IMPACT2010 t h e p A C T V e n t ure Conferen c e N o v e m b e r 9 & 1 0, 2 0 1 0 >> P h i l a d e l p h i a
presented by
hosted by We all need new opportunities. Where do you get them? In this challenging environment, most look for a trusted source that has demonstrated success consistently before. On behalf of the Greater Philadelphia Alliance for Capital and Technologies (PACT) Conference Committee, I would like to welcome you to IMPACT 2010, the premier venture conference in the northeast.
IMPACT 2010 will focus on our region’s venture community and the value of connecting innovative ideas to the people who can make them a reality.
Join venture luminaries and your peers on November 9 & 10 for a day and a half of insights, panel sessions, networking, and real-life success stories from some of the region’s leading companies. This event is a great investment for venture investors (in and out of region), entrepreneurs, advisors, and business leaders.
Here are some of the highlights you will experience at IMPACT 2010:
>> Attend content-rich programs led by thought leaders in venture capital, operational excellence, emerging company growth, and business development
>> Meet valuable contacts — potential investors, partners, and customers — and network with your peers
>> See the region’s top emerging growth companies in all stages of corporate development (in three tracks this year: Technology and Services, Life Sciences, and Cleantech.
>> Enjoy the buzz and excitement of the Gala Reception, which is the business networking event of the year.
Discover the value of IMPACT 2010.
We look forward to seeing you there!
Sincerely,
Brian Hughes Partner In-charge, Venture Capital Practice, KPMG LLP Chairman, IMPACT 2010 Co n f e r e n c e Ag e n da Please visit www.philadelphia.com for updates
Tuesday, November 9, 2010 PA Convention Center
Registration Opens ...... 1:30 p.m.
Panel Discussion 1 ...... 2 p.m. Touchdown! 2010 Successful Exit and Liquidity Events Despite the challenging economic environment the United States has been in over the past three years, many entrepreneurs have been able to navigate these turbulent times to not only survive, but thrive. Chief Executive Officers from both the technology and healthcare industries come together to share with you their stories and secrets of how they built their businesses and executed on their growth strategies during this tumultuous time. In addition, they will discuss how they led their companies to a successful exit event (strategic sale or IPO) in 2010. Lars Björk | CEO, Qlik Technologies, Inc Jane H. Hollingsworth | CEO, NuPathe Inc. Michael Wells | Former Founder and CEO, Aton Rx, Inc. Dan Williams | Managing Director, ArchPoint Partners | Moderator Additional panelists to be announced
Panel Discussion 2 ...... 3 p.m. Protect Your Company’s Intellectual Property without Breaking the Bank Technology entrepreneurs know that intellectual property is important to their companies but do not always know how to identify their IP or how to prioritize protecting their IP on a limited budget. A panel of experts who specialize in cost-effective method in identifying, prioritizing and protecting IP for early stage companies will illustrate this process via a live demonstration. Representatives from two early stage companies will briefly explain their businesses to the audience, identifying a number of potential IP issues. The panel of experts will identify and discuss the company’s IP issues with an emphasis on cost-effectively prioritizing the issues to be addressed. The audience will be invited to ask questions based on the presented scenarios. Eduardo M. Carreras | Of Counsel, Woodcock Washburn LLP Michael P. Dunnam | Partner, Woodcock Washburn LLP Glen Gaddy | Robin Hood Ventures Darren Hammel | Co-founder & Executive Vice President Business Development, Princeton Power Systems Denise I. Mroz | Partner, Woodcock Washburn LLP Andy O’Dell | Co-Founder- Chief Executive Officer, Skepsu LLC
Sponsored by: Panel Discussion 3 ...... 4 p.m. Sources of Early Stage Funding: Angels, Angel Networks, and Family Offices Two recent trends in early stage financing are affecting the entrepreneur’s access to capital. The better known trend is the decline in capital coming into early stage venture funds and the constraints on the remaining funds to do significant deal volumes.T he second trend, however, is countervailing and involves the increasing activity of direct early stage investing by angels, angel networks and funds, and family offices.T his panel will present representatives from these sources of capital and will advise entrepreneurs on the unique characteristics of each. Insider tips on how to find, approach, and present to these alternative sources of funding will be provided by the panelists. Richard Bendis | Chairman, Innovation America Mike Kane | President, Kestrel Asset Management Katherine O’Neill | Executive Director, JumpStart New Jersey Angel Network Additional panelists to be announced The Limited Partner Viewpoint The challenging fund raising environment since the financial markets meltdown in 2008 has been well publicized and has been felt first-hand by all private equity and venture capital funds, large and small. A distinguished panel of some of the industry’s leading limited partners has been assembled to discuss i) the current state of the fundraising environment; ii) how General Partners can best position their firms for success; iii) how limited partners’ return expectations have been impacted by the recent recession and slow recovery; iv) how recent and proposed legislation will impact the industry; and v) what their predictions and forecasts for the industry are over the next 5 to 10 years. Bradley T. Atkins | CFA, Co-Founder and CEO, Franklin Park Bruce Feldman | Director of Alternative Investments, the Commonwealth of Pennsylvania State Employee Retirement System (PSERS) Samuel N. Porat | Director, Neuberger Berman James Sperans | Managing Director, Morgan Stanley Tony Perkins | CEO/Editor-in-Chief, AlwaysOn | Moderator
Keynote Speaker ...... 5 p.m.
David Kirkpatrick Author of the New York Times Bestseller The Facebook Effect: The Inside Story of the Company that is Connecting the World Join us as David Kirkpatrick brings us an open and honest view of the adventures of Mark Zuckerberg and friends, who started Facebook in Zuckerberg’s dorm room when he was a student at Harvard University. It took only a few years for Facebook to become the preeminent online social networking site and a global business giant, reaching 500 million users this summer. Facebook is now available in 70 languages to 90 percent of the global population. It has affected the way we communicate personally, professionally, and politically, across nations and continents.
Sponsored by: Cocktail Reception ...... 6 p.m. Mix and mingle with the movers and shakers from the PACT community as we conclude the opening day of IMPACT 2010.
Investor Dinner (by invitation only) ...... 7:30 p.m. Investors and senior business development professionals will have the opportunity to expand their business networks with a select group of key players in the region.
Co-Sponsored by:
Wednesday, November 10, 2010 PA Convention Center & the Crystal Tea Room
Registration Opens ...... 7:30 a.m.
Breakfast and Keynote Address ...... 8 a.m.
Chris Wallace Veteran Journalist and Host of Fox News Sunday Mr. Wallace will discuss current national and political affairs including the results of the recent November elections. Shaped by his years of experience and by his keen awareness of current events, Mr. Wallace will provide the IMPACT audience with a unique, behind-the-headlines perspective on the latest issues and trends in Washington.
Co-Sponsored by:
Clean Technology Panel ...... 9:45 a.m. Next Generation Current Perspectives on the State of Cleantech Investing The private equity and venture capital investment landscape has changed post the financial crisis and as a result investors, like businesses, have had to change their perspective on how they look at investment opportunities. The panel will discuss some of the major changes in the cleantech space they have seen in the past couple of years and outline key characteristics that make up a desirable investment opportunity in today’s market. The panel members are recognized as some of the Country’s most successful and respected Cleantech investors representing a broad range and depth of sector expertise. This discussion will be important for Cleantech executives, investors and advisors alike.
Michael DeRosa | Managing Director, Element Partners
Mary Kay James | Managing Director, DuPont Ventures & Intellectual Assets and Licensing
Scott MacDonald | Partner, Emerald Technology Ventures
John Moore | Director and CEO, Acorn Energy Inc. Tucker Twitmyer | Managing Director, Enertech Capital
Jeffrey Levinson | Vice President, Janney Montgomery Scott, LLC | Moderator
Co-Sponsored by:
Life Sciences Panel ...... 9:45 a.m. The View – A Buyer’s Perspective A panel of money sources will discuss how they analyze life sciences companies and what makes an impression — both positive and negative. The panelists will discuss their own approach to investments and the decision-making process.
Jack Florio | Senior Vice President, Brinson Patrick Securities Corporation
Brian Halak | Partner, Domain Associates, LLC
Sean Murphy | Former Vice President Licensing/New Business Development, Abbot Laboratories
Adele Oliva | Partner, Quaker BioVentures | Moderator
Additional panelists to be announced
Technology & Services Panel ...... 9:45 a.m. Prepare for Success Financing Technology Companies in the Current Economic Climate Technology companies continue to face challenges to their growth and success that are unlike their predecessors, but the financing environment is showing signs of recovery and sustainability. The “nuclear winter” has ended and we appear to be in a post-recession environment where venture capital and private equity firms are able to raise new funds and are again looking to originate new investments rather than tending primarily to their portfolio investments. This panel explores the current financing environment for technology companies and will seek to offer insights into the deal metrics and terms being sought and achieved in this environment, as well as what technologies are finding favor with investors today. The panel members represent some of this region’s most successful venture capital and private equity investors, mezzanine lenders, venture debt lenders, financial and legal advisors to technology companies who have successful track records and experience advising companies in both good and challenging times.
Greg Case | Partner, LLR Partners
Manuel Henriquez | Chairman & CEO, Hercules Technology Growth Capital
Steve Hobman | General Partner, NewSpring Mezzanine & Partner, NewSpring Capital
Michael Kopelman | Principal, Edison Venture Fund
Peter Blackwood | Managing Director, Head of Technology and Services, Janney Montgomery Scott LLC
Michael Harrington | Partner, Fox Rothschild LLP | Moderator
Co-Sponsored by: Featured Company Presentations ...... 10:45 a.m. Come hear presentations from more than 40 of the regions most promising investment opportunities. Clean Technology Presentations
Sponsored by:
Life Sciences Presentations
Sponsored by:
Technology and Services Presentations
Sponsored by:
Keynote Address and Luncheon ...... 12:45 p.m.
Rick Reilly ESPN Contributor and 11-Time National Sports Writer of the Year Rick Reilly will discuss everything from his start in journalism to the challenge of writing and reporting in today’s 24/7 news cycle. Witty and intelligent, his insights have left an indelible mark on journalism, and will remain with the IMPACT audience long after the presentation is over.
Sponsored by:
Featured Company Presentations ...... 2:30 p.m. Clean Technology Presentations
Sponsored by:
Life Sciences Presentations
Sponsored by:
Technology and Services Presentations
Sponsored by:
Clean Technology Panel ������������������������������������������������������������������������������������������� 4:30 p.m. Managing and growing Clean Technology businesses in their various stages of development The panel includes a diversified group of CEO’s who have experience managing and growing cleantech businesses at all stages of development (early, middle, late, public). They will discuss both the obstacles they are experiencing today as well as some of the tactics they are using to succeed in their current environment. PhilIp F. Bell | President and CEO, EPI Robert Chiste | Executive in Residence, El Dorado Ventures Art Dodge | Co-Founder, President, CEO, and Director, ECORE International Michael Hamilton | CEO, Sriya Innovations Inc. Thomas P. Dwyer | Partner, Blank Rome LLP | Moderator
Sponsored by:
Life Sciences Panel ...... 4:30 p.m. Case Studies – Alternative Sources of Funding Senior executives will review company case studies of successful alternatives to traditional equity and debt financing, including financing through grants and other government funding, cost arbitrage and emerging markets, virtual companies and partnering relationships. Gerri Henwood | President and Chief Executive Officer, Recro Pharma John F. Hollway | Vice President of Business Development, Achaogen James F. White, PhD | President and Chief Executive Officer, CoLucid Paul K. Wotton | Chief Executive Officer, Antares Pharma, Inc Joanne R. Soslow | Partner, Morgan, Lewis & Bockius LLP | Moderator
Technology & Services Panel ...... 4:30 p.m. Navigating the Strategic Landscape A Corporate Buyer’s Perspective
Get an inside view of the current state of the M&A market from leading corporate development executives. Find out what has been driving corporate buyers back into the M&A market, the sectors & themes they are currently focused on, and the growing importance of an integrated deal team approach. Learn firsthand what separates a good acquisition candidate from a bad one and the potential pitfalls and road blocks from closing a deal. Whether you are considering a sale, are on the hunt for strategic opportunities, or looking to gain some perspective on what motivates these sector leaders, this panel discussion will be a must-see. Jason Harinstein | Director, Corporate Development, Google Inc. Jeremy Segal | Director, Business Development, Akamai John M. Coogan, Jr. | Partner, Duane Morris LLP | Moderator Additional panelists to be announced
Sponsored by: Gala Reception...... 6 p.m. Join us at the Crystal Tea Room to celebrate the region’s entrepreneurial spirit as we conclude IMPACT 2010.
Co-Sponsored by:
Special Thanks to the Sponsors of IMPACT 2010
IMPACT 2010 Conference Host
Gala Reception Co-sponsors
Luncheon & Awards Sponsor Coaching Day Sponsor Sponsor Appreciation Reception
Ametek Grant Thornton LLP Pine Hill Group, LLC ArchPoint Partners Hobbs & Towne INC Premium Seating at the Wells Ashton Tweed, LTD ICG Fargo Center Blank Rome LLP Janney Montgomery Scott Quaker BioVentures CBIZ MHM, LLC KPMG LLP RR Donnelley Cephalon LAZARD Saul Ewing LLP Cozen O’Connor MMV Financial Inc. SCP Partners & SCP Vitalife Cross Atlantic Capital Partners Morgan, Lewis & Bockius LLP SeventySix Capital Drinker Biddle & Reath LLP NewSpring Capital Silicon Valley Bank Duane Morris LLP NSM Insurance Group SorinRoyerCooper LLC Edison Venture Fund Originate Ventures Susquehanna Growth Equity EisnerAmper LLP Osage Partners Trestle Ventures Element Partners PECO University City Science Center Ernst & Young LLP Pepper Hamilton Withum Smith & Brown Fesnak and Associates, LLP Pfizer Inc Woodcock Washburn LLP Fox Rothschild LLP Philadelphia Business Journal Zero to 5ive Full impact 2010 Conference IMPACT 2010 Registration (includes November 10 Gala Reception) Register online at www.philadelphiapact.com $900 per PACT member or fax the form below to 215-790-3601. $1,100 per non-member Pre-registration for the IMPACT 2010 closes on Tuesday, November 9 Only October 22. Registrations after October 22 will be $400 per person processed on-site only, and the cost is $1,300 per attendee. Wednesday, November 10 Breakfast Featuring Registration Information Keynote speaker $50 per person Registrations must be received by October 9 in Wednesday, November 10 order to be listed in the Book of Attendees. To Gala Reception only receive a refund for attendee cancellations, please $300 per person email [email protected] by October 14. Substitutions are welcome, but must be emailed to Entrepreneur Program [email protected] by October 21. “200 for $200” $200 per person
Registration Form investors Industry Expertise: Tech & Services Life $675 per PACT member $875 per non-member Sciences Cleantech Other
Profession: (please indicate the type of professional in the space provided)
Investor Assets under management: $
Entrepreneur Professional Advisor Other
Name(s) of Attendee(s)
Title Company
Address
City State Zip
Phone Fax
Email Website
Please make checks payable to: Greater Philadelphia Alliance for Capital and Technologies (PACT) 200 South Broad Street, Suite 700 | Philadelphia, PA 19102-3896
Charge my: American Express Discover/Novus Mastercard Visa
Cardholder Name Exp. Date amt. Charged
Card No. Signature (required)
Registrations will only be accepted by mail, website, or fax 215-790-3601. No registration will be taken over the phone, and full payment must accompany registration. 200 South Broad Street, Suite 700 Philadelphia, PA 19102-3896 www.philadelphiapact.com
hosted by