7th Midwest Corporate Venturing Program: Leading Innovation for Tomorrow

Global Midwest Alliance

888.808.0462

Driving Innovation and Growth

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Date:

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Reservations Required:

November 10, 2022

8:30 a.m. - 11:45 a.m.

Lower Level Amenity Center

150 N. Riverside Plaza

Chicago, IL 60606

Corporate venturing is an integral and growing part of the innovation ecosystem in the Midwest and throughout the world. The number of corporate venture companies has continued to grow since this program began seven years ago. While the pandemic has changed the corporate venturing landscape, it is clear that the innovation economy has emerged strong and pivoted to the changing business economic and social landscape. Today, there is sharp focus on managing both the relationships between portfolio companies and their investors, as well as managing expectations for success.

Now more than ever, a company’s ability to recognize and extract value from innovation will separate success from failure. Corporate venturing continues to offer companies a direct path to reap strategic and financial rewards from new business models, emerging technologies and disruptive innovation. Startup companies increasingly view corporate venture companies as important partners in building value.

Join us for an in-person event on November 10 for the 7th Corporate Venturing Program. Areas to be covered include:

Managing successful corporate venture programs in turbulent times;

Accessing new opportunities in innovative technologies and solutions;

Supporting entrepreneurs in scaling their businesses, both in the Midwest and globally;

Investing in early-stage technologies and driving innovation; and

Achieving a strategic and financial return.

The program will include discussion of the current state of Midwest corporate venturing and the opportunities and challenges of corporate venturing in the post-pandemic world. The Innovation Panel brings a fresh perspective with companies bringing promising, novel technologies. This includes selected senior executives from revenue-positive, emerging companies from the United States who will be showcasing their technology solutions and are looking to enter or build their market presence via investment and or partnership opportunities.

The 2022 Corporate Venturing Program will also highlight:

A November 9 Opening Reception hosted by the Energy Foundry featuring a discussion with an Energy Foundry portfolio company and their corporate venturing investor.

A Fireside Chat with a representative from Counterpart Ventures on their 2023 State of CVC (Corporate Venture Capital) Report.

The Innovation Panel will showcase early-stage companies.

The Corporate Venturing Panel will examine best practices and lessons leant from corporate venturing groups and some of the companies in which they have invested.

The Corporate Venturing Panel will provide insight into the relationship between corporate venture companies and their portfolio companies and how these relationships help the portfolio companies grow. The panel includes a diverse group of individuals with experience leading corporate venture capital firms that invest across the spectrum of emerging technologies. Attendees will hear from industry experts, venture capitalists from across the Midwest, institutional limited partners, CEOs and entrepreneurs, who will provide a perspective on the convergence of opportunities for both corporate venture programs, non-corporate venture capital firms and their increasingly strategic value to innovation.

Seating will be limited. Please REGISTER on or before November 7, 2022.

7th Midwest Corporate Venturing Program

Corporate Venturing: Managing Relationships

and Expectations for Success

About Our Host and Sponsor

Allstate Strategic Ventures (ASV), founded in 2015, is the corporate venture capital arm of Allstate Insurance Company, a leader in the property and casualty insurance market in the United States. We invest in entrepreneurs whose disruptive technologies — ranging from insurtech to new mobility models to deep and frontier tech — will help shape the future of the insurance industry and adjacent sectors. ASV has a long history of strategic investing and has built a world-class portfolio of companies. www.allstatecorporation.com/strategic-ventures.htm

Energy Foundry invests venture capital in today’s most promising energy innovators, and we work with the world’s leading energy companies to build and scale new ventures. Our approach merges venture capital with the perks of partnership and includes an arsenal of essential tools and relationships to help bring great ideas to market. We deploy capital and leverage strategic tools to de-risk investments and accelerate time to market for the most promising emerging energy companies. www.energyfoundry.com

K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals. www.klgates.com

Polsinelli is an Am Law 100 firm with more than 950 attorneys in 21 offices nationwide. Recognized by legal research firm BTI Consulting as one of the top firms for excellent client service and client relationships, the firm’s attorneys provide value through practical legal counsel infused with business insight, and focus on health care, financial services, real estate, intellectual property, middle-market corporate, labor and employment and business litigation. Polsinelli PC, Polsinelli LLP in California. www.polsinelli.com

Global Midwest Alliance is a business-led, region-wide organization dedicated to transforming the Midwest into an internationally-recognized leader in innovation and business growth. The Alliance aligns and integrates resources throughout the Midwest helping businesses to grow by leveraging existing resources to develop new products and find customers throughout the world. The Alliance is the Private Sector Liaison Office for the World Bank and a member of Global CONNECT. Through these and other affiliations, the Alliance facilitates access to global business opportunities for Midwest business through 160 groups in 107 countries around the world. The Alliance offers educational and networking opportunities through a variety of programs and resources designed to promote innovation, technology development and access to global opportunities in the clean technology, energy, food, logistics, manufacturing and water industries. www.globalmidwestalliance.org

Member of

AGENDA

November 9, 2022

Welcome Reception Hosted by Energy Foundry

4809 N. Ravenswood, Suite #414-416, Chicago, IL 60640

Welcome Reception

CVCs as Stakeholders and Directors: An Inside Look at the Interplay Between the CVC, Entrepreneur and Other Investors

A panel on how CVCs work together with their financial investor counterparts and other key stakeholders in the company. We will discuss potential conflicts of interests, challenges and benefits, including tips on how to manage relationships.

Moderator: Laurence Hayward, Partner and Co-Founder, ATOMS.CV

Panelists:

Sara Chamberlain, Co-Founder and Managing Director, Energy Foundry

YP Huang, Ph.D., Principal, Applied Materials

Stephen Wasko, Chief Financial Officer, NuCurrent, Inc.

November 10, 2022

7th Midwest Corporate Venturing Program

Lower Level Amenity Center, 150 N. Riverside Plaza, Chicago, IL 60606

Registration, Introductions and Networking

Welcome & Opening Remarks

Allen Dines, Executive Advisor, WiscPartners

Keynote: A Presentation & Fireside Chat

Sponsored by K&L Gates

Moderator: Allen Dines, Executive Advisor, WiscPartners

Speaker: Speaker: Patrick Eggen, Co-Founder and Partner, Counterpart Ventures

Coffee and Networking Break

Innovation Panel

Sponsored by Polsinelli

Moderator: Matt Eckert, Venture Capital & Emerging Growth Companies Chair, Shareholder, Polsinelli

Panelists:

Terry Dyck, CEO, IGY Immune Technologies & Life Sciences

IGY Immune Technologies & Life Sciences is a biotechnology company working on innovations in immunology. We focus on the extraction of antibodies from chicken egg yolk and market these antibodies as nutritional supplements both in animal and human health supplements. IgY antibodies have several human and animal health applications as an immune system modulator. Currently, IGY Life Sciences sells Muno-IgY wholesale as a branded ingredient while using it to develop its own brand of retail products under the brand name of IGY Immune. (Canada)

Parminder Batra, CEO, TraknProtect

TraknProtect is an award-winning safety solution helping hotels comply with local laws and union requirements for safety buttons and providing hotels with a peace of mind of protecting its employees, while automating operational processes to increase employee efficiency and productivity on a single intuitive platform. Additionally, TraknProtect is on a mission to have a meaningful impact on safety that includes human trafficking victims and is committed to eradicating human trafficking in hotels. TraknProtect is a leading provider of safety buttons because of its easy to use, easy to deploy technology and is a preferred vendor for brands such as IHG, Peninsula Hotels, Accor NA and more. (United States)

Robin Berthier, CEO, Network Perception

Network Perception protects mission-critical assets by empowering cybersecurity and compliance teams to achieve high level of cyber resiliency through verification, visibility, and velocity. Built by a government-funded research team comprised of cybersecurity and industry experts in network security and critical infrastructure protection, the NPView platform is the industry standard to verify network segmentation and visualize industrial control network environments. (United States)

Aytul Ercil, Co-Founder and Co-CEO, Vispera Corporation

Vispera is a retail image recognition and analytics company serving its grocery retailer and supplier clients with business technology solutions for retail execution monitoring, productivity boosting and perfect store enablement, giving businesses a digitized view of their store. Mobile or fixed cameras capture and recognize the products, detect empty spaces and other non-compliance issues and alert the appropriate staff through notifications. Vispera's proprietary image recognition technology is underpinned by AI, machine learning, deep learning and a thorough understanding of retail. Vispera currently operates in over 30 countries with clients like Coca Cola, Unilever, Phillip Morris, Henkel and Danone. (United States/Turkey)

Ryan Walsh, CEO, Valqari

Valqari's patented product line of universal drone infrastructure, including our six-locker Drone Delivery Stations and Drone Mailboxes, serve as a designated area for drones to safely land, keeping people, pets and property away from the potentially dangerous drones and securing the valuable cargo. Every Valqari product can both send or receive packages by drone, as well as traditional delivery. Our software enables packages to be dispatched, tracked and received, ensuring full chain of custody throughout. (United States)

Coffee and Networking Break

Corporate Venturing Panel: How to Successfully Bridge New Technology from the Venture Landscape into Established Companies

The panel will discuss the keys to success, including overcoming culture challenges, gaining advocacy, securing budget and project managing the transitions.

Moderator: Brian Schettler, Partner, AEI HorizonX

Panelists:

Thurston Cromwell, Vice President-Development & Innovation, Emerson, and Head, Emerson Ventures

YP Huang, Ph.D., Principal, Applied Materials

Charles Coccia, Portfolio Development Principal, Boeing Applied Innovation

Closing Remarks

Jason Blumberg, Co-Founder and Managing Director, Energy Foundry

5:30 p.m.

6:00 p.m.