Incubation Operations, Training and Applications

What an honor is was for the IOTA team to conduct a Best Practices of Business Incubation training for Bangladesh High Government officials and administrative staff of the Bangladesh Hi-Tech Park. Joining us was also the President of Dot Com USA, NYC office. Also attending was IOTA team member Mr. Mike Gildea, President of Brain Gain LLC. The training was presented at George Mason Enterprise Center in Fairfax, VA. www.iotasite.com

Check out the new additions on the IOTA website, www.iotasite.com , especially our latest projects. Also, welcome our latest strategic specialist Ms. Pat Frerkes CPA

Update from IOTA Consultants Russell Combs and Lisa Ison: It's good to be able to wind up our latest incubation feasibility studies. Looks like both communities in New Mexico are moving forward with their respective projects. The sponsors of the kitchen incubator project in Dona Ana County, New Mexico have indicated they are planning for the next phase. Likewise, the champions in Valencia County, New Mexico are taking steps to see their hybrid mixed-use / kitchen incubator endeavor come to fruition. We were proud to be the consultants of choice. Of course, I would be remis if I didn’t remind groups or communities that are considering a business incubator, please do conduct a feasibility study. Below are some pictures of the beautiful scenery we were privileged to take in during our work sessions there.

IOTA has numerous clients that are bringing to market some fantastic technologies. Yet every once in a while one of our client's technology is truly -- "right on time" . Please view the ABC article: https://www.youtube.com/watch?v=jceMu_IpIWI&t=57s. 4MT North America is a company that offers an EACH PURCHASE AUTHENTICATION security related to the use of your credit card and NO CHIP. Here is what the president of 4MT North America has to say about their technology. "Based... on industry news coverage, the Consumer credit card market is extremely aware of the breaches that have already occurred and have a high sensitivity need to protect their identity and funds. Our Card Security solution provides the ability for account based transactions to be either active or non-active using rule-sets, these rule-sets are defined within the mobile application by the cardholder in real-time. The solution ultimately reduces the window of opportunity for fraud by: 1) Allowing cardholders to manage when and what transactions can occur. 2) Keeping cardholders informed on authorized and declined transactions. Why Our Solution: Has been operational a number of years in Europe. It secures all subscribed accounts We do not store account information on the mobile phone. Has very low implementation cost. It reduces charge backs, bank replacement cards and handling costs. It can enhance customer awareness by using features such as activation spending controls. It uses less support staff. Nicolas Jacovides Chief Executive Officer 4MT North America Enterprise Center 609 Broadway Boulevard Albuquerque, NM 87102This offering is incredible and will be available very soon right here in the US. For more information contact us here at IOTA, [email protected] See more

It was a very productive day. IOTA President Russell Combs (far right) and Prime Partner Consultant Mike Gildae (President of Brain Gain, LLC, far left) presented with the WILTEG Technologies team at the Village of Los Lunas. WILTEG Technoligies is the latest IOTA Concept to Commercialization initiative to launch. A New Jersey based company that will transition to New Mexico.

Planning an Exit Strategy for your Business.

Lisa Ison, has great ideas for anyone who wants to start a business.

Winner of IOTA’s 2016 Annual ARC Business Incubator Assessment Review Announced. by IOTA | Jul 1, 2016 | news | Winner of IOTA’s 2016 Annual ARC Business Incubator Assessment Review Announced. ... Congratulations to The HIVE Network in Beckley, WV. Winner of IOTA’s 2016 Annual ARC Business Incubator Assessment Review. Joseph Carlucci, business coach at The Hive Network, explains. The WV Hive Network is an extensive network of physical touch-down spaces, technical assistance coaches, and start-up resources. The first Hive location is in Beckley, WV. This serves as the hub for all Hive interactions. The Hive was installed to connect existing and future entrepreneurs with the resources they need to get off the ground and thriving. With dozens of regional partners, the Hive has been able to assist dozens of entrepreneurs including students, politicians, as well as those who have been in business for a long time. The connection of resources with need, is designed to build a culture of entrepreneurialism throughout the state and region. The Beckley Hive houses a coding lab, maker lab, apparel lab, design lab, event space, a one button studio, countless advanced software systems, and a regional business coach for one-on-one assistance with any business problem. These resources are available to any business or start-up free of charge. IOTA senior business incubation representatives will be conducting a two day, in-depth, forensic analysis of the program and producing a report aimed at helping The HIVE Network maintain its already high standards of business incubation best practices. IOTA will also assist The HIVE to identify any gaps in services, programs, policies and procedures. It will conclude with a written report and presentation given including recommended Next Steps. Ongoing mentoring after the assessment will also be available. Please review IOTA’s Services Page at www.iotasite.com for full overview.

Opening ceremonies at the InBIA conference