“This event highlighted the growing demand for collaboration to advance high-growth business creation and success,” said Aaron Knox, ieExpo’s organizer and ieCrowd’s Chief Partnership Officer.
Riverside, CA (PRWEB) May 10, 2013
ieCrowd’s Innovation Economy Expo (ieExpo), an event designed to foster new collaboration for innovation-focused business growth, attracted over 700 people to the Ontario Convention Center in Southern California yesterday.
The sold-out event brought together important stakeholders, business leaders, experts, and thought-leaders for the first critical step in creating a crowd-driven movement for transforming innovative technologies, products and services into high-growth businesses through collaboration across sectors, industries, and communities.
“This event highlighted the growing demand for collaboration to advance high-growth business creation and success,” said Aaron Knox, ieExpo’s organizer and ieCrowd’s Chief Partnership Officer. “It was a recognition by business owners, entrepreneurs, governments, educational institutions, and non-profits that the way business was done yesterday is not the way in which we will create success moving forward,” he continued.
Attendees were called into action by keynote addresses from Larry Ransom, Founder and President of The Synergy Network; and Hector Barreto, Chairman of the Latino Coalition and former Administrator of the U.S. Small Business Administration.
The day’s Master of Ceremonies, Berny Dohrmann - who is the Founder and Chairman of CEO Space - challenged the participants to leverage the new platform created by ieCrowd for connecting businesses with the resources needed for success – locally and globally.
“In today’s global market, successful businesses are those that continue to adapt and leverage the power of the network that has come together at this event,” Dorhmann said.
Speakers and panel discussions encouraged attendees to not limit their aspirations and to instead push their businesses to new heights by working cooperatively to create new global opportunities – across sectors, with private and public partnerships, and by becoming part of a collaboration-focused movement that is driving the ieCrowd effort.
“All businesses start out small, but they don’t all stay small,” Barreto said. “If we embrace small business, we will have a stronger country, and that is why innovation is so important.”
Ten breakout sessions represented an unprecedented level of access to innovation commercialization resources. The breakout sessions were at maximum capacity, presenting expert panels on topics including: crowdfunding technology, trends, and strategies; capital formation; export strategies to global markets; innovation in manufacturing; new trends in sales and marketing innovation-centric companies; building an innovation-focused workforce via education; and others.
The thread of American global competitiveness in global markets ran throughout the day, in which attendees agreed that new collaboration among stakeholders, entrepreneurs and investors could generate new competitiveness and new growth for innovative companies.
“Build it to be a global entity,” said Marianne Rowden, President and CEO of the American Association of Exporters and Importers. “We live in an innovative global economy with the vast majority of economy growth taking place outside U.S. borders.”
Amro Albanna, Chairman and CEO of ieCrowd, speaking to the general session, highlighted the importance of entrepreneurship and creating innovative companies. Great innovations and ideas are in abundance, but the real challenge is transforming innovations into successful companies.
“Commercialization is the only way to unlock the real benefits of innovation,” Albanna said. “Only when we turn ideas into products and services can we unlock the social and economic benefits of innovation for everyone,” he continued.
Albanna also highlighted the potential impact of the forthcoming regulatory changes via the JOBS Act. This is a great time for entrepreneurs who are willing to explore new ways of raising capital, Albanna shared with the 700+ people in the general session. The crowdfunding phenomenon, in which companies raise money through an extended “crowd” of potential investors in their network and beyond, promises to be the most significant change in capital formation since the 1930s, he said. It provides new opportunities for entrepreneurs to raise capital for innovative products, but the challenge remains to build successful companies that can impact the lives of people around the world.
“The event was a great success. But now our work is just beginning. We will be launching, in the next 2 weeks, a new collaborative platform for all stakeholders involved in building innovation-centric companies and communities – a true collaboration platform for innovation commercialization efforts around the world,” said Knox. “Not to mention that our work for next year’s event starts now,” he said.
For photos, videos, and other postings on the event, please visit http://www.innovationeconomyexpo.com.
ieCrowd, located in Riverside, California, is a crowd-powered platform designed to transform innovations into high-growth ventures with global impact potential. With a philosophy of “Doing Good and Doing Well,” ieCrowd is designed to enable the crowd to participate in the social and economic opportunities created by developing and growing innovative ventures. ieCrowd focuses on global challenges.