• First Flight Venture Center: Launching Startups Successfully

  • Nov 29 2024
  • Length: 45 mins
  • Podcast

First Flight Venture Center: Launching Startups Successfully

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  • Summary

  • What does it take for deep tech startups to move from idea to impact? How can innovation hubs like First Flight Venture Center provide the tools, mentorship, and support founders need to thrive? In this episode of Siemens for Startups, host Jim Gernatt welcomes Krista Covey and Ben Provan from First Flight Venture Center, North Carolina’s leading business innovation hub. Krista, President of First Flight, and Ben, Director of Hangar 6, provide an in-depth look at how their organization fosters early-stage startups with mentorship, cutting-edge prototyping services, and a thriving ecosystem of support. Discover how First Flight bridges the gap between groundbreaking science and market-ready solutions, and learn how their collaboration with Siemens empowers deep tech entrepreneurs to accelerate their innovation cycles. Gain insights into their unique programs, such as Hangar 6’s rapid prototyping resources, and hear inspiring success stories of startups that turned ambitious ideas into real-world impact. Listeners will walk away with actionable takeaways for navigating the startup journey, including strategies for overcoming funding challenges, building strong teams, and creating scalable business models. Whether you’re a startup founder, an investor looking to better understand deep tech, or an innovation enthusiast, this episode offers valuable lessons for transforming bold visions into sustainable success. What You’ll Learn in This Episode: History and role of First Flight Venture Center and Hangar6 (01:00) Examples of company journeys in the Research Triangle Park (RTP) ecosystem (03:55) How can founders stay focused and motivated when faced with challenges or setbacks? (6:50) Why is it a good time now to start a start-up or invest in one? (25:10) How do the investment community and Siemens’ tools support deep tech? (29:00) Vital questions that founders should ask to improve long-term success (39:35) Siemens’ special packaging and pricing for startups through First Flight Venture Center (43:40) Connect with Jim Gernatt LinkedIn Website Connect with Ben Provan Website LinkedIn Connect with Krista Covey Website LinkedIn
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