Bridging Innovation and Business

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Bridging Innovation and Business"

Transcription

1 Otaniemi Incubation Excellence Bridging Innovation and Business Pertti Vuorela, Technopolis Ventures Ltd.

2 Networking Model in Business exploitation Otaniemi High-Tech Area Academic & Research Partners TKK, VTT, Polytechnics technology students 3000 researchers Investors Public: Discovery, R&D, Incubation Seed financers Venture capitalists & Business angels ANCHOR CORPORATIONS Big Company partnership activities Research cooperation, sponsorship, sales channels Nokia, Elektrobit, TietoEnator, Kone, Hewlett-Packard FI, Microsoft FI etc Otaniemi - Bridging Innovation and Business

3 NTBF Support System Model Otaniemi & Technopolis Ventures New Technology Based Firms (NTBF) Support System: Bridging Innovation and Business with incubation & internationalization OBJECTIVE PROCESS ACTORS and TARGET GROUPS TRANSFER DELIVERY MECHANISM and REQUIR. RESOURCES SWOT CRITICAL SUCCESS FACTORS MEASUREMENT OF SUCCESS SUCCESS STORIES The main objectives of the Otaniemi NTBF Support System related to Business Exploitation of Research are: Provide a highefficiency start-up support environment to link scientific innovation and entrepreneurialism Incubation services and partnering to generate technology based companies and global success stories Otaniemi incubation model offers wide range of services from evaluation and coaching to networking and growth enhancement Main steps are discovery, incubation, acceleration and internationalization Private-Public basis creates added value; the model covers a wide range of support to start-ups, provided by actors and partner network The main actor with proven track record in generating high-tech companies is the experienced Incubator Technopolis Ventures Public and private research centers, Universities, Innovative firms Partner network of Academia, TE-Center, Finnish Technology Agency TEKES, Finnish National Fund for Research and development SITRA, VC firms & service providers If the basic infrastructure exists, the networking model and additional elements are transferable but according Otaniemi expertise the benefits require long-term commitment, functional good private-public partnership and continuous improvement TRANSFER DELIVERY MECHANISM Transfer is done by benchmarking and further development in the area The benefits require adaptation into regional environment & actors networking Strengths Weaknesses The Otaniemi hightech community is public financing to Lack of continuous good environment to incubators develop ideas Not many really The actors involved International actors have expertise and ability to private-public partnership Opportunities Threats Increasing interest of Decreasing the national players to investments from big develop incubator companies in R&D operations If entrepreneurial More involvement of intent of academia is big companies on spinoff not increasing cration Strong university, industry and regional partnership Incubator expertise from discovery & kick-off to internationalization services Business development programs and individual coaching Events and seminars provide contacts Cluster programs provide best expertise in their sector THE OTANIEMI NTBF SUPPORT SYSTEM MODEL The benefits require a high tech community as good environment to develop ideas into success stories Number of ideas collected, evaluated & helped to develop Number of companies generated Company growth inside the incubator Survival rate in the incubator and after companies have left incubator Otaniemi high tech community cooperation developed: & Technopolis Ventures 160 ideas evaluated & 80 helped towards commercialization 55 new high-tech startups generated Average growth in incubator 50%, survival rate 95% Post-incubation Survival rate 86% In Torino I3P developed its NTBF Suppport system according to suggestions and elements highlighted in the transfer and discussion process TARGET GROUPS researchers innovative entrepreneurs technology based start-ups & spinoffs having potential to grow success stories REQUIRED RESOURCES The main actor with ability to create NTBF Network of Incubators, Research Institutes, Universities & supporting private and public partners High tech community with co-operation CONTACTS: Owner in Helsinki Region: Technopolis Ventures Ltd. ( Contact persons: Pertti Vuorela and Keith Sitverang Users: Torino, I3P incubator, Gianni Guerra or Federico Sarti Tallinn, Tehnopol, Raivo Tamkivi Berlin, Wista Management ( Helge Neumann South Sweden, SydSam, Lars Malmborg Alpes Maritimes, CICOM, Alain Andre DELIVERABLES, PUBLISHED ARTICLES and MATERIAL: Flyer: green flyer "Business Exploitation - Otaniemi NTBF Support System" Presentations & Articles: e.g. best_practices_in_business_exploitation.ppt (Pertti Vuorela) and presentations about "Otaniemi Best Practice Networking Model", articles in Excellent News Recognitions: PAXIS Best Practice Panel and Innovation Transfer Award in Stuttgart Forum Pertti Vuorela, Technopolis Ventures Ltd.

4 Otaniemi Networking Model Partnering to Create Global Success Stories Firm birth Development Expansion Speed-Up to Global Markets DISCOVERY INCUBATION ACCELERATION GLOBALIZATION Research Institutes, Technopolis Private Sector Incubators Pre-Incubator Development services and support: Technopolis Business Generators Centres of Expertise Evaluation Kick-off Coaching Financing Networking Growth Enhancement Partner network: Academia TE-Center TEKES SITRA VC firms HUT, VTT, EVTEK Service Providers Public-Private Partnering: Key to Hi-Tech Job Creation Technopolis Ventures

5 InnoTULI Business Evaluation Otaniemi InnoTULI Business Evaluation: Discovery and evaluation of business ideas to help commercialisation of research results & innovations OBJECTIVE PROCESS ACTORS and TARGET GROUPS TRANSFER DELIVERY MECHANISM and REQUIR. RESOURCES SWOT CRITICAL SUCCESS FACTORS MEASUREMENT OF SUCCESS SUCCESS STORIES Business Exploitation of Research Results Discovery and evaluation of new potential ideas, research based innovations and business concepts Evaluation of the potential of the business concept Helping to find right actions towards commercialisation InnoTULI TEKES financed private - public cooperation consortium is operating in the earliest phase discovering the most promising ideas & start-ups, evaluating and providing small grants funding of critical tasks, studies or development The main steps are activating, screening, evaluation, selection, project study by consultant, reporting and follow-up InnoTULI actors in Otaniemi - Helsinki Region are Technopolis Ventures / Otaniemi Science Park Researchers, entrepreneurs TEKES, Finnish Technology Agency Helsinki University of Technology (HUT) VTT Technical Research Centre of Finland KCL, Central Laboratory Foundation for Finnish Inventors TARGET GROUPS researchers innovators entrepreneurs having new potential ideas & business concepts TRANSFERABILITY Experiences from the pilot transfer are that evaluation tools are easy to transfer, methodology and networking way of operation needs analysis and implementation to regional structures. The transferability is piloted between Helsinki Region and South Sweden into incubator and science park. TRANSFER DELIVERY MECHANISM Transfer has been piloted in HIGHEST network through workshops, visits and implementation support The process is well documented but needs local testing and adaptation into regional environment. Strengths Weaknesses A Proven Concept for commercialization of knowledge-based innovations, good track record of results o Tool for co-operation between universities, research institutes and science parks o good example of private public partnership o efficient tool in generating new companies Researchers porr business knowledge Researchers may not have ability or willingnes to invest enough resources (time or money) o Efficient operation and good numbers need financing - public money is needed Set-up, quality and operation of network o Clearly defined and proven concept o Experienced Team & People ability for networking o Matching high tech selection criterias to business development o Concrete help for inventors o Reliable evaluation and proposed actions Deal Flow measurement o Performance indicators o Number of companies set-up o Follow-up of cases and satisfaction survey responses o Separate study: The Success of InnoTULI cases Opportunities Threats Transfer Adding Universities social Changes in public benefits financing o possible to extend concept to other institutes and areas THE OTANIEMI INNOTULI BUSINESS EVALUATION per annum 160 ideas registered o 80 ideas evaluated and 25 companies set-up 2004 o Positive satisfaction statements, e.g.; Codeonline, Loginets, Variantum o Study: 60% cases with high potential The transfer of Otaniemi concept is on-going between Technopolis Ventures, Helsinki Region and SydSam & Malmö incubator and Kalmar science park, South Sweden. Otaniemi, SydSam and the HIGHEST network has transferred, piloted and implemented Otaniemi Best practice Experience to South Sweden, analysed HIGHEST regions status and needs, exchanged results of implementation and expanded Highest conclusions to PAXIS level REQUIRED RESOURCES Team including project manager and contact persons in Universities, Research Institutes and Organisations Financing for grant to idea development (max euros per case) CONTACTS: Owner in Helsinki Region: Technopolis Ventures Ltd. ( Contact persons: Pertti Vuorela and Erik Furu Users: South Sweden, SydSam, Lars Malmborg Berlin, Wista Management ( Helge Neumann Torino, I3P incubator, Gianni Guerra DELIVERABLES, PUBLISHED ARTICLES and MATERIAL: Flyer: green flyer "Business Exploitation of Research Results - InnoTULI Business Evaluation Presentations: best_practices_in_business_exploitation.ppt (Pertti Vuorela) Studies: InnoTULI Success Study (through Pertti Vuorela) Recognitions: PAXIS Best Practice Panel and Innovation Transfer Award in Stuttgart Forum 2004 Research Institutes HUT VTT KCL GTK CSC Contact persons Activating TULI - Ideas Screening Pre - study QUICK SCAN 1.Ideas registered Process Decide service and consult 2. Evaluation 4.Suggest project 3. Decision to proceed Consultant study TULI - Projects 5.Report & next step New Business start ups joint ven ture licensing sales 6. Further development by Network DISSEMINATION: HIGHEST Workshops: Berlin & South Sweden 2003 Otaniemi 2004 Presentations: Otaniemi Zurich 2004 Sophia Antipolis 05 START & HIGHEST ws Copenhagen 2005 Pertti Vuorela, Technopolis Ventures Ltd.

6 Otaniemi Good Practice InnoTULI Business Evaluation Bridging Innovation and Business Pertti Vuorela, Technopolis Ventures Ltd.

7 Incubation Expertise Technopolis Ventures Incubator Process 0 6 months months months Discovery Pre-Incubation Early Incubation Late Incubation FAST TRACK Feasibility Studies Traffic Light FAST TRACK Pre- Incubation and Kick-off Services Business Development Road-map Incubation Services Growth Preparation Services Pre-Incubation Contract Incubation Contract Evaluation Business Plan Business Ramp-Up Toward Growth Track Assessment of business idea feasibility Start-up planning and preparation Creation of a solid business platform for business growth Preparation for acceleration and internationalization Technopolis Ventures

8 Incubation - Products Technopolis Ventures Incubator Services Discovery Pre-Incubation Early Incubation Late Incubation Traffic Light Feasibility Studies QuickScan Kick-Off Services BodyGuard Advisory Services Godfather Mentoring Services Toolkit Business Tools Access Networking Services MoneyTalks Financial Services Spinno Action Learning Management Training Start-Up Spinno Growth Spinno Born Global HelpDesk 3rd Party Business Services Incuflex Flexible Office Space Solutions Technopolis Ventures

9 The Art of Entrepreneurship Otaniemi Key Incubation Figures Technopolis Ventures Business idea reviews (round 1) Deep Scans (round 2) Research-based start-ups Total new hi-tech start-ups Total incubator companies Total incubator tenants Post-Incubation Survival Rate: 86% Average 3-5 jobs/start-up Average Growth Rate 50% High-Tech Start-Ups Are On The Rise Technopolis Ventures

10 Euro-Office Network Opening Markets for Companies Euro-Office services 8 Access to markets via leading Science Parks and Incubators 8 Working space in business environment 8 Flexible services 8 Contacts for testing European operation & location in Incubator Otaniemi offers visitors 8 European leading R&D environment - Mobile & wireless - ICT & Microsystems - Paper technology High-Tech firms 8 Service concept for innovative high-tech companies Next Step: Global Soft Landing, Coaching & Contacts

11 Thank You! Technopolis Ventures Ltd, Tekniikantie 21, FIN Espoo, Finland Tel Pertti Vuorela Project Director More information: Technopolis Ventures; Otaniemi; Technopolis Ventures is representing Helsinki Region in the European PAXIS initiative

TECHNOPOLIS. Science & Technology Park (STP) Value Added Business Environments For Hi-tech Since 1982. Julia Fomina, Advisor, Technopolis Consulting

TECHNOPOLIS. Science & Technology Park (STP) Value Added Business Environments For Hi-tech Since 1982. Julia Fomina, Advisor, Technopolis Consulting Technopolis Vantaa Technopolis Innopoli Technopolis Vantaa Science & Technology Park (STP) TECHNOPOLIS Value Added Business Environments For Hi-tech Since 1982 Julia Fomina, Advisor, Technopolis Consulting

More information

Helsinki-Uusimaa Region EER 2012

Helsinki-Uusimaa Region EER 2012 Helsinki-Uusimaa Region EER 2012 Pertti Vuorela Culminatum Innovation Helsinki-Uusimaa Region Helsinki-Uusimaa Region Entrepreneurial Environment Making the most of the Single Market: an opportunity for

More information

Model of cooperation between a technology park and strategic tenant on the example of

Model of cooperation between a technology park and strategic tenant on the example of Model of cooperation between a technology park and strategic tenant on the example of Technopolis Technopolis group today is Biggest STP in Europe Unique concept 18 campuses under one chain OULU KUOPIO

More information

Helsinki Region Competitiveness D evelopment Development Presentation @ Otaniemi 8.9.2009 Culminatum Innovation Pertti Vuorela

Helsinki Region Competitiveness D evelopment Development Presentation @ Otaniemi 8.9.2009 Culminatum Innovation Pertti Vuorela Helsinki Region Competitiveness Development Presentation @ Otaniemi 8.9.2009 Culminatum Innovation Culminatum Innovation Pertti Vuorela Otaniemi: Innovation Business Quality of Life Otaniemi Business s

More information

arly Stage Financing in European Regions: Selected Best Practices - Bratislava, 15 July 2004 -

arly Stage Financing in European Regions: Selected Best Practices - Bratislava, 15 July 2004 - arly Stage Financing in European Regions: Selected Best Practices - Bratislava, 15 July 2004 - Dr. Rolf Reiner, SPRING Thematic Network Stuttgart Region Economic Development Corporation ntent PAXIS X-network

More information

HealthBIO in Helsinki Region 2008 BioSA Workshops in South Africa, 31.3 2.4.2008

HealthBIO in Helsinki Region 2008 BioSA Workshops in South Africa, 31.3 2.4.2008 HealthBIO in Helsinki Region 2008 BioSA Workshops in South Africa, 31.3 2.4.2008 Riikka Paasikivi Program Director Culminatum Ltd Oy Helsinki, Finland Helsinki Region Over 1.2 million inhabitants (population

More information

BUSINESS INCUBATOR PROCESS: A POLICY TOOL FOR ENTREPRENEURSHIP AND ENTERPRISE DEVELOPMENT IN A KNOWLEDGE BASED ECONOMY

BUSINESS INCUBATOR PROCESS: A POLICY TOOL FOR ENTREPRENEURSHIP AND ENTERPRISE DEVELOPMENT IN A KNOWLEDGE BASED ECONOMY BUSINESS INCUBATOR PROCESS: A POLICY TOOL FOR ENTREPRENEURSHIP AND ENTERPRISE DEVELOPMENT IN A KNOWLEDGE BASED ECONOMY Arthur Bayhan Chief Executive Officer Competitiveness Support Fund This paper has

More information

Finnish Experiences in Technology Foresight

Finnish Experiences in Technology Foresight The Third Generation Foresight and Prioritization in Science and Technology Policy 27.-28 February 2003, Japan Finnish Experiences in Technology Foresight Eija Ahola, Tekes Technology foresight within

More information

The leading Cleantechtechnology centreof the Nordic countries

The leading Cleantechtechnology centreof the Nordic countries Lahti Science and Business Park Ltd The leading Cleantechtechnology centreof the Nordic countries We speed up Finnish companies to grow and to internationalize. We are developing the Lahti region into

More information

EIT ICT Labs The ICT Innovation Catalyst for Europe

EIT ICT Labs The ICT Innovation Catalyst for Europe Start-Chart EIT ICT Labs The ICT Innovation Catalyst for Europe Prof. Dr. Willem Jonker CEO willem.jonker@ictlabs.eu EIT ICT Labs mission is to turn Europe into a global leader in ICT Innovation Breed

More information

Business services at TKK

Business services at TKK Business services at TKK Tuomas Mennola, D.Sc.(Tech.) Helsinki University of Technology Otaniemi International Innovation Center www.tkk.fi www.otaniemi.fi tuomas.mennola@tkk.fi Copyright TKK/OIIC 1 Outline

More information

Small and Medium-Sized Enterprises

Small and Medium-Sized Enterprises Kari Sipilä Small and Medium-Sized Enterprises D.Sc. (Techn.) h.c. and Intellectual Property Executive Director Brasov, Romania Foundation for Finnish Inventions May 14-15, 2002 Espoo, Finland INNOVATION

More information

Infrastructure, Policy and Innovation

Infrastructure, Policy and Innovation Infrastructure, Policy and Innovation ISRN Policy Day, Halifax, April 29, 2009 Douglas Robertson, Director, Innovation Policy Atlantic Canada Opportunities Agency D Doug Framing the Question Key considerations

More information

Dublin Business Innovation Centre

Dublin Business Innovation Centre Dublin Business Innovation Centre Client Assistance Programme for Early Stage Business Start-Ups and Developing Businesses The following services are provided to selected earlystage business start-ups

More information

INVENTORY OF GOOD PRACTICES ON OPEN INNOVATION Business Angels Region Stuttgart

INVENTORY OF GOOD PRACTICES ON OPEN INNOVATION Business Angels Region Stuttgart INVENTORY OF GOOD PRACTICES ON OPEN INNOVATION Business Angels Region Stuttgart Stuttgart Region, Germany Table of contents 1. Good Practice Profile... 3 2. Good Practice General Description... 6 3. Good

More information

Support for Standardization in FoF projects

Support for Standardization in FoF projects Support for Standardization in FoF projects Experience with the Support for Standardization in FoF projects Standardization can help maximize compatibility, repeatability, interoperability, safety or quality.

More information

Case Studies in Design Policy & Programmes

Case Studies in Design Policy & Programmes Case Studies in Design Policy & Programmes This case study was developed as part of the SEE project. SEE is a network of eleven European partners sharing experience and stimulating debate on how to integrate

More information

Orientation to Finnish Innovation System. Best Practices

Orientation to Finnish Innovation System. Best Practices Orientation to Finnish Innovation System Best Practices Creative thinking => Idea Concrete idea => Invention In society widely utilized invention IS an INNOVATION Source TEKEL Commercially In society In

More information

TECHNOPOLIS. The Art of Innovation Ecosystems

TECHNOPOLIS. The Art of Innovation Ecosystems TECHNOPOLIS The Art of Innovation Ecosystems OULU JYVÄSKYLÄ KUOPIO LAPPEENRANTA TAMPERE ST. PETERSBURG GREATER HELSINKI Only STP Chain in Europe Hi-tech customer service specialist Fast growth, strong

More information

Government financing for innovative enterprises Policy mix and changes over time lessons learned

Government financing for innovative enterprises Policy mix and changes over time lessons learned Government financing for innovative enterprises Policy mix and changes over time lessons learned Pertti Valtonen, Counsellor Ministry of Employment and the Economy, Finland International Conference, Entrepreneurship

More information

Public-private investment instruments of NCRD. The BRIdge programs

Public-private investment instruments of NCRD. The BRIdge programs Public-private investment instruments of NCRD The BRIdge programs NCRD OVERVIEW Overview Poland s National Centre for Research and Development ( NCRD ) is an executive agency of Poland s Minister of Science

More information

Impact of Business Incubation in the US Lessons for Developing Countries. 2009, NBIA. All rights reserved.

Impact of Business Incubation in the US Lessons for Developing Countries. 2009, NBIA. All rights reserved. Impact of Business Incubation in the US Lessons for Developing Countries What is Business Incubation? Five key components of business incubation A business incubation program works with new companies screens

More information

STARTUP EUROPE Web Entrepreneurs

STARTUP EUROPE Web Entrepreneurs STARTUP EUROPE Web Entrepreneurs Summary: Active Contracts (ONGOING) TechAllStars Europioneers EurApp App Economy Study Accelerators Assembly Network Crowdfunding Network VCs related to the web DAA2012

More information

Future Internet Public-Private Partnership Call 3 (Objectives 1.8-1.9) European Commission Communications Networks, Content and Technology DG

Future Internet Public-Private Partnership Call 3 (Objectives 1.8-1.9) European Commission Communications Networks, Content and Technology DG Future Internet Public-Private Partnership Call 3 (Objectives 1.8-1.9) European Commission Communications Networks, Content and Technology DG FI-PPP Leadership beyond R&D ICT applications research Application

More information

Copyright Helsinki Business and Science Park Ltd, HBSP. All rights reserved. Antti Sekki Business Development Director

Copyright Helsinki Business and Science Park Ltd, HBSP. All rights reserved. Antti Sekki Business Development Director Antti Sekki Business Development Director Helsinki Business and Science Park Ltd HBSP Facts Ownership of HBSP Established 1992 full-time activity 1996 Facilities (Viikki and Meilahti) total 17 000 m2 15

More information

global Benchmark 15/16 report Top UniversitY Business Incubators EXECUTIVE SUMMARY UBI GLOBAL

global Benchmark 15/16 report Top UniversitY Business Incubators EXECUTIVE SUMMARY UBI GLOBAL global Benchmark 15/16 report Top UniversitY Business Incubators EXECUTIVE SUMMARY UBI GLOBAL 2 TABLE OF CONTENTS 1 EXECUTIVE SUMMARY... 3 2 TABLE OF CONTENTS... 4 3 DEFINITIONS AND METHODOLOGY... 6 01

More information

TOP UNIVERSITY BUSINESS INCUBATORS GLOBAL BENCHMARK 2015/16

TOP UNIVERSITY BUSINESS INCUBATORS GLOBAL BENCHMARK 2015/16 TOP UNIVERSITY BUSINESS INCUBATORS GLOBAL BENCHMARK 2015/16 Definitions & Methodology Definition Difference Between Ranking And Benchmarking Ranking Methodology Benchmarking Categories Sample & Landscape

More information

Ignite Ideas Accelerator Program Expression of Interest

Ignite Ideas Accelerator Program Expression of Interest Ignite Ideas Accelerator Program Expression of Interest You are invited to submit your interest to deliver an industry focused accelerator program for the Advance Queensland Ignite Ideas program. This

More information

ELEFTHO : Supporting Business Incubators & technology parks.

ELEFTHO : Supporting Business Incubators & technology parks. ELEFTHO : Supporting Business Incubators & technology parks. Region of Central Macedonia Task Page 1 of 14 Contents Description of policy... 3 Name of the policy... 3 Responsible body... 3 Implementation

More information

Aalto Entrepreneurial Ecosystem. 10.9.2013 LES Conference, Copenhagen Tapio Siik, Head of Aalto Center for Entrepreneurship

Aalto Entrepreneurial Ecosystem. 10.9.2013 LES Conference, Copenhagen Tapio Siik, Head of Aalto Center for Entrepreneurship Aalto Entrepreneurial Ecosystem 10.9.2013 LES Conference, Copenhagen Tapio Siik, Head of Aalto Center for Entrepreneurship ZenRobotics Trailer ZenRobotics Ltd., founded in 2007, is a Finnish high-tech

More information

I TECH-OFF INFORMATION TECHNOLOGY SPIN-OFF. Giulio Giunti P. 1. Giulio Giunti, 5th February 2008

I TECH-OFF INFORMATION TECHNOLOGY SPIN-OFF. Giulio Giunti P. 1. Giulio Giunti, 5th February 2008 I TECH-OFF INFORMATION TECHNOLOGY SPIN-OFF Giulio Giunti P. 1 Contents Definition of incubator & incubation General information on I TECH-OFF Phases and selection process Services Candidate identikit Results

More information

Aalto University, Finland Promoting Academic Entrepreneurship and Supporting Innovative Startups! Marika Paakkala 22.10.

Aalto University, Finland Promoting Academic Entrepreneurship and Supporting Innovative Startups! Marika Paakkala 22.10. Aalto University, Finland Promoting Academic Entrepreneurship and Supporting Innovative Startups! Marika Paakkala 22.10.2014 San Sebastian In Finland 2010: Three leading universities in their own fields

More information

Business Incubation for Growth, BIG: A new national incubator program

Business Incubation for Growth, BIG: A new national incubator program Business Incubation for Growth, BIG: A new national incubator program Workshop on Innovation Policy in the Recession Birkbeck, London, 15 October 2012 Åsa Lindholm Dahlstrand CIRCLE Lund University, Sweden

More information

Technology Transfer: Policy and Strategy Best Practice in Innovation from Finland

Technology Transfer: Policy and Strategy Best Practice in Innovation from Finland Technology Transfer: Policy and Strategy Best Practice in Innovation from Finland Main building of TKK designed by Alvar Aalto VEIJO ILMAVIRTA, PhD, Director Helsinki University of Technology (TKK), Finland

More information

BENCHMARKING OF BUSINESS INCUBATORS. in the Republic of Moldova. Aurelia Braguta

BENCHMARKING OF BUSINESS INCUBATORS. in the Republic of Moldova. Aurelia Braguta BENCHMARKING OF BUSINESS INCUBATORS in the Republic of Moldova by Aurelia Braguta BENCHMARKING OF BUSINESS INCUBATORS in the Republic of Moldova 1. Does a business incubator need to have a business plan

More information

Preconditions for the success of regions in Finland

Preconditions for the success of regions in Finland The role of innovation policies in regional development the Finnish case Innovations generate regional vitality Knowledge, specialisation and networking determine succes in international competition Dr

More information

SME support under Horizon 2020 how to make it work

SME support under Horizon 2020 how to make it work SME support under Horizon 2020 how to make it work Olivier Brunet Unit Regional dimension of innovation Directorate General Research &Innovation European Commission The Multiannual Financial Framework

More information

Orientation to Finnish Innovation System. Best Practices

Orientation to Finnish Innovation System. Best Practices Orientation to Finnish Innovation System Best Practices Finland Population 5.3 Million Area 131.000 sq.miles, of which 10% is water, forests cover 68% of the country Female president Tarja Halonen, 38%

More information

Novel Model to Foster Technology Base Entrepreneurship through the Doctorate Spinoff Program

Novel Model to Foster Technology Base Entrepreneurship through the Doctorate Spinoff Program Novel Model to Foster Technology Base Entrepreneurship through the Doctorate Spinoff Program Nancy Aceves, Oscar Martínez, Andrea Siller, Adriana Torres ITESM Instituto Tecnológico de Estudios Superiores

More information

1_ The Italian Startup Ecosystem: "Who s Who" 2_ Investments in hi-tech startups in Italy. 3_ A selection of significant startups

1_ The Italian Startup Ecosystem: Who s Who 2_ Investments in hi-tech startups in Italy. 3_ A selection of significant startups 1_ The Italian Startup Ecosystem: "Who s Who" 2_ Investments in hi-tech startups in Italy 3_ A selection of significant startups The Italian Startup Ecosystem The players Funded Startups Innovative Startups

More information

Role and impact of TEKES

Role and impact of TEKES Role and impact of TEKES Presentation at the presentation of the final report on the evaluation of Tekes Helsinki, 6 June 2012 Geert van derveen (Technopolis Group) Mission of Tekes Tekes promotes the

More information

International Workshop on Technology Based Entrepreneurship

International Workshop on Technology Based Entrepreneurship International Workshop on Technology Based Entrepreneurship 27-28 October 2015 Tehran, I.R. Iran Core elements of infrastructure and support mechanisms for technology-based entrepreneurship Satyabrata

More information

INVENTORY OF GOOD PRACTICES ON OPEN INNOVATION Aalto Design Factory. Helsinki, Finland

INVENTORY OF GOOD PRACTICES ON OPEN INNOVATION Aalto Design Factory. Helsinki, Finland INVENTORY OF GOOD PRACTICES ON OPEN INNOVATION Aalto Design Factory Helsinki, Finland Table of contents 1. Good Practice Profile... 3 2. Good Practice General Description... 7 3. Good Practice Analysis...

More information

Terms of Reference: Consultant Firm Business Plan for regional Mobile Applications Laboratories

Terms of Reference: Consultant Firm Business Plan for regional Mobile Applications Laboratories Terms of Reference: Consultant Firm Business Plan for regional Mobile Applications Laboratories infodev, a donor funded agency hosted by the World Bank, intends to invite a consultant firm to help in developing

More information

VTT as an Innovation Partner. Petri Kalliokoski EVP, Strategy and Business Development

VTT as an Innovation Partner. Petri Kalliokoski EVP, Strategy and Business Development VTT as an Innovation Partner Petri Kalliokoski EVP, Strategy and Business Development 2 Agenda 18.1.2012 9:00 Welcome, VTT as an Innovation Partner/Petri Kalliokoski, Executive Vice President 9:30 Experiences

More information

What is the Global Innovation Platform. Challenge Driven Innovation

What is the Global Innovation Platform. Challenge Driven Innovation What is the Global Innovation Platform Global Innovation Platform (GIP) is the eco-system booster for challenge driven innovation, tailor-made for cities, regions and companies. By integrating an innovative

More information

Chapter 6. Financing of innovative entrepreneurs

Chapter 6. Financing of innovative entrepreneurs Chapter 6. Financing of innovative entrepreneurs Ukraine has entrepreneurial talent and a relatively strong risk-taking attitude. These are major ingredients for any policy intervention seeking to promote

More information

Creating knowledge markets for diffusion With bridging institutions that link entrepreneurship and finance with local research institutions

Creating knowledge markets for diffusion With bridging institutions that link entrepreneurship and finance with local research institutions The geography of innovation and policy design Session 5: Should countries pursue policies at the sub-national level? Creating knowledge markets for diffusion With bridging institutions that link entrepreneurship

More information

CENTRAL FINLAND. Innovation development track

CENTRAL FINLAND. Innovation development track CENTRAL FINLAND Innovation development track 1 Authors of the publication Kirsi Knuuttila, JAMK University of Applied Sciences Petri Jetsu and Janne Keränen, VTT Technical Research Centre of Finland Esa

More information

: CENTRAL EUROPEAN EXPERTS IN KNOWLEDGE MANAGEMENT

: CENTRAL EUROPEAN EXPERTS IN KNOWLEDGE MANAGEMENT : CENTRAL EUROPEAN EXPERTS IN KNOWLEDGE MANAGEMENT March 2014 We have been instrumental in Slovakia s efforts to build knowledgebased economy 2015-2020 Science parks 2008-2012 2009-2012 2011-2015 Larger

More information

Cluster policies. Target and purpose

Cluster policies. Target and purpose OECD Innovation Policy Platform /policyplatform Cluster policies Policies to support clusters, generally understood to be geographic concentrations of inter-connected firms and related actors (specialised

More information

ITEM 20. SPONSORSHIP - PIIVOT - SYDNEY'S DIGITAL CREATIVE KNOWLEDGE HUB FOR SYDNEY STARTUP WEEK - AWARENESS RAISING AND KNOWLEDGE SHARING EVENTS

ITEM 20. SPONSORSHIP - PIIVOT - SYDNEY'S DIGITAL CREATIVE KNOWLEDGE HUB FOR SYDNEY STARTUP WEEK - AWARENESS RAISING AND KNOWLEDGE SHARING EVENTS ITEM 20. SPONSORSHIP - PIIVOT - SYDNEY'S DIGITAL CREATIVE KNOWLEDGE HUB FOR SYDNEY STARTUP WEEK - AWARENESS RAISING AND FILE NO: S119728 On 9 December 2013, Council adopted the Economic Development Strategy

More information

HM Treasury Taskforce

HM Treasury Taskforce HM Treasury Taskforce Implementing Baker: Developing the Bridge between Public Sector Science and the Market 31 May 2000 Prepared for: HM Treasury Taskforce Prepared by: Sally Hayward Science, Technology

More information

1. Introduction to Finnish innovation infrastructure

1. Introduction to Finnish innovation infrastructure 1 1. Introduction to Finnish innovation infrastructure 2. Tampere: Structural change from traditional industry to knowledge intensity 2.1. Courageous political investment decisions in infrastructure 2.2.

More information

Entrepreneurship. Entrepreneurship. Innovative. Innovative. Enabling successful enterprise through practical training and development

Entrepreneurship. Entrepreneurship. Innovative. Innovative. Enabling successful enterprise through practical training and development Innovative Enabling successful enterprise through practical training and development Innovative Enabling successful enterprise through practical training and development Enabling Successful Enterprise

More information

Otaniemi International Innovation Centre (OIIC) Innovation Support Activities

Otaniemi International Innovation Centre (OIIC) Innovation Support Activities Otaniemi International Innovation Centre (OIIC) Innovation Support Activities Krisztina Cziner, Dr. Otaniemi International Innovation Centre Helsinki University of Technology 07.09.2009 TEACHING AND RESEARCH

More information

Project Management. Dissemination and Exploitation Services in Horizon 2020

Project Management. Dissemination and Exploitation Services in Horizon 2020 Project Management Dissemination and Exploitation Services in Horizon 2020 Ontwerp: Studio Edwin de Boer 2 Project Management Dissemination and Exploitation Services in Horizon 2020 ttopstart - Project

More information

Russia USA Science to Innovations Accelerator (RUSSIA) Business Development and Training Program a at Arizona State University

Russia USA Science to Innovations Accelerator (RUSSIA) Business Development and Training Program a at Arizona State University Russia USA Science to Innovations Accelerator (RUSSIA) Business Development and Training Program a at Arizona & Greater Phoenix 2 nd fastest population growth in US AZ population 65 million Phoenix 5th

More information

Monitoring and assessment tools 24 April 2014

Monitoring and assessment tools 24 April 2014 www.pwc.com Monitoring and assessment tools 24 April 2014 Agenda Section Page 1 The PACA Region in a nutshell 1 2 The Regional Innovation Observatory : the origins 4 The Regional Innovation Observatory

More information

SPoW Science Parks of Wallonia network. Fabienne HOCQUET, Sao Paulo, 1/10/13

SPoW Science Parks of Wallonia network. Fabienne HOCQUET, Sao Paulo, 1/10/13 SPoW Science Parks of Wallonia network Fabienne HOCQUET, Sao Paulo, 1/10/13 Science and Technological Parks (STP) General specificities (worldwide) STP Industrial park Industry Research Innovation services

More information

VTT Technical Research Centre of Finland 2010

VTT Technical Research Centre of Finland 2010 VTT Technical Research Centre of Finland 2010 02/04/2010 2 GDP share of R&D expenditure in Finland % 3 3.43 3.45 3.48 3.45 3.47 3.72 3.92 2.1 1990 1998 2003 2004 2005 2006 2007 2008 2009 Source: Statistics

More information

How to set up a successful university startup incubator

How to set up a successful university startup incubator How to set up a successful university startup incubator November 2014 Company Proven infactories the US as a model for nurturing young companies, start-up incubators are now thriving in Europe. But is

More information

How to set up a successful university startup incubator

How to set up a successful university startup incubator How to set up a successful university startup incubator October 2014 Company Proven infactories the US as a model for nurturing young companies, start-up incubators are now thriving in Europe. But is there

More information

European Cluster Excellence Scoreboard

European Cluster Excellence Scoreboard European Cluster Observatory European Cluster Excellence Scoreboard Pilot Version September 0 Enterprise and Industry The views expressed in this report, as well as the information included in it, do not

More information

Guide to Public and Private Funding

Guide to Public and Private Funding Guide to Public and Private Funding Introduction to public and private funding Key Public Funding Opportunities Key Private Funding Opportunities Which funding opportunity is right for my business? Do

More information

WELCOME TO THE FIRST EU-XCEL NEWSLETTER

WELCOME TO THE FIRST EU-XCEL NEWSLETTER WELCOME TO THE FIRST EU-XCEL NEWSLETTER The EU-XCEL team have been exceptionally busy since the launch of the project in January 2015. The pace of activity and level of interest from young tech entrepreneurs

More information

Promoting hi-tech entrepreneurship through university -based technology incubatorssome thoughts coming from experience

Promoting hi-tech entrepreneurship through university -based technology incubatorssome thoughts coming from experience Trade and Development Board Investment, Enterprise and Development Commission Multi-year expert meeting on enterprise development policies and capacity-building in science, technology and innovation Geneva,

More information

Witty City Smart city programme 5/2013 Virpi Mikkonen

Witty City Smart city programme 5/2013 Virpi Mikkonen Witty City Smart city programme 5/2013 Virpi Mikkonen Expertise and networks for innovations Tekes Finnish Funding Agency for Technology and Innovation The main public funding and expert organisation for

More information

BSSSC Annual Conference 2008 Kaunas, 18 September 2008

BSSSC Annual Conference 2008 Kaunas, 18 September 2008 BSSSC Annual Conference 2008 Kaunas, 18 September 2008 Parallel session 1: Stimulating innovation by using diversity and cooperation cross borders as building blocks Mr. Esa Kokkonen, The Baltic Institute

More information

C-I Factor. Bringing creative businesses together with investment. Appointment of Creative Industries Access to Finance Advisory Board Members

C-I Factor. Bringing creative businesses together with investment. Appointment of Creative Industries Access to Finance Advisory Board Members C-I Factor Bringing creative businesses together with investment Appointment of Creative Industries Access to Finance Advisory Board Members 1 C-I Factor: Seeking Appointment of Creative Industries Access

More information

Technopolis Plc. Q3 Review

Technopolis Plc. Q3 Review Technopolis Plc Q3 Review Technopolis Group OULU KUOPIO JYVÄSKYLÄ LAPPEENRANTA TAMPERE PIETARI CAPITAL CITY AREA Specializing in business environments for high-tech companies The only STP chain in Europe

More information

THE ITALIAN STARTUP AGENDA

THE ITALIAN STARTUP AGENDA THE ITALIAN STARTUP AGENDA POLICIES AND STRATEGIES FOR STARTUPS STEFANO FIRPO ITALIAN MINISTRY OF ECONOMIC DEVELOPMENT, HEAD OF THE MINISTER S TECHNICAL SECRETARIAT LAST UPDATE: 10 FEBRUARY 2015 #RESTARTITALIA

More information

Tekes and the Finnish innovation ecosystem. Raine Hermans, Adj. Prof. Head of Strategic Programs

Tekes and the Finnish innovation ecosystem. Raine Hermans, Adj. Prof. Head of Strategic Programs Tekes and the Finnish innovation ecosystem Raine Hermans, Adj. Prof. Head of Strategic Programs Public sector activities of R&D in Finland PARLIAMENT Research and Innovation Council Ministry of Education

More information

Tekes. Success through cooperation. the Finnish Funding Agency for Technology and Innovation. Promoting Finnish-Indian collaboration

Tekes. Success through cooperation. the Finnish Funding Agency for Technology and Innovation. Promoting Finnish-Indian collaboration Tekes the Finnish Funding Agency for Technology and Innovation Success through cooperation Promoting Finnish-Indian collaboration Tallinn 21 September 2011 Auli Pere Chief Adviser Tekes Contents Tekes

More information

Business from Research Innovation at VTT

Business from Research Innovation at VTT Business from Research Innovation at VTT Vesi-ohjelman vuosiseminaari, 22.11.2011 Timo Pulli, Business Development Manager timo.pulli@vtt.fi, +358 40 720 7152 VTT Technical Research Centre of Finland 2

More information

Finland must take a leap towards new innovations

Finland must take a leap towards new innovations Finland must take a leap towards new innovations Innovation Policy Guidelines up to 2015 Summary Finland must take a leap towards new innovations Innovation Policy Guidelines up to 2015 Summary 3 Foreword

More information

Virtual Pre-Incubator Accelerator II

Virtual Pre-Incubator Accelerator II Virtual Pre-Incubator Accelerator II LLP-LdV-ToI-08-CY-167808 1 Projektinformationen Titel: Projektnummer: Projekttyp: Jahr: 2008 Status: Marketing Text: Virtual Pre-Incubator Accelerator II LLP-LdV-ToI-08-CY-167808

More information

The University of Texas at Austin - Portugal An international partnership in graduate education, research, and technology commercialization

The University of Texas at Austin - Portugal An international partnership in graduate education, research, and technology commercialization The University of Texas at Austin - Portugal An international partnership in graduate education, research, and technology commercialization Technical Appendix to the Memorandum of Understanding toward

More information

D2.1 Report on mapping the ecosystem

D2.1 Report on mapping the ecosystem 1 D2.1 Report on mapping the ecosystem 2 Project no. 644367 Project acronym: MY WAY Project title: Strengthening the web entrepreneurship ecosystem and the services offered across the chain of actors by

More information

TECHNOLOGY INNOVATION & ENTREPRENEURSHIP CENTER (TIEC)

TECHNOLOGY INNOVATION & ENTREPRENEURSHIP CENTER (TIEC) TECHNOLOGY INNOVATION & ENTREPRENEURSHIP CENTER (TIEC) Egypt 1.0 Jan25 : an Investment Story!!! Egypt 2.0 Seed Capital on Jan 25 by Young Entrepreneurs (Youth rebels) Innovative (IT /SN Based FB + Twitter)

More information

Entrepreneurship at Trinity College. Bridget Noone Enterprise Executive

Entrepreneurship at Trinity College. Bridget Noone Enterprise Executive Entrepreneurship at Trinity College Bridget Noone Enterprise Executive Background to Entrepreneurship Development in TCD Recognition of need for more structured approach to creation of entrepreneurial

More information

EXPERIENCES OF LAHTI AND THE FINNISH CLEANTECH CLUSTER

EXPERIENCES OF LAHTI AND THE FINNISH CLEANTECH CLUSTER 3rd EU-Russia Innovation Forum - Lappeenranta Workshop 15.6.2012 How can public policies boost clusters of excellence through Smart Specialization Strategies? EXPERIENCES OF LAHTI AND THE FINNISH CLEANTECH

More information

Aalto University. Small Business Center. Arabus Business Incubator. www.start-upcenter.fi www.pienyrityskeskus.aalto.fi

Aalto University. Small Business Center. Arabus Business Incubator. www.start-upcenter.fi www.pienyrityskeskus.aalto.fi Aalto University Merging the three leading universities in Finland ACE Aalto Centre for Entrepreneurship Small Business Center Under the Aalto University School of Economics SME business education programmes

More information

p am June 3 Eng. George Mulamula Chief Executive Officer

p am June 3 Eng. George Mulamula Chief Executive Officer Moving fro m Micro to Stimulatin Small: g Innovatio n & Busine ss Growth Youth Entr epreneursh ip Worksho Dar es Sala p am June 3 & 4, 2014 Eng. George Mulamula Chief Executive Officer Presentation DTBi

More information

SUPPORT SYSTEMS FOR GREEN STARTUPS INCUBATORS AND STARTUP COMPETITIONS IN GERMANY DR. RALF WEIß, BORDERSTEP INSTITUTE FLENSBURG, MARCH 26TH 2014

SUPPORT SYSTEMS FOR GREEN STARTUPS INCUBATORS AND STARTUP COMPETITIONS IN GERMANY DR. RALF WEIß, BORDERSTEP INSTITUTE FLENSBURG, MARCH 26TH 2014 International Green Entrepreneurship Forum SUPPORT SYSTEMS FOR GREEN STARTUPS INCUBATORS AND STARTUP COMPETITIONS IN GERMANY DR. RALF WEIß, BORDERSTEP INSTITUTE FLENSBURG, MARCH 26TH 2014 An Initiative

More information

Collaborating For Competitiveness: Building Toronto's Incubation Network (Implementation Action #1)

Collaborating For Competitiveness: Building Toronto's Incubation Network (Implementation Action #1) STAFF REPORT ACTION REQUIRED Collaborating For Competitiveness: Building Toronto's Incubation Network (Implementation Action #1) Date: February 22, 2013 To: From: Wards: Economic Development Committee

More information

ENTREPRENEURSHIP, BUSINESS ANGELS, GRANTS AND GOVERNMENT FUNDS TO ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT

ENTREPRENEURSHIP, BUSINESS ANGELS, GRANTS AND GOVERNMENT FUNDS TO ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT EXECUTIVE PAPERS ENTREPRENEURSHIP, BUSINESS ANGELS, GRANTS AND GOVERNMENT FUNDS TO ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT PRUDENTE, JAIME Instituto de Apoio às Pequenas e Médias empresas e à Inovação

More information

Lighting+ Enhancing lighting with new functionalities and low cost connectivity

Lighting+ Enhancing lighting with new functionalities and low cost connectivity Lighting+ Enhancing lighting with new functionalities and low cost connectivity Click to edit Master title style Business model has changed due to the adoption of solid state lighting However the architecture

More information

How to organize. a guide to make it a success. How to run. How to involve an investor network? How to follow up the event? a Business Lounge?

How to organize. a guide to make it a success. How to run. How to involve an investor network? How to follow up the event? a Business Lounge? How to organize a Business Lounge? a guide to make it a success How to involve an investor network? How to run a Business Lounge? How to follow up the event? Create a Business Lounge at your local event

More information

The Technology Impact on Economic Development

The Technology Impact on Economic Development The Technology Impact on Economic Development How technology trends, innovation and globalization will affect traditional economic development agency business models The BIG technology trends Ubiquitous

More information

InnoEnterprise Project Declan Gordon Carroll

InnoEnterprise Project Declan Gordon Carroll InnoEnterprise Project Declan Gordon Carroll InnoEnterprise Project Support to knowledge based and innovative enterprises and technology transfer to business in Ukraine 1.Organising a conduit structure

More information

Entrepreneurship Education at different locations The case of Upper Austria

Entrepreneurship Education at different locations The case of Upper Austria Entrepreneurship Education at different locations The case of Upper Austria ESF-funded project FHB 2020 Mission: Entrepreneurial University Workshop, 5 th May 2014 University of Applied Science Brandenburg

More information

Survey results the re-employment of former Nokia employees. HRM Partners Ltd March 21, 2014

Survey results the re-employment of former Nokia employees. HRM Partners Ltd March 21, 2014 Survey results the re-employment of former Nokia employees HRM Partners Ltd March 21, 2014 Background information Nokia offered its employees impacted by the strategy change a Corporate Social Responsibility

More information

CYBERPARK ACCELERATOR PROGRAM

CYBERPARK ACCELERATOR PROGRAM CYBERPARK ACCELERATOR PROGRAM Increase your export capacity and growth Develop relations with partners and customers in USA Develop a future growth strategy Mentor support and guidance This Accelerator

More information

Silicon Valley s Competition Creating a Technopolis

Silicon Valley s Competition Creating a Technopolis Silicon Valley s Competition Creating a Technopolis Miroslaw Malek Humboldt-Universität zu Berlin Institut für Informatik malek@informatik.hu-berlin.de Silicon Hills, Austin, TX Silicon Hills, Austin,

More information

Innovation Strategy HELSINKI METROPOLITAN AREA HELSINKI REGIONAL INNOVATION STRATEGY 1

Innovation Strategy HELSINKI METROPOLITAN AREA HELSINKI REGIONAL INNOVATION STRATEGY 1 Innovation Strategy HELSINKI METROPOLITAN AREA HELSINKI REGIONAL INNOVATION STRATEGY 1 GREAT BRITAIN London NORWAY Oslo DENMARK Copenhagen Berlin GERMANY Stockholm SWEDEN POLAND FINLAND Helsinki Region

More information

INTERNATIONAL IMP³ROVE ROUNDTABLE: FOSTERING COHESION WITH INNOVATION. Düsseldorf, 25 November 2015 Christian SAUBLENS

INTERNATIONAL IMP³ROVE ROUNDTABLE: FOSTERING COHESION WITH INNOVATION. Düsseldorf, 25 November 2015 Christian SAUBLENS INTERNATIONAL IMP³ROVE ROUNDTABLE: FOSTERING COHESION WITH INNOVATION Düsseldorf, 25 November 2015 Christian SAUBLENS IN EUROPE, THE EU COMMISSION PROMOTES THE CONCEPT OF RESEARCH AND INNOVATION STRATEGIES

More information

StartUp RO-BG. Business innovation

StartUp RO-BG. Business innovation Business innovation StartUp RO BG objective StartUp RO BG will promote the sustainable cross border economical cooperation by creating the first network of innovative business incubators dedicated to young

More information

EVALUATION ON POLICY: PROMOTION OF WOMEN INNOVATORS AND ENTREPRENEURSHIP

EVALUATION ON POLICY: PROMOTION OF WOMEN INNOVATORS AND ENTREPRENEURSHIP EVALUATION ON POLICY: PROMOTION OF WOMEN INNOVATORS AND ENTREPRENEURSHIP DG ENTERPRISE AND INDUSTRY EUROPEAN COMMISSION Final Report submitted by the E E C (GHK, Technopolis) within the framework of ENTR/04/093-FC-Lot

More information

Marco Cantamessa Politecnico di Torino and I3P. HIGH-TECH ENTREPRENEURSHIP From theory to practice

Marco Cantamessa Politecnico di Torino and I3P. HIGH-TECH ENTREPRENEURSHIP From theory to practice Marco Cantamessa Politecnico di Torino and I3P HIGH-TECH ENTREPRENEURSHIP From theory to practice 1 What s the most important thing in a high-tech enterprise? 2 3 These people (entrepreneurs) have 1. Created

More information