YOLE Finance Corporate Finance & Advisory

Transcription

1 YOLE Finance Corporate Finance & Advisory From technology to industrial value Optimize EU funding to support your company s development Espace Hamelin - 17 rue de l Amiral Hamelin Paris France Tel : (33) Fax : (33)

2 Yole Finance a business unit of the Yole Group Yole Finance is the Corporate Finance & Advisory unit of the Yole Group. Yole Finance is advising customers to Capture core business value of emerging technologies Adjust their corporate finance requirements to their growth Optimize their technology and corporate assets against market changes. Typically, our services are used in the context of: Generating value for innovation Developing and Implementing Expansion strategies. 2

3 Overview of Yole Développement Yole Développement is a market research and strategy consulting company, founded in 1998 with headquarters in Lyon, France. Our fields of competences include: MEMS Microfluidics Compound Semiconductor (SiC, GaN, AlN, ZnO) LED & HB LED Power electronics Photovoltaic Advanced Packaging (3D IC, TSV, SoC, WLP) Image sensors Nanomaterials. 3

4 Yole Finance activities Expansion Generate value from innovation M&A (buy/sell side) Fundraising Coaching emerging companies with adapted financial supports and business development IP portfolio optimization Technology scouting Restructuring Turnaround Accompany organization in their commercialization Support to IP portfolio management: optimize value and investment Technology scouting: invest in the right technologies Due Diligences: optimize and lower risk of investments Create Leverage Optimize Restructure 4

5 Yole Finance added value M&A Fundraising Turnaround Yole has a recognized expertise and a close relationship with top industrial corporate executives. Our added value: - capture the best target - anticipate industrial and market trends IP management Technology scouting Due Diligences Yole has a unique ability: - to identify technological and manufacturing challenges to strenghten value creation in line with market demand - to translate them into financial forecasts Our competences are complemented by the globally renowned and unique industry, technological, market and industrialization expertise of the Yole Group. 5

6 The Yole Group Global Presence - Founded in Headquartered in Lyon (France) - 50 associates worldwide 6 offices worldwide Allendale Lyon Paris - Covering : MEMS, Microfluidics and MedTech, Advanced Packaging, Compound Semiconductors, Power Electronics, LEDs, and Photovoltaics. Yole Développement Tokyo Seoul Taipei Yole Finance Yole Media 6

7 Yole references Industrial Leaders R&D centres Financial Investors Create Leverage Optimize Restructure 7

8 Yole Finance Team Jean-Christophe Eloy, Managing Partner Founder and CEO of Yole Développement in years of experience in Semiconductor sector He holds an engineering degree from INPG and a master degree from EM Lyon Géraldine Andrieux-Gustin, Senior Partner [email protected] Marketing manager in the Life Science industry 15 years of experience in supporting innovative companies in implementing their growth strategies She holds master degrees from Paris VI and from EM Lyon, Géraldine is also COWIN coordinator Emmanuel Cohen-Laroque, Senior Partner [email protected] Emmanuel is a serial entrepreneur and former institutional investment fund director 20 years of experience in Innovation, Investment, Commercialization and IP transfer He holds a medical research postgrade from Geneva University and a degree in Innovation Management from EM Lyon Christophe Blanc, Associate [email protected] 8 years of experience in Automotive and Cleantechnology Christophe participated in fundraising and M&A transactions He holds an engineering degree from INSA Lyon and an MBA from HEC Paris Jérôme Mouly, Associate [email protected] 12 years of experience as a market analyst in the Micro-electronic sector He holds a master degree from Lyon 1 8 Jérôme is also COWIN partner

9 Funding FP7 programme 20 M 1 M Basic research Concept demonstration Prototype Market

10 COWIN to FP7 projects

11 COWIN

12 Funding Financing R&D to market 20 M Additional R&D? IP transfer? New Company? 1 M Multiple initiatives Basic research Concept demonstration Prototype Market

13 Many different opportunities A mapping of more than 150 initiatives and 330 clusters Private investors, VC s and corporate venture

14 From R&D to market IDEA Proof of concept Demonstrator Lab prototype Prototype Pilot production Customer validation MARKET Drive your development plan to successfully pass each milestone But in real life it is not so simple. COWIN

15 Managing the Volatility in the Technology s Life Cycle -> Not a linear process 15

16 Key issue for SMEs. COWIN

17 From technologies to market quite a long process Products 5 years 6 years 8 years Gyroscopes 19 years 9 years 5 years 8 years Accelerometers 22 years Pressure sensors 6 years Discover y 15 years 15 years Product evolution Cost reduction Full Commercialization 36 years COWIN

18 with development risk

19 Support action to encourage commercial exploitation of EU FP6 and FP7 research projects Operational support to bridge technologies to market First results: IP transfert New customers for SMEs and emerging companies New EU projects with validated business cases

20 COWIN for FP6/7 project partners Individual support A team of experts in smart systems working with technology leaders to support their innovation in its way to market Services and tools designed to fit with your needs Strong collaboration to make technology a real business case To meet and set-up collaboration with prospects and key partners To be ready to overcome main challenges and barriers for commercial exploitation To use at best the COWIN s promotion services

21 The key right process Understanding of market needs and trends Value chain Analysis of cost and expected benefits Ask the right questions

22 An alive process Concept Learn from the market Value chain Value chain Value chain Understanding market Your business case process Analysis Understanding of costmarket and benefits Your business case process Analysis of Understanding cost benefits market Your business case process Analysis of cost and benefits You and your team You and your team You and your team R&D to Create value Exploiting to Capture value Copyright Paul Millier EM Lyon

23 23 Identify right partners

24 For more information COWIN

25 Evolution of EU funding COWIN

26 KET - Reinforcing the Bridge Between Knowledge & Market KET: the European initiative for Technologies Integration & sustainable Smart Systems Industry to pass through Death Valley of Knowledge Market Knowledge Technology Research High Tech Clusters Smart Systems Industry Market Source of Pictures: The High Level Expert Group (HLG) on Key Enabling Technologies (KETs), final report to the European Commission, 28th June 2011

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30 Conclusion Eu funding especially FP7 is a good tool to support development of SME But it can difficult to manage, time and resources consuming Facilitating commercial exploitation is a strong focus of the EC It is a key target within Horizon 2020 For more information or interest, please contact us 30

31 From technology to industrial value Géraldine Andrieux Gustin Senior Partner Espace Hamelin - 17 rue de l Amiral Hamelin Paris France Tel : (33) Fax : (33)