Giordano Dichter is Content Adviser at The Business Incubator Magazine. He has 16 years of experience in the incubation industry supporting private sector development ecosystems in the Balkans and as a small business enterprise consultant. His presentation focuses on the European incubation industry and opportunities for US/EU business cooperation.
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
An overview of the incubation industry in Europe
1. An overview of the incubation industry in Europe
or…
…A practical way to get the information I need to decide whether to internationalize my company
in Europe or elsewhere…
Giordano Dichter
Head of Quality and Technical Assistance
European Business and Innovation Centre Network
Content advisor of “The Business IncubatoR Magazine”
iCANny Entrepreneurs Breakfast
White Plains, NY
March 13, 2013
2. • What is it that I
should know
about Europe?
What exactly is
Europe?
• Who can help
me in Europe?
Incubators
Accelerators
Networks
• But I’m not
really
interested in
Europe…
Asia
Middle East
North Africa
• But we are
clean-tech
entrepreneurs!
So Europe again, but
not only!
3.
4.
5.
6. It’s a complicated
situation
27+(28 in June 2013) countries
27 (soon 28) national governments
27+legislations
23 official languages
11 currencies
26 countries are in the Schengen
agreement… but 5 are non-EU!
100s of cultures
7. 26% of the EU consumers 130MLN/502MLN
5 countries alone represent:
40% of the EU B2B market 8.4MLN/21MLN
P
G
I
I S
D
U
K
F
3 countries alone represent:
42% of the EU consumers 208MLN/502MLN
28% of the EU B2B market 5.9MLN/21MLN
8. But then, what is it that makes Europe work?
The small fish a multitude of
intermediate organizations that contribute to
the overall functioning system.
In the entrepreneurs’ support arena:
BICs, Incubators, Accelerators,
Living Labs, Coworking Spaces, Tech
Parks, Science Parks, Universities, Chambers of
Commerce, Industrial Zones, RDAs, Local
Governments…
12. Enquiries
Feasibility
studies
Enterprise
creation projects
Business plans Start-ups
Jobs created in
Start-ups
2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011
Total 69307 97426 12461 13572 7125 7516 6989 8409 6358 5516 12668 12460
Average 541,46 749,43 97,35 104,40 55,66 57,82 54,60 64,68 49,67 42,43 98,96 95,85
Median 79,50 98,50 33,50 41,50 18,00 23,50 18,50 24,50 14,00 13,00 31,50 25,00
13. Fund raising: total 300MLN EUR
12.85%
35.00%
18.45%
15.00%
18.53%
27.00%
50.17%
23.00%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
2011
2010
Seed capital raised
Angel investment raised
Venture capital raised
Other capital raised
14. Physical Incubation
Average square meters of owned incubators Average occupancy rate Average incubation time (years)
2010 2011 2010 2011 2010 2011
7549 7271 78% 63% 3,1 2,64
Tenants in incubators Employment by tenants
2010 2011 2010 2011
Total 3.937 3729 24.505 19641,00
Average 31,71 28,68 191,44 151,08
Median 23,50 21,50 98,00 83,00
15. Value for Money
Cost per job created
Public financial contribution per
job created
2010 2011 2010 2011
€ 12.058,79 € 10.886,64 € 8.338,79 € 7.867,63
16. Launched in 2004 and revised in 2008 The BIC
Quality Mark Criteria the main
characteristic that distinguishes the European
BIC Network from others around the globe… they
relate to the General Mission… innovative,
innovative and innovative entrepreneurship, the
Organization… visible, adequate, ppp,
sustainable independent... Services... To
entrepreneurs, SMEs, Signposting... Quality,
tracking, benchmarking, improving...
Performance and Efficiency... of the
services, performances and processes
28. Questions?
Thanks for the patience!
Giordano Dichter
Head of Quality and Technical Assitance
European BIC Network
+32 2 7611083
gdi@ebn.eu
www.ebn.eu
Content advisor and founder
The Business Incubator Magazine
giordano@theincubatormagazine.com
www.theincubatormagazine.com
www.incubationgateway.com