3. Presentation Outline What is Incubation? History of Incubation Incubators Objectives Incubators Design Incubator Location and Infrastructure Incubators Services Income Models of Incubators Incubators Management Incubators Quality System Examples 3
4. “Incubation is one of the single most important global innovations of the 21st Century…” Jiang Zemin Chinese President 1993-2003
6. Incubation The physical location where the incubation process take place Offers defined set of services to individuals or small companies 6 Incubation is a process which tends to be activated whenever there is a need to support entrepreneurs in developing their own business. (Source: EBN European Business Innovation Centers Network) Incubator
12. Startups status 66% of new startups in the US still in existence 2 years after their birth 44% were still in existence 4 years after 12 Source: Survival & Longevity in the Business Employment Dynamics Database" Amy E. Knaup, Monthly Labor Review, (May05)
13. Why Innovation Incubation? Lack of experience Lack of management skills Lack of professional networking Lack of focus on business Lack of investment chances Lack of lack of exposure to experts and support programs Lack of proper work environment for innovation Lack of proper technical infrastructure (labs, IT tools, etc.) 13
25. Incubators Role in the Economy Creating jobs and wealth Building or accelerating growth of local industry clusters Business creation and retention Foster innovation culture within the community Enhance links between universities and businesses 17
26. Innovators and Entrepreneurs Accelerate the development of new technologies Technology commercialization Access to investment opportunities Maximize the probability of success of startups by reducing risks increasing knowledge Accessing investment opportunities 18
27. Large companies Identifying potential spin-out business opportunities Access to innvations Foster innovation culture Risk minimization of new technologies Isolate highly innovative projects (Spin-out) 19
28. Investors and VCs Support small firms with high growth potential Identify investment opportunities Risk Minimization and Increase the return on investment opportunities through well screened and assessed Technology Startups 20
43. Main Services Shared Internet & Facilities Office Space & Infrastructure Entrepreneurs Networking / Experience Exchange Access to Sources of Funds Mentoring / Training
44. Incubation Process and Services 31 Source: EBN : The Smart Guide to Innovation-Based Incubators (IBI) Feb 2010
53. Incubators’ Staff Incubators have very small staffs Role of key people provide: Guidance Monitoring Evaluation Suggestions and transform ideas into successful businesses Incubator size (No. of employees) Source : EBN observatory report
54. Incubator Manager Dynamic manager Must be entrepreneurs in their own incubator Business expertise Shared Resources utilization Management consulting services experience Role attracting the right tenants enforcing an appropriate set of operational rules assisting the tenants as their businesses develop, understand problems facing a tenant, Business plan…… Locating sources of Capital Encourages networking (Internally and Externally) Source: A Business Incubator: Operating Environment and Measurement of Economic and Fiscal Impacts, Deborah M. Markley and Kevin T. McNamara
56. Measures The success of any incubator must be evaluated in relation to its objective General measures can be: Jobs created (Quantity & Quality) No. of tenants and graduates No. of product innovation No. of new business starts Success rates of incubator firms Impact on local development (benefit/cost analysis)
57. Quality System European Business Innovation Centres Network (EBN) Mission Organisation Services Performance Quality and measures recording
61. EBN is now the leading non-governmental pan-European BIC network
62. Over 240 members in EBN including 155 BICs full members and 75 associate members in the 27 E.U. Member states and in 11 other countries (Central and Eastern Europe, Turkey, Canada, USA, Egypt, China…).
63.
64. Thank you for your attention JamilAlkhatib, MSc. khatib@ieee.org 49
Notes de l'éditeur
Source: EBN : The Smart Guide to Innovation-Based Incubators (IBI) Feb 2010
Since 1959, thousands of small or midsize enterprises have come to the Batavia Industrial Center for the opportunity to see their dreams get started and grow.www.mancusogroup.com
Source – InfoDev Asia Workshop 2006
Source: EBN : The Smart Guide to Innovation-Based Incubators (IBI) Feb 2010Graduation: Expansion
Source: EBN : The Smart Guide to Innovation-Based Incubators (IBI) Feb 2010Graduation: Expansion
Product developmentProof of concept developmentTechnology readiness