infoShare 2013: Wim De Waele - Creating Digital Innovation clusters in Europe [EN].

Digital Entrepreneurship in EuropeWim De WaeleThursday 16 May 13

ICT is the driving force of innovation in many sectors of society

The required eco-system

11/04/2023 3

Entrepreneurs

Venture Capital

Investors

Professions

Government

Management

Large poolsof privatecapital

Public Stock Markets

Major Corporations

Strategic Investors R&D Centers Potential Acquirers

Universities

Wim De Waele• Male• 15 years in 1978• Visited city library twice a

week and read between 5 to 10 books weekly

• Watched 10 to 15 hours of TV

• Did not practice enough sports, and spent most much time running a youth club

• Bought his first computer in 1982

Ruben De Waele• Male• 15 years in 2011• Visits city library and

reads one book a quarter (at most)

• Watches 10+ hours of TV or DVD a week

• Spends all the time his parents allow him to gaming

• Practices sports when not gaming

iMinds wants to create a lasting and positive impact

on society through ICT innovation

9

6717348017

10

40 mio

5811

1214

17380+ 58

955

903445

34

5811

12 17

8

675

742

45

1,000+ 800+

TOTAL REVENUE

RESEARCHERS

START-UPSfrom the iMinds incubation programs

PARTNERS in the iMinds ecosystem

PROJECTS with the industry

50+

531,000+PUBLICATIONS on a yearly basis

iMinds is truly anINTERNATIONAL RESEARCH COMMUNITY

USA

Belgium

France

Netherlands

Greece

Italy

Turkey

China

Sri Lanka

Spain

Japan

Germany

Ecuador

Colombia

Serbia

India

Romania

Iran

United Kingdom

Brazil

Vietnam

Palestine

Pakistan

Croatia

Bulgaria

Sweden

Poland

Mexico

Israel

Hungary

Egypt

Switzerland

Belarus

Austria

Slovakia

Portugal

Algeria

Czech Republic

Canada

Argentina

Tunisia

,

Syrian Arab Republic

Singapore

Russia

Malaysia

Congo

Hong Kong Myanmar

Ethiopia

Finland

Macedonia

Latvia

Lithuania

Grenada

Côte d'Ivoire

2012

iMinds is truly anINTERNATIONAL RESEARCH COMMUNITY

USA

Belgium

France

Netherlands

Greece

Italy

Turkey

China

Sri Lanka

Spain

Japan

Germany

Ecuador

Colombia

Serbia

India

Romania

Iran

United Kingdom

Brazil

Vietnam

Palestine

Pakistan

Croatia

Bulgaria

Sweden

Poland

Mexico

Israel

Hungary

Egypt

Switzerland

Belarus Austria

Slovakia

Portugal

Algeria

Czech Republic

Canada

Argentina

Tunisia

,

Syria

Singapore

Russia

Malaysia

Congo

Hong Kong Myanmar

Ethiopia

Finland

Macedonia

Latvia

Lithuania

Grenada

Côte d'Ivoire

201255 nationalities

iMinds is member of the EIT ICT Labs

Education

Research

Business

STRATEGY TO CALL 2014: Incubation & Entrepreneurship Living & Experience Labs Health & Wellbeing

iMinds associated partnership to NL node & 60 innovative ICT actors in Europe

Employment UrbanizationAgeing Society

GlobalizationPublic health

for all and well-being

Environment

Cloud computing

Internetof Things

Big DataConnectivity

& Sensor systems

Security & Privacy

Social & context based IT

iMinds focus: ICT and five vertical marketsSocietal challenges

Markets

TechnologiesLeveraging our research assets in multiple markets

Addressing top priorities with digital innovation

Residential digital applications & mobility City infrastructure & e-City

New production (3D printing, robotics) & logistics Virtual factory, optimization & automation

Patient-centric Care & Wellbeing Hospital MedTech & Pharma Lifesciences

Broadcast, Print & on-line Production & Gaming companies

Smart Grid Networks with security & resilience Residential Smart Homes & electrical cars

Telecom, IT infrastructure & Cloud providers Web & Application software companies

From idea to business: our innovation toolbox

5+ years …1 yearTime-to-market

Strategic research

Incubation & Entrepreneurship

Applied Research

Pre-competitivetesting

Knowledge-driven

Explorative

Basics for applied research

Training & coaching

Financing

Facilities

Networking

Internationali-zation

Business-driven

InterdisciplinaryDemand-drivenCooperative

Proof of Concept

Large-scale user trials & living labs

Evaluate technical feasability

Simulations

Incubation & Entrepreneurship

11/04/2023 17

training & coachingfinancing facilities

networking internationalization

Greetings from

Toronto

Greetings from

Louvain

Greetings from

Dallas

Europe will have to wait for an entrepreneurial

culture like Silicon Valley’s.

The beginnings of such a culture have taken root in

recent years.

Economist Feb 2011

Research to entrepreneurship: instruments

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(ICON) Research

Opportunity recognition

iStart

iBoot

Discover business opportunities

Launch a startup company

Grow a company

Draft business proposition

1

2

3

4

Business

Acceleration & Internationalization

Student entrepreneurship

24

On-demand coaching Hands-on Workshops Facilities: Start-up Garage iStart.light Startup Grid

Opportunity recognition workshop

Goal of the workshop? Discover business opportunities

for the technology developed in

the ICON project

Develop entrepreneurial skills of

researchers and Ph.D. students

Format: Focused workshop

combines teaching of methodologies

and concepts and the hands-on

application25

Part of Doctoral school program at several universities

iStart Incubation program

Focus on business (plan) development Training and coaching Entrepreneur-in-Residence (EiR) 6-18 months, max. €50K 4 calls per year

Conditions to participate: Mature ICT-related

idea Technological

Proof-of-Concept (PoC)

iStart projects facts and figuresiStart projects facts and figuresCall Q4

2011

Invested Funds 100K16 registrations

10 projects through to 2nd round

4 projects selected 2 projects signed the incubation agreement

Call Q1 2012

Invested Funds 200K

17 registrations 10 projects through to 2nd round


Call Q2 2012

Invested Funds 200K14 registrations 9 projects through

to 2nd round 4 projects selected 3 projects signed the incubation agreement

Call Q3 2012

Invested Funds Funds 50K5 registrations 5 projects through

to 2nd round 2 projects selected 2 projects signed the incubation agreement

Call Q4 2012


to 2nd round3 projects selected

3 projects signed the incubation agreement

Separate

registrationsInvested Funds

625K

numerous projects registered before the iStartcall system was introduced


Call Q1 2013


to 2nd round6 projects selected

6 projects signed the incubation agreement

What can iMinds do to help you grow your startup? Identifying growth opportunities and tailored coaching

track as part of the Flemish Gazelle program

Access to finance through coaching and networking

Growth through Smart Innovation

iCubes office facilities

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Acceleration program – grow local

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Acceleration program – go global

International coaching, facilities, introductions,networking and tailored business development

GO WESTPartnership with Local incubators, supported by FIT

GO EASTSingapore office

European network of incubators

iStart portfolio

Healthcare

Manufacturing

EnergySmart Cities

TokenPKI

ICT

Media

http://www.youtube.com/watch?v=wrwrBDdXgK0

http://carambla.com/

http://www.posios.com/index.php

iStart portfolio

iMinds created 12 new companies in 2012

54

32

12

APPLICATIONS& FIRST ROUNDINTERVIEWS

SECOND ROUNDINTERVIEWS

TokenPKI

12 NEWCOMPANIES

http://www.posios.com/index.php

http://carambla.com/

• Point-of-sale solution for restaurants and bars

• Cash register and business intelligence in 1 tool

• Company founded Sep 2012

• Large distributor deal with Griffin Technologies

• Horeca Expo Innovation Award Service 2012

• Reseller contracts worldwide

• More than 15,000 app downloads

• Software-as-a-service app

• Integration with back-end, printers, menus and much more

• Mobile integration

• Business reporting

• iStart Incubation Program

• Go West internationalization program

• Startup Garage resident

OBJECTIVES KEY RESULTS

APPROACH KEY ELEMENTS

POSiOSRestaurant POS company – iMinds spin-off

www.posios.com 3311/04/2023

• Point-of-sale solution for restaurants and bars

• Cash register and business intelligence in 1 tool

• Company founded Sep 2012

• Large distributor deal with Griffin Technologies

• Horeca Expo Innovation Award Service 2012

• Reseller contracts worldwide

• More than 15,000 app downloads

• Software-as-a-service app

• Integration with back-end, printers, menus and much more

• Mobile integration

• Business reporting

• iStart Incubation Program

• Go West internationalization program

• Startup Garage resident

OBJECTIVES KEY RESULTS

APPROACH KEY ELEMENTS

POSiOSRestaurant POS company – iMinds spin-off

www.posios.com 3411/04/2023

European VC Environment

iMinds generates follow-up financing

x 4.7 in 2012

Incubation financingFollow-up financing

1069

800

2450

925

Private capital

Other public capital

Spin-off financing(SOFI)

iStart(x 1,000 €)

Seven Forces disrupting venture capital First, we have Amazon: It’s cheap to build, host, test, and optimize

software Secondly, Angel Investors: Once a products gets to some proof of

concept, an entrepreneur can raise seed funding from an incredibly wide range of sources.

Third, we have AngelList: Social software pairing investors and investment opportunities

Fourth, we have Kickstarter: crowdfunding Fifth, there’s Y Combinator: sophisticated incubators Sixth, is “New” Venture Capital: operationalizing services such as

business development. And, finally, seventh are secondary markets: liquidity

Semil Shaw TechCrunch April 2012

http://www.crunchbase.com/person/yuri-milner

Wim De [email protected]

38

Join us@iminds

https://www.facebook.com/iMinds.be?fref=ts

http://www.linkedin.com/groups/iMinds-vzw-44405?gid=44405&trk=group-name

https://plus.google.com/u/0/103538357300423124901/posts

infoShare 2013: Wim De Waele - Creating Digital Innovation clusters in Europe [EN].

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Transcript of infoShare 2013: Wim De Waele - Creating Digital Innovation clusters in Europe [EN].