How to raise money for your verification project Jan Tengwall, Innovation Adviser, GIO

Agenda Research project ends- What to do now? Brief map over the Swedish Innovation landscape Local innovation landscape Various instances from where funding can be obtained ALMI Chalmers Innovationskontor Väst Incubator HB Holding Other actors (Connect, IUC, etc.) Follow a mock project Questions 2018-12-09

From Idea to impact - What actors exist Companies entrepreneurship Research resultat Development projekt Companies entrepreneurship - What actors exist Drivhuset Science Park Borås Business Ink Fashion Ink Smart Textiles Projektarena HB Holding Bolag Grants & Innovation Office Pilot, prototyp, test Affärs-utveckling, Rådgivning Almi Väst Idé-, projektutveckling Stöttning , coachning Projekt-utveckling Positionering av företaget Företagsstödjande: IUC Connect Väst Market Place Coompanion Research support from IDEA to IMPACT Inventering av kunskapstillgångar Verifiering Finansiering Start-up, Bolagisering, Exit Finansiering 2018-12-09

How can an Innovation adviser at Gio help you Ask questions Finding needs Brainstorm application areas Contacts IP-policy Sometimes help operatively Follow and hand over on the journey toward creating impact or become an entrepreneur 2018-12-09

NABC Model Exempel: OK, jag förstår att du är hungrig (need)! Vi kan gå till fiket här borta och äta en sallad (approach). Det ligger nära, salladerna är fräscha och det är lugnt och skönt så att vi kan prata (benefits). Eller också kan vi gå till McDonalds, men det är bullrigare och hamburgare är ju inte så nyttigt (competition). 2018-12-09

Questions to ask yourself What do we want to achieve with our research/project? Who will benefit from your research? What do you want to achieve with your research? What is the best final outcome? Why is this interesting? Who will be using this and why? Who is the target market? How does your research differentiate itself versus existing solutions? Why is your solution better than existing solutions? What is the beautiful with your solution? 2018-12-09

Chalmers Innovationskontor väst Market verification Prototyping Finding interested companies/customers Not research project, however IKV exists to test your research ideas on the way to a final product or helps your research results to make an impact in society Max 300 000 kr in two seperate occasions Potential for more financing with Verification + Berätta hur det går till 2018-12-09

ALMI State owned- lots of money to fund start ups. Often takes more risks than regular venture capitalists 25 000 kr or 50 000 kr Business coach, courses and seed money Should be used toward the first invoices, i e patent novelty search, prototyping etc Upon each step completion, there is more money to be loaned or granted 2018-12-09

Inkubatorn Provides business coaching Helps to think like an entrepreneur and follows up the progress Writing business plan, workshops and much more 2018-12-09

HB Holding company Linked to HB Must be a company Often recommended by Inkubatorn Can invest 200 000 kr against a share Good for HB to show University spin offs Erik Bresky is the CEO 2018-12-09

Other actors within the local innovation system 2018-12-09

Follow a successful research project Mycorena/Water Weave/Ekkono Mock example 2018-12-09

GRANTS and Innovation Office Questions? GRANTS and Innovation Office Zuleyma Montenegro de Rynge Affärsjurist Mats Dolatkhah Forsknings-rådgivare Peter Klason Forsknings-rådgivare Jan Tengwall Innovations rådgivare Marie Wilhelmsson Ekonom Vakant Kommunikatör Ellen Rydberg Chef Stefan Dahlin Innovations- rådgivare http://www.hb.se/gio/