GlobalStart project www.globalstartups.org. Objective of GlobalStart To provide good support to (university spin-off) companies with a global potential.

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Presentation transcript:

GlobalStart project

Objective of GlobalStart To provide good support to (university spin-off) companies with a global potential How do we approach this Taking stock of what we already do (best practice, benchmarking) Identifying the needs of global startup companies (need analysis)  Developing a plan for global start-up support  Developing an implementation plan  Developing support tools Methodology

Consortium Technical University of Brno Univ. of Miguel Hernandez Elche Catholic University of Leuven University of Salamanca Technical University of Tartu University of Twente Finance Wales University of Warwick UNITED KINGDOM SPAIN BENELUX NEW MEMBER STATES

EU-Roots of GlobalStart Leonardo Project: USOC 4 th Framework Programme: Unispin Phare Partnership Programme: Unispin CR Paxis I projects: –Embryo –Spinnova As a Direct result of Use-it conference

Venture level University level Regional level How can a region support a university and/or companies to reach their global potential? How do our regions do this? What can we learn from each other? What does an ideal regional support structure look like? How do our universities support spin-off companies and particularly global startup companies? How can we improve this? What do we need and what could be an ideal structure? What instruments are available to support them better? What needs to be developed? What is a global start-up? What are the needs of global startup companies? How do they fulfill their needs presently? How to provide better support to (potential) global startups: the design, validation and implementation of a scheme for the stimulation and creation of global university start-ups About the project

Regional level How can a region support a university and/or companies to reach their global potential?

University level How do our universities support spin-off companies and particularly global startup companies? How to implement the optimal support structure? Global start-up support structures TTO Benchmarking Regional infrastructure Global start-up needs (demand side) Literature review Case studies Plan for global start- up support Gap analysis: existing versus needed support / best practices Mobilisation plan How to complete the existing support functions How can we improve the current support infrastructure? What kind of support is needed? Inventory of best support initiatives (in/)outside Europe

Venture level What is a global startup? Literature study What are the needs of the global startup companies, and how do they fulfill their needs presently? 22 case studies – structured interviews in the countries of the participants.

List of case studies Asper DigePring Estla ForwardThinking GeoInfo Hypertrust ICsense Medspray Metis Myoton PetCare reMYND RNATec TiGenix SDvision StreamLine Quattromed UnderGrad Utellus Waleli Cases are confidential

Example of a case Company Ltd. Professional Bodies: Robotics Institute, Society for Biomolecular Screening Industry Bodies: Innomedica, IBC Life Science, HTS Industry Group: Aberystwyth Qualitative Biology and Quantitative Analytical Biotechnology Group Universities: University of Wales, & Manchester Government Department: DTI Bio Wise Spinout Programmes: Challenge Fund, Wales Spinout Programme Network capital of “Company Ltd”

Venture level University level Regional level GlobalStart Tools/Toolkit Benchmarking instrument Development plan Quality management handbook Marketing and promotion plan Balanced scorecard for universities Monitor for entrepreneurship / global startups Self assessment tool for to identify missing GS support functions for spin-off consultants Identification tool Global business platform COAP Guidelines for technical assessment for (potential) global startups Business plan model Regional mapping instrument / checklist tools and mechanisms, assisting entrepreneurs and spin-off managers in the successful creation of global start-ups

Tangible Results Reports and studies Tools on regional, university and venture levels and toolkit Joint Paxis workshop and dissemination materials Increase of spin-offs with a global potential Support of (international) growth paths of global startup companies

Intangible Results Mutual Learning –working practice / Benchmarking / Delphi questionnaires Awareness –local, national and regional governments –conferences (e.g. eXist – Germany) Contacts New Projects –Tabled and discussed: Connect, Alfa, Inno a.o. Value of the Paxis brand –Connecting with the Excellent Regions

EU dimension Testing & Validating the methodology in a pan European context Joint Paxis Conference in June 2005 in Salamanca, Spain Challenge & task: Raising interest in - new- EU countries for supporting GS companies

Conclusions & Outlook One more year to go! Codifying the methodology with tools, cases and practices European workshop FROM PAXIS TO INNO EXTENDING THE NETWORK Science to the Market