Region Midtjylland Vækstforums Fødevareråd 2 Feb 2013 Søren Rosenkrantz Riber

Turning global challenges into business opportunities for the food industry SUSTAINABILITY Produce competitive food products with minimal environmental load FOOD & HEALTH Develop products supporting health and well-being of mankind FOOD SECURITY Access to sufficient food and nutrients globally Health, demographic change and wellbeing Inclusive, innovative and secure societies Smart, green and integrated transport Secure, clean and efficient energy Food security sustainable agriculture, marine research, bio- economy Climate action, resource efficiency and raw materials.

EIT KIC KPIs, innovation Research, innovation and education: (600) start-ups and spin-offs (6000) innovations in existing businesses developed by KIC students/researchers/professors (3000) licences and consultancy services Post-graduate education and entrepreneural capacity: (25) entrepreneurial curricula developed (20000) students trained in entrepreneurial courses (10000) PhDs trained in KIC entrepreneurial courses (2000) entrepreneurial teachers trained (100) entrepreneurs teaching pathways (25 % of) teachers completed internat. mobility btw. industry/academia

The food value chain… Food processing companies Image Impact Value add Products Waste [Retail] ProcessingIngredientsPackagingEnergy Suppliers Raw material Health Security Sustain- ability Challenges: Legal framework Consumers Markets Logistics! [Innovation]: - Is the implementation of developed ideas and inventions that has provided added value to users/companies/institutions in terms of new or improved products, processes and/or services to the market.

The Foodbest KIC triple-helix EducationResearch & Innovation Business Food KIC innovation radar / matchmaking Joint feasibility and development projects Food KIC graduate and master schools Common test beds (infrastructure) and joint experiments Business development lab Food KIC code, design, and business camps Pre-seed capital Proof of concepts Start-ups Cross-licensing Value created by transfer projects Educational mobility between industry/academia

Company value Time and need for capital Proof-of-concept Pre-seed Seed Initial growth / Early stage Expansion Restructuring Business angels Innovation centres (Corporate venturing units) Venture captial firms Corporate venturing units Venture captial firms Corporate venturing units Debt capital KIC Proof-of-Concept/Seed Fund Technology transfer units Funding sources / types of investors

SMEs: Easy or hard-to-gets? SME typesLow level of own R&DHigh level of own R&D Food processor Production focus Small management team No dedicated R&D culture Time is limited Collaboration is limited along the value chain Depends on solutions Focus on production AND innovation Small management team Dedicated R&D culture Time for innovation and collaboration (testing) Impacts on solutions Supplier Typically providers of low- technology solutions, spare parts etc. Typically standardised solutions/products Production rather than innovation Located close to costumer Provider of high-tech niche products (analyticals, processing, ingredients) Engaged in R&D projects Co-develops with individual customers to provide larger market access Fast track innovations Engage in activities Reduced fee for joining Focus on communication Quick-win tests Demo/test beds Technology matchmaking Implementation Focus on spin-in potentials in partnership projects as ‘usual suppliers’ Can existing production technology be used as parts of ‘test bed’ with risk reduction? Councelling from eg. GTS Engage via innovation networks/tech-match Communicate about KIC findings Focus on entrepreneural education of employees Potential implementation of developed technology

Next steps… -Define strategy for innovation infrastructure -Integrate innovation in BOAs -Planning and testing of pilot projects -Business development from research projects -Venture capital contests/ availability -Supplementary funding -Regional anchoring -Stakeholders, (new) partners, activities -Analyses -Smart specialisation, SME barriers/motivation

Søren Rosenkrantz Riber