Presentation Learning from excellent innovation practice – The PAXIS experience George Strogylopoulos, Chairman, Logotech SA, PAXIS Accompanying Measure 1

Learning from excellent innovation practice ‘The PAXIS Experience’ 5 – 7 October 2005, Edinburgh George Strogylopoulos Logotech S.A (AM1) In collaboration with SSBC and SOCINTEC

Thematic Networks HIGHEST KREO PANEL SPRING START Validation Projects ESTER BIOLINK TRACTOR TRANSACT PROMOTOR+ GLOBALSTART Accompanying Measures COMMUNICATION STRATEGY SUPPORT (AM1) INNOVATION POLICY INTERFACE (AM2) EUROPEAN NETWORK OF START-UPS (AM3) Paxis: The Actors

Early Stage Financing Intellectual Capital Entrepreneurship Incubation & Spin-offs Internationalization of Start-ups Awareness Raising Paxis: Self-shaped Main Areas of Activity

Events Excellent News PAXIS website Visiting schemes GOPP sessions Torino 2003 Edinburgh 2005 Stuttgart, 2004 Regular updates 10 visiting schemes for Objective 1 regions 10 TN sessions 6 Project & Thematic sessions 2 Strategic sessions Paxis: Support Instruments

Tangible Policy Results (examples 1) Internationalisation of start-ups Euro-office initiative - HIGHEST Growth Company Identification Tool – START- Edinburgh-Vienna-Torino GLOBALSTART tool-kit – Academic Spin–offs going global Entrepreneurship & Start-up creation EDE – Eurocities – Barcelona – AM1 Sun & SUP – AM3 Regional Intellectual Capital – SPRING -Stockholm- Madrid Learning Environment for Entrepreneurs - TRACTOR Welcome Package – Berlin – Stuttgart –Zurich –HIGHEST - SPRING Early stage financing BANs - KREO - SPRING Seed Funding - Baltic States - ESTER & Israel C0-investment fund concept - Edinburgh to Vienna and Hamburg

Tangible Policy Results (examples 2) Spin-off & incubation INNO-TULI - Helsinki Incubation & Pre-incubation Models – KREO Technology Platforms LY-GR BIO-LINK – Co-incubation Proof of concept – Vienna -START Political awareness, knowledge transfer & New Member States ELITE Euro-Office to China Highest in the Committee of the Regions Munich and Sofia –AASIE and GrunderRegio and EDE -PANEL PROMOTOR+

Pan-European Added Value (examples) European Day of the Entrepreneur (EDE) ELITE Business Angels Networks The EURO-OFFICE Initiative European Forums for Innovative Enterprises

Case Study 1 Spreading BAN activities in Europe The Source The Oxfordshire Investment Opportunity Network (OION) 1994 as part of Oxford Innovation Ltd. Linking early stage, high growth potential companies with investors The Output KREO Creation of BANs in Karlsruhe and Lyon ( ) Initiation in Emilia Romania SPRING Creation of Business Angel Forum in Stuttgart Initiation of (4) BANs in Madrid

Case Study 2 The Euro-Office Initiative - Born in Paxis

Case Study 3 BioLink: Co-incubation in Biotech A shift in the results Five Incubators Two Research Institutes Key Strengths of partners Companies 2-3 start-ups (32 companies) Best Incubation Practice (BIP) Toolkit More mature Ventures

Case Study 4 ESTER: Venture (Seed) Capital Schemes transfer YOSMA Technology Incubators Israel Latvia Estonia Slovak Republic

Exchange of ideas Exchange of contacts Inspiration on policy Regions of Excellence Opening new routes of Action Intangible results (examples)

Meetings and workshops77 Key players involved1.398 Methodologies and best practices identified304 Transferable mechanisms167 Cross programmes60 Practices exchanged42 Initiatives into new policies11 Dissemination activities 469 Overall: Thematic Networks’ Statistics

Some really interesting results Networking Excellence is challenging Established learning platform Test-bed for sectoral approaches Not easy to identify the links between PAXIS results and regional innovation performance Variety in the understanding of innovation priorities Some overall thoughts

Cluster and platform development Regional innovation excellence Identify and fund international growth Innovation Acceleration Mechanisms Uncovering new ventures Technology transfer excellence Potential Areas for Future Action (ideas from the Athens Strategic GOPP session)