Kista Innovation & Growth Support system for technology startups

K I G - S u p p o r t s y s t e m f o r t e c h n o l o g y s t a r t u p s Kista Innovation & Growth A new support system for technology startups in Kista Designed with experience from other successful Science Parks Initiated and organised by the Electrum Foundation and Kista Science City AB Small organisation working with: system design, network, network development, network maintenance, quality assurance and marketing

Vision A world class industrial support system being the first hand choice among potential entrepreneurs and spin outs i Kista A system, and physical spaces, stimulating start, development and growth of several more new technology companies with international potential K I G - s u p p o r t s y s t e m f o r t e c h n o l o g y s t a r t u p s

Goals for KIG Establish KIG among potential entrepreneurs from late 2002 Increase the number of startups from the average 8 per year to at least 20 from –Companies with potential to survive and expand to employees within 3-5 years The most attractive support system in Sweden from 2004 K I G - S u p p o r t s y s t e m f o r t e c h n o l o g y s t a r t u p s

Screening criteria Technology based business idea ”Products” that can be reproduced in volume Potential to sell the products on international markets Team with the right profile to build a technology startup K I G - S u p p o r t s y s t e m f o r t e c h n o l o g y s t a r t u p s

IT University Business Community Startup program for entrepreneurs Mentorpool Business Lab Office Hotel Resource Providers Seed Financing Advice Research Institutes Center KTH Seed Capital Business Angel Network Growth program for entrepreneurs Business Accelerator Growhouse Office Space Partners: Venture Cup Connect

Perfomance first 6 months 20 projects evaluated for Business Lab, 3 accepted –Photonic crystal, datamining and wlan software 15 projects evaluated for Business Accelerator, 3 will be accepted november 14 projects accepted for the entreprenurship training program Weekly deal flow rate: 2 projects Dealflow rate indicate possibility to reach long term goal K I G - S u p p o r t s y s t e m f o r t e c h n o l o g y s t a r t u p s

Contact Pär Hedberg, Joakim Nilsson, Ulf Brandels, - S u p p o r t s y s t e m f o r t e c h n o l o g y s t a r t u p s