Zernike Science Park (1992) ASP Groningen IDEA Centre Twining Centre Amsterdam Zaanstad IKTC Technology Biopartner³ Centre Technology Park Western Australia Brisbane Technology Park IDEA Normanby Gateway ACT and..11 SEED FUNDS and LOANS

Economic value-added Maturity of start-up company Pre-Incubation Education processes R&D-processes Business Plan Business Incubation Start up company Entry to market Company status First growth phase Acceleration ©Simo Saurio, Sakari Kuvaja Development phases of start-up companies

How do we see Incubators Flexible housing for starting entrepreneurs Market prices are eventually a must More than only housing

Requirements for new entrepreneurs: Market access Management services Mentoring services to provide skills and knowledge Money ranging from zero stage funding to venture capital funding

SOME EXAMPLES

PUBLIC SUPPORT Rent is at market price for offices (equipment leasing supported by the state, services also subsidised ) Biopartner Center

IDEA Center PRIVATE DEVELOPMENT Build and lease- back business model (risky one) Not only for start- up interesting as private initiative

HYBRID Right to exploit the building no charge But must deliver services Normamby Gateway UK

SUSTAINABILITY PUBLIC AID WILL REDUCE ECONOMIC VIABILITY AS ALL BUSINESSES! CUT COSTS and MAKE MORE MONEY

HERE are some ideas how Don’t overstaff or over supply equipment Subcontract services If possible share with other incubators/parks/public agencies etc.. Charge reasonable rent Sponsors

HERE are some more ideas how When subcontracting lower cost and get a percentage Plan your building carefully Sell your services externally Rent your facilities Participate in projects/consultancy If you can, get management of funds

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