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Tallinn Science Park Tehnopol Founded by the Republic of Estonia, City of Tallinn and Tallinn University of Technology Largest science park for tech-based companies in Baltics Created to support star-ups and developing companies
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Missioon and Vision Helping to increase competitiveness of innovative companies by offering them high- quality value-adding services and infrastructure. Tehnopol is internationally attractive business environment, the first choice of high-tech companies among the parks in Nordic region
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Tehnopol at a glance 157 companies in science park 40 000 m² of rental space, (2012 70 000 m²) Business incubator for 30 start-ups 12 000 students and 1100 scientists nearby 5 R&D Centers: ELIKO, VTAK, TFTAK, IMECC, STACC
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Grown-ups in Tehnopol
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Start-ups in Tehnopol
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We can say that … start-up companies are very important to us and to economy overall. So, what are we exactly doing …
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Our start-up growing experiences We redefined who is a start-up We redefined where start-up comes from We redefined the needs of a start-up We have re-defined the concept of boosting tech-based companies
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So, what is a biz incubator? Incubator is a complete environment for start- up company, combining business consultation services and convenient infrastructure. “… incubator protects young entrepreneur from its mistakes …”
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Who is a typical start-up? Male Age 20-35 Educated Working experience Wide contact network Tech conscious Great ambitions Not experienced in running own business
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Where does a start-up come from? 75 % are spin-offs from large tech companies 10 % come straight from university 10 % „soft land“ to Estonia 5 % origin unknown
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What does a start-up need? Financing (VC-s, angels) Partners, clients Help in foreign markets PR & Marketing Finding personnel A mentor Networks Office/meeting room
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What we used to offer? business development services, help in drawing a business plan, strategic planning, finding business partners in local and foreign markets, fully equipped office, help in drawing a marketing plan, reception services, trainings, meeting rooms, printing paper, help in finding finances, personal help from business, maintenance, consultants, different networking events, cooperation with universities, R&D facilities, site visits, B2B meetings, management trainings, personnel services, differents contact networks, etc.
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What are we offering now? Business mentors Money (VC, angel, EU…) „Soft-landing“ services Business missions Networks, clubs Coffee mornings Marketing support Office/meeting room/office equppment
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What are we expecting? We keep things simple in order to attract tech entrepreneur. We expect…
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Team that can do it
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Innovative idea
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Exporting ambitions
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Ability to aim high
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Where has it lead us? Success rate 80% Feedback: 8 out of 10 3 stars in year About 30 start-ups 7 new ideas in month 60% export markets Deployment of pre- incubation and incubation processes
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Two good examples:
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„ We employ wireless smart dust technology to provide a highly portable surveillance solution with minimum configuration requirements“ www.defendec.com
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What did we do? Helped to kick-off with marketing Helped to find the right money Helped to find contacts abroad We mentored the processes
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„Yrgel Entertainment is a software development company. We develop iOS/Android/PC/Mac games and apps.“ www.yrgel.com
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What did we do? Helped to wrack the initial plan Helped to find best experts Helped to find first customers We mentored the process
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So, what have we learned? Despite tech-based start-up scene is complicated, their needs are still simple Focus on important features, cut everything else As start-up is changing quickly, you have to change quickly Keep things simple …
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martin@tehnopol.ee @martingorosko www.tehnopol.ee @tehnopol facebook.com/tehnopol
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