1. ECONOMY AND ENTREPRENEURSHIP IN THE DANUBE REGION
Development of an innovation fund to create a local ecosystem of entrepreneurs
ECONOMY AND ENTREPRENEURSHIP IN THE DANUBE REGION
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

2. Stockholm, Dublin, Eindhoven, Porto, Manchester, Zagreb, Miskolc, Suceava, Smolyen, Guadalajara
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

3. SmartImpact
will explore and develop the Innovation-Management tools for municipalities, which are necessary to finance, build, manage and operate a smart city.
members will develop approaches that support decision making, investments, management and maintenance of those smart solutions that help achieving the city’s development goals.
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

4. Smart cities 2016, Novi Sad
Frane Šesnić, CEO

5. Smart policies
can be defined as locally adapted regulations and incentives targeted at dealing with innovative technologies and their impact on urban development.
Smart Policies strive to put innovations in use for growing the economy in a sustainable way, supporting a reduction of the urban environmental footprint and that increasing the efficiency of public spending.
Smart policies hit the leverage points in your city. They are able to provoke a large impact through a relatively small amount of change.
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

6. Project development
centre
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

7. correlation between market size and financial instrument development
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

8. Smart cities 2016, Novi Sad
Frane Šesnić, CEO

9. Smart cities 2016, Novi Sad Frane Šesnić, CEO
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

10. tn t1 t0 Turnover Market/Export Employees Profit Assets Knowledge
Wages
Quality
Satisfaction t0 t1 tn
time
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

11. Valuation and founder equity
100 K Eur
500 K Eur
2 mil Eur
as a startup raises additional equity investment, the valuation increases and founder ownership decreases
Valuation
100% ?%
50%
Founder equity ownership - delution
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

12. Financial instruments
European Venture Capital Funds, a subcategory of alternative investment schemes that focus on start-up companies;
Public Procurement of Innovative solutions (PPI)
Pre-Commercial Procurement (PCP)
Crowdfunding
Pre-IPO investments
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

13. Crowdfunding Academy 2015.
Educirani timovi zajedno su prikupili više od milijun kuna
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

14. Startup investors manifesto goal - EBAN
2013
2017
4-years growth
business angels
5,5
11,7
113%
early stage VC funds 2
2,9
45%
equity crowdfunding
0,08*
0,5
525%
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

15. StartUp tech. company Innovation ecosystem Knowledge Financing
Infrastructure
Market
Innovation ecosystem
Entrepreneurs must lead the development of any startup community, and empowerment of individuals is the best tool for creating meaningful change in yours.
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

16. Smart cities 2016, Novi Sad
Frane Šesnić, CEO

17. Co-operation agreement, September 30, 2015
#City of Zagreb
Mayor Mr Milan Bandić, dipl. polit.
#University of Zagreb
Rector Professor Damir Boras, Ph. D.,
#Faculty of Electrical Engineering and Computing
Dean Professor Mislav Grgić, PhD
#Ruđer Bošković Institute
Director General Tome Antičić, Ph.D.
#Development Agency Zagreb
Director General Frane Šesnić, mag. ing.
Co-operation agreement, September 30, 2015
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

18. Zagreb Model
Stakeholders for holistic approach in order to create innovative business environment
Local government
City of Zagreb
Innovative SME
University, r&d institutes, faculties
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

19. More than 1500 users in 2015.
Free of charge, finaced by the city
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

20. STARTUP FACTORY ZAGREB
Pre-acceleration program for tech startups
Equity free / Grant
3 months acceleration
Education, networking, mentoring, consulting,
financial & infrastructure support
Eur investments
Smart City tourism
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

21. EBRD i Europski investicijski fond,
European Venture Capital Funds, a subcategory of alternative investment schemes that focus on start-up companies;
Potential investors:
Grad Zagreb
Republika Hrvatska
HBOR,
EBRD i Europski investicijski fond,
Europski fond za regionalni razvoj i Kohezijski fond,
Financijske institucije (mirovinski fondovi i osiguratelji), velika poduzeća u Republici Hrvatskoj
Poslovni anđeli te
inozemni ulagači
Smart cities 2016, Novi Sad
Frane Šesnić, CEO

22. for the Smart City development
Public Procurement and Innovative SME
City authorities address the task/issue/challenge
for the Smart City development
Innovative SME provides solution
a hub for information regarding
innovation procurement
PPI Platform
Smart cities 2016, Novi Sad
Frane Šesnić, CEO