1. “AN IDEA FOR INNOVATIVE COMPANY” Competition – Incubation – Financing – Growth Tomasz Wiśniewski Salamanca, 23 – 24 June 2005

2. Aims of the Project:  Designing an improved scheme and successful method to establish regional programmes to stimulate the creation of profitable Start-ups, mainly New Technology Based Firms.  Promoting academic entrepreneurship basing on knowledge and modern technologies.  Commercialization of modern technologies and results of research – development works.  Choice of attractive projects for Venture and Seed Capitals.

3. Participants The competition is open for all citizens of Lower Silesia Region without limitations. Organisers are especially interested in participation people involved in science: Universities employees, Universities employees, National Science Academy Institutes, National Science Academy Institutes, Research - Development Units Research - Development Units Students and graduates. Students and graduates. The competition is also addressed to entrepreneurs and employees of companies who have an idea for establishing the new business.

4. Conception: Project consists of two modules: the competition of business plans and the investment forum. The Business Plan Competition: Arrangement of the two - stage competition of ideas and the business plans for innovative firm. Stage I - "Ideas” In frames of competition there are following actions foreseen:  Publishing and the distribution of brochure "An Idea for Innovative Company”,  Promotion campaign in local medias action,  Organization of seminar " An Idea for Innovative Company”,  Collecting the proposals,  Calling the Expert’s Panel and the Committee,  Opinion of ideas by the Expert’s Panel,  Choice of 30 the best ideas by Committee,  Announcement of results of Stage I.

5. Stage II - "Business plans” In frames of this stage there are following actions foreseen:  Providing for the winners of Stage I, the professional training in range of starting the company and law and economic aspects of running it.  Providing the advisory help: the study of business plans, legal and financial aspects of running the business, gaining the capital for development,  Preparation of presentation of business plans to “Investment Forum”,  Collecting the business plans,  Opinion the business plans by the Expert’s Panel,  The choice the best the business plans by Committee,  Announcement of results of Stage II,  Rewarding the laureates of competition: - office facilities in Wroclaw Technological Park. - office facilities in Wroclaw Technological Park. - providing trainings and the advisory help in range of running the - providing trainings and the advisory help in range of running the business and gaining the funds for development). business and gaining the funds for development). - financial rewards gained from the sponsors (Municipal Office and the - financial rewards gained from the sponsors (Municipal Office and the local bank) local bank)

6. Business Plans are awarded in two categories: open (no limits participation) open (no limits participation) student (student business plans) student (student business plans) The proposal can be awarded only in one category.

7. Investment Forum The laureates of competition will be invited to closed meeting with organisations and companies investing in businesses in different phase of development. The most desirable are representatives of funds: - Venture and Seed Capital - Business Angels The aim of forum is presenting by laureates of competition their business plans to potential investors. After every presentation there will be time for questions and discussion. For laureates of competition it will be the great opportunity of verification their ideas, and on the other hand for investors it will be an opportunity to meet in short time the best projects chosen in the competition.

8. Expected results The organisers expect, that in result of project there will be created several new technology based firms in a type of start-up, spin-off. The organisers expect, that in result of project there will be created several new technology based firms in a type of start-up, spin-off. The result of the project will be rising the consciousness in area of entrepreneurship as well as the dissemination the idea of creating of innovative companies. The result of the project will be rising the consciousness in area of entrepreneurship as well as the dissemination the idea of creating of innovative companies. It is estimated, that in result of Investment Forum several firms will gain funding. The handbook and report describing methodology of support of innovative firms will be also the result of project. It is estimated, that in result of Investment Forum several firms will gain funding. The handbook and report describing methodology of support of innovative firms will be also the result of project.

9. Thank you for your attention Tomasz Wiśniewski Wroclaw University of Technology Wroclaw Centre for Technology Transfer  Tel.: (+48 71) 320 41 88  Fax: (+48 71) 320 39 48  E-mail: t.wisniewski@wctt.pl t.wisniewski@wctt.pl  www.wctt.pl www.wctt.pl