An overview of the incubation industry in Europe
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Giordano Dichter is Content Adviser at The Business Incubator Magazine. He has 16 years of experience in the incubation industry supporting private sector development ecosystems in the Balkans and as a small business enterprise consultant. His presentation focuses on the European incubation industry and opportunities for US/EU business cooperation.
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An overview of the incubation industry in Europe
- 1. An overview of the incubation industry in Europe or… …A practical way to get the information I need to decide whether to internationalize my company in Europe or elsewhere… Giordano Dichter Head of Quality and Technical Assistance European Business and Innovation Centre Network Content advisor of “The Business IncubatoR Magazine” iCANny Entrepreneurs Breakfast White Plains, NY March 13, 2013
- 2. • What is it that I should know about Europe? What exactly is Europe? • Who can help me in Europe? Incubators Accelerators Networks • But I’m not really interested in Europe… Asia Middle East North Africa • But we are clean-tech entrepreneurs! So Europe again, but not only!
- 6. It’s a complicated situation 27+(28 in June 2013) countries 27 (soon 28) national governments 27+legislations 23 official languages 11 currencies 26 countries are in the Schengen agreement… but 5 are non-EU! 100s of cultures
- 7. 26% of the EU consumers 130MLN/502MLN 5 countries alone represent: 40% of the EU B2B market 8.4MLN/21MLN P G I I S D U K F 3 countries alone represent: 42% of the EU consumers 208MLN/502MLN 28% of the EU B2B market 5.9MLN/21MLN
- 8. But then, what is it that makes Europe work? The small fish a multitude of intermediate organizations that contribute to the overall functioning system. In the entrepreneurs’ support arena: BICs, Incubators, Accelerators, Living Labs, Coworking Spaces, Tech Parks, Science Parks, Universities, Chambers of Commerce, Industrial Zones, RDAs, Local Governments…
- 9. So, who can help me in Europe?
- 12. Enquiries Feasibility studies Enterprise creation projects Business plans Start-ups Jobs created in Start-ups 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 Total 69307 97426 12461 13572 7125 7516 6989 8409 6358 5516 12668 12460 Average 541,46 749,43 97,35 104,40 55,66 57,82 54,60 64,68 49,67 42,43 98,96 95,85 Median 79,50 98,50 33,50 41,50 18,00 23,50 18,50 24,50 14,00 13,00 31,50 25,00
- 13. Fund raising: total 300MLN EUR 12.85% 35.00% 18.45% 15.00% 18.53% 27.00% 50.17% 23.00% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2011 2010 Seed capital raised Angel investment raised Venture capital raised Other capital raised
- 14. Physical Incubation Average square meters of owned incubators Average occupancy rate Average incubation time (years) 2010 2011 2010 2011 2010 2011 7549 7271 78% 63% 3,1 2,64 Tenants in incubators Employment by tenants 2010 2011 2010 2011 Total 3.937 3729 24.505 19641,00 Average 31,71 28,68 191,44 151,08 Median 23,50 21,50 98,00 83,00
- 15. Value for Money Cost per job created Public financial contribution per job created 2010 2011 2010 2011 € 12.058,79 € 10.886,64 € 8.338,79 € 7.867,63
- 16. Launched in 2004 and revised in 2008 The BIC Quality Mark Criteria the main characteristic that distinguishes the European BIC Network from others around the globe… they relate to the General Mission… innovative, innovative and innovative entrepreneurship, the Organization… visible, adequate, ppp, sustainable independent... Services... To entrepreneurs, SMEs, Signposting... Quality, tracking, benchmarking, improving... Performance and Efficiency... of the services, performances and processes
- 17. It’s all about building trust
- 21. To implement global internationalization support
- 22. But we are cleantech entrepreneurs!
- 23. So, come to Europe, or Taiwan, or Tunisia, Or Siberia, or Tatarstan, or…
- 24. From those incubators who are involved in the cleantech industry
- 27. www.ebn.eu
- 28. Questions? Thanks for the patience! Giordano Dichter Head of Quality and Technical Assitance European BIC Network +32 2 7611083 gdi@ebn.eu www.ebn.eu Content advisor and founder The Business Incubator Magazine giordano@theincubatormagazine.com www.theincubatormagazine.com www.incubationgateway.com