Wim De Waele / iMinds
Creating digital innovation clusters in Europe.
Nagranie z konferencji infoShare 2013 w Gdańsku.
Recorded at infoShare 2013 conference in Gdańsk, Poland.
2. ICT is the driving force
of innovation in many
sectors of society
3. The required eco-system
11/07/2013 3
Entrepreneurs
Venture
Capital
Investors
Professions
Government
Management
Large pools
of private
capital
Public Stock
Markets
Major
Corporations
Strategic Investors
R&D Centers
Potential Acquirers
Universities
4. Wim De Waele
• Male
• 15 years in 1978
• Visited city library twice a week
and read between 5 to 10
books weekly
• Watched 10 to 15 hours of TV
• Did not practice enough
sports, and spent most much
time running a youth club
• Bought his first computer in
1982
5. Ruben De Waele
• Male
• 15 years in 2011
• Visits city library and reads
one book a quarter (at most)
• Watches 10+ hours of TV or
DVD a week
• Spends all the time his parents
allow him to gaming
• Practices sports when not
gaming
6.
7.
8.
9. iMinds wants to create
a lasting and positive impact
on society through
ICT innovation
9
11. iMinds is truly an
INTERNATIONAL RESEARCH COMMUNITY
USA
Belgium
France
Netherlands
Greece
Italy
Turkey
China
Sri Lanka
Spain
Japan
Germany
Ecuador
Colombia
Serbia
India
Romania
Iran
United Kingdom
Brazil
Vietnam
Palestine
Pakistan
Croatia
Bulgaria
Sweden
Poland
Mexico
Israel
Hungary
Egypt
Switzerland
Belarus
Austria
Slovakia
Portugal
Algeria
Czech Republic
Canada
Argentina
Tunisia
,
Syrian Arab Republic
Singapore
Russia
Malaysia
Congo
Hong Kong
Myanmar
Ethiopia
Finland
Macedonia
Latvia
Lithuania
Grenada
Côte d'Ivoire
2012
iMinds is truly an
INTERNATIONAL RESEARCH COMMUNITY
USA
Belgium
France
Netherlands
Greece
Italy
Turkey
China
Sri Lanka
Spain
Japan
Germany
Ecuador
Colombia
Serbia
India
Romania
Iran
United Kingdom
Brazil
Vietnam
Palestine
Pakistan
Croatia
Bulgaria
Sweden
Poland
Mexico
Israel
Hungary
Egypt
Switzerland
Belarus
Austria
Slovakia
Portugal
Algeria
Czech Republic
Canada
Argentina
Tunisia
,
Syria
Singapore
Russia
Malaysia
Congo
Hong Kong
Myanmar
Ethiopia
Finland
Macedonia
Latvia
Lithuania
Grenada
Côte d'Ivoire
201255 nationalities
12.
13. iMinds is member of the EIT ICT Labs
Education
Research
Business
STRATEGY TO CALL 2014:
Incubation & Entrepreneurship
Living & Experience Labs
Health & Wellbeing
iMinds associated
partnership to NL
node & 60 innovative
ICT actors in Europe
14. Employment Urbanization
Ageing
Society
Globalization
Public health
for all and
well-being
Environment
Cloud
computing
Internet
of Things
Big Data
Connectivity
& Sensor
systems
Security &
Privacy
Social
& context
based IT
iMinds focus: ICT and five vertical markets
Societal challenges
Markets
Technologies
Leveraging our research assets in multiple markets
15. Addressing top priorities with digital innovation
Residential digital applications & mobility
City infrastructure & e-City
New production (3D printing, robotics) & logistics
Virtual factory, optimization & automation
Patient-centric Care & Wellbeing
Hospital MedTech & Pharma Lifesciences
Broadcast, Print & on-line
Production & Gaming companies
Smart Grid Networks with security & resilience
Residential Smart Homes & electrical cars
Telecom, IT infrastructure & Cloud providers
Web & Application software companies
16. From idea to business: our innovation toolbox
5+ years …1 yearTime-to-market
Strategic
research
Incubation &
Entrepreneurship
Applied
Research
Pre-competitive
testing
Knowledge-
driven
Explorative
Basics for
applied research
Training &
coaching
Financing
Facilities
Networking
Internationali-
zation
Business-driven
Interdisciplinary
Demand-driven
Cooperative
Proof of Concept
Large-scale user
trials & living
labs
Evaluate
technical
feasability
Simulations
21. Europe will have to wait for an
entrepreneurial culture like
Silicon Valley’s.
The beginnings of such a
culture have taken root in
recent years.
Economist Feb 2011
22.
23. Research to entrepreneurship: instruments
23
(ICON) Research
Opportunity
recognition
iStart
iBoot
Discover business
opportunities
Launch a startup
company
Grow a company
Draft business
proposition
1
2
3
4
Business
Acceleration &
Internationalization
25. Opportunity recognition workshop
Goal of the workshop?
Discover business opportunities
for the technology developed in
the ICON project
Develop entrepreneurial skills of
researchers and Ph.D. students
Format: Focused workshop
combines teaching of methodologies
and concepts and the hands-on
application
25
Part of Doctoral
school program
at several
universities
26. iStart Incubation program
Focus on business (plan) development
Training and coaching
Entrepreneur-in-Residence (EiR)
6-18 months, max. €50K
4 calls per year
Conditions to
participate:
Mature ICT-related
idea
Technological
Proof-of-Concept
(PoC)
27. iStart projects facts and figuresiStart projects facts and figures
Call Q4
2011
16 registrations
10 projects through
to 2nd round
4 projects selected 2 projects signed the
incubation agreement
Call Q1
2012
17 registrations 10 projects through
to 2nd round
4 projects selected
4 projects signed the
incubation agreement
Call Q2
2012
14 registrations 9 projects through
to 2nd round 4 projects selected 3 projects signed the
incubation agreement
Call Q3
2012
5 registrations
5 projects through
to 2nd round 2 projects selected
2 projects signed the
incubation agreement
Call Q4
2012
18 registrations 8 projects through
to 2nd round
3 projects selected
3 projects signed the
incubation agreement
numerous projects
registered before the iStart
call system was introduced
10 projects selected 9 projects signed the
incubation agreement
Call Q1
2013
19 registrations 8 projects through
to 2nd round
6 projects selected
6 projects signed the
incubation agreement
28. What can iMinds do to help you grow your startup?
Identifying growth opportunities and tailored coaching
track as part of the Flemish Gazelle program
Access to finance through coaching and networking
Growth through Smart Innovation
iCubes office facilities
11/07/2013 28
Acceleration program – grow local
29. 11/07/2013 29
Acceleration program – go global
International coaching, facilities, introductions,
networking and tailored business development
GO WEST
Partnership with
Local incubators,
supported by FIT
GO EAST
Singapore office
European network
of incubators
32. iMinds created 12 new companies in 2012
54
32
12
APPLICATIONS
& FIRST ROUND
INTERVIEWS
SECOND ROUND
INTERVIEWS
TokenPKI
12 NEW
COMPANIES
33. • Point-of-sale solution for
restaurants and bars
• Cash register and business
intelligence in 1 tool
• Company founded Sep 2012
• Large distributor deal with
Griffin Technologies
• Horeca Expo Innovation
Award Service 2012
• Reseller contracts worldwide
• More than 15,000 app
downloads
• Software-as-a-service app
• Integration with back-end,
printers, menus and much
more
• Mobile integration
• Business reporting
• iStart Incubation Program
• Go West
internationalization
program
• Startup Garage resident
OBJECTIVES KEY RESULTS
APPROACH KEY ELEMENTS
POSiOS
Restaurant POS company – iMinds spin-off
www.posios.com 3311/07/2013
34. • Point-of-sale solution for
restaurants and bars
• Cash register and business
intelligence in 1 tool
• Company founded Sep 2012
• Large distributor deal with
Griffin Technologies
• Horeca Expo Innovation
Award Service 2012
• Reseller contracts worldwide
• More than 15,000 app
downloads
• Software-as-a-service app
• Integration with back-end,
printers, menus and much
more
• Mobile integration
• Business reporting
• iStart Incubation Program
• Go West
internationalization
program
• Startup Garage resident
OBJECTIVES KEY RESULTS
APPROACH KEY ELEMENTS
POSiOS
Restaurant POS company – iMinds spin-off
www.posios.com 3411/07/2013
36. iMinds generates follow-up financing
x 4.7 in 2012
Incubation financing
Follow-up financing
1069
800
2450
925
Private capital
Other public capital
Spin-off financing
(SOFI)
iStart
(x 1,000 €)
37. Seven Forces disrupting venture capital
First, we have Amazon: It’s cheap to build, host, test, and optimize
software
Secondly, Angel Investors: Once a products gets to some proof of
concept, an entrepreneur can raise seed funding from an incredibly
wide range of sources.
Third, we have AngelList: Social software pairing investors and
investment opportunities
Fourth, we have Kickstarter: crowdfunding
Fifth, there’s Y Combinator: sophisticated incubators
Sixth, is “New” Venture Capital: operationalizing services such as
business development.
And, finally, seventh are secondary markets: liquidity
Semil Shaw TechCrunch April 2012
So, as I ‘ve just told you we had our offsite event / meeting in October last year.During that event / meeting we discussed our strategy for going forward. Probably you know that, as a result of this offsite meeting / event, we have set up a number of strategic task forces. We see that ICT is everywhere. ICT is becoming a key function in all sectors of (our) society. And it is transforming (has transformed) everyday life (It’s getting everywhere in our personal lives.)We can state that ICT is a driving force of innovation in all sectors of our society. It’s not just about telecommunications, or about IT platforms. No, “ICT is everywhere”.
1985, I graduate from University and am convinced by my professor to go into research. Easily impressionable I go for it and end up doing research in artificial intelligence. At university all I have is an IBM PC with 640K of RAM to do this but my professor is ahead of his time and a strong believer in cooperation with industry. I end up at Siemens Corporation, who have money to pay for an Apollo Workstation, Apollo later got acquired by HP, which seem to have a bit of an identity crisis themselves now.
iMinds is indispensible in our modern society. By using computer programs and the Internet, we are able to work more efficiently, adress the bigger mobility issues and give better medical diagnose. ICT – and the Internet in particular – changes the way we communicate and the media we consume. A telephone at home is more than often replaced by Skype, television by Youtube and the paper by blogs. All around the world the growth in the ICT-sector contributes to the employment and the GNP (Gross National Product). Unfortunately, Europe is running behind the USA and Southeast Asia in the field of ICT. The main reason why the Flemish government invests in ICT research and development. Flanders has the ambition to become an important international player in this sector. This is whereiMinds steps in.
Definition of projects: All demand-driven projects since the start of iMinds (formerly IBBT). In other words: all internally financed projects (except ISBO) and all externally financed projects.Partners:Number of unique external partners.Start-ups = seeds + spin-offs37 Seeds:All signed iStart and iStart light projects/companies, including the former iProofs. 14 Spin-offs:As reported in the KPI report begin 2012. 17iMinds is indispensible in our modern society. By using computer programs and the Internet, we are able to work more efficiently, adress the bigger mobility issues and give better medical diagnose. ICT – and the Internet in particular – changes the way we communicate and the media we consume. A telephone at home is more than often replaced by Skype, television by Youtube and the paper by blogs. All around the world the growth in the ICT-sector contributes to the employment and the GNP (Gross National Product). Unfortunately, Europe is running behind the USA and Southeast Asia in the field of ICT. The main reason why the Flemish government invests in ICT research and development. Flanders has the ambition to become an important international player in this sector. This is whereiMinds steps in.
To end this part, I would like to mention that iMinds attracts people from all over the world , which (. And this) results in a significant brain gain for Flanders (is a brain engine for Flanders.)Currently, iMinds employs people of about 50 different nationalities (we already have about 50 nationalities present.)If we want to (do) / perform even better in the future, if we want to boost our technical and scientific excellence even more we have to keep attracting the best talents from all over the world.
Aims:Creating a new bread of entrepreneursEnabling excellent and multidisciplinary teams to develop breakthrough ideasSupporting innovators all the way to the market. Activities: EIT Master schools, living & experience labs, testbeds & simulation tools, softlanding & entrepreneurial education
The five market segments Media, Health, Manufacturing, Energy and Smart Cities are so-called vertical market segments. ICT is everywhere and becoming a key function in all sectors of (our) society. ICT is nowadays also called an enabling technology. Our organization has been market and demand driven from start, therefore it makes sense to segment the market based on (types of) industry and societal relevance.Developing a strategy is about focusing and making choices. It is impossible to be active in all (vertical) market segments. A coherent and focused strategy is required, so that we are able to leverage the know-how that is present at the institute and build up expertise in selected fields. There are two main elements that have played a role in selecting market segments.Firstly, ICT should respond to global trends and societal challenges and offer solutions. It is our core belief that ICT is the driving force of innovation in various sectors of society. Moreover, our organization’s mission states: iMinds wants to create a lasting and positive impact on society through ICT innovation. iMinds has carefully identified a number of grand societal challenges on the national and European agenda, such as our ageing society or unemployment. Additionally, iMinds is characterized as a demand-driven institute. The selected segments should therefore address local needs and value creation of research outcomes should be possible in Flanders. In short, there is a socio-economic relevance of the 5 verticals in Flanders and in Europe.Secondly, in the selection of iMinds vertical market segments, obviously the iMinds skills and competences should create substantial value. ICT cannot (yet) play a vital role for each societal challenge or in each industry.As a result, four of the selected vertical market segments are clear B2B markets, while the Smart Cities segments represents a current (EU) policy domain.Besides ICT we defined five vertical markets, namely media, healthcare, energy, smart cities and manufacturing.On the slide (projected behind me) you can see the relation between those five segments, and societal challenges and technologies.The same technology can be applied in different segments – and one segment can contribute to different societal challenges. First and foremost we are a strategic ICT innovation center. This is our core business. We help transferring technologies to ICT companies, and we help creating new ICT companies. But within the context of our cooperative research, like our ICONs, we will focus on ICT in combination with one of the five defined markets.These market segments will replace our former application domains. Compared to our application domains, Mobility and Social & Secure Software have been left out in this picture. In our belief, Mobility should from a residential perspective be covered in the Smart Cities segment and from a transport perspective in the Manufacturing segment. Security is a domain that should in essence be covered throughout all segments.
Media is covered in different iMinds Research Groups, such as MMLab or EDM. Recently our efforts in the field of media got re-inforced by the establishment of the Media Innovation Center, MIX. Media also includes topics like learning, culture and gaming, by the way.In the Healthcare segment, iMinds has a strong position in all elements. Life sciences, medical technologies – but also care and well-being as explained before in this talk.Energy and Smart Cities are markets in which iMinds also operates for a while. Manufacturing, however, is a new market segment for iMinds.New manufacturing methods, e.g., additive manufacturing, challenge old the economies of scale assumptions for manufacturing, as each item can be different at little or no extra cost, what is commonly referred to as mass customization. iMinds holds a strong position in several of the sub segments related to the factory of the future, most notably being the field of Logistics.
Let’s move on to our Fourth achievement of the year.In 2012 iMinds helped setting up 12 new companies as part of its seed incubator program.Last year, we received 54 applications of candidates who were asking iMinds to help establish their company.Twelve companieswereat the end selected, not onlygivingFlanders an economicboost, but alsorepresenting the growing entrepreneurial spirit in Flanders.
iMinds not only helped setting up those 12 companies, but also assisted them in fnding follow-up financing. As you can see, we invested one million euro and an amount of 4 million euro was contributed by external investors (was found externally.)