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dr. M. Claire Van de Velde
Director Valorization & Business Development IBBT
Overview



 How come BD in IBBT context
    R&D Project types:
       ICON
       Living Labs
 Business Development – iVenture




                                   2
General: IBBT - mission




    Forming highly competent human capital
    Interdisciplinary demand-driven basic research
         For ICT and broadband services
         In collaboration with companies and authorities (local
         and international)
         Offering solutions for complex problems
         Meeting the challenges from society in a better way




 Research budget:      25 M

 Critical mass:     > 700 researchers in 6 research institutes

 Proven business track record > 300 research partners

                                                                  3
Demand driven research




                   enabling
                    technologies              new media




        mobility &
            logistics




                                   e-health
Demand driven research

      INTERDISCIPLINARY approach
      technological clusters
      • networks of the future
      • advanced software technology
      • multimedia & interfaces
      non-technological clusters
      • policy & market
      • Usability
      •Total +/- 90 projects, 300
      partners, some examples
      hereafter
Project types
 Contract research
 European projects
ICON
Living labs



                     7
ICON
Projects for Interdisciplinary Cooperative Research




                                                      8
ICON Characteristics
Project initiation bottom-up from:
    Companies
    Social/cultural sector
    Users
    Customers…


Various partners:
    Large companies
    Technology providers or services
    SMEs
    Multinationals
    Non-profit organizations
    Authorities
    …

Demonstrator:
    Not a pilot ready for commercialization, but a working proof-of-technology set-
    up that shows the results in an illustrative way.


                                                                                      9
Mutable


This project aims at creating
a new software architecture
for multi-touch interaction.
This involves creating new
building blocks that
developers, designers,
artists, end-users,... need for
creating new custom
applications that take
advantage of multi-touch
technology


                                  10
Basic content:
                    Cultural event calendar
CUPID               What? Where? When?


                    Extensive content:
                    Video, review,
                    background info


                    Facilitating content:
Enriched content    Weather, restaurant
                    info, transport, …
Cultural profiles
New Services
Living Labs



              12
setting up and coordinating ICT Living Labs
Position of a Living Lab

               Open innovation ECO system

Technology                                      Needs


        R&D             Living Lab             Market


Feedback                                     Product/Service

        ISBO   Pilot Projects               Incubation

        ICON                                i-Ventures


               Flemish Living Lab on X
  3rdParty                                    3rd Party
    R&D        Flemish Living Lab on Y      Valorization
Instruments                                 Instruments
               Flemish Living Lab on Z



                                                               14
Aspects of a Living Lab

       Concept lab
                              concept design



                                                 concept
            idea generation
                                                 development




         post launch                                  production




                  launch                       piloting



     Evaluation lab
                                                          Living lab
Valorization & Business
      Development



                          16
Set of tools in the valorization funnel
R&D management
    R&D-strategy and focus areas
    GBO-consortium agreement
    GBO becomes ICON
    Contract research
    Publication count

IP management
    Raising consciousness: IPR workshop
    Caveat: Open source                                     IPR
    Patent portfolio
    Policy plan Intellectual Property
                                                           iCUBES
Business Development
    Raising consciousness and training: iSteps   iSTEP
                                                                       iNCUBATION
    Incubation projects
    Entrepreneurial training: iBoot Camp                 iBOOT      Business Development
    IBBT Incubator: iCubes
                                                                    Partner Companies
    Pre-seed financing: iVenture
                                                         iVENTURE
Awareness
                           • iStep training
                             • iBootCamp
                         • IPR-workshops
       • Special workshops (licensing, OS,
          standardization, certification, …)

  Opportunity identification
            • GBO/ICON demonstrator workshops
                    • Idea generation iBootCamp
                         • Valorization workshops
                                      • Living Labs

    Business Development
                                           • Coaching
                                         • iBootCamp
                          • Incubation projects (PoC)
                                         • Living Labs
                                 • Pre-seed iVenture
                                     • support iCubes
                                                         18
IBBT valorization funnel


                   IPR     knowledge



                 iCUBES

      iSTEP
                           iNCUBATION


               iBOOT
                                Business Development
                                Partner Companies


                iVENTURE
iPR: how?


IP searches - landscaping - analysis    Close cooperation
IP protection                           with patent attorney



IP licensing, IP agreements,     Close cooperation with law
                                 firm
TechTransfer

IP awareness - policy - procedures
IP management                              In-house

IP valorization
iPR: why?


Technological advance - improvement
                                               Sales &
Conceptual change                              Marketing


Business asset          Investment banking


Licensing
                        Additional income & Partnerships
Cross-licensing

Scientific reputation   Mainly research area
iPR: what?


                Cost       Protection   Enforceable   Content
 Patent         high       strong       yes           Idea
 Copyright ©    low        low          yes           Expression of
                                                      idea
 Trade secret   -          -            ~no           Any
 Trademark ®    moderate   moderate     yes           Name, logo


 Design         moderate   moderate     yes           Drawing
 i-Depot        low        low          ~yes

ICT



                                                                   2/9
iSTEP

Why?
   Broaden the views in our R&D activities
   Does this kind of ‘other’ activities fit with what you want to do professionally ?
   Alternative carreer path: turn some R&D people into entrepreneurs ?
   Anyhow, other professionals working in collaboration with R&D look at it in another way

What ?
    Training modules and excercises, in Business Models, finances, etc, all material related
    to ICT
    Combine iSTEP with iPR-workshops

How?
   Yearly course cycle, Enrollment via web application




                                                                                          23
Incubation projects

Another type of project
Why ?
    take some of the R&D results out of the typical ‘now the next R&D project logics’
    and work with a potential business in mind.


What ?
     project with funds for IPR-landscaping, protection, market research, business
    modelling, …
    Already interact with your clients, already get your 1st, 2nd,…lead client



How?
   Stage gated process, decisions by an incubation board.




                                                                                     24
Stage gate process of incubation projects




                             Technical         Market    Business


                            Step 1          Step 2      Step 3
  Stage 1   Investigation     Technical        Market      Venture
                              Analysis         Assess       Asses

                            Step 4          Step 5      Step 6
  Stage 2   Feasibility       Technical        Market     Economic
                              Feasibility      Study      Feasibility

                            Step 7          Step 8      Step 9
  Stage 3   Development      Engineering       Market     Business
                              Prototype         Plan       Plan
iBOOT camps

Why?
   Focus on the people with a good business idea
   Creating a business is TEAMWORK

What ?
    Idea-scouting
    Team formation
    Selective
    Teaching and coached Work on your own case

How?
   Competitive, strong ‘cadence’, strong exposure




                                                    26
Iboot : What is this New Innovation Process


                                                                                            External
  Ideas                                                                                     Venture



                      Dating            Entrepreneurial
           Gate 1                                       Gate 2                Gate 3
                      Event             iBoot Camp
                                                                                              Internal
                                                           To IBBT               Venture
                                                           Innovation Board      Launch
                                                                                              Venture
                                       Building Business
  People                               Opportunity Plan

                    Connecting
                    people and ideas



                                                                                           New
                                                                                           Project

Jan 2009              March 2009                                              June 2009
iBoot Dating Event: Connecting People and
Idea


Talented people everywhere but ... they are not
connected!




             Engineering
  Research        &        Finance   Marketing    Sales
             Development
iCUBES

Why?
   Business and R&D network
   Proximity

What ?
    Fully ICT equiped and serviced office environment

How?
   Competitive, strong ‘cadence’, strong exposure




                                                        29
iCubes:
for innovative starters and departments in ICT
Basic services
   Office space
   Parking place
   Reception
   Access control
   Fotocopier
   Telecom & internet
   Meeting rooms
   Demo-space
   ‘Flex-office for incubation projects and upcoming spin-offs

NV market conformable, together with POM (50%) and PMV
(25%)
Settlement IBBT - iCubes
iCUBES companies
IBBT valorization funnel


                   IPR     knowledge



                 iCUBES

      iSTEP
                           iNCUBATION


               iBOOT
                                Business Development
                                Partner Companies

                iVENTURE
iVenture


‘Small’ preseed IBBT investment fund (2,5 mio euro, ticket
max 300 K euro)
   Such as BI3, Gemmafrs, Baekeland, but model
   adopted specifically for ICT
Collaboration with GIMV, VINNOF
On the radar of private VC’s: QAT, Capital-E
Sources for projects

                     External
                  proposals with
                  clear synergy
                   with existing
                     projects
                    Spin out of
                     business
                  partner active in
                      research
                      projects

                    iBootcamp
                     projects




                  Spin off IBBT &
                    incubation
                     projects
Operational procedure




    1) Innovation Letter: eligibility check
    2) Innovation Committee (3 IBBT + 3
    external experts): due diligence and term sheet
    proposal
    3) Innovation Board: composition innovation
    committee + decision to invest

    short decision
    track: max. 18
    weeks
Matrix use of IBBT toolbox of pitches

                 R&D   iStep   Incub.pr.   iBootcamp   iCubes   iVenture

8seconds
Citylive
Geosparc
KPIware
Siruna
Streamovations
Tagger.fm
Tinkertouch
Userplus
Vodtec
Wishbone
                                                                     37
IBBT eco-system


                       IBBT research



                                       IBBT Valorization
   iVenture pre-seed                       toolbox
          fund




      Other VC’s                       Other innovators




                         Enterprise
                         networks

                                                           38
‘Aftercare’
Continued interaction
    Innovative starters (exchange lessons learned)
     Interaction with established big ICT integrators

   Go for international Money (VC, market)




                                                        39
Q&A



      40

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I Minds2009 Dr M Claire Van De Velde Ibbt Valorization Strategy

  • 1. dr. M. Claire Van de Velde Director Valorization & Business Development IBBT
  • 2. Overview How come BD in IBBT context R&D Project types: ICON Living Labs Business Development – iVenture 2
  • 3. General: IBBT - mission Forming highly competent human capital Interdisciplinary demand-driven basic research For ICT and broadband services In collaboration with companies and authorities (local and international) Offering solutions for complex problems Meeting the challenges from society in a better way Research budget: 25 M Critical mass: > 700 researchers in 6 research institutes Proven business track record > 300 research partners 3
  • 4.
  • 5. Demand driven research enabling technologies new media mobility & logistics e-health
  • 6. Demand driven research INTERDISCIPLINARY approach technological clusters • networks of the future • advanced software technology • multimedia & interfaces non-technological clusters • policy & market • Usability •Total +/- 90 projects, 300 partners, some examples hereafter
  • 7. Project types Contract research European projects ICON Living labs 7
  • 8. ICON Projects for Interdisciplinary Cooperative Research 8
  • 9. ICON Characteristics Project initiation bottom-up from: Companies Social/cultural sector Users Customers… Various partners: Large companies Technology providers or services SMEs Multinationals Non-profit organizations Authorities … Demonstrator: Not a pilot ready for commercialization, but a working proof-of-technology set- up that shows the results in an illustrative way. 9
  • 10. Mutable This project aims at creating a new software architecture for multi-touch interaction. This involves creating new building blocks that developers, designers, artists, end-users,... need for creating new custom applications that take advantage of multi-touch technology 10
  • 11. Basic content: Cultural event calendar CUPID What? Where? When? Extensive content: Video, review, background info Facilitating content: Enriched content Weather, restaurant info, transport, … Cultural profiles New Services
  • 13. setting up and coordinating ICT Living Labs
  • 14. Position of a Living Lab Open innovation ECO system Technology Needs R&D Living Lab Market Feedback Product/Service ISBO Pilot Projects Incubation ICON i-Ventures Flemish Living Lab on X 3rdParty 3rd Party R&D Flemish Living Lab on Y Valorization Instruments Instruments Flemish Living Lab on Z 14
  • 15. Aspects of a Living Lab Concept lab concept design concept idea generation development post launch production launch piloting Evaluation lab Living lab
  • 16. Valorization & Business Development 16
  • 17. Set of tools in the valorization funnel R&D management R&D-strategy and focus areas GBO-consortium agreement GBO becomes ICON Contract research Publication count IP management Raising consciousness: IPR workshop Caveat: Open source IPR Patent portfolio Policy plan Intellectual Property iCUBES Business Development Raising consciousness and training: iSteps iSTEP iNCUBATION Incubation projects Entrepreneurial training: iBoot Camp iBOOT Business Development IBBT Incubator: iCubes Partner Companies Pre-seed financing: iVenture iVENTURE
  • 18. Awareness • iStep training • iBootCamp • IPR-workshops • Special workshops (licensing, OS, standardization, certification, …) Opportunity identification • GBO/ICON demonstrator workshops • Idea generation iBootCamp • Valorization workshops • Living Labs Business Development • Coaching • iBootCamp • Incubation projects (PoC) • Living Labs • Pre-seed iVenture • support iCubes 18
  • 19. IBBT valorization funnel IPR knowledge iCUBES iSTEP iNCUBATION iBOOT Business Development Partner Companies iVENTURE
  • 20. iPR: how? IP searches - landscaping - analysis Close cooperation IP protection with patent attorney IP licensing, IP agreements, Close cooperation with law firm TechTransfer IP awareness - policy - procedures IP management In-house IP valorization
  • 21. iPR: why? Technological advance - improvement Sales & Conceptual change Marketing Business asset Investment banking Licensing Additional income & Partnerships Cross-licensing Scientific reputation Mainly research area
  • 22. iPR: what? Cost Protection Enforceable Content Patent high strong yes Idea Copyright © low low yes Expression of idea Trade secret - - ~no Any Trademark ® moderate moderate yes Name, logo Design moderate moderate yes Drawing i-Depot low low ~yes ICT 2/9
  • 23. iSTEP Why? Broaden the views in our R&D activities Does this kind of ‘other’ activities fit with what you want to do professionally ? Alternative carreer path: turn some R&D people into entrepreneurs ? Anyhow, other professionals working in collaboration with R&D look at it in another way What ? Training modules and excercises, in Business Models, finances, etc, all material related to ICT Combine iSTEP with iPR-workshops How? Yearly course cycle, Enrollment via web application 23
  • 24. Incubation projects Another type of project Why ? take some of the R&D results out of the typical ‘now the next R&D project logics’ and work with a potential business in mind. What ? project with funds for IPR-landscaping, protection, market research, business modelling, … Already interact with your clients, already get your 1st, 2nd,…lead client How? Stage gated process, decisions by an incubation board. 24
  • 25. Stage gate process of incubation projects Technical Market Business Step 1 Step 2 Step 3 Stage 1 Investigation Technical Market Venture Analysis Assess Asses Step 4 Step 5 Step 6 Stage 2 Feasibility Technical Market Economic Feasibility Study Feasibility Step 7 Step 8 Step 9 Stage 3 Development Engineering Market Business Prototype Plan Plan
  • 26. iBOOT camps Why? Focus on the people with a good business idea Creating a business is TEAMWORK What ? Idea-scouting Team formation Selective Teaching and coached Work on your own case How? Competitive, strong ‘cadence’, strong exposure 26
  • 27. Iboot : What is this New Innovation Process External Ideas Venture Dating Entrepreneurial Gate 1 Gate 2 Gate 3 Event iBoot Camp Internal To IBBT Venture Innovation Board Launch Venture Building Business People Opportunity Plan Connecting people and ideas New Project Jan 2009 March 2009 June 2009
  • 28. iBoot Dating Event: Connecting People and Idea Talented people everywhere but ... they are not connected! Engineering Research & Finance Marketing Sales Development
  • 29. iCUBES Why? Business and R&D network Proximity What ? Fully ICT equiped and serviced office environment How? Competitive, strong ‘cadence’, strong exposure 29
  • 30. iCubes: for innovative starters and departments in ICT Basic services Office space Parking place Reception Access control Fotocopier Telecom & internet Meeting rooms Demo-space ‘Flex-office for incubation projects and upcoming spin-offs NV market conformable, together with POM (50%) and PMV (25%) Settlement IBBT - iCubes
  • 31.
  • 33. IBBT valorization funnel IPR knowledge iCUBES iSTEP iNCUBATION iBOOT Business Development Partner Companies iVENTURE
  • 34. iVenture ‘Small’ preseed IBBT investment fund (2,5 mio euro, ticket max 300 K euro) Such as BI3, Gemmafrs, Baekeland, but model adopted specifically for ICT Collaboration with GIMV, VINNOF On the radar of private VC’s: QAT, Capital-E
  • 35. Sources for projects External proposals with clear synergy with existing projects Spin out of business partner active in research projects iBootcamp projects Spin off IBBT & incubation projects
  • 36. Operational procedure 1) Innovation Letter: eligibility check 2) Innovation Committee (3 IBBT + 3 external experts): due diligence and term sheet proposal 3) Innovation Board: composition innovation committee + decision to invest short decision track: max. 18 weeks
  • 37. Matrix use of IBBT toolbox of pitches R&D iStep Incub.pr. iBootcamp iCubes iVenture 8seconds Citylive Geosparc KPIware Siruna Streamovations Tagger.fm Tinkertouch Userplus Vodtec Wishbone 37
  • 38. IBBT eco-system IBBT research IBBT Valorization iVenture pre-seed toolbox fund Other VC’s Other innovators Enterprise networks 38
  • 39. ‘Aftercare’ Continued interaction Innovative starters (exchange lessons learned) Interaction with established big ICT integrators Go for international Money (VC, market) 39
  • 40. Q&A 40