fiwarepamplona - training day - orizont agrifood accelerator
TRANSCRIPT
Pamplona, 1st March 2016
THE AGRIFOOD ACCELERATOR
0. What is Sodena?
1. What is Orizont?
2. Why an accelerator?
3. Why the agrifood sector?
4. The acceleration program
4.1 Duration
4.2 Financial support
4.3 Assessment and acceleration process
4.4 Partners
4.5 Facilities
4.6. Accommodation
INDEX
5. Opening soon
6. Total projects and selected ones
7. 1st Edition summary
8. Web & Social Networks
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Sodena is the financial instrument of the Navarra Government set up to promote business projects in the region.
Since its creation in 1984, it has supported 71 companies starting out with venture capital.
Its portfolio currently numbers about 50 direct investees, 28 of which are in the seed/start-up phase and it has accompanied 22 multinational companies to locate in Navarra (www.sodena.com).
0. What is Sodena?
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Orizont is an accelerator for agri-food companies in their early phases promoted by Sodena in order to boost innovative projects at the agrifood sector and reinforce it.
Our goal is to become an international standard, driving up to 8 innovative projects in each call for participation. In the 1st edition there are 6 projects being accelerated.
We are looking for projects:
› In the agri-food industry: primary and agri-industrial sectors, in addition to supply processes and sales involving innovation and differentiation vis-à-vis existing formulas.
› Local, national or international projects looking for implementation and growth in Navarra.
› The company should be already set up or in the process of being set up.
› It should have a validated business model or a model currently undergoing validation.
› With a time to market of less than a year.
› With high growth potential.
› Innovative and providing differentiating features with regard to existing solutions.
1. What is Orizont?
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2. Why an accelerator?
It is an optimal tool for promoting the entrepreneurial ecosystem and very effective in generating business network ecosystems. There are numerous acceleration initiatives of entrepreneurs in Spain, but not many sectoral examples, even less in food and agriculture.
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3. Why the agrifood sector?
+ €100Bn Turnover
National GDP Total exports Companies Jobs
8.8% 16% 28,000 2.3 M
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Its importance in the Spanish economy is key. It ranges from the primary sector (agriculture, livestock and fisheries) and the processing industry (food, drinks production) to different ancillary industries (packaging, logistics, ICT, etc.). With a turnover of close to €100Bn, it accounts for about 9% to the national GDP and employs more than 2.3 million people.
Navarra is also a benchmark in this sector, where 1,270 companies operate, there are 24,000 people working in the sector, and it has a turnover of €3Bn, making up 7.2% of regional GDP.
Navarra also has major national and international agribusiness companies, leading R&D technology centers and excellent infrastructure and communications. Moreover its location in the Ebro Valley allows to enjoy an extensive and top-quality primary sector.
Among the R&D centers which support the Orizont project are:
› National Centre for Technology and Food Safety (CNTA).
› Navarra Institute of Agrifood Technologies and Infrastructure (INTIA).
› Department of Food Science at the University of Navarra.
› Agrobiotechnology Institute of the Public University of Navarra (IDAB).
3. Why the agrifood sector?
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4.1 Duration
› Annual.
› A six-month-long acceleration program covering all the points of the business model.
› Establishing the project registered office and staying in Navarra for as long as Sodena has an interest in the capital of the company and no less than two years from the end of the acceleration process.
4.2 Financial support
› Each project may qualify for financial support for up to €110,000:
• An initial cash contribution of €20,000 made through an increase in capital, which means a 9% participation in the company by Sodena, the rest being an issue premium .
• Contribution of a usable €10,000 voucher for consulting or advisory services until 29/12/2017. These will be paid for by Sodena following proof of use.
• The provision of a participation loan of up to €80,000 which may be requested until 30/06/2017 (the final sum will be determined based on the needs of the project.)
4.3 Assessment and acceleration process
› The program is full of work sessions led by experts from The Navarra European Business Innovation Centre (CEIN) and other experts in specific areas to understand markets, create value propositions and develop personal skills.
4. The acceleration program
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The acceleration process Mentoring
Individual Tutoring
Visits to companies in the sector
focusing on matters:
packaging, traceability, logistics
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4.4 Partners
› Advisory Board: It consists of a dozen relevant pundits from the agriculture sector, technically and academically recognized or belonging to leading companies at worldwide level.
• In addition to advisory functions, setting strategy and implementing technical advice and market, the members are part of the jury selection of the final projects.
• The participation and involvement of large multinationals in the food industry in Orizont is an important difference from other similar accelerators of our country and outside our borders.
› Partner Companies: Leading companies that by their profile, achievements and interests carry out specific activities to support and guide entrepreneurs.
› Mentors: Professionals or reference entrepreneurs that due to their experience will guide entrepreneurs in the process of launching the company and its entry into the market and will provide them the keys to the success and growth of its business model.
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4.5 Location and Facilities
› Projects may be located anywhere in the region of Navarra.
› The Orizont accelerator is located in the Agrifood City of Tudela (CAT), with fully-equipped facilities for agri-food industry projects:
• Shared work space.
• Meeting room.
• Training room.
• Pilot plant for R&D and a pre-test in an industrial kitchen and laboratory.
• Multi-purpose office .
• Changing rooms.
• Access to offices.
• Access to industrial units adapted to the requirements of the agri-food sector.
• Access to the energy services of the CAT.
4.6 Accommodation
› Availability of free, tenant-ready homes close to CAT during the acceleration program.
› Nowadays 3 apartments are equipped and are being inhabited by five entrepreneurs belonging to 4 projects.
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5. Opening soon
March 2016:
› 4th March: Demo day with the presentation of the 6 projects accelerated on the 1st edition
› March: Orizont 2nd edition call 6 weeks
April – June 2016: assessment of ideas and short-list of up to 15 projects.
June 2016: selection of acceleration program participants, up to 8.
September 2016 – March 2017: Acceleration process and project mentoring.
March 2017: Demo Day.
Stay tuned!
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Last 7th June 2015 was the deadline for submitting projects to the Orizont accelerator.
89 projects were submitted:
BY COUNTRIES
6. Total projects and selected ones
AFRICA
Botswana 1
Kenia 6
Nigeria 1
8
AMERICA
Argentina 4
Bolivia 1
Brasil 1
Chile 5
Colombia 3
Mexico 1
Dominican Republic 1
Trinidad & Tobago 3
USA 1
20
ASIA
Bangladesh 1
Bhutan 1
India 1
Israel 1
Saudi Arabia 1
Singapur 1
Thailand 1
7
EUROPE
Spain 42
Ireland 1
Italy 5
Portugal 1
United Kingdom 3
52
OCEANIA
Australia 1
Papua Nueva Guinea 1
2
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PROJECT SELECTION
› A working group of analysts and then a Sodena and CEIN Committee selected 15 finalists.
› 15 were presented on 1st July to an Advisory Board, which announced the projects selected on 2nd July at the Start Day held in the Agrifood City of Tudela.
SELECTED PROJECTS:
SELECTED PROJECTS
Agriversity. Is the first online education and training platform designed to address the specific needs of agriculture. The platform offers courses for developing basic skills and advanced technical training. Ranging from tutorials and workshops to more complex courses aimed at users looking for higher qualification and companies wishing to train their staff or provide technical assistance to customers. Origin: Chile Mentor: IESE
Brioagro. It is a monitoring system of the main variables in which farmers can intervene to improve their crops, thus from your computer or mobile device you can supervise real-time evolution. It is a technology system of agriculture control. It is possible to achieve an increase of the quality and productivity of crops as well as a reduction of the environmental impact with a limited investment. Origin: Seville, Spain Mentor: Florette
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Fuvex Agro. Drones are able to save 30% of costs to farms using sensors that collect information from plants. However, drones still pose challenges to their users: cost, range, reliability and ease of use. FuVeX Agro has developed a hybrid airplane/helicopter that solves these four problems saving 50% of average costs compared to any other solution in the market. Origin: Madrid y Navarra, Spain Mentor: Congelados de Navarra y Urzante
Kiva Foods. It specializes in the production and marketing of mixes to prepare any dish at home in a fast and practical way. From pastry to savory dishes, dressings and marinades. The company is committed to preparing nourishing and tasty recipes made with natural and/or organic ingredients. Kiva ‘s philosophy is to strive to control the quality and origin of the produce as well as to adapt the recipes to the largest number of consumers, including people with allergies and intolerance to certain foods like gluten. Origin: Navarra, Spain. Mentor: Martiko
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Nutrición 3G. It is developing a genetic test designed to prevent diseases and thus promote healthy aging by a genetically customized diet. From a genetic analysis it proposes a series of precise nutritional recommendations for people interested in healthy aging and prevent future diseases and also reduce partially age-related problems such as stroke, high cholesterol, diabetes, osteoporosis, Alzheimer’s disease, lactose intolerance, thrombosis or macular degeneration. Origin: Navarra, Spain. Mentor: Consebro
Natural Functional Foods. It is a Biotech that bases its core activity on agricultural biotechnology, focusing on research, development and production of functional foods. It enhances the nutritional value of foods in a natural and respectful way with the ecosystem, improving health and reducing the risk of disease. It establishes techniques and production methods made compatible with the demands of society, protection of the environment and sustainable agricultural productivity. Origin: Valencia, Spain. Mentor: Grupo AN
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7. 1st Edition Summary
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8. Web & Social Networks
www.orizont.es/en
@Orizont_Agro #AceleradoraAgro
www.facebook.com/OrizontAgro
https://www.linkedin.com/company/orizont
