www.anima.coop

Going international ? Key issues and recommendations from Mediterranean innovation stakeholders

Sebastien DAGAULT, ANIMA Marseille MET3 Conference, 2 April 2012

ANIMA

A multi-country, non for profit platform 79 organisations, 22 countries from both Mediterranean rims

Focus on 9 South Med Countries (from Morocco to Turkey)

Supporting innovation and entrepreneurship

Creation of the Med funds observatory, (2008-11)

500 investment funds monitored

Medibtikar activities on the financing of Innovation (2006-09)

Launch of BA networks in the Mediterranean

Invest in Med (2008-11) 18 one-year initiatives on innovation / entrepreneurship

MedVentures (2010-12) 120 Start-ups accompanied in their internationalisation

Management of the FARO (2010-12) Seed fund (1M€) for innovative partnerships France <> MedCountries

Innovation study on the Promotion of Innovation in the Mediterranean (Ongoing) 60+ Stakeholders interviewed

March 2012 2 © ANIMA 2012

Going international ? Main needs expressed by entrepreneurs

March 2012 3 © ANIMA 2012

0,0% 5,0% 10,0% 15,0% 20,0% 25,0% 30,0% 35,0%

Business partnerships

Capital (equity investment)

International marketing strategy

Connections /networking

R&D, innovation, standards

International exhibitions

Business development

Coaching, mentoring, training

Legal support

Visibility

Based on 100 business plans from 100 MedVentures entrepreneurs /2010 Check their profiles here !

Investing international ? Key issues for Angels & VCs

Deal flow Too many technical projects

Lack of good managers/business developers

Expertise

Build peer review networks

Coachs, incubators, entrepreneurs networks play a pivotal role

Develop low cost due diligence

Value creation Build strong teams

Access to international market / Co-investments

4

Going international ? Key issues for Incubators , TTOs, & Technopoles

Make strategic choices

Where to focus actions ?

Mapping key technologies and resources to mobilise

Work on the framework

Train Innovation managers

IP Management is an issue

Develop market driven innovation processes

Promote : Packaging information / Marketing

Contractualise : A need for interface /clear offers

Follow up : lack of resources and strategic vision

5

A need for regional actions on Innovation

October 2011 © ANIMA 2011 6

Shared concerns High Unemployment and entrepreneurship policies in Southern

Europe/Mediterranean

Lack of critical size & international visibility for innovation players

Pooling of resources/expertise is badly needed

Shared potential Common sector and market potential

E.g Tourism

Expertise E.g Agro-Food,

3+ million talents abroad who feel “Mediterranean “

Mobilise new players

© ANIMA 2012 7

Innovation networks are emerging Go beyond structures & borders

High skilled talents in US, Europe and Gulf Countries want to get involved Senior executives, investors, serial entrepreneurs,

Large groups are investing Get ting involved in Mediterranean innovation networks

Business angels launch actions A recent involvment around TTO and incubators

3. BUSINESS DEVELOPMENT

Giving an international dimension to Euro-Med start-ups and innovation clusters

4. COACHING & MENTORING

Building an international supporting network

ACTION PLATFORM Work by sectors

Around task forces Pooling resources

Developing distributed network

1. SOURCING

Mobilizing Mediterranean high growth start-ups, diaspora and innovation centers

2. ACCESS TO FINANCE

Boosting Euro-Med early stage investment

Around Action Platforms

Thank you for your attention

ANIMA Investment Network 11b rue Saint Ferréol 13001 Marseille – FR T. +33(0) 4 9611 6760 www.anima.coop

www.medventures.biz

www.faro-um.org

Sebastien DAGAULT sebastien.dagault@anima.coop

MedVentures , 50 partners, 15 countriesn

© ANIMA/Invest in Med 10

²

Europe European Commission, EBAN, IBAN, EIB, CDC, OSEO,

EBN, AFAEMME, CCIMP, EPA Euroméditerranée, European Business and innovation Centre network

(EBN), OSEO, Marseille Innovation, Parrainer la croissance, Provence Promotion ,

Ville de Marseille

Morocco Casa Technopark,

FCE Banques Populaires, Dayam,

RMIE, AFEM

Algeria Algerian Start up Initiative , Alinov,

Medafco, Genilem

Tunisia CONECT, CJD, API,

SAGES Capital, WikiStart-up

Egypt EJB, GAFI, Nile Capital,

ITIDA, TIEC

Jordan El Hassan

Science City, I-Park,

JEDCO, OASIS 500

Israel Invest in

Israël, TIP

Palestine PICTI

Turkey LabX, Galata, MersinBan

Lebanon Berytech,

MEVP, BIAT, Capital Trust

EuroMed ANIMA,AFAEMME, RMEM,

RMEI, ASCAME, INSME, ISPIM, BusinessMed, Bedaya

USA/World TechWadi, OECD,

MIT Arab Business Plan Competition

Syria SEBC

© ANIMA 2011

Innovation Inventory

January 2012 © ANIMA 2012 11

A database of innovation support structures, recording each actor and profile