innovation across borders - session 7 jawahar toronto east west inno bridge rmp jawahar, india
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Innovation across borders - A global conference for small and medium Enterprises
Toronto, Ontario, Canada 24th, 25th February, 2011
Incubators
SMEEntreprnr
Prof YYY
ZZZ
XXX
Fund
SME Entrepreneurs:Social and EconomicInnovation Leaders
GNEC-STEP, Ludhiana
Thepar Inst., Patiala
HBTI-STEP, Kanpur
BIT-Mesra, Ranchi
ICRISAT,Hyderabad
STP-Pune
SINE-Mumbai
CIIE-IIM, Ahmedabad
NDBI-NID, Ahmedabad
MANIT-STEP, Bhopal
JSSATE-STEP,Noida
STEP-IIT, Roorkee
BITS-Pilani
GIAN, Ahmedabad
Nirma Labs,Ahmedabad
NSIC, Rajkot
MITCON, Pune
NEDFI, Guwahati
CMERI, Durgapur
STEP-IIT, Kharagpur
BEC-STEP, Bagalkot
NITK, Surathkal ICICIKP,HyderabadARCI,Hyderabad
Composite Tech Park, Bangalore
SJCE-STEP, Mysore
TBI-NITC, Calicut
TBI-Anna Univ, ChennaiVIT-TBI, Vellore
PSG-STEP, CoimbatoreTBI-KEC, Perundurai
TREC-STEP, Tiruchirappalli
PMCTech-TBI, Thanjavur
Madras Univ, Chennai
E-Health, Bangalore
Shriram Instt TBI, Delhi
Univ
Hyderabad TBI APTDC-TBI,Hyderabad
TechnoPark-TBI, Trivandrum
Amrita-TBI, Coimbatore
SME Incubators Network
Indian Experience in
Awards won by TREC-STEP
Best Incubator Award 2001 Best Innovation Award 2002
Best Entrepreneur Award 2003
UKBI International Champion of BI 2007
World Bank - Devlpmnt. Mkt. Place Award 08
EOS Award - Best Success Story Award @ Lyon France
• Capital• Machinery• Management
• Land• Labour• Natural Resources
• Science & Technology• Innovation• Entrepreneurship
Agricultural Economy
Industrial EconomyIndustrial Economy
Knowledge Based Innovation Economy
Democracy
Barbarism Savagery Slavery
Imperialism
Standing on the
Shoulders of the Giants
Peter Drucker
Adam Smith
“ Innovation is the vehicle for entrepreneurship …”
“ It is not from
the benevolence
of the butcher,
the brewer, or
the baker that
we expect our
dinner, but from
their regard to
their own
interest.”
• Dynamic Tech Entrepreneur
• Rich Business & Tech. Expertise
• Motivated Team
• Growing Market
• Reputed Firm
• High Funds Requirement
• Good reputation
with Banks, Suppliers
• Provides Growth, Wealth,
Employment and hope
Common Production Facilities
Nursery
Incubators
Training & Knowledge Inputs
Youth with • No Experience• No Business Knowledge• No Team • No Funds• But Big Dreams
Counselling & Escorting
Messengers, Mentors and Models
TDB Incubation
Fund
TeppInnovation
Fund
Tech Angel Network
1. Vinayapandi New Tool Inserts
2. Aravind Coolant Recovery
3. Dr Subhas Nano Molecule Scaffolds
4. Augustine Bio Mining
5. Jeya Kannnan Extrn of Titanium Oxide
6. Dakhsina Manft. Systems
7. Karthik Digital X rays
8. Paneer Bio Fuels
10. Rayar New Sago Process
11.Nandhini New Geo Instuments
Year Turnover Employment
2008-09 0 0
Reality Now . . .
2010 10 ml 100 Jobs
Cumulative Dreams . . .
2016 100 bl. 100,000
jobs
0
5000
10000
15000
20000
25000
30000
START UP Companies in a Incubator
are not small companies ;
They are large companies
which happen to be small now
--
Rustam Lalkaka
Business Incubators
Entrepr-eneurs
Academics
Serv.Providers
Facilities
Emp - loyess
VCs/Funds
Business Incubator with and through K’ SME
The Rainbow Equation …!
BI Investment
After5 to 7 years
Tax Revenue to Governments ( Profit, Turnover, Manufacturing Taxes)
Innovation : New products / processes
pobJ s 030 er m l n .
I n v e s t m e n t
Government & Society
Community
Regional Development
Human Development
PhysicalInfrastructure
Connectivity to
New marketsand
Others
Intellectual Infrastructure
EducationTrainingSkillsKnowledge NetworksResearch InstitutesSocial Vision and The Will
Cultural Infrastructure
Risk CultureInnovationAmbienceVenture MindSocial Recognition & Reorgiztn
Financial Infrastructure
Angel FundsVenture FundInnovation FundIncubation FundTech. Bridge FundInvestments
Business and Social Environment
Country Performance Country Performance
Innovation andEntrepreneurial SMEs
waiting to be Unleashed 300 to 400 Million $
SME IncubationInvestment1 milion $
BUTTERFLIES:Once a little girl saw a pupaShe was watching it for many hours as the butterfly inside was struggling to come out.Then it got stuck. Wanting to help the butterfly she cut open the cocoon and freed it.BUT ALAS! IT COULD NOT FLY AND IT NEVERWOULD.
The Butterfly’s struggle to get through the small opening is nature’s way of forcing fluid from the body to its wings, so it would be ready for flight.
Next day the same thing happened ….
She saw another butterfly struggling to come out.She can not do anything.
She stood there shouting and yelling“ Come on“, “Be carefull”, “Don’t get hurt”, “Keep it-up”, “No-No”, “Yes-Yes” ,“Prepare a Business Plan”, “No good strategy”…
Finally the butterfly came out and started flying beautifully. … She was in laughter and tears.
The Butterfly came , sat on her
shoulders & said
“ Thank you, I became a
butterfly only because of you ! ”
Incubation Delivery System
EurOffice Services :Opening International Markets for
Innovative SMEs
Venture Internationalization
Networking Standardization IncubationInternationalization Processes
Basic Model
• Special Elements
• Contact Match Making
• Focus on Domains
• Stream Lining
• Enhancements
Technical and Marketing Networking Services1. Sunset Network Sessions
25 Startups2. AIMs Academia Industry Meets
Mentoring Services
Databases of Mentors and Technology Advisors 11
Entrepreneurs – 15
Pre Matching Process – 18
Active On-Going Mentoring - 9
Personal Business Advisor
1. GloTech – Augsutine – Bio Mining
2. Innova – Dakhsina – Manu Soltn.
3. Pure Tech – Arvind – Enviro Solutions
Coaching Towards Global Markets1. GloTech – Augsutine – Bio Mining2. Paneer Selvam +1 – Bharath Agro Products3. Pure Tech - Arvind - Enviro Solutions
“Science Parks & Business
Incubators
are the
GREATEST INNOVATION
of the 21st Century
Industrialization ”
- Jiang Zhameen,
Former Chinese Premier