pre venture program nano-tera 2013

7/28/2019 Pre Venture Program nano-tera 2013

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Swiss Research Program

Engineering Multi-Scale Systems in Health, Security, Energy and the Environment

Pre-Venture Program

Roland Pesty, Coordinator


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Fostering the creation of economic value out of scientific and technologicalresults generated within the Nano-Tera.ch program.

Focuses on the support for the creation of start-ups by PhD and Post-Docactive in Nano-Tera.ch RTD projects.

Strong complementary with existing funding programs such as VentureKick,EPFL Innogrants, ETHZ Pioneer, etc. All these programs have confirmed

that their major difficulty is to acquire strong applications corresponding totruly interesting/viable business ideas.

Pre-Venture Program


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Discovering the path to success

01 02 03 04 05 06 07 08 09 10 11 12 01 02 03 04 05 06

2014

Phase 1: Screening of Venture Ideas

Phase 2: Analysis and First Descript ion

Phase 3: Dissemination - Making visib le to the Swiss innovation ecosystem

Phase 4: Help produce high-quality applications

Annual Meeting

12

9 Business Ideas

4 highly supported Business Ideas

3 Business Opportunities supported

by the Swiss Innovation Ecosystem.

Annual MeetingIndustrial Workshop

respectingl

aboratories

constraints


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The Swiss Innovation EcosystemBy Herv Lebret, [email protected] and Entrepreneurship labsBy Matthias Hlling, Tech Transfer Office ETH [email protected] Entrepreneurship Training ProgramBy Jean-Philippe Lallement, prsident de lassociation des incubateurset parcs technologiquesSwissparks.ch.jean-philippe.lallement@parc-scientifique.chEntrepreneur testimonyBy Francisco [email protected]

Thank you to our stakeholders
mailto:[email protected]:[email protected]


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Dont hesitate to explore the creation of your start-upNano-Tera will help you producing a high-qualityapplication and make it visible to the SwissInnovation ecosystem

Roland Pesty+41 21 693 65 [email protected]

Dont try to predict the future, create it !


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Ecole Polytechnique

Fdrale de Lausanne(Examples of)

The Swiss Innovation System

Herv Lebret EPFL Innogrants

http://vpiv.epfl.ch/innogrants

Annual Meeting

May 30, 2013
http://vpiv.epfl.ch/innograntshttp://vpiv.epfl.ch/innogrants


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What do Innovation Ecosystems Need?

Motivation Innovation Challenges

Universities and research centers of a very high caliber.

An industry of venture capital (i.e. financial institutions and private investors).

Experienced professionals in high tech.

Service providers such as lawyers, head hunters, public relations and marketing

specialists, auditors, etc.

Last but not least, an intangible yet critical component: a pioneering spirit which encourages

an entrepreneurial culture.

Source: M. Kenney Understanding Silicon Valley, the Anatomy of an Entrepreneurial Region,in chapter: A Flexible Recycling by S. Evans and H. Bahrami

Ingredients of tech clusters


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A template for Innovation Systems

An ec os ys tem templa te

Polesof excellence

Training

Incubators& coaching

Funding ofresearch

Financiers

Generate Develop Launch Grow

Innovation &Tech. T ransfer

University

From Bernard Surlemont et al., les "Spin-off acadmiques" (in French)


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A rich and dense ecosystem

The EPFL ecosystem

Polesof excellence

Training

Incubators& coaching

Funding ofresearch

Financiers


Innovation &Tech. T ransfer

More on http://vpiv.epfl.ch/files/content/sites/vpiv/files/shared/vpiv/pdf/Innovation-around-EPFL.pdf
http://vpiv.epfl.ch/files/content/sites/vpiv/files/shared/vpiv/pdf/Innovation-around-EPFL.pdfhttp://vpiv.epfl.ch/files/content/sites/vpiv/files/shared/vpiv/pdf/Innovation-around-EPFL.pdfhttp://vpiv.epfl.ch/files/content/sites/vpiv/files/shared/vpiv/pdf/Innovation-around-EPFL.pdfhttp://vpiv.epfl.ch/files/content/sites/vpiv/files/shared/vpiv/pdf/Innovation-around-EPFL.pdfhttp://vpiv.epfl.ch/files/content/sites/vpiv/files/shared/vpiv/pdf/Innovation-around-EPFL.pdfhttp://vpiv.epfl.ch/files/content/sites/vpiv/files/shared/vpiv/pdf/Innovation-around-EPFL.pdfhttp://www.parc-scientifique.ch/http://www.ccmx.ch/http://mot.epfl.ch/http://www.imd.ch/http://cdm.epfl.ch/http://www.venturelab.ch/http://www.epfl.ch/


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The EPFL Valley of Death

Basic

Research

Applied

Research

Proof of

Concept /

Business

Case

Prototype

Founders

Research

GrantsDevelopment

GrantsPreseed

Grants

Friends,

Family &

Fools

Prototype

Founders

Product

Development

Company

Fast Growth

(Revenues,

Employees)

Business

Angels,

Seed VCs

Early Stage

VCs,

Corp.

Partners

Late Stage VCs

( M&A / IPO)

Valley of Death

Innogrants

TTO

Start-Upfoundation

FundingInnovation &Tech. T ransfer

Enable accelerating TT


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Early and continuous commitment of EPFL

Innovation &Tech. T ransfer A s tr ong com mitment

2012: The Forge

2011: VPIV moves to Innovation Square

2010: EPFL Innovation Square2009 : the Garage

2008 : seed fund

2007 : revised TT regulations & overhead policy

2006 : new partnerships : endowed chairs, indus. Incubators

2005 : centers, programs, Innogrants, TT Alliance

2004 : vice-presidency for innovation and tech. transfer (VPIV)2003 : legal framework adapted for efficient TT

2000 : first equity deals

1999 : rules for remuneration of inventors and labs

1999 : entrepreneurship courses

1998 : technology transfer : creation of the TT office (SRI)

1997 : coaching for early stage start-up projects

1995 : pre-seed money for start-up projects : foundation FIT

1993 : IP strategy / licensing

1991 : science park created : foundation PSE

1988 : policy for research contracts & partnerships

1986 : two first major strategic industrial partnerships

1986 : industrial liaison program : Cast / association APLE


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The most precious resource: time!


Pedro Bados (Nexthink) is a clear illustration of the

critical role of a friendly ecosystem.

Sept 03: Invention disclosureMarch 04: Option for License

April 04: Patent filing

Janv. 04: contact with an IT

expert

May 04: publication in

Dialogue newsletter

Mar 04-Jun 04: coaching PSE

financed by EPFL

Sept 04: cration de NEXThink SA

Avril-Sept 04: label STI SU

Dec. 04: Laureate de la startup competition

Jan 05: 1st pilots

with customers

Dec 04: contacts with VCs

Jul. 07: 2nd round

CHF 6M

April 06: 1st round

CHF 1.6M

Jun 04: Loan of CHF100k

I t takes t imeEntrepreneurship


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The Innogrants Background

Innogrants The roots

http://vpiv.epfl.ch/innogrants

The Innogrants were created in February 2005 by EPFL with the support of Lombard Odier to:

- award grants that would encourageidea creation and help ideas to be developed,

- organize events facilitating the evolution of the innovation and entrepreneurial culture.
http://vpiv.epfl.ch/innograntshttp://vpiv.epfl.ch/innogrants


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Many friends

Innogrants Sponsors


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Facts & Figures

STI (Engineering); IC (Computer Science Communications); SV (Life Sciences);

ENAC (Environment & Architecture); SB (Basic Sciences);

CDM (College of Management de Technology)

More than 400 requests

60 grants (CHF5.5M)

32 companies created

CHF 15M in new grants

CHF 35M in equity

Innogrants Proposals & Grants


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The MICS Spin Fund

SNF NCCR MICS

http://www.mics.org/spinfund

16 projects (CHF 1.9M)

7 start-ups, 29M equity

Similar to the Innogrants in the IT field,

managed by EPFL, Swiss-wide; ended in 2012.

Innogrants
http://www.mics.org/spinfundhttp://www.mics.org/spinfund


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Its also about role models

Innogrants http://vpiv.epfl.ch/ventureideas Events
http://vpiv.epfl.ch/ventureideashttp://vpiv.epfl.ch/ventureideas


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Drink local, think global

Innogrants Global thinking


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CTI's three instruments to fosterinnovation


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CTI promotion instruments in theinnovation chain


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Tailor-made training modules


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Business Creation Business Development


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Business Creation

Launching a high-tech or innovative start-up

Master business and management skills

Professors, Startup Coaches, Entrepreneurs

Light on theory, focus on practical coaching

Work on your own projects

5 x Lausanne, 2 x Geneva, English and French


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Business Creation

Day 1 Leadership, Introduction to Business Plan

Business models, strategic options

Day 2 Market Analysis & Digital marketing

Product Development

Day 3 SalesOrganization

Day 4 Finance key hypotheses and drivers, funding options

Negotiation, Presentation tips

Day 5 Legal and IPR

Presentation to J ury


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Business Development Reach new milestones, new markets

Proven value proposition and revenue

Learn skills to achieve growth

Professors, Startup Coaches and

Entrepreneurs

Work on your own projects

3 x Lausanne


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Business Development

Day 1 Growth and internationalization

Cooperation strategies

Day 2 Scalable business models

Indicators and improvement processes

Business intelligenceDay 3 Organization in the growth phase, improvement processes

Sales - Sectorial mechanisms & models

Value Proposition, sales techniques, advanced negotiation

Organization

Day 4 Growth Financing

Day 5 Personal & Team Management

Presentation to J ury


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Learn from entrepreneurs


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Information and registration

www.cti-entrepreneurship.ch / www.startuptraining.ch


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The Top 6 lessons I've learned about Entrepreneurship

1. Entrepreneurship is a mindset

2. Being an entrepreneur is primarily being a marketer

3. Don't trust your instincts; trust the data.

4. Let your company grow organically

5. Learn customer psychology

6. Don't let money be your motivation

Recommended reading:

The Personal MBA, by Josh Kaufman

SPIN Selling, by Neil Rackham

Influence, by Robert Cialdini

pre venture program nano-tera 2013

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