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EU FUNDS AND LOCAL ECONOMIC DEVELOPMENT The case of Inkubator Sežana Stojan Gorup, INKUBATOR d.o.o. www.inkubator.si. 1991. At first there is only an idea. N othing is as powerfull as an idea whose time has come. Victor Hugo. History of incubation in Slovenia. A group around prof. Vahčič
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EU FUNDS AND LOCAL ECONOMIC DEVELOPMENT The case of Inkubator Sežana Stojan Gorup,INKUBATOR d.o.o.www.inkubator.si
At first there is only an idea Nothing is as powerfull as an idea whose time has come. Victor Hugo
History of incubation in Slovenia A group around prof. Vahčič Konsortium BIG (beginning of the Nineties) Inkubator Sežana – relict of the Nineties
WB + BERTELSMANN Foundation Making LED – A Trainer‘s Manual Preparation of strategy through: VISION formulation Setting of GOALS Selection of PROGRAMS and Preparation and execution of PROJECTS
4 development phases 1 4 2 3a 3b
Physical development 6.000 m2 8.500 m2 + 18.000 m2 = 26.500 m2
KOPED – Well equipped metal working company – our „Pioneer company“
HEALTH ROBOTICS – world leader of the most advanced dispensing robots in the healthcare
KYMA – From local to the global producer of components for synchrotron light sources
Change of paradigm from entrepreneurship and new jobs to innovation and high added value
Reasons for new approach Added value per employee (year 2003) FJK 52.000 € Veneto 50.000 € Primorska/ Slovenija 27.000 € • Inkubator (2004): • -Ø: 26.000 • Min: 12.000 • Max: 96.000 • 99.000 ?!!
Financial investment > 2,0 mio € Government/EU < 2,0 mio € Municipality 0,5 mio € Inkubator
Financial impact of Inkubator* For the municipality: 50.000 € NUSZ 60.000 € rent 110.000 € yearly * Only direct impact, without indirect and induced impact
Financial impact of Inkubator* For the Government: 2.650.000 € of contributions 1.050.000 of VAT 400.000 € of corporate tax 4.100.000 € yearly * Only direct impact, without indirect and induced impact
Impact on the regional economy 350 new jobs (created/sustained) 13% of the revenues of the productive companies within K&B sub-region (2010) 15 % of export of the productive companies within K&B sub-region(2010) 26% of net profits in the economy K&B (2010)
From import to export of knowledge Learning from Italian BICs and joint Cross-Border projects in the Nineties Transferring the knowledge through TA projects (Romania, Lithuania, Serbia, Bosnia and Herzegovina, Montenegro, Botswana) EBN Board of Directors
Lessons learned National framework Local partnership Local problems/opportunities From general entrepreneurship to innovation/high value added creation International donors and local support Acting as entrepreneur!