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Leiv Eiriksson Nyskaping (LEN) is the leading innovation campus in Mid Norway, connecting universities, R&D institutions, industries, and individuals. We offer business development services, incubation programs, and investment opportunities to create and develop new businesses. Contact us today!
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Presentation Leiv Eiriksson Nyskaping AS(Leiv Eiriksson Innovation) Andreas PützManager Business Development, MBA andreas.putz@len.noPh:: +47-95257070www.len.no
WHO IS LEIV EIRIKSSON NYSKAPING? Leiv Eiriksson Nyskaping (LEN) is the most important innovation campus for universities, university collages, R&D institutions, existing industry & commerce, public services, individuals and SIVA in Mid Norway • Results • Currently involved in 50 companies as active shareholders • Yearly consulting some 900 entrereneurs in start up phase • Participated in establishing approx. 115 new startups • 120 companies have been located in our incubators • Yearly involved in some 20-30 investment operations • No. of licences 60 (20 in operation)
LEN has approx 75 shareholders representing a broad range of players in the industrial, financial, academic and political sectors. WHO IS LEIV EIRIKSSON NYSKAPING (LEN)?
The Lifecycle of an entrepreneur Idea Operational Company B u s i n e s s a s i s t a n c e Birth Tight Guidance Growth Start Up Incubation Marked- introduction Operate Business Our most important task is beeing a matchmaker connecting all the necessary policy instruments needed in the different development phases to bring the idea into an operational business Consulting start up phase (2-10 h) Idea diskussions Markedcheck Cooperations Partners Courses Special programs (20-30h) Distribution Market Competitors Strategic- aliances equity Stipendiate guidance (½ year) Businessplan Developmentplan Projects Organizationplan IPR (Immatrial property rights) Sertifications • Distr. incubator • (2 years) • Practicalities • Organization • Seed capital • Network Incubator (3 years) Business- development Ownership (1-10 years) Early stage equity Seed capital Active management Investor network
THE LEIV EIRIKSSON CONCEPT Business development phase Industry development projects Start-up investment Incubator Entrepreneurial assistance Prospect development Time
CREATION AND DEVELOPMENT OF NEW BUSINESSES(The tripple Helix) • Knowledge capital • Unique knowledge • Patentable • Prototyped • Market relevant New businesses are created in this HUB between categories of capital • Financial capital • Active Equity • Risk oriented • Public funding • Bank relations • Business capital • Value chain • Industrialisation • Suppliers • Market networking • Customer relations All capitals are needed to create commercial success.
THE LEIV EIRIKSSON CONCEPT Existing industry and commerce Norwegian Centre of Expertise Instrumentation • Business development • IPR protection (patenting etc) • Market research • Business plan development • Financing • Establishment Operational Company Incubation or other programs for growth Ideas • Investment • Early stage equity capital • Seed capital • Active Management • Shareholder competence • Investor network Licensing to existing industry
AND THE CHALLENGES ARE AHEAD OF US….. Thank you!