VIRTUAL SPIN-OFF INCUBATION THE CEBT MODEL JOINT PAXIS PROJECTS WORKSHOP

1. VIRTUAL SPIN-OFF INCUBATION THE CEBT MODEL JOINT PAXIS PROJECTS WORKSHOP “New Strategies for Innovation Support” Salamanca, 23-24 June 2005 Eduardo Díaz Fundación para el Conocimiento madri+d

2. Virtual incubation A program that offers: • Entrepreneurial training • Connection to investors • Networking • other business assistance services, primarily online. NBIA DEFINITION

3. CEBT: The Virtual Incubator concept • Based on regional NETWORKING of universities, r&d institutions and firms´ associations. • Regional Administration promotes and co-finances VALUE-ADDED SERVICES to individual incubators and entrepreneurship programmes. • COMMON services, procedures and assessment. • Offering both OFF-LINE and ON-LINE services. Growing importance of telematic services. • A part of a broader REGIONAL system to support the creation of NTBFs ( ).

4. : Objective Link research centres with business sectors. Four main ways of doing so: CEBT (Creation of NTBF) Innovation Circles (Technology Watch) Madrid IRC (Technology Transfer) Website Origin: RITTS exercise

5. : Structure R&D Institutions Contracts 2005-2008 CEIM R&D Regional Department as Coordinator All the partners are: Customers, because they receive the services Suppliers, because experts and researchers are the staff of the service involved Shareholders, because all of services are co-financing by the institutions Services

6. : Members involved (28) • 11 Universities placed in Madrid • UPM, UAM, UAH, UCM...etc • 12 Public Research Centres • CSIC, INTA, CIEMAT...etc • Enterprise associations (regional and national) • CEIM, Chamber of Commerce, Aniel... • Municipalities (City Councils/Halls) • 168 in the region of Madrid

7. : CEBT Action OBJECTIVES: NTBF CREATION AND DEVELOPMENT ENTREPRENEUR COOPERATION SPREADING INNOVATION CULTURE EUROPEAN PROJECTS: PAXIS, Gate2Growth CEBT INSTITUTIONS (11)

8. CEBT Action : Members involved (11) Creation of a “critical mass” • UniversitiesResearch Centres • - UCM - CSIC (National • - UPM Research Council) • - UAM - INTA (Aerospace) • - UAH • - URJC Employers confederation • - UCIII - CEIM • UNED • UPCO Other institutions: National: CDTI (Ministry for Science and Technology; enterprise oriented) Regional: Chamber of Commerce

9. CEBT Services : Policy improvement, awareness and detection of ideas • Policy improvement: Studies and action plans to improve internal NTBF policies. • Awareness: Seminars to show the way to commercialize research results and how the ideas have to be presented to the Institution. • Evaluation of Ideas: Ideas are evaluated and followed-up by each Institution. • Training of promoters: International training through Gate2Growth.

10. CEBT Services : Pre-incubation (business plan and company creation) • Training of entrepreneurs: to obtain a business plan (approx. 120h+20h of mentoring by professional consultants) and other specific courses. • Mentoring: Support to develop business plan, viability studies, etc. • IPR & Technology watch: Support by the Innovation Circles of the madri+d System, patents, etc. • Technology Transfer: Support through the IRC

11. CEBT Services : incubation (companies created within max. 2 years) • Information and Documentation:Virtual services and assistance provided through madri+d, www.madrimasd.org/emprendedores • Coaching: Support to start of activity by experts • Search for financing:CEBT has no financial support for NTBF, yet actions have been launched to help NTBF find funds (agreement with CDTI-Neotec) • Search for space: Space identification besides space provided by incubators,… • Cooperation between entrepreneurs: Meetings of entrepreneurs besides each incubator,..

12. 10 Courses for Entrepreneurs (169 attendees) 5 Courses for Promoters (61 attendees) 225 Ideas evaluated Mentoring of 207 entrepreneurial projects 46 Awareness Seminars, 2 spin-off competitions 62 Technology Based Firms created ICT (28, 12 Telco) Biotechnology, Health & Agro-food (14, 10 biotec), Environment (6), Industrial manufacturing (3), Others (11, 3 related to construction) CEBT Action: some results since 2000

13. : Learning from others´experienceSPRING Network Cambridge Stockholm Stuttgart Madrid

14. PAXIS-SPRING: Working groups Entrepreneurship (led by Dirección General de Investigación - Comunidad de Madrid) Intellectual Capital (led by Economic Development Agency Stockholm / Kista Science Park) Spreading Innovation Culture (led by East of England Development Agency) Early Stage Financing (led by Wirtschaftsförderung Region Stuttgart GmbH)

15. Monitoring NTBF creation support. Need to: • Raise awareness among decision makers • Focus data collection efforts on what is very important for any given region at any given time • Know whether or not the region is making progress towards the planned/desired objectives • Evaluate the effectiveness of NTBF support actions • Improve the quality and development impact of these actions

16. PAXIS-SPRING: Tools to monitor NTBF creation support tool • EFQM analysis (radial) • Intellectual capital analysis • Competence bearer model

17. Thank you for your attention! • Contact details • Eduardo Díaz • Head of Unit New Technology Based Firms Promotion • Fundación para el Conocimiento madri+d • Velázquez, 76 28001 Madrid • Spain • Phone: +34 91 781 65 70 • E-mail: ediaz@madrimasd.org • Web page: www.madrimasd.org/emprendedores