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GlobalStart project. www.globalstartups.org. Objective of GlobalStart. To provide good support to (university spin-off) companies with a global potential. How do we approach this. Taking stock of what we already do (best practice, benchmarking)
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GlobalStart project www.globalstartups.org
Objective of GlobalStart To provide good support to (university spin-off) companies with a global potential How do we approach this • Taking stock of what we already do (best practice, benchmarking) • Identifying the needs of global startup companies (need analysis) • Developing a plan for global start-up support • Developing an implementation plan • Developing support tools Methodology
Consortium Technical University of Brno Univ. of Miguel Hernandez Elche Catholic University of Leuven University of Salamanca Technical University of Tartu University of Twente Finance Wales University of Warwick UNITED KINGDOM NEW MEMBER STATES BENELUX SPAIN
EU-Roots of GlobalStart • Leonardo Project: USOC • 4th Framework Programme: Unispin • Phare Partnership Programme: Unispin CR • Paxis I projects: • Embryo • Spinnova • As a Direct result of Use-it conference
How to provide better support to (potential) global startups: the design, validation and implementation of a scheme for the stimulation and creation of global university start-ups How can a region support a university and/or companies to reach their global potential? How do our regions do this? What can we learn from each other? What does an ideal regional support structure look like? Regional level How do our universities support spin-off companies and particularly global startup companies? How can we improve this? What do we need and what could be an ideal structure? What instruments are available to support them better? What needs to be developed? University level About the project What is a global start-up? What are the needs of global startup companies? How do they fulfill their needs presently? Venture level
Regional level How can a region support a university and/or companies to reach their global potential?
University level How do our universities support spin-off companies and particularly global startup companies? Global start-up support structures TTO Benchmarking Regional infrastructure How to implement the optimal support structure? Plan for global start-up support Gap analysis: existing versus needed support / best practices Mobilisation plan How to complete the existing support functions Inventory of best support initiatives (in/)outside Europe Global start-up needs (demand side) Literature review Case studies What kind of support is needed? How can we improve the current support infrastructure?
Venture level What is a global startup?Literature study What are the needs of the global startup companies, and how do they fulfill their needs presently?22 case studies – structured interviews in the countries of the participants.
Asper DigePring Estla ForwardThinking GeoInfo Hypertrust ICsense Medspray Metis Myoton PetCare reMYND RNATec TiGenix SDvision StreamLine Quattromed UnderGrad Utellus Waleli List of case studies Cases are confidential
Example of a case Professional Bodies: Robotics Institute, Society for Biomolecular Screening Industry Bodies: Innomedica, IBC Life Science, HTS Industry Group: Aberystwyth Qualitative Biology and Quantitative Analytical Biotechnology Group Company Ltd. Spinout Programmes: Challenge Fund, Wales Spinout Programme Universities: University of Wales, & Manchester Government Department: DTI Bio Wise Network capital of “Company Ltd”
GlobalStart Tools/Toolkit Regional level • Regional mapping instrument / checklist • Benchmarking instrument • Development plan • Quality management handbook • Marketing and promotion plan • Balanced scorecard for universities • Monitor for entrepreneurship / global startups • Self assessment tool for to identify missing GS support • functions University level • for spin-off consultants • Identification tool • Global business platform • COAP • Guidelines for technical • assessment • for (potential) global startups • Business plan model Venture level tools and mechanisms, assisting entrepreneurs and spin-off managers in the successful creation of global start-ups
Tangible Results • Reports and studies • Tools on regional, university and venture levels and toolkit • Joint Paxis workshop and dissemination materials • Increase of spin-offs with a global potential • Support of (international) growth paths of global startup companies
Intangible Results • Mutual Learning • working practice / Benchmarking / Delphi questionnaires • Awareness • local, national and regional governments • conferences (e.g. eXist – Germany) • Contacts • New Projects • Tabled and discussed: Connect, Alfa, Inno a.o. • Value of the Paxis brand • Connecting with the Excellent Regions
Testing & Validating the methodology in a pan European context Joint Paxis Conference in June 2005 in Salamanca, Spain Challenge & task: Raising interest in -new- EU countries for supporting GS companies EU dimension
Conclusions & Outlook • One more year to go! • Codifying the methodology with tools, cases and practices • European workshop FROM PAXIS TO INNO EXTENDING THE NETWORK Science to the Market