20090116 friday food@ibbt entrepreneurship

21
Six ways to entre(intra)preneurship

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Entrepreneurship - M.Claire Van de Velde

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Page 1: 20090116 Friday Food@ibbt Entrepreneurship

Six ways to entre(intra)preneurship

Page 2: 20090116 Friday Food@ibbt Entrepreneurship

IBBTs valorisation toolbox for business

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iPRiPR

iSTEPiSTEP

iCUBESiCUBES

iNCU-BATIONiNCU-

BATION

iVENTUREiVENTURE

iBOOTiBOOT

knowledge

business

people

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IBBT & Entrepreneurship

iPR Patent portfolio management (incl. patent use) Developing and managing IP infrastructure (incl. project IPR) Knowledge transfer en technology licenses IP culture & awareness (incl. workshops)

iStep Teaching & learning

iBootcamp Create entrepreneurial teams around your idea Validate if there is a business opportunity Format is already a success in Alcatel-Lucent and validated in 2008 by IBBT

Incubation projects Coaching and implementing real ventures

iCubes Provide space, logistic support & operational services

iVenture Preseed capital fund, operational since June 2008

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iSTEP

Why? Broaden your views on activities in R&D Does this kind of ‘other’ activities fit with what you want to do professionally ? Alternative carreer path? Anyhow, other professionals working in collaboration with R&D look at it in another way

What ? Training modules and excercises, related to ICT Combine iSTEP with iPR-workshop

How? Enroll via web application , closing date Monday 9th Feb Your CV, projects you work on, your promotor Rating by promotor Selection by commission

Page 5: 20090116 Friday Food@ibbt Entrepreneurship

iStep – Internal training entre(intra)preneurship

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Date Module

Thursday 19 February

• From R&D to business idea, prof. Bart Clarysse• Entrepreneurs: individual and team composition, prof. Hans Crijns

Friday 27 February

• Market assessment and determinating market approach, Kristien Dewolf• Developing a business model, prof. Simon Mosey

Friday6 March

• Drawing up a financial plan and financial possibilities, prof. Sophie Manigart

Subscribe via our website as from 21 January 09

Page 6: 20090116 Friday Food@ibbt Entrepreneurship

IPR workshop 27January 2009

IP protection and patentingAxel Plas & Marc Van Bladel, BiiP

Open sourceBruno Lowagie, iText

IBBT-model for IPR M. Claire Van de Velde & Eefje Vandamme, IBBT

IPR in large-scale collective projectsHans Bracquené, Kantoor Bracquené

Patents for softwareEugenio Archontopoulos, EPO

Register today on http//events.ibbt.be/IPRworkshop

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The Essence of iBoot

Set of focused workshops Goal: Create a team that can deliver a presentation that can

survive a professional investment board Based on your own idea

No case studies here (iVenture); we go for the real thing Executed with a multidisciplinary team

… that you need to recruit Workshops are a combination of:

Teaching Coaching Doing

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IBBT iBoot Camp Values

A means to connect committed and talented people with multi-disciplinary complementary skills (via e.g. dating event) across the boundaries of the organization

A tool to screen and guide project team members & to help them form the best entrepreneurial teams (winning teams!)

A tool to quickly identify hidden skills and expertise among iBootcamp participants in domains such as communication, presentation, entrepreneurship, innovation, leadership, business acumen, ...

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IBBT iBoot : what’s in it for you

Professional and personal investment

An intensive personal development/learning program, limited in time, with a strong exposure to business executives, industry and financial experts.

Highly visible opportunity with exponential learning curve – fun and joy are also key drivers

A stretch program for entrepreneurial researchers

A structured way to generate and present venture proposals with a more mature business opportunity plan to a professional venture board.

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Who is eligible to join iBootcamp

Every collaborator from IBBT projects with a great idea and with an entrepreneurial mindset

Idea owners are helped to form winning teams with multidisciplinary skills

iBoot Camp Teams are coached Industrial coaches Board Members and Business School

Professors

Page 11: 20090116 Friday Food@ibbt Entrepreneurship

iBootCamp projects of last year

Kievif, eHealth Santé, stylized animation Tagger.fm: instant music buying Virtual Classroom VPAN, virtual personal access network

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What is this New Innovation Process

Ideas

People

Gate 1DatingEvent

EntrepreneurialiBoot Camp

Gate 2 Gate 3

Jan 2009 March 2009 June 2009

InternalVenture

ExternalVenture

NewProject

VentureLaunch

To IBBT Innovation Board

Connecting people and ideas

Building BusinessOpportunity Plan

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Dating Event: Connecting People and Idea

Talented people everywhere but ... they are not connected!

ResearchEngineering

&Development

Finance Marketing Sales

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Residential iBootcamp Program

Weekend 1 (Friday + Saturday): 24-25 April How to develop a successful business plan Opportunity Development & Freedom to operate

Weekend 2 (Friday + Saturday): 8-9 May Business Models in ICT Entrepreneurial Marketing

Weekend 3 (Friday + Saturday): 29-30 May Entrepreneurial Finance Human Resources

Presenting and Selling the Business: 26 June Opportunity Plan to Venture Capitalists E

lap

sed

tim

e =

2 m

on

ths

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Approach

Open information - initiative from the bottom up to show interest

Enrollment – endorsement by promoter/team leader in company

prescreening of idea’s

IPR-issues Often a NON issue In the cases it is an issue: has to be cleared before

entering into the bootcamp

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iBoot Timeline

Submit your idea by February 18th. Selected teams are notified by February 27th. Deliver your team recruiting pitch on March 6th.

26 June

Grand jury

8/9 May 29/30 May24/25 April11 March

Dating Event WE 1 WE 2 WE 3

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Idea PresentationSee website for template

E-mail to [email protected]

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Describe your idea in 4 or 5 slides max

Everyone needs to understand the primary business drivers motivating/guiding the development your idea: NABC

Need What is the important customer and market need?

Where is the pain ? Antibiotic, aspirin or vitamin?

Approach What is your unique approach for addressing this need?

Benefits What are the benefits (per cost) from this approach?

Better, faster, cheaper Competition

How are those benefits superior to the competition and the alternatives? Do a full state-of-the-art analysis

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NABC example – Video on demand value proposition

Need Movie rental is a 500 Mio Euro business. The part people dislike is to return

tapes and late fees. Approach

We will provide VOD via the cable system with access to all the tittles of MovieMAX. The system uses existing channels and hardware. Customers need no new investments and pay the same price for a movie as in the rental shop.

Benefits End-user: no need to return movies; no more late fees. Same functions as

with a DVD player: fast forward, trailers, ..etc. Customer: Higher revenue per movie with higher margin; 20% market share

expected. Competition

Competition : we have patented the distribution and VCR like features for VOD

alternatives : Netflix et al. -> on-line rentals have higher handling costs (0.75 Euro per movie). Sending the tape back is as inconvenient as returning it.

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State-of-the-art

Science Scientific Publications: Google Scholar EU programs: CORDIS database

IPR Patent databases: Espacenet, Google Open source projects Federal Service for intelectual property

Standard bodies ETSI, IETF, W3C, …

Professional & Industrial organizations Market reports

Gartner

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Market Forecasts