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Zernike Science Park (1992) ASP Groningen IDEA Centre Twining Centre Amsterdam Zaanstad IKTC Technology Biopartner³ CentreTechnology Park Western Australia Brisbane Technology Park IDEA Normanby Gateway ACT and..11 SEED FUNDS and LOANS
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Eco
nom
ic v
alu
e-a
dd
ed
Maturity of start-up company
Pre-IncubationEducation processesR&D-processesBusiness Plan Business Incubation
Start up companyEntry to market Company status
First growth phaseAcceleration
©Simo Saurio, Sakari Kuvaja
Development phases of start-up companies
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How do we see Incubators
•Flexible housing for starting
entrepreneurs
• Market prices are eventually
a must
• More than only housing
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Requirements for new entrepreneurs:
•Market access
•Management services
•Mentoring services to provide skills and knowledge
•Money ranging from zero stage funding to venture capital funding
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SOME EXAMPLES
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PUBLIC SUPPORT
•Rent is at market price for offices (equipment leasing supported by the state, services also subsidised)
Biopartner Center
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IDEA Center
PRIVATEDEVELOPMENT• Build and lease-
back business model (risky one)
• Not only for start-up interesting as private initiative
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HYBRID• Right to exploit the building no
charge
• But must deliver services
Normamby Gateway UK
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SUSTAINABILITYPUBLIC AID WILL REDUCE
ECONOMIC VIABILITY
AS ALL BUSINESSES!
CUT COSTS and
MAKE MORE MONEY
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HERE are some ideas how Don’t overstaff or over supply
equipment
Subcontract services
If possible share with other incubators/parks/public agencies etc..
Charge reasonable rent
Sponsors
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HERE are some more ideas how When subcontracting lower cost and
get a percentage
Plan your building carefully
Sell your services externally
Rent your facilities
Participate in projects/consultancy
If you can, get management of funds
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Thank you for your attention