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P.Ignatiadis Technology Manager Science & Technology Park of Crete & IRC Help-Forward Good Practice Workshop in Bio-incubators Heraklion, 14/09/2007 Incubation of new ideas in Crete

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P.IgnatiadisTechnology Manager

Science & Technology Park of Crete&

IRC Help-Forward

Good Practice Workshop in Bio-incubators Heraklion, 14/09/2007

Incubation of new ideas in Crete

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Incubation in the Region of Crete

1) General Information

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Incubation in the Region of Crete

CRETE: Competitive Region based on CRETE: Competitive Region based on

a)culture and history, a)culture and history, b) sea and sun destination, b) sea and sun destination,

c) the Mediterranean Cuisine c) the Mediterranean Cuisine

During the last During the last 3030 years : A high years : A high number of HEI’s and Research Centres number of HEI’s and Research Centres

were established:were established: Univ. of Crete (1977), Univ. of Crete (1977), FORTH (1983), FORTH (1983), Technical Univ. of Crete (1984), Technical Univ. of Crete (1984), MAICh (1985), MAICh (1985), Inst. Marine Biology of Crete Inst. Marine Biology of Crete (1987)(1987)

Crete has a high capacity in R&D , but Crete has a high capacity in R&D , but lacks the lacks the critical mass of quality critical mass of quality research infrastructures and SMEs research infrastructures and SMEs collaborationcollaboration to become a region of to become a region of knowledgeknowledge

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Incubation in the Region of Crete

General information about the region

5,3% of the National GDP79% of the EU 25 GDP (still objective 1)5,5% population in Greece2nd most innovative region in GreeceLowest Greek region in unemploymentRegion with the lowest number of innovative SMEs75% of the Regional GDP from services

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Incubation in the Region of Crete

Brief SWOT analysisStrengths Strong R &D and innovation results Highly qualified human potential due to the numerous educational institutions, which are situated in the regionInnovative services to local SMEs thanks to the existence of highly specialised research centres and institutes throughout the region

Weaknesses Research results are not sufficiently disseminated in the production process Long-term deindustrialization of the region Lack of significant R and D investments Lack of industrial SMEs

Opportunities Strong interest in NTBF FP7, CIP, Structural Funds Local Employment Strategies for Employment StimulationStreamlining R and D capacities with Tourism and Agriculture

Threats Stagnation in R and D infrastructures Stagnation of manufacturing sector

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Incubation in the Region of Crete

INCUBATOR

More than 100 offices and flexible lab space (~4000 sq.m) Financing: EU, National & Regional funds • Incentives offered by FORTH• Incentives offered by the National Government 09/ 2007 : 25 tenants, >600 new jobs created

>60 new companies

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Incubation in the Region of Crete

INCENTIVES OFFERED BY FORTH & STEP-CINCENTIVES OFFERED BY FORTH & STEP-C

• LOW RENTLOW RENT: : ~ ~ Start-up ~ 10 Euro/sq.m-monthStart-up ~ 10 Euro/sq.m-month

• COMMON EXPENSESCOMMON EXPENSES:: Cleaning of space Cleaning of space,, security, security, electricity, parking space, Networkelectricity, parking space, Network offered free of chargeoffered free of charge

• INTERNET SERVICESINTERNET SERVICES :: FreeFree e-mail e-mail και και web hostingweb hosting

• MEETING ROOMSMEETING ROOMS : : FreeFree of chargeof charge

• SECRETARIAT SUPPORTSECRETARIAT SUPPORT:: Use of fax, photocopy, collection Use of fax, photocopy, collection and distribution of mail, switchboardand distribution of mail, switchboard etcetc

• SCIENTIFIC LIBRARYSCIENTIFIC LIBRARY

• RESTAURANTRESTAURANT

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Incubation in the Region of Crete

SERVICES OFFERED TO TENANTSSERVICES OFFERED TO TENANTS

• ACADEMIC:ACADEMIC: Links with academic and research labs , Links with academic and research labs , participation to research projects participation to research projects

• TECHNOLOGICAL:TECHNOLOGICAL: Access to FORTH Institutes and to Access to FORTH Institutes and to Technology Transfer mechanisms Technology Transfer mechanisms

• BUSINESS:BUSINESS: Business planning, market research, Business planning, market research, business development business development

• FINANCIAL:FINANCIAL: Information and support to financial issues, Information and support to financial issues, links with business angels and financial organizations links with business angels and financial organizations

• LEGAL :LEGAL : Legal support Legal support, , Intellectual Property Rights Intellectual Property Rights ((Greek Patent Office BranchGreek Patent Office Branch))

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Incubation in the Region of Crete

2) Incubator Philosophy

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Incubation in the Region of Crete

SOCIETY

REGION

Research

Spin off

Education

IncubationSME support Excellence

FORTH ACTIVITIES

CITIES

STEPC

IRC H-F

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Incubation in the Region of Crete

FORTH’s commitment to promote exploitation of research output

Created and operates the Network ΠΡΑΞΗ (HELP-FORWARD) in cooperation with the Federation of Greek Industries and the Federation of Industries of Northern Greece to promote linkage between research and industry and technology transferInitiated the creation of 3 technology parks (Crete, Patras, Thessaloniki)10 spin-off companies and 300 cooperations with industries in Greece and abroad29 patents (of which 14 national)Joint programs of MBA grants with ALBA for training young FORTH researchers who wish to create spin-off firms

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Incubation in the Region of Crete

INCUBATOR PHILOSOPHY

INNOVATIVE PRODUCTS AND SERVICES, NTBF

INCUBATION

(PHYSICAL, VIRTUAL)

LIAISON OFFICE

IRC H-F

CENTRE FOR TECHNOLOGY

TRANSFER

BANKS

PROGRAMS

IDEAS, PROJECTS, INITIATIVES, PROGRAMS, RESULTS

RESEARCH CENTRES

&UNIVERSITIES

LOCAL ENTERPRISES

LOCAL ENTERPRISES

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Incubation in the Region of Crete

3) Deal Flow

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Incubation in the Region of Crete

Mixed Model- VC, licensing, strategic partnerships

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Incubation in the Region of Crete

Incubated research projects

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Incubation in the Region of Crete

5) NURTURING A NEW PROJECT

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Incubation in the Region of Crete

UNISTEPUNIUNIversity SStudents EEntrepreneurship PProgramme

2004-200520 projects

Total budget : 400000 €10 in Chania

(Technical University of Crete)10 in Heraklion

(University of Crete : 4 Science Technology Park : 6)

(2 in the phase of negotiations with VC)

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Incubation in the Region of Crete

UNISTEP METHODOLOGY

IDEA

EVALUATION/SELECTION

IMPLEMENTATION

STUDENT/GROUP OF STUDENTS

6.000 €

++Administrative + Technological

Support

Training

4 coursesEntrepreneurship

Legal issues/Admin.Business Planning

Product development

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Incubation in the Region of Crete

UNISTEP

Innovative & Supporting

EnvironmentTraining Support - Mentoring

Start-up

INCUBATOR

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Incubation in the Region of Crete

6) FUNDING

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Incubation in the Region of Crete

MUTUAL LEARNING PLATFORMSPIN OFF CREATION AND

TECH/TRANSFERRTD COLLABORATION

IT TECHNOLOGIESBIOTECHNOLOGIES

MEDICAL TECHNOLOGIESINNOVATIVE SERVICES

ENERGYIT

REGIONAL FORESIGHTREGIONAL BENCHMARKING

MANAGEMENT OF THE GROWTH POLE

INNOVATION POLE IN CRETE (2007-2008)

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Incubation in the Region of Crete

8) Handling the maturing company:

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Incubation in the Region of Crete

Maturing Company

FORTHnet SA – Est. 1995 by FORTH & Minoan Lines SA, a

Regional Shipping Company

2000: Athens stock exchange Today's Shareholders: FORTH, NOVATOR

Group & Other Private Funds, Wide Public

www.forthnet.gr

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Incubation in the Region of Crete

Hellenic Bio- Cluster

www.hbio.gr

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Incubation in the Region of Crete

HBio:A high tech cluster

-Omics-Omics

Software/ services Software/ services for the bio-industryfor the bio-industry

PharmaceuticalsPharmaceuticals

Drug deliveryDrug delivery

Drug Discovery Drug Discovery and Developmentand Development

In Vitro In Vitro DiagnosticsDiagnostics

Medical DevicesMedical Devices

TelemedicineTelemedicine

Drug EvaluationDrug Evaluation

BiosensorsBiosensors

Molecular Molecular DiagnosticsDiagnostics

HBioHBio

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Incubation in the Region of Crete

Cooperation

-Omics-Omics

Software/ services Software/ services for the bio-industryfor the bio-industry

PharmaceuticalsPharmaceuticals

Drug deliveryDrug delivery

Drug Discovery Drug Discovery and Developmentand Development

In Vitro In Vitro DiagnosticsDiagnostics

Medical DevicesMedical DevicesTelemedicineTelemedicine

Drug EvaluationDrug Evaluation

BiosensorsBiosensors

Molecular Molecular DiagnosticsDiagnostics

7 7 SMESME

2SME2SME

5 5 SMESME

2 2 SMESME1 1 SMESME

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Incubation in the Region of Crete

First bio-cluster in Greece

FORTH as a animator

15 SMEs

Fields: Diagnostics, Pharma/ Drug Discovery, Medical Devices, Services

Funds: Memberships, Projects

HBio Fact-sheet

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Incubation in the Region of Crete

BioAnalytica Α.Ε.

Molecular Biology, Proteomics

ΒιοΑναλυτική-Γενότυπος Α.Ε.

Cell genetics

BioGenomica Α.Ε. (spin-off ΕΚΕΦΕ «ΔΗΜΟΚΡΙΤΟΣ»)

Molecular Diognostics

MEDICON Α.Ε.

Point-Of Care. Software. Καλλυντικά.

HBio: Members (Ι)

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Incubation in the Region of Crete

Biovista

Software

Lavipharm Α.Ε.

Drug Delivery.

MEDEXIS Α.Ε.

Drug Development.

MICREL Medical Devices Α.Ε.

Telemedicine.

HBio: Members (ΙΙ)

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Incubation in the Region of Crete

Biomedcode Hellas S.A. (spin off «FLEMING»)

Modelling and pri-clinical studies

BioRP, Hellenic Radiopharmaceuticals SA (spin-off DEMOKRITOS)

EMBIO Diagnostics Ltd (CY) (spin-off AUA)

Biosensors

Estelle Enterprises Limited (CY)

Blockage-free catheter system for post-operative drainage and local drug administration.

HBio: Members (ΙΙΙ)

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Incubation in the Region of Crete

9) What do we need to do in order "to do better".

09/2007

Science and Technology Park of Crete

New Business Model