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PNO is market leader in
innovation financing, with a
 special focus on grants. Our
                                         Subsidies in
                                 Life Sciences & Healthcare
     service model aims at
    supporting companies,
   public organizations and
 partnerships in their efforts
  to obtain grants and other
 financial resources for their
innovations, and at boosting
      the effects of these
   organizations’ innovative
             work.

  PNO works with expert
teams, among others in the
area of Energy, Life Sciences
& Healthcare, Logistics, High
    Tech and EU grants.
Subsidies?




© PNO Consultants B.V.
SUBSIDIES?


                                    Role of subsidies




                         •Subsidy should never be the goal!
                         •But a strategy to realize ambitions
           •Good subsidies are much more than just money!




© PNO Consultants B.V.
Quandaries and slip ups…




                           4
Often money dissipates…


                                                                 •   “We don’t have the time!”
                                                                 •   “To much bureaucratic hassle!”        Missed
flow management




                                                                 •   “Subsidies are way too complex!”    Opportunities
                                                                 •   “We already know all subsidies”
                                                                 •   “You’ll lose IP”




                                                                 • Not all projects included & covered
                                                                 • Poorly coordinated proposals          Sub-optimal
                                                                   (random)
                                                                 • Counterproductive proposals!          Applications
                                                                 • Focus on brochures/websites
                                                                 • “Going for the rebuttal!”



                                                                 •   Underrealisation
                                                                 •   “We’ll fix that later!”                Partial
                                                                 •   Lack of management & control
                                                                 •   Failure to report changes             payment
                  •   “Subsidies are someone else’s              •   Poor documentation and                or even
                      responsibility!”                               accountability (compliance)
                                                                                                            fines!
                  •   There’s no insight in portfolio or yield
                      at the work-floor: no commitment

                                                                                                                         5
Grant procurement; a continuous process




                                     6
Grant Procurement, possible services PNO

                                                                                     Process
       Initiate                   Apply                    Comply
                                                                                    management
•   Scans & gap analysis   • Execute the entire      • Risk analysis              • Portfolio management
•   Benchmark                grant application       • Risk management            • Web enabled tools
•   Training                 process                 • Financial planning         • Management
•   Business cases         • Review of grant         • Technical reports            information and
•   Partner search &         proposals               • Financial audits and         reporting
    consortium building    • Second opinion            reports                    • Forecasting (cash)flow
•   Legal risk analysis    • Contract negotiations   • Legal audit and              of funding
•   Project development      with grantor bodies       support
•   Develop PPP                                      • Due diligence
•   Innovation
    consultancy


                                           Your results:
• Insight in grant         • Up to date expertise    • Risk management            • Insight in performance
  performance                & hands-on              • Lower                        of grant portfolio
• Insight in relevant        experience                administrational           • Insight in flows of
  grant opportunities      • Higher efficiency,        burden                       funding within the
• High quality fundable      convenience and         • Ensuring payment of          organization
  projects                   success rate              awarded funding
• Motivated go/no go       • Successful proposals
  decisions                  and applications




                                                                              7
PNO Consultants – Our view


Mission Statement:

“Connecting ambitions”
To offer clients the best
grant and innovation
consultancy in Europe



PNO network:

Offices in The Netherlands, Germany, Belgium,
United Kingdom, France & Italy and international
cooperation with qualified partners across Europe




                                                    8
PNO Consultants – Our view

We stand for:


- Unrivalled track record in procurement of government grants and incentives;

- No risks for conflicts of interests, services not restricted by audit
  independence issues;

- Leading best practices covering all stages of grant procurement;

- Proven methods for risk management & financial control;

- Well known organizing grant procurement for clients in responsible ways;

-The success rate of PNO in EU-grant acquisition is are around 40%,
         exceeding EU averages and success rates of many competitors.




                                                                   9
PNO Consultants – Some of our clients




                                        10
Connecting Ambitions
   In Life Sciences & Healthcare



                                       Health Insurances
         Branche org’s                                  Patient org’s
   Start-up’s      Big Pharma              Hospitals
Univ.     Biotech, Medtech           Lab’s              (Home) Care

                       Innovation Chain
 (Scientific ) Research      Development      Application
 Knowledge       Skills Investments   Regulations   Market


        Regional-, National-, International Governments


                  Collaboration faciltates innovation




                                                          11
Questions & answers
                      Dr. Merlijn Bazuine
                      Consultant
                      Life Sciences & Healthcare


                      T +31 (0)10 289 10 20
                      M +31 (0)6 5491 8567
                      merlijn.bazuine@pnoconsultants.com




                      http://www.pnoconsultants.com




                                             12

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SmB café 14 Mar '13 – PNO consultants - Merlijn Bazuine

  • 1. PNO is market leader in innovation financing, with a special focus on grants. Our Subsidies in Life Sciences & Healthcare service model aims at supporting companies, public organizations and partnerships in their efforts to obtain grants and other financial resources for their innovations, and at boosting the effects of these organizations’ innovative work. PNO works with expert teams, among others in the area of Energy, Life Sciences & Healthcare, Logistics, High Tech and EU grants.
  • 3. SUBSIDIES? Role of subsidies •Subsidy should never be the goal! •But a strategy to realize ambitions •Good subsidies are much more than just money! © PNO Consultants B.V.
  • 5. Often money dissipates… • “We don’t have the time!” • “To much bureaucratic hassle!” Missed flow management • “Subsidies are way too complex!” Opportunities • “We already know all subsidies” • “You’ll lose IP” • Not all projects included & covered • Poorly coordinated proposals Sub-optimal (random) • Counterproductive proposals! Applications • Focus on brochures/websites • “Going for the rebuttal!” • Underrealisation • “We’ll fix that later!” Partial • Lack of management & control • Failure to report changes payment • “Subsidies are someone else’s • Poor documentation and or even responsibility!” accountability (compliance) fines! • There’s no insight in portfolio or yield at the work-floor: no commitment 5
  • 6. Grant procurement; a continuous process 6
  • 7. Grant Procurement, possible services PNO Process Initiate Apply Comply management • Scans & gap analysis • Execute the entire • Risk analysis • Portfolio management • Benchmark grant application • Risk management • Web enabled tools • Training process • Financial planning • Management • Business cases • Review of grant • Technical reports information and • Partner search & proposals • Financial audits and reporting consortium building • Second opinion reports • Forecasting (cash)flow • Legal risk analysis • Contract negotiations • Legal audit and of funding • Project development with grantor bodies support • Develop PPP • Due diligence • Innovation consultancy Your results: • Insight in grant • Up to date expertise • Risk management • Insight in performance performance & hands-on • Lower of grant portfolio • Insight in relevant experience administrational • Insight in flows of grant opportunities • Higher efficiency, burden funding within the • High quality fundable convenience and • Ensuring payment of organization projects success rate awarded funding • Motivated go/no go • Successful proposals decisions and applications 7
  • 8. PNO Consultants – Our view Mission Statement: “Connecting ambitions” To offer clients the best grant and innovation consultancy in Europe PNO network: Offices in The Netherlands, Germany, Belgium, United Kingdom, France & Italy and international cooperation with qualified partners across Europe 8
  • 9. PNO Consultants – Our view We stand for: - Unrivalled track record in procurement of government grants and incentives; - No risks for conflicts of interests, services not restricted by audit independence issues; - Leading best practices covering all stages of grant procurement; - Proven methods for risk management & financial control; - Well known organizing grant procurement for clients in responsible ways; -The success rate of PNO in EU-grant acquisition is are around 40%, exceeding EU averages and success rates of many competitors. 9
  • 10. PNO Consultants – Some of our clients 10
  • 11. Connecting Ambitions In Life Sciences & Healthcare Health Insurances Branche org’s Patient org’s Start-up’s Big Pharma Hospitals Univ. Biotech, Medtech Lab’s (Home) Care Innovation Chain (Scientific ) Research Development Application Knowledge Skills Investments Regulations Market Regional-, National-, International Governments Collaboration faciltates innovation 11
  • 12. Questions & answers Dr. Merlijn Bazuine Consultant Life Sciences & Healthcare T +31 (0)10 289 10 20 M +31 (0)6 5491 8567 merlijn.bazuine@pnoconsultants.com http://www.pnoconsultants.com 12