Student entrepreneurship Acceleration through Smart Innovation iMinds business acceleration Smart Innovator Internationalizing your business Singapore FIT support Go West

1. Entrepreneurship
Intro Frank Gielen
Student entrepreneurship Lisa Pattyn
Acceleration through Smart Innovation
 iMinds business acceleration Koen Vriesacker
 Smart Innovator Jessie Dedecker
Internationalizing your business
 Singapore Ralph Moreau
 FIT support Karla Laheye
 Go West Lisa Pattyn
1

2. Student Entrepreneurship
Development of entrepreneurial skills with (master) students during their studies.
Why: innovation in academic education? Benchmarks: MIT, EIT labelled masters.
Why iMinds? Extra curriculum activities; access to entrepreneurial ecosystem
We did a pilot in Ghent in 2011 – 2012
We roll out across Flanders with universities that were interested in 2012–2013
VUB
Kauffman Study Shows:
Student Entrepreneurs Critical to Commercializing University Startups
New York Chases Silicon Valley With Roosevelt Island Site
"The university of the future will combine innovation and entrepreneurship“
[DE TIJD DINSDAG 31 JULI 2012]

3. Internationalization support
 Partnership with Local incubators, supported by FIT
 ICT start-ups can spend up to 3 months in the US and
find the introductions, local market knowledge and “tech ICT companies
are born global”
support they need to get started up.
2011 9 companies
2012 8 companies
Singapore
 European pilot program from EBN Offer companies
services at a selection of global locations,
tailored to match their: logistics, access to the
local business world, expert advice

4. Acceleration program

5. Enjoy your sessions
We welcome your questions, suggestions, comments.

6. Entrepreneurship
Intro Frank Gielen
Student entrepreneurship Lisa Pattyn
Acceleration through Smart Innovation
 iMinds business acceleration Koen Vriesacker
 Smart Innovator Jessie Dedecker
Internationalizing your business
 Singapore Ralph Moreau
 FIT support Karla Laheye
 Go West Lisa Pattyn
6

7. [Student Entrepreneurship TOOLBOX]
• 100% practically oriented
Workshops
• Hands-on mentality
• On demand
Coaching
• Valorisation business concept
Start-up • Co-working space for starters
garage • As from March 2012
• Financial resources
iStart.Light
• Continuous support and supportive framework

8. MAX
Free 15
3
Hands
Work
shops on
ICT Mentors
Idea and coaches

9. WORKSHOP ON BUSINESS MODELS

11. • Coworking space for students
• Vibrant network of iStarters and flex office
users
 Create an entrepreneurial atmosphere
 Stimulate discussions and talks between
(student) entrepreneurs

12. Collaboration software for tablets
Founded April 2012

13. Mobile navigation apps for sports

14. NITEOWL
Nightlife application
Keep track of songs you like
Enjoy promotions in bars

15. Innovative pharmaceutical company
o Make homemade medecines a profitable alternative
o Sell cheap raw ingredients via advanced webplatform

16. Entrepreneurship
Intro Frank Gielen
Student entrepreneurship Lisa Pattyn
Acceleration through Smart Innovation
 iMinds business acceleration Koen Vriesacker
 Smart Innovator Jessie Dedecker
Internationalizing your business
 Singapore Ralph Moreau
 FIT support Karla Laheye
 Go West Lisa Pattyn
16

17. Success
Size
Revenue Acceleration
W
hat?
hen?
here?
iBoot iStart Acceleration

18. Acceleration & Growth
2 level approach
Model Process

19. Acceleration & Growth model

20. Need for
a Stable Organization
to serve as a growth platform
Need for Growth Power
to successfully achieve a growth transition
Need for Innovation Power
to serve as fuel for growth

21. Initiatives & projects

22. Process actions
Smart Innovator
US/Singapore
Coaching tracks
screening Evaluation
Enabling
questionaire
15' screening
tbd
interview
in depth tbd
external initiatives
cooperation
Intake & positioning iMinds acceleration program Closing

23. Entrepreneurship
Intro Frank Gielen
Student entrepreneurship Lisa Pattyn
Acceleration through Smart Innovation
 iMinds business acceleration Koen Vriesacker
 Smart Innovator Jessie Dedecker
Internationalizing your business
 Singapore Ralph Moreau
 FIT support Karla Laheye
 Go West Lisa Pattyn
23

24. How Smart is Your Product?
And does it even matter?
iMinds Conference - Entrepreneurship
the collective centre of the Belgian technological industry

25. How to realize growth?
cost (€)
sales (€)
innovation
new
new <5y
<5y
old old
>5y >5y
0 5 year
= Defining a Successful Technology
& Product Strategy using ICT 25

26. The technology
• Information Technologies (of all kinds)
double their power about every year…
(price performance, capacity, bandwidth etc.)
• Three Major Trends:
• Connectivity
• Mobile Devices
• Technology
Everywhere
Source R.Kurzweil
26

27. Consequence #2:
It is more difficult to stand
Huge Challenge Caused by these Trends
out with your product in the
product jungle.
number of ICT devices
associated to the user
Consequence #1:
Users devote less
time to each product
Product builders are in a competition model
to get the user attention
User attention
bandwidth
time
1980 1990 2000 2010
27

28. SMART = a way to optimize
the user attention bandwidth Augmented
entertainment and
Decision support augmented vehicles.
systems (e.g. safety
critical systems) number of ICT devices
associated to user
Systems that interpret
large data streams for
the user
“Empathic” Products User attention
that are aware of the bandwidth
intentions of users
User attention
Smart Products as a differentiator ! bandwidth
time
1980 1990 2000 2010
28

29. Definition of SMART: a tentative consensus
A Smart Product
• uses information about itself, other products, or its
environment
• to provide new or enhanced functionalities
• that are able to differentiate the product in a particular
market
A smart technology
• can be turned into an offering
• that enables other products to become smart products
29

30. Example: bicycle rental company
Use the usage
data of bicycles
Sensors
to optimize
to detect bikes
distribution
in need
across the city
maintenance
Add location
system (gps) to
bicycles to
retrieve lost ones
Set up alliances
with tourist
department of
city to promote
Add noise and touristic routes
pollution sensor
to offer services to
government
Observe users
and provide them
with alternative
routes 30

31. 31

32. Will Smart Products make you
money? Does it
match with a
Who will be your
customer early customers?
demand?
What does
the
buying
process
look like?
Is the market big
enough or are
you making a
solution for one
customer?
What are the Business Model Canvas
right
channels?

33. Which Technologies make Smart?
Crawling the
web for POI and Semantic
index in Technologies?
Database
Case: Personalized Bike
Which Set of Technologies are Right for Your Case?
Routes
GIS Related Setup a
APIs Biking
Community
and Let
them Share

34. Technologies for Making Smart Products
Wireless Big Data
Semantic
Sensors
API
Web2
User Profiling
Interface
34

35. To help you we Launched Smart Innovator
Funded by
35

36. How can Smart Innovator help You?
Idea Generation Business Potential Evaluation Business vs Risk Analysis
Find Technological Technological Support in Realization:
Building Blocks Experimentation/Evaluation Funding, Realization Plan, etc.
36

37. What does SMART mean for your product?
And will you make money from it?
• We are here with a team at the iMinds Conference to help you
move forward with your case
• One-on-one sessions this afternoon. Here at this event!
• Book your seat now. Ask us to reserve a time slot for you!
Jan Koen Jessie Nick
37

38. Entrepreneurship
Intro Frank Gielen
Student entrepreneurship Lisa Pattyn
Acceleration through Smart Innovation
 iMinds business acceleration Koen Vriesacker
 Smart Innovator Jessie Dedecker
Internationalizing your business
 Singapore Ralph Moreau
 FIT support Karla Laheye
 Go West Lisa Pattyn
38

39. Agenda – Internationalisation
 Context
 Why iMinds @ Singapore?
 Ambition & Objectives
 Where are we today
 Next steps
39

40. Context: strategic plan 2012-1026
• Strategic Goals
• Achieve excellence in market-driven research
• Provide comprehensive support for entrepreneurship and innovation
• Foster human capital through knowledge exchange
• Strategic Enablers
• Focus on internationalization
• Create world-class facilities

41. Why Singapore?
First ask: why Asia? 2050
41

42. 42

43. Why Asia?
Asia is where growth continues to be:
 Population
 GDP
 Income / capita
 Life Expectancy
 Local demand
 Impact crisis <
43

44. Why Singapore?
Singapore used to be a remote city, far away from
“the world”. Today, Singapore is a world class city,
at the center of “the new world”.
Singapore =
Asia for beginners
44

45. Singapore = efficient + clean + strategic location + start-up focus
45

46. Our ambition and Objectives
 Establish a foothold in
Singapore,
 use it as a hub for Asia,
 to promote the growth of
our companies,
 and to expand our
global network.
46

47. What do we offer?
 Connect. Local network. Strategic partners.
 Soft-landing space. Our office.
 Acceleration. Business development support.
47

48. Where are we today?
 Established iMinds Singapore, since 1 March
 Participated in CommunicAsia, June
 Moved into our own office, since 1 October
48

49. Office = soft-landing
49

50. 50

51. Where are we today?
 Established iMinds Singapore, since 1 March
 Participated in CommunicAsia, June
 Moved into our own office, since 1 October
 Partner network
 Exchange interns from SMU, to Flemish startups
 Welcomed first companies
 Facilitated first funding pitches
 First success story in establishing concrete wins
for our companies
51

52. 52

53. What have we learned?
Where do we go from here?
 Key to success = active involvement companies
(local demo setup, samples, follow-up, …),
including feet on the ground
 We want to further consolidate our presence in
Singapore, gradually fan out in other SSEA
markets.
 We plan a mission to Singapore (~100hrs in Asia)
 CommunicAsia as key event
53

54. Entrepreneurship
Intro Frank Gielen
Student entrepreneurship Lisa Pattyn
Acceleration through Smart Innovation
 iMinds business acceleration Koen Vriesacker
 Smart Innovator Jessie Dedecker
Internationalizing your business
 Singapore Ralph Moreau
 FIT support Karla Laheye
 Go West Lisa Pattyn
54

55. Flanders Investment & Trade
 Flemish Agency for International Trade
 External autonomous agency of the Flemish Government
(EVA) – Minister-President Kris Peeters
 Fusion of Export Vlaanderen & Dienst Investeren
Vlaanderen

56. Regional network
5 Provincial offices
15 International Business Advisors
2 Advisors Export Skills


 Antwerpen
Brugge 

 
Gent 

Hasselt
   Leuven



57. Foreign network
95 offices

58. Services provided by
Flanders Investment & Trade
awareness
information
advice
guidance
support

59. Awareness
Wereldwijs magazine, Guides on various topics, seminars,
market and sectorial studies, Leeuw van de Export,…

60. Information
www.flanderstrade.be

61. Advice
Personal advice

62. Guidance
Individual prospection and group actions

63. Support
Incentives for international entrepreneurship

64. Incentives for prospection
What initiatives?
 Travels outside the EEA for prospection purposes
 Travels to seats of multilateral institutions for projects outside EEA
 Participation at international fairs and niche events
 Product documentation, commercial translations and advertisements
in specialized media
 Invitation of buyers and decision makers
 Registration, homologation and certification costs
 Entering a Service center abroad
 The establishment of a prospecting office
How to apply?
 Only online via the website
 Within 15 calendar days before the start of the initiative

65. Want to know more?
www.flanderstrade.be
http://www.youtube.com/watch?v=V2wxovMm5z4&feature=player_embedded
FIT on twitter and Linked in
karla.laheye@fitagency.be

66. Entrepreneurship
Intro Frank Gielen
Student entrepreneurship Lisa Pattyn
Acceleration through Smart Innovation
 iMinds business acceleration Koen Vriesacker
 Smart Innovator Jessie Dedecker
Internationalizing your business
 Singapore Ralph Moreau
 FIT support Karla Laheye
 Go West Lisa Pattyn
66

68. SAN FRANCISCO

69. NEW YORK

70. BOSTON

71. Coworking Space

72. One-on-One Consulting

73. HOUSING

74. Call for projects now open! (events.iminds.be)
Deadline: 02/12/2012
Selection: First week of December

75. Come talk to us
@ 2nd Entrepreneurship
Break-out session