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VentureLab Twente – information meeting   Jaap van Tilburg, project manager 21 September 2009 This project is made possible by contributions of the European Union and the Province of Overijssel
Participation in VentureLab Twente ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Todays programme
VentureLab a partner in creating value  For ambitious people who want to build their own company -  high tech, high growth and international focus Flexible programme….  tailored to need of company VLT CONCEPT
VentureLab Twente Our value proposition, your choice  Do it yourself Struggle  two years  all by yourself .. .. and create a company value of  100 ..  “ I don’t have time for the VLT programme” Do it with VLT Exploit the benefits of the VLT program .. .. and create a company value  of  1000  within  one year VLT for YOU! Participants
What is High Tech?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],VLT for YOU! Participants
Who can participate? .. Age 8 – 88 years  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],VLT for YOU! Participants
But companies often underperform Entrepreneurial needs  (4S model NIKOS) Mono-disciplinary Teams (tech) Management skills Strategic drift Technology/market Small ambition “ Death valley” Long time to market High cost - high risk Unsufficient funding Academic networks  Small markets  No networks VLT CONCEPT Entrepreneur and Enterprise Not market oriented Scope: from idea to  Strategy Social Network- Contacts Skills: Patterns of Organisation Scale: Economy Financial means ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
VLT instruments for success ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Knowledge  Office space Organisational support Strategic Coach Access to: Soft loans Participation Venture capital Introductions Brokerage VLT CONCEPT Entrepreneur, team and Enterprise Coaching, Training, Team building & Courses Scope: from idea to  Strategy Social Network- Contacts Skills: Patterns of Organisation Scale: Economy Financial means
Key success factor for value creation .. focus on personal skills & team skills VALUE CREATION VLT CONCEPT Opportunity  recognition Opportunity preparation Opportunity exploitation CTO/COO Culture Capital CFO Economic Capital CEO Strategic Capital CMO Social Capital
Value Creation model of VLT VLT CONCEPT YOUR VALUE YOUR IDEA VLT support
Value creation support .. unique and integral approach S = Strategy M = Marketing T = Technology O = Operations €  = Finance VLT CONCEPT Coaching Guidance M T/O € S Offices Labs Resources Capital Pers. skills Team skills Community Networks
Coaching & guidance key for success Internal Development External Environment coaching guiding VLT CONCEPT
Therefor: VLT design … addressing all shortcomings ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],VLT CONCEPT
Successfull launch of VLT: 18 entrepreneurs and 16 companies Proof of concept
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Wide range of participants Proof of concept
Tailor made to need of company .. (1) Aviation and biofuel ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2 1 3, 4 5 Proof of concept
Tailor made to need of company .. (2) 3-D printing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2,3 1 3, 5 4 Proof of concept
Tailor made to need of company .. (3) Corporate Venturing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2,4 1 4 3 Proof of concept
Tailor made to need of company .. (4) Soft Landing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1 2 3 Proof of concept
VentureLab Twente for you ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],VLT for YOU! Summary
Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],VLT for YOU! Planning
Venturelab Office facilities in OLCT building OLCT building Nikos Faculty club VLT Future location VentureLab
Next in OLCT: Het voorportaal <<< OLCT building Venture Lab Ca. 1000 m2
What are the costs for VLT start-ups? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],VLT for YOU! Costs This project is made possible by contributions of the European Union and the Province of Overijssel
Benefit for government  ,[object Object],[object Object],[object Object],This project is made possible by contributions of the European Union and the Province of Overijssel VLT for  economy
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],How to apply? NEXT STEPS
Questions & Answers ,[object Object],[object Object],[object Object],[object Object]
More about the programme Details of the programme
Personal and Team development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Details of the programme
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Business Idea and Model Details of the programme
Business Plan and realisation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Details of the programme
Entrepreneurial University excels in generating spin-off companies … but they remain small!   only moderate effect on regional employment WHY VLT? 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 600 500 400 300 200 100 0 Spin-off Companies University of Twente spontaneous spin-off spin-off using TOP programme
[object Object],[object Object],[object Object],[object Object],Why do start-ups remain small? Study shows: Four success factors for growth (Leuven, Stanford, Cambridge) WHY VLT?
New company Existing company Soft landing Corporate Venturing Master TV Summerschool

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New business incubation in VentureLab Twente The Netherlands

  • 1. VentureLab Twente – information meeting Jaap van Tilburg, project manager 21 September 2009 This project is made possible by contributions of the European Union and the Province of Overijssel
  • 2.
  • 3. VentureLab a partner in creating value For ambitious people who want to build their own company - high tech, high growth and international focus Flexible programme…. tailored to need of company VLT CONCEPT
  • 4. VentureLab Twente Our value proposition, your choice Do it yourself Struggle two years all by yourself .. .. and create a company value of 100 .. “ I don’t have time for the VLT programme” Do it with VLT Exploit the benefits of the VLT program .. .. and create a company value of 1000 within one year VLT for YOU! Participants
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. Key success factor for value creation .. focus on personal skills & team skills VALUE CREATION VLT CONCEPT Opportunity recognition Opportunity preparation Opportunity exploitation CTO/COO Culture Capital CFO Economic Capital CEO Strategic Capital CMO Social Capital
  • 10. Value Creation model of VLT VLT CONCEPT YOUR VALUE YOUR IDEA VLT support
  • 11. Value creation support .. unique and integral approach S = Strategy M = Marketing T = Technology O = Operations € = Finance VLT CONCEPT Coaching Guidance M T/O € S Offices Labs Resources Capital Pers. skills Team skills Community Networks
  • 12. Coaching & guidance key for success Internal Development External Environment coaching guiding VLT CONCEPT
  • 13.
  • 14. Successfull launch of VLT: 18 entrepreneurs and 16 companies Proof of concept
  • 15.
  • 16.
  • 17.
  • 18.
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  • 20.
  • 21.
  • 22. Venturelab Office facilities in OLCT building OLCT building Nikos Faculty club VLT Future location VentureLab
  • 23. Next in OLCT: Het voorportaal <<< OLCT building Venture Lab Ca. 1000 m2
  • 24.
  • 25.
  • 26.
  • 27.
  • 28. More about the programme Details of the programme
  • 29.
  • 30.
  • 31.
  • 32. Entrepreneurial University excels in generating spin-off companies … but they remain small!  only moderate effect on regional employment WHY VLT? 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 600 500 400 300 200 100 0 Spin-off Companies University of Twente spontaneous spin-off spin-off using TOP programme
  • 33.
  • 34. New company Existing company Soft landing Corporate Venturing Master TV Summerschool