PowerPoint Presentation Templates

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4th Innovating Regions in Europe (IRE) Plenary
ConferenceExcellence can be learnedOverview
and Achievements of the PAXIS initiativePilot
Action of Excellence on Innovative Start-ups
7-8 June 2005, Ljubljana, Slovenia George
Strogylopoulos Chairman, Logotech S.A ATHENS,
GREECE PAXIS Interaction and Management,
Accompanying Measure 1
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Why PAXIS network is special

• Unique Sample for studying start-ups creation
• A sample of Excellent economic areas that gives
  an optimum framework for
• assessment of mechanisms
• comparison of capabilities, policies and measures
• Special Features of the contractors
• Each organisation at regional/local level
  should
• be representative and have political support
• be involved in (supporting) policy decision
  process
• Outcome
• Learning process among regions exchange of
  successful schemes and development of new ones

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PAXIS in the European Innovation Policy
Framework Main Objectives

• Knowledge-based European Communication Platform
  on Excellence
• A continuous benchmarking exercise for start-up
  creation
• Support of the Competitive Positioning of
  European Economic areas
• Transfer Excellent knowledge to new Member
  States
• Generator of new policy ideas for tools,
  methodologies and programmes
• Test-bed of new policy applications
• Supportive mechanism for other EC initiatives
  (Trend Chart, IRE network, Regions of Knowledge
  etc.)

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PAXIS The history (i)
Born in Vienna in 1998
Launched in 1999
15 Regions 4 TN 22 Projects 2 AMs
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PAXIS The history (ii)
Re-launched in 2002
Goes up to 2006
22 Regions 5 TN 6 V. Projects 3 AMs

• www.cordis.lu/paxis

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PAXIS Regions of Excellence

• HIGHEST Alpes-Maritimes (FR),
• Helsinki Region (FIN), Torino Area (I)
• South Sweden (S) and Berlin (DE)
• KREO Oxford (UK), Karlsruhe (DE),
• Lyon-Grenoble (FR),
• Emilia-Romagna (I)
• PANEL Munich (DE), Milan (I),
• Barcelona (ES), Dublin (IR)
• SPRING Stockholm (S),
• Cambridge (UK), Stuttgart (DE),
• Madrid (ES)
• START Copenhagen (DEN),
• Edinburgh (UK), Hamburg (DE)
• Veneto Region (I), Vienna Region (A)

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PAXIS Validation Projects (i)
ESTERA methodology for the creation of effective
seed and venture capital sources for the
high-tech industry in Latvia, Estonia and the
Slovak Republic by implementing the proven
success factors of the Yozma and Technological
Incubator Programmes
TRACTORTo assist the creation and consolidation
of innovative start-ups by integrating and
formalising new practices, supplying support
services and providing training.
TRANSACTTo transfer proven and successful
university based start-up support schemes to
innovative actions in Newly Associated Countries
(NACs).
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PAXIS Validation Projects (ii)
PROMOTORTo create a successful homogeneous
methodology of establishing regional programmes
to stimulate the promotion of profitable
start-ups in five regions of the Newly Associated
Countries (NACs) through integration with four
EU Member State countries that will offer
validation and transfer expertise.
BIOLINKTo identify complimentary advantages and
successful experiences gained from an
international consortium of five bio-technology
incubators thus enabling the design of a toolkit
for best incubation practice that will
subsequently be applicable to incubators in other
fields of technology
GLOBALSTARTThe design, validation and
implementation of a scheme for the stimulation
and creation of global university start-ups.
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Accompanying Measures

• AM1 Communication Strategy support
• Supporting measures (website, newsletter,
  conferences, GOPP Sessions (18) etc.)
• Communication dissemination of results (main
  Events)
• Visiting schemes (10)
• AM2 Innovation policy interface
• Analysis and assessment of the activities results
• Extracting lessons from the action
• AM3 European Network of start-ups
• Creation of networks representing innovative
  start-ups and service providers
• Identify needs to be overtaken
• Establishes permanent Forums and annual work
  programs

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PAXIS - Main Achievements (i)

• Work on High Priority Innovation Policy Areas
• Internationalisation of start-ups
• (Universal tool-kit, Euro-office initiative,
  thematic group)
• Entrepreneurship Start-up creation
• (EDE interconnects entrepreneurship-innovation-c
  ities)
• Early stage financing
• (Working group VC fund in Latvia by ESTER)
• Spin-off incubation
• (INNO-TULI technology rating, BIO-LINK project)
• Political awareness, knowledge transfer New
  Member States
• (Visiting Schemes, Munich Sofia, HIGHEST-
  Swiss, Poland, Czech Republic, Bulgaria, Cyprus,
  Poland)

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The Euro-Office Track Record

• Measurement of Success
• Constant use of
• Euro-Office
• Creation of new firms/branch offices
• Satisfaction survey responses
• Stable financial basis

Success Stories
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Business Welcome Package collaboration with
EURO-OFFICE
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Exploitation Best Practice InnoTULI Business
Evaluation
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Incubation Expertise (Technopolis Ventures Ltd)
Discovery
Pre-Incubation
Early Incubation
Late Incubation
Traffic Light
BodyGuard Advisory Services
Feasibility Studies
Godfather Mentoring Services
QuickScan
Toolkit Business Tools
Access Networking Services
Kick-Off Services
MoneyTalks Financial Services
Spinno Action Learning Management Training
Spinno Basics
Spinno Born Global
Start-Up
HelpDesk 3rd Party Business Services
Incuflex Flexible Office Space Solutions
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Key Incubation Figures(Technopolis Ventures Ltd)
Post-Incubation Survival Rate 86
Average 3-5 jobs/start-up
Average Growth Rate 50
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SOPHIA ANTIPOLIS and the WAKING UP SLEEPING
PROJECTS PROGRAM
Executives candidates
Telecom Valley Members
Applications/CV
Sleeping projects
City of VALBONNE Employment Dept Telecom
Valley CICOM
Candidates
Sleeping projects
ANPE
Other companies
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KREO Business Angel Networks

• The Oxfordshire Investment Opportunity Network
  (OION)
• Established in 1994 as part of Oxford Innovation
  Ltd
• Linking early stage, high growth potential
  companies with investors
• Technology based
• Oxford based, UK focus
• Monthly Meetings
• 120 Active Investors Individuals (syndicates),
  VCTs (Seed Capital), VCs (3i, MTI), Corporate
  investors (GSK, Unilever)

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Influencing BAN activities in Europe

• HIGHEST
• Networking between incubators and Business Angels
• KREO
• Creation of BANs in Karlsruhe and Lyon
  (2001-2002)
• PANEL
• Munich Business Angels
• SPRING
• Creation of Business Angel Forum Region Stuttgart
  e.V.
• Initiation of a Business Angel Network Madrid
• START
• Business Angel Network Management (Veneto)

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ESTER Venture Capital Scheme transfer
YOSMA Technology Incubators Israel
Latvia Estonia Slovak Republic
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X-network
Cross Thematic Group on Early stage
Financing Regional seed capital actors Common
Assessment Criteria Reinforce PP Partnership in
regions
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BioLink Co-incubation in Biotech
Five Incubators Two Research Institutes
Key Strengths of partners 10-15 Companies 2-3
start-ups
Best Incubation Practice (BIP) Toolkit
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EDE Paxis Eurocities
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PAXIS - Main Achievements (ii)

• Recognised Brand Name
• (Award of Excellence, Forums, EDE)
• Political Awareness
• (Direct involvement of Policy Makers, ELITE
  -visionary group)
• Ideas Directly from Start-ups
• (Sun Sup Networks)
• Communication Networking Platform
• (Website, Newsletter, synthesis results, GOPP,
  Visiting Schemes)

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Awards of Excellence
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Communication Excellent News

• Published quarterly (14 issues)
• Print run 2000 copies/issue
• Distribution
• PAXIS partners, European Commission
• Gate2Growth, Eurocities
• Content
• Knowledge and learning about
• on-going work and results

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Communication Web site

• www.cordis.lu/paxis
• regular update
• Design, structure, maintenance
• SSBC
• Content generation
• Regions, Projects, AMs
• Stockholm website www.thirdforum.org
• 4th Forum www.fourthforum.org

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Forum for Innovative Enterprises
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Visiting schemes - Results
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GOPP sessions

• 10 network GOPP sessions
• 5 Kick-off GOPP sessions
• 5 Final GOPP sessions
• 6 cross-thematic GOPP sessions
• 2 strategic GOPP sessions

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Innovation support to Competitiveness
Evolution of EU Innovation Policy
Appreciation of the Systemic approach (1995-97)
Appreciation of the Evolutionary Theory (1993)
PAXIS
Innovation Policy 2005
Systemic Approach (1992)
Soft Networks for Innovation
CIP Competitiveness Sectoral Innovation ICT SMEs
Finance Regulations Disparities
Evolutionary Economics (1982)
Technology Policy
Political Value for Innovation Efforts for
Policy Inability to measure
Industrial Policy Science Policy
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Contacts (AM1)

• Paola Finocchiaro (SSBC)
• Paola.Finocchiaro_at_saatchibiz.be
• George Strogylopoulos (Logotech)
  Strogylopoulos_at_logotech.gr

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Finally

• Thank you for your attention