The IVF Centre of Excellence for Industrial Innovation

1
The IVF Centre of Excellence for Industrial
Innovation

• Fostering innovation in the Swedish manufacturing
  industry
• Glasgow 021205

2
The Swedish Paradox

• Sweden is
• 1 in Europe in per capita RD spending
• Below EU average in new business creation
• At EU average in productivity growth

3
Increasing cost pressure

• Globalisation of markets puts competitive
  pressure everywhere
• Manufacturing increasingly outsourced and moved
  to low-cost countries
• 36 000 jobs lost from large corporations last 3
  years
• Existence of SMEs in supply chain threatened

4
Venture capital

• Dramatic decrease since 2000
• Early stage financing virtually wiped out
• Industrial manufacturing not attractive to
  investors

5
The antidote

• Create a process for commercialisation of ideas
  within manufacturing engineering
• Provide facilities and infrastructure for new
  enterprises
• Create a network for financing and competence
  supply
• The CEII at IVF!

6

• IVFs core areas
• Product and process development mechanical
• Product and process development electronic
• Information and communication technology
• Environment and operational development

IVF Luleå
IVF Stockholm
IVF Linköping
IVF Göteborg (Mölndal) IRC
Turnover 2001, EUR 20M
170 employees
7
IVFs brave goal Turn RD into growth

• Create 1000 new companies with 100 employees
  each
• Thomas Nordström, CEO

8
IVFs innovation process formerly
Publication
?
Patent
?
?
Finish
Start
?
9
IVFs new innovation process
New company
Business planning
Patent
Licensing
Start
Finish
Internal product
Innovation check
Business development project
RD project
10
The CEII

• Network based 2-3 employed
• Using existing infrastructure at IVF
• Strong network with entrepreneurs, VC, IPR, and
  other relevant expertise
• USP Expertise and resources within industrial
  products
• Will accept projects from IVF, other institutes,
  universities, industry and private innovators

11
Current projects

• Powderwood new composite material
• Fcubic new process for rapid production
• Nanodynamics Group new electronic paper
  display technology

12
Future plans

• Currently feasibility study stage
• CEII Centre of Excellence for Industrial
  Innovation
• National funding programme for incubators call
  for proposals in 2003
• Regional seed funding available will be used