Infrastructure and Spinoff Creation at the University of Twente

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Infrastructure andSpin-off Creation at the
University of Twente
Ir Jann W.L. van Benthem NIKOS
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Twente
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University of Twente

• Founded in 1961
• Technical and social sciences
• 6000 students
• Focus on
• - Computer science Telematics
• - Micro/Nano-technology
• - Biomedical technology
• - Chemical Process Technology
• - Governance Studies

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Mission statement TOP

• To stimulate as many people as possible to
  create a company on the field of knowledge of the
  University of Twente that has a good possibility
  to survive in the long run.

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TOP Offers (During 1 Year)

• Position in a UT-research group
• Know-how mentor
• Space facilities
• Image
• TOP-assessment committee
• Business mentor
• Training course for business plan
• Interest free personal loan of E12.000
• TOP lunch

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Who can apply for TOP?

• Entrepreneurial people who want to develop a
  product or service in co-operation with the UT
• - UT-graduates and UT-researchers
• Graduates from other universities
• People from industry

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TOP-Requirements

• Knowledge based companies in incubation phase
• Entrepreneurs - no students
• Full time commitment
• Establishing company in Twente-region
• Commitment of a research group of the UT
• Business plan clear view on business concept,
  need for TOP loan
• Entrepreneurial attitude

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Reasons to start TOP

• To promote an entrepreneurial climate at the UT
• To be surrounded by companies who are active on
  UT fields of knowledge
• Contribution to regional development
• generating spin-off companies
• transferring knowledge

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Management of TOP

• TOP coordinator
• Marketing
• Project management
• Quality control
• Fund management
• TOP assessment committee
• Assessment of business plan
• Evaluation during top-year

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TOP Selection procedure

• Intake by rough selection (100)
• Search for commitment research group
• Assistance in preparing business plan
• Assessment by TOP-committee (20)
• Targets to be evaluated in TOP-year
• Financial contract in case of loan

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Survival rate of the spin-offs 76-00
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Region

• Tot. TOP Other
• UT Campus 9 4 5
• Business Sci. Park 43 23 20
• Enschede / Hengelo 72 46 26
• Twente 24 18 6
• 75 stay in region
• 30 keep close contact with UT
• Total 3134 employees in UT Spin-offs
• Average TOP 5.6 Other 9.8
• TOP 100 new employees / year

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Main fields of activity

• Tot. TOP Other
• Management Stud. 45 27 18
• Mechanical Engin. 37 23 14
• Information C.T. 36 24 15
• Micro System Techn. 22 12 10

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Financing TOP

• Loan revolving fund
• University (Always 50)
• 1984-1989 ministry of economic affairs
• 1889-2001 European Social Fund
• 2002 University 100
• 2003-2004 EFRO

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Entrepreneurship Stimulation

• 1983 BTC
• 1984 TOP
• 1984 Course
• 1990 Business Science Park
• 1995 Research institutes
• 1996 INNOFUND
• 1999 USE
• 2000 Twinning seed capital
• 2000 Minor entrepreneurship
• 2001 NIKOS

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More Information ?

• University of Twente NIKOS TM
• PO Box 217
• NL 7500 AE ENSCHEDE
• Tel [phone]
• Fax [phone]
• j.w.l.vanbenthem_at_utwente.nl
• www.utwente.nl/top