aal2business - towards successful commercialization · 2018-05-07 · go-to-market decision...
TRANSCRIPT
AAL2BUSINESS - Towards successful
commercialization AAL Coordinators day 27.2.2014
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Agenda
1. AAL2Busines
Introduction, objectives and big picture of services? (10 min, Arto)
2. Introduction to business modelling (50 min Henri/Arto)
3. Services in detail - What & how & questions: (45 min)
Methodology workshops, (10min, Arto)
Coaching services (25 min, Arto & Henri)
Business coaching
Support access to private funding –coaching & labelling of projects
Deployment of AAL solutions event (10 min, Marco)
4. Summary, questions and answers (15 min)
VTT creates business from technology for the benefit
of its customers, partners and other stakeholders.
VTT Technical Research Centre of Finland
VTT IS
a not-for-profit and impartial research centre
largest research institutions in the Scandinavia with over 3200 employees (31.12.2012)
VTT HAS:
extensive cross-disciplinary technological and business expertise
over 150 business researchers and developers
outstanding know-how related to R&D for health and wellbeing sector
Nordic Healthcare Group (NHG)
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• Company overview:
– A Finnish knowledge service provider founded in 2003
– Specializes in the analysis, planning and development of healthcare and social welfare service management, quality and structures
– Business areas: Management consulting, benchmarking and analytical tools
– Over 50 experts employed with offices in Helsinki and Stockholm
– Clientele: Mainly of hospital districts, municipalities, private hospitals, venture capitalists, private-equity funds, foundations, associations as well as medical device and other eHealth service providers
Key strengths:
In-depth market knowledge of the health, wellness and social care sectors (+400 projects)
Personnel with multidisciplinary capabilities and educational backgrounds
Close ties to academia and research organizations
Practical experience in moving from project to business and commercializing start-ups
Health Information Management SA
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The hub of a network of SME dedicated to ICT for health and inclusion
HIM SA is a joint venture between HIM Ltd., a UK-based company specialised in ICT strategic consultancy, and Dedalus, a leading supplier of ICT healthcare solution originally in Italy but now expanding in emerging countries.
HIM SA, in its 15 years of activity in the eHealth, eInclusion and AAL
sectors, has developed an unrivalled understanding of the health and
social care markets in several European countries
HIM SA currently pursue three different lines of activities:
EU-funded and commercial projects in the areas of eHealth, eInclusion and AAL (consortia building,
proposal/offer management, project management, quality assurance, business planning)
Consulting on telecare and telehealth services, technologies and business architectures
Business facilitation
HIM SA has built a strong and extensive network of contacts with
leading users organisations in this field which spreads over several
EU Member States and Associated Countries
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AAL2Business Objectives and the overview to the services
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Go-to-market phase Project phase
AAL project
ends
1. Consortium
building workshops
6. Co-innovation environment (TBD)?
Idea generation and initial business case
Funding
decision
2. Business coaching
3. Methodology workshops
Commercialization of AAL solution
within existing organisation
Go-to-
market
decision
AAL2Business services:
4. ’Access to finance’ -services
5. Deployment of AAL solutions events
The development of AAL solution
Preparation
AAL2Business services Focus on providing support in different stages of project life-cycle
(before, during, and after)
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AAL2Business services
6. Online innovation
enviroment
5. Deployment of
AAL solutions event
To provide help for building new consortium
To help all project participants to learn and
leverage business development methodologies
To give hands-on support for the projects for their
specific business development needs
Yearly networking and match-making event
focusing on deployment of AAL solutions
To provide means for further innovation and development
of AAL solutions
To give hands-on support for project on how to
access finance
Goal/focus Primary target group
Organisations planning to apply funding from
new AAL calls
Ongoing AAL JP projects (early phase)
Persons interested in learning new business
development methods
Individual ALL JP projects or
organisations within projects
Individual ALL JP projects or
organisations within projects
3. On-demand
business
coaching
2. Methodology
workshops
1. Consortium
building workshop
4. Support access
to finance
Activity
• Ongoing and finished AAL JP projects
• Individual organisation(s) within projects
• AAL projects seeking for deployers for
their solutions
• Stakeholders interested in the deployment
of AAL solutions
For AAL projects in the end of project life-cycle who:
• seek new partners to co-operate with and
• to exploit synergies between different AAL
solutions.
• Start-ups from AAL projects or
organisations within projects
• Ongoing and finished projects
Aim is to guide and support AAL projects towards successful commercialization
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Tools and methods that may help you
in the path of commercialization?
SWOT
PE
ST
EL
5-forces
SERVICE BLUEPRINTING
BUSINESS PROCESS MODELLING
BUSINESS PLAN
MARKETING PLAN
BUSINESS CASE
CUSTOMER VALUE CANVAS VALUE NETWORK ANALYSIS
MCKINSEY 7S
COMPETITOR ANALYSIS
BENCHMARKING
SERVQUAL
STOF
BUSINESS MODELLING
BUSINESS MODEL CANVAS
CUSTOMER DEVELOPMENT
STAKEHOLDER MAPPING
LEAN START-UP
Slides by VTT and NHG ©
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WHY
DEVELOP BUSINESS
MODELS
Slides by VTT and NHG ©
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Business models: Why?
Motivation
“Competition today is not between different products - it’s
between different business models”
Gary Hamel - ranked #1 most influential business thinker in the world by
the Wall Street Journal
Slides by VTT and NHG ©
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“Technology by itself has no single objective value. The economic value of a
technology remains latent until it is commercialized in some way via a
business model.”
“A mediocre technology pursued within a great business model may be more
valuable that a great technology exploited via a mediocre business
model”
Henry Chesbrough - Haas Business School Professor and creator of the concepts open
innovation and open business models
Business models: Why?
Motivation
Slides by VTT and NHG ©
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Business models: Why? Business model innovators outperform traditional innovators
1,7
0,1
1,7
8,5
6,1
2,7
0
1
2
3
4
5
6
7
8
9
10
Three year period Five year period Ten year period
Process and product innovators Business model innovators
6,8
6,0
1,0
Difference in percentage points (%)
Business model innovators earned a considerable higher average
premium and their returns were more sustainable
(Source: Business week / BCG innovation survey 2008)
Slides by VTT and NHG ©
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WHAT
IS A BUSINESS
MODEL
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How we
create value?
How we implement
our strategy?
How we’re
gonna make money?
Not my problem,
but this technology
is awesome!
Marketing Manager
CFO
Engineer
CEO
Practice?
What is a business model?
Slides by VTT and NHG ©
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A “buzzword” launched during the internet boom which has since become
increasingly popular although rarely defined
Often misinterpreted between people even in the same company
Often used as a synonym for revenue model emphasizing financial aspects
of value and illustrating how firms plan to make money in the long-term
Most important thing is to define common language define what you
mean with business model
What is a business model?
Slides by VTT and NHG ©
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LESSON 1
DEVELOPING BUSINESS
MODELS REQUIRES
A ”COMMON LANGUAGE”
Slides by VTT and NHG ©
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A business model describes the rationale of how an
organization creates, delivers and captures value Osterwalder et al., 2009
Customer segments
Customer relationships
Channels
Revenue streams Cost structure
Key activities
Key partners
Key resources
Value propositions
Business model canvas is a tool to describe, analyse, design and develop business models.
What is a business model?
Slides by VTT and NHG ©
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Source: Modified from Osterwalder et al. 2009
Creating value requires infratsructureCreating value generates revenue
Infrastructure accumulates costs ”Profit zone”
PARTNERS
ACTIVITIES
RESOURCES
CRM
CHANNELS
TARGET
SEGMENTS
VALUE
PROP.
COSTS REVENUES
FINANCE
OFFERINGINFRASTRUCTURE CUSTOMER
PARTNERS
ACTIVITIES
RESOURCES
CRM
CHANNELS
TARGET
SEGMENTS
VALUE
PROP.
COSTS REVENUES
TALOUS
OFFERINGINFRASTRUCTURE CUSTOMER1
2
3
PARTNERS
ACTIVITIES
RESOURCES
CRM
CHANNELS
TARGET
SEGMENTS
VALUE
PROP.
COSTS REVENUES
FINANCE
OFFERINGINFRASTRUCTURE CUSTOMER
PARTNERS
KEY
ACTIVITIES
RESOURCES
CRM
CHANNELS
TARGET
SEGMENTS
VALUE
PROP.
COSTS REVENUES
FINANCE
OFFERINGINFRASTRUCTURE CUSTOMER
4
<
CREATING VALUE REQUIRES INFRASTRUCTURE (3) CREATING VALUE (1) GENERATES REVENUE (2)
PROFIT ZONE: REVENUES > COSTS INFRASTRUCTURE ACCUMULATES COSTS (4)
Business models: What? The logic: A holistic view of your business
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LESSON 2
PROJECT’S DON’T HAVE BUSINESS MODELS
Slides by VTT and NHG ©
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Project’s don’t have business models ... so what is a business model?
Who has a business model?
A holistic view of business of individual organisation
Each company has one or several business models
Projects don’t have business models
Business models are tightly linked to other concepts
In between business strategy and processes
Linked to your company’s network and business environment
Business models are NOT revenue models
What is a business model?
Slides by VTT and NHG ©
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LESSON 3
VIABILITY OF BUSINESS MODEL IS DEPENDENT ON BUSINESS ENVIRONMENT
Slides by VTT and NHG ©
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Business models in the context ”The Rules of the Game”: Opportunities and Barriers for Value Creation
KP
CS RM
VP CSKR
KA
CRM
CHINDUSTRY
FORCES
MARKET
FORCES
KEY
TRENDS
MACRO-
ECONOMIC
FORCES
MARKET SEGMENTS
NEEDS AND DEMANDS
MARKET ISSUES
SWITCHING COSTS
REVENUE ATTRACTIVENESS
MA
RK
ET A
NA
LYSIS
SUPPLIERS AND OTHER VALUE CHAIN
ACTORS
STAKEHOLDERS
COMPETITORS
NEW ENTRANTS
SUBSTITUTE PRODUCTS AND
SERVICES
CO
MPETIT
IVE A
NA
LYSIS
TECHNOLOGY TRENDS
REGULATORY TRENDS SOCIETAL TRENDS
SOCIOECONOMIC TRENDS
GLOBAL MARKET CONDITIONS
CAPITAL MARKETS COMMODITIES AND OTHER RESOURCES
ECONOMIC INFRASTRUCTURE
FORESIGHT
MAKROECONOMICS
Lähde: Muokattu, Osterwalder et al. 2009Slides by VTT and NHG ©
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How to develop
business
models
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LET’S PRACTICE
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LESSON 4
DON’T FALL IN LOVE WITH YOUR BUSINESS
MODEL
Slides by VTT and NHG ©
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Business modelling is a continuous process Companies that could not let go
Slides by VTT and NHG ©
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Evolution of business models Business models are dynamic: They (should) evolve over time
Slides by VTT and NHG ©
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LESSON 5
GET OUT OF THE BUILDING
Slides by VTT and NHG ©
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How to develop business models:
Using the canvas
Essential part of the business model development
is to:
Formulate business vision into testable hypothesis,
and
validating hypothesis through systematic testing
with customers and other relevant stakeholders
Goal is to find facts that helping you to make right
choices
Business model development is not just filling empty spots in the canvas with
post-it notes (prototyping)
There are no facts, but only guesses, inside of your building
Slides by VTT and NHG ©
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How to develop business models:
Some guidelines
1. Business model development requires a common language and processes
2. Business model development is a continuous process requiring time, resources,
management and commitment (no ”silver bullets”)
3. Start early to avoid costly mistakes and use complementary resources to get the full
picture
4. Development tools make the process more systematic: The BM canvas is a good
foundation but it requires other tools to support it
5. From company guesses to knowledge: The customers need to be actively involved.
Other BM components are designed around customers.
6. Partners are needed in today’s market space: Complementary resources that
reinforce each others business models (everyone has their own business model!)
7. Technology alone is not enough: Shift focus from technology offerings to value
proposition, and from selling to serving customers
8. Business model is not revenue model: Business models create, deliver and capture
value – not just capture.
There are no short cuts, it’s hard systematic work
Slides by VTT and NHG ©
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2. Methodology
workshops Want to learn more?
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Methodology workshops:
Networking
Introduce business
development
methodologies
to strengthen the business thinking of projects and involved
organisations
to help participants to understand their weaknesses and
opportunities related to the goal of commercialisation
• to increase understanding of the importance business modelling
throughout the project
• to introduce a specific business development method in detail
• to allow participants to practice the introduced method by hands-on
exercise in small groups
• to enable networking with different AAL JP projects
• new ideas and insights to form other participants to foster out-of-the-
box thinking!
• to give information about the business coaching and other relevant
activities
Strengthen
business thinking
Introduce basic business development tools that projects can utilize
throughout AAL project
OBJECTIVES:
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Methodology workshops: How
Bi-annually
Invitations (open call through AAL CMU/NCPs)
Arranged as a facilitated workshop which mix
different types of organisations and projects
Plenty of time allocated on practical hands-on
demonstration (in small groups)
WAY OF WORKING BASIC STRUCTURE OF WORKSHOP
Introduction - business modelling as a key
method for business development
Introduction to one specific business
development tool (may vary)
Hands-on training
Reflection and feedback
Networking
Some feedback from the pilot workshops:
“Thank you very much for an interesting day yesterday. I found some new inspiration to push on with getting our
product to the market.“
“… was invited for a trans-national AAL2business workshop on how to develop a sustainable business from AAL
project results. All the participants found the one-day collaborative workshop extremely useful. Warm thanks to
AAL for arranging this excellent event!"
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When and how to apply
1st Workshop in
Brussels
2nd workshop in
Bucharest
Time: Tuesday 15th April 10:30 – 16:00 (TBC)
Place: Arts 56 Brussels
Methodological focus: business modelling, and value proposition design
Registration opening: soon
Time: Friday 12th September (the next day from AAL Forum)
Place: AAL Forum venue
Methodological focus: business modelling, and customer development
methodology
Selection process:
• Targeted for those who want to learn more about business development methodologies
• Up to 25 participants/workshop
• First-in first-served (basis), however balanced number of companies, end-users, and researchers
selected
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QUESTIONS?
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3. On-demand business
coaching COACHING SERVICES:
On-demand help towards successful commercialization 4. Support access to
finance
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Focus on developing the business
model(s) of organisation(s) aiming to
commercialize AAL solution
Goal: to help AAL projects to develop
sustainable business around AAL solution
THE BIG PICTURE OF COACHING
Coaching supports AAL projects to reach markets
TWO TYPES OF COACHING
ACCESS TO FINANCE COACHING BUSINESS COACHING
Focus on the presentational aspects of
investment readiness supported by building a
foundation for becoming investment ready
Goal: To help project participants to prepare
themselves in presenting their AAL solution to
potential investors and understanding what it
takes to receive an investment
What coaching is? To whom: to individual AAL project or organisation(s) within AAL project
Objective: provides support for business development and commercialization of AAL projects’ results
Methods: utilizes varying business development methods to validate your hypothesis and improve
business potential
Focus: tailored for the specific needs of the project (or organisation within the project)
Where: Coaching sessions organised flexibly in all AAL partner states
We cannot help if companies are not committed and willing to work hard!
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PRE-SCREENING SURVEY (NEEDS FOR COACHING) • Rough analysis of AAL solution’s market readiness
• Identification of projects that have greatest need for support
HOW TO ACCESS COACHING SERVICES
Projects/companies have two optional tracks for on-demand coaching
PRE-SCREENING SURVEY (PRIVATE FUNDING) • Initial analysis of investment readiness
• Aims to identify companies seeking to access private investment
ACCESS TO FINANCE COACHING TRACK:
For companies that need support to find additional
funding (equity-based private funds)
INVESTMENT READINESS LABELLING • Analysing investment readiness of companies
• Aim to identify best business cases
BUSINESS COACHING • Focus on improving your business model to
increase success potential of commercialization
‘SUPPORT ACCESS TO FINANCE’ COACHING • Focus on improving the ability to present your business
case to investors
YES: Selected for labelling
BUSINESS COACHING TRACK:
For AAL projects/companies that need support for business
development (to commercialize AAL solutions)
Approved
for business
coaching
NOT YET:
Recommended for business coaching Decision
to coach
Is
business
case
sound?
Results from
labelling review
PITCHING BUSINESS CASE IN
INVESTMENT EVENT
Approved
for finance coaching
YES
NOT YET
(recommended for finance
coaching)
Ready to
pitch?
NOT YET
(recommended for business coaching)
Decision
to coach
Need more
support?
New request for coaching
NO Good luck!
GOAL:
SUCCESSFUL COMMERCIALISATION
Did you get
funding?
YES NO
YES
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2. BUSINESS
COACHING WHY, WHAT and HOW?
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Business
modeling
Focus on market forces, trends, and the ‘rules of the game’
Goal is to provide help to (e.g.):
utilize methods for analyzing business environment and changes in it
identify, communicate and seize opportunities in transforming AAL markets
Plan actions that turn market hypothesis into facts
Focus on organizational strategy, strategic planning and business renewal
Goal is to provide help for:
Understanding and communicating “the big picture of your (potential) business”
Introducing methods for analyzing and realigning strategy
Finding justifications for difficult strategic choices
Focus on organizations business development from multiple complementary
perspectives (organisation and its customer, value network, service system)
Goal is to provide help to (e.g.):
Understanding customer value creation and organisations role in value co-
creation within service (eco)system
To turn business model vision into testable hypothesis
Plan actions for iterative validation of BM hypothesis
ON-DEMAND BUSINESS COACHING
Coaching helps projects/companies on understanding market,
improving business model(s), and finding strategic direction
Strategy and
renewal
Understand
the market
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TARGET GROUPS FOR
ON-DEMAND BUSINESS COACHING
Individual SME’s who have
clear commercialization goals
for their AAL solution
LARGE ENTERPRISES
(including other partners) SINGLE SME START-UPS PROJECT CONSORTIUM
For key persons who are
• planning to establish a new
start-up, or
• who are already running start-
up that builds on the solution
developed under AAL JP
For the whole project
consortium
Objective to clarify
business development
plans, roles and
commercialization goals
optimal timing in the
beginning of the project
For large enterprises within
the consortium who have
clear commercialization
objectives.
Note! Must include other
partners to the coaching
session.
ON-DEMAND BUSINESS COACHING
Target groups of coaching vary from whole consortium to
individual organisation
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PHYSICAL COACHING SESSION
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PRE-WORKSHOP PREPARATION
ACTIVITIES
FOLLOW-UP ACTIONS, SUPPORT AND
FEEDBACK
PRE-SCREENING SURVEY: • Rough analysis of AAL solution’s market readiness
• Identification of projects that have greatest need for support
ORGANIZING THE COACHING
ON-DEMAND BUSINESS COACHING
Action plan
Decision to provide coaching is based on project’s/organisation’s need and estimate of
optimal timing for help
Maximum of 3 coaching sessions per AAL project
Final decision from AAL2Business SG: Accepted / postponed / denied
DECISION
Identification of individual needs
Agreement of focus
Arranging physical meeting (location, time, theme,..)
Preparation of the workshop content and structure
Planning home/web pre-workshop activities
Delivering pre-workshop material
Yearly ‘Market readiness’ survey sent to all AAL JP projects
Based on the answers: list of suggested projects (and
rationale) created and delivered to AAL CMU
Accepted for coaching
Carried out as a facilitated workshop in a flexible and tailored way
Goal is to organize session within 2 months from the AAL CMU
acceptance (depending on suitable time for the project)
Follow-up support and impact evaluation
Sharing of experiences and collective learning
Reporting
ON
-DE
MA
ND
BU
SIN
ES
S
CO
AC
HIN
G
New coaching request?
AAL projects express their need for coaching by answering to
the survey
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4. Support access to
finance INTERESTED IN PRIVATE INVESTMENTS?
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Gaining access to private investments after AAL JP
funding ends is challenging
Source: Modified from US Department of Commerce –ITA
AAL JP PROJECT FUNDING EARLY STAGE LATER STAGE
Options mainly business
angels, seed and early
stage VC funds
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Only a very small portion of businesses in general
receive an investment
Source: National Venture Capital Association
The evaluation process also
known as the ”deal funnel” is
extremely rigorous
Most business plans are rejected
immediately
Only some make it to a closer
screening of which even less are
asked to present their case
Extensive due diligence for only
extremely promising candidates
Hit rate for young companies
raising equity is around 1% to 3%
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The economic crisis has made the situation worse: e.g.
total VC investments almost halved
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
2007 2008 2009 2010 2011
Total VC
Seed &Start-up
Later stage
Source: European Private Equity and Venture Capital Association Country Yearbook 2012
Development of total VC investment in thousands of €, EU 2007 - 2011
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4. Support access to
finance NEED FOR HELP TO ACCESS PRIVATE FUNDING?
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General goal of service is to provide knowledge that increases investment readiness and supports
access to finance
Investment
readiness
review
(labelling
system)
On-
demand
coaching
Network of
relevant
private
investors
Focus on the presentational aspects of investment readiness
supported by building a foundation for becoming investment ready
Goal: To help project participants to prepare themselves in presenting
their AAL solution to potential investors and understanding what it
takes to receive an investment
Focus on identifying potential investors in the field of AAL that
projects seeking investments could target and informing investors of
most promising AAL solutions
Goal: To help projects find potential investors and raise investor
awareness of AAL projects as potential investment targets
Focus on assessing the investment readiness of AAL JP projects
and then providing structured feedback to both AALA and projects
Goal: To get an external point of view on how well a project would
succeed in the deal funnel and to find out which areas most need
improvement
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PRE- SCREENING OF INVESTMENT READINESS • Identification of companies interested in private investments
• Identification of coaching needs of AAL projects
BUSINESS COACHING
(action 2)
Max. 3 coaching
sessions/ project
The process of increasing investment readiness starts with identification of companies through ’investment readiness’ survey
Focus on strengthening business case to
increase potential interest from investors
DECISION TO
LABEL AND/OR
COACH (AAL2Business
SG)
Electronic pre-screening survey sent to all AAL projects
Goal is to find out initial investment readiness and motivation to
seek private funding
Project coordinators forward message to potential start-ups and/or
companies in the project who are interested in private funding
Based on the answers: list of suggested projects created and
delivered to AAL2Business Steering Group
Accepted for coaching
INVESTMENT READINESS LABELLING
REVIEW Identifying investment readiness of companies i.e.
readiness to seek private funding
‘SUPPORT ACCESS TO FINANCE’
COACHING (action 4)
Accepted for labeling
Labelling result
Accepted for coaching
Focus on improving the ability to present
business case to investors
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Investment readiness labelling Labeling of projects can be summed up into two measures
1) Investment attractiveness 2) Readiness to seek funding
5 – ”A new Google”
1 – ”Hot-dog stand”
5 – ”Rock’n’roll!”
1 – ”Back to the drawing board”
Answers the question:
”How attractive is the opportunity
from an investor’s standpoint”
Answers the question:
”How prepared is the project to access
financing from outside investors”
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Investment readiness labelling Assessment of projects is done on a scale from 1-5: results determine
which track of training is recommended
1
5
4
3
2
Business coaching
Support access to finance coaching (On-demand training)
ILLUSTRATIVE
Not
ready
Strong
case
Structured feedback also given for improving case in relevant areas
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On-demand coaching Focuses on presentational aspects but ability to improve other areas too
BUSINESS PLANS PITCHING
OTHER AREAS OF INVESTMENT
READINESS
Goal: To provide information on
both the role of a business
plan and how to write a
successful one.
Emphasis on linking business
plan to business model
Goal: To establish a foundation
for giving a successful pitch
and selling your AAL solution and
business case to investors
Focus on both content and
delivery of pitch
PRESENTATIONAL ASPECTS
Goal: To provide background
information for building a more
solid foundation for presenting
(e.g. the role of different
sources of finance,
understanding investor
requirements)
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Increasing awareness of both investors and AAL projects about promising
opportunities
Identifying network and resources
Contacting, informing and activating Maintaining network activity and
matchmaking
Network of relevant private investors
Potential investors and investor networks in
the field of AAL
”Event calendar” of key investment events
Additional resources that help gain access to
investors and improve investment readiness
(Material benefits all projects)
Increasing awareness of promising and
motivated AAL projects about potential
investors
Increasing the awareness of potential
investors of promising AAL solutions
(Focuses on labelled projects with good
reviews)
Reminders of upcoming key events
Guidance for creating and updating profiles for
investment events and applying for meetings
with investors
Reminders and support to remain active in
seeking funding
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3. On-demand business
coaching
HOW COMPANIES CAN GET HELP? 4. Support access to
finance
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On-demand coaching services:
How to get help?
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Who can request training services?
Training can be requested by an AAL JP project coordinator or by individual
organisation under the project by answering the survey
In any case project coordinator has to be always informed about applying service due to
the limit of coaching sessions per consortia
How much of training services can we request?
A maximum of 3 days on-demand training can be allocated to a single AAL JP project
(total for both business coaching and supporting access to finance)
When are the training sessions held?
Aim to deliver training sessions within 2 months of the acceptance of AAL CMU (or
depending on the availability of the consortium partners)
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Why surveys?
Initial analysis of AAL solution’s market readiness / investment readiness
More objective way to identify projects that have greatest need for support
IF PROJECT/COMPANY NEEDS HELP?
ACCESS TO PRIVATE FUNDS – COACHING TRACK Need help to develop presentational aspects in order to
access private funds?
BUSINESS COACHING TRACK: Need help in business development/commercialization of
your aal solution?
Goal: To help project participants to prepare
themselves in presenting their AAL solution to
potential investors and understanding what it takes to
receive an investment
EXPRESS NEED BY ANSWERING MARKET
READINESS SURVEY EXPRESS NEED BY ANSWERING ACCESS TO
PRIVATE FUNDING -SURVEY
On-demand coaching services:
How to get help?
Goal: to help AAL projects to develop sustainable
business around AAL solution
To be launched soon
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AAL CMU
Raquel Fernandez-Horcajada, Programme Officer
AAL2Business coaches [email protected]
QUESTIONS?
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5. Deployment of AAL
solutions WHY, WHAT and HOW?
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DEPLOYMENT OF AAL SOLUTIONS :
Objectives
to provide an understanding of who the potential buyers of AAL solution are
and what their motivations are likely to be
to Inform the participants about the existing evidence of the impact of AAL
solutions on elderly care and support for independent living
to introduce the participants to the features of the AAL market by clustering
national markets according to similarities and reducing them to a limited
number of models
to familiarise the participants with innovative business models for the
deployment of AAL solutions
to provide networking opportunities between AAL project participants and
stakeholders looking to deploy AAL solutions and private investors interesting in
investing in AAL companies
Networking
Introduce
Strengthen
market
comprehension
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Deployment Event
1st event: September 9th 2014, Bucharest
Open for everyone
Targeted participants:
AAL-project participants
Deployers (end-users organizations)
Investors
Matchmaking support for the event
B2Match (used for matchmaking and planning meetings before the
event, sharing ideas, registeration, feedback)
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QUESTIONS?
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Summary of relevant activities
5. Deployment of
AAL solutions event
To help all project participants to learn and leverage
business development methodologies
To give hands-on support for the projects for their
specific business development needs
Yearly networking and match-making event
focusing on deployment of AAL solutions
To give hands-on support for project on how to
access finance
Goal/focus Primary target group
Persons interested in learning new business
development methods (from ongoing AAL JP
projects)
Individual ALL JP projects or
organisations within projects
Individual ALL JP projects or
organisations within projects
3. On-demand
business
coaching
2. Methodology
workshops
4. Support access
to finance
Activity
• Ongoing and finished AAL JP projects
• Individual organisation(s) within projects
• AAL projects seeking for deployers for
their solutions
• Stakeholders interested in the deployment
of AAL solutions
• Start-ups from AAL projects or
organisations within projects (ongoing and
finished projects)
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Experienced business professionals at
your service
AAL market knowledge: Very familiar with the challenges AAL projects
and service providers face
Strong business capabilities: In-depth business expertise that can be
leveraged to help develop your solution and business model
Highly motivated team: Our goal is to help you reach the market
Broad service offering: Several services offered which target different
areas and phases of development
Price: Offered services free of charge for projects
Changing the date: View – Slide Master – change the date on the slide master uppermost
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AAL CMU
Raquel Fernandez-Horcajada, Programme Officer
AAL2Business coaches [email protected]
QUESTIONS?
TECHNOLOGY FOR BUSINESS
Backup material - Following slides will not be presented but
are there just for back-up