BOOSTING IT ECOSYSTEMS WITH ZERO BUDGETS: ROLE AND IMPACT OF INCUBATORS
Viacheslav Maiakin, founder InnovationBOXDnipropetrovsk, Ukraine
2.5 bln $
Ukraine has the largest and fastest-growing number of IT professionals in Europe
Ukraine IT engineering work force is expected to double to over 200,000 by 2020
Ukrainian talent can offer a wide range of engineering capabilities
US market is the main destination for Ukrainian IT firms, with an estimated 80% volume of exported services
Over the past year, Ukraine has significantly improved its status in international business venue rankings
Ukraine has the long history of country of innovation and now it is unleashing its potential in IT space, again
VERTICAL SELECTED COMPANIES
Web
Mobile
Enterprise
Growing number of Ukrainian startups become successful internationally
Last year Ukrainian startups made “exits” total for 500 mln dollars
Why?
BOOSTING ECOSYSTEM
IT ECOSYSTEM of UKRAINE
32 Tech Universities
100 + IT schools
10 IT-HUBs
12 Incubators
5 accelerators
100+ co-workings
5 venture funds
100 + angel investors
2 angels associations
1000+ IT-companies
2000 startups
INNOVATION ECOSYSYTEM ROLES
Co-workingIs NOT an incubator,Karl!
TRIANGLE WITH “WIN-WIN”
• development• prestige, status• international programs• new
• Resources• Status• Promotion
• PR• real influence & value• loyalty • target audience
Universities
Business-incubator
Authorities
ZERO BUDGET MODEL
START linking stakeholders needs to resources
fast start – no conflicts - minimun risk
STOP asking about the money
WORKFLOW
1. events, meetups2. study programms3. hackathons4. mentorship5. fundraising
SELF-BUDGETING
EventsComplementary servicesFundraising
TRACTION
160 incoming requests
60 interviews
7residents
5 projects gained investments700 000 $
TOP 100Growing
incubators in Europe
1 year 2 forums50+ workshops and meetups2000+ people engaged
ECOSYSTEM BUILDING
EGAPDnipro
SPACEHUB
NASA ChallengeIoT HUB Dnipro
BUDGET – 0,00
3 month ago we started…
space incubatorIoT laboratory3D print laboratory
IT-entrepreneurship schoolevent-zonestartup museum
space-hub.com
TechNation• 100 libraries into education HUBs• free courses• MIT, Stanford programms• 3 month course• 4 000 students a year• 1000 graduates• +5000 specialists to 2020
brainbasket.org
JUST RIGHT NOW
February 13-14Dnipropetrovsk, Kyiv, Odessa, Kharkiv, Lviv
SUMMARY
• incubators – rocket engine for the ecosystem• crisis is an opportunity• co-workig – is not an incubator• resoures are all around• stakeholders needs is the key to sucsess• networking!
Questions?