International Summer School onENTERPRENEURSHIP & TECHNOLOGY VENTURING

9 - 13 July 2012VentureLab Twente

Business Venture name: “Europe-Based Entrepreneurial Solutions” Author: Dimitrios Kordas

“GET INSPIRED” Trade off: WHO commands WHO?

High Unemployment Rates

Population Growth

Economic Crisis

Enviromental SustainabilitySocial & Professional Mixing

Maximize Profitability

Customer Requiremnts Management

Limited Monetary Funds

Organizational Restructuring

Sustain long-term relationships

Academic networks

Spin-offs (e.g. 61 in Delft, 800 in Twente area.) Incubators

Strategic partnerships (e.g. 3TU.)

University Spin Offs (USOs) Performance

UNIVERSITIES

Mechanical

Nanotechnology

Enviromental

Electronics

• Business Culture• Spatial proximity

External factors

• Heterogeneity of contracting

• Tightness / Looseness• Strength of relationshipsInternal

factors

Business Culture

Spatial proximity

Heterogeneity of contracting

Tightness / Looseness

Strength of relationships

What are we dealing with?

(Chart 2)

(Chart 1)

Chart 1. Share of highly educated aged 15 and over among the five main emigrant populations, by regions of origin, 2005/06 and 2000

Source: OECD, 2010

Chart 2. GDP Growth Scenarios Source: OECD, 2012

Future expectations

• Capitalize and commercialize more and more throughout the University Spin Offs (USOs).

• Commit investing firms using long-term contracts.

• Increase governmental funding to academic networks.

• Decrease products-delivering relations between institutions and industry.

Available solutions

++ Strategic partnerships among Dutch and European universities.++ Increase the number of USOs towards enhancing regional and

national growth.+ Patenting for promoting scientific excellence and reputation.

-- USOs are often too technical with lack of marketing & business development plans.

- USOs are tightly linked to the academic ‘know-how’.- USOs’ margins do not contribute directly to exploiting new

markets; instead they are locally domain-specialized.

Proposition

Restructuring the relation between Universities – Spin Offs – Private Firms – States.

Unique selling points

EU Innovative regulations pushing governments for investing more on creating industrial and academic R&D departments.

Incentives for entrepreneurship transfer from one land to another; full exploitation of educational immigration. The internationalisation of firms accelerates without any additional recruiting costs!

The more you invest, the more your market share will be and your return rate will be augmented gradually, guaranteed by EU and internal legislation. The brand name will be socially & academically established.

Potentiality to develop computerized investment analysis tools, based on geo-demographical data and economic, production capabilities.

‘Money is always money’

• At a Break Even Point preliminary analysis, the calculated needed capital is 600,000 €.

• Equity base 15%. • The starting point of designing fully the company and

acquiring infrastructure assets is estimated in September 2013.

Let’s conceive together the EBES vision. > From Local to European impact.

Closing

THANK YOU FOR YOUR ATTENTION!

Dimitrios Kordas