meet the unicorns - greater zurich area
TRANSCRIPT
GZA webinar – November 7, 201912 pm EST / 9 am PST / 6 pm CET
with C-level executives of Acronis and Numbrsgreaterzuricharea.com/unicorns
Meet the unicornsGreater Zurich as the preferred location for successful start-ups
Your host today
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Reto SidlerHead of Communications and MarketingGreater Zurich Area Ltd (GZA)
Webinar housekeeping
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All webinar recordings available on: greaterzuricharea.com/webinars
The start-up ecosystem of Switzerland
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Source: SICTIC anddigitalswitzerland
May 2019 CC-BY-NY-SA & Latest version: www.sictic.ch/map
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Corporate Ventures
VC Funds
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Incubators& Accelerators
Events & Networking
Science, Teaching& Transfer
Co-Working & Training
Consulting & Coaching
Awards& Support
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Investors
InformationPlatforms &Associations
Swiss TechStartup
Ecosystem
Foundations
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Greater Zurich Area – concentrated technology excellence in Europe's most stable enivornment
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Top positions worldwide in terms of talent availability, innovative strength, competitiveness and quality of life:
greaterzuricharea.com/rankings
Best university in the world outside USA/UKWorld leader in spin-offs (>25 per year)>90% survival rate in first 5 yearsTechnology Transfer Office of the Year 2019
ETH Zurich
"Investing in Zurich was the best decision we've ever made."
Eric Schmidt, former CEO of Google in a newspaper interview
World-leading technology ecosystems: • Life sciences• Information technologies• Fintech & blockchain• Robotics & intelligent systems• Advanced manufacturing
• Plus: International headquarters
A selection of research locations of global technology leaders in the city of Zurich
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Greater Zurich Area Ltd (GZA) – a public-private partnership
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Partners from business and sciencePublic members
Greater Zurich Area Ltd (GZA) – a Swiss business conciergefor companies looking to grow internationally
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Free of charge services:• Provide technology- and industry-specific insights and key contacts• Advice with regards to R&D incentive programs, work permits, taxes• Advice on setting up a company and legal forms• Connect to leading professional, legal and accountancy service providers• Identify office space, industrial sites and business parks• Organize site visits• Find research partners at globally leading universities including ETH Zurich, University of
Zurich, Universities of Applied Sciences
Shachar RabbeChief Financial OfficerAcronis
BA in Accounting and Economics fromThe Hebrew University in Jerusalem,MBA from Ben-Gurion University
Career: Orbotech
Fynn KreuzExecutive Board MemberNumbrs Personal Finance AG
Applied Media and Communication Sciences, Hamburg
Career: Coca-Cola, Puma, brand strategy consultancy
Today's speakers
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Acronis@Greater Zurich AreaDestination for Success
Shachar RabbeChief Financial Officer, Acronis, Schaffhausen
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Acronis is the Global Leader in Cyber Protection
100% of Fortune 1000 • 50,000+ partners • 500,000+ businesses5,000,000+ prosumers • 150+ countries • 1,400 employees • 32 locations
30% overallgrowth in 2019
200% Cloud growth in 2019
40%+ accelerating growth in 2020
Dual Headquarters forDual Protection
Corporate HQ in Switzerland since 2008
Founded in 2003 in SingaporeInternational HQ
$147MAcronis Cyber
Dragon “Unicorn”
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Cyber Protection for the Digital World5 Basic Needs 5 Key Benefits5 Vectors of SAPAS
Data Protection Cybersecurity
Safety Accessibility Privacy Authenticity Security
S A P A SCyber Protection
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Cyber Protection for the Digital World5 Basic Needs 5 Key Benefits5 Vectors of SAPAS
Water Food Shelter Cyber ProtectionAir
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5 Basic Needs 5 Key Benefits5 Vectors of SAPAS
Cyber Protection for the Digital World
Easy Efficient Secure Reliable Controlled
Cyber Protection for All Data, Applications and Systems
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Top 5 Reasons to Choose Greater Zurich Area
LocationClose to Swiss cantons of Zurich and Thurgau, as well as Germany
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Taxation Total corporate tax liability of just 12 to 12.5+ deductions on R&D costs
InfrastructureModern offices
International hubBroad networking opportunities
Quality of LifeSafest and most stable environment
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Availability of talents:Schaffhausen Institute of Technology (SIT)
Schaffhausen Institute of Technology – springboard for Swiss, EU and Global partnerships
20-YEAR VISION – THREE PILLARS
100+ global industry partners$100M+ investment over 8 years$500M+ annual revenue in 15 years2,000+ new jobs in Schaffhausen5 campuses in all major regions8’000+ graduates each year globally500’000+ m2 of real estate worldwide
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Low ordinary tax rates Effective corporate income tax rate between 12-12.5%.
Advantages of the Swiss tax system:Case of Schaffhausen
Incentives for innovation • Patent box regime: 90% tax relief• Super-deduction on R&D costs
Additional deduction of R&D expenses for 5 years
Implementation of a business migration step-up Upon relocation to Switzerland, a foreign company/branch can disclose hidden reserves including goodwill in a tax-free manner. Hence, in the first few (up to 10) years the company may benefit from additional depreciations on such disclosed hidden reserves and goodwill.
Tax Rates
Incentives
Additional depreciations
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www.acronis.org
Building new schools • Providing educational programs • Publishing books
CREATE, SPREAD AND PROTECT KNOWLEDGE WITH US!
Building a more knowledgeable future
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NumbrsGreater ZurichArea Webinar
No. 1 Multibank in Germany
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• Downloads 2.2 m • Bank Accounts 1.8 m • Assets CHF 11.0 bn
Vision
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The No. 1 Multibank in the World.
Headquarters in Zurich, Switzerland150+ staff
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Headquarters in Zurich, Switzerland
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150+ staff
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The 1st Swiss FinTech Unicorn
Sir Ronald Cohen Marius Nacht
Pierre Mirabaud
Martin Saidler
50+ first-class investors back Numbrs
Lombard Odier
Alan Howard Sovereign Wealth Fund Fin VC backed by
Numbrs is advised by influential leaders
Sir Victor Blank
Former Chairman Lloyds TSB
Dr. Viviane Reding
Former Vice President EU Commission
Dr. Philipp Rösler
Former Vice Chancellor Germany
Dr. Jacob A. Frenkel
Chairman JPMorgan Chase Int.
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One app for all your bank accounts
Numbrs is built on three pillars
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Customers Aggregation DistributionData
I. II. III.
Product provider
Spending
Profile Income
Job
Wealth
Residence
2019 Management Presentation
Distribution: 30+ leading partners
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Zurich Advantages
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• In the heart of Europe• Economic and political stability • International environment • Finance centre• Top universities & companies
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Thank you.
Your questions?
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Ask Shachar and Fynn your questions!
greaterzuricharea.com
Have we left one of your questions unanswered?Give us a call or send us a message and we'll be in touch shortly.
United States: +1 646 586 5507Switzerland: +41 44 254 59 59
greaterzuricharea.com
Greater Zurich Area –concentrated technology excellence in Europe's most stable environment