nupharo incubation program

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NupharoSmart Energy Innovation Campus

Nupharo Incubation ProgramBasic InformationApril 2014

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Content

About Nupharo ……………………………..….…..…03

Nupharo Campus ………………………………………. 08

The Incubator ……………………………………………. 13

Why to join the Incubator ……………..…..………18

The admission ………….………………….……………. 22

Incubation program ……………………………........ 29

Pilot ……………………………………………………….…. 32

Timing and next steps ……………………………….. 35

VISIONNupharo is being built to contribute to the possible solutions of creating, storing and using energy in a smart way.

MISSIONNupharo strives to create an entrepreneurial community in a green environment, where new ways of solving the society’s energy challenges with focus on smart energy using direct current technologies are tested, exhibited and brought to commercial use and everyday lives.

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Nupharo vision & mission

Diversified rental space up to 50,000 m2, including production facilities, offices, showroom, meeting rooms and conference hall, hotel, restaurant, fitness and nursery.

Center for transfer of technology with unique amenities and equipment.

Key Nupharo services: Unique technologies Production facilities Access to strategic investors Public and private funding Marketing and distribution Legislative support

Sustainable and eco‐friendly focus.

Devoted team with extensive experience in investments, academia, business and public institutions.

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What is NupharoNupharo is developing the first business incubator and innovation Campus dedicated to promotion of Direct Current and Smart Energy.

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Uniqueness of Nupharo Unique focus

Technological park of the third generation focused on smart energy & DC („direct current“). Integrative approach to the use of DC.

Unique partnership

Corporate risk sharing opportunity. Companies involved in the project ‐ both financially and strategically ‐ are listed among

the Fortune Top 500 companies. Cooperation with universities worldwide.

Unique opportunities for start‐ups

Access to several billions Euros from EU grants for companies with innovations and start‐ups. International networking and link to worldwide DC Community.

Unique fit with strategic regional development

Huge potential of the Usti region ‐ as one of the least developed regions, the Czech government supports its development and investments.

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Nupharo focus

Direct Current

Smart Energy

Internet of things

Energy Accumulation

e‐Mobility

Smart Grids

Energy Efficiency

Decentralized generation

THINK TANK

Nupharo can help to find the value for each topic and translate such a value into commercial benefits.

Switching from AC to DC is a rapidly expanding global business, saving billions of Euros on energy costs.

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Content

About Nupharo ……………………………..….…….… 03

Nupharo Campus ………………………………….….08

The Incubator ……………………………………………. 13


The admission ………….………………….……………. 22


Pilot ……………………………………………………….…. 32


Nupharo is developing the Campus as a solid ground for business, providing up to 50,000 m2 of diversified rental space.*

Business center offers 4 production halls, incubator, numerous offices and exhibition space (showroom).

Welcome centers offers conference hall, training center, offices, hotel, restaurant & cafeteria, nursery and fitness area.

The outdoor space brings the campus residents together.

First space available: January 2015.

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The CampusDiversified rental space, carefully designed with facilities for business, science and life.

* Phase I.: 16,000 m2, Phase II.: 34,000 m2

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The Campus location

LOCATION ADVANTAGES1. Located in northwestern part of CR

2. Easy access to German / Czech / Polish markets

3. Two international airports within one hour drive time (Prague, Berlin)

4. Adjacent to major EU highway

5. Close to major EU cities

6. EU promoted region

OVER 6 MILLION PEOPLE WITHIN 1 HOUR DRIVEDresden: 50 kmPrague: 80 kmChemnitz: 120 kmUsti n/L.: 6 kmTeplice: 18 kmLeipzig: 150 kmBerlin: 250 km (+2 hrs)

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The Campus site plan (Phase I.)

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The Campus special features

Substantial reduction in electrical energy consumption.

Energy accumulation.

E‐mobility and ICT technology.

Datacenter with DC technology (savings).

Renewables.

Reduction in fuel consumption and emissions.

Share electricity (AC / DC).

Power over Ethernet.

Non‐stop stations for emission measurements.

International LEED certification targeted.

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Content

About Nupharo ……………………………..….…..…..03

Nupharo Campus ………………………………………. 08

The Incubator ……………………………….…………. 13


The admission ………….………………….……………. 22


Pilot ……………………………………………………….…. 32


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The IncubatorNupharo looks for innovators with the right potential to help them develop their ideas to make them successful.

The business incubator strives to attract a wide range of businesses or academic institutions with an innovative product or service in the area of smart energy.

Nupharo will choose around 7‐10 start‐ups every year for later stage development and the can support new businesses for 3 years.

Companies can exit the program by successfully attracting strategic investors or by becoming independent businesses.

Nupharo facilitates access to several billions of Euros supported by EU for companies with innovations and start‐ups.

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The Incubator focusNupharo is looking for innovative ideas in the phase between prototype and mass deployment.

Ideas how to deploy smart energy / DC technology Prototypes ready for commercial development

OR The research phase of the project completed

Basic R&D Applied R&D Qualification of Technology

Commercial Deployment

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The Incubator program overviewDeveloping new business requires a structured approach.

1. ADMISSIONProgram entry and incubation conditions set up

3b. OUT EXITProgram exit to become independent business

3a. UP EXITProgram exit and successful entry of strategic investor(s)

Nupharo can support new business for three years. During that time the customers will go through the following stages:

2b. INCUBATION Developing a new business by efficient use of the incubation services and benefits of campus community

2a. PRE‐INCUBATION Developing a sound market strategy and business plan for the innovative idea

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Four key services in Nupharo incubator

Facilitation of Admission/ Monitoring / Exit process of

incubated companies

Operational services to incubated companies

Ancillary services provided to campus community

Rent and facility services to tenants and incubated

companies

Admission/ Monitoring/

Exit

Incubation Services

Ancillary services

Facility Services

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Content

About Nupharo ……………………………..….…....…03

Nupharo Campus ………………………………………. 08

The Incubator ……………………………………………. 13

Why to join the Incubator ………………..………18

The admission ………….………………….……………. 22


Pilot ……………………………………………………….…. 32


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Why to join the incubatorThe incubated companies can take advantage of a wide range of benefits:

Better access to know‐how, private investment resources and all other services to commercialize their smart ideas.

Funding, commercial development and facilities provided by Nupharo.

International network of like‐minded professionals and institutions.

Training and contact with business experts.

Link to worldwide DC Community.

Nupharo has a close cooperation with: University of Pittsburgh, Delft University of Technology, University of Jan Evangelista Purkyne in

Usti nad Labem, Institute of Chemical Technology in Prague (VSCHT), Czech Technical University in Prague (CVUT), Technical university in Liberec

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What will you getSpace Nupharo Incubator offers expandable and flexible open plan lay‐out with space from 20 m2. Flexible offices are complemented by professional services necessary in the early phase

of market entry. Showroom & Exhibition area ready for special presentation and exhibition events. Production hall & Storage space to rent.

Support Nupharo is ready to help incubated companies to develop a successful business of their product

by offering incubation services, including unique technologies, background, legal services, marketing and distribution, etc.

Investment Be part of the investment program into the new technology and innovation ideas. Nupharo guarantees the access to strategic investors and/or public and private funding.

Community Nupharo creates a global community from investors to scientists and start‐ups to industry

leaders connected by their smart energy and interest in direct current technology.

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What it will cost you

Admission/ Monitoring/

Exit

Incubation Services

Ancillary services

Facility Services

Free of charge 1. Pre‐incubation phase – symbolic fee (1 CZK)

2. Commercial rate (investors / EU funds co‐financing)

Commercial rate

Competitive conditions are available for incubation program participants.

1. Pre‐incubation phase – symbolic fee (1 CZK)

2. Commercial rate (investors / EU funds co‐financing)

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Content

About Nupharo ……………………………..…...…..…03

Nupharo Campus ………………………………………. 08

The Incubator ……………………………………………. 13


The admission ………….……………….……………. 22


Pilot …………………………………………………..…..…. 32


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Admission – Process

Preparationof DocumentsInformation gathering –applicants.

Submission of applicationsApplication information provided by applicants.

Consideration of ApplicationsApplications which have been completed correctly are sent to members of the advisory committee for consideration.

Receiving the status of participantAfter the application has been recommended by Advisory Board and approved by NPH Board of Directors, the company is entered in the register of incubated companies (projects).

Benefits to ParticipantsThe incubated companies will be able to use all the benefits offered by the unique DC focused cluster and also gain access to the infrastructure of Nupharo Incubator services.

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Admission application

Key Facts On Application:

Available on request or on the www.nupharo.com

To be filled in and sent to [email protected]

Opening of Pilot Incubation Admission Round – April 11, 2014

Application deadline for Pilot – April 25, 2014

Application will be evaluated by Nupharo Advisory Board.

Selected short‐list of candidates will be invited to interviews.

The Admission process starts with Application submission.

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Pre‐announced topics

2 – 4 application deadlines per year

Application forms on the internet

- Company info and structure

- Field of the innovation

- Innovation description

- Why the company should be enrolled

- Financial situation

- IP rights, Patents

- Recommendations

Facilitated by NPS staff

- Enrollment contract

- Equity structure

- Financial conditions

- KPIs

- Timeline

- Mile stones

- Office space/ production halls allocation ‐tailor‐made if necessary

Fits into smart energy concept/DC

Compliant with announced topics/or largely attractive

Innovative

Suitably developed (prototype etc.)

Technically and resource‐wise feasible

CSR & ethics

Manageable in terms of antitrust conflict

Attractive and trustworthy financial outlook

Facilitated by the Advisory Board

- Application review

- Shortlisting

- Interviews/ evaluation

- Final admission recommendation

Confirmed by NPH BoD

Process Decision Criteria

Selection Program Enrollment

Admission – Key principles

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Admission – Who will decide

Detail competencies:

Evaluates market conditions in the area of DC/smart energy as well as Nupharo’s contribution to innovation in DC/smart energy.

Defines priority topics that should be further developed in Nupharo campus.

Facilitates the admission process of incubated companies.

Evaluates applications, carries on the selection process for Nupharo incubation program.

Composition:

Nominated representatives of strategic investors

Representatives of academia

Nupharo team

Governing body of Nupharo incubation program admission process is so called Advisory board (NAB). NAB serves as an advisory body for Nupharo Holding BoD to define Nupharo technological strategy and to facilitate the Nupharo incubation program admission process.

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Admission – Selection criteria

Innovation Share – 20 % Does not copy already commercial products

DC/Smart energy Share – 40 % Fits into smart energy concept/DC

Compliant with technological strategy/or largely attractive

Finance & Legal

Status of Development

Share – 40 %

Share – 20 %

Attractive and trustworthy financial outlook CSR & ethics Manageable in terms of antitrust conflict

Suitable technical development (prototype etc.)

Technically and resource‐wise feasible Team seniority and complexity

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Admission – Decision making

Pre‐selectionSelection

Pre‐incubation Phase

Selection Incubation Phase

Comment

Outcome

Evaluation of written applications based on the decision criteria

Shortlist of applicants for final evaluation

Interviews (incl. site visits where applicable) with the shortlisted applicants

List of applicants recommended for pre‐incubation phase admission

Evaluation of Pre‐incubation outcomes and final recommendation for incubation including proposal for the investment commitment from the strategic investors.

List of applicants recommended for incubation phase admission

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Content

About Nupharo ……………………………..….…….… 03

Nupharo Campus ………………………………………. 08

The Incubator ……………………………………………. 13


The admission ………….………………….……………. 22

Incubation program …………………………........ 29

Pilot ……………………………………………………….…. 32


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Pre-incubation phase

Start upEnrollment

Technical Solution

Market Strategy

Business Plan / Financing

Feasibility StudyApplication for Incubation Phase (investment)

Timeline1 month 3 months 1 month 1 month

Training/Coaching/Mentoring

Investor teasing/EU funding search

Back Office

Monitoring Application ‐Incubation

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Incubation phase

Start upEnrollment (facilities, financing etc.)

Design /Test product

Prepare Exit

Training/Coaching/Mentoring

Investor teasing/EU funding search

Back Office

Prepare Market Entry

Build Organization

First Batch Commercial Production

Sales and Market Growth

Grow Organization

Timeline

Exit

Year 1 Annual Monitoring

ExitYear 2 Annual Monitoring

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Content

About Nupharo ……………………………..….…….… 03

Nupharo Campus ………………………………………. 08

The Incubator ……………………………………………. 13


The admission ………….………………….……………. 22


Pilot ……………………………………….……………..… 32


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Why Pilot

Open access to Nupharo community to attractive projects even before the campus completion.

Offer immediately a competitive environment and support for developing innovative ideasin the area of DC/smart.

Accelerate preparation for the real incubation in the campus (space, financing etc.).

We will be limited in space but not in quality….

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The Pilot scope

1. ADMISSIONProgram entry and incubation conditions set up

2b. INCUBATION Developing a new business by efficient use of the incubation services and benefits of campus community

3b. OUT EXITProgram exit to become independent business

3a. UP EXITProgram exit and successful entry of strategic investor(s)

2a. PRE‐INCUBATION Developing a sound market strategy and business plan for the innovative idea

Scope of Pilot Fully available after campus opening (6/2015)

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Content

About Nupharo ……………………………..…...…..…03

Nupharo Campus ………………………………………. 08

The Incubator ……………………………………………. 13


The admission ………….………………….……………. 22


Pilot …………………………………………………………… 32

Timing and next steps ………………….…………..35

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Key project milestones

Action Deadline

Construction Kick off 10/2013

Foundation 05/2014

Pre‐incubation pilot launch 06/2014

Completion of supporting structures 02/2015

Construction completion 06/2015

Incubator launch 06/2015

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Pilot – Steps and timing

Action Deadline

Admission kick off 11/04/14

Application deadline 25/04/14

Short‐list 20/05/14

Interviews with candidates 21/05/14 ‐ 03/06/14

Final selection 10/06/14

BoD approval 26/06/14

Enrollment 01/07/14 ‐ 31/07/14

Pre‐incubation 01/08/14 – 31/01/15

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Nupharo – designed for business, science and life

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Please contact us for more information:

NUPHARO PARK, a.s.Vaclavske namesti 57110 00 Praha 1CZECH REPUBLIC

www.nupharo.com

MARTINA MATOUŠKOVÁ[email protected]+420 606 704 923

JANA RYŠLINKOVÁ[email protected]