NOKIA TECHNOPOLIS INNOVATION MILL™”We love Innovation Mill, because it transforms good ideas andventure funding into profitable business”

– Esko Aho, Nokia Corporation

Innovation Mill project

~100.000€ w/ 50% or 75% grant

What is Innovation Mill?

4,000 Unused Nokia ideas

1300 companies in 18 Technopolis

campuses “adopt new ideas”

Tekes & City funding

Pre-negotiated idea release contracts

TechnopolisScreening &Matchmakin

g

Tekes approval

Start-Ups and

New Business

+Technopolis

planning and

procurement support

= Project input

= Technopolis tasks

= Project output

The Innovation Mill Pitch

Access to Nokia ideas

• Technopolis will match you with the right idea

• Pre-negotiated release contract• The idea is Free – big savings on R&D• Technopolis helps plan the project• Ready-made project templates• Technopolis takes care of procurement

Low-risk idea to innovation

• Appr. 100k€ evaluation project possible• 50-75% funding from Tekes & cities• Quick funding decision within 1-2

months

Funding package included

Innovation Mill Results• Over first year and half, we have:

– Screened over 4000 ideas– Identified over 100 ideas to be matched with

entrepreneurs and companies– Met over 450 interested companies across Finland– Generated 27 new development projects, 18 new

companies and over 100 new jobs – Raised 10 m€ in funding for companies from

venture capitalists and business angles– Created 13 m€ in development projects for new

business

Entrepreneurs view on project results

How the project changes company's technology and market position

What is the outcome of the Innovation Mill project?

Why Innovation Mill Took Off• Traditional innovation system is too slow & weak• Nokia had plenty of unused IP and willingness to

give it away• Finland has a wealth of companies that can

exploit Nokia idea’s• Technopolis had the will, infrastructure,

resources and motive to act as the driver

Back-up slides

8

Best Mobile Internet Service: Nokia Sports Tracker

14th

Judges' comments: "A great example of a service that utilises the capabilities of high tier handsets to deliver a compelling application and service proposition. The ability to share data captured on the handset with a community of users typifies how social networks are increasingly being driven by mobile use."

WORLD SUMMIT AWARD MOBILEc/o ICNM – International Center for New Media

Moosstrasse 43a | 5020 Salzburg | Austria+43-662-630408 | wsa@icnm.netwww.wsa-mobile.org

Media ReleaseNewelo from Finland to present winning projectat international award ceremony in Abu DhabiNeed4Feed service by a new company from Tampere considered the best media & news -product in the worldThe mobile phone is about to replace your travel guide, your remote control and your printed newspaper. It takes you on a magical tour through your next-door park, allows you to become a reporter yourself or helps you ......

Current solution-User Experience

Main view

Marked to favouritesReady to play

Download progress

Play on Mobile can be initiatedfrom EPG, Favourites or Search view• by automatic streaming or • by partial download + streaming or• using fully downloaded files (also in off-line)

In addition number of excellent usability features, such as• ”start where stopped last time”• ”prime time scrolling”• full program info under ”details”• channel selection by users – instant responce• access to ”PC favourites”• EPG browsing, favourites tagging andplaying downloaded files also in off-line mode• program duration, etc

Agreement Rules with Nokia• Ideas:

– The Company will get a free, parallel usage right– The usage right is royalty free, irrevocable and

permanent– The idea can not be transferred– Both parties may freely develop the idea further.

Neither party will get access to any further development results of the other party.

• Licenses and patents:– Separate contracts case by case

Innovation Mill Focus Areas

• Near Field Communications • Environmental and Energy Related

Solutions• Health Care and Well Being Applications• Location-based Services• Mobile Security• Future Internet Services

Innovation Mill Companies• Sport Tracking Technologies• Thumbs-up Research• Screenpeak• There Corporation• Respecta• IW-Net• Domuset• Powerkiss• Capricode• Finembe• Ludowaves• Protacon• 9Solutions

• Lingsoft• Citynomadi• Matavation• ArtifactWare• Fara• Newelo• Arena Interactive• WhileOnTheMove• Almare Solutions• Moness• Chleon• Dataprisma• Nordic Id

Examples of Project Contents

• Technical specification for the new product

• User interface, HW/SW architecture

• Interface design• System test design• Demo, Proof of Concept• Plan for CE (or other) tests• Production plan• IPR check and study

• Market study• Competitor analysis• Sales & marketing plan• Business plan• Project plan for the next

project stages• Financing plans• Partnering negotiations• Contract templates or other

legal study/planning

Technopolis takes care of the public 3rd party procurement (vendor short listing, competition, selection, contracts, money transfer, …)

Innovation Mill Process1. Company Innovation

Mill expectations

Match

RejectTo

ExistingCompany

To NewStartup

Innovation Mill

project

Significant Growth in First 3 Years

Innovation Mill

application

Tekes appr.

2. Nokia idea Screen

Technopolis procurement service for 3rd party

services

Ready-made contracts and templates

Innovation Mill – application process

Agrement of utilizing the idea: Nokia - Company

Project plan

Tekes decissionpresentation + Q&A (30 min)

Innovation Mill application+ annexes

Business plan presentation~ 1

mon

th Innovation Mill – project descriptionTechnopolis: project plan template and guidance to planningYritys: planning work

Business plan presentation- IM project impact on business- IM project impact on growthTechnopolis: Presentation sparringCompany: Makes and presents

Innovation Mill -contact Technopolis - Company

- Parellel usage right to idea- Out-licensingTechnopolis: Contract templates

NDA: Nokia - Company Technopolis: Contract templates

TECHNOPOLIS OYJ 2010