where sharp minds create the future
TRANSCRIPT
Where Sharp Minds Create the Future
Arne HanssonCEO Ideon Open
Agenda, June 1, 2021
•The need for a Science Park•The first steps towards IDEON Science Park•Some of the success stories•Critical buiding blocks of a Science Park•The IDEON organisation
•The Science Park – ”IDEON Science Park”•The Startup Incubator – ”Ideon Innovation”•The Corporate Accelerator – ”Ideon Open”
•Closure
The Location
CPH
Greater Copenhagenpopulation 4 Million
Major Industries in Southern Sweden were disrupted by new technologies and globalization in the 1970-ies.• Shipbuilding – Kockums - was moving business and jobs to Japan and Korea
• Mechanical calculators – Addo – were replaced by digital calculators
• Oil crisis, high inflation, high unemployment rate. A society in economic crisis.
A role model to create new growth, Silicon Valley.A place where researchers can meet entrepreneurs and build new growth in society through new business ventures
The Ideon story begins 1983• An idea from a Professor in Chemistry• A Green field just outside Lund University• A strong support from local and national government• A private investor – The founder of IKEA, Ingvar Kamprad
The Purpose of IDEON Science Park
”To create sustainable growth in our society
through collaboration between university and industry”
A Triple helix Foundation to guarantee that the purpose is clear
• Lund University
• Chamber of Commerce
• Regional Government
Ideon Science Park
Rickard Mosell – Deputy CEO Ideon AB
Ideon Science Park today
World class research facilities; Max IV – Strongest X-ray ever
ESS – European Spallation Source
>400 companies10 000 employees4 focus areas
The AmbitionSome of the many Sucess stories
The AmbitionCritical building blocks of an Innovation Eco-system
Source: Vitanen
STARTUPINCUBATOR
CORPORATE ACCELERATOR
CORPORATE
ACCELERATOR
SCIENCE PARKSTARTUP
INCUBATOR
The IDEON organisation
THE 3 SISTER COMPANIES ARE OWNED BY
• Lund University
• Lund Municipality
• The real estate owners at the Science Park
Securing the competences neededMaster Students Match MakingJob fairsDigital matching events
Talent attraction and
matchmaking
Scaleing up &
Going Global
Supporting scale-up ambitionsAccess to global networksCoaching scaleupsMentoring leaders
Sweden ICT - Digital Innovation and Transformation Collaboration
•6 leading Swedish Science Parks
•Joint methods and best practices
•Connected Eco-systems
Esa Bic Sweden is managed by the incubators Arctic Business Incubator in Luleå, Uppsala Innovation
Center and Innovatum in Trollhättan and now also Ideon Innovation!!!
For startup companies that use space technology solutions for technical problems on earth - or vice versa.
« Take your business off the ground » - SEK 500,000 in grants
- 80 hours of technical support from the leading technical partners within the ESA network.
- Access to ESA's IP
- Access to ESA's international events
- Support to secure additional venture capital, loans and grants
- Extra travel grant of 50 000 SEK and soft landing on other ESA Bics in Europe.
Fast Track Capital III is an angel investment company (ÄIB)
that will invest in selected companies in Minc's and Ideon Innovat ion's
incubator program
- Target invested capital SEK 25-30 million, half of which is from Saminvest
- Target 40 – 50 angels and at least 33% female investors
- One-time investment per target company SEK 3-500 tkr
- Investment period June 2021- Aug 2023
SIA (Co-investment agreement) offered to experienced business angels
- Has the will and capacity to make follow-on investments
- Saminvest matches SEK 1-5 million
IDEON OPEN
CORPORATE INNOVATION &
ACCELERATION
We boost Sustainable Innovation
through Intrapreneurship
and Open Innovation
"
Why is Open Innovation Important?
"No matter who you are, most of the smartest people work for someone else”
Bill Joy
Sun Microsystems
The Innovation Eco-system:
Sets the foundation for any successful Open
Innovation initiative – you nurture and develop
your eco-system
Internal
Collaboration
HR
Bus.
Dev.
LegalProcurement
Marketing
R&D
External
Collaboration
Outside-In
Inside-Out
Open Innovation
Intermediaries &
Innovation Experts
Competitors
Customers
Suppliers
Universities,
Research labs
Start-Ups/
SMEs
Individuals
Retirees
Players from
other industries
Governments,
Semi-Public
Bodies
<=== Open Idea Management System ====>
Sales
M&A
Key Partners
Public & NGOs
Academia Industry
Clients
Loss
Profit
Time
Start up way of thinking in established companies
The Ideon Open S-curve
Inspired by the Clayton M.
Christensen S-curve
Innovation Ambition
Source: Ambition Model from Harvard Business Review, HBR. Plus added Effectual Lean Start-Up Thinking
t
Collaborative Corporate
Accelerator at Ideon
VERTICALS TECHNOLOGIES
IR/ Augmented Reality
Connectivity
Cloud
Mobility
Big Data/ Data Science
Artificial Intelligence
Smart Cities
Health Tech
Smart Materials
Future Transportation
OUR PROCESS OF INNOVATION AND ENTREPRENEURSHIP
WHATExperiment
HOWExplore
Opportunity
Defined
Intention
Articulated
WHY
Solution
Validated
OUR CORPORATE ACCELERATION PROCESS
Launch Accelerate Re-EnterIntention
Role of
Management Participant & Sponsor Participant & Promoter
Role of Team
Trust
Catalyst
Participant
Potential Participant
Stages
Practices
Processes
& Tools
Largest Paper Mill in the World
> 1 million metric tons/year
Decreasing Newspaper market = Global Overcapacity
50% capacity shut down 2013
Challenge to find replacement products
Collaborative co-creation
> 200 organisations involved
> 300 ideas validated
3 new business concepts delivered
New material developed - DurasenseR
Bio-based Composite material
50% Cellulose fibres + 50% Biobased polymer
Replacement material for fossile based polymer products
Vilka är vi?Simple first product to proof the product and business
Handle for basic Dishbrush
From fossile-based to bio-based consumer products
Opening of Europe’s largest wood
fibre-based biocomposite plants
Hylte Mill, Sweden - June 4, 2018
We boost Sustainable Innovation
through Intrapreneurship
and Open Innovation
Innovation Strategy
& AssessmentNew Business
Design &
Innovation
New Business
Implementation
Innovation &
Intrapreneur trainingChallenge-driven
innovation
Curated innovation
spaces
“Flight path &
mission control”
“Space shuttle
Launch & Flight"”
“Re-entering the
atmosphere”
“Astronaut training” “Houston, we have a
problem”
“Curated launch
pads”
BEYOND Corporate Collaborative Accelerator
How do we keep relevant?Strong need for continuous development
of the Science Park
CocreationOpen innovation
Bench marking
Cross functional teams
Tech safaris
Hybrid – live & digital
Thank You !