Workshop: Research and innovation

and the European Fund for Strategic

Investments (EFSI)

Combining research and innovation instruments for

RDI investments

- case Mobility as a Service etc.

Juha Suuronen 8.12.15

Tekes R&D funding in 2014

Total 550 million euros and 2,750 projects

01-2015 DM 1401380

Million euros

The funding for R&D includes 2 million euros from EU Structural Funds.

10-2015 DM 1523902

Innovation funding with proven impact

Tekes has partly funded

65% of well-known Finnish

innovations

of Tekes customers

state that the Tekes

funding was a significant

factor in their success

Over 80%

2 euros

SMEs expect projects in 2014

to produce

billion euros in turnover during the target year

6.5

Projects that were completed in 2014

generated

products, services or processes

1,500

In growth companies funded by Tekes, the

increase of turnover was

units faster than in

other SMEs in 2010-2013

24%

In SMEs funded by Tekes, the increase of

jobs was

units faster than in other SMEs in 2010-2013

20%

Projects that were completed in 2014

generated

patents and

academic theses

1,130

1,090

For every euro invested

by Tekes, companies

increase their own R&D

expenditure by

Tekes customers are successful

10-2015 DM 1515578

Ranks 50 fastest growing tech

companies in Finland 2014. More than

80 % of these companies have grown

to international markets.

Top 10 companies (Tekes customers bolded)

1. ePassi Payments (8,431%)

2. Tuxera (6,391%)

3. Valopaa (3,091%)

4. Alekstra (2,240%)

5. Diktamen (1,955%)

6. iLOQ (1,832%)

7. Anders Innovation (1,705%)

8. Efima (1,435%)

9. Eniram (945%)

10. Solinor (749%)

(growth in 5 years, %)

The Wired Magazine lists Europe’s hottest startup

companies. All Finnish companies on the 2015 list

are Tekes’ customers and most of them part of the

Tekes young innovative companies funding

programme.

Kiosked

Beddit

Rightware

Wolt

Shark Punch

Enevo

Holvi

Yousician

Everywear Games

Smartly.io

Emphasis on the young growth companies

Million euros

Tekes funding to small, less than six years old companies

€ 134 million in 2014

From clusters to business

ecosystems

8.12.201

5

From clusters to business ecosystems

There are several actors in ecosystem. Core company and partner

companies need each others. Public organisations can be i.e. buyers and

infrastructure or legislation enablers.

Safety, sales and learning. Key driver is the foreseen market potential (€).

Companies seek also safety from each other and learning from the whole

ecosystem.

Traditional product/service development is important. Ecosystem development is emerging.

Ecosyste

m

Finnvera, Finpro, Sitra, Academy of Finland and Tekes in ecosystem development

Theory of business ecosystem creation, development

and globalisation. Ecosystem financing.

Resource

efficiency

Health

technologies Digitalisation

Metsä Group

Äänekoski *)

High value added

bioproducts

Mobility as a

Service Digital Health

Business Hub

Beautiful Beijing

Big Data

Wearables? …

…

*) 75 M€ EIB/EFSI

agreement 12.6.15

Combining research and innovation instruments for RDI investments.

Traditional single company product / service RDI is still needed. It

greates the necessary grass roots. Grants and loans, like EFSI are

suitable here.

Ecosystem actors are dependent on each other. They need trust

between players and strong policy commitment. This is needed

before core companies are willing to invest significant amount into new

technologies and business models.

Development costs of the new ecosystems are high. New Tekes funding

schemes are under construction. EFSI will be used here to share risk in

evolving ecosystem.

Case: Mobility as a Service

8.12.2015

Fulfilling your mobility needs via customised, all-inclusive services

13

Personal mobility package $300/month*:

Transportation from A to B to C according to a service-level agreement (e.g. pickup in 10 minutes) Including all transportation

Regional public transit Up to 100 mi taxi Up to 300 mi car sharing Up to 800 mi long-haul public transit 20 h city bike

Roaming in other cities/countries

*Example only

The company logos mentioned are

only for descriptive purpose

Based on Frost & Sullivan / Tekes material

Rail Bus

Car

sharing Bike

renting

Reseplanerare

Customers

Telecom

Providers

Transport

Providers

Online

Booking

Providers

Payment Solution

Providers Technology Solution

Providers

My Mobility

Platform

My Mobility

Integrator

MaaS Solution Providers

Car

renting

Taxi

Helsinki

MaaS is demonstrated throughout Finland by several mobility operators:

Distance in

time to the city

centre

Distance in time

City centre

Case: Cleantech

8.12.201

5

Potential ecosystems in Finland

Energy storage

My data (health ecosystems)

Big data, algorithms

…