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How to create a toolbox for successful
Open Innovation in your business area
– the WIN way
• In the contact between people
• In the meeting between companies
• In situations of need
• In creative meetings
• In unexpected situations
• In interdisciplinary meetings
When is business made?
WIN
• Water Innovation Accelerator
• Started in Nov 2011
• Mission; to bring new water products to the market
• Project at Ideon Open
• Water is an urgent area in rapid change
• The water market faces special challenges
• Area of interest to investors
• 19 partner companies
• 13 innovation companies
• Ideon Open is growing and represents a fruitful arena for WIN
• Support from ”Tillväxtverket”
• International collaborations, e.g. with TAG
WIN today
Areas of activity
– Drinking water
– Waste water
– Infrastructure
– Measuring
– Energy
• Doing business
• Creates new businesses from innovation
• Inspires to new thoughts and mindsets
• Arena for new products and new businesses
• Creates alliances
• Adds new energy to processes
• Increases the speed of change in the water area
• Push new ideas into the market
The purpose of WIN
PARTNERS:
WIN innovation companies
• Orbital Systems AB
• Fuel Pellets Technology
• Nano Track AB
• Smaksatt vatten
• Toxicitetsmätaren
• OneWell
• Serstech AB
• Adept Water Technologies
• Anolytech AB
• Watersprint
• Flocell AB
• Nanosep
• Chromafora AB
Project Grease reduction
Borgarskolan, Malmö, Sweden
2014-03-17
The drivers for partners and
innovative companies
• Common area of interest
• Market in fast change - innovation an important success factor
• Inspiration through cooperation across boarders
• Easier and faster way to market
• Need for new products in the business area
• Interaction between innovation companies and partners
• Time to try new approaches!
Terms for innovation companies
• 1+1 year (or shorter if possible)
• Hands on business development + partner support
• Direct access to market know how and networking
• Very early feedback from, and collaboration with, the market
and customers
• International focus and connections to Venture Capital
Open Innovation according to us
• A model for quicker innovation
• Different levels
– network/cluster- e.g: WIN
– company- e.g: Inwido, Tetra Pak……..
• Open sessions -- were members meet
(management level)
• External resourses into the process
• Acts directly on market preferences
• Is driven by the business people in the company
Toolbox
• Business coaching
• Market feedback
• Managing partner assets
• Technical verification
• Test beds
• Financing advice
• Fairs
Activities
• Meetings
– Presentations+ needs and wants from innovation companies
– Discussions about the new posibilities
– Plenty of time for networking
• Seminars
• Test bed meetings
• Joint exibitions at relevant fairs and meetings
• Study tours
• Speed mingling
Results – Orbital Systems
• Initial tests
• Market refocus
• Customer testing
• Credibility
• Financing
• Access to municipal market
• Going global
Results – Fuel Pellet Technologies
• US company established in Sweden
• MD
• Municipal cooperation
• Credibility
• Orders
• Securing raw material availability
• Municipal deal
• Pharmaceutical remains
Conclusions
• A general model
• Suits many different business areas
• Quick process
• Market driven
• Powerful tools
• Always results
• Interdisciplinary
• Set up is an important success factor
Questions?
Patrik Söderlund
patrik@win.ideon.se +46 709 184 131
Maria Sätherström Lantz
maria@win.ideon.se +46 709 999 774
Thanks!
How to create a toolbox for successful Open Innovation
How to create a toolbox for successful Open Innovation

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How to create a toolbox for successful Open Innovation

  • 1. How to create a toolbox for successful Open Innovation in your business area – the WIN way
  • 2. • In the contact between people • In the meeting between companies • In situations of need • In creative meetings • In unexpected situations • In interdisciplinary meetings When is business made?
  • 3. WIN • Water Innovation Accelerator • Started in Nov 2011 • Mission; to bring new water products to the market • Project at Ideon Open • Water is an urgent area in rapid change • The water market faces special challenges • Area of interest to investors
  • 4.
  • 5. • 19 partner companies • 13 innovation companies • Ideon Open is growing and represents a fruitful arena for WIN • Support from ”Tillväxtverket” • International collaborations, e.g. with TAG WIN today
  • 6. Areas of activity – Drinking water – Waste water – Infrastructure – Measuring – Energy
  • 7. • Doing business • Creates new businesses from innovation • Inspires to new thoughts and mindsets • Arena for new products and new businesses • Creates alliances • Adds new energy to processes • Increases the speed of change in the water area • Push new ideas into the market The purpose of WIN
  • 9. WIN innovation companies • Orbital Systems AB • Fuel Pellets Technology • Nano Track AB • Smaksatt vatten • Toxicitetsmätaren • OneWell • Serstech AB • Adept Water Technologies • Anolytech AB • Watersprint • Flocell AB • Nanosep • Chromafora AB
  • 10. Project Grease reduction Borgarskolan, Malmö, Sweden 2014-03-17
  • 11. The drivers for partners and innovative companies • Common area of interest • Market in fast change - innovation an important success factor • Inspiration through cooperation across boarders • Easier and faster way to market • Need for new products in the business area • Interaction between innovation companies and partners • Time to try new approaches!
  • 12. Terms for innovation companies • 1+1 year (or shorter if possible) • Hands on business development + partner support • Direct access to market know how and networking • Very early feedback from, and collaboration with, the market and customers • International focus and connections to Venture Capital
  • 13. Open Innovation according to us • A model for quicker innovation • Different levels – network/cluster- e.g: WIN – company- e.g: Inwido, Tetra Pak…….. • Open sessions -- were members meet (management level) • External resourses into the process • Acts directly on market preferences • Is driven by the business people in the company
  • 14. Toolbox • Business coaching • Market feedback • Managing partner assets • Technical verification • Test beds • Financing advice • Fairs
  • 15. Activities • Meetings – Presentations+ needs and wants from innovation companies – Discussions about the new posibilities – Plenty of time for networking • Seminars • Test bed meetings • Joint exibitions at relevant fairs and meetings • Study tours • Speed mingling
  • 16. Results – Orbital Systems • Initial tests • Market refocus • Customer testing • Credibility • Financing • Access to municipal market • Going global
  • 17. Results – Fuel Pellet Technologies • US company established in Sweden • MD • Municipal cooperation • Credibility • Orders • Securing raw material availability • Municipal deal • Pharmaceutical remains
  • 18. Conclusions • A general model • Suits many different business areas • Quick process • Market driven • Powerful tools • Always results • Interdisciplinary • Set up is an important success factor
  • 19. Questions? Patrik Söderlund patrik@win.ideon.se +46 709 184 131 Maria Sätherström Lantz maria@win.ideon.se +46 709 999 774 Thanks!