Smiliesignatiadis
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  • 1. The Incubator of Creative Industries role in the SMILIES project: An innovation and investment multiplier P.Ignatiadis SMILIES Kick off Meeting Rethymno, 14-15/05/2009
  • 2. INCUBATOR TOOLS AND SERVICES INCUBATOR IN SMILIES TECHNOLOGY WATCH (radar) NETWORKING TRAINING IN BUSINESS PLANNING INCUBATOR FUND PRE-INCUBATION & MATURATION
  • 3. TECHNOLOGY WATCH
  • 4.
  • 5. TRAINING IN BUSINESS PLANNING
  • 6. Business Planning
    • The elements of a business plan
    • Protecting an idea and Value Chain Analysis
    • Business Models
    • Entrepreneurial Marketing – Innovation & Marketing
    • Entrepreneurial Marketing – Tools
    • Entrepreneurial Finance & Valuation
  • 7. Incubation projects INCUBATION PROJECT
  • 8. Incubation process Ideas People Dating Event During SMILIES External Venture Internal Venture New Project Venture Launch Gate 3 Connecting People and Ideas Building Business Opportunity Plan To I Innovation Board 2010 2011 2012 onwards Gate 1 Gate 2
  • 9. INCUBATION PROJECTS
    • Aimed at accomplishing the valorisation of ideas
    • Development of ideas with market potential
    • Use of stage gate to drive the projects
    • Physical space and services ( scheduled in 2010)
    • Mentoring and coaching
  • 10. IDEA COMMERCIALISATION STAGE GATE Incubation 0-3 years Stage 1 Stage 2 Stage 3 Investigation Feasibility Development Technical Step 1 Technical Analysis Step 4 Technical Feasibility POC Step 7 Engineering Prototype Market Step 2 Market Assessment Step 5 Market Study Step 8 Market Plan Business Step 3 Venture Assessment Step 6 Economic Feasibility Step 9 Business Plan Stage 4 Stage 5 Stage 6 Pilot Growth Maturity Step 10 Pre-Prod. Prototype Step 13 Production Step 16 Business Growth Step 11 Market Validation Step 14 Sales & Distribution Step 17 Market Diversity Step 12 Business Start-up Step 15 Business Growth Step 18 Business Maturity Acceleration 3-5 years Idea
  • 11. INCUBATOR FUND
  • 12. Incubator Fund – how
    • Fund to be established in 2010 ?
    • Preseed financing approx 200 Keuro/project
    Innovation proposal by innovation board Innovation agreement With the Fund Project submitted to manager Innovation decision by board of directors t o 6 weeks 6 weeks 6 weeks
  • 13. Incubator Strategic Axes - July 2008 Testbed for new technologies in creative industries Feasibility study for research infrastructures - Proposal from TEI CRETE All partners involved -Consultation to be launched ON SCHEDULE Develop a Creativity Zone in Agia Triada Create a creativity zone - Bench learning from Thessaloniki Innovation Zone Dialogue with the Municipality of Arkadi ON SCHEDULE Growth of Creativity Corridors in Rethymno Transform the cultural places in the city - A project proposal under way from FORTH - Web 2,0 technologies -On line networking Digital City project -Proof of concept seminar with local SMEs ON SCHEDULE Expand Entrepreneurial Capacity in creativity Create a network with the Industrial Park ON SCHEDULE Skills for the creative industries To teach creativity and innovation to the creators -Ideas and proposals to be established - Partnership with the University of Crete for Life Long Learning Program -Apply for programmes like EQUAL, LLL ON SCHEDULE Become leading incubator for creative industries Plans, Feasibility Studies Review of offers Find strategic partners -Finalize plans and strategic partner s LAUNCH BEHIND SCHEDULE: Business partner being assessed