The document summarizes a presentation about business incubation in Timisoara, Romania. It describes the incubator as a joint project between local public entities and the Politehnica University, supported by GTZ. It has housed 27 companies total, creating over 75 jobs and $1.25 million in revenue between 2004-2008. Current projects include initiatives to support software SMEs and promote youth innovation. The incubator provides services like office space, training, and networking to support local startups.

1. Business Incubation in Timisoara.
Facts and figures
Radu Ticiu
executive director
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

2. Content

Generalities 
Current Projects

Project's results 
Networking: regionally

Incubated and globally
companies 
Online presence

Services portfolio
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

3. Generalities

Result of a joint project of local public entities (City Hall/Council,
County Council, “Politehnica” University), supported by GTZ

Locally founded & locally funded

Mentioned in and aligned to Timisoara Area Social and
Economic Development Strategy (1999­2000)

Not legal registered entity, administered by UBIT SRL

About 600 sqm, ultra­central location, green­area (~)

Maximum capacity: 18 incubation spaces
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

4. Project's results

Functional infrastructure

Dedicated, professionalized
staff

Extended service portfolio

Connections to
local/regional/global business
support specialized networks

Involvement in the dynamics of
the IT&C sector
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

5. Incubated companies

27 admitted companies

15 companies presently
functioning in the Incubator (+
ARIES­TM, HELP)

10 graduates (5 in post­
incubation status)

5 „aborted” companies

21 training activities organized, totaling ca. 200 hours

75+ jobs created

1.250.000+ EUR turnover (2004­08)
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

6. Incubated companies 2

MHS Ware

Silver No 9

Softage

Abstract Connection

Soft Class

Bodrag SRL

Dow Media
− Alter System

HPC­Consulting
− Werbo

Soft Build
− SIPS

Seven Bit
− Reflection

2G Prod
Media
− GordianLogic
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

7. Services portfolio
•Preincubation services
•Offices­ 16 incubation units (20 or 40 sqm)
­ monthly rent 8 euro/sqm ( 66 % subsidized)
•access to communication networks
•access to meeting/training rooms
•Basic secretarial services:
­ phone switchboard
­ faxing, scanning, copying, colour printing
­ incoming mail sorting & outgoing mail
preparation
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

8. Services portfolio 2

Information access

Facilitating the participation to fairs

Training

Business consultancy

Legal and tax consultancy

Facilitation of academia contacts

“Early stage” financing (currently in
development)

Networking facilitating

Facilitation of access to free
development software (BizSpark
Network Partner)
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

9. Current projects

Software for Competitive SMEs
− RO­SE CBC project coordinated by
ARIES­TM: inclusion of incubated
companies in a printed & on­line
directories, participation to events

Youth 2 Innovation
− WB financed project to promote
innovative projects, BP Competition
− ACHIEVE MORE

EU funded project to promote KIS incubation and clustering
and innovative incubator­connected financing instruments
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

10. Partners
•ARIES Romanian Association of •St. John's Innovation Center
Electronics and Software Industry Cambridge
•ANIS •Finance Tree
•Timisoara Universities •Modatim Investment
•West Romania Regional •Zrenjanin Business Incubator
Development Agency •Seed Money
•ADETIM •startups.ro
•Timisoara Chamber of Commerce, •CICOM (France)
Industry and Agriculture
•Sacalaz Business Incubator
•Zenit GmbH (Germany)
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

11. Networking

Business Incubation Networks
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

12. Online presence:
www.it­incubator.biz
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

13. Online presence 2
Statistics 2008

Visits: 5101

Countries sending Visitors:
75

Average pages/visit: 3,76

Average visit duration: 3 min,
12 s
Ţara
Romania

% new visitors: 61,24%
Germania
Statele Unite
Franţa
May 19th, 2009 Business Incubation Conference • Timisoara • Romania

14. Contact
TIMIȘOARA SOFTWARE BUSINESS INCUBATOR
Radu Ticiu and Andrei Deheleanu
9th Bd. Republicii, 3rd floor
300159 Timisoara
Tel: +40356/401.222
Fax: +40356/401.223
office@it­incubator.ro
www.it­incubator.ro
May 19th, 2009 Business Incubation Conference • Timisoara • Romania