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Joanna Koper - Building an Innovation & Startup Culture - Lessons from European Ecosystems - NICAT (Pakistan) - Jan 2024
- 1. 1 BUILDING AN INNOVATION & STARTUP CULTURE LESSONS FROM EUROPEAN ECOSYSTEMS JOANNA KOPER 10-01-2024
- 2. 📍+12 yrs experience in education practice, innovation in education & mentorship 📍 World Economic Forum’s Global Shapers alumnus, previous Warsaw Hub curator 📍 Aspen Institute CEE Young Leaders Program 📍Dream Foundation Country Manager for Estonian startup 📍Coventry University Regional Recruitment Manager 📍Perspektywy Education Foundation Chief Coordinator for Women in Technology Summit 📍Corporate managed innovation-based knowledge-transfer projects in the energy sector 2 Joanna Koper
- 4. Startup and innovation Facts & Figures 4
- 5. Factoids Poland Startups 40 million people Largest in Central & Eastern Europe (CEE), 6th largest in Europe GDP $679bn, Rapid growth in 25+ years, now 6th biggest GDP in EU, twice Pakistan’s GDP size Startups 3,000 startups 300 co-working spaces 130 venture capital firms Many acceleration programs and tech conferences Areas IT sector predominantly Emphasis: big data, analytics, IoT New areas: FinTech, Marketing tech, CRM/ERP etc. Capital sources 68% use bootstrapping (own funds) 28% also use domestic VC 22% also use domestic angel investors 22% also use National Centre for Research and Development 5
- 6. Growth Despite Challenges Pandemic accelerated startups Subsequent crises have mixed impact but startups continue growth Trends Focus on AI, machine learning, productivity tools, and fintech. Digital Transformation Many sectors are embracing digital transformations E-commerce, AI, and paperless solutions Entrepreneurship Challenges Low early-stage activity difficulties in scaling up businesses Gov’t taking steps: policy changes & incentives. Investment Landscape Venture capital remains crucial for early-stage, attracting domestic & international investors Emerging Unicorns Some startups, e.g. Uncapped and Packhelp, are on the path to becoming unicorns, Sustainability New startups focusing on sustainability, environment issues & climate tech 6 Recent Observations Dynamic startup ecosystem in Poland, characterized by resilience, strong focus on digital & technological innovation, growing emphasis on sustainability.
- 7. What develops startup and innovation culture in Poland? Major technical talent Constant government support Strong cross-border collaborations Knowledge transfer 7
- 9. Aerospace / Satellite Imagery 9 AI-based personal learning Medical / HealthTech Personal-care scheduler Banking fintech Supply-chain / Packaging Payroll optimization OLED display technology
- 11. Web Summit in Lisbon 11
- 12. Hello Tomorrow in Paris 12
- 13. Slush 13
- 14. Deep Tech Summit - Warsaw 14
- 15. Business & Academia Collaboration As a source of innovation
- 16. Innovators DNA - key skills for the future
- 17. 5 discovery skills 17 Experimenting Associational Observing Questioning Networking it helps innovators discover new directions by making connections across seemingly unrelated questions, problems, and ideas. Ask to understand how things really are today, why they are that way, and how they might be changed or disrupted. These questions provoke new insights, connections, possibilities, and directions. Carefully watch the world around them including customers, products, services, technologies, and companies, and the observations help them gain insights into and ideas for new ways of doing things. Spend a lot of time and energy finding and testing ideas through a diverse network of individuals who vary wildly in their backgrounds and perspectives. They may offer a radically different view of things. ntent Constantly trying out new experiences and piloting new ideas. Visit new places, try new things, seek new information, and experiment to learn new things.
- 18. Business life cycle and skills primarily rewarded 18 MATURE STAGE Exploit resources and capabilities generated Delivery Skills HARVEST STAGE Harvest, find, or develop other new business ideas Delivery skills still dominate but discovery skills increase in importance STARTUP STAGE Develop and launch new business ideas Discovery Skills GROWTH STAGE Scale the new business idea and build processes to execute Delivery Skills
- 19. Innovator’s DNA Model 19 COGNITIVE SKILLS TO SYNTHESIZE NOVEL INPUTS BEHAVIORAL SKILLS COURAGE TO INNOVATE ● CHALLENGING THE STATUS QUO ● TAKING RISKS ● QUESTIONING ● OBSERVING ● NETWORKING ● EXPERIMENTING ● ASSOCIATIONAL THINKING INNOVATIVE BUSINESS IDEAS
- 20. Growing startup and innovation ecosystem in Pakistan 20 Incubators Startups Pak Startup Fund
- 21. Thank you Joanna Koper You can find me at @username 21 https://www.linkedin.com/in/joannakoper/ hello@joannakoper.pl https://www.instagram.com/edumentorka/
Editor's Notes
- Mentoring programs EU and national funds - EIT brings together the 3 key players in innovation – business, education and research – to form dynamic, multi-country partnerships, known as Knowledge and Innovation Communities (KICs) PFR Ventures is the largest fund investor in the CEE region. They support the development of the local Venture Capital and Private Equity market, and more broadly, the innovation ecosystem. Through funds, they finance innovative small and medium enterprises across different growth stages. The only investor is the Government of Poland, either directly or through the Polish Development Fund or Polish Development Bank (BGK). European operators such as Huge Thing Ecosystem for events and knowledge transfer - CiC - Thursday Gatherings, co-working space, startups associations, platform for exchanging ideas - funded also by private sector
- A lot are focused on creating marketplace Brainly - world's largest social learning community bringing middle school and high school students together. Brainly provides a platform where students, parents, and teachers help others with homework questions. Uncapped offers revenue-based financing to founders, providing access to growth capital without the need for interest or equity. The company charges a transparent flat fee on the capital provided, allowing founders to access fair and flexible finance. Packhelp is an online platform that simplifies creating and managing fully custom-branded packaging. With solutions for both small and mid-market companies, Packhelp offers a wide range of packaging products and delivery options to customers worldwide. Symmetrical.ai is an innovative payroll solution that simplifies the payroll process and automates onboarding to reduce human error and increase efficiency. Providing real-time, daily, weekly, and monthly payout options helps companies scale up quickly while eliminating time constraints and complexity associated with traditional payroll systems. OLED is a lighting and display technology, that is paper-thin and recyclable. It could be integrated everywhere. But until today OLED was too expensive. We simplified the production of OLED through printing, making it not only affordable but revolutionary. Changing branding, medication and clothing. Our vision is to bring OLED technology to the level of maturity, that low-cost displays can replace static surfaces of packaging and clothing. Iceye is a commercial satellite company that provides timely and reliable synthetic-aperture radar (SAR) imagery to customers in the government and commercial sectors, empowering them to make better decisions. —---------- Key Points: Local vs International Market: For internet and technology businesses, operating solely in the local market is often not enough. Polish companies typically prefer to establish themselves in the domestic market before going international. International Expansion: Nearly half of Polish startups, especially those in early stages, sell products or services abroad, mainly in Germany, France, and the United States. This trend is highlighted in a study conducted by the Startup Hub Poland Foundation on behalf of PayPal. Challenges in International Expansion: Going international is not an easy process for startups. They encounter various challenges, including diverse legal regulations and management of international payments. About 43% of young Polish companies identify payment management as a barrier to international expansion. Moreover, only just over 40% of startups selling abroad offer local payment methods, which limits their growth opportunities. We have BLIK ! Strategy and Growth: For most technology companies, international expansion is a strategic goal. Business success often depends on the scale of the business. The domestic market is large enough to be used as a testing ground for new technologies and business models. Startups by Immigrants: Over 70% of startups founded by immigrants in Poland target international customers from the beginning, indicating better preparedness for global expansion. Future Priorities: For companies already involved in international sales, the priorities for the coming year include developing sales (33%), expanding into new markets (19%), and raising capital (11%).
- The Polish Association of University Knowledge Transfer Companies (PSC) was established on January 8, 2014 between the SPVs of Polish universities and research institutes. forum for cooperation of 34 university special purpose vehicles, established to commercialize scientific research results from universities and research institutes and carry out applied research commissioned by enterprises. supporting the creation of spin-off companies. SPVs cooperate with investors, business angels, and innovative entities ready to implement science-based technologies. National Centre for Research and Development (NCBR) the largest funding centre for research and development in Central and Eastern Europe. The main objective of this Center is to support the competitiveness of the Polish economy through the implementation of scientific research results on the commercial market. is a governmental agency established on 1 July 2007 in order to implement tasks in the area of science and innovation policy.The main tasks of NCBR include: management and financing the national strategic R+D programmes defined in the National Research Programme, supporting the commercialization of research results and technology transfer, financing the programmes of applied research, supporting young researchers’ career through targeted programmes, supporting researchers’ mobility and participation in international programmes and financing R+D projects carried out by Polish teams in international collaboration Hackathons etc
- Questioning - why not to connect with doctors online? Why we have to use fossil fuels? Do we need to have an account number to make payment? How to make it easier, for ex with a phone number? Associational - what fonts have to do with PC? Observing - nature - termites and their houses, what is the power of AI and how it can be used to optimize work?