The document discusses the achievements and lessons learned from the IBBT research organization over its 6 years of operation. It has executed 156 research projects with 751 partners, published over 1000 publications, and spun off 5 companies. Key lessons include involving users early, bringing projects close to market, and evaluating projects on more than just academic merits. It calls for a European Innovation Fund to address financing gaps for European startups compared to US startups.