The Innovation Finance Advisory provides targeted support to help projects access finance. It conducts market studies to identify funding gaps and develops new financial instruments. It also provides advisory support to individual projects to improve their investment readiness and identify optimal financing solutions. This includes supporting companies and organizations in areas like strengthening business plans, improving bankability, and reviewing financing options. A recent example was providing strategic and organizational support to a university developing a new multi-project campus and seeking innovative financing solutions.
The Enterprise Europe Network (EEN) is a Europe-wide network that supports small and medium sized businesses. It has over 4000 staff members across 600 offices in 55 countries. The presentation discusses the EEN consortium in England, Northern Ireland and Wales, which is funded by the European Commission and Innovate UK. The consortium includes universities, chambers of commerce, and other partners. It aims to help businesses innovate through international collaboration, commercialize ideas, access funding for R&D projects, and more. Specific support offered by the EEN includes providing information and advice, skills training, identifying collaboration opportunities and partners, and coaching/mentoring.
This document provides an overview and introduction to Horizon 2020, the EU's research and innovation program. It discusses key aspects of Horizon 2020 including its goals, funding areas, participation requirements, and application process. The presentation agenda is outlined which covers topics such as eligibility, finding project partners, evaluation criteria, and how to become an expert evaluator. Evaluation criteria focus on excellence, quality of implementation, and impact. Statistics on the first 100 Horizon 2020 calls are also presented showing application volumes and success rates.
The document discusses European funding opportunities for Saxion University, including current (2011-2013) and future (post-2014) EU funding programs. It outlines Saxion's areas of expertise and how they match with the technology development, applied science, and exploratory science priorities of different EU funding initiatives. It also discusses building international consortia to bring together complementary expertise and capacities from different countries and organizations to strengthen funding applications.
The document discusses the European Union's Horizon 2020 program for funding research and innovation from 2014 to 2020. It outlines several "flagships" or key areas of focus, including developing a knowledge-based economy, making growth more sustainable and inclusive, and fostering collaboration and skills. The main areas of focus for Horizon 2020 are excellent science, competitive industry, and better societies. It provides billions in funding for research areas like health, energy, transport, climate and more.
This document summarizes a workshop on applying for funding under the Horizon 2020 program. It discusses the goals of strengthening participation in energy research, development, and innovation. Key services provided by the NICP Energy network are described, including improving knowledge of funding opportunities and supporting proposal development. An overview of the Horizon 2020 application process is given. Several example funded projects involving Northern Ireland partners are summarized, covering areas like renewable energy, energy storage, and waste recycling. [/SUMMARY]
This document provides an overview of the Horizon 2020 program and funding opportunities for engineering projects. It discusses the main pillars and societal challenges covered by Horizon 2020, including key enabling technologies. Specific examples are given of funded projects involving universities and companies in Northern Ireland, such as in composite materials, sustainable concrete, and low impact solvents. Upcoming calls and events are also listed, such as the NMP call on January 19th and the EuroNanoForum conference in June 2017. National funding opportunities through the Innovation Voucher program are briefly described.
Presentation of the Access ICT Project- Internet of Things 2011 Congress - Br...Miguel Ángel Trujillo
The ACCESS ICT Project aims to help FP6 and FP7 funded ICT research projects and SMEs become investment ready and connect with business angels and venture capitalists through free coaching, tools, and introductions. The project is led by EBAN, the European Trade Association for business angels and early stage investors, and seeks to increase cross-border investment in ICT innovations and foster an entrepreneurial financing ecosystem in Europe.
The Enterprise Europe Network (EEN) is a Europe-wide network that supports small and medium sized businesses. It has over 4000 staff members across 600 offices in 55 countries. The presentation discusses the EEN consortium in England, Northern Ireland and Wales, which is funded by the European Commission and Innovate UK. The consortium includes universities, chambers of commerce, and other partners. It aims to help businesses innovate through international collaboration, commercialize ideas, access funding for R&D projects, and more. Specific support offered by the EEN includes providing information and advice, skills training, identifying collaboration opportunities and partners, and coaching/mentoring.
This document provides an overview and introduction to Horizon 2020, the EU's research and innovation program. It discusses key aspects of Horizon 2020 including its goals, funding areas, participation requirements, and application process. The presentation agenda is outlined which covers topics such as eligibility, finding project partners, evaluation criteria, and how to become an expert evaluator. Evaluation criteria focus on excellence, quality of implementation, and impact. Statistics on the first 100 Horizon 2020 calls are also presented showing application volumes and success rates.
The document discusses European funding opportunities for Saxion University, including current (2011-2013) and future (post-2014) EU funding programs. It outlines Saxion's areas of expertise and how they match with the technology development, applied science, and exploratory science priorities of different EU funding initiatives. It also discusses building international consortia to bring together complementary expertise and capacities from different countries and organizations to strengthen funding applications.
The document discusses the European Union's Horizon 2020 program for funding research and innovation from 2014 to 2020. It outlines several "flagships" or key areas of focus, including developing a knowledge-based economy, making growth more sustainable and inclusive, and fostering collaboration and skills. The main areas of focus for Horizon 2020 are excellent science, competitive industry, and better societies. It provides billions in funding for research areas like health, energy, transport, climate and more.
This document summarizes a workshop on applying for funding under the Horizon 2020 program. It discusses the goals of strengthening participation in energy research, development, and innovation. Key services provided by the NICP Energy network are described, including improving knowledge of funding opportunities and supporting proposal development. An overview of the Horizon 2020 application process is given. Several example funded projects involving Northern Ireland partners are summarized, covering areas like renewable energy, energy storage, and waste recycling. [/SUMMARY]
This document provides an overview of the Horizon 2020 program and funding opportunities for engineering projects. It discusses the main pillars and societal challenges covered by Horizon 2020, including key enabling technologies. Specific examples are given of funded projects involving universities and companies in Northern Ireland, such as in composite materials, sustainable concrete, and low impact solvents. Upcoming calls and events are also listed, such as the NMP call on January 19th and the EuroNanoForum conference in June 2017. National funding opportunities through the Innovation Voucher program are briefly described.
Presentation of the Access ICT Project- Internet of Things 2011 Congress - Br...Miguel Ángel Trujillo
The ACCESS ICT Project aims to help FP6 and FP7 funded ICT research projects and SMEs become investment ready and connect with business angels and venture capitalists through free coaching, tools, and introductions. The project is led by EBAN, the European Trade Association for business angels and early stage investors, and seeks to increase cross-border investment in ICT innovations and foster an entrepreneurial financing ecosystem in Europe.
The document summarizes the role and activities of Dr. Shirley Davey as the Connected Health EU Thematic Lead. The role involves increasing Northern Ireland's involvement in Horizon 2020 by building partnerships between universities, SMEs, and health organizations. Dr. Davey provides support for developing connected health research projects and connecting organizations with EU program experts. Recent Northern Ireland projects have been successful in securing Horizon 2020 funding. The document highlights some example projects and their impacts.
The document provides information on the EU Investment Plan and its components: the European Fund for Strategic Investments, the European Investment Advisory Hub, and the European Investment Project Portal. The Investment Plan aims to mobilize finance for investment across the EU without creating new public debt. It establishes the European Fund for Strategic Investments to provide enhanced risk-bearing capacity and mobilize private and public investments. The European Investment Advisory Hub provides advisory support to help strengthen investment environments and projects. The European Investment Project Portal serves as an online meeting place for project promoters and investors.
Dr. Anton Theuma: A Glimpse into the Future - ICT VENTUREGATE PROJECTFITT
The document discusses the ICT VentureGate project which aims to help ICT SMEs succeed in obtaining financing from private investors. It plans to do this by profiling the financing needs of ICT SMEs, profiling investors, and hosting a series of brokerage events to connect SMEs and investors. The project will also create an online platform and training tools to help SMEs prepare investment proposals and connect with funding opportunities. The goals are to provide insights to help improve EU funding schemes and help more ICT SMEs obtain private financing.
Accessing European Research and Innovation Funding Seminar for SMEs : EENInvest Northern Ireland
The document provides an overview of the Enterprise Europe Network (EEN), which is the world's largest support network for small and medium-sized enterprises (SMEs) with international ambitions. Key points include:
- EEN has over 3,000 locations across more than 60 countries, providing locally-based support and connections globally.
- Services include helping SMEs innovate through collaboration, commercialize ideas, access funding/financing, and expand internationally.
- Support ranges from advisory services, innovation support, and facilitating international partnerships between businesses.
The document discusses alternative finance trends in Europe. It notes that alternative finance in Europe totals €7.6 billion, with the UK market making up 73% of the European total at £4.58 billion. Two of the main obstacles to growth are the lack of knowledge about alternative finance among entrepreneurs, companies and SME advisors. The document also discusses the role of "trusted advisors" in connecting companies with reputable alternative finance providers as the financial landscape fragments. Overall, it concludes that alternative finance in Europe is growing rapidly but that regulatory barriers need to be addressed to create a fair level playing field for SME financing.
ENterprise Europe Network's role is to stimulate business growth through collaboration, innovation and internationalisation.
Our 4 key offerings are:
Identifying new International business opportunities through our Partnership Service
Provide advice on how to trade more effectively in European Markets and Internationally
Guidance on accessing European Funding
A European policy-feedback service, including business consultation
International Investor in VIPC Capital Managementfinegroup
The document is a presentation about investment opportunities in Vietnam and the services provided by VIPC Capital Management Corporation. It summarizes Vietnam's economy, key industries like securities, real estate and M&A, and analyzes their potential. It then profiles VIPC, describing it as a licensed financial advisor that offers wealth management, investment funds, and advisory services. The presentation concludes by emphasizing Vietnam's integration globally and growth opportunities in its financial sectors.
#TCI2019 Break - out session: Services for Cluster Organisations Inventory StudyTCI Network
This document summarizes the results of an inventory study of services for cluster organizations in Europe. It discusses the approach taken, which was to learn from international experts and identify opportunities for cooperation. Seventeen organizations across eight categories of cluster services were explored. Key lessons included tailoring services to regional characteristics and clusters. For Flanders, ideas for new services generated included supporting sustainable business models, branding, training, and promotional materials for clusters. A full report on the inventory of European cluster organization services will be available by the end of the year.
The document discusses various topics related to technology incubation including different models of incubation, incubation services provided by the Foundation for Research and Technology - Hellas, and the role of incubation in regional development. It describes three generations of incubators from providing flexible workspace to specialized support. Incubation at FORTH provides academic, technological, business, financial, and legal support to tenants. Value-added services include international cooperation and technical support. The presentation argues that future incubators will have more involvement from knowledge institutions and industries and incubation management will be more systematic to create a sustainable industry and open innovation ecosystem.
Connection Capital LLP is a private equity firm that invested £4.6m in Virtua UK Limited, a specialist telecoms engineering company, in August 2015. The investment will fund working capital to drive accelerated growth and the acquisition of Astral Specialist Contracts Ltd. Virtua provides engineering services for the roll out of mobile networks for large network operators and individual developments. The investment was popular among Connection Capital clients because of Virtua's experienced management team, expected growth in demand, favorable market position, and acquisition opportunities in the sector.
Group Ii Activities And Need Orientationignatiadis
The document discusses activities and needs orientation for effective regional innovation systems. It identifies key elements for activities such as financing startups, incubators for entrepreneurs, and risk capital. Examples are provided from different regions. Needs orientation elements include understanding customer needs, awareness of innovation issues, and proximity to clients. Regional cases demonstrate identifying local needs, being client-oriented, and strategically understanding needs through initiatives like mapping health industry opportunities.
The document discusses technology clusters in Greece supported by FORTH (Foundation for Research and Technology Hellas). It describes four clusters: 1) the Organic Product Cluster focusing on organic farming; 2) the Hellenic Semiconductor Industry Association; 3) the Hellenic Bio Cluster for life sciences; and 4) the Social Economy Cluster in Crete. FORTH helps to establish and support the clusters through activities like networking, facilitating international cooperation, disseminating information, and providing support for funding opportunities. However, the document notes that most clusters are not yet fully operational and strategic research agendas are often missing.
The document summarizes the key findings and recommendations of The Hansford Review, which examined how to increase private investment in UK rail infrastructure projects by making them more contestable. It identifies barriers such as a lack of transparency, inappropriate risk transfer, and complexity. The review's 12 recommendations include developing alternative delivery models, establishing an early development fund, creating a forward view of investment opportunities, and establishing effective oversight to provide strategic direction for a more contestable rail market. The goal is to build confidence among private investors and reduce costs by introducing more competition into infrastructure delivery.
This document discusses three case studies of port financing projects:
1) The Odessa Grain Terminal in Ukraine, which received a $60 million senior loan from EBRD to construct a new grain terminal with a capacity of 4.5 million tons.
2) The DCT Gdansk project in Poland, which received a €31 million senior loan and €259 million syndicated loan to construct a second deep-water container terminal increasing capacity to 2.55 million TEU.
3) The Mersin International Port in Turkey, which refinanced $450 million in loans and issued a $450 million Eurobond to restructure its balance sheet and expand with a new deep-water
Innovation and new technologies innovation pipelines from research to market ...European Commission
The document discusses financing of transport projects by the European Investment Bank (EIB). It provides an overview of EIB lending priorities and volumes, with a focus on transport lending which accounts for 20-25% of total lending. The EIB prioritizes projects that further EU policy goals of developing an efficient and sustainable European transport system with reduced oil dependency. Financial instruments are also discussed as mechanisms to address risks deterring private sector investment in projects.
This document discusses supporting structures for municipalities that have signed the Covenant of Mayors (COM) in Flanders. It describes the Flemish Network COM, which aims to facilitate knowledge sharing between municipalities and lobby the Flemish and Belgian governments on their behalf. The Network has helped coordinate COM signatories, provide emissions data and guidance on sustainability plans. It also discusses how supporting organizations can further help municipalities by informing them, initiating projects, providing advice, and detecting needs and opportunities to relieve their technical and administrative burdens. Maintaining a long-term, multilevel approach that leverages synergies between initiatives is advised.
Session 7: Technology transfer capacity building and proof of concept instrum...OECDglobal
Day 2, Session 7, 30 November 2017, Istanbul, Bridging the Gap - Technology Transfer Capacity Building and
Proof of Concept Instruments, Huseyin KEBAPCI
Legal Adviser - Intellectual Property & Technology Transfer
This document discusses cross-cluster cooperation between different industries and sectors to promote regional economic growth. It provides a conceptual framework that identifies potential transition areas and thematic partnerships for cross-cluster collaboration, such as smart specialization, industry 4.0, energy, and circular economy. Examples of relevant European initiatives that could enable cooperation between clusters are also outlined. Lessons learned from cross-cluster cooperation emphasize the need for an interdisciplinary approach to increase business competitiveness, additional financial support, a structured cooperation model, and sufficient trust between participants.
EU Research and Development Funding for SMEs / Networks, Dr Robert Bunn, Inve...Invest Northern Ireland
The document summarizes information about EU funding opportunities for research and innovation projects, particularly those involving small and medium enterprises (SMEs). It discusses the Horizon 2020 program, which will provide €70 billion for research and innovation between 2014-2020. Key points covered include support for SMEs, funding rates and eligibility, and specific initiatives like the SME Instrument. The presentation also provides an overview of other collaborative funding programs like Eurostars and Marie Curie Actions. Contact information is provided for organizations like Invest NI that can help connect businesses to these EU funding opportunities.
This document summarizes notes from a European Patent Office conference on technology transfer offices in Europe. It discusses the technology transfer office of ETH Zurich, which helps ETH researchers commercialize their technologies through research agreements, patents, licensing, and spin-off support. The office evaluates inventions, files patent applications, identifies licensing opportunities, and distributes revenues. It motivates researchers to patent by building their reputation, creating products using their technologies, and providing financial incentives. ETH transfer also educates researchers on intellectual property through seminars, entrepreneurship classes, and non-traditional activities to increase IP awareness across the large and diverse university community.
Yksi European Bioeconomy Scene -konferenssin puheista.
One of the speeches in European Bioeconomy conference.
Konferenssin ohjelma/Conference programme: https://www.bioeconomy.fi/wp-content/uploads//2019/06/EUBioScene_programme.pdf
Alessandro Carano is Adviser to the deputy Director General of the European Commission Directorate for Economic and Financial Affairs. He works on the Investment Plan for the Europe and the European Fund for Strategic Investment.
He was previously Managerial adviser and Head of Unit at European Investment Bank, responsible for the institutional relationship with EU Institutions and other IFIs on policies and activities outside the EU. He led the negotiations on the new EIB External Lending Mandate for the period 2014-2020, allowing up to EUR 30bn in EIB financing in support of EU external action. He contributed to the establishment of the Western Balkans Investment Framework and other blending mechanisms. He worked on the Mid Term review of EIB external mandate including support to the steering committee of wise persons chaired by M. Camdessus, and subsequent codecision procedure. He has also worked in the Projects directorate of the EIB. Previously he worked for Procter & Gamble. He holds an MBA from Vlerick management school and engineering MSc degree from Turin Politechnic University.
The document summarizes the role and activities of Dr. Shirley Davey as the Connected Health EU Thematic Lead. The role involves increasing Northern Ireland's involvement in Horizon 2020 by building partnerships between universities, SMEs, and health organizations. Dr. Davey provides support for developing connected health research projects and connecting organizations with EU program experts. Recent Northern Ireland projects have been successful in securing Horizon 2020 funding. The document highlights some example projects and their impacts.
The document provides information on the EU Investment Plan and its components: the European Fund for Strategic Investments, the European Investment Advisory Hub, and the European Investment Project Portal. The Investment Plan aims to mobilize finance for investment across the EU without creating new public debt. It establishes the European Fund for Strategic Investments to provide enhanced risk-bearing capacity and mobilize private and public investments. The European Investment Advisory Hub provides advisory support to help strengthen investment environments and projects. The European Investment Project Portal serves as an online meeting place for project promoters and investors.
Dr. Anton Theuma: A Glimpse into the Future - ICT VENTUREGATE PROJECTFITT
The document discusses the ICT VentureGate project which aims to help ICT SMEs succeed in obtaining financing from private investors. It plans to do this by profiling the financing needs of ICT SMEs, profiling investors, and hosting a series of brokerage events to connect SMEs and investors. The project will also create an online platform and training tools to help SMEs prepare investment proposals and connect with funding opportunities. The goals are to provide insights to help improve EU funding schemes and help more ICT SMEs obtain private financing.
Accessing European Research and Innovation Funding Seminar for SMEs : EENInvest Northern Ireland
The document provides an overview of the Enterprise Europe Network (EEN), which is the world's largest support network for small and medium-sized enterprises (SMEs) with international ambitions. Key points include:
- EEN has over 3,000 locations across more than 60 countries, providing locally-based support and connections globally.
- Services include helping SMEs innovate through collaboration, commercialize ideas, access funding/financing, and expand internationally.
- Support ranges from advisory services, innovation support, and facilitating international partnerships between businesses.
The document discusses alternative finance trends in Europe. It notes that alternative finance in Europe totals €7.6 billion, with the UK market making up 73% of the European total at £4.58 billion. Two of the main obstacles to growth are the lack of knowledge about alternative finance among entrepreneurs, companies and SME advisors. The document also discusses the role of "trusted advisors" in connecting companies with reputable alternative finance providers as the financial landscape fragments. Overall, it concludes that alternative finance in Europe is growing rapidly but that regulatory barriers need to be addressed to create a fair level playing field for SME financing.
ENterprise Europe Network's role is to stimulate business growth through collaboration, innovation and internationalisation.
Our 4 key offerings are:
Identifying new International business opportunities through our Partnership Service
Provide advice on how to trade more effectively in European Markets and Internationally
Guidance on accessing European Funding
A European policy-feedback service, including business consultation
International Investor in VIPC Capital Managementfinegroup
The document is a presentation about investment opportunities in Vietnam and the services provided by VIPC Capital Management Corporation. It summarizes Vietnam's economy, key industries like securities, real estate and M&A, and analyzes their potential. It then profiles VIPC, describing it as a licensed financial advisor that offers wealth management, investment funds, and advisory services. The presentation concludes by emphasizing Vietnam's integration globally and growth opportunities in its financial sectors.
#TCI2019 Break - out session: Services for Cluster Organisations Inventory StudyTCI Network
This document summarizes the results of an inventory study of services for cluster organizations in Europe. It discusses the approach taken, which was to learn from international experts and identify opportunities for cooperation. Seventeen organizations across eight categories of cluster services were explored. Key lessons included tailoring services to regional characteristics and clusters. For Flanders, ideas for new services generated included supporting sustainable business models, branding, training, and promotional materials for clusters. A full report on the inventory of European cluster organization services will be available by the end of the year.
The document discusses various topics related to technology incubation including different models of incubation, incubation services provided by the Foundation for Research and Technology - Hellas, and the role of incubation in regional development. It describes three generations of incubators from providing flexible workspace to specialized support. Incubation at FORTH provides academic, technological, business, financial, and legal support to tenants. Value-added services include international cooperation and technical support. The presentation argues that future incubators will have more involvement from knowledge institutions and industries and incubation management will be more systematic to create a sustainable industry and open innovation ecosystem.
Connection Capital LLP is a private equity firm that invested £4.6m in Virtua UK Limited, a specialist telecoms engineering company, in August 2015. The investment will fund working capital to drive accelerated growth and the acquisition of Astral Specialist Contracts Ltd. Virtua provides engineering services for the roll out of mobile networks for large network operators and individual developments. The investment was popular among Connection Capital clients because of Virtua's experienced management team, expected growth in demand, favorable market position, and acquisition opportunities in the sector.
Group Ii Activities And Need Orientationignatiadis
The document discusses activities and needs orientation for effective regional innovation systems. It identifies key elements for activities such as financing startups, incubators for entrepreneurs, and risk capital. Examples are provided from different regions. Needs orientation elements include understanding customer needs, awareness of innovation issues, and proximity to clients. Regional cases demonstrate identifying local needs, being client-oriented, and strategically understanding needs through initiatives like mapping health industry opportunities.
The document discusses technology clusters in Greece supported by FORTH (Foundation for Research and Technology Hellas). It describes four clusters: 1) the Organic Product Cluster focusing on organic farming; 2) the Hellenic Semiconductor Industry Association; 3) the Hellenic Bio Cluster for life sciences; and 4) the Social Economy Cluster in Crete. FORTH helps to establish and support the clusters through activities like networking, facilitating international cooperation, disseminating information, and providing support for funding opportunities. However, the document notes that most clusters are not yet fully operational and strategic research agendas are often missing.
The document summarizes the key findings and recommendations of The Hansford Review, which examined how to increase private investment in UK rail infrastructure projects by making them more contestable. It identifies barriers such as a lack of transparency, inappropriate risk transfer, and complexity. The review's 12 recommendations include developing alternative delivery models, establishing an early development fund, creating a forward view of investment opportunities, and establishing effective oversight to provide strategic direction for a more contestable rail market. The goal is to build confidence among private investors and reduce costs by introducing more competition into infrastructure delivery.
This document discusses three case studies of port financing projects:
1) The Odessa Grain Terminal in Ukraine, which received a $60 million senior loan from EBRD to construct a new grain terminal with a capacity of 4.5 million tons.
2) The DCT Gdansk project in Poland, which received a €31 million senior loan and €259 million syndicated loan to construct a second deep-water container terminal increasing capacity to 2.55 million TEU.
3) The Mersin International Port in Turkey, which refinanced $450 million in loans and issued a $450 million Eurobond to restructure its balance sheet and expand with a new deep-water
Innovation and new technologies innovation pipelines from research to market ...European Commission
The document discusses financing of transport projects by the European Investment Bank (EIB). It provides an overview of EIB lending priorities and volumes, with a focus on transport lending which accounts for 20-25% of total lending. The EIB prioritizes projects that further EU policy goals of developing an efficient and sustainable European transport system with reduced oil dependency. Financial instruments are also discussed as mechanisms to address risks deterring private sector investment in projects.
This document discusses supporting structures for municipalities that have signed the Covenant of Mayors (COM) in Flanders. It describes the Flemish Network COM, which aims to facilitate knowledge sharing between municipalities and lobby the Flemish and Belgian governments on their behalf. The Network has helped coordinate COM signatories, provide emissions data and guidance on sustainability plans. It also discusses how supporting organizations can further help municipalities by informing them, initiating projects, providing advice, and detecting needs and opportunities to relieve their technical and administrative burdens. Maintaining a long-term, multilevel approach that leverages synergies between initiatives is advised.
Session 7: Technology transfer capacity building and proof of concept instrum...OECDglobal
Day 2, Session 7, 30 November 2017, Istanbul, Bridging the Gap - Technology Transfer Capacity Building and
Proof of Concept Instruments, Huseyin KEBAPCI
Legal Adviser - Intellectual Property & Technology Transfer
This document discusses cross-cluster cooperation between different industries and sectors to promote regional economic growth. It provides a conceptual framework that identifies potential transition areas and thematic partnerships for cross-cluster collaboration, such as smart specialization, industry 4.0, energy, and circular economy. Examples of relevant European initiatives that could enable cooperation between clusters are also outlined. Lessons learned from cross-cluster cooperation emphasize the need for an interdisciplinary approach to increase business competitiveness, additional financial support, a structured cooperation model, and sufficient trust between participants.
EU Research and Development Funding for SMEs / Networks, Dr Robert Bunn, Inve...Invest Northern Ireland
The document summarizes information about EU funding opportunities for research and innovation projects, particularly those involving small and medium enterprises (SMEs). It discusses the Horizon 2020 program, which will provide €70 billion for research and innovation between 2014-2020. Key points covered include support for SMEs, funding rates and eligibility, and specific initiatives like the SME Instrument. The presentation also provides an overview of other collaborative funding programs like Eurostars and Marie Curie Actions. Contact information is provided for organizations like Invest NI that can help connect businesses to these EU funding opportunities.
This document summarizes notes from a European Patent Office conference on technology transfer offices in Europe. It discusses the technology transfer office of ETH Zurich, which helps ETH researchers commercialize their technologies through research agreements, patents, licensing, and spin-off support. The office evaluates inventions, files patent applications, identifies licensing opportunities, and distributes revenues. It motivates researchers to patent by building their reputation, creating products using their technologies, and providing financial incentives. ETH transfer also educates researchers on intellectual property through seminars, entrepreneurship classes, and non-traditional activities to increase IP awareness across the large and diverse university community.
Yksi European Bioeconomy Scene -konferenssin puheista.
One of the speeches in European Bioeconomy conference.
Konferenssin ohjelma/Conference programme: https://www.bioeconomy.fi/wp-content/uploads//2019/06/EUBioScene_programme.pdf
Alessandro Carano is Adviser to the deputy Director General of the European Commission Directorate for Economic and Financial Affairs. He works on the Investment Plan for the Europe and the European Fund for Strategic Investment.
He was previously Managerial adviser and Head of Unit at European Investment Bank, responsible for the institutional relationship with EU Institutions and other IFIs on policies and activities outside the EU. He led the negotiations on the new EIB External Lending Mandate for the period 2014-2020, allowing up to EUR 30bn in EIB financing in support of EU external action. He contributed to the establishment of the Western Balkans Investment Framework and other blending mechanisms. He worked on the Mid Term review of EIB external mandate including support to the steering committee of wise persons chaired by M. Camdessus, and subsequent codecision procedure. He has also worked in the Projects directorate of the EIB. Previously he worked for Procter & Gamble. He holds an MBA from Vlerick management school and engineering MSc degree from Turin Politechnic University.
The World Circular Economy Forum presents the world’s best circular economy solutions and gathers together the most recognised experts and decision makers in the field. The event is organised by the Finnish Innovation Fund Sitra. Read more: www.wcef2019.com
2013 cambridge eib support to innovation in the mena region,joyce liyan,head...How2Innovation
The document discusses the European Investment Bank's (EIB) support for innovation in the Middle East and North Africa (MENA) region. It notes that the EIB has provided over €14.2 billion in funding since 2002 for projects in infrastructure, SME credit lines, equity, risk capital, and microfinance. It also supports innovation through loans for technology parks and education infrastructure in countries like Tunisia, Morocco, and Jordan. The EIB provides funding for innovative SMEs through various investment funds. It is exploring new areas like partnerships with the European Space Agency and maturation funds to support technology transfer projects across a large region.
EIB: Stimulating Investment in water innovationEIP Water
The European Investment Bank EIB presents challenges for financing innovation development in the water sector and potential instruments / mechanisms for doing so.
This session will cover various aspects of FIWARE, a platform designed to facilitate the development of smart solutions for a range of industries.
The session will begin with an introduction to the FIWARE Training program, which offers courses designed to help developers, entrepreneurs, and other interested parties get up to speed with FIWARE technologies.Next, attendees will learn about the FIWARE Marketplace,an online platform that provides access to FIWARE-based products and services and how to become part of it.
The session will delve into the intersection of thermodynamics and FIWARE, and how this collaboration can address climate change. Attendees will learn about the use of FIWARE in creating smart solutions for energy management, emissions reduction, and more.
Furthermore,The session will showcase the FIWARE integrated data platform for healthcare, which offers a range of tools and applications designed to improve healthcare outcomes.
Finally, the session will also explore the Smart Data Models program, which will show 6 use cases of their successful use in different industries (Health, Energy, Water, open data, etc). Attendees will learn about the benefits of using these models and how they can be integrated into various applications.
Overall, this session offers a comprehensive overview of the various aspects of FIWARE, including its marketplace, training programs, smart data models, and integrated data platforms for healthcare. The session will be beneficial for developers, entrepreneurs, and other interested parties looking to leverage FIWARE technologies to create innovative solutions for a range of industries.
The document summarizes an EBRD program to support small and medium enterprises (SMEs) in Ukraine, Georgia, and Moldova as part of their implementation of Deep and Comprehensive Free Trade Agreements (DCFTAs) with the EU. The EBRD will provide €475 million in funding through various windows including improving SME access to long-term financing, facilitating cross-border trade, providing business advice, and engaging in policy dialogue. The program aims to strengthen SMEs in the partner countries to better implement obligations under their DCFTAs with the EU.
SMEs Support & Financial Instruments in HORIZON 2020 - J.D Malo - Presentatio...ISERD Israel
Horizon 2020 Launch Event in Israel - Presentation of Jean-David Mשךםת Head of Unit SMEs, Financial- instruments and State Aid, DG Research and Innovation, European Commission
Horizon 2020 SME Instrument: financing your innovative business with EU fundsSviatoslav Sviatnenko
The document provides an overview of financing innovative businesses through EU funds, specifically the Horizon 2020 program. It discusses the Horizon 2020 SME Instrument, which provides grants of €0.5-2.5 million for demonstration and commercialization projects. The success rate is around 6%. The summary also highlights a Ukrainian company that received €1.2 million in funding through the SME Instrument for their cloud-based photovoltaic workflow project. The funding will help the company enter the European market and contribute to the competitiveness of the European microelectronics industry.
Advisory presentation in bg july 2017 f.leeEmil Hristov
The document discusses fi-compass, an advisory initiative of the European Commission that provides guidance and support for financial instruments throughout their lifecycle to help manage authorities effectively implement the European Structural and Investment Funds. It also describes how the European Investment Bank provides bilateral advisory support to public authorities to set up bespoke financial instruments and investment platforms and help select financial intermediaries. Examples are provided of successful financial instruments in Lithuania and Bulgaria that were established with EIB support.
Unlocking Capital for Land Use and Conservation Projects: the Business Case f...CIFOR-ICRAF
This presentation by The European Investment Bank's James Ranaivoson was given at a session titled "Unlocking Capital for Land Use and Conservation Projects: the Business Case for Investing" at the Global Landscapes Forum: The Investment Case on June 10, 2015. For more, please visit http://www.landscapes.org/london/
Iurii Blavt, CIVITTA. 100500 ways startup can raise capital at early stage wi...IT Arena
Iurii-Volodymyr Blavt is Associate Partner and Head of Startups and Innovation Division at CIVITTA. Currently Iurii-Volodymyr is leading the Startups and Innovation stream within the company. Iurii is an expert in funding attraction for startups and innovative companies With more than 5 years experience in the field, Iurii has successfully helped numerous Ukrainan and foreign startups to attract funding from European Commission, USAID, Horizon 2020, EBRD, COSME, EXPO 2020 Impact Innovation Grant program and other national and international grant programs. Iurii-Volodymyr is a mentor in a few acceleration programs and is also responsible for design and delivery of startup support programs in Ukraine and abroad. Together with his team, Iurii-Volodymyr is passionate about helping innovative startups and companies to develop scalable business models, identify most promising markers, develop financial models, sales and pricing strategy, increase their investment attraction readiness and bring companies to the next level. Iurii has been involved in strategy development for UNIT.city, the first Innovation Park in Ukraine and is a representative of Altfinator Hub, which aims to facilitate access to alternative financing among Ukrainian innovative SMEs.
This document provides an overview of the Investment Plan for Europe and the European Fund for Strategic Investments (EFSI). Some key points:
- The Investment Plan aims to mobilize €315 billion in investments by providing an EU guarantee to the EFSI, which will support strategic investments through the EIB and EIF.
- EFSI will have two windows - one for infrastructure and innovation projects, and one focused on SMEs and mid-caps. It aims to address market failures and mobilize private investment.
- The Plan has three pillars: mobilizing finance, making finance reach the real economy, and improving the investment environment through regulatory and structural reforms.
- Tools under the Plan include
This document provides information on the SME Instrument 2014-2020, a funding program under Horizon 2020 to support innovative small and medium enterprises. It describes the three phases of support: Phase 1 provides feasibility assessment grants of €50,000; Phase 2 provides innovation project grants ranging from €500,000 to €2.5 million; and Phase 3 focuses on commercializing projects. Key application dates and evaluation criteria are also outlined to help applicants submit competitive proposals for funding.
The document discusses why the European Investment Bank (EIB), risk management, and Luxembourg are important. The EIB is the largest multilateral lender in the world, financing over 450 projects annually. It has over 2,900 staff across 33 offices. Risk management plays a key role in ensuring EIB projects are sound and sustainable. Luxembourg provides a multicultural environment near major transportation hubs where EIB staff can work on impactful projects while enjoying a high quality of life.
Laura Di Giulio: digiulio@apre.it
For any information on the SME Instrument and Horizon 2020 opportunities for SMEs, please contact the SME team in APRE. We provide assistance on proposal preparation, partner search and guidance on all aspects of participation in the programme.
Thank you and good luck with your Horizon 2020 proposals!
The document discusses European financial instruments that support research and innovation (R&I). It describes the Risk-Sharing Finance Facility (RSFF), which provides risk-sharing loans to support R&I projects and is supported by the EU's 7th Framework Programme for Research. The RSFF aims to mobilize private capital by combining EU funds with financing from the European Investment Bank Group. As of 2010, it had approved over EUR 7.6 billion in loans for 67 projects across 21 European countries.
The document provides information about the European Innovation Council (EIC) pilot, which supports innovators developing breakthrough innovations. It summarizes the different funding schemes under the EIC pilot, including the SME Instrument, Fast Track to Innovation, FET Open, and Horizon Prizes.
The SME Instrument supports high-risk, high-potential SMEs in developing new products, services, and business models that could drive economic growth. It has three phases - a feasibility study (phase 1), support to develop innovations into market-ready solutions (phase 2), and additional business support services (phase 3). Phase 1 provides €50,000 grants, while phase 2 provides grants covering 70% of costs between €0.
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This presentation during the INTABA organised workshop, It describes the market failure in terms of investments in deep tech startups and SMEs in Europe. It provides an overview of the EU's investment program for AI and blockchain to support the early stage and scale-up of highly innovative startups and SMEs.
This document provides information about the SME Instrument, which is a Horizon 2020 program that provides funding and support to innovative small- and medium-sized enterprises. The SME Instrument has three phases to support companies from developing innovative concepts to bringing products to market. It offers funding of up to €2.5 million per project, as well as business coaching. Eligible companies must demonstrate high innovation potential and the ambition to internationalize. The SME Instrument aims to help Europe's most promising innovative SMEs succeed globally.
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This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
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20. Design for Six Sigma (DFSS)
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2. 2Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 2
EIB Advisory Services:
Harnessing relevant expertise
A single access point to
a comprehensive offer
of advisory and
technical assistance
services for innovation
A cooperation
platform to leverage
and exchange
expertise from EIAH
partners
Targeted advisory
support that is specific to
the sector and stage of
life of the company
Innovation
Finance
Advisory
European Investment
Advisory Hub
4. The EIB Group
Presentation for the seminar on
Innovation – 21st Century Source of
Growth
27.09.2018 17/10/20184
5. The EIB Group
Provides finance and expertise
for sound and sustainable
investment projects
Leading developer of
portfolio-based risk financing
for innovative SMEs
17/10/20185
6. The EIB: the EU bank
17/10/20186
‣ Natural financing
partner for the EU
institutions since 1958
‣ Around 90% of lending
is within the EU
‣ Shareholders: 28 EU
Member States
Investing in
Europe’s growth
8. The EIB at a glance
‣ Largest multilateral lender and borrower in the world
‣ We raise our funds on the international capital markets based
on our AAA credit rating.
‣ We pass on favourable borrowing conditions to clients
‣ Some 450 projects each year in over 160 countries
‣ Headquartered in Luxembourg with 40 local offices
‣ Around 3 000 staff:
‣ Not only finance professionals, but also engineers, sector
economists and socio-environmental experts
‣ 60 years of experience in financing projects
17/10/20188
9. EIB Group financing in 2017
17/10/20189
EUR 78.2bn
EUR 250bn
Total investment
supported
10. EIB Group supported investment
17/10/201810
169
231
245
230
280
250
-
50.0
100.0
150.0
200.0
250.0
300.0
350.0
2012 2013 2014 2015 2016 2017
EIB GROUP signatures Total investment supported
* Change of
methodology after
2014
11. Our priorities
Environment Infrastructure Innovation SMEs and Midcaps
EUR
16.7bn
EUR
18bn
EUR
13.8bn
EUR
29.6bn
17/10/201811
‣ R&D
‣ Innovation
‣ Education and
Training
‣ Strategic Transport
‣ Competitive and
Secure Energy
‣ Integrated Urban
Development
‣ Sustainable
Transport
‣ Environmental
Protection
‣ Renewable Energy
and Energy Efficiency
‣ Via intermediaries
12. EIB Group financing in 2017: EUR 78.16bn
17/10/201812
Signatures
EFTA &
Enlargement
Countries
EUR 1.62bn
Eastern
Neighbours
EUR
0.88bn
Africa,
Caribbean,
Pacific,
South Africa
EUR 1.47bn
Asia, Central and
Latin America
EUR 1.99bn
Mediterranean
EUR 1.96bn
European
Union
70.24bn
Outside EU
7.91bn
EUR
EUR
Total EUR 78.16bn
13. EIB products
17/10/201813
We help catalyse investment
LENDING BLENDING ADVISING
Loans
But also:
Guarantees
(trade financing)
Equity participation
(through funds)
Combining EIB finance
with EU budget
(EIB +ESIF, EFSI)
Higher risk projects for
innovation (InnovFin)
Project preparation and
implementation support
Financial advisory
Attracting FUNDING for long-term growth
14. EIB project cycle
17/10/201814
We support sound and sustainable projects
EIB
project
cycle
Step 1 Proposal
Step 2
Appraisal
Step 3
Approval
Step 4
Signature
Step 5
Disbursement
Step 6
Monitoring
and reporting
Step 7
Repayment
• Financial
• Economic
• Social
• Environmental
• Technical
assessment
• EIB Management
Committee
• Investment
Committee
(for operations
potentially
benefiting from
an EU guarantee
under EFSI)
• EIB Board of
Directors
Finance contract is signed
15. Different Financing Structures
17/10/201815
+ABS/Covered Bonds
+Hybrid Instruments
EIB
Project
promoter
Project
EIB Bank
Project 1
Project 2
EIB
Government/
Self
Government
Project 1
Project 2
EIB Fund
Investee 1
Investee 2
EIB Project
Project
promoter
16. Benefits of EIB lending
‣ Attractive pricing ( based on low funding costs)
‣ Long tenors (up to 30 yrs)
‣ Flexible draw-downs
‣ Blending
‣ Possibility to use Technical Assistance
‣ “Quality stamp”
‣ EIB - a mission driven financial institution with in-
depth expertise in various sectors and markets
17/10/201816
17. EIB Group lending operations
‣ EIB total nominal exposure in Latvia: EUR 1.0bn as
at YE 2017 or 3.8% of GDP (compares to 3.4% for
the EU overall)
‣ Sectors and obligors: EIB supported projects mainly
in the energy and urban infrastructure sectors. In
the after-crisis years, the EIF provided a consistent
support to SME sector in Latvia. The majority of the
exposure is to the sovereign/sub-sovereign sector
(60%) and corporate sector (25%). The EIF
operations concentrate in the microfinance and
guarantee products.
17/10/2018European Investment Bank Group 17
18. Activity by sector
17/10/2018European Investment Bank Group 18
% of total exposure % of GDP, figures in EUR million
Exposure, Dec-2017 Signature flow
285
100
36
100
35
108
210
-
109
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
2009
2010
2011
2012
2013
2014
2015
2016
2017
SMEs & intermediated
Manufacturing,miningandagriculture
Services
Socialsector
Telecommunications
Urban infrastructure
Transport
Energy
EUAverage
0%
20%
40%
60%
80%
100%
EU LV
LV EU
N°Counterparties(bytotal exposure): 12 2,093
N°Counterparties(bysignaturesin2017): 4 411
Average exposure tocounterparty(EURm) 84 245
LV 7.4 --
EU 6.4 18.4
2015 2012
FVAper1EUR(incent)LV EU
Exposure (EURbn) 1.0 513.7
Exposure (%ofGDP) 3.8 3.4
19. Lending operations in 2017
‣ Five loans signed in 2017 for the total amount of
EUR111 m:
‣ EFSI loan of EUR 75m with Riga Transport Company to finance the
purchase of 20 new low-floor tram units and the modernization of
tramway infrastructure and depot;
‣ EFSI loan of EUR30 m with the University of Latvia to finance
construction of new Research and Study Center;
‣ EUR 20 m regional investment in Baltcap Infrastructure Fund (EUR 3
m allocated to Latvia)
‣ EUR 50 m facility to finance construction equipment for Cramo in
the region (EUR 1 m allocated to Latvia)
‣ EUR 50 m facility to finance construction equipment for Ramirent in
the region (EUR 2 m allocated to Latvia)
17/10/2018European Investment Bank Group 19
20. Highlights of 2018-2019
‣ Three loans under appraisal in transport sector, two of them with a
strong focus on Climate Action: Pasazieru Vilciens Rolling Stock;
Latvian Railway Electrification Project; Riga Airport Upgrade under
EFSI.
‣ Ventspils onshore 50 MW wind power project (total loan amount of
EUR 58m) financing and E67/A7 Kekava bypass PPP project (loan
amount of EUR 53m) have been approved under EFSI, signing is
planned in 2019.
‣ Investment needs in public sector identified (mainly sub-
sovereign/municipal risk)– social housing, schools/hospitals
renovation, roads and public transport. Discussions to structure as
ESCO/PSC based structures. Minimum loan amount – ca. EUR10m,
50% of total project cost.
‣ The Bank is considering various options regarding the Baltic
representation, with the aim to make a decision until year end.
17/10/2018European Investment Bank Group 20
21. Thank you!
17/10/2018European Investment Bank Group 21
Marina Ismaila
Senior Public Sector Banker
Lending Operations in Poland and Baltic States
Public Sector and Infrastructure
98-100 boulevard Konrad Adenauer
L-2950 Luxembourg
+352 4379-83263 (office)
+352 691 284 271 (mobile)
m.ismaila@eib.org
www.eib.org
22. 22Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 22
Access-to-Finance and Innovation Support
Paulina Brzezicka, Innovation Finance Advisory
Riga, 27 September 2018
23. 23Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 23
This is who we are:
Innovation Finance Advisory (IFA)
24. 24Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 24
Innovation Finance Advisory:
A multi-dimensional approach to innovation finance
Identify funding gaps and market
barriers
Develop business case for new
financing instruments
Increase effectiveness of existing
Market Studies
Advise companies on EIB and other
sources of financing
Improve bankability/ investment
readiness
Enable earlier/ faster access to
finance
Advisory Support
Innovation
Finance
Advisory
Improve Project
Soundness/Bankability
Enhance Knowledge /
Market Intelligence
(e.g. Access-to-finance studies)
Transfer bankable projects to
lending teams / investors
Where necessary, recommend
internal EIB-managed instruments
and/or Investment Platforms (IP)
Structure/implement IPs
Develop / Enhance
Financial Instruments
(e.g. Circular Bio-economy IP)
Lessons
Learned
Coaching &
Support
Market
Consultation
Financing
25. 25Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 25
This is what we do:
Market studies
26. 26Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 26
IFA Market Consultations:
Access-to-finance studies in priority sectors
Ongoing
Published
Access-to-finance studies
EARTO
Life Sciences
Circular and Bio-economy KETs I & II
Transport
Digital
Economy
Space
Agri-Food
Renewable
energy
5G
Access-to-
finance for
Gender
European
Innovation
Council Policy recommendations
Source new advisory
assignments
New financial products
to address identified
thematic funding gaps
Digital Economy II
27. 27Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 27
Our studies cover a wide range of sectors experiencing access-to-finance issues. Despite their
diversity, we have identified certain common characteristics of the innovation financing challenge:
Excessive fragmentation
Information about financial instruments is often fragmented and European capital markets are
more fragmented and less developed vs. other regions
Available instruments too prescriptive
Funds can only be used for a very specific pre-approved purpose and it is difficult to adapt to
changing circumstances.
Gaps in ecosystem
The existing instruments do not cover the entire path from research to commercialization and
scale-up.
Lack of complementarity
Various existing instruments seem difficult to combine and a seamless transition from an
instrument to another is rare.
Information asymmetries
Investors lack specific sector / technology knowledge and companies often have limited
knowledge of typical considerations of investors.
1
2
3
4
5
Common traits of sectors in focus:
The challenge of financing innovation
28. 28Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 28
IFA Market Consultations:
Analysis of priority sectors leads to new product launch
Circular Bioeconomy
Investment Platform
Product: (venture debt), quasi-equity and
equity to address early- and late stage
funding gaps (ticket size TBC)
Objective: To provide access to finance to
innovative bioeconomy projects, with a
priority (but not exclusivity) for innovative
circular bioeconomy projects
Sector: Bioeconomy and circular
bioeconomy (application of the concept of
CE to biological resources, products and
materials). Projects focusing exclusively or
mainly on renewable energy generation
(fuels, heat or power) are not eligible.
Policy recommendations
Source new advisory
assignments
New financial products
to address identified
thematic funding gaps
29. 29Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 29
Study Publication
Q4 2017 H1 2018 H2 2018 2019
Launch of Call for
Expression of Interest
Launched @
Innovative
Enterprise
Malta 2017
Market Consultation
Q3 2017
6th December 2017 Financing the
Circular Bioeconomy: Structuring
an Investment Platform to
Improve Access to Finance in
Europe
Identification of 2 key
funding gaps, in
projects moving from
pilot to demonstration
phases and from
demonstration to
commercial phases
150-participant workshop and
bilateral consultations provided
key market inputs on design,
structure and features of the TIP –
reflected in documentation
Planned publication: 1 October 2018
EC & EIB currently finalising:
• Documentation
• Selection Criteria
• Timelines
• Approvals
Final draft and publication of
Terms of Reference (TOR) and
the Call for Expression of
Interest (CoI)
European Commission and EIB
actively managing the process of setting up the CBIP
- Fund manager selection
- Contract negotiations
- Platform set-up/launch
Target first closing
Current
Status
Circular Bioeconomy:
From market study to financial instrument
30. 30Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 30
Indicative Structure
Circular Bioeconomy Thematic Investment Platform
Investment
fund
(layered fund
structure
possible)
Fund Manager
(to be recruited)
Investment strategy (being
agreed with EC)
Management fee
Performance fee
Co-financing
a portfolio of projects
(equity & quasi-equity, etc.)
Eligible
Projects
co-financed by
other sources (at
least 50%), which
would create
additional
leverage on EU
contribution
Sources of funding:
• EIB, with 100% EC
guarantee under
InnovFin
• Possibly Private
investors
• Possibly other public
investors (e.g. NPB)
Funding
Eligible projects would
be selected by the Fund
Manager, in accordance with
the Investment Strategy
31. 31Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 31
This is what we do:
Project advisory in practice
32. 32Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 32
Innovation Finance Advisory
support
When?
…targeted intervention in the early stages of fundraising
33. 33Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 33
IFA PA Portfolio – Selection IFA PA Portfolio – By Country
Summary
Nearly 40 Active projects and 10 advanced leads at any point in time
Profile of Promoters: 75% private, 25% public
Currently 61 projects since January 2018 of which 8 have already been completed and 20
more are expected to be completed by end 2018
1000 projects screened
252 leads analysed in detail
53 completed assignments
34 projects passed to
lending teams / investors
Who?
…a diverse portfolio of project promoters
34. 34Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 34
Currently procuring strategy consultant
InnovFin Advisory support
Support in the formulation and validation of the
business plan
Workshops, organizational and strategic support
in the context of consultancy engagement
Identification of most optimal financing solution
Bankability improvement and financing options
Best practice and case study review
Technical advice
Multi-project campus
development
Strategic re-positioning of the
university
Complex project management
Large funding requirements
University seeking innovative
financing solutions
How?
Case study (1/2): University campus development in Latvia
35. 35Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 35
In advanced due diligence for EUR 20m
EIB quasi-equity loan
September 2018
InnovFin Advisory support
Identified the innovative company
Reviewed and analysed business plan, market
perspective, business model, competitive landscape
Engaged with the promoter to review and select
optimal financing option
Guided management on EIB products and indicative
terms, acting as a financing pathfinder for the
company
Provider of integrated industrial IoT
solution focused on the digitisation of
old manufacturing business
Company with existing equity
investor base sees opportunity to
finance expansion of Polish R&D
activities with debt
Winner of innovative industry awards
with an expanding foothold in CEE
- DG Connect, European Commission, 20171
(1) European Commission Website: https://ec.europa.eu/digital-single-market/en/blog/internet-things-iot-you-our-mission-and-vision
“We believe that the Internet of Things has the
potential to drastically improve our lives, our
work places and our industrial efficiencies and
capabilities while taking into account security,
privacy and trust requirements”
How?
Case study (2/2): Industrial IoT Platform expanding R&D in Poland
36. 36Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 36
- I want to bring new professional investors in my capital
- I need EUR Xm for tech development and i don’t care where they come from
- I want as many grants as I can get
- I am the founder and I don’t want to dilute my share too much
- I want to diversify the funding sources
- I want to take my product to commercialisation as quickly as possible and will bootstrap
my company to get there
- …
Whatever the reason, first figure out:
1) HOW MUCH MONEY DO YOU NEED? 2) WHERE DO YOU PLAN TO GET IT FROM?
FUNDRAISING IS NOT A TRIAL AND ERROR
PROCESS
What next?
1/3 Plan how to finance your business activities
37. 37Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 37
Equity and equity-like Debt Grants
TTs / VCs / BAs / Venture
Debt
Commercial banks Public institutions /
philantropies
UPSIDE DOWNSIDE POLICY
YOUR BUSINESS NARRATIVE NEEDS TO ADJUST
ACCORDINGLY
What next?
2/3 Adjust your “language” depending on the funding type
38. 38Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 38
Be prepared and have a well defined plan
Be realistic, and do not hide potential risks
People are as important as ideas
Include the key messages in your executive summary using a clear
and succinct language
Make sure your presentation is exhaustive and impactful
Do not forget who your audience is. Investors do not always have
the technical expertise
Show your passion, enthusiasm and commitment
Be ready for tough questions, and do not take it personally
What next?
3/3 Present a realistic, comprehensive business plan
39. 39Innovation Finance Advisory | European Investment BankEuropean Investment Bank Group 39
Get in touch with us!
Don’t hesitate to contact us:
innovfinadvisory@eib.org
http://www.eib.org/products/advising/innovfin-advisory
Paulina Brzezicka
Innovation Finance Advisory
Advisory Services Division
Phone: (+352) 4379 82176
Fax: (+352) 4379 52176
E-Mail: p.brzezicka@eib.org
European Investment Bank
100, boulevard Konrad Adenauer
L-2950 Luxembourg
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Disclaimer
This presentation is incomplete without reference to, and should be viewed solely in conjunction with,
the oral briefing provided by the European Investment Bank (“EIB”).
The terms and conditions are intended as an outline for discussion purposes only and made on an
indicative basis. This presentation is provided without any liability whatsoever by EIB and shall not
constitute any obligation of EIB to extend credit facilities or to carry out a due diligence review of the
aspects relevant for the financing of a project.
Neither this presentation nor any of its contents may be duplicated, published or used for any other
purposes without the prior written consent of EIB.
European Investment Bank