A successful
                                           innovation center
                                           i     ti      t
                                           in Neuchâtel




Xavier Arreguit, Innobridge SA, Managing Director
Introduction

     A comprehensive approach to innovation
             h   i          ht i       ti

Better or new Products:                                                             New Businesses:
- Increasing competitiveness                                                        - New Business model
     - Bringing cost down                                                           - Intra/Entre-preneurship
     - more functionality
                                                  Experts in                        - Alliances & Partnerships
     - more performance
                                                 Technology,                        - M&A
- New products / services
                                                 Operations,
                                                   Finance,
                                                 & Business




                               Improved or new Processes / Operations
                               - Platform-based for higher efficiency and lower costs
                                 Platform based
                               - Quality control systems in production
                               - Supply chain efficiency and security
                               - ERP
                               - Telemetry based operations
                                 Telemetry-based
Introduction

A comprehensive approach to innovation
        h   i          ht i       ti


We consider innovation opportunities by fitting together 4 dimensions:

     + Who?:    The market

     + What?:   The application

     + How?:    The resources
                        - technologies
                        - people competences
                          p p        p
                        - partners
                        - finance
                & the business model
     + When?:   Timing and planning
CSEM SA - Innobridge SA – JADE Invest SA
        A a one-stop shop with added value for innovators

                                      Network of CSEM Int’l Innovation Centers
         CEA-LETI                                      (UAE , Brazil)

  VTT International FhG                                                                            International
       Research                                                                                      Industrial
        Partners                                                                                      Partners
                                                     NE, ZH, LU, BS, GR                               Network
 IMEC Network Tyndall
                                                Technologies, R&D Services,
        EPFL/ETHZ                           Innovative products industrialisation
                                            I     ti      d t i d t i li ti
                                                     Production ramp-up


                                                            Swiss
                                                          Start-ups,
                                                          Start ups
                                  Entrepreneurial,
                                     finance &            Industrial
                                    innovation                                 Financing
                                     know-how
                                                            clients


                                         Investment Management (Contract)
                                                                                           Managed by CSEM & Innobridge


                                                                                           Institutional Investors
Three key pillars established by CSEM and reinforcing Innovation and the creation of added-value jobs in Switzerland
CSEM SA - Innobridge SA – JADE Invest SA
        A a one-stop shop with added value for innovators

                                      Network of CSEM Int’l Innovation Centers
         CEA-LETI                                      (UAE , Brazil)

  VTT International FhG                                                                            International
       Research                                                                                      Industrial
        Partners                                                                                      Partners
                                                     NE, ZH, LU, BS, GR                               Network
 IMEC Network Tyndall
                                                Technologies, R&D Services,
        EPFL/ETHZ                           Innovative products industrialisation
                                            I     ti      d t i d t i li ti
                                                     Production ramp-up


                                                            Swiss
                                                          Start-ups,
                                                          Start ups
                                  Entrepreneurial,
                                     finance &            Industrial
                                    innovation                                 Financing
                                     know-how
                                                            clients


                                         Investment Management (Contract)
                                                                                           Managed by CSEM & Innobridge


                                                                                           Institutional Investors
Three key pillars established by CSEM and reinforcing Innovation and the creation of added-value jobs in Switzerland
Innobridge SA

We support you in all phases of the business process


     Spotting, defining and evaluating the business opportunity

     Planning for success: The business plan
                Developing the business model and the strategy

                Estimating and assessing the required resources and processes

                Wrapping it up together in a set of documents that can be shared


     Acquiring the necessary resources
                Convince employees, partners, investors and stakeholders


     Managing the venture: Coaching and hands on management

     Harvesting and distributing value: Exit process (IPO, MBO, M&A)
CSEM SA - Innobridge SA – JADE Invest SA
        A a one-stop shop with added value for innovators

                                      Network of CSEM Int’l Innovation Centers
         CEA-LETI                                      (UAE , Brazil)

  VTT International FhG                                                                            International
       Research                                                                                      Industrial
        Partners                                                                                      Partners
                                                     NE, ZH, LU, BS, GR                               Network
 IMEC Network Tyndall
                                                Technologies, R&D Services,
        EPFL/ETHZ                           Innovative products industrialisation
                                            I     ti      d t i d t i li ti
                                                     Production ramp-up


                                                            Swiss
                                                          Start-ups,
                                                          Start ups
                                  Entrepreneurial,
                                     finance &            Industrial
                                    innovation                                 Financing
                                     know-how
                                                            clients


                                         Investment Management (Contract)
                                                                                           Managed by CSEM & Innobridge


                                                                                           Institutional Investors
Three key pillars established by CSEM and reinforcing Innovation and the creation of added-value jobs in Switzerland
JADE Invest SA

JADE i a nutshell
     in    t h ll



   Jade is a Swiss SA (Société à Capital Risque), tax exempt at cantonal and federal level for
   investments in Switzerland, with currently three shareholders: CSEM is the biggest Shareholder.

   JADE’s capital is open to institutional investors seeking a Private Equity investment opportunity.

   Since inception in mid 2005, Jade has been shown more than 200 investment opportunities for
              p                 ,                                                    pp
   consideration, it entered into 21 investment deals, currently holds 16 positions, and has currently a
   further 10 in a analysis stage.

   Decisions on investments and divestments are taken by the board of Jade upon Innobridge’s
                                                                    f
   analysis and recommendation.

   Jade bridges the gap between Public Funding and Venture Capital
JADE Invest SA

       JADE b id
            bridges th gap b t
                    the    between P bli funding and VC
                                   Public f di     d

                                                                                                          Business
                                                                                                          Expansion
                                                                                       Pre-series
                                                                                    (1st customers)
Perceived                                                          Prototype                                          Perceived
   risk
    i k                                                           (Blueprints)                                         Market
                                                                                                                       M k t
    by                                                                                                                  Value
 Investor                                                                                                                of Co
                                              Product                                                                 by Investor
                           Proof of         Demonstrator
                           concept



            Public funding                    GAP                                              Venture Capital
                                                                                                      Marketing&Sal
             Research &                 Innovative         Industrializati
                                                                                  Production               es
             Technologies             product aR & D            on
                                                                                                       Expansion
   Typical Investment                 0.5 – 3 Mio          2 – 5 Mio             3 – 10 Mio           > 10 Mio

   Typical annual return                                    > 100%               20 – 50 %             5 - 20%

                                                    JADE INVEST SA
JADE Invest SA

     16 companies in the portfolio actives in 4 domains
                             f

Environment /                                         Medical /Bio /
CleanTech                                             Health /Sport



                       OSMOTEX CH




       SOLAR
       COOL




    Security /                                      Communication /
    Surveillance                                    Information /
                                                    Services
CSEM SA - Innobridge SA – JADE Invest SA

      Innovation Center: Summary of activities and services
      I      i C

Activities Offered by

CSEM, INNOBRIDGE and JADE:                                 Industrial    Entrepreneurs           Investors
                                                             clients    (Start-ups, spin-offs)
(about 400 skilled people: Engineers, Scientists, MBAs)

  • R&D and Technology services (technical solutions)
  • Product development
  • Prototyping
  • Industrialisation and production ramp-up
  • Training
  • Consulting (technology, innovation, business devel.)
  • Incubation & coaching
  • Fi
    Finance engineering and M&A
               i    i     d
  • Start-up creation
  • Seed Fund management
CSEM SA - Innobridge SA – JADE Invest SA
                       CSEM Int’l Innovation Centers

Rersearch                                                        Industrial
 Partners                   CSEM SA                               Partners
 Network                                                           et o
                                                                  Network




                   A one stop shop
                     one-stop
                          for
        innovators & entrepreneurs & investors

Innobridge SA                                             JADE Invest SA
                                                       Managed by CSEM & Innobridge



            Thank you for y
                  y       your time and attention

Innovation[1]

  • 1.
    A successful innovation center i ti t in Neuchâtel Xavier Arreguit, Innobridge SA, Managing Director
  • 2.
    Introduction A comprehensive approach to innovation h i ht i ti Better or new Products: New Businesses: - Increasing competitiveness - New Business model - Bringing cost down - Intra/Entre-preneurship - more functionality Experts in - Alliances & Partnerships - more performance Technology, - M&A - New products / services Operations, Finance, & Business Improved or new Processes / Operations - Platform-based for higher efficiency and lower costs Platform based - Quality control systems in production - Supply chain efficiency and security - ERP - Telemetry based operations Telemetry-based
  • 3.
    Introduction A comprehensive approachto innovation h i ht i ti We consider innovation opportunities by fitting together 4 dimensions: + Who?: The market + What?: The application + How?: The resources - technologies - people competences p p p - partners - finance & the business model + When?: Timing and planning
  • 4.
    CSEM SA -Innobridge SA – JADE Invest SA A a one-stop shop with added value for innovators Network of CSEM Int’l Innovation Centers CEA-LETI (UAE , Brazil) VTT International FhG International Research Industrial Partners Partners NE, ZH, LU, BS, GR Network IMEC Network Tyndall Technologies, R&D Services, EPFL/ETHZ Innovative products industrialisation I ti d t i d t i li ti Production ramp-up Swiss Start-ups, Start ups Entrepreneurial, finance & Industrial innovation Financing know-how clients Investment Management (Contract) Managed by CSEM & Innobridge Institutional Investors Three key pillars established by CSEM and reinforcing Innovation and the creation of added-value jobs in Switzerland
  • 5.
    CSEM SA -Innobridge SA – JADE Invest SA A a one-stop shop with added value for innovators Network of CSEM Int’l Innovation Centers CEA-LETI (UAE , Brazil) VTT International FhG International Research Industrial Partners Partners NE, ZH, LU, BS, GR Network IMEC Network Tyndall Technologies, R&D Services, EPFL/ETHZ Innovative products industrialisation I ti d t i d t i li ti Production ramp-up Swiss Start-ups, Start ups Entrepreneurial, finance & Industrial innovation Financing know-how clients Investment Management (Contract) Managed by CSEM & Innobridge Institutional Investors Three key pillars established by CSEM and reinforcing Innovation and the creation of added-value jobs in Switzerland
  • 6.
    Innobridge SA We supportyou in all phases of the business process Spotting, defining and evaluating the business opportunity Planning for success: The business plan Developing the business model and the strategy Estimating and assessing the required resources and processes Wrapping it up together in a set of documents that can be shared Acquiring the necessary resources Convince employees, partners, investors and stakeholders Managing the venture: Coaching and hands on management Harvesting and distributing value: Exit process (IPO, MBO, M&A)
  • 7.
    CSEM SA -Innobridge SA – JADE Invest SA A a one-stop shop with added value for innovators Network of CSEM Int’l Innovation Centers CEA-LETI (UAE , Brazil) VTT International FhG International Research Industrial Partners Partners NE, ZH, LU, BS, GR Network IMEC Network Tyndall Technologies, R&D Services, EPFL/ETHZ Innovative products industrialisation I ti d t i d t i li ti Production ramp-up Swiss Start-ups, Start ups Entrepreneurial, finance & Industrial innovation Financing know-how clients Investment Management (Contract) Managed by CSEM & Innobridge Institutional Investors Three key pillars established by CSEM and reinforcing Innovation and the creation of added-value jobs in Switzerland
  • 8.
    JADE Invest SA JADEi a nutshell in t h ll Jade is a Swiss SA (Société à Capital Risque), tax exempt at cantonal and federal level for investments in Switzerland, with currently three shareholders: CSEM is the biggest Shareholder. JADE’s capital is open to institutional investors seeking a Private Equity investment opportunity. Since inception in mid 2005, Jade has been shown more than 200 investment opportunities for p , pp consideration, it entered into 21 investment deals, currently holds 16 positions, and has currently a further 10 in a analysis stage. Decisions on investments and divestments are taken by the board of Jade upon Innobridge’s f analysis and recommendation. Jade bridges the gap between Public Funding and Venture Capital
  • 9.
    JADE Invest SA JADE b id bridges th gap b t the between P bli funding and VC Public f di d Business Expansion Pre-series (1st customers) Perceived Prototype Perceived risk i k (Blueprints) Market M k t by Value Investor of Co Product by Investor Proof of Demonstrator concept Public funding GAP Venture Capital Marketing&Sal Research & Innovative Industrializati Production es Technologies product aR & D on Expansion Typical Investment 0.5 – 3 Mio 2 – 5 Mio 3 – 10 Mio > 10 Mio Typical annual return > 100% 20 – 50 % 5 - 20% JADE INVEST SA
  • 10.
    JADE Invest SA 16 companies in the portfolio actives in 4 domains f Environment / Medical /Bio / CleanTech Health /Sport OSMOTEX CH SOLAR COOL Security / Communication / Surveillance Information / Services
  • 11.
    CSEM SA -Innobridge SA – JADE Invest SA Innovation Center: Summary of activities and services I i C Activities Offered by CSEM, INNOBRIDGE and JADE: Industrial Entrepreneurs Investors clients (Start-ups, spin-offs) (about 400 skilled people: Engineers, Scientists, MBAs) • R&D and Technology services (technical solutions) • Product development • Prototyping • Industrialisation and production ramp-up • Training • Consulting (technology, innovation, business devel.) • Incubation & coaching • Fi Finance engineering and M&A i i d • Start-up creation • Seed Fund management
  • 12.
    CSEM SA -Innobridge SA – JADE Invest SA CSEM Int’l Innovation Centers Rersearch Industrial Partners CSEM SA Partners Network et o Network A one stop shop one-stop for innovators & entrepreneurs & investors Innobridge SA JADE Invest SA Managed by CSEM & Innobridge Thank you for y y your time and attention