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International Summer School on
        ENTERPRENEURSHIP & TECHNOLOGY VENTURING
                         9 - 13 July 2012
                       VentureLab Twente
Business Venture name: “Europe-Based Entrepreneurial Solutions”
                    Author: Dimitrios Kordas
“GET INSPIRED”
             Trade off: WHO commands WHO?


Population Growth                                                                     Maximize Profitability
High Unemployment Rates                                                               Customer Requiremnts Management
Economic Crisis                                                                       Limited Monetary Funds
Enviromental Sustainability                                                           Organizational Restructuring
Social & Professional Mixing
                                                                                      Sustain long-term relationships




          Spin-offs (e.g. 61 in Delft, 800 in Twente area.)   Incubators
                      Academic networks                          Strategic partnerships (e.g. 3TU.)
University Spin Offs (USOs) Performance

                                                  Mecha      Spatial
                             Business                        proximity
                             Culture               nical
           •Business
            Culture
External   •Spatial
            proximity
 factors


                                                  UNIVER       Nanot
                                        Electro
                                                               echnol
           •Heterogeneity
                                          nics     SITIES
Internal
            of contracting
           •Tightness /                                         ogy
            Looseness
 factors   •Strength of
            relationships



                                                                          Strength of
                                                                          relationships
               Heterogeneity                      Enviro
               of contracting                     mental
                                                            Tightness /
                                                            Looseness
What are we dealing with?




(Chart 1)



                                        (Chart 2)
Chart 1. Share of highly educated aged 15 and over among the five main
         emigrant populations, by regions of origin, 2005/06 and 2000
                                                    Source: OECD, 2010
Chart 2. GDP Growth Scenarios
                                Source: OECD, 2012
Future expectations

• Capitalize and commercialize more and more throughout the
  University Spin Offs (USOs).

• Commit investing firms using long-term contracts.

• Increase governmental funding to academic networks.

• Decrease products-delivering relations between institutions
  and industry.
Available solutions

++ Strategic partnerships among Dutch and European universities.
++ Increase the number of USOs towards enhancing regional and
   national growth.
+ Patenting for promoting scientific excellence and reputation.

-- USOs are often too technical with lack of marketing & business
   development plans.
- USOs are tightly linked to the academic ‘know-how’.
- USOs’ margins do not contribute directly to exploiting new
   markets; instead they are locally domain-specialized.
Proposition

Restructuring the relation between Universities – Spin Offs –
Private Firms – States.
Unique selling points
 EU Innovative regulations pushing governments for investing more on
  creating industrial and academic R&D departments.

 Incentives for entrepreneurship transfer from one land to another; full
  exploitation of educational immigration. The internationalisation of firms
  accelerates without any additional recruiting costs!

 The more you invest, the more your market share will be and your return
  rate will be augmented gradually, guaranteed by EU and internal
  legislation. The brand name will be socially & academically established.

 Potentiality to develop computerized investment analysis tools, based on
  geo-demographical data and economic, production capabilities.
‘Money is always money’

• At a Break Even Point preliminary analysis, the calculated
  needed capital is 600,000 €.
• Equity base 15%.
• The starting point of designing fully the company and
  acquiring infrastructure assets is estimated in September
  2013.




         Let’s conceive together the EBES vision.
                 > From Local to European impact.
Closing




THANK YOU FOR YOUR ATTENTION!




     Dimitrios Kordas

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International summer school (July 2012, Enschede)

  • 1. International Summer School on ENTERPRENEURSHIP & TECHNOLOGY VENTURING 9 - 13 July 2012 VentureLab Twente Business Venture name: “Europe-Based Entrepreneurial Solutions” Author: Dimitrios Kordas
  • 2. “GET INSPIRED” Trade off: WHO commands WHO? Population Growth Maximize Profitability High Unemployment Rates Customer Requiremnts Management Economic Crisis Limited Monetary Funds Enviromental Sustainability Organizational Restructuring Social & Professional Mixing Sustain long-term relationships Spin-offs (e.g. 61 in Delft, 800 in Twente area.) Incubators Academic networks Strategic partnerships (e.g. 3TU.)
  • 3. University Spin Offs (USOs) Performance Mecha Spatial Business proximity Culture nical •Business Culture External •Spatial proximity factors UNIVER Nanot Electro echnol •Heterogeneity nics SITIES Internal of contracting •Tightness / ogy Looseness factors •Strength of relationships Strength of relationships Heterogeneity Enviro of contracting mental Tightness / Looseness
  • 4. What are we dealing with? (Chart 1) (Chart 2)
  • 5. Chart 1. Share of highly educated aged 15 and over among the five main emigrant populations, by regions of origin, 2005/06 and 2000 Source: OECD, 2010
  • 6. Chart 2. GDP Growth Scenarios Source: OECD, 2012
  • 7. Future expectations • Capitalize and commercialize more and more throughout the University Spin Offs (USOs). • Commit investing firms using long-term contracts. • Increase governmental funding to academic networks. • Decrease products-delivering relations between institutions and industry.
  • 8. Available solutions ++ Strategic partnerships among Dutch and European universities. ++ Increase the number of USOs towards enhancing regional and national growth. + Patenting for promoting scientific excellence and reputation. -- USOs are often too technical with lack of marketing & business development plans. - USOs are tightly linked to the academic ‘know-how’. - USOs’ margins do not contribute directly to exploiting new markets; instead they are locally domain-specialized.
  • 9. Proposition Restructuring the relation between Universities – Spin Offs – Private Firms – States.
  • 10. Unique selling points  EU Innovative regulations pushing governments for investing more on creating industrial and academic R&D departments.  Incentives for entrepreneurship transfer from one land to another; full exploitation of educational immigration. The internationalisation of firms accelerates without any additional recruiting costs!  The more you invest, the more your market share will be and your return rate will be augmented gradually, guaranteed by EU and internal legislation. The brand name will be socially & academically established.  Potentiality to develop computerized investment analysis tools, based on geo-demographical data and economic, production capabilities.
  • 11. ‘Money is always money’ • At a Break Even Point preliminary analysis, the calculated needed capital is 600,000 €. • Equity base 15%. • The starting point of designing fully the company and acquiring infrastructure assets is estimated in September 2013. Let’s conceive together the EBES vision. > From Local to European impact.
  • 12. Closing THANK YOU FOR YOUR ATTENTION! Dimitrios Kordas