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FEASIBILITY ASSESSMENT FOR A HIGH
TECHNOLOGY INCUBATOR IN THE SOUTH
AFRICAN BIOSCIENCES SECTOR
PRELIMINARY FINDINGS: BEST PRACTICES
11 March 2011
1. Study overview
Study background
• eGoliBIO seeks to establish a physical high-tech start up and
business incubator in Biosciences:
– Goal:
• Foster innovation, commercialisation of technologies, and growth of
bioscience-related SMMEs
– Targeted activities:
• High tech activities in Biological Sciences (including biotechnology,
agro-processing, health and cosmetics)
– Targeted businesses:
• Domestic high-tech start-ups and businesses
• Foreign companies entering SA market
– Location:
• In close proximity to domestic research institutions and universities
• A feasibility assessment is required to inform the establishment
of the incubator
Study scope
• Feasibility analysis:
– Locational analysis
– Target market profiling
– Market viability assessment
• Operational model:
– Incubation model
– Operational requirements
– Human resource requirements
– Incubation services and soft-landing services
– Seed funding requirements
Study approach and progress
1. Project
inception
2.
Benchmarking
and best
practice
identification
3. Feasibility
assessment
4. Operational
requirements
analysis
5. Presentation
and finalisation
of report
Complete To be completed
Key findings
presentation
Defining the biosciences industry
Biosciences – high technology industry?
• Classification proposed by Steenhuis and Bruijn (2006)
Technology intensity
Product
complexity
Process
complexity
Development
rate
High-technology High High High
Medium-high technology
Low High High
High Low High
High High Low
Low-medium technology
Low High Low
Low Low High
High Low Low
Low technology Low Low Low
• R&D process for biotech companies is longer than for other sectors
• Biotech products involve long and complex development cycles
• Biotech products require specialised equipment
• Products involve complex manufacturing processes
• Biotech firms are typically founded by highly educated researchers
Biosciences – multifaceted industry
• Bioscience is not a single field of knowledge
• A multifaceted industry with myriad speciality areas
e.g.
– Biotechnology
– Bio-pharmaceutical
– Human and animal health
– Digital health
– Agribusiness
– Environment, etc.
• Bioscience business incubators must specialise
– Need to explicitly define their focus areas
Best practices key findings
Biosciences incubators throughout the world
Country Incubator Type Thrust areas
India
IITM Bioincubator Physical Incubator
Biotechnology: Diagnostics, Industrial
Biotech, Agricultural Biotech,
Therapeutics and Food Biotechnology,
Bio-informatics and NGS
University of Delhi TBI Physical Incubator
Industrial Microbiology &
Biotechnology
MITCON Biotechnology &
Pharmaceutical Center
Physical Incubator
Bio technology, Agriculture, Food
Processing, Ayurveda, Pharmaceuticals
Bannari Amman Institute of
Technology- TBI
Physical Incubator
Application of Biotechnology in Agro,
Industrial and Rural sectors
IKP Knowledge Park Life
Science Incubator
Hybrid Incubator
Pharmaceutical and biotechnology
related areas
Brazil
The Technological Incubator
of Biotechnology (TIB)
Physical Incubator Health, Agribusiness and Environment
Habitat/Biominas Physical Incubator
Life Sciences - Human & Animal Health,
Agribusiness, Biological Inputs,
Environment, and Digital Health
Biosciences incubators throughout the world
Country Incubator Type Thrust areas
Singapore Biofactory
Physical Bio-medical
Incubator;
Accelerator
Bio-medical Technology
Chile Bio paraiso
Physical Early-stage
Bioincubator;
Accelerator
Applied Biology fields
North America
Pasadena Bioscience
Collaborative Incubator
(PBCI)
Physical Biotech
Incubator
Life Sciences
Otradi bioscience incubator
Physical Bioscience
Incubator;
Accelerator
Biosciences
Bio-Science Centre
Hybrid Business
Incubator;
Accelerator
Bioscience and Life Sciences
UK MediCity/Biocity
Physical Incubator;
Accelerator
Consumer healthcare, Medical
technology, Diagnostics, and Beauty
products
Incubation services provided
• Infrastructure related services are critical
– All of the reviewed biosciences incubators offer physical
office and lab spaces
• Other bioscience incubators provide seed funding
– MITCON TBI & IKP Knowledge Park Life Science Incubator
in India
– MediCity in the UK
– Seed fund is provided to deserving incubatees
• Other popular services offered include:
– Technical assistance and entrepreneurial training, coaching
& mentoring
– Access to specialist business support services
Soft-landing services provision trends
• Aimed at providing a cost-effective market
entry for foreign companies, returned
expatriates
– China targets Chinese scholars located overseas
• Soft-landing services are often offered by
incubators with a proven track record
– Habitat (Managed by Biominas) in Brazil
Incubation period
• Biotech start-ups have longer gestation periods in business
incubators
– Average incubation period at the University of Delhi TBI (India) is 1 – 5
years
– Mini period for incubation at IITM Bioincubator (India) is 3 years
• Contract may be terminated if incubatee performs dismally or is ready to go
into the market
– The Technological Incubator of Biotechnology (TIB) in Brazil has an
incubation period of 3 years
• can be extended for 3 more years
– European biotech incubation period ranges from 1-5 years
• Incubation period or exit policy for bioscience incubators should be
realistic and flexible
– monitor progress of each start-up on a case-by-case basis to
determine a suitable exit time
Infrastructure and facilities offered
• Incubators require dedicated laboratory space
as well as office space
• Several incubators provide specialist facilities
and equipment such as wet labs.
• Shared equipment/infrastructure is critical in
bioscience incubation programmes
Location characteristics
INCUBATOR LOCATIONAL ASPECTS
IITM Bioincubator Located within an institution of higher learning and a research park
University of Delhi TBI Located within the University of Delhi
MITCON Biotechnology &
Pharmaceutical Center
Located within an institution of higher learning (i.e. at the Agriculture
College Campus)
Bannari Amman Institute of
Technology- TBI
Located within an institution of higher learning
IKP Knowledge Park Life
Sciences Incubator
Located within a knowledge park
The Technological Incubator of
Biotechnology (TIB)
Located within a federal university
Habitat/Biominas Incubator
Adjacent to a publicly funded, multi-disciplinary research laboratory
called CETEC
Biofactory Located at the heart of Singapore’s innovation hub
Otradi Bioscience Incubator Located in a bioscience hub
Bio-Science Centre Located in an uptown area
MediCity/Biocity MediCity is based within the Nottingham Enterprise Zone.
Size and structure of the incubator
INCUBATOR
INCUBATION
CAPACITY
INCUBATION AREA
IITM Bioincubator
4 incubatees
(currently)
 344m² in Phase I
o 65m² at the university
o 279m² at the research park
 Another 557.4m² to be added in Phase II of IITM
Research Park
University of Delhi TBI 6 incubatees 762m²
Bannari Amman Institute of
Technology- TBI
12 incubatees 1115m²
IKP Knowledge Park Life
Sciences Incubator
8 incubatees
 297m²
 Clients are given modules of 21m² with lab and
office space
Habitat/Biominas Incubator
16 incubatees
(currently)
Located on a plot of approximately 9,000m² with a
total built area of 3,000m²
Pasadena Bioscience
Collaborative Incubator (PBCI)
18 incubatees
 325m² available space (across 3 facilities)
 Each tenant uses about one-eighth of the total
available space
Otradi Bioscience Incubator Unknown 1561m² complex
Bio-Science Centre Unknown 1,812m² building
Eligibility criteria
• Similar to that of other high-tech incubators
• Popular aspects considered include:
– Bioscience focus
– Degree of product innovation
– Market viability
– Technical viability
– Age of start-up
– Intellectual Protection
– Regulatory aspects
– Competition Analysis
– Sales projections
– Ability to raise resources
Marketing activities
• Marketing activities employed
– Website
– social networks
– location of an incubator
– modern buildings and structures
– affiliations with universities
– linkages with domestic and foreign bioscience
related organisations
Finance models
• Several incubators operate on a non-profit
basis
– Primary goal being economic development
– Mainly funded and supported by governments
• Non-profit incubators should avoid being
dependent on one public funding source
• Incubators should strive to recover at least 2/3
of their operating costs from alternative
sources
Thank you
Learnmore Muchemwa
E-mail: learnmore@urban-econ.com
Tel: +27 12 342 8687
Website: www.urban-econ.com

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Learnmore Muchemwa

  • 1. FEASIBILITY ASSESSMENT FOR A HIGH TECHNOLOGY INCUBATOR IN THE SOUTH AFRICAN BIOSCIENCES SECTOR PRELIMINARY FINDINGS: BEST PRACTICES 11 March 2011
  • 3. Study background • eGoliBIO seeks to establish a physical high-tech start up and business incubator in Biosciences: – Goal: • Foster innovation, commercialisation of technologies, and growth of bioscience-related SMMEs – Targeted activities: • High tech activities in Biological Sciences (including biotechnology, agro-processing, health and cosmetics) – Targeted businesses: • Domestic high-tech start-ups and businesses • Foreign companies entering SA market – Location: • In close proximity to domestic research institutions and universities • A feasibility assessment is required to inform the establishment of the incubator
  • 4. Study scope • Feasibility analysis: – Locational analysis – Target market profiling – Market viability assessment • Operational model: – Incubation model – Operational requirements – Human resource requirements – Incubation services and soft-landing services – Seed funding requirements
  • 5. Study approach and progress 1. Project inception 2. Benchmarking and best practice identification 3. Feasibility assessment 4. Operational requirements analysis 5. Presentation and finalisation of report Complete To be completed Key findings presentation
  • 7. Biosciences – high technology industry? • Classification proposed by Steenhuis and Bruijn (2006) Technology intensity Product complexity Process complexity Development rate High-technology High High High Medium-high technology Low High High High Low High High High Low Low-medium technology Low High Low Low Low High High Low Low Low technology Low Low Low • R&D process for biotech companies is longer than for other sectors • Biotech products involve long and complex development cycles • Biotech products require specialised equipment • Products involve complex manufacturing processes • Biotech firms are typically founded by highly educated researchers
  • 8. Biosciences – multifaceted industry • Bioscience is not a single field of knowledge • A multifaceted industry with myriad speciality areas e.g. – Biotechnology – Bio-pharmaceutical – Human and animal health – Digital health – Agribusiness – Environment, etc. • Bioscience business incubators must specialise – Need to explicitly define their focus areas
  • 10. Biosciences incubators throughout the world Country Incubator Type Thrust areas India IITM Bioincubator Physical Incubator Biotechnology: Diagnostics, Industrial Biotech, Agricultural Biotech, Therapeutics and Food Biotechnology, Bio-informatics and NGS University of Delhi TBI Physical Incubator Industrial Microbiology & Biotechnology MITCON Biotechnology & Pharmaceutical Center Physical Incubator Bio technology, Agriculture, Food Processing, Ayurveda, Pharmaceuticals Bannari Amman Institute of Technology- TBI Physical Incubator Application of Biotechnology in Agro, Industrial and Rural sectors IKP Knowledge Park Life Science Incubator Hybrid Incubator Pharmaceutical and biotechnology related areas Brazil The Technological Incubator of Biotechnology (TIB) Physical Incubator Health, Agribusiness and Environment Habitat/Biominas Physical Incubator Life Sciences - Human & Animal Health, Agribusiness, Biological Inputs, Environment, and Digital Health
  • 11. Biosciences incubators throughout the world Country Incubator Type Thrust areas Singapore Biofactory Physical Bio-medical Incubator; Accelerator Bio-medical Technology Chile Bio paraiso Physical Early-stage Bioincubator; Accelerator Applied Biology fields North America Pasadena Bioscience Collaborative Incubator (PBCI) Physical Biotech Incubator Life Sciences Otradi bioscience incubator Physical Bioscience Incubator; Accelerator Biosciences Bio-Science Centre Hybrid Business Incubator; Accelerator Bioscience and Life Sciences UK MediCity/Biocity Physical Incubator; Accelerator Consumer healthcare, Medical technology, Diagnostics, and Beauty products
  • 12. Incubation services provided • Infrastructure related services are critical – All of the reviewed biosciences incubators offer physical office and lab spaces • Other bioscience incubators provide seed funding – MITCON TBI & IKP Knowledge Park Life Science Incubator in India – MediCity in the UK – Seed fund is provided to deserving incubatees • Other popular services offered include: – Technical assistance and entrepreneurial training, coaching & mentoring – Access to specialist business support services
  • 13. Soft-landing services provision trends • Aimed at providing a cost-effective market entry for foreign companies, returned expatriates – China targets Chinese scholars located overseas • Soft-landing services are often offered by incubators with a proven track record – Habitat (Managed by Biominas) in Brazil
  • 14. Incubation period • Biotech start-ups have longer gestation periods in business incubators – Average incubation period at the University of Delhi TBI (India) is 1 – 5 years – Mini period for incubation at IITM Bioincubator (India) is 3 years • Contract may be terminated if incubatee performs dismally or is ready to go into the market – The Technological Incubator of Biotechnology (TIB) in Brazil has an incubation period of 3 years • can be extended for 3 more years – European biotech incubation period ranges from 1-5 years • Incubation period or exit policy for bioscience incubators should be realistic and flexible – monitor progress of each start-up on a case-by-case basis to determine a suitable exit time
  • 15. Infrastructure and facilities offered • Incubators require dedicated laboratory space as well as office space • Several incubators provide specialist facilities and equipment such as wet labs. • Shared equipment/infrastructure is critical in bioscience incubation programmes
  • 16. Location characteristics INCUBATOR LOCATIONAL ASPECTS IITM Bioincubator Located within an institution of higher learning and a research park University of Delhi TBI Located within the University of Delhi MITCON Biotechnology & Pharmaceutical Center Located within an institution of higher learning (i.e. at the Agriculture College Campus) Bannari Amman Institute of Technology- TBI Located within an institution of higher learning IKP Knowledge Park Life Sciences Incubator Located within a knowledge park The Technological Incubator of Biotechnology (TIB) Located within a federal university Habitat/Biominas Incubator Adjacent to a publicly funded, multi-disciplinary research laboratory called CETEC Biofactory Located at the heart of Singapore’s innovation hub Otradi Bioscience Incubator Located in a bioscience hub Bio-Science Centre Located in an uptown area MediCity/Biocity MediCity is based within the Nottingham Enterprise Zone.
  • 17. Size and structure of the incubator INCUBATOR INCUBATION CAPACITY INCUBATION AREA IITM Bioincubator 4 incubatees (currently)  344m² in Phase I o 65m² at the university o 279m² at the research park  Another 557.4m² to be added in Phase II of IITM Research Park University of Delhi TBI 6 incubatees 762m² Bannari Amman Institute of Technology- TBI 12 incubatees 1115m² IKP Knowledge Park Life Sciences Incubator 8 incubatees  297m²  Clients are given modules of 21m² with lab and office space Habitat/Biominas Incubator 16 incubatees (currently) Located on a plot of approximately 9,000m² with a total built area of 3,000m² Pasadena Bioscience Collaborative Incubator (PBCI) 18 incubatees  325m² available space (across 3 facilities)  Each tenant uses about one-eighth of the total available space Otradi Bioscience Incubator Unknown 1561m² complex Bio-Science Centre Unknown 1,812m² building
  • 18. Eligibility criteria • Similar to that of other high-tech incubators • Popular aspects considered include: – Bioscience focus – Degree of product innovation – Market viability – Technical viability – Age of start-up – Intellectual Protection – Regulatory aspects – Competition Analysis – Sales projections – Ability to raise resources
  • 19. Marketing activities • Marketing activities employed – Website – social networks – location of an incubator – modern buildings and structures – affiliations with universities – linkages with domestic and foreign bioscience related organisations
  • 20. Finance models • Several incubators operate on a non-profit basis – Primary goal being economic development – Mainly funded and supported by governments • Non-profit incubators should avoid being dependent on one public funding source • Incubators should strive to recover at least 2/3 of their operating costs from alternative sources
  • 21. Thank you Learnmore Muchemwa E-mail: learnmore@urban-econ.com Tel: +27 12 342 8687 Website: www.urban-econ.com