A co-created workshop by experienced Hub Managers focusing on the core aspects of managing a financially sustainable technology innovation hub.

2. A codesigned workshop by
experienced Hub Managers
focusing on the core
aspects of managing a
financially sustainable
technology innovation hub.
WHY MINI HUB-IN-A-BOX?
May 2016. Global Innovation Gathering. Berlin, Germany

4. WHAT WERE THE OUTPUTS OF HIAB v1.0?

5. mini-HIAB PARTICIPANTS

6. Hubs of the World Unite!
• A total of 13 hubs participated in the mini-HIAB in
Berlin during the Global Innovation Gathering
• 5 from Africa; 4 Asia; 3 South America; 2 Europe
• Each Hub chose an icon to represent its space
during the workshop. These icons are refer to
those hubs in the following insights.
• 30% of the hubs were Makerspaces
• 70% of the hubs were Innovation Spaces
* The names of individual hubs and their icons will be published pending their approval
36%
21%
14%
29%
Hubs Geography
Africa
South
America
Europe
Asia

7. TOP MONEY SUCKERS!
o The participating hub representatives voted on
which different cost elements of managing a
hub was most relevant for future scrutiny.
o 50% of votes were grouped in the “Equipment”
category which saw a split between “Customs”
and “Equipment Capital & Materials”.
o The “Customs” label refers to import taxes of
parts and machines while the “Equipment”
refers to the cost of buying machines and
different materials.

8. TOP MONEY SUCKERS!
Rent
18%
Electricity
5%
Staff
22%
Internet
5%
Customs
18%
Equipment
32%
Other
50%
Cost Categories Vote
Rent Electricity Staff Internet Customs Equipment
Results of 13
hubs voting on
most important
costs pertaining
to managing
their respective
spaces

9. 0
10
20
30
40
50
60
70
80
90
100
Rent
Equipment
StaffElectricity
Internet
PENTAGONAL COST AXIS
Boat
Red Triangle
8
Africa
Umbrella
Hexagon
Long Box
Lightning Bolt
Blue Star
Black rectangle
Three triangles
Tea cup
Upside Triangle
• 60% of hubs reported “Staff” or HR
costs between 40 and 60% of their
total costs
• 40% of hubs reported “Rent” costs
lower than 20% of their overall costs,
while ⅓ of the hubs said that their
costs are between 20% and 40%
• A Makerspace reported 95% towards
“Equipment”
• Almost all hubs reported “Electricity”
costs less than 20% of total costs,
with one space reporting 45%
% OF TOTAL COST PER CATEGORY

10. % OF TOTAL COST PER CATEGORY
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Rent
Equipment
Staff
Electricity
Internet
• The standard deviation (std. dev.) on
“Rent” at 4.09 is a result of different
business models where some spaces
report high percentages and others
are low because their rent is
subsidized
• The std. dev. on “Internet” is much
lower at 2.09 as 80% of spaces
reported less than 20% of total hub
costs is paid to the ISP

11. COST REDUCTION PRIORITIZATION
Rent
23%
Equipment
23%
Staff
32%
Electricity
12%
Internet
10%
Average Percentage of 13 Hubs
Total Cost per Category
Rent
Equipment
Staff
Electricity
Internet
About ⅓ of hubs rate their Staff Costs as the highest priority requiring attention

12. COST STRUCTURE PER HUB - COMPARISON
5
5
6
4
Internet 4
6
2
8
1
5
4
1
1
7
5
4
Electricity 2
8
2
3
1
1 1
8
10
8
1
10
52
8
10
10
3
10
2
10
1
6
10
5
2
8
Equipment
7
1
7
1 1
9
10
2
221
2
10
10
1
Boat
Red Triangle
Africa
Umbrella
Hexagon
Long Box
Lightning Bolt
Black rectangle
Three triangles
Tea cup
Blue Heart
Black Star
Two squares
Rent
Equipment
Staff
Electricity
Internet
30% of hubs gave the
highest rating of
prioritization “10” to
the “Rent” category in
examining their cost
structure

13. COST STRUCTURE PER HUB - COMPARISON
• Roughly ½ of the hubs rate
“Rent” as a low priority for
adjusting because of
earning revenues indirectly
as a result of their location
• 75% of hubs would like to
pay more attention to their
Staff costs with an average
rating of “7”
0
1
2
3
4
5
6
7
8
9
10
Rent Equip Staff Elec Intrnt
Priority(1Lowest;10Highest)
Cost Category
Hub Comparison of Prioritization of Costs by Major Categories
Boat
Red Triangle
Africa
Umbrella
Hexagon
Boat
Red Triangle
Africa
Umbrella
Long Box
Lightning Bolt
Black rectangle
Three triangles
Tea cup
Blue Heart
Black Star
Two squares

14. REVENUE STREAMS
Streams
Workshops
Events
Space
Rental
Incubation
Products
FundingConsulting
Research
Café/Food
HR
Community

15. REVENUE GENERATION PRIORITIZATION
• About 50% of spaces were very
interested in introducing Incubator or
Accelerator services as part of their
business model
• More than 50% of spaces thought that
Consulting services require a high
prioritization
• An average of 7.1 priority rating was
given for “Workshops” as a means to
increase revenue to the hubs

16. REVENUE GENERATION PRIORITIZATION
0
1
2
3
4
5
6
7
8
9
10
Incubation Model
Events
Products
Workshops
Consultancy
Prioritization(1=min;10=max)
Revenue Stream Category
Boat
Red Triangle
Africa
Umbrella
Hexagon
Long Box
Lightning Bolt
Black rectangle
Three triangles
Tea cup
Blue Heart
Black Star
Two squares
8
glasses
Series16

18. BE PART OF IT!
Ahmed Bastawy
A.Bastawy@icealex.com
Muhammad Radwan
Radwan@icecairo.com