Prof.	Vassilios	Makios
General	Manager	
v.makios@corallia.org
The	Greek	high	tech	industry	momentum	
Corallia	Clusters	Initiative	as	an	innovation	ecosystem	catalyst
[Greece]
A	favorable	environment
R&D	Infrastructure
Professional	workforce
• Highly competent engineering force
• The market is relatively young thus talent competition not fierce
• Productivity at high level
• Strongest asset: talented and highly skilled minds of young scientists
and engineers
• ... Deep knowledge and wide range of scientific capabilities
• … high level of education (Masters/ Doctorates)
• ... Professionals with valuable experience
• ... Dedication, loyalty, adaptability and focus on a target
[Corallia]
Mission
The	promotion	of	technology	and	innovation,	particularly	
through	innovation	cluster	development,	as	part	of	the	
country’s	strategic	goal	to	boost	competitiveness	in	specific	
sectors	where	Greece	has	the	capacity	to	attain	a	significant	
competitive	advantage
=	Innovation	Catalyst
[Corallia]
Clusters
mi-Cluster (nano/microelectronics & embedded Systems)
pilot	 establishment
• Reached	critical	mass	in	2006
• mi-Cluster	Members:
• some	figures	[F/Y	2008]:
[2006] 13 companies
mi-Cluster
today Patras
Thessaloniki
Athens
Greece
• 130	actors including	industry	
academia,	research,	financial	
institutions,	public	actors,	buyers	
&	suppliers
• Main	geographical	concentration	
in	Athens (74),	South	Greece	–
Patras (27)	&	Northern	Greece	–
Thessaloniki (10)
mi-Cluster
products
•mi-Cluster	members	have	developed	 products,	which	are	
currently	sold	in	the	global	market
• Analog/MS/RF/Digital	IP	and	ASIC	design
• Embedded	software
• System	design
• EDA	tools NG Residential
gateways:
Ethernet Switch,
ADSL2/2+,
SoftPBX, USB2.0,
WiFi a/b/g/e, SD
Flash Card UWB,
GPON,
VDSL, HDTV
Integrated flow and
acceleration sensors
On-Board cameras
Electronic Design
Automation
(EDA) software
tools
Integrated video coders
MPEG 4-10/AVC or
H.264
Single-chip
transceivers for
wireless data:
WiFi, WiMax
Integrated
transceivers of
DECT wireless
telephony
Integrated circuits for
Gbit Ethernet and
wireless (GSM, 3G,
WiFi, WiMax) comms
Analog, Mixed-signal and
RF integrated circuits
Integrated PCMCIA systems for
wireless laptop access
mi-Cluster
investments
• mi-Cluster companies backed by Private Investors or Multinational
companies established abroad:
• More than €30Μ from private investors over the last 10 years
• Recent acquisition of the Elxys Innovations by Ceragon, Blind Type by Google,
Athena Semi by Broadcom
• Over €80Μ investment of multinationals, directly for the development of design
centers operating in Greece (Sitel, Nanoradio, Bytemobile)
Customer Base
Tier-1	customers	worldwide	(incl.	ATT,	Brazil	Telecom,	Broadcom,	CERN,	Cypress,	EADS	Avionics,	
Freescale,	Frigoglas,	Fujitsu,	Goodrich,	Intel,	Israel	Aerospace	Industries,	Jazz,	LG,	Lockheed	Martin,	Mitsubishi,	
Motorola,	NASA,	Netlogic,	NTT,	O2	UK,	OKI,	Omega,	Panasonic,	Philips,	Rockwell	Collins,	Samsung,	Sharp,	Sony,	T-
Mobile,	Texas	Instruments,	Toshiba,	Xerox
www.hellenic-sia.org
Hellenic	Semiconductor	Industry	Association
• Established in 2005, acting as a business development association bringing
together companies and research institutes in Greece and abroad
• Members provide the global semiconductor & nano/microelectronics
industry with innovative products & services
• examples:	fastest	and	among	smallest	JPEG	cores
• greenest	&	most	cost	efficient	VoiP
• total	revenues	in	2009	grew	by	4%	vs.	2008
mob-Cluster (Mobile Services)
today
• Establishment	of	the	Hellenic	Association	of	Mobile	Application	Companies	
(HAMAC),	acting	as	the	representing	body	of	31	Greek	companies:
• 90%	of	the	industry’s	turnover in	Greece	
• 4.000	employees among	which,	1000	highly	specialized	scientists	
• Company	presence	spreading	in	40	countries
• Leading	companies	with	clientele	including	the	largest	telecommunication	
services	corporations	in	the	world
• LSE	and	AIM	listed	companies
• Established	in	2009	– the	Hellenic	Association	of	Space	Industries	
Comprising	of	16	companies:
• >	26M	€ turnover	in	2009	from	exports	
• >	5M € annual	(2009)	expenditure	in	R&D
• 23%	of	employees	comprises	of	highly	specialized	scientists	
space-Cluster (Space tech & Services)
today
• A	total	of	50	of	companies	operate	in	Greece	and	are	involved	in	the	
following	areas	of	technological	&	scientific	expertise
• Nutrigenomics
• Perfumes	&	Essences	(crocus)	
• Wine	cultivation
baf-Cluster (Bio-Agro-Food technologies cluster)
today
Presentation done by Vassillios Makios

Presentation done by Vassillios Makios