Innovation Across Borders - Session 7 jawahar toronto east west inno bridge rmp jawahar, india


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Innovation Across Borders - Session 7 jawahar toronto east west inno bridge rmp jawahar, india

  1. 1. Innovation across borders - A global conference for small and medium Enterprises Toronto, Ontario, Canada 24th, 25th February, 2011
  2. 2. Sustainable Value Exchange SME Entrepreneurs: Social and Economic Innovation Leaders Incubators SME Entreprnr Prof YYY ZZZ XXX Fund
  3. 3. Global Incubation Spread . . .
  4. 4. SME Incubators Network Indian Experience in GNEC-STEP, Ludhiana Thepar Inst., Patiala HBTI-STEP, Kanpur BIT-Mesra, Ranchi ICRISAT,Hyderabad STP-Pune SINE-Mumbai CIIE-IIM, Ahmedabad NDBI-NID, Ahmedabad MANIT-STEP, Bhopal JSSATE-STEP,Noida STEP-IIT, Roorkee BITS-Pilani GIAN, Ahmedabad Nirma Labs, Ahmedabad NSIC, Rajkot MITCON, Pune NEDFI, Guwahati CMERI, Durgapur STEP-IIT, Kharagpur BEC-STEP, Bagalkot NITK, Surathkal ICICIKP,Hyderabad ARCI,Hyderabad Composite Tech Park, Bangalore SJCE-STEP, Mysore TBI-NITC, Calicut TBI-Anna Univ, Chennai VIT-TBI, Vellore PSG-STEP, Coimbatore TBI-KEC, Perundurai TREC-STEP, Tiruchirappalli PMCTech-TBI, Thanjavur Madras Univ, Chennai E-Health, Bangalore Shriram Instt TBI, Delhi Univ Hyderabad TBI APTDC-TBI,Hyderabad TechnoPark-TBI, Trivandrum Amrita-TBI, Coimbatore
  5. 5. Awards won by TREC-STEP EOS Award - Best Success Story Award @ Lyon France Best Incubator Award 2001 Best Innovation Award 2002 Best Entrepreneur Award 2003 UKBI International Champion of BI 2007 World Bank - Devlpmnt. Mkt. Place Award 08
  6. 6. <ul><li>Capital </li></ul><ul><li>Machinery </li></ul><ul><li>Management </li></ul><ul><li>Land </li></ul><ul><li>Labour </li></ul><ul><li>Natural Resources </li></ul><ul><li>Science & Technology </li></ul><ul><li>Innovation </li></ul><ul><li>Entrepreneurship </li></ul>Democracy The Road taken, so far ... Agricultural Economy Industrial Economy Industrial Economy Knowledge Based Innovation Economy Barbarism Savagery Slavery Imperialism
  7. 7. Standing on the Shoulders of the Giants Peter Drucker Adam Smith “ Innovation is the vehicle for entrepreneurship …” “ It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.”
  8. 8. Mining and Incubating SMEs, the innovation champions ... Messengers, Mentors and Models TDB Incubation Fund Tepp Innovation Fund Tech Angel Network <ul><li>Dynamic Tech Entrepreneur </li></ul><ul><li>Rich Business & Tech. Expertise </li></ul><ul><li>Motivated Team </li></ul><ul><li>Growing Market </li></ul><ul><li>Reputed Firm </li></ul><ul><li>High Funds Requirement </li></ul><ul><li>Good reputation </li></ul><ul><li>with Banks, Suppliers </li></ul><ul><li>Provides Growth, Wealth, </li></ul><ul><li>Employment and hope </li></ul>Common Production Facilities Nursery Incubators Training & Knowledge Inputs <ul><li>Youth with </li></ul><ul><li>No Experience </li></ul><ul><li>No Business </li></ul><ul><li>Knowledge </li></ul><ul><li>No Team </li></ul><ul><li>No Funds </li></ul><ul><li>But Big Dreams </li></ul>Counselling & Escorting
  9. 9. SME Venture Highlights 1. Vinayapandi New Tool Inserts 2. Aravind Coolant Recovery 3. Dr Subhas Nano Molecule Scaffolds 4. Augustine Bio Mining 5. Jeya Kannnan Extrn of Titanium Oxide 6. Dakhsina Manft. Systems 7. Karthik Digital X rays 8. Paneer Bio Fuels 10. Rayar New Sago Process 11.Nandhini New Geo Instuments Year Turnover Employment 2008-09 0 0 Reality Now . . . 2010 10 ml 100 Jobs Cumulative Dreams . . . 2016 100 bl. 100,000 jobs START UP Companies in a Incubator are not small companies ; They are large companies which happen to be small now -- Rustam Lalkaka
  10. 10. Business Incubators New Ventures Entrepr -eneurs Acade mics Serv. Provi ders Facilities Emp - loyess VCs/ Funds
  11. 11. Innovation : New products / processes Government & Society Community Regional Development Human Development Business Incubator with and through K’ SME The Rainbow Equation …! BI Investment After 5 to 7 years Tax Revenue to Governments ( Profit, Turnover, Manufacturing Taxes) p o b J s 0 3 0 e r m l n . I n v e s t m e n t
  12. 12. Business and Social Environment National Innovation Performance : Logic Vs Magic Country Performance Country Performance Physical Infrastructure Connectivity to New markets and Others Intellectual Infrastructure Education Training Skills Knowledge Networks Research Institutes Social Vision and The Will Cultural Infrastructure Risk Culture Innovation Ambience Venture Mind Social Recognition & Reorgiztn Financial Infrastructure Angel Funds Venture Fund Innovation Fund Incubation Fund Tech. Bridge Fund Investments Innovative & Entrepreneurial SMEs
  13. 13. Innovation and Entrepreneurial SMEs waiting to be Unleashed 300 to 400 Million $ “ It is not crazy enough to be true ! ” - Neil Bohr Impact of Incubating SMEs ! SME Incubation Investment 1 milion $
  14. 14. SME Entrepreneurs, the process and their evolution BUTTERFLIES: Once a little girl saw a pupa She was watching it for many hours as the butterfly inside was struggling to come out. Then it got stuck. Wanting to help the butterfly she cut open the cocoon and freed it. BUT ALAS! IT COULD NOT FLY AND IT NEVERWOULD . The Butterfly’s struggle to get through the small opening is nature’s way of forcing fluid from the body to its wings, so it would be ready for flight.
  15. 15. Next day the same thing happened …. She saw another butterfly struggling to come out. She can not do anything. She stood there shouting and yelling “ Come on“, “Be carefull”, “Don’t get hurt”, “Keep it-up”, “No-No”, “Yes-Yes” ,“Prepare a Business Plan”, “No good strategy”… Finally the butterfly came out and started flying beautifully. … She was in laughter and tears. The Butterfly came , sat on her shoulders & said “ Thank you, I became a butterfly only because of you ! ” SME Entreprneurs and reality
  16. 17. Incubation Delivery System EurOffice Services : Opening International Markets for Innovative SMEs Venture Internationalization Networking Standardization Incubation Internationalization Processes Basic Model <ul><li>Special Elements </li></ul><ul><li>Contact Match Making </li></ul><ul><li>Focus on Domains </li></ul><ul><li>Stream Lining </li></ul><ul><li>Enhancements </li></ul>
  17. 18. Technical and Marketing Networking Services 1. Sunset Network Sessions 25 Startups 2. AIMs Academia Industry Meets Mentoring Services Databases of Mentors and Technology Advisors 11 Entrepreneurs – 15 Pre Matching Process – 18 Active On-Going Mentoring - 9
  18. 19. Personal Business Advisor 1. GloTech – Augsutine – Bio Mining 2. Innova – Dakhsina – Manu Soltn. 3. Pure Tech – Arvind – Enviro Solutions Coaching Towards Global Markets 1. GloTech – Augsutine – Bio Mining 2. Paneer Selvam +1 – Bharath Agro Products 3. Pure Tech - Arvind - Enviro Solutions
  19. 20. “ Science Parks & Business Incubators are the GREATEST INNOVATION of the 21 st Century Industrialization ” - Jiang Zhameen, Former Chinese Premier