where sharp minds create the future

Where Sharp Minds Create the Future

Arne HanssonCEO Ideon Open

Agenda, June 1, 2021

•The need for a Science Park•The first steps towards IDEON Science Park•Some of the success stories•Critical buiding blocks of a Science Park•The IDEON organisation

•The Science Park – ”IDEON Science Park”•The Startup Incubator – ”Ideon Innovation”•The Corporate Accelerator – ”Ideon Open”

•Closure

The Location

CPH

Greater Copenhagenpopulation 4 Million

Major Industries in Southern Sweden were disrupted by new technologies and globalization in the 1970-ies.• Shipbuilding – Kockums - was moving business and jobs to Japan and Korea

• Mechanical calculators – Addo – were replaced by digital calculators

• Oil crisis, high inflation, high unemployment rate. A society in economic crisis.

A role model to create new growth, Silicon Valley.A place where researchers can meet entrepreneurs and build new growth in society through new business ventures

The Ideon story begins 1983• An idea from a Professor in Chemistry• A Green field just outside Lund University• A strong support from local and national government• A private investor – The founder of IKEA, Ingvar Kamprad

The Purpose of IDEON Science Park

”To create sustainable growth in our society

through collaboration between university and industry”

A Triple helix Foundation to guarantee that the purpose is clear

• Lund University

• Chamber of Commerce

• Regional Government

Ideon Science Park

Rickard Mosell – Deputy CEO Ideon AB

Ideon Science Park today

World class research facilities; Max IV – Strongest X-ray ever

ESS – European Spallation Source

>400 companies10 000 employees4 focus areas

The AmbitionSome of the many Sucess stories

The AmbitionCritical building blocks of an Innovation Eco-system

Source: Vitanen

STARTUPINCUBATOR

CORPORATE ACCELERATOR

CORPORATE

ACCELERATOR

SCIENCE PARKSTARTUP

INCUBATOR

The IDEON organisation

THE 3 SISTER COMPANIES ARE OWNED BY

• Lund University

• Lund Municipality

• The real estate owners at the Science Park

Securing the competences neededMaster Students Match MakingJob fairsDigital matching events

Talent attraction and

matchmaking

Scaleing up &

Going Global

Supporting scale-up ambitionsAccess to global networksCoaching scaleupsMentoring leaders

Sweden ICT - Digital Innovation and Transformation Collaboration

•6 leading Swedish Science Parks

•Joint methods and best practices

•Connected Eco-systems

Esa Bic Sweden is managed by the incubators Arctic Business Incubator in Luleå, Uppsala Innovation

Center and Innovatum in Trollhättan and now also Ideon Innovation!!!

For startup companies that use space technology solutions for technical problems on earth - or vice versa.

« Take your business off the ground » - SEK 500,000 in grants

- 80 hours of technical support from the leading technical partners within the ESA network.

- Access to ESA's IP

- Access to ESA's international events

- Support to secure additional venture capital, loans and grants

- Extra travel grant of 50 000 SEK and soft landing on other ESA Bics in Europe.

Fast Track Capital III is an angel investment company (ÄIB)

that will invest in selected companies in Minc's and Ideon Innovat ion's

incubator program

- Target invested capital SEK 25-30 million, half of which is from Saminvest

- Target 40 – 50 angels and at least 33% female investors

- One-time investment per target company SEK 3-500 tkr

- Investment period June 2021- Aug 2023

SIA (Co-investment agreement) offered to experienced business angels

- Has the will and capacity to make follow-on investments

- Saminvest matches SEK 1-5 million

IDEON OPEN

CORPORATE INNOVATION &

ACCELERATION

We boost Sustainable Innovation

through Intrapreneurship

and Open Innovation

"

Why is Open Innovation Important?

"No matter who you are, most of the smartest people work for someone else”

Bill Joy

Sun Microsystems

The Innovation Eco-system:

Sets the foundation for any successful Open

Innovation initiative – you nurture and develop

your eco-system

Internal

Collaboration

HR

Bus.

Dev.

LegalProcurement

Marketing

R&D

External

Collaboration

Outside-In

Inside-Out

Open Innovation

Intermediaries &

Innovation Experts

Competitors

Customers

Suppliers

Universities,

Research labs

Start-Ups/

SMEs

Individuals

Retirees

Players from

other industries

Governments,

Semi-Public

Bodies

<=== Open Idea Management System ====>

Sales

M&A

Key Partners

Public & NGOs

Academia Industry

Clients

Loss

Profit

Time

Start up way of thinking in established companies

The Ideon Open S-curve

Inspired by the Clayton M.

Christensen S-curve

Innovation Ambition

Source: Ambition Model from Harvard Business Review, HBR. Plus added Effectual Lean Start-Up Thinking

t

Collaborative Corporate

Accelerator at Ideon

VERTICALS TECHNOLOGIES

IR/ Augmented Reality

Connectivity

Cloud

Mobility

Big Data/ Data Science

Artificial Intelligence

Smart Cities

Health Tech

Smart Materials

Future Transportation

OUR PROCESS OF INNOVATION AND ENTREPRENEURSHIP

WHATExperiment

HOWExplore

Opportunity

Defined

Intention

Articulated

WHY

Solution

Validated

OUR CORPORATE ACCELERATION PROCESS

Launch Accelerate Re-EnterIntention

Role of

Management Participant & Sponsor Participant & Promoter

Role of Team

Trust

Catalyst

Participant

Potential Participant

Stages

Practices

Processes

& Tools

Largest Paper Mill in the World

> 1 million metric tons/year

Decreasing Newspaper market = Global Overcapacity

50% capacity shut down 2013

Challenge to find replacement products

Collaborative co-creation

> 200 organisations involved

> 300 ideas validated

3 new business concepts delivered

New material developed - DurasenseR

Bio-based Composite material

50% Cellulose fibres + 50% Biobased polymer

Replacement material for fossile based polymer products

Vilka är vi?Simple first product to proof the product and business

Handle for basic Dishbrush

From fossile-based to bio-based consumer products

Opening of Europe’s largest wood

fibre-based biocomposite plants

Hylte Mill, Sweden - June 4, 2018

We boost Sustainable Innovation

through Intrapreneurship

and Open Innovation

Innovation Strategy

& AssessmentNew Business

Design &

Innovation

New Business

Implementation

Innovation &

Intrapreneur trainingChallenge-driven

innovation

Curated innovation

spaces

“Flight path &

mission control”

“Space shuttle

Launch & Flight"”

“Re-entering the

atmosphere”

“Astronaut training” “Houston, we have a

problem”

“Curated launch

pads”

BEYOND Corporate Collaborative Accelerator

How do we keep relevant?Strong need for continuous development

of the Science Park

CocreationOpen innovation

Bench marking

Cross functional teams

Tech safaris

Hybrid – live & digital

Thank You !