end to end innovation support program for cp csa...v0.1 status draft date 31.05.2016 v1.0 status...

End to End Innovation Support Program for

Future Internet Web Entrepreneurs

Combination of CP & CSA

Grant Agreement Number 632858

D.3.5 Award Management Report

Version: 1.0 Date: 21.9.2016

Nature1 R Dissemination

Level2 PU

Due date 31.5.2016 Submission date 21.9.2016

Main author(s) Stefan Stengel

Co‐authors

Reviewers Youssef Sabbah

Contributors

Keywords Award, the first 5 Teams of the best 30 teams

Version Control:

V0.1 Status Draft Date 31.05.2016

v1.0 Status Final Date 21.09.2016

1

Nature R Report P Prototype D Demonstrator O Other

2 Dissemination Level: PU Public PP Restricted to other programme participants (Including the Commission Services) RE Restricted to a group specified by the consortium (Including the Commission Services) CO Confidential, only for members of the consortium (Including the Commission Services)

SpeedUP! Europe FP7‐632858 D3.5 Award management report

©SpeedUP! Europe Version v1.0 Date: 21 September 2016 2

Co‐Funded by the European Union

under the Seventh Framework Programme

TableofContentsList of Figures ................................................................................................................................. 3

1. Introduction ................................................................................................................................ 4

2. Application criteria ...................................................................................................................... 4

3. Evaluation Process ...................................................................................................................... 6

4. Processing the Award ................................................................................................................. 7

5. Results ......................................................................................................................................... 8

6. Conclusion ................................................................................................................................... 9

7. ANNEX I: Award Rules provided to the teams .......................................................................... 10



ListofFigures

Figure 1 Raffle Order of the pitch presentations of the teams .................................................. 6 Figure 2 The jury (left to right: Piotrowski, Lemme, Schmidt, Meyborg, Reichboth) ..................... 7 Figure 3 The five award winners celebrated ........................................................................ 10

ListofTables

Table 1 List of the 31 Teams who were allowed to compete fro the award ................................. 4 Table 2 Criteria points ....................................................................................................... 7



1. Introduction

SpeedUP! Europe (SUE) is a disruptive end‐to‐end acceleration and support program to foster

entrepreneurial education, innovation and ramp‐up to finance. It is embedded in the European

Commission Future Internet‐Public Private Partnership (FI‐PPP) Program under the 7th framework,

and related to Future Internet Platform “FIWARE”, the Open Source Generic Enablers Building Bricks.

The programme was launched with 16 other accelerators as part of the last phase of FI‐PPP with the

goal of creating an ecosystem of entrepreneurs and SME‐driven innovation.

Through SUE, up to 100 entrepreneurs and SME’s can be funded with €50,000, as well as receiving

coaching, training, and access to many events within the period of the programme. These start‐ups

and SME’s were to develop innovative services based on the FIWARE generic & specific enablers in

the areas of AgriBusiness, SmartCities and CleanTech. The application period started in the fall‐

winter of 2014, then the 96 selected projects joined the acceleration phase in February 2015 and

ended on October 31st 2015. The project is present in several cities through “hub” system;

Hamburg, Stockholm, Copenhagen and Amsterdam. The SUE teams are supported by a combination

of virtual tools (online platform for matchmaking, idea generation and call management) and a

series of physical workshops organized across Europe, where entrepreneurs can meet, grow their

ideas, develop their product and receive feedback from customers, partners and investors.

SpeedUP! Europe had a budget of € 5.5 million, allocated as grants via open calls to up to 100

selected project teams to develop innovative web based applications using FIWARE generic &

specific enablers in the areas of AgriBusiness, SmartCities and CleanTech. Part of this budget was

allocated to award the best project teams in the programme.

SpeedUP! Europe planned and organised at the end of the its acceleration process an Award with a

dedicated prize money of 500.000 € for the best five teams. Deliverable D3.5 is about the Award

management and the results.

2. Applicationcriteria The application process for the awards was open to the top 30 project teams part of the SpeedUP!

Europe Acceleration Programme. These teams have been evaluated throughout the acceleration

programme and ranked according to pre‐set evaluation criteria. However, as the last teams in the

ranked list had the same ranking, the award was finally opened to 31 teams. Table 1 below provides

the list of the initial 31 projects based on the ranking after the 3rd Milestone of the Acceleration

Programme. Only the project teams in this list could apply and compete for the Awards.

Table 1 List of the 31 Teams who were allowed to compete fro the award

(31 teams, because the last 4 teams had the same points)

N° Team Name Proposal Milestone 1 Milestone 2 Milestone 3 TOTAL

1 109 Look Local

23,5 29 28 29 109,5

2 138 OEEX

28,5 28 26 27 109,5



3 65 eComDel

24 27 29 28,5 108,5

4 136 Gro Family

27,5 27 26 27 107,5

5 170 SENSORHOME

23 30 28 26 107

6 16 Bat Sharing

24 24 30 28,5 106,5

7 115 Sponsoo

22,5 27 28 29 106,5

8 22 Breeze

27 25 28 26 106

9 82 Family Farming

25 30 25 25 105

10 36 ADDACT

24,5 26 27 27 104,5

11 19 Binee

21 27 29 27 104

12 117 Fi Visual Helpdesk

25 27 24 26 102

13 163 Smart Back up

25,5 26 24 25,5 101

14 131 Agricolus

22 30 22 26 100

15 168 Worldfavor Mobile Application

23 26 26 23,5 98,5

16 66 Elephant 3D

28,5 25 22 22,5 98

17 128 RESET

25 25 23 25 98

18 38 DocPointer

25 25 24 23,5 97,5

19 95 GAIA Nutrition

23,5 28 23,5 22,5 97,5

20 12 SunnyRev

23 25 26 23 97

21 61 Gerabo

23,5 24 23,5 26 97

22 165 Hi! App

24 26 23 23,5 96,5

23 30 Citizen Journalism

26,5 24 23 22 95,5

24 31 Foodnav

24,5 24 24 23 95,5

25 100 Fi‐Craft

22 25 26 22 95

26 6 EdQu

23,5 23,5 25 22,5 94,5

26 52 SNIBS

21 24 28 21 94

27 90 OSC

22,5 26,5 24 21 94

28 56 First Carity

25,5 25 23 20 93,5

29 70 ReTreat

23 23,5 26 21 93,5

30 79 Location Based Marketplace

24,5 28 23 18 93,5

31 141 we_city

26,5 27 23 17 93,5

During the last phase of the acceleration process, the teams had to prepare a recap (30 pages limit

following a provided template) about their acceleration experience, a 30 pages document describing

their project, product, team, business model, their achievements, what they are looking for etc. The

document could be easily repurposed to be presented to investors or potential partners. The teams

received a template for this document and were supported to produce it. The teams had to submit

this document as part of their application for the awards.



A pitching day was organised during the ECFI 2016/ Entrepreneurship Summit in Hamburg on the 5th

November 2015 to find the ‚best’ five teams out of the remaining best SpeedUP! Teams during the 9

month accelerating process.

Applicants had to submit an application of maximum 30 pages latest on 31 October 2015. A

template to prepare the applications has been sent to the project teams who can apply. Applicants

were encouraged to submit draft versions in advance of the deadline, which may be updated

(replaced) up to the submission deadline.

The rules about the Award were circulated to all participating teams prior to the pitching days and

are provided in Annex I.

3. EvaluationProcess All applicants were invited to pitch at the European Conference on the Future Internet (ECFI) in

Hamburg on 5th November 2015. Each project team applying for the awards was invited to make a

pitch of 7 minutes followed by 3 minutes Q&A in front of a Jury.

Figure 1 Raffle Order of the pitch presentations of the teams

The jury evaluated the projects pitching according to the following set of 5 criteria, on a scale from 1

to 10:

Team Ecellence: we mean all active team members, but also a wider network such as

advisors, coaches, and other stakeholders, also the integration of pilot customers.

Funding Strategy: status quo, given outlook for minimum 6 months, the structure of

financing and funding for the next minimum 12 months.

Impact: needs and pains solved for the customers, the market size potentially address, and

the go‐to market strategies, and also the social impact.

Business Model: proved and validated, replicable, competitive, potentially disruptive.

Product / Solution Excellence: how solve customer's needs and pains, balance between

complexity and simplicity of the product or solution and readiness for the different markets.



Table 2 Criteria points

Prior to the pitching session, two rapporteurs had to read the application files and provide a

summary to the Jury, The rapporteurs took part of the Jury discussions after the pitches to assist the

jury members in their decision process in case there was no consensus about a specific pitch. The

Jury members had also access to the application files if they want or needed to.

An award ceremony was scheduled during ECFI (The European Conference on the Future Internet)

on the 6th November 2015, at 20:00 to announce and celebrate the Award winners.

4. ProcessingtheAward

Members of the Jury

The Jury was composed from 5 members:

Veronika Reichboth (HWF Hamburgische Gesellschaft für Wirtschaftsförderung mbH,

Projectmanager nextmedia.hamburg)

Klaus Schmidt (Information Scientist, Building Early Stage Companies, Strategic Alliances,

Start‐Ups, VC, etc.)

Karl‐Heinz Piotrowski (PiazzaPio – Digital Business Development, Consulting)

Simon Meyborg (Greenhouse / Innovation Lab)

Stefan Lemme (FIWARE expert)

Figure 2 The jury (left to right: Piotrowski, Lemme, Schmidt, Meyborg, Reichboth)



Recap Consultants

2 Recap consultants made summaries of the 30 application files to support the jury:

Marcus von Appen (Thyboroen GmbH)

Oliver Coors (coorscounsel)

Moderation

The pitching session was moderated by Stefan Stengel (SpeedUp! Europe)

Task

The task of the jury was to find the ‚best five teams out of the pitching Start‐Ups and award them

with the prizes from #1 to #5.

Procedure

Each start‐up team pitched for seven minutes. During and after each pitch the members of the jury

individually awarded points in five categories. When all the pitches were finished, the jury members

individually added up the points they had given and – still individually – came up with a list of their

own favourite seven teams. They then gave their #1‐team seven points and their #7‐team one point.

A collaborative list was made with all teams that had received points – and, of course, an added

score list.

5. Results On the final score list only eleven teams were to be found. And only seven teams had enough points

to be potentially qualifying for the TOP FIVE. This fact already pointed toward an altogether rather

consentanous process of evaluation.

(#1) The number #1‐team was impressively obvious. With a score of 28 points (out of a possible 35

points) LOOKLOCAL was not only on every jury members’ top seven list but also highly ranked on

everybodies position sheet and ‐most impressively‐ with high scores in every category that was to be

judged. LOOKLOCALs fashion cloud enables the fashion industry the efficient exchange of their

digital content – and their approach convinced every single jury member to the fullest.

(#2) Four out of five jury members had this Start‐Up‐Team ranked (high) on their individual list.

These four jury members emphasized the importance and relevance of this projects’ market – web

video content. VIZZR has created and established a plattform for exciting web videos ‐ with the

important aspect and a USP of reliable management and selling of the associated rights.

(#3) While the first two places were decided on rather ‚undisputedly’ and with little discussion ‐ this

third place was argued about. The consultants were asked about the written recaps, the remaining

five teams were analyzed and discussed thouroughly. After engaged disussions among the jury

members WORLDFAVOUR MOBILE APP was finally unanimously selected for third place. Their

convincing social impact and exceptionally enthusiastic approach made the difference.



(#4 & #5) Now there were four potential candidates for the 4th&5th place left. Again the recaps

were consulted to answer open questions that hadn’t been answered during the pitches. Following

these closer looks at the projects the jury agreed that two of the four projects were not quite as

suitable for 4th and 5th place as the other two – especially the potential of the business models was

a deciding factor. So, BINEE and SPONSOO were agreed on to be sharing 4th and 5th place.

Eventhough BINEE had not yet convincingly commited for one particular business model their

business potential was highly evaluated. The jury was convinced that at least one of the proposed

business models had good chances to be very successful. And the jury members appreciated the

social and environmental impact BINEE can have on their international markets. SPONSOOs

impressive progress during the programme highlighted the strengths of their Start‐Up, and the jury

members were convinced that – if this continuous progress could be kept up – SPONSOO would

have very good chances of establishing themselves in the field of sport sponsoring. If not even

changing it fundamentally.

It took about seven hours for all the teams to pitch and then another two more hours for the Jury to

discuss, reach consensus and select the winners. In the end the jury expressed their respect for the

effort of all teams. Their level of commitment, enthusiasm and – already – professionalism was way

above average and a good recommendation for the SpeedUp! Europe Programme.

Price Money

SpeedUP! Europe will give prizes to the best teams from the acceleration programme. A total

amount of 500.000 Euros will be given, divided into 5 prizes for 5 distinct project

teams.

The total of the prize of 500.000 Euros is split in the following way:

200.000 will be given to the best ranked team

125.000 Euros for the second best team

75.000 Euros for the third best team

50.000 Euros for the fourth best team

50.000 Euros for the fifth best team

The award prize money will be paid to the teams along with the final SpeedUP Europe payment.

6. Conclusion

The Award at the ECFI 2015/ Entrepreneurship Summit in Hamburg was the last great event for all

SpeedUP! Europe Teams. The best 30 teams of the 9 month period pitched their business ideas and

the results of the 9 month work. The best five teams won an award (total prize of 500.000 Euros) and

more importantly after the awards their next investor deals. For example Fashion Cloud had a

company valuation of 8.000.000 €. Sponsoo for example 2.500.000 €.



Figure 3 The five award winners celebrated

7. ANNEXI:AwardRulesprovidedtotheteams

!

SpeedUP Europe Awards Hamburg, 31. October 2015

Overview Speed UP! Europe is a disruptive and ground-breaking, acceleration and support programme providing financial support as well as coordination and innovative support actions to European SMEs and teams of web entrepreneurs selected via open calls to develop highly innovative applications and building upon the FIWARE technology i.e. FIWARE generic enablers & specific enablers in the areas of AgriBusiness, SmartCities and CleanTech.

The programme covers the entire entrepreneurial journey from the idea’s inception, to prototype, business development and provides support to build teams and ideas, develop business models, provides coaching and mentoring as well as support to access funding from a variety of sources to bring projects to life.

SpeedUP! Europe is supported by the European Union and has a budget of € 5.5 million, allocated as grants via open calls to up to 100 selected project teams to develop innovative web based applications using FIWARE generic & specific enablers in the areas of AgriBusiness, SmartCities and CleanTech. Part of this budget is allocated to award the best project teams in the programme. 500.000 Euros are allocated to this purpose, divided into 5 prizes.

Prizes amounts SpeedUP! Europe will give prizes to the best teams from the acceleration programme. A total amount of 500.000 Euros will be given, divided into 5 prizes for 5 distinct project teams.

The total of the prize of 500.000 Euros is split in the following way: - 200.000 will be given to the best ranked team (See later Evaluation Criteria) - 125.000 Euros for the second best team - 75.000 Euros for the third best team - 50.000 Euros for the fourth best team - 50.000 Euros for the fifth best team

Application criteria The application process for the awards is open to the top 31 project teams part of the SpeedUP! Europe Acceleration Programme. These teams have been evaluated throughout the acceleration programme and ranked according to pre-set evaluation criteria. Only the project teams in this list can apply and compete for the Awards.

Applicants have to submit an application of maximum 30 pages latest on 31 October 2015. A template to prepare the applications has been sent to the project teams who can apply.

Applicants are encouraged to submit draft versions in advance of the deadline, which may be updated (replaced) up to the submission deadline.

! www.speedupeurope.eu www.fiware.org

Evaluation Process

All applicants will be invited to pitch at the European Conference on the Future Internet (ECFI) in Hamburg on 5th November 2015. Each project team applying for the awards will be invited to make a pitch of 7 minutes followed by 3 minutes Q&A.

A jury will evaluate the projects pitching according to the following criteria:

Team Excellence, Funding, Impact, Business Model and Product/Solution Excellence

The Jury members will grade each project along 5 criteria, on a scale from 1 to 10:

• Team: we mean all active team members, but also a wider network such as advisors, coaches, and other stakeholders, also the integration of pilot customers.

• Funding Strategy: status quo, given outlook for minimum 6 months, the structure of financing and funding for the next minimum 12 months.

• Impact: needs and pains solved for the customers, the market size potentially address, and the go-to market strategies, and also the social impact.

• Business Model: proved and validated, replicable, competitive, potentially disruptive.

• Product / Solution Excellence: how solve customer's needs and pains, balance between complexity and simplicity of the product or solution and readiness for the different markets.

Prior to the pitching session, two rapporteurs will read the application files and provide a summary to the Jury, The rapporteurs will be present after the pitching session to assist the jury members in their decision process. The Jury members have also access to the application files if they want or need to.

9 - 10: Excellent The proposal successfully addresses all relevant aspects of the criterion in question. Any shortcomings are minor

7 - 8: Good The proposal addresses the criterion well, although certain improvements are possible.

5 - 6: Fair While the proposal broadly addresses the criterion, there are significant weaknesses that would need correcting.

3 - 4: Poor There are serious inherent weaknesses in relation to the criterion in question.

1 - 2: Very poor The criterion is addressed in a cursory and unsatisfactory manner.


After the project teams have pitched in front of the Jury, the Jury will organize a consensus meeting scheduled at the end of the day. The judges will first identify the 15 top projects based on the ranking made during the pitching session. Then in the presence of the 2 rapporteurs and based on the facts reported by them from the application files, consensus will be made to identify the top 5 teams in a ranked list.An award ceremony is scheduled on the 6th November 2015, at 20:00 to announce and celebrate the Award winners.

Payment conditions The payment of the awards will be done to the bank account of the project as defined in the project sub-grant agreement.

The projects have to establish or continue the facilitation of an respected legal entity until 31.5.2016, and the bank account have to be the account of this entity.

If as the amounts are not available on SpeedUP! Europe bank account at this stage, the prizes will be paid after the last payment is received from the European Commission by SpeedUP! Europe Consortium. It is expected that the SpeedUP! Europe project ends on 31st May 2016 and the last payment will likely be done by the European Commission later. The winner projects will be informed when the last payment is received from the European Commission.

The payment of the prizes will also be subject to the following conditions:

- A request for payment will be issued by the team leader and signed. This request for payment will be issued before SpeedUP! Europe project ends (Before 31 May 2015).

- Before the prizes can be transferred to the winner projects bank account, the prize amounts should have been received from the European Commission on the SpeedUP! Europe Bank account. No payment can be done before and SpeedUP! Europe will inform the winners when this is the case.

- The winner projects will have to prove before a payment can be done that the project is still alive and the team is still active. A short report with facts proving that the project is up and running should be submitted. This report should include information to show that the project is still alive, the team is still working on the Product/Service and should include any progress.


Hamburg Stefan Stengel, [email protected] Olaf-Gerd Gemein, [email protected] Coordinator

Brussels Youssef Sabbah, [email protected] Financial and OpenCall Management

Speed UP! Europe is a project supported by the Seventh Framework Program of the European Union under FP7-2013-ICT-FI. The Speed UP! Europe Consortium is led by glocal consult and e-unlimited (Germany and Belgium) and integrates 7 more participants in 4 other countries (Denmark, Sweden and Netherland). The Speed UP! Europe Consortium will build a European cooperative to establish the collaborative accelerator beyond 2015, in close relation with national and local funding schemes, corporates, clusters and experts. The partners assembled for this project include leading European start-up incubators, business accelerators and SME support organizations from the Nordics, Benelux and German regions, including mentors, coaches, business architects, and experts in open innovation, crowdfunding and -sourcing, public funding and VC + BA investment. The project will also interact closely with key stakeholders such as industry clusters, national innovation agencies and large corporates and associations in the three target domains.

Glocal consult e.K., Hamburg, Germany, incubator and innovator WebClusive, Amsterdam, Netherlands, crowdfunding experts and software company ECN (European Crowdfunding Network), Brussels, Belgium, networking group Europe Unlimited, Brussels, Belgium, venture capital facilitator Social Impact Lab, Hamburg, Germany, co-working space and social incubator UVA University Amsterdam, Netherlands, business school and entrepreneurship centre Accelerace, Copenhagen, Denmark, accelerator and seed capital fund Agro Business Park, Arhus, Denmark, business hub and seed capital fund STING, Stockholm, Sweden, venture incubator, seed capital fund and hub


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end to end innovation support program for cp csa...v0.1 status draft date 31.05.2016 v1.0 status...

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