sisp presentation at connect global summit 2013
DESCRIPTION
SISP's CEO Magnus Lundin presents Sweden's the innovation culture, it's incubators and science parks and not at least business angel networks and seed capital funds.TRANSCRIPT
Global CONNECT Summit �
San Diego October 21, 2013
Magnus Lundin, CEO
Key points�
§ Swedish innovation – investment & internationalization opportunity
§ SISP – a network of proactive science parks & incubators/accelerators
§ Cooperation angel networks (CONNECT) & seed capital funds
§ New forms of capital attraction – local/national, crowd equity etc.
4
2/131 – Innovation Capacity Index 2012
2/142 – Global Innovation Index 2013
1/82 – Global Creativity Index 2011
1/28 – EU Indicator of Innovation Output 2013
5
Mobile telephony
Pacemaker
Dialysis- machine
Bluetooth
Zipp
er
Com
pute
r mou
se Safety match
Celcius’ thermometer
Adjustabel wrench
Color screen graphics for computers
Tetra Pak
Modern refrigerator
Vacuum cleaner
3-point safety belt Dynamite Losec AGA Lighthouse
Ball bearing
Blo
wto
rch
Welding helmet
Rear-facing child safety seat
Screw propeller
Skype Hasselblads camera
Plastic plug
Ultr
asou
nd
Spotify
AXE
-sw
itch
Tooth implants Xylocain
6
7
0,14%
But, very small home market…
Triple helix-based nodes in regional innovation system 43 Business Incubators (accelerators), 33 Science Parks, 12 regional seed capital funds Focus on processes, commercialization and renewal of businesses 5000 growth companies with 72000 knowledge workers
Swedish Incubators & Science Parks �
History SISP �
1983 – First Swedish science park (Ideon Science Park)
1989 – Swedepark – STP association
1993 – First Swedish business incubator (Halmstad)
1999 – Swedspin - business incubator association
2005 – Swedish Incubators & Science Parks, joint association
2011 – Operational office, CEO, service & development company, strategic projects, national assignments (2014)
From ideas to successful businesses
Incubators
44 incubators in program
25 with part gov.
financing
947 companies in incubators
655 companies in
financed incubators
1/3-1/2 deemed high growth potential
From ideas to successful businesses
Deal flow – corporate spin offs increase
From ideas to successful businesses
497 M SEK attracted to start ups in incubators
0
50000
100000
150000
200000
250000
300000
350000
400000
450000
500000
Private capital Public capital Total
National investors
Internationell investors
Total
From ideas to successful businesses
Start ups turnover 3,3 B SEK, 4 000 employees (2011)
NOT included M&A’s (60 in 8 years)… • Polar Rose bought by Apple • Illuminate Labs bought by Autodesk • Scalado bought by Nokia • System OK bought by NASDAQ-listed Sonic Solutions • Syntune bought by Ignis, Finisar.
Swedish Business Incubators & Science Parks sisp.se @sisp @magnusswede [email protected] linkedin.com/in/magnuslundinsweden
Thank you! �