Green Technology Incubator

Why? To whom? How?

Projekts “Zaļo tehnoloģiju inkubators” (Līg.nr. DL-2014/9)

August, 2016

Why?

Resources and criteria

Wide knowledge base in the universities

Positive attitude from the university to set ideas commercialized

Creative, dynamic atmosphere/environment

Knowledge based diversified industrial structure

Close co-relation:

Society University Industry

Knowledge

Diversified

industry

Close

Co-relation

Positive

attitude

Creative

atmosphere

3 Venture capital funds

(Expansion Capital; FlyCap;

ZGI)

Seed and Start-up fond

(Imprimatur)

Required

elementsPre incubation Incubation After

incubation

Maturity

Organizatio

ns /

activities in

Latvia

MoS&EMoE

LIDA DFI

9 Business incubatorsTechnology

transfer

contactpoints

Atspēriens

TechHub

Ideju kauss

Business incubator, creative

industry

Connect Latvia

Business laboratories /

incubators in universtituies

SSE, LU, RTU

Venture capital(Baltcap)

Seed Forum

Commercialization Reactor

«Green Technolgy Incubator

3 Venture capital funds

(Expansion Capital; FlyCap;

ZGI)

Centers of Competencies

Seed and Start-up fond

(Imprimatur)

Too fragmented, hard to find support and get the idea from ax to bred;

Weak links between innovation fostering organizations and activities including universities;

Poor knowledge of supporting business and innovation;

Lack of investment ready knowledge-intensive business ideas;

Not clear ownership of IP developed by public funds

Too complicated for start-ups, inventors, researchers, entrepreneurs;

Everyone / No one is responsible for innovation

Challanges in ecosystem

Fall 2010th – Mats Kjaer, Mārcis Auziņš, Roberts Ķīlis, Ģirts Rungainis, Jānis Ošlejs, ……

«We need something like IDEON science park inSweden»

29.11.2010 – meeting with Ministry of Economic«May be Norwegian financial instrument couldbe used to support incubator»

07.07.2014 – «Green Technology Incubator» started

From idea to incubator

Founders

Partners

«Green technologies»

1) Production of renewable energy;

2) Production of green (energy efficient) products and materials for buildings;

3) Clean transportation;

4) Water management;

5) Waste management;

6) Eco design;

7) Or any other improvements in products, technologies or processes in other fields contributing to energy efficiency, lower emissions or lesser consumption of resources.

The Board

Vice-rector for science, RTU Tālis Juhna

Vice-rector for science, UL Valdis Segliņš

exVicepresident, SIVA Torkel Ystgaard

Managing Partner, Imprimatur Toby Moore

Former executive vice presidentof SEB group Mats Kjaer

Team

Director

Matiss NeimanisBusiness Modeling

Dāvids Štēbelis

IP, Biotech

Māris Jansons

PR, Marketing

Liene Rubina

Finances

Ģirts Ozols

Engineering

Aigars LaizānsLawyer

Mārcis Krauze

Design

Čarlzs Bušmanis

Connecting teams

Elīna Stīpniece

To whom?

Individuals /project teams(preferably: business developer + researcher)

Existing companieslooking to expand globally

green technologies

Target clients

How?

http://www.globoforce.com/gfblog/2013/happiness-flow-and-how-to-be-a-better-leader/

idea => pre-incubation => incubation

1. Call for ideas

Applications

2. Evaluating Applications

3. Signing Agreement

4. Informational Seminar

5. Individual Meeting

6. Group Trainings

9. Mentoring

7. Progress Reports

10. Consulting11. Outsourcing

8. Networking

12. Business ModelB-Plan

Incubation / Acceleration (EU, USA, …)

Pre Incubation 6 months

Consultancy, encouragement, coaching

Expertise in technology

Trainings

Development of business model

Assistance in application for investments

Services

Reward for experts – 5561 EUR (incl. all taxes)

Laboratory tests and/or

technical expertise – 2943 EUR (incl. VAT)

Seminars, trainings, networking – 450 EUR

Open office – 212 EUR

Total = 9286 EUR

Financial support €

Pre Incubation

Too complicated or too simple Business Models

Focus on technology not on product

Poor knowledge in marketing, selling strategy

Sitting on two «chairs» (How to finance the team?)

How to finance prototype and where to manufacture it?

Challenges within start-ups

What have been achieved?

≈ 500ideas received so far

123 + 30Ideas accepted

Pre-incubation

→2017th 48 from universities

July, 2014th – August, 2016th

24accepted

Incubation15Planned

July, 2014th – August, 2016th

48 - linked with universities, R&D institutions

59 - are still being implemented and developed

5 - have attracted investors

11 - are working to attract investors

1 - got on final in Climate Launchpad 2015th

2 - have been accepted in accelerators abroad (FIN, USA)

24 companies incubated

3 companies linked with universities (UL and RTU)

In 2015th companies havepaid:

1.8M EUR – to state budget

0.5M EUR - state social insurance contributions

(VSAOI)

IncubationPreincubation

ZTI is the partner of the World’s largest Cleantechbusiness idea competition

201515 applications → 3 to Europe final

WaterTube among TOP 10 in Europe final

Climate Launchpad

ZTI is the partner of the World’s largest Cleantechbusiness idea competition

201611 applications → 3 to Europe final (October, 2016th)

Climate Launchpad

Green IdeasGreen

technology incubator

PolyLabsHigh quality Bio polyol fromrenewable resources (rapseed andtall oil)

One of the projects that wasfinished according the plan

Cooperation with Institute of Wood chemistry

Play GineeringSystems

System to track and monitor activities on a sports fiels, forSoocker, basketbol and others.

• Nominated as EU sport innovation

• New client acquisitions in 1M +

• Raised seed investment

ALINA Eco-Shield technology isused by paint producers tosubstitute biocides and heavymetals while extending woodenpaint and coating lifetime.

• Accelerated in Plug and Play

• Nominated as one of winners in Sustainable Build innovation award, Denmark

Disinfects water - kills viruses and bacteria. Removes organic pollution without mechanical filters and use of chemicals.

• Climate Launch pad finalist

• R&D projects in pipeline

81 idea – semifinal10 ideas – final

(«Dragon»)

• Accepted in Vertical accelerator

• Recognized in ULF ethnology expo

• Presented in Medicon 2016 event

Eho Textiles - smart textile company, producing apparel for people with movement disorders, to master body motion for better training and recovery process.

ELECTRIC WIRES

EHO PRESURE SENSORS

EHO STRECHING SENSORS

SaproGlue

To glue anything with respect fornature and health

Technology from UL

Acceleration programMarket validation

From students business incubatorto Green technology incubator

Part of draugiem.lv group

Market

BANKS Schools & Universities

Parking lots Municipalities

Peat finishing plaster

Application:- Scraper- Spray gun- Hands

Use:- Apply on walls- Apply on furniture

Impact sensitive composite layer

Mechanical action causes the capsules breakand release the colour.

Can be fixed the minimum power of impact.Only exceeding the minimum value, capsuleswill break.

Hemp Houses

Cell transplantation product for horses

The acronym “AlloMT Cell” stands for Allogenic(healthy donor derived) Mesenchymal Tissue Cells.

Standardized mesenchymal cells packaged as“AlloMT Cell” are ready for transplantation.

Cells prepared according to ISO9001:2008 certifiedInCell Ltd. proprietary technology are clinicallytested and safe

From basic science to innovation

E- scooter

Speed – 15km /hDistance -20 kmCharging time – 2hWireless control systemFoldable – 5sec

Digital namecards

w i t h i n f y . m e y o u c a n :• always carry all your business cards with

you;• exchange cards via social networks;• exchange cards via skype conferences;• see your business card history and

statistics;• see other participants on business events

and exchange with cards with them.

Smart Street Lights

E3 Building Systems

Nipon

The company is developing bioplastics

and combined packaging materials, two

unit biopackaging production equipment.

The competitive advantage – the

equipment is adapted for small scale

production of packaging materials

GREEN TECHNOLOGY INCUBATOR