18
InnoEnergy At a Glance March 2018
InnoEnergy At a Glance
March 2018
www.innoenergy.comAbout InnoEnergy
www.innoenergy.comAbout InnoEnergy
www.innoenergy.com
- European public-private partnership established in 2010
- Supported financially by the EIT (European Institute of Innovation & Technology
- Created to drive innovation into the Energy Sector
- 6 co-location centres
- 230 employees
- 26 shareholders
About InnoEnergy
85M€
www.innoenergy.com 5
Thematic fields and technology focus
Clean coal andgas technologies
Energy storage Energy efficiency Energy fromchemical fuels
Renewable energies
Smart and efficientbuildings and cities
Smartelectric grid
Sustainable Nuclear& Renewable convergence
Selected innovation fields
www.innoenergy.com 6INNOENERGY
InnovationProjects
Education
InnoEnergy
BusinessCreation
250Project partners
across Europe
77Patents filed
78Products and services
supported
3Manufacturing
facilities constructed
147Million euros of InnoEnergy
investment
1.2Billion euros
in project costs
3Billion euros in forecasted sales
162Early start-ups
supported
80Companies
created
33Million euros
of externalinvestment
raised
1,884Business ideas
captured
574Gamechangers from the
InnoEnergy's Master’s School
14,200Applicants to InnoEnergy's
Master’s School
93%Graduates who find
a job within six monthsof graduating
15%Average annual salary
earnings over graduatesof similar programmes
140PhD students supported
35PhD graduates
8MOOCs
www.innoenergy.com 7
Innovation Projects
1st
customer
IdeationAcceleration
Growth
Early Late
Pre-sales
AwarenessTalent attraction ~TRL7-8
Business PlanFull-time team
PoC ~TRL4-5Customer USPBiz. Model v0
Post-sales
InnoEnergy Services
InnoEnergy Tools
InnoEnergy programs
InnoEnergyEnergy
Challenge
Innovation byDesign
Boostway & Inv. Fund100k (royalties)
100k-250k (equity) VC Community
Market Creator (BOT program)
InnoEnergyYoung
EntrepreneursFactory
E2Talent
Highway~120k (equity)
High Value Scouting & Match- Making Services for Corporates
InnoEnergy “On the road”
Open Space Studio
InnoEnergyCommUnity
DTMap
Intra-preneurship program
InnoEnergy Programs, Services & Tools
www.innoenergy.comActivities and events - Networking
• International InnoEnergy fair where industry and investors meet the start-ups.
• Latest trends, inspiring speakers and the latest innovation ideas
• More than 250 participants. • Each year organized in a different European city. • Pitching sessions for the best ventures.
www.innoenergy.com 9Venture Capitals included in the community
Twelve of the most relevant players in the Cleantech industry
VC Community
INVERSIONES FINANCIERASPERSEO
Technology Ventures
www.innoenergy.com 10InnoEnergy Programs, Services & Tools
Corporate challenges events
Open Space Studio sessionsInnovation by design program
Market Creator© program
Helping companies in the Innovation Journey
High Value Scouting & Match-Making
Services for Corporates
InnoEnergy “On the road” for Corporates
www.innoenergy.com 11
Venture programs process:
Ventures selection and investment process
1 - 2 month 1 – 2 months 2 years maximum
Preliminary analysisInternal Committee / Interview meeting with Candidate
Opportunity assessmentMarket / Technology /
Team Assessment
(Internal/ External Consultants)
Opportunity assessment Committee
Delivery of services (Including funding)Su
bmis
sion
of p
ropo
sal
(form
+ p
ptpr
esen
tatio
n)Term sheet execution
Shareholders agreement(Highway)
Business creation service agreement (Highway)Boostway service agreement (Boostway)
If green light - Contract signed
Term sheet (Highway)ROI Agreement (Boostway)
If green light - Contract signedRoadmapDefinition
(Enterpreneurneeds
What, when,how, who
and what for)
Follow up….Exit (Highway)InnoEnergyROI Invoicing(Boostway)
www.innoenergy.com 12Innovation Project process
Submissionof innovation
project proposal
Contractsigned
Day 0 1 month 2 months 3-4 months Time to grant6-7 months
Thematic field assessment
Selection of proposals by thematic field
IE -board-level assessment
Final selection of proposals
ProjectKick-Off
Feasibilitystudy
Projectlaunch
Pre-
subm
issi
on
supp
ort &
adv
ice
Additional support for market growth and scaling
Gate review.go / no-go decision
Innovation Projects process:
www.innoenergy.com
Sustainable funding
13
Combining the best of private and public models
Working with InnoEnergy
0.5-50Million €
Projectbudget range
0.2-5Million €
Typical value ofInnoEnergy
participation
2.6Million €
Averageprojectbudget
funded byInnoEnergy
61%Averageratio ofprojectfunding
provided byInnoEnergy
1xROI
Expectedwithin5 years
of projectcompletion
5xROI
Expectedoverall
www.innoenergy.com 14Working with InnoEnergy
Shareholders:
InnoEnergy
Corpower
Disruptive Wave Energy technology
Shareholders:
InnoEnergy
Repsol
Shell
EDP
AKER Solutions
Principal Power
Floating offshore wind platform
Minesto
Efficient energy harvesting in tidal streams and ocean currents.
Shareholders:
InnoEnergy
Midroc New Technologies
BGA Invest
Sweden NASDAQ
www.innoenergy.com 15
InnoEnegy is part of the Northvolt Project - A EU lead battery gigafactory in Sweden
Proximity & Collaboration in EU initiatives
www.innoenergy.com 16
InnoEnegy is leading and coordinating the European Battery Alliance
Proximity & Collaboration in EU initiatives
www.innoenergy.com 17INNOENERGY PARTNERS
www.innoenergy.com
InnoEnergy is supported by the EIT,a body of the European Union
Javier Sanz – CTO Renewable Energies
+34 935 572 342
