What CTI can bring to start-ups
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1 Federal Department of Economic Affairs FDEA Federal Office for Professonal Education and Technology OPET EIN BUNDESAMT DES EIDGENÖSSISCHEN VOLKSWIRTSCHAFTSDEPARTEMENTES Innovation Promotion Agency CTI What CTI can bring to start-ups The Innovation Promotion Agency CTI Petit déjeuner des PME et des start-up Pierre Strübin, Coach CTI Start-up Genève, le 30 octobre 2009
2 INNOVATION: the long way to success Industrialization Business model Financing Successful business Invention POC (proof of concept) Market acceptance Build Business 80 to 90% : hard work stay in academia Big potential in CH Economic impact Economic wealth 2
3 CTI: Science to Market (CHF) Basic research Financing (seed money) Know-How Network CTI Invest Industry CTI Projects CTI Start-up CTI Entrepreneurship (years) 3
4 New: Industry in the driver s seat Process Elaboration of project summary Formal check Assessment by CTI experts Yes / No Completion, detailing of project proposal Yes / No Phase I Phase II Phase I: Companies apply by submitting a short description without having identified a university partner Phase II: CTI proposes possible R&D university partners Companies choose their partner(s) in open competition and jointly define the cooperation conditions, work out detailed proposals 4
5 Criteria to be qualified for the CTI Start-up program New technology-based company founded or to be founded in Switzerland Innovative business idea with A good market and business potential strong technology base, market driven Scalability Defendable business good chances for protection (patents, trade secret, license, speed, etc.) Strong commitment Key competencies within the team 5
6 What CTI Start-up offers you Professional business coach and access to experts Customised coaching program and modules for start-ups: Intellectual property Business modelling Financial planning Sales accelerator Technology coaching Etc. Access to CTI Invest Access to the Swiss House services in the US (in particular Swissnex San Francisco and Boston) Program is free of charge but no direct investment possible 6
7 Goal-oriented business coaching Phase 1 Phase 2 Phase 3 Phase 4 Basic check of business idea High-Tech? Innovative? Realistic? In right area? Registration Professional evaluation Market & Technology Feasibility Management Team Commitment Coaching Acceptance Professional Coaching 3 weeks 4-6 weeks 6-18 months Business plan B-Development CTI Project Training CTI Start-up Label Arms length coaching CTI Network Contracts Funding Over 40 coaches with personal entrepreneurial experience Network of specialists (IP, finance, strategy, marketing, etc.) CTI technology experts 7
8 Start-ups with excellent survival rate Number of Companies Labels active in Business ICT (Information / Telecommunication) Life Sciences Engineering / Interdisciplinary Micro- & Nanotechnology 21% 39% 5% % 8
9 Ready to start? CTI Projects CTI Entrepreneurship CTI Start-up CTI Invest Innovation Promotion Agency CTI «venturelab» CTI Start-up CTI Invest 9
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