Octantis Business Empowerment. November 2006
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1 Octantis Business Empowerment November 2006
2 Results applicant profiles reviewed. 60 projects accepted. 42 new companies. 10 companies with total sales of US$8,5 US$10,0 (2006) 12 international patents. US$2.0 in state grants allocated to our porfolio. US$ 1,2 angel capital INCAE & BID case of study Angel Investors Network and Angel Investment Forum created and operating. P2P relations for each entrepreneur.
3 Octantis, Powering Business Our business Active selection Seeking innovative high-growth businesses INNOVATIVE: In products, service or business model. HIGH-GROWTH: Doubling its sales year per year. Networking Focus Global networks are a critical resource for innovative entrepreneurship. Our job is to develop in entrepreneurs the skills for creating and exploting business networks. Science and Business, Market-focused intelligence Cooperating with important Technological Centers, we seek to incorporate science-related professionals in our portfolio. To Researchers and technologists that are able to create an innovative business, but need help in managing, we provide access to potencial business partners to ensure business success.
4 Octantis Who we are Business Empowerment of Innovative Ideas, Projects and Businesses Networked Incubator Operating since January 2003 Who takes part in Octantis? Universidad Adolfo Ibáñez CEO, Clima de Emprendimiento Organizado INVERTEC IGT We know about Business We know about Entrepreneurship We know about Innovation & Technology
5 Octantis Who we are Value Offer: We support new companies with contact networks and coaching Distinctive elements: Networking Coaching Focus on business, not in technology business, not in technology Some numbers since January 2003: 2500 basic business ideas received 250 business profiles developed 80 businesses passed through the design stage 40 business currently at the design stage 15 businesses in incubation stage 1.1 Million US$ in angel investment 1st Success Case: Recycla Chile S.A.: The first and only company of electronic recycling "ewaste", oriented in processing and exporting the remainders of byproducts of equipment like computers, telephones, mobile phones, radios, etc. The company emerged from Octantis, and in its 3rd operational year has sales of US$ 3 million. The company also got the National Environmental Award by Prochile
6 Market Development & Sensibilization 20 Companies Applying Ideas Ideas Development Workshop Applying Profiles Networking and Project Strenghthening Workshop Incubation Proposal Entrance into Octantis Application at 30 best projects selected Business Plans Workshop Personal interview with 10 best teams 5 best projects selected Talking with invited applicants Skill identification and development oriented workshop Self-evaluation in entrepreneurship skills Elevator Pitch Entrepreneur teams evaluation Networking and business development plan
7 Market Development & Sensibilization Science & Business Potencial Serial Entrepreneur Recruitment SE Selection and Training Matching Preparation Matching Workshops Following up Entrepreneurs and Angel Investors Database Scientists and researchers show their work s applications Working with serial entrepreneur to formulate a proposal for preincubation Watching patentable research projects seeking good businesses. 1st Day Ludic Workshop to know each other. Researches presentations. 2nd Day Proposals for client, investors, and allies.
8 Value Chain to the Entrepreneur Genesis Start Up Initial Development Business Design Start Up Support Company Development Program 3-6 month Focused on measuring the real size of the opportunity Working with a specialized mentor Contact network oriented to the business design 2-3 month Legal constitution of the company Intellectual property Initial Accounting Marketing Plan Branding Media Plan Incubation Advisory Board Contact network oriented to the allies, clients and suppliers Working with a comercial mentor Angel Investment
9 How institutions help Seed Capital CORFO provides seed capital to support start ups for innovative businesses. Funds for Incubators CORFO provides funds to help business incubators to be created. Innovation funds CORFO provides funds to finance research and technological development to help create new business opportunities.
10 Our new subjects Re-entrepreneurship How to transform failure into worthy experience to create new companies. Feminine Dynamic Entrepreneurship Activating the enormous potential in women to be entrepreneurs. Technological Transfer How to help other countries to create conditions to foment dynamic entrepreneurship.
11 Portfolio of Projects Sectors of development Mining Health Care Food Industry Food Technology Environmental solutions Intergraf Nowire Biohidrica Rebsol Interfaz Hombremaquina Modaflex Biodinamica Residuos Hospitalarios Proteinas recombinadas Masas de Chile Aqua Food Paralelo 53 Wiseconn Rethink Control Tec Oil Hunter Woodplast Recycla Call Center Technology Tourism Security Financial Solutions Community of special interests Right Call Mago de Oz Yo.e-net EcoDomos Chilean Sky Big Magazine Confianze Mobile Brain Solar Chile Dreamline Bora Systems BPO Confirming Compras Inteligentes BPrint Multiverze Movix- Ringstone Musica en colores Partituras
12 General Manager: Gabriel Hidalgo F. (56) Networking Coordinator: Diego Ibáñez P. dibanez@octantis.cl (56) Contact Avda. Presidente Errázuriz 3485 Las Condes Santiago Chile Teléfono: (56) Fax: (56) Balmaceda 1625 Recreo Viña del Mar V Region Chile Teléfono: (56) E Mail: contacto@octantis.cl
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