Engineering Innovation A sustainable energy future for Europe EIT Awareness Day Tallin, 13.10.2017 www.innoenergy.com
InnoEnergy at a glance www.innoenergy.com 2 InnoEnergy is the biggest cleantech accelerator worldwide Company was established in 2010 as a initiative of European Institute of Innovation and Technology InnoEnergy s strength lies in the broad pan-european network of Partners 6 offices 26 shareholders 299 additional partners Activities in 17 countries 254 Assets in portfolio 95 Companies created 70 Million euros of external investment raised 2 144 Business ideas captured
InnoEnergy Sustainability for Europe. Our goals and focus. www.innoenergy.com 3 Ensure security and safety of supply InnoEnergy Reduce costs in the energy value chain Students Education Tomorrow s leaders Reduce CO2 emissions Improve European competitiveness Research Innovation Projects Innovative solutions Remove barriers to innovation Encourage sustainable growth Entrepreneurs Business Creation Services New businesses Create jobs
InnoEnergy Our services. Education www.innoenergy.com 4 Combining technical knowledge and commercial awareness Improve career prospects Deepen the industry s talent pool Encourage innovation and entrepreneurship Increase competitiveness Delivering smart people, skills and connections to Europe s energy sector
InnoEnergy Our services. Innovation Projects www.innoenergy.com 5 Simplifying the journey from lab to launch Partners, skills and resources Market needs and potential customers Shorten time to market Financing and investment A commercial product in 5 years Expanding the circle of innovation in Europe s energy sector
InnoEnergy Our services. Business Creation Services www.innoenergy.com 6 Tailored business support: the InnoEnergy Highway Product: potential, development, pilot, launch Market: opportunities, positioning, modelling, planning People: capabilities, training, support, mentoring Finance: seed money, VCs, angels, equity Viable technologies, sustainable businesses, entrepreneurial spirit
Testimonials www.innoenergy.com 7 What I appreciate with InnoEnergy is its tailor-made support to help entrepreneurs develop promising and efficient energy solutions while always mindful that they have to conquer markets. MAROŠ ŠEFČOVIČ, VP of the European Commission, in charge of Energy Union InnoEnergy is the gateway to the largest and most valuable innovation ecosystem in Europe. The investment will support us in realizing our vision of creating Europe s largest scale battery cell production facility. But more than that InnoEnergy s vast network has the power to support us for years to come. PETER CARLSSON, former VP at Tesla Motors, Currently planning to build a battery plant worth a total of $4 billion Iberdrola is looking for outstanding leaders who can improve corporate performance and drive competitive advantage in a rapidly changing economy. On that regard, we launched the Iberdrola Challenge, a unique initiative addressed to 167 students from InnoEnergy, MIT and UCLA, based on 3 topics: Global Affordable Energy, New Digital Models in Energy and Social Economy for Affordable Energy. After reviewing all the proposals, only those coming from InnoEnergy students fulfilled our expectations. AGOSTIN DELGADO, Innovation Director at Ibedrola
InnoEnergy Business Example. EOLOS EOLOS Reduces the financial risks and costs of offshore wind Solution: Autonomous system for offshore wind measurement, based on highly accurate leader technology. The all-in-one unit is cost effective, easy to transport & deploy and remains safe even in harsh environmental conditions Value Proposition: Up to 10 times more cost competitive Remote, floating, automatic Reduces CAPEX and Pre-FID cost of money Can be used to mitigate the development risks or operating uncertainty 8
PowerUp! CEE Start-up Competition www.innoenergy.com 9 The aim of the Competition is to select and accelerate the best CEE start-ups working on the sustainable energy We educate and support entrepreneurs to power up energy sector in Europe Nearly 160 business ideas captured! Timeline
Engineering Innovation A sustainable energy future for Europe EIT Awareness Day Maciej Majchrowicz Business Development Manager Tallin, 13.10.2017 10