Objectives, actions and first results Christophe Blanc, Yole Finance COWIN R2i2 Electronics Conference
Presentation story board 1. COWIN at a glance 2. Actions 2.1 Building added-value portfolio 2.2 Promotion of functions and solutions 2.3 VCs engaged into COWIN 3. Results 3.1 Concrete results & Success stories 3.2 Example of success story Bi.flow 3.3 Example of success story LabOnFoil 3.4 More concrete results
1. COWIN at a glance A unique coordination and support action mandated by the European Commission to support the commercial exploitation of FP6/ FP7 research projects results in smart systems A consortium of complementary companies coordinated by Yole Développement One mission: Filling the gap from technology to market Main objectives: New collaboration with industrial partners for further development Transfer of IP Participate to the launch and growth of start-up companies Moto: Pragmatic and operational actions to make things happen Year 1 Building Portfolio Year 2 Business Development Year 3 Growth financing
2. Actions 2.1 Building added-value portfolio A selection process has been set-up: technology differentiation, fit with market and industrial trends, IP and motivation to support exploitation. The analysis is performed by COWIN including Yole experts combined with feed-back from industrials. Attractive and advanced technologies (upgraded as Gold Nuggets) extracted from EU projects are presented in portfolio highlighting functions and applications. Example of COWIN portfolios: 130 FP6/FP7 projects 40 addedvalue technologies selected Smart medical devices Technologies for food applications Bio & chemical detection for diagnostic Smart System for Water applications Molecular interaction analysis for drug discovery Smart Production & Packaging Process control But also new portfolios on: - Structural health monitoring - Flexible electronics - Energy harvesting and storing
2. Actions 2.2 Promotion of functions and solutions COWIN - a platform for business development More than 500 industrial expressed interest in smart systems Direct contacts, phone and face to face meetings to identify their interest and promote selected Gold Nuggets COWIN Marketplace: more than 60 individual and qualified meetings between technology holders and potential partners About 70% of the meetings lead to further discussion Follow-up with COWIN support
2. Actions 2.3 VCs engaged into COWIN Specific support for entrepreneurs 20 start-up companies exploiting FP6/FP7 research projects currently benefit from COWIN support About 20 VCs active in hardware ICT are engaged into COWIN actions Individual support to accelerate the development of young companies They are involved in the COWIN working group set-up to facilitate access to private investment COWIN Investment place in Autumn 2013
People is the key.
Working with aspiring entrepreneurs
3. Results 3.1 Concrete results & Success stories Sales of products developed in the course of FP6/FP7 research projects New contracts and co-development programs signed Setting-up of collaborations with production partners Transfer of IP under discussion Launch of start-up companies New European projects launched with the support of COWIN after validation of the relevance of the business case Best practices disseminated to the research community
3. Results 3.2 Example of success story Bi.flow A microfluidic building block A smart demonstration kit Great competencies and know-how Strong industrial interest Bi.flow Co-development contract signed with a strategic industrial partner Strategic plan under development for the growth of the company
3. Results 3.2 Example of success story Bi.flow cont d A microfluidic building block A smart demonstration kit Great competencies and know-how Bi.flow Strong industrial interest COWIN impact Co development contract signed The with 1st customer a strategic industrial Strategic partner alliance Strategic Growth opportunity plan under development for the for start-up the growth of the company
3. Results 3.3 Example of success story LabOnFoil An integrated platform A smart design An advanced development Strong industrial interest Labonfoil & POC microsolution Joint Venture under negotiation with a strong industrial & strategic partner for production and distribution
3. Results 3.3 Example of success story LabOnFoil cont d An integrated platform A smart design An advanced development Labonfoil & POC microsolution Strong industrial interest COWIN impact Joint Venture under The 1st customer negotiation with a strong industrial The & strategic partner for production Investor and distribution
3. Results 3.4 More concrete results New companies set-up, business plan, business development and seed funding FrecNsys, MACH8, SESMOS, Atlas Neuro engineering, TAB In total more than 20 young companies exploiting FP6/FP7 are beneficing from COWIN support We are working in collaboration with research center to build industrial collaborations and identify startup-isable developments
Conclusion A dynamic ecosystem for innovation + 130 projects entered into COWIN process +500 industrials with interest in Smart Systems About 20 VCs engaged into COWIN activities
COWIN Team www.cowin4u.eu Contact Géraldine ANDRIEUX-GUSTIN COWIN coordinator andrieux@yole.fr
Contacts www.cowin4u.eu Christophe BLANC COWIN Yole Développement blanc@yole.fr +33 6 80 33 98 39
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