business model for the kic

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BUSINESS MODEL FOR THE KIC BENGT STREIJFFERT, LUND UNIVERSITY FOODBEST NETWORK MEETING, APRIL 5 2013

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Page 1: Business Model for the KIC

BUSINESS MODEL FOR THE KICBENGT STREIJFFERT, LUND UNIVERSITY

FOODBEST NETWORK MEETING, APRIL 5 2013

Page 2: Business Model for the KIC

Active KICs

3 KICs are active since 2010:- Climate KIC on climate change

mitigation and adaptation- EIT ICT Labs on future innovation and

communication technology- KIC InnoEnergy on sustainable energy

All with good results!

Page 3: Business Model for the KIC

Partnership and organisation

• All KICs:– are organised into Co-Location Centres (CLCs), i.e.

geographical locations involving universities, research centres, companies, other support organisations (e.g. innovation parks, VCs, etc.)

– have different ‘levels’ of partners (i.e. core partners, affiliate/associate partners), and built over time a partnership policy

– have a CEO, a director for each CLC, executives overseeing the activities on the 3 axes of the innovation triangle

Page 4: Business Model for the KIC

KIC complementary activities (KCA)

KIC added value activities (KAVA)

EIT funding (25%)

Co-funding Complementary funding

Non-EIT funding (75%)

KIC Budget

activ

ities

fund

ing

KIC activities

KIC Funding

Page 5: Business Model for the KIC

Key Activities

Education Research & Innovation

BusinessInnovationradar

Innovation and development projects

Creating a new breed of

entrepreneurs

Enabling excellent individuals

and multidisciplinary teams to develop breakthrough

ideas

Supporting innovators all the way to the market

Elementary and higher education programs

Valorisation and business development support

Product and business development camps

High potentials` think tank 2030/ advanced research camp/…

University & industry crossover programs

Page 6: Business Model for the KIC

Good advice from active KICs

“It is very complicated and often heavy to run a KIC with six nodes, members with varying status and a mix of companies, universities and NGOs in up to ten countries with different traditions.”

ThereforeKeep (what you can)

simple

Page 7: Business Model for the KIC

Legal status

• European association• Possibly six associated nodes/regions• Node/region includes all members within the

node• Co-Location Centre is a geographical address

within the node

”Keep it simple”

Page 8: Business Model for the KIC

Membership

• Core members • Affiliate members• Project members?

”Keep it simple”

Page 9: Business Model for the KIC

TRUST

”Keep it simple”