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27/09/2005 , 1

FINNISH INNOVATION SYSTEM

UNIVERSITIESSCIENCE PARKS

CENTER OF EXPERTISE PROGRAMMENEW BUSINESS INCUBATION

September 2005

N Tapani SaarinenVP Business Development

27/09/2005 , 2

FINLANDPopulation 5.2 Millurban 69 %

338.000 km2

(10% water and 68% forest)

GDP 2002 USD ˜128 billion

27/09/2005 , 3

Turku Region 2003Inhabitants 290 000Jobs 130 000Companies 14 000

27/09/2005 , 4

TO CONVERT THE KNOWLEDGE AND EXPERTISE INTO ACTION, PRODUCTION AND INVESTMENTS

FACTS, FIGURES AND STATISTICS

BACKGROUND – THE UNIVERSITIES

R & D AND LIFE SCIENCES

SCIENCE PARKS

TEKES

TURKU SCIENCE PARK

CENTERS OF EXPERTISE

NEW BUSINESS INCUBATION

SUMMARY

FINLANDS MISSION

27/09/2005 , 5

20 Universities

Students163 000, of which new students19 000

Qualifications/year 10 000

Personnel 12 000

FINNISH UNIVERSITIES

(+ 30 Polytechnics with120 000 Students )

32% OF THE POPULATION HAVE AN ACADEMIC DEGREE

27/09/2005 , 6

Public educational expenses

0 1 2 3 4 5 6 7 8 9 10

HungaryJapan

LuxembourgGreece

SlovakiaCzechiaIreland

SpainGreat Britain

GermanyItaly

NetherlandsUSA

EUEstonia

LatviaPolandFranceAustria

PortugalLithuania

BelgiumFinlandCyprusSweden

Denmark

%

DM 36054 and 3806510-2004 Copyright ©Tekes

Percent of GDP

Source: OECD, Eurostat 2001

27/09/2005 , 7

NORDIC COUNTRIES ARE BEST TO HUNT STUDENTS AND DEGREESNORDIC COUNTRIES ARE BEST TO HUNT STUDENTS AND DEGREES

Strigiformes/Strigidae ,

Strix nebulosa

Lappuggla

Great Grey Owl

27/09/2005 , 8

0,5

1,0

1,5

2,0

2,5

3,0

3,5

4,0

4,5

5,0

90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

OECD

Est.

R&D input in some OECD countries

Sources: OECD, Main Science and Technology Indicators and Statistics Finland.

USA

Japan

Denmark

Sweden

Canada

France

Singapore

FINLAND

Germany

Israel

IcelandSouth Korea

Austria

China

Norway

Percentage of GDP

Great Britain

5.0

4.5

4.0

3.5

3.0

2.5

2.0

1.5

1.0

0.5

DM 36109, 36054 and 3806505-2005 Copyright ©Tekes

27/09/2005 , 9

0,0

0,5

1,0

1,5

2,0

2,5

3,0

3,5

4,0

4,5

5,0

1985 1987 1989 1991 1993 1995 1997 1998 1999 2000 2001 2002 2003 2004

Source: Statistics Finland

R&D in Finland


Billion euros

5.0

4.5

4.0

3.5

3.0

2.5

2.0

1.5

1.0

0.5

0.0

2.2

3.9

4.4

2.9

4.64.8

3.4

5.0

0.91.1

1.51.7 1.8

EnterprisesUniversitiesOther public research

Prel.

5.0

27/09/2005 , 10

0,0

0,5

1,0

1,5

2,0

2,5

3,0

3,5

1995 1996 1997 1998 1999 2000 2001

Sources: Statistics Finland, Etla: Nokia. A Big Company in a Small Country.

Corporate R&D spending in Finlandand the estimated share of Nokia

DM 3806504-2003 Copyright ©Tekes

Nokia

Other companies

3.5

3.0

2.5

2.0

1.5

1.0

0.5

0.0

Billion euros

27/09/2005 , 11

0 50 100 150 200 250 300 350 400 450

IrelandIceland

Great Britain

NorwayFrance

USAEU

Japan

AustriaDenmark

NetherlandsGermany

Finland

SwedenSwitzerland

Patents in Europe and in the United StatesPatents and applications for patents per million inhabitants

in 2002

Source: EU, Science, Technology and Innovation - Key Figures 2003-2004

DM 36052, 3806508-2004 Copyright ©Tekes

27/09/2005 , 12

Competitiveness by country

13579

1113151719212325272931

Sources: The World Competitiveness Yearbook and Tekes

1997 1998 1999 2000 2001 2002

USAFINLANDLuxembourgNetherlandsSingaporeDenmarkSwitzerlandCanadaHong KongIrelandSwedenGermanyNorwayFrance

Japan

Finland number one 2003 (Source : World Economic Forum)

27/09/2005 , 13

Index of innovation

4,0 4,5 5,0 5,5 6,0 6,5Sources: WEF Global Competitiveness Report and Tekes

Canada

USA

Taiwan

FINLAND

Australia

Korea

Norway

Belgium

Sweden

New Zealand

Great Britain

France

Germany

Holland

Denmark

Austria

Japan

27/09/2005 , 14

GROWTH OF ECONOMY IN FINLAND

IS FASTER THAN AVERAGE IN EU

FINNISH BEETLE

27/09/2005 , 15

Tekes

Sitra

Key actors of the Finnish innovation system

Finnish IndustryInvestment Ltd

Business AngelsInvestors

Companies

Research institutes

Universities

Academy of Finland

The Science andTechnology Policy

Council

Ministry of Education

AssociationsInventions

Private investmentsin innovation

Technology Centres

Centres of Expertise

Polytechnics

Regional TE-Centres

Regional Councils

Finnvera

FinproEU structural fundsfor innovation

Ministry of Trade and IndustryOther ministries

Investments in different sectorslike environment, health and traffic

National public investment ininnovation and know-how

Key actorsof the Finnishinnovation system

Key actorsof the Finnishinnovation system

Invest in Finland

Source: Tekes

27/09/2005 , 16

THE 4 PHASES OF UNIVERSITY DEVELOPMENT ( WALSH ; 1990, SAARINEN 1994, 2004)

PRINCIPAL INFLUENECES PRIME FUNCTIONS AND OUTCOMES ON THE UNIVERSITIES

CHURCH EDUCATION PRIESTS, MED DOCTORS, LAWYERS (Alma Mater Bologna ca.1170-1300)

CHURCH AND STATE EDUCATION PRIESTS, MED DOCTORS, LAWYERS (ca.1300-1830) CIVIL CERVANTS

STATE EDUCATION CIVIL CERVANTS, PROFESSIONALS(ca. 1830-1980) RESEARCH PURE AND APPLIED

The era of traditional industrialism, continuous growth, large scale

ENTERPRISES, STATE EDUCATION KEY MANPOWER(ca. 1980-) RESEARCH PURE AND APPLIED, GOOD AND BAD

The era of information technology, virtual organisations, smaller scale

INNOVATION BROKERS ? UTILISATION? GLOBAL KEY MANPOWER OF RESEARCH? START UPS ???

and 5th

27/09/2005 , 17

AgropolisCarelian Science ParkCulminatumFinn-Medi ResearchFoodwestHelsinki Business & Science ParkHämeenlinna TechnologyCentreJyv äskyl ä Science ParkKajaani Science ParkKetekKuopio TechnologyCentre TekniaMedia TampereNeopoliOtaniemi Science ParkPrizzTechSeinäjoki TechnologyCentreTampere TechnologyCentreTechnopolisTechVillaTechnologyCentre KareltekTechnologyCentre MerinovaTurku Science Park

OPERATIVE COMPANIES

22 technology andscience parks

550 employees100 M€ turnover

SCIENCE PARKS

1 600 enterprises and organizations

32 000 experts1 000 000 m2

FINNISH SCIENCE PARKS

WWW.TEKEL.FI

27/09/2005 , 18

MISSION OF SCIENCE PARKS

© N.T. Saarinen Turku Science Park Jan.2003

* ENHANCE INDUSTRIAL PROFILE* BUILD THE IMAGE OF THE REGIONAL ECONOMY* IMPORTANT ROLE IN INNOVATION AND INDUSTRIAL RENEVAL* SUPPORT THE FORMATION OF BUSINESSES* NURTURE ENTREPRENEURSHIP* INTERMEDIATES BETWEEN ACADEMIA AND INDUSTRY* CATALYST FOR THE COMMERCIALISATION OF RESEARCH RESULTS* TRANSFORMER OF IDEAS INTO NEW PRODUCTS AND PROCESSES

Patrick Dubarle; OECD Territorial Development Service; Quebec 2002

27/09/2005 , 19

TECHNOLOGY PROFILES

n Information and communicationsn Healthcare and medicaln Environmentaln Electronics , optoelectronicsn Bio, pharmaceuticalsn Digital media, content productionn Food n Materialsn Energyn Logisticsn Measurementn Metal, machine and tooln Automation, lifting and movingn Chemical and plasticn Laser, opticsn Forestry and woodn Paper manufacturingn Nano

27/09/2005 , 20

BENEFITS FOR CLIENT COMPANIES

n Incubator services for start-upsn Training and consultancy:

Establishing an enterpriseBusiness expertiseCommunications & Marketing

IPR, legal servicesInternational expansion

n Development programmes & networksn Domestic and international contacts

n High-quality business premisesn Business and personal services

TEKEL 13.6.2005

TEKEL

Seinäjoki

TEKEL

TEKEL

Biovian / Turku

27/09/2005 , 21

PROGRESS

1982 First Finnish science park1985 Premises for enterprises

near universities, incubators1988> Finnish Science Park

Association TEKEL1990 Commercialising research-based

business ideas1994 > Centre of Expertise Programme1995 > Developing regional clusters,

specialized services2000 > Internationalisation

TEKEL 13.6.2005

Kuopio

Kuopio

Joensuu

Kuopio

Kuopio

Seinäjoki

Prodetec / Jyvaskyla

TEKEL

Jurilab / Teknia

Prodetec / Jyväskylä

Seinäjoki

27/09/2005 , 22

PROGRAMMES & NETWORKS

StickTech / Turku Science Park TEKEL 13.6.2005

n Centre of ExpertiseProgramme (CoE) gathers experts in joint R&D projects

n Research into Business Programme (TULI) identifies research resultsthat can be commercialised

n Network of InnovationRelay Centres (IRC) assistsin international technologytransfer projects

27/09/2005 , 23

www.tekel.fi

27/09/2005 , 24

1979 Founding of National technology committee

1982 Council of State resolution on technologypolicy

1983 Founding of Tekes

1984 Commencement of Technology programmes

1985 Starting of EUREKA

1986 OECD assessment of Finland's science and technology policy

1986 EU framework agreement on research cooperation

1990 Report of the technology programme committee

1991 Finland becomes a member of CERN

1992 Finland is designated the chair country for EUREKA

1992 Founding of Finnish Secretariat for EU R&D

Milestones of the Finnish technology policy

27/09/2005 , 25

1993 Ministryof Trade and Industry: National industrial strategy

1994 EEA agreement intensifiedresearch cooperation with the EU

1995 Finland becomes a member of the EU and ESA, the European Space Agency

1995 Funding of energy technology transferredto Tekes from Ministryof Trade and Industry

1996 Government decision to increase R&D funding

1997 Founding of Employment and Economic Development Centres

1999 Finland's R&D funding over 3% of GDP

1999 Finnish Presidency of the EU

2002 Preparation of the European Research Area

Milestones of the Finnish technology policy

27/09/2005 , 26

Tekes’ mission statement

Tekes’ primary objective is to promote thecompetitiveness of Finnish industry and

the service sector by technological means.Activities aim to diversify production structures,increase production and exports, and create a foundation for employment and societal well-

being.


27/09/2005 , 27

The Tekes strategy

Mission statement, vision, values

Actions and goals


Core activitiesl Core processes

Policiesl Focus areas

l Funding principles

l Principles of humanresource management

l Other policies

Strategy

Objectivesl Targeted economic and societal impact

27/09/2005 , 28

Four stages of competitiveness in a country

PROGRESS

Sources: ETLA, Ylä-Anttila, Pekka (4/2001) ja Porter, Michael E. (1991).DM 38065

04-2002 Copyright ©Tekes

Concentrationon production

factors

Concentrationon

prosperity

Concentrationon

innovation

Concentration on

investment

DECLINE

27/09/2005 , 29

Personnel in industry andknowledge intensive services

Personnel, 1,000 persons

0

50

100

150

200

250

300

350

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

Otherindustry

Knowledgeintensiveservices

High tech andmid-techindustry

Knowledgeintensive serviceswithout educational,health and socialservices

Source: Statistics Finland

R&D investments in the high tech and mid-technology sectors are at least 2 per cent, in otherindustries less than 2 per cent of turnover. Know-how intensive services include banking and

insurance services, postal services and telecommunications, leas ing of equipment,R&D, other business services and education, health and social services.

DM 36095, 3806508-2004 Copyright ©Tekes

27/09/2005 , 30

Turnover in industry andknowledge intensive services

Turnover, billion eurosOtherindustry

Knowledgeintensiveservices

High tech andmid-techindustry

Source: Statistics FinlandDM 36095, 38065


0

10

20

30

40

50

60

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

Knowledgeintensive serviceswithout educational,health and socialservices

R&D investments in the high tech and mid-technology sectors are at least 2 per cent, in otherindustries less than 2 per cent of turnover. Know-how intensive services include banking and

insurance services, postal services and telecommunications, leas ing of equipment,R&D, other business services and education, health and social services.

27/09/2005 , 31

GDP and the Well-being Index

0,000

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,0 52,5 55,0 57,5 60,0 62,5 65,0

GDP per capita in 1999, (corrected for purchasing power)US dollars

FINLAND

Luxembourg

USA

DenmarkGermany

Norway

Sweden

Iceland

Austria

SwitzerlandCanada

Sources: Robert Prescott-Allen (2001): The Wellbeing of Nations: A Country- by-CountryIndex of Quality of Life and the Environment; Human Development Report 2001.

The United Nations Development Program.

50.0 52.5 55.0 57.5 60.0 62.5 65.0WI=Well-being Index


27/09/2005 , 32

Industry and knowledge-intensive servicesIndustry and knowledge-intensive services

New companies

Low andlow average

Knowledge-intensive services

High and high average

Source: Statistics FinlandDM 90614 and 38065


R&D investments in the high tech and mid-technology sectors are at least 2 per cent, in otherindustries less than 2 per cent of turnover. Know-how intensive services include postal servicesand telecommunications, leasing of equipment, R&D, other business services and education,

health and social services.

0,000

1,000

2,000

3,000

4,000

5,000

6,000

7,000

1999 2000 2001 2002 20030

27/09/2005 , 33

SMEs participating in innovation cooperation

%

DM 58774, 36054, 36109 and 3806503-2005 Copyright ©Tekes

0 5 10 15 20 25

SpainItaly

GreecePortugal

EUGreat Britain

AustriaGermany

FranceNetherlands

BelgiumEstoniaIcelandNorwaySweden

DenmarkFinland

Source: European Innovation Scoreboard 2004

27/09/2005 , 34

Based on information at Statistics Finland about inflation (1983-2004)and the forecast of ETLA concerning inflation (2005).

The funding includes the funding for programme coordinationand the national part of the EU Structural Funds.

Development of Tekes R&D funding


Million euros

0

50

100

150

200

250

300

350

400

450

83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05

Nominalfunding

Realfundingdeflated bythe market-price-indexof GDP

27/09/2005 , 35

Budgeted funding for the Academy of Finland

Million euros

Source: Academy of Finland.

International membershipsYields from the pools Research appropriations


0

20

40

60

80

100

120

140

160

180

95 96 97 98 99 00 01 02 03 04

27/09/2005 , 36

Budgeted research funding of national research institutes

Source: Statistics FinlandDM 38065


Million euros

0

25

50

75

100

125

150

175

200

225

250

1993 95 96 97 98 99 00 01 02 03 04

27/09/2005 , 37

0

200

400

600

800

1000

1200

1400

1600

1800

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

1,800

1,600

1,400

1,200

1,000

800

600

400

200

0

Funding of universities

Source: Ministry of Education, KOTA database

Funding from external sourcesBudgeted funding


Million euros

27/09/2005 , 38

Venture capital investments in Finland

Source: Finnish Venture Capital Association.Covers investments made by members of the association.


0

50

100

150

200

250

300

350

400

450

0

50

100

150

200

250

300

350

400

450

91 92 93 94 95 96 97 98 99 00 01 02 03

Million euros Number

27/09/2005 , 39

0

250

500

750

1 000

1 250

1 500

1 750

2 000

2 250

2 500

2 750

3 000

3 250

1996 1997 1998 1999 2000 2001 2002 2003

Venture capital funds in Finland

Million euros


Funds to administer Accumulated new funds

Source: Finnish Venture Capital Association.Covers investments made by members of the association.

27/09/2005 , 40

Technology focus areas

Biotechnology

l Innovative nanostructured materialsl New structures for nanoelectronicsl Nanosensors and actuators

l Mobilityl Broadband communications

l Software-intensive products and systemsl Knowledge and content managementl Test environments for new applications

and services

DM 12986305-2005 Copyright ©

Tekes

Materials technologyl Interdependencies between

properties, structures and productionl Surface phenomenal Materials design

Nanotechnology

l Systems biologyl Bioprocess technologyl Combining biosciences

with ICT

ICT

l Innovation activitiesl Business renewall Growth companies and

internationalisation

l Customer-oriented approachl Managing a networked businessl Knowledge managementl Service business

Business competence and business development

27/09/2005 , 41

To utilise top level knowledge and expertise as a resource

for business operations, job creation and regional development

CENTRES OF EXPERTISE PROGRAM IN FINLAND

27/09/2005 , 42

Network in Finland of:


UniversityRegional university unit

PolytechnicPolytechnic regional unit

VTT, Technical ResearchCentre of Finland or otherpublic research instituteRegional unit of public sector research institute

Technology centre

Universities, Polytechnics

Public research institutes

Technology centres

27/09/2005 , 43

Competitiveness by region

Index of competitivenessWhole country = 100

100 - 134 (10)90 - 100 (13)80 - 90 (23)70 - 80 (20)59 - 70 (19)

Competitiveness clearly correlatesearnings growth, growth inemployment, net migration andeconomic development.

A large part of the competitivenessis explained by human capital,innovation and R&D investment.


Source: Huovari, Janne - Kangasharju, Aki - Alanen, Aku. 2001. Alueiden kilpailukyky.Pellervo Economic Research Institute PTT, Publication 176.

27/09/2005 , 44

CoE for Western Finland•Energytechnology

Oulu Region CoE•IT, Medical-, Bio- and Environmental Technology

Tampere Region CoE•Engineering and automation , ICT, Media Services and Health Care Tech

South-West Finland CoE•Biomaterilas, Diagnostics, Pharmaceutical Development, SurfaceTech . of Materials, ICT and CulturalContent Production

Helsinki Region CoE•Active Materials and Microsystems, Gene Technology, Software Product Business, Digital Media, e-Learning and Cultural Industry, Health Care Technologyand Logistics

South-East Finland CoE•High Tech Metal Structures, Prosessand Systems for Forest Industry, Logistics and Expertise on Russia

Kuopio Region CoE•Pharmaceutical Development, Health Care- and Agrobiotechnology

Jyväskylä Region CoE•IT, Control of Papermaking, Energyand Environmental Technology

Lapland CoEfor the Experience Industry•Experience Industry

Satakunta CoE•Materials and Distance Technology

Lahti Region CoE•Design, Quality and Ecology

Kainuu CoE•Measuring Technique and•Chamber Music

Seinäjoki Region CoE•Foodindustry and Embedded Syst.

North Carelia CoE•Wood Technologyand Forestry, Polymer Technology and Tooling

Network CoEfor Wood Products

Network CoEfor Food Development

Kokkola Region CoE•Chemistry

Hyvinkää Region CoE•Lifting and Transfer Machines

Häme CoE•Vocational Expertise and e-Learning

Mikkeli Region CoE•Composite and coatings

Network CoEfor Turism

Raahe –Nivala –Tornio CoE•Metal and Maintenance Services

1994-1998

1999-2002

2003-2006

Network

Regional

Centresof Expertise 1994-2006

27/09/2005 , 45

Finnish Science Parks in 1980 – 2000 and CoE concept

University Company

in 1980’s

Companies

Universities

Science Park

in early1990’s

Companies

Science Park

Centre of Expertise ProgrammeUniversities

Polytechnics

in late 1990’s and 2000’s

27/09/2005 , 46

NATIONAL CO-ORDINATION

Ministryof the Interior

Cities

Regions

Universities

Ministry ofEducation

Companies

Experts

FISPACOMPANIES

Ministryof Social Affairs and

Health

MinistryofAgriculture and

Forestry

Ministryof Tradeand Industry

MinistryofLabour

COE PROGRAMME

Committee for the Centre of Expertise Programme

27/09/2005 , 47

Government’s catalytic basicfunding 1999-2002

Total projectfunding: 330 millioneuros

Basic funding: 20 million euros

27/09/2005 , 48

Mobilizing resources (2001)

Direct project impact (1999-2002)

Concluded Under way TotalNew high-skill jobs 5700 1400 7100

Jobs maintained 5100 3900 9000New high-tech businesses 316 182 498New innovations (products , concepts ) 1400 400 1800Number of people trained 28000 11640 40000

Number of projects 903 359 1262Total funding of projects (Meur) 149 180 328State basic funding (Meur) 20

Strategic Advisory Boards (Number of organisations ) 430Top experts in command groups (Operational charge) 1100

Attended in implementation: Companies 3075

R&D –units 460

Other units 480

ACTIVITY AND IMPACT

27/09/2005 , 49

27/09/2005 , 50

Turku Science Park –organization

Turku Science Park LtdDevelopment, strategy, marketing and finance

of Turku Science Park

Turku Bio Valley LtdDevelopment of biotech activities in Turku region

ICT Turku LtdDevelopment of information and

communication technology

27/09/2005 , 51

Strong platform for high-tech

• three universities• two polytechnics• university hospital

• 13 500 employees• 25 000 students• 400 professors• 300 companies and organisations• over 210 000 m2 of premises

27/09/2005 , 52

To promote businesses based on localuniversity knowlegde

Mission

Regional development company and neutralintermediate between research, business

and the public sector

Role

1. External R&D funding, VC and investments to focal areas

2. Number of emloyees in focal areas3. The city´s and region´s image as a

centre for high-tech

Strategic goals

Focus on biotechnology and ICT; samemethods and procedures apllied also to other

business areas

Physical cover: City of Turku, Turku Regionand SW Finland, but success requirescooperation also at the national and

international levels

Operative coverage

Accelerating innovative growth

27/09/2005 , 53

Drug development

Diagnostics

Biomaterials

Functional foods

Software and services

Mobile and telecom

Elektronics and devices

Content production

Material´s surface technogy

Culture production

Tourism network

Food network

Focal areas bio and ICT, but our scope is broader

27/09/2005 , 54

Five building blocks

Business development and technology transfer

Development of the focal areas

Marketing and communications

Development of the infrastructure and services

Facilities

27/09/2005 , 55

Turku Science Park Business Incubation

Management and development of business incubationTULI-programLIKSA-finance

(Turku Science Park Ltd)

DIO Business Centre

(ICT Turku Ltd)

Bio Incubator

(Turku Bio Valley Ltd)

27/09/2005 , 56

TurkuScience Park Business Incubator processes § with the entrepreneur § technology or highskill based business ideas with growth

potential § to profitable business § by developing the business processes of the company § by offering finance and development services and premises § in the dynamic and innovative business and research

community

The concept of business incubation

27/09/2005 , 57

Incubation team

Olli Mankonen

Department Manager

Tapio Hurme

Business Development

Biotech

Juha Achrén

Business Development

ICT

Johanna Reiman

Project Manager

TULI-programme

27/09/2005 , 58

Results

§ nearly 150 startups 1989-2005§ success rate 85-90 %§ nearly 800 new jobs§ at the moment about 30 ventures in the

incubators

27/09/2005 , 59

§ TE Centre (Employment and Economic Development Centre)

§ National Technology Agency of Finland (Tekes)

§ TAD Centre ja City of Turku§ Finnvera Plc

Background organizations

27/09/2005 , 60

§ acceptable business planpossibilities to reach profitable business

§ start-up phase§ line of business§ growth and development potential

Selection Criteria

27/09/2005 , 61

§ information technology§ biotechnology§ other lines of technology

Lines of business

27/09/2005 , 62

Pre-incubation

Idea evaluation

Finance negotiations

Selection and finance decisions

Incubation period (1-3 years)

Incubation Process

TULI, LIKSA

Exit

CONSULTING, EDUCATION, LIKSA etc.

27/09/2005 , 63

§ TULI-finance (”from research to business”)§ LIKSA-finance to prepare business plan for

investors§ expert services and education§ office and lab space§ clerical services§ networking§ connections to financiers, universities,

consultants etc.§ financial support

Services

27/09/2005 , 64

§ counselling and follow-up by the incubatorstrategyfinancemarketing

etc.

§ extraneous specialists when needed

Expert services

27/09/2005 , 65

§ education can be organized when demanded and financed, e.g.

Technology entrepreneurship –course

Venture Cup –business plan competitionmarketing and sales short seminars

§ other education organized in the area are also available

Education

27/09/2005 , 66

Co-operation and networking

§ financiers: venture capitalists, Finnvera, National Technology Agency of Finland, Foundation for Finnish Inventions etc.§ universities§ specialists: business consultants, patent offices,

lawyers, accountants, training organizations etc.§ technology transfer

27/09/2005 , 67

§ 36 office rooms (10-70 m2)§ conference room§ coffee room§ kitchen§ total 1.835 m2, for rent to companies

1.370 m2

DIO Business Centre facilities (ElectroCity 4. floor)

27/09/2005 , 68

§ telephone central§ secretary§ copying machine§ fax§ internet connections

DIO Business Centre office services

27/09/2005 , 69

27/09/2005 , 70

§ rent 8,00-8,40 € / m2 + VAT§ office service fee 133-167 € / month + VAT§ incubation fee 4.500 € + VAT (single

payment) § Technology entrepreneurship -course 500 €

(private persons 300 €)§ other services according to price list

Prices (DIO Business Centre)

27/09/2005 , 71

Bio Incubator facilities(PharmaCity 4. floor)

§ 13 laboratory rooms (25-50 m2)§ 19 office rooms (app. 13 m2)§ 2 conference rooms§ joint laboratory, equipment service room,

weighing machine room§ coffee room§ kitchen§ total 1.410 m2, for rent to companies 800 m2

27/09/2005 , 72

Bio Incubator services

§ telephone central§ secretary§ copying machine§ fax§ internet connections§ equipment services

27/09/2005 , 73

Prices (Bio Incubator)

§ rent / laboratory 28 € / m2 + VAT§ rent / office 18,50 € / m2 + VAT§ office service fee 200 € / month + VAT§ incubation fee 4.500 € +VAT (single payment)§ Technology entrepreneurship -course 500 €

(private persons 300 €)

27/09/2005 , 74

§ rents§ office services and expert services§ salaries (also entrepreneur´s calculated

salaries)§ maximum support is 45 % of the costs § supported period is 12 months

Incubation grants

27/09/2005 , 75

§ Turku Science Park Ltd§ Olli Mankonen§ address: Tykistökatu 4 D, 20520 Turku§ tel.: (02) 410 1701§ fax: (02) 410 1710§ e-mail:[email protected]§ internet: www.turkusciencepark.com

Contacts

27/09/2005 , 76

(IASP, QUEBEC 2002)

GO DOWNTOWN(URBAN KNOWLEDGE PARKS –LEARNING VILLAGES)

SCIENCE AND SERVICES(CLUSTERING AND NETWORKING SERVICES)

EARLY BIRDS(TARGETED EARLY STAGE FINANCING –PRE SEED POSSIBILITIES IN RESEARCH RESULTS)

WHERE TO WORK(CREATIVE CLASS LIFESTYLE)

NEW TRENDS OF SCIENCE PARKS

TTTT by Richard Florida

27/09/2005 , 77

The right answerer by

Gertrud Stein

“WHAT IS THE RIGHT ANSWERER ?”- no response –

“IN THAT CASE – WHAT IS THE RIGHT QUESTION ?”

TURKU – ICT AND LIFE SCIENCES

27/09/2005 , 78

SOUTHWEST FINLAND – LIFE AND SCIENCES

THANK YOU FOR YOUR ATTENTION

27/09/2005 , 79

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