“Innovation Scouting” and

“Impact Measurement”

Crucial instruments for a successful SME innovation accellerator

ACTPHAST is an Integrated Project funded by the European Commission under FP7 Grant Agreement N° FP7- 619205.

SMEs are the motor

of Europe’s innovation economy

Optical Datacom Photovoltaics LED Lighting

Lasers in Manufacturing

Machine Vision Medical Optics Optical Components

Displays

PHOTONICS opportunities

to innovate products

in a variety of sectors

ACTPHAST’s

INNOVATION ROADBLOCK REMOVERS

dedicated task forces

with the best EU experts

supported by key

photonics technology platforms

well-organized approach to

provide SME’s with innovation support and services

ACTPHAST’s general support principles

support innovation

driven by business needs

provide support

instead of funding

innovation instrument

dedicated to SMEs

target innovation

close to the market

potential impact

on jobs and growth are key

support

a variety of industry sectors

OUTREACH

QUALIFICATION

AND

SUPPORT

IMPACT

COMPANY INQUIRES

CC POINT INFORMS

TCT APPOINTS SCOUT

SCOUT APPOINTED

SCOUT VISITS

TCT INFORMED Go-NoGo

1 WEEK

2 WEEKS

The role of a SCOUT is to facilitate and enable innovation support of any SME of any size, at any place, any time, in any industry sector

- Discuss the innovation request - Can ACTPHAST really help? - PRL level of novel product - TRL level of the innovation support - Commitment of company - Intellectual Property - Maturity of business plan - Potential impact on growth and jobs

SCOUTING PHASE

SCOUTING PHASE

Personalized interaction of a scout with an SME

enables to select the high potential’s

CAMPAIGNS

LEADS

POTENTIALS

CON-TRACTS

Raise awareness

Generate expressions of

interest

Define innovation projects

Carry out innovation projects

500 EU companies more knowledgeable about the application of

photonics innovation in their product domains as a result of outreach engagement & expert calls/visits

40,000 EU companies more aware of photonics innovation

possibilities as a result of outreach promotional activities

100 high potential innovation projects with EU companies

Key Indicators for Success and Impact

timeliness

of support

advancement in

TRL

projected increase

in company’s revenues

projected increase

In number of jobs

leverage of

EC R&I funding customer

satisfaction

ACTPHAST monitors its impact

on a real time performance dashboard

Potential increase in new revenues and related EU job creation

are ACTPHAST’s Key Performance Indicators

CC POINT INQUIRES

PROPOSAL GRANTED

0-12 WEEKS

8 WEEKS

“Execution phase” and “impact measurement”

CC POINT INQUIRES

PROGRESS REPORT

CONSENSUS REPORT

PERIODIC IMPACT MEASUREMENT

Execution phase

CUSTOMER SATISFACTION

8 WEEKS 8 WEEKS

Measuring customer satisfaction matters It is the ultimate success indicator and allows to fine-tune procedures

KPI Metrics 2014 2015 2016

Total no. of approved & active innovation projects (cum.) 20 44 71

Breakdown by company size:

% Micro Enterprise 45% 39% 41%

% Small Enterprise 45% 45% 43%

% Medium Enterprise 5% 7% 7%

% Large Enterprise 5% 9% 9%

European dimension of the projects

(no. of countries represented)9 12 17

% of non-photonics companies 15% 36% 45%

% first time photonics innovation 5% 16% 25%

% first time EU funded 60% 61% 56%

% new research collaborations 60% 64% 59%

KPI Metrics 2014 2015 2016

Total no. of approved projects (cum.) 20 44 71

Total expected New Revenues 59M€ 167M€ 286M€

Total expected New Venture Capital 800k€ 13M€ 44M€

Total expected New Jobs 77 266 490

Quantitative measuring of your KPI’s allows

to measure your progress, impact, and success

Ask your SME’s for testimonials “one-liners say it all”

“easy to launch, not too much bureaucracy”

“flexible and fast”

“access to real expertise that we could not otherwise access or afford

through normal contacts”

“highly industrial minded, not too deeply into theoretical”

“very professional”

“a wonderful tool to support development of new products in companies”

“helps to minimize risk of SMEs”

“it would have been highly unlikely for us to address this project without

ACTPHAST support”

Share your progress with everybody It will invite new SME’s to innovate

Results after 38 months

• 71 innovation projects across 17 EU countries

• 60% of these companies receive EU support for the first time

• 50% of these companies are non-photonics companies

• 25% of these companies are innovating with photonics for the very first time

• average cost per project is 105k€ of which 45k€ ACTPHAST funding

• R&I expenditure leverage factor is 2,3

• Consistently high satisfaction ratings with an overall average score of 4 out of 5

• 16 of the 71 projects target 40 million € in new venture capital

• 55 of the 71 projects target 300 million € new revenues in the next 5 years

• together the 71 companies expect to create 500 new EU jobs in the next 5 years