presentation start your r&d business in austria attendants ... · slide16 early stage •...

[www.ostina.org]

Start your R&D Business in Austria

Workshop & Dinner Reception

April 2011

Washington Chicago Pittsburgh

Invest in an Industrialized Country

Source: OECD, Eurostat

Production sectors as percentage of GDP, 2009

w w w . o s t i n a . o r g

Profit from Highly Productive Employees

Source: World Competitiveness Yearbook 2010

Productivity and efficiency, maximum = 100


Business-oriented training for your sustainable corporate success

! Dual educational system ! Vocational schools (e.g. HAK, HTL)

! Academies of applied sciences ! Foreign language competencies ! Largest University of Economics in the

EU


Austria‘s R&D expenditures grow above average

Germany Austria

EU-27 (25)

Source: Eurostat

* Forecast 2010

2,76 *

As percentage of GDP


R&D share of GDP


Innovation Union Scoreboard 2010

Source: Innovation Union Scoreboard 2010, Eurostat, data for 2009


!"#$%##&'

()*+

&,+-').'/0#

'1)2

34+5''

64"75'%/4-#' 84/#"'%/4-#'

94:,;'<#:#4";0'' =+;*>4/)"' %##&' %/4"/$?3' (,":/'%/4-#' %#;)+&'%/4-#'' @0,"&'%/4-#' =!A''

Inno-Check

A&B Center Instruments

Feasibility Study Start Up Initiative

CallslikeEnergy 2020

PreSeed SeedFinancing

Double Equity

Guarantee Instruments

Grant

Grant

Grant

Grant

Grant

Direct (soft) loans

Direct (soft) loans

Guarantees

Guarantees


date employment / function achievement

2010 Founder introduced new technology identified market; ! 200,000

2009 Hightech Incubator Tech2b, Linz + AWS Pre-Seed

raised 2 x ! 100,000

Feb. 2008 - Borealis, Linz Project Manager Asset & Innovation Projects

Sept.2007 Norner, Norway Biological oxidation of methane to methanol

2004 – 2007 Borealis, Norway Inventor ”Borstar by Benchscale” Innovation King of 2005

2002 – 2004 University of California, Berkeley, USA Postdoc, Schroedinger Fellow

carbon hydrogen activation

2002 University of Innsbruck PhD Chemistry, 5 patents (with BASF)

July 18, 1974 Birth Place - Salzburg

Alexander Krajete, PhD


Idea – Undiscovered Opportunity ! Methanogenesis

Metabolism of ”Kingdom of Archaea” (1977) Extremophiles (deep sea ocean, volcanos) origin of life, 4 billion years old specialized in CO2 and H2

“The highest theoretical conversion includes 69 tons CO2 and 12.5 tons H2

per hour in only 100 m3.” Archaea are fast !

CO2 + 4 H2 ! CH4 + 2 H2O - 130 kJ/mol carbon hydrogen methane water

dioxide

Methanogenesis: mild, selective & robust

!Missing process is undiscovered opportunity!


Evolution of an Idea ... 2007 April Idea (!!!) / Porsgrunn, Norway

May – December unsuccessful attempts to raise funding

2008 February back to Austria

February – April unsuccessful attempts to raise funding

October contact to Tech2b

2009 January ! 100,000; Tech2b

March - April engineering partner, VTU

May - July basic engineering

July ! 100,000; AWS

July - September negotiations TU Vienna

October start process development TU Vienna

November transfer microorganisms

December first results

Linz

Wien

Porsgrunn


3 Years - 2 Years 0 = Company Formation

Up to 2-3 Years – Market Entry


Austrian Promotion Bank

Pre-Seed

•  Definition phase

•  Technical feasibility on a laboratory level

•  Market and IP check

•  Up to ! 200,000 grant

Seed Financing

•  Start-Up company

•  Technology on a prototype level

•  First steps into the market

•  Soft loan of up to ! 1 Mio.

Double Equity

•  BA or VC Investment

•  Product ready to sell

•  Market development

•  100% guarantee for a bancarian loan


Early Stage

•  Bridge

•  Innovation check

•  Feasibility study

Start-Up

FFG Start-Up Initiative

•  Project volume up to 2 Mio.

•  FFG contribution up to 70%

•  50% loan •  20% grant

•  Start of payback after 5 years

•  Open to all technological fields

Specific Calls

Actual Calls:

•  ENERGY 2020

•  Up to 80% grant

•  NANO •  Up to 60% grant

•  FIT - IT

•  Up to 100%


The start-up package for your successful business 1. Professional coaching, expert finance feedback 2. Coaching during establishment and development of your business 3. Education and training in business-relevant special areas 4. Coaching during the elaboration of a business model 5. Installation of a technical-commercial advisory board

Financial support: interest-free, comprehensive, optimal 1. Interest-free founder loan (! 1,500 / month / person) 2. Optimal payback conditions 3. Subsidies for material, outsourced R&D services, operating expenses for

the production of the prototype and connected costs 4. Active support for the continued financing of your business


Infrastructure: office, technical facilities, research 1. Modern office workplace 2. Technical infrastructure (mechatronic offices in the techCenter Linz & Workshop (techlab) 3. Research infrastructure and laboratories at universities and university colleges 4. Founders library, software tools (CAD …)

Network: experts, mentors, investors 1. Completion of the management team by start-up partners, business mentors, experts (finance, controlling, sales, …) 2. Support in contacting business angels, funding authorities, venture capital etc.


Incubator in Russia

•  Penza Tomsk •  NizhnyjNovgorod •  Khanty-Mansiysk •  Moscow •  Tomsk •  Samara •  St. Petersburg •  Orenburg •  Leninogorsk

Incubator in Serbia

•  Subotica •  Senta •  Novi Sad •  Zrenjanin

A&B Co-Operation Network w w w . o s t i n a . o r g

Cutting Edge Technology – From Idea to Implementation & Application

Lab Reactor, TU Vienna Pilot Reactor, TU Vienna 1.5 kW, 10 L 0.15 kW, 1 L

Out:

Methane

w w w . o s t i n a . o r g w w w . o s t i n a . o r g

In:

CO2, H2

Competitive Advantage - Speed


Fuel (0.1 kg/m3 x h)

CO2

Bypass = Speed (15 – 100 kg Fuel/m3 x h) Pilot Reactor

4 th Generation Biofuels

SLOW

FAST

Patents 1. Process / Methanogenesis 2. Process for Power Storage

Business Model & Products


Products 1, 2, 5, 6: Demonstration Plants (2010 – 2012) larger scale (200 L – 1000 L) process integration preparation for commercial roll out

Products 1 - 6:

Integrated Plants + Licensing + Royalties (2013 – 2030) community applications (power + fuel)

household applications (power + fuel)

R&D Patents (IPR)

Reactor Design Product 1 = Engineering

Reactor Installation Product 2 = Reactor Product 3 = License Product 4 = Royalty

After Sales Product 5 = Spare Parts Product 6 = Biology

Full Technology Provider for Biological Power Storage as Natural Gas

power hydrogen

(3 kWh/m3) natural gas (10 kWh/m3)

Entrepreneurship – A Journey 2007 April Idea, Porsgrunn, Norway

2008 October contact to Tech2b

2009 January ! 100,000; Tech2b (50% grant)

July ! 100,000; AWS (100% grant)

October Start Process Development at TU Vienna, Austria

2010 February PhD 1, reactor 1, 100 mmol/l x h, 70% methane

March PhD 2, reactor 2 + 86% methane

September process stability over 1,000 hours, conference presentation

April - October Business Development with Tech2b (Italy, Austria, Germany, Russia)

December ! 200,000; FFG (80% grant)

2011 January 700 mmol/l x h, WFES Abu Dhabi

February IPR protection, California Roadshow

April East Coast, USA, investor discussions – pilot plant

Linz

Vienna

Porsgrunn


Tech2b, AWS, FFG – Pillars of Business R&D

! 200,000 FFG, 12/2010

! 100,000 AWS, 7/2009

! 100,000 Tech2b, 1/2009


Angel Investment Club Austria

•  Venture and Business Angel Lounge 4-5 times per year

•  Preparation of the teams by: •  Optimizing presentation for investors •  Definition of businesscase and preparing for FAQ •  Pitch training

•  AICO Lounge: •  Presentation of selected hightech companies out of the A&B Portfolio •  Direct feed back from investors to entrepreneurs •  Space for personal meetings •  Coordination of further talks


Co-Operation of tech2b with the IIH


In Preparation: New Equity Instruments

• Technology fund –up to ! 1,500.000 (April 2011) • Life Science fund – up to ! 2,000.000 (October 2011) •  Infrastructure: modern work place, lab space & equipment • Mentors offer permanent support • Funding assistance • Support with authorities •  International network

www.tech2b.at


Contact Us

Austrian Business Agency Opernring 3 1010 Vienna, Austria Tel: +43-1-58858-0 E-Mail: [email protected] www.investinaustria.at

Academia plus Business Incubators Austria Markus Costabiei Hafenstraße 47-51 4020 Linz, Austria E-Mail: [email protected] www.aplusb.biz || www.tech2b.at || www.international-incubator.com

Michael Moll Prof. Dr. Stephan Koren-Straße 10 2700 Wiener Neustadt, Austria E-Mail: [email protected] www.accent.at


Office of Science & Technology 3524 International Court, NW Washington, DC 20008 E-Mail: [email protected] www.ostina.org

[www.ostina.org]

Start your R&D Business in Austria

Workshop & Dinner Reception

April 2011

Washington Chicago Pittsburgh

presentation start your r&d business in austria attendants ... · slide16 early stage •...

Documents