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Page 1: world rankings 17/18 - YES!Delft · UBI GLOBAL world rankings 17/18 report. World Ranking Report 17/18 WORLD RANKINGS REPORT 17/18 AUTHORS: JASON CASTILLO, HOLGER MEYER ... TABLE

the ubi Globalworld rankings of University-linked

Business Incubators and Accelerators

UBI GLOBAL

worldrankings

17/18report

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World Ranking Report 17/18

WORLD RANKINGS REPORT 17/18

AUTHORS: JASON CASTILLO, HOLGER MEYER

FEBRUARY 2018

CONTACT US UBI Global

[email protected] Stockholm, Sweden

PUBLISHED FEBRUARY 2018© 2018 UBI Global

Incubation Impact and NetworkAll rights reserved

http://ubi-global.com

This publication is a creative work copyrighted by UBI Global and fully protected by all applicable copyright laws. Reproduction or translation of any part of this work without the permission of the copyright owner is unlawful. Requests for permission or further information should be addressed to the Permission Department, UBI Index AB, Jakobsbergsgatan 22, 111 44 Stockholm, Sweden

RANKINGS AND RECOGNITION OF UNIVERSITY-LINKED BUSINESS INCUBATORS AND ACCELERATORS

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TABLE OF CONTENTS

PROGRAM CLASSIFICATION 5

LANDSCAPE AND METHODOLOGY OVERVIEW 6BENCHMARK AND RANKING FRAMEWORK 7

METHODOLOGICAL PROCEDURE 7

SCORE CALCULATION 8

RANKING AND RECOGNITION OVERVIEW 9

RANKINGS 10WORLD TOP BUSINESS INCUBATOR - MANAGED BY UNIVERSITY 10

WORLD TOP BUSINESS INCUBATOR - AFFILIATED BY UNIVERSITY 12

WORLD TOP BUSINESS INCUBATOR - COLLABORATING WITH UNIVERSITY 13

WORLD TOP BUSINESS ACCELERATOR - LINKED TO UNIVERSITY 14

RECOGNITIONS 15TOP CHALLENGER 15

MOST PROMISING 18

HIGH IMPACT CHAMPION 19

PUBLICATIONS 21

ABOUT UBI GLOBAL 22

DIRECTORY: FEATURED PROGRAMS 23

World Ranking Report 17/18

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World Ranking Report 17/18

INTRODUCTION

Dear Reader:

Following the World Benchmark Study 2017 – 2018, we are excited to present the Rankings and Recognitions derived from the benchmarking process of 259 business incubators and accelerators from 53 countries worldwide.

University-linked business incubators and accelerators have the unique opportunity to bridge and broker the academic world with the business the world. This ecosystem possesses distinctive characteristics that need consideration when measuring its impact and performance. For this reason, the UBI Global research framework assess each incubation program’s capacity to create value for the ecosystem, their client startups and the incubation program itself. We believe that this holistic approach allows to better capture the nuances of university-linked business incubators and accelerators.

The World Benchmark Study has two main phases: the benchmark and the ranking and recognition phase. The benchmark phase enables individual incubation programs to compare their own impact and performance with global and global top average reference groups.

The rankings and recognition phase highlights top performing programs and the reasons for their exceptional achievements. The further examination of these cases uncovers best practices that can help other programs to become more efficient, effective, and competitive.

With this report we hope to raise awareness of the impressive work being done at university-linked incubators and accelerators across the world and to encourage the further integration of the global incubation ecosystem.

Happy reading!

Holger Meyer Head of Research, UBI Global

Stockholm, Sweden

[email protected]

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World Ranking Report 17/185 - Program Classification

The classification of incubation programs into distinctive groups and subgroups allows for a more precise analysis and evaluation of their respective impact and performance results. The 259 incubation programs that participated in the World Benchmark Study 2017-2018 were classified as follows:

1. UNIVERSITY-LINKED BUSINESS INCUBATORS

Incubation programs in this group primarily focus on supporting early-stage client startups in becoming viable and scalable businesses. They are generally characterized by quality-controlled intake of client startups and regular time bound exits. Providing an array of services and infrastructure through a systematic process, such programs usually support their client startups for one to three years. The university-linked business incubators are further divided into the following three subgroups:

Business Incubators that are managed by one or more Universities Business incubators in this subgroup are directly operated by one or more universities. Business Incubators that are affiliated with one or more Universities Business incubators in this subgroup are not directly operated by but formally affiliated with one or more partner

universities based on a contractual agreement. Business Incubators that collaborate with one or more Universities Business incubators in this subgroup have no formal affiliation, but closely collaborate with one or more partner

universities, generally based on a memorandum of understanding.

2. UNIVERSITY-LINKED BUSINESS ACCELERATORS

Incubation programs in this group share a set of characteristics that distinguish them from business incubators and other forms of capacity development services. They are generally fixed-term cohort-based programs. Normally (but not always) focusing on catalyzing later-stage client startup growth, they provide intensive mentorship, training, networking, and access to investment. Intake of new client startups is often highly competitive as many university-linked business accelerators are making a financial investment in their client startups. These ventures generally graduate after a set time, usually a few months. Due to the comparatively small number of university-linked business accelerators in the sample, business accelerators that are (a) managed by, (b) affiliated with, or (c) collaborate with one or more universities are ranked together on the group level and not separately on the subgroup level.

PROGRAM CLASSIFICATION

OUT NOW! Get an in-depth look at the impact and performance of university-linked business incubators and accelerators around the world. The report also includes a comprehensive methodological overview of the research behind the world's most extensive benchmark study.

The data points and KPIs discussed and analyzed in this report include:

Trending sectors, industries and technologies Yearly operational budget and expenditure breakdown Number of employees Number of client startups Available funding from all sources Amount of financial sponsorship attracted Number of events (co-)organized Number of partners and sponsors

Available at http://ubi-global.com/store

WORLD BENCHMARK REPORT 17/18

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6 - Landscape and Methodology Overview World Ranking Report 17/18

VALUE FOR ECOSYSTEMThis category assesses the economic impact and performance of the incubation programs and their client and alumni startups as well as the programs’ success in retaining human capital and startups in the ecosystem. The subcategories Economy Enhancement and Talent Retention encompass six identified KPIs.

VALUE FOR CLIENT STARTUPSThis category assesses the number and efficiency of services provided by the programs. Numerous studies have shown that the quantity and quality of services provided is a crucial indicator of long-term startup success. Of equal importance for individual startups as well as the ecosystem in general is the incubation programs’ function as a facilitator of community and network building. The subcategories Competence Development, Access to Funds, and Access to Network encompass a total of eight KPIs.

VALUE FOR INCUBATION PROGRAMThis category assesses the incubation programs’ success in attracting deal flow and third-party support as well as their capacity to create viable companies. The subcategories Program Attractiveness and Post-Incubation Performance encompass a total of seven KPIs.

LANDSCAPE AND METHODOLOGY OVERVIEW

This year the final participants were selected after assessing a total of 1370 programs, 259 of these programs, located in 53 countries, were retained for the benchmark. The 259 assessed programs were compared by utilizing 21 key performance indicators (KPIs) identified by the research literature. These KPIs form the base of the seven subcategory scores, which in turn form the scores in the following three main categories used to calculate the individual Program Impact and Performance Scores (PIPS) for all bench-marked university-linked incubators and accelerators:

North America Latin America Europe Africa Middle East & North Africa Asia-Pacific

387LOCATIONS

259PROGRAMS

6REGIONS

53COUNTRIES

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World Ranking Report 17/187 - Landscape and Methodology Overview

BENCHMARK AND RANKING FRAMEWORK

Value forEcosystem

Economy Enhancement

● 1.1 Jobs created & sustained● 1.2 Sales revenue ($*)● 1.3 Graduates● 1.4 Self-generated revenue ($)

Talent Retention

● 1.5 Client startups accepted (#)● 1.6 Graduate retention (#, %)

Value for Client Startups

Competence Development

● 2.1 Services offered (#)● 2.2 Coaching & mentoring hours (#)

Access to Funds

● 2.3 Total investment attracted ($)● 2.4 Average investment attracted ($)● 2.5 Seed funding attraction (#, %)

Access to Network

● 2.6 Partners (#)● 2.7 Events (#)● 2.8 Alumni engagement (#, %)

Value for Incubation Program

Program Attractiveness

● 3.1 In-state applications (#, #/spot)● 3.2 Out-of-state applications (#, #/spot)● 3.3 Sponsorship attraction ($)

Post-incubation Performance

● 3.4 1-year survival rate (%)● 3.5 5-year survival rate (%)● 3.6 High-growth enterprises (%)● 3.7 IPOs (#)

*All fiscal information is converted to and represented in 2016 US dollars

KPI Weight

● High ● Medium ● Low

Assessment of all applying university-linked incubation programs

Collection of performance and descriptive data from all accepted programs

Preliminary performance score calculation by summing each program’s KPI scores

Impact evaluation of program type, age, size, ecosystem and other factors

Relative ranking of incubation programs based on verified performance data

Identification of top performers in multiple global, regional and national categories

Benchmark level calculation, including global top, average, regional, and other levels

Benchmarking of all programs against relevant benchmark levels

Data cleaning and validation, detection of input errors, outliers and anomalies

Performance data normalization and weighing, reflecting each dimension’s relative importance

1Data Collection

2Data Treatment

3Performance Assessment

4Program Ranking

5Program

Benchmarking

METHODOLOGICAL PROCEDURE

After step 2 and 3: Automatic flagging of unusual or suspicious data: desk research; request for supporting documentation; input from research advisory board members, country ambassadors and other industry experts; qualitative interviews with select incubation programs

Verification &Validation

21 KPIs measured

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8 - Landscape and Methodology Overview World Ranking Report 17/18

SCORE CALCULATIONEach assessed program receives a Program Impact and Performance Score (PIPS) based on its achievements relative to the sample.

First, the KPI scores are multiplied by their respective weights. The average of the weighted KPI scores in each subcategory represents

the subcategory score. Second, the average of the respective weighted subcategory scores generates the category scores. Finally, the

average of the three category scores equals the PIPS.

The programs with the highest PIPS relative to their global, regional or socio-economic peers, are the the ones that are being recognised

as top performing incubation programs within their respective categories.

SCORING FRAMEWORK FOR THE WORLD BENCHMARK STUDY 2017 - 2018

21 KPIS (DIMENSIONS) PERIOD UNIT WEIGHT 7 SUBCATEGORIES 3 CATEGORIES 1 PIPS

1. Jobs created & sustained (Workforce) 1 yr # 6.7%

1. Economy Enhancement (22.2%) 1. Value for

Ecosystem (33.3%)

Prog

ram

Im

pact

and

Per

form

ance

Sco

re (1

00%

)

2. Sales revenue (Economic Output) 1 yr $ 6.7%

3. Graduates (Economic Development) 5 yrs # 4.4%

4. Self-generated revenue (Sustainability) 1 yr $ 4.4%

5. Client startups accepted (Human capital - short term)

1 yr # 6.7%2. Talent Retention (11.1%)6. Graduate retention (Human capital - long

term)5 yrs #, % 4.4%

7. Services offered (Support) 1 yr # 4.4% 3. Competence Development (8.9%)

2. Value for Client Startups (33.3%)

8. Coaching and mentoring hours (Guidance) 1 yr # 4.4%

9. Total investment attracted (Funding - total) 5 yrs $ 6.7%

4. Access to Funds (11.1%)

10. Average investment attracted (Funding - average)

5 yrs $ 2.2%

11. Seed funding attraction (Funding - probability)

1 yr #, % 2.2%

12. Partners (Business development) 1 yr # 6.7%5. Access to Network (13.3%)

13. Events (Stakeholder engagement) 1 yr # 4.4%

14. Engaged alumni (Peer support) 1 yr #, % 2.2%

15. In-state applications (Reputation - local/regional)

1 yr#, #/spot

6.7%6. Program Attractiveness (15.5%)

3. Value for Incubation Program (33.3%6)

16. Out-of-state applications (Reputation - national/global)

1 yr#, #/spot

4.4%

17. Sponsorship attraction (Brand) 1 yr $ 4.4%

18. 1-year survival rate (Success - potential) 10 yrs % 6.7%

7. Post-incubation performance (17.8%)

19. 5-year survival rate (Success - promise) 10 yrs % 4.4%

20. High growth enterprises (Success - evidence)

10 yrs % 6.7%

21. IPOs (Success - proof) 10 yrs # 4.4%

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World Ranking Report 17/189 - Ranking and Recognition Overview

Dependent on the available sample size and composition, the ranking categories are chosen based on two dimensions:

1. PROGRAM TYPE

Incubator Accelerator

Of the 1,370 incubators and accelerators that were initially assessed, 259 programs were retained for the benchmarking process which resulted in four world ranking groups. Due to the comparatively small number of university-linked business accelerators in the sample, business accelerators that are (a) managed by, (b) affiliated with, or (c) collaborate with one or more universities are ranked together on the group level and not separately on the subgroup level. Addional recognition is also given to incubation programs in six regional groups, three socio-economic groups and six high impact groups.

RANKING GROUPS WORLD TOP BUSINESS INCUBATION PROGRAM - A business incubator or accelerator connected to an institution of higher education that achieves outstanding impact and performance relative to its global peers. The program outperforms its global peers with regard to the value it provides to its innovation ecosystem and its client startups, as well as the attractiveness of the program itself.

RANKING AND RECOGNITION OVERVIEW

2. RELATIONSHIP WITH PARTNER UNIVERSITY(-IES)

Managed by Affiliated with Collaborating with

RECOGNITION GROUPS TOP CHALLENGER - A university-linked business incubator or accelerator that stands out from its peers due to its impressive overall impact and performance achievements relative to its respective regional peer group.

MOST PROMISING - A university-linked business incubator or accelerator that stands out from its peers due to its impressive overall achievements relative to its young age or with regard to a particularly relevant socio-economic impact metric.

HIGH IMPACT CHAMPION - A university-linked business incubator or accelerator that stands out from its peers due to its exceptional results with regards to a particularly relevant impact metric.

40% of the sample 15% of the sample 25% of the sample 20% of the sample

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10 - Rankings World Ranking Report 17/18

RANKING PROGRAM UNIVERSITY COUNTRY

#1

The SETsquared Partnership University of Bath, University of Bristol, University of Exeter, University of Southampton, University of Surrey

United Kingdom

The DMZ at Ryerson University Ryerson University Canada

#3 PoliHub - Startup District & Incubator Politecnico di Milano Italy

#4 University of Toronto Entrepreneurship University of Toronto Canada

#5Incubadora de Alto Impacto del Tecnológico de Monterrey, Campus León (TEC LEAN)

Instituto Tecnológico y de Estudios Superiores de Monterrey Mexico

#6 IncubaUdeC Universidad de Concepción Chile

#7Business Incubator of NRU Higher School of Economics (HSE Inc)

HSE (National Research University Higher School of Economics) Russia

#8 McGill Dobson Centre for Entrepreneurship McGill University Canada

#9 Startup Aggieland Texas A&M University United States

#10Red de Incubadoras de la Universidad del Valle de Mexico

Universidad del Valle de Mexico Mexico

#11 Instituto Gênesis PUC-Rio PUC-Rio Brazil

#12

Chalmers Ventures Chalmers University of Technology Sweden

Programa EAN Impacta-Instituto para el Emprendimiento Sostenible

Universidad EAN Colombia

#14 ITMO University Business Incubator ITMO University Russia

#15

The Clarence Centre for Enterprise & Innovation

London South Bank University United Kingdom

Instituto Internacional para la Innovación Empresarial (3IE)

Universidad Técnica Federico Santa María Chile

#17

Universidad de Antioquia - Parque del Emprendimiento

Universidad De Antioquia Colombia

GU Ventures Göteborgs Universitet Sweden

#19 Incubadora de Empresas da COPPE/UFRJ Universidade Federal do Rio de Janeiro Brazil

#20 Oamk LABs Oulu University of Applied Sciences Finland

RANKINGSWORLD TOP BUSINESS INCUBATOR - MANAGED BY UNIVERSITY

A business incubator that is directly operated by one or more universities that achieves outstanding impact and performance relative to its global peers. The program outperforms its global peers with regard to the value it provides to its innovation ecosystem and its client startups, as well as the attractiveness of the program itself.

NB! Whenever two programs' final PIPS are separated by less than 0.5 percentage points the two programs share the higher ranking position.

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World Ranking Report 17/1811 - Rankings

OUT NOW! Get an in-depth look at the impact and performance of university-linked business incubators and accelerators around the world. The report also includes a comprehensive methodological overview of the research behind the world's most extensive benchmark study.

The data points and KPIs discussed and analyzed in this report include:

Trending sectors, industries and technologies Yearly operational budget and expenditure breakdown Number of employees Number of client startups Available funding from all sources Amount of financial sponsorship attracted Number of events (co-)organized Number of partners and sponsors

Available at http://ubi-global.com/store

WORLD BENCHMARK REPORT 17/18

Home countries of programs represented in the category World Top Business Incubator - Managed by University

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12 - Rankings World Ranking Report 17/18

WORLD TOP BUSINESS INCUBATOR - AFFILIATED WITH UNIVERSITY

A business incubator that is not directly operated by but is formally affiliated with one or more partner universities

based on a contractual agreement that achieves outstanding impact and performance relative to its global peers.

The program outperforms its global peers with regard to the value it provides to its innovation ecosystem and its

client startups, as well as the attractiveness of the program itself.

RANKING PROGRAM UNIVERSITY COUNTRY

#11871 - Chicago's Technology & Entrepreneurship Center

The University of Illinois, The University of Chicago, Northwestern University, DePaul University, Loyola University Chicago, Illinois Institute of Technology, DeVry University

United States

#2 YES!Delft TU Delft Netherlands

#3 İTÜ Çekirdek Istanbul Technical University Turkey

#4 Uppsala Innovation Centre Uppsala University, Swedish University of Agricultural Sciences Sweden

#5 IPN Incubadora Universidade de Coimbra, Instituto Politécnico de Coimbra Portugal

#6INiTS Universitäres Gründerservice Wien GmbH

University of Vienna, Technical University of Vienna Austria

#7 Arctic Business Incubator Luleå University of Technology Sweden

#8 Bilkent CYBERPARK I.D. Bilkent University Turkey

#9 Global Incubation Services (GINSERV) JSS Mahavidyapeetha India

#10 UtrechtIncUtrecht University, University Medical Center Utrecht, University of Applied Sciences Utrecht

Netherlands

Home countries of programs represented in the category World Top Business Incubator - Affiliated with University

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World Ranking Report 17/1813 - Rankings

WORLD TOP BUSINESS INCUBATOR - COLLABORATING WITH UNIVERSITY

A business incubator that has no formal affiliation but closely collaborates with one or more partner universities,

generally based on a memorandum of understanding, that achieves outstanding impact and performance relative

to its global peers. The program outperforms its global peers with regard to the value it provides to its innovation

ecosystem and its client startups, as well as the attractiveness of the program itself.

RANKING PROGRAM UNIVERSITY COUNTRY

#1 Guinness Enterprise Centre

University College Dublin , Trinity Innovation Academy , UCD Innovation Academy , Smurfit School of Business , Royal College of Surgeons in Ireland , Dublin City University, HEC Paris , IE Madrid, Northeastern University, University of Shanghai

Ireland

#2 Montpellier BIC Universities of Montpellier France

#3 Shell Iniciativa Jovem Universidade Veiga de Almeida, Universidade Estácio de Sá Brazil

#4

PeninsulaUniversitat Pompeu Fabra (UPF), UOC (Universitat Oberta de Catalunya), UPC (Universitat Politècnica de Catalunya)

Spain

MIDI TecnológicoACATE - Associação Catarinense de Empresas de Tecnologia, Sebrae/SC - Serviço de Apoio às Micro e Pequenas Empresas de Santa Catarina, ansla

Brazil

#6 Startup Clúster S.AP.I. de C.V.Universidad Anáhuac- Mayab, Universidad Nacional Autónoma de México, Instituto Politécnico Nacional, Tecnológico de Monterrey, Campus León, Universidad Iberoamericana

Mexico

#7 Emerging Technology CentersUniversity of Maryland, Baltimore, Johns Hopkins University, University of Baltimore, Morgan State University

United States

#8 Ingria Residentship ProgramHSE (National Research University Higher School of Economics), GSOM SPbU, ITMO University, SPbSTU

Russia

#9

Startup Lisboa Nova Sbe Portugal

Los Angeles Cleantech Incubator (LACI)

University of California, Los Angeles (UCLA), California Institute of Technology (Caltech), University of Southern California (USC), California State University, Northridge (CSUN), California State University, Los Angeles (CSULA)

United States

NB! Whenever two programs' final PIPS are separated by less than 0.5 percentage points the two programs share the higher ranking position.

Home countries of programs represented in the category World Top Business Incubator - Collaborating with University

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14 - Rankings World Ranking Report 17/18

WORLD TOP BUSINESS ACCELERATOR - LINKED TO UNIVERSITY

A business accelerator that are managed by, affiliated with, or collaborates with one or more universities that

achieves outstanding impact and performance relative to its global peers. The program outperforms its global

peers with regard to the value it provides to its innovation ecosystem and its client startups, as well as the

attractiveness of the program itself.

RANKING PROGRAM UNIVERSITY COUNTRY

#1York Entrepreneurship Development Institute (YEDI) York University Canada

#2 Entrepreneuriat Laval inc. Laval University Canada

#3 TEC Edmonton University of Alberta Canada

#4

The Accelerator Centre University of Waterloo Canada

imecGhent University, University of Antwerp, Free University of Brussels, Hasselt University, KU Leuven

Belgium

#6 NDRCTrinity College Dublin, University College Dublin, Dublin City University, Institute of Art, Design & Technology, National College of Art & Design

Ireland

#7 Captains of Russia Plekhanov Russian University of Economics Russia

#8 IncubatecUFRO Universidad de La Frontera Chile

#9

Centech École De Technologie Supérieure Canada

Building Global Innovators ISCTE – University Institute of Lisbon, MIT Portugal Portugal

NB! Whenever two programs' final PIPS are separated by less than 0.5 percentage points the two programs share the higher ranking position.

Home countries of programs represented in the category World Top Business Accelerator - Linked to University

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World Ranking Report 17/1815 - Recognitions

RECOGNITIONSTOP CHALLENGER

PROGRAM UNIVERSITY COUNTRY

LaunchLabStellenbosch University, University of Western Cape, University of Cape Town, University of Johannesburg, University of Kwazulu Natal, University of Pretoria, University of Witwatersrand

South Africa

NETFUND Incubation Centre Daystar University Kenya

Wennovation Hub Emory University, University of Ibadan, Covenant University, Obafemi Awolowo University

Nigeria

PROGRAM UNIVERSITY COUNTRY

New Venture Institute Flinders University Australia

Plan9 - PITB's Tech IncubatorSuperior University, University of Management and Technology, Bahria University, Beaconhouse National University, Forman Christian College, COMSATS

Pakistan

Society for Innovation & Entrepreneurship (SINE)

Indian Institute of Technology Bombay India

PROGRAM UNIVERSITY COUNTRY

GVA Accelerator

National Research University Higher School of Economics, Lomon-osov Moscow State University, Bauman Moscow State University, Moscow State University of Railway Engineering, National University of Science and Technology MISIS, National Research University MIPT, National University of Science and Technology MISIS, Financial University under the Government of the Russian Federation

Russia

DIT Hothouse Dublin Institute of Technology (DIT) Ireland

Technoport SA

Birmingham City University, Université de Lorraine-ENSGSI, ESTIA - Institute of Technology, EPITECH, University of Luxembourg, Technische Universiteit Eindhoven, KU Leuven, University for Creative Arts (UK)

Luxembourg

TOP CHALLENGER - AFRICA

TOP CHALLENGER - ASIA-PACIFIC

TOP CHALLENGER - EUROPE

A university-linked incubation program that stands out from its peers due to its impressive overall impact and

performance achievements relative to its respective regional peers.

In alphabetical order.

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16 - Recognitions World Ranking Report 17/18

PROGRAM UNIVERSITY COUNTRY

Chrysalis PUCV Pontificia Universidad Católica de Valparaíso Chile

Incubadora Campus Nova by Pontificia Universidad Javeriana Cali

Pontificia Universidad Javeriana - Cali Colombia

MacondoLab Universidad Simón Bolívar, Universida Simon Bolivar Colombia

PROGRAM UNIVERSITY COUNTRY

AUC Venture Lab The American University in Cairo Egypt

Berytech Foundation Université Saint Joseph de Beyrouth (USJ) Lebanon

KAUST Entrepreneurship Center King Abdullah University of Science and Technology (KAUST) Kingdom of Saudi Arabia

PROGRAM UNIVERSITY COUNTRY

Henry Bernick Entrepreneurship Centre

Georgian College Canada

Seed SpotGeorge Washington University, Arizona State University, Emory University

United States

VentureLabs® Simon Fraser University Canada

TOP CHALLENGER - LATIN AMERICA

TOP CHALLENGER - MIDDLE EAST & NORTH AFRICA

TOP CHALLENGER - NORTH AMERICA

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World Ranking Report 17/1817 - Recognitions

NEW! Learn about business incubation best practices by taking an in-depth look behind the scenes at top university-linked incubators and accelerators. Hear from the directors and CEOs of twelve top-ranked programs how they developed their business models, set up their operations, developed their revenue streams, and overcame challenges and exploited opportunities in the business incubation industry.

In this comprehensive report you will find:

Best practices for effectively managing your incubation program Detailed descriptions of successful incubation business models Strategies to build a sustainable and diversified revenue stream Different strategies to attract financial sponsorship Proven tactics for acquiring top talent and boosting deal flow Different strategies to attract financial sponsorship Models for screening and selecting fitting client startups

Available at http://ubi-global.com/store

CASE STUDIES 2018 - VOLUME 1

Home countries of programs represented in the category Top Challenger - Linked to University

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18 - Recognitions World Ranking Report 17/18

MOST PROMISING

A university-linked business incubator or accelerator that stands out from its peers due to its impressive overall achievements relative to its

young age or with regard to a particularly relevant socio-economic impact metric.

In alphabetical order.

PROGRAM UNIVERSITY COUNTRY

Fledge Presidio Graduate School United States

Incubadora FUMEC de Alto Impacto Universidad Politécnica de Tlaxcala Mexico

Seed Spot George Washington University, Arizona State University, Emory University

United States

PROGRAM UNIVERSITY COUNTRY

Incubadora FUMEC de Alto Impacto Universidad Politécnica de Tlaxcala Mexico

Incubadora Social CEM Instituto Tecnológico y de Estudios Superiores de Monterrey Mexico

xPORT Business Accelerator VŠE University of Economics, Prague Czech Republic

PROGRAM UNIVERSITY COUNTRY

Berytech Foundation Université Saint Joseph de Beyrouth (USJ) Lebanon

Gerakan Nasional 1000 Startup DigitalUniversitas Gadjah Mada, Universitas Hassanudin, Institut Teknologi Surabaya, London School of Public Relation, Universitas Trisakti

Indonesia

Henry Bernick Entrepreneurship Centre Georgian College Canada

MOST PROMISING - SOCIAL INNOVATION PROGRAM

MOST PROMISING - FEMALE FOUNDERS

MOST PROMISING - YOUNG INCUBATION PROGRAM

University-linked incubation program, founded in or after 2014, that stand out from its peers due to its impressive overall achievements

relative to its age.

University-linked incubation program that achieves high impact and performance results while predominantly serving female founders.

University-linked incubation program that achieves high impact and performance results while predominantly serving social ventures.

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World Ranking Report 17/1819 - Recognitions

HIGH IMPACT CHAMPION

A university-linked business incubator or accelerator that stands out from its peers due to its exceptional results

with regards to a particularly relevant impact metric.

In alphabetical order.

PROGRAM UNIVERSITY COUNTRY

1871 - Chicago's Technology & Entrepreneurship Center

The University of Illinois, The University of Chicago, Northwestern University, DePaul University, Loyola University Chicago, Illinois Institute of Technology, DeVry University

United States

PoliHub - Startup District & Incubator Politecnico di Milano Italy

University of Toronto Entrepreneurship University of Toronto Canada

PROGRAM UNIVERSITY COUNTRY

Ingria Residentship ProgramHSE (National Research University Higher School of Economics), GSOM SPbU, ITMO University, SPbSTU

Russia

Instituto Gênesis PUC-Rio PUC-Rio Brazil

The SETsquared PartnershipUniversity of Bath, University of Bristol, University of Exeter, Univer-sity of Southampton, University of Surrey

United Kingdom

PROGRAM UNIVERSITY COUNTRY

CREAME Incubadora de Empresas

Universidad Lasallista, Universidad Pontificia Bolivariana, Institucion Universitaria De Envigado, Instituto Tecnologico Metropolitano, Universidad Nacional, Universidad De Medellin, Fundacion Universitaria Maria Cano, Universidad Eia

Colombia

Seed Spot George Washington University, Arizona State University, Emory University

United States

The DMZ at Ryerson University Ryerson University Canada

HIGH IMPACT CHAMPION - SPONSORSHIP ATTRACTED

HIGH IMPACT CHAMPION - JOBS CREATED & SUSTAINED

HIGH IMPACT CHAMPION - HIGH-GROWTH VENTURES SUPPORTED

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20 - Recognitions World Ranking Report 17/18

PROGRAM UNIVERSITY COUNTRY

INiTS Universitäres Gründerservice Wien GmbH Technical University of Vienna Austria

TEC Edmonton University of Alberta Canada

The SETsquared PartnershipUniversity of Bath, University of Bristol, University of Exeter, University of Southampton, University of Surrey

United Kingdom

PROGRAM UNIVERSITY COUNTRY

Entrepreneuriat Laval inc. Laval University Canada

İTÜ Çekirdek Istanbul Technical University Turkey

York Entrepreneurship Development Institute York University Canada

PROGRAM UNIVERSITY COUNTRY

1871 - Chicago's Technology & Entrepreneurship Center

The University of Illinois, The University of Chicago, Northwestern University, DePaul University, Loyola University Chicago, Illinois Institute of Technology, DeVry University

United States

Los Angeles Cleantech Incubator (LACI)

University of California, Los Angeles (UCLA), California Institute of Technology (Caltech), University of Southern California (USC), California State University, Northridge (CSUN), California State University, Los Angeles (CSULA)

United States

The SETsquared PartnershipUniversity of Bath, University of Bristol, University of Exeter, Univer-sity of Southampton, University of Surrey

United Kingdom

HIGH IMPACT CHAMPION - PARTNERS ESTABLISHED

HIGH IMPACT CHAMPION - INVESTMENT ATTRACTED

HIGH IMPACT CHAMPION - APPLICATIONS RECEIVED

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World Ranking Report 17/1821 - Publications

PUBLICATIONS

OUT NOW! Get an in-depth look at the impact and performance of university-linked business incubators and accelerators around the world. The report also includes a comprehensive methodological overview of the research behind the world's most extensive benchmark study.

The data points and KPIs discussed and analyzed in this report include:

Trending sectors, industries and technologies Yearly operational budget and expenditure breakdown Number of employees Number of client startups Available funding from all sources Amount of financial sponsorship attracted Number of events (co-)organized Number of partners and sponsors

Available at http://ubi-global.com/store

NEW! Learn about business incubation best practices by taking an in-depth look behind the scenes at top university-linked incubators and accelerators. Hear from the directors and CEOs of twelve top-ranked programs how they developed their business models, set up their operations, developed their revenue streams, and overcame challenges and exploited opportunities in the business incubation industry.

In this comprehensive report you will find:

Best practices for effectively managing your incubation program Detailed descriptions of successful incubation business models Strategies to build a sustainable and diversified revenue stream Different strategies to attract financial sponsorship Proven tactics for acquiring top talent and boosting deal flow Different strategies to attract financial sponsorship Models for screening and selecting fitting client startups

Available at http://ubi-global.com/store

SUCCESS STORIES! This report highlights successful client and alumni startups from incubation programs in the UBI Global network. The depicted startups are highly successful in their respective industries and demonstrate the fascinating diversity and creative energy that characterizes the university-linked innovation ecosystem. This compilation of success stories contains:

132 successful startups from 21 countries 12 in-depth startup stories and how they made an impact in the world More than 40 university-linked incubation programs with program overview

and business model

Available at http://ubi-global.com/store

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World Ranking Report 17/1822 - UBI Global

ABOUT UBI GLOBAL

UBI GLOBAL WE MAP, HIGHLIGHT & CONNECT THE WORLD OF BUSINESS INCUBATION

UBI Global is a Stockholm-based data and advisory firm specializing in mapping and highlighting the world of business incubation. Through a network of more than 500 member organizations globally, we provide matchmaking, ranking, benchmarking, and research services to corporations and business incubation programs. UBI Global measures the impact and performance of business incubation programs with a proprietary evaluation model. As part of its bi-annual world benchmark study, the company releases the world’s top performing university-linked business incubator and accelerator rankings, in which more than 700 organizations from over 70 countries have participated to date.

The research results from UBI Global’s studies have been featured on BBC Radio, The Chicago Tribune, Le Figaro, Der Standard, The Huffington Post, The Irish Times, France 3, and other media.

For more information, please visit: http://ubi-global.com

60+

INDUSTRIESCOVERED

500+

INCUBATOR AND ACCELERATORMEMBERS ACCEPTED

5,000+

INDIVIDUAL PROFESSIONALSINVOLVED

800+

UNIVERSITIESENGAGED

15,000+

STARTUPSMAPPED

70+

COUNTRIESREPRESENTED

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World Ranking Report 17/1823 - Directory: Featured Programs

PROGRAM UNIVERSITY COUNTRY RANKING

1871 - Chicago's Technology &

Entrepreneurship Center

The University of Illinois, The University of Chicago,

Northwestern University, DePaul University, Loyola University

Chicago, Illinois Institute of Technology, DeVry University

United

States

World Top Business Incubator - Affiliated with

University, High Impact Champion -

Sponsorship, Partners

Arctic Business Incubator Luleå University of Technology SwedenWorld Top Business Incubator - Affiliated with

University

AUC Venture Lab The American University in Cairo Egypt Top Challenger - Middle East & North Africa

Berytech Foundation Université Saint Joseph de Beyrouth (USJ) LebanonTop Challenger - Middle East & North Africa,

Most Promising - Young Incubation Progam

Bilkent CYBERPARK I.D. Bilkent University TurkeyWorld Top Business Incubator - Affiliated with

University

Building Global

InnovatorsISCTE – University Institute of Lisbon, MIT Portugal Portugal

World Top Business Accelerator - Linked to

University

Business Incubator of NRU

Higher School of Economics

(HSE Inc)

HSE (National Research University Higher School of

Economics)Russia

World Top Business Incubator - Managed by

University

Captains of Russia Plekhanov Russian University of Economics RussiaWorld Top Business Accelerator - Linked to

University

Centech École De Technologie Supérieure CanadaWorld Top Business Accelerator - Linked to

University

Chalmers Ventures Chalmers University of Technology SwedenWorld Top Business Incubator - Managed by

University

Chrysalis PUCV Pontificia Universidad Católica de Valparaíso Chile Top Challenger - Latin America

CREAME Incubadora de

Empresas

Universidad Lasallista, Universidad Pontificia Bolivariana,

Institucion Universitaria De Envigado, Instituto Tecnologico

Metropolitano, Universidad Nacional, Universidad De Medellin,

Fundacion Universitaria Maria Cano, Universidad Eia

Colombia High Impact Champion - High-growth Ventures

DMZ at Ryerson University Ryerson University Canada

World Top Business Incubator - Managed by

University, High Impact Champion -

High-growth Ventures

Emerging Technology CentersUniversity of Maryland, Baltimore, Johns Hopkins University,

University of Baltimore, Morgan State University

United

States

World Top Business Incubator - Collaborating

with University

Entrepreneuriat Laval inc. Laval University Canada

World Top Business Accelerator - Linked to

University, High Impact Champion -

Applications received

Fledge Presidio Graduate SchoolUnited

StatesMost Promising - Social Innovation Program

Gerakan Nasional 1000

Startup Digital

Universitas Gadjah Mada, Universitas Hassanudin, Institut

Teknologi Surabaya, London School of Public Relation, Univer-

sitas Trisakti

Indonesia Most Promising - Young Incubation Program

Global Incubation Services

(GINSERV)JSS Mahavidyapeetha India

World Top Business Incubator - Affiliated with

University

GU Ventures Göteborgs Universitet SwedenWorld Top Business Incubator - Managed by

University

DIRECTORY: FEATURED PROGRAMSRanked and recognized university-linked businss incubation programs in alphabetical order.

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24 - Directory: Featured Programs World Ranking Report 17/18

PROGRAM UNIVERSITY COUNTRY RANKING

Guinness Enterprise Centre

University College Dublin , Trinity Innovation Academy , UCD

Innovation Academy , Smurfit School of Business , Royal

College of Surgeons in Ireland , Dublin City University, HEC

Paris , IE Madrid

IrelandWorld Top Business Incubator - Collaborating

with University

GVA Accelerator

National Research University Higher School of Economics,

Lomonosov Moscow State University, Bauman Moscow state

university, Moscow State University of Railway Engineering,

National University of Science and Technology MISIS, National

Research University MIPT, National University of Science and

Technology MISIS, Financial University under the Government

of the Russian Federation

Russia Top Challenger - Europe

Henry Bernick

Entrepreneurship CentreGeorgian College Canada

Top Challenger - North America, Most

Promising - Young Incubation Program

imecGhent University, University of Antwerp, Free University of

Brussels, Hasselt University, KU Leuven Belgium

World Top Business Accelerator - Linked to

University

Incubadora Campus Nova by

Pontificia Universidad

Javeriana Cali

Pontificia Universidad Javeriana - Cali Colombia Top Challenger - Latin America

Incubadora de Alto Impacto

del Tecnológico de Monterrey,

Campus León (TEC LEAN)

Instituto Tecnológico y de Estudios Superiores de Monterrey MexicoWorld Top Business Incubator - Managed by

University

Incubadora de Empresas da

COPPE/UFRJUniversidade Federal do Rio de Janeiro Brazil

World Top Business Incubator - Managed by

University

Incubadora FUMEC de Alto

ImpactoUniversidad Politécnica de Tlaxcala Mexico

Most Promising - Social Innovation Program,

Most Promising - Female Foudners

Incubadora Social CEM Instituto Tecnológico y de Estudios Superiores de Monterrey Mexico Most Promising - Female Founders

IncubatecUFRO Universidad de La Frontera ChileWorld Top Business Accelerator - Linked to

University

IncubaUdeC Universidad de Concepción ChileWorld Top Business Incubator - Managed by

University

Ingria Residentship ProgramHSE (National Research University Higher School of Econom-

ics), GSOM SPbU, ITMO University, SPbSTURussia

World Top Business Incubator - Collaborating

with University, High Impact Champion -

Jobs created & sustained

INiTS Universitäres Gründer-

service Wien GmbHUniversity of Vienna, Technical University of Vienna Austria

World Top Business Incubator - Affiliated with

University, High Impact Champion -

Investment attracted

Instituto Gênesis PUC-Rio PUC-Rio Brazil

World Top Business Incubator - Managed

by University, High Impact Champion - Jobs

created & sustained

Instituto Internacional para la

Innovación Empresarial (3IE)Universidad Técnica Federico Santa María Chile

World Top Business Incubator - Managed by

University

IPN Incubadora Universidade de Coimbra, Instituto Politécnico de Coimbra PortugalWorld Top Business Incubator - Affiliated with

University

ITMO University Business

IncubatorITMO University Russia

World Top Business Incubator - Managed by

University

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World Ranking Report 17/1825 - Directory: Featured Programs

PROGRAM UNIVERSITY COUNTRY RANKING

İTÜ Çekirdek Istanbul Technical University Turkey

World Top Business Incubator - Affiliated with

University, High Impact Champion -

Applications received

KAUST Entrepreneurship

CenterKing Abdullah University of Science and Technology (KAUST)

Kingdom of

Saudi ArabiaTop Challenger - Middle East & North Africa

LaunchLab

Stellenbosch University, University of Western Cape, University

of Cape Town, University of Johannesburg, University of Kwa-

zulu Natal, University of Pretoria, University of Witwatersrand

South Africa Top Challenger - Africa

Los Angeles Cleantech

Incubator (LACI)

University of California, Los Angeles (UCLA), California Insti-

tute of Technology (Caltech), University of Southern California

(USC), California State University, Northridge (CSUN), California

State University, Los Angeles (CSULA)

United

States

World Top Business Incubator - Collaborating

with University, High Impact Champion -

Partners

MacondoLab Universidad Simón Bolívar, Universida Simon Bolivar Colombia Top Challenger - Latin America

McGill Dobson Centre for

EntrepreneurshipMcGill University Canada

World Top Business Incubator - Managed by

University

MIDI Tecnológico

ACATE - Associação Catarinense de Empresas de Tecnologia,

Sebrae/SC - Serviço de Apoio às Micro e Pequenas Empresas

de Santa Catarina, ansla

BrazilWorld Top Business Incubator - Collaborating

with University

Montpellier BIC Universities of Montpellier FranceWorld Top Business Incubator - Collaborating

with University

NDRC

Trinity College Dublin, University College Dublin, Dublin City

University, Institute of Art, Design & Technology, National

College of Art & Design

IrelandWorld Top Business Accelerator - Linked to

University

NETFUND Incubation Centre Daystar University Kenya Top Challenger - Africa

DIT Hothouse

(New Frontiers)Dublin Institute of Technology (DIT) Ireland Top Challenger - Europe

New Venture Institute Flinders University Australia Top Challenger - Asia-Pacific

Oamk LABs Oulu University of Applied Sciences FinlandWorld Top Business Incubator - Managed by

University

PeninsulaUniversitat Pompeu Fabra (UPF), Universitat Oberta de

Catalunya (UOC), Universitat Politècnica de Catalunya (UPC)Spain

World Top Business Incubator - Collaborating

with University

Plan9 - PITB's Tech Incubator

Superior University, University of Management and

Technology, Bahria University, Beaconhouse National

University, Forman Christian College, COMSATS

Pakistan Top Challenger - Asia-Pacific

PoliHub - Startup District

& IncubatorPolitecnico di Milano Italy

World Top Business Incubator - Managed by

University, High Impact Champion -

Sponsorship

Programa EAN

Impacta-Instituto para el

Emprendimiento Sostenible

Universidad EAN ColombiaWorld Top Business Incubator - Managed by

University

Red de Incubadoras de la

Universidad del Valle de

Mexico

Universidad del Valle de Mexico MexicoWorld Top Business Incubator - Managed by

University

Seed SpotGeorge Washington University, Arizona State University,

Emory University

United

States

Top Challenger - North America, Most Prom-

ising - Social Innovation Program, High Impact

Champion - High-growth Ventures

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26 - Directory: Featured Programs World Ranking Report 17/18

PROGRAM UNIVERSITY COUNTRY RANKING

SETsquared PartnershipUniversity of Bath, University of Bristol, University of Exeter,

University of Southampton, University of Surrey

United

Kingdom

World Top Business Incubator - Managed by

University, High Impact Champion -

Jobs created & sustained, Partners,

Investment attracted

Shell Iniciativa Jovem Universidade Veiga de Almeida, Universidade Estácio de Sá BrazilWorld Top Business Incubator - Collaborating

with University

Society for Innovation &

Entrepreneurship (SINE)Indian Institute of Technology Bombay India Top Challenger - Asia-Pacific

Startup Aggieland Texas A&M UniversityUnited

States

World Top Business Incubator - Managed by

University

Startup Clúster S.AP.I. de C.V.

Universidad Anáhuac- Mayab, Universidad Nacional Autóno-

ma de México, Instituto Politécnico Nacional, Tecnológico de

Monterrey, Campus León, Universidad Iberoamericana

MexicoWorld Top Business Incubator - Collaborating

with University

Startup Lisboa Nova Sbe PortugalWorld Top Business Incubator - Collaborating

with University

TEC Edmonton University of Alberta Canada

World Top Business Accelerator - Linked to

University, High Impact Champion -

Investment attracted

Technoport SA

Birmingham City University, Université de Lorraine-ENSG-

SI, ESTIA - Institute of Technology, EPITECH, University of

Luxembourg, Technische Universiteit Eindhoven, KU Leuven,

University for Creative Arts (UK)

Luxem-

bourgTop Challenger - Europe

The Accelerator Centre University of Waterloo CanadaWorld Top Business Accelerator - Linked to

University

The Clarence Centre for Enter-

prise & InnovationLondon South Bank University

United

Kingdom

World Top Business Incubator - Managed by

University

Universidad de Antioquia -

Parque del EmprendimientoUniversidad De Antioquia Colombia

World Top Business Incubator - Managed by

University

University of Toronto

EntrepreneurshipUniversity of Toronto Canada

World Top Business Incubator - Managed by

University, High Impact Champion -

Sponsorship

Uppsala Innovation Centre Uppsala University, Swedish University of Agricultural Sciences SwedenWorld Top Business Incubator - Affiliated with

University

UtrechtIncUtrecht University, University Medical Center Utrecht,

University of Applied Sciences Utrecht Netherlands

World Top Business Incubator - Affiliated with

University

VentureLabs® Simon Fraser University Canada Top Challenger - North America

Wennovation HubEmory University, University of Ibadan, Covenant University,

Obafemi Awolowo UniversityNigeria Top Challenger - Africa

xPORT Business Accelerator

VŠEUniversity of Economics, Prague

Czech

RepublicMost Promising - Female Founders

YES!Delft TU Delft NetherlandsWorld Top Business Incubator - Affiliated with

University

York Entrepreneurship

Development InstituteYork University Canada

World Top Business Accelerator - Linked to

University, High Impact Champion -

Applications received

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World Ranking Report 17/1827 - Directory: Featured Programs

the ubi globalworld rankings of University-linked

Business Incubators and Accelerators

UBI GLOBAL

world rankings17/18 report