10 Mio funding to connect ecosystems. H2020 - ICT -32 13/11/2015 www.startupeuropeclub.eu 1 Startup Europe After 2 Years 2 February 2017 Isidro Laso Ballesteros. DG CONNECT. European Commission ese slides reflect the opinion of the author and do not necessarily f the European Commission
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
1
10 Mio funding to connect ecosystems.
H2020 - ICT -32
13/11/2015 www.startupeuropeclub.eu
Startup Europe After 2 Years2 February 2017
Isidro Laso Ballesteros. DG CONNECT. European Commission
Disclaimer: these slides reflect the opinion of the author and do not necessarily represent the position of the European Commission
www.startupeuropeclub.eu 2
H2020 ICT 32 Startup Europe• The data:
• 10€ Mio funding (80% funding rate, 100% for non for profit)
• Deadline: 25 April• ~1.5 Mio per project• Connecting people from 3-4 local ecosystems• Focus on growth phase (scale up) startups, not early
stage• Special attention in "mission-driven targeted
networking" of startups with:• Corporates• Stock exchange markets• Public procurers (3 trillions of untapped resources)• Pension funds9/11/2015
Startups715 startups are part of the Startup Europe portfolio*
Stage81 Pre Series A 21 Series A 9 Series B4 Series C
CategoryMobile apps Internet of things e-commerceAdvertising EducationSAAS Analytics FinTechHealthcare
Innovation by companies in Silicon Valley is done by buying startups
~50 acquisitions per year:• Google - 57 acquisitions, • Facebook – 52, • Microsoft - 50, • Apple – 48, • Twitter 48,• Cisco – 10 per year
9/11/2015
www.startupeuropeclub.eu 15
Also public procurers …
• Example of the EU institutions:• European Parliament, European Council and European Commission
have selected five areas (cloud computing, security, AI,…)• Startup Europe networks will scout startups related to those five
areas in 12 cities• The three directors in charge of public procurement from European
Parliament, European Council and European Commission will visit the 12 cities meeting the selected startups
• Benefits:• Public procurement will be adapted to the needs of the startups• Public procurers will get cheaper and more innovative solutions
9/11/2015
16
What is our recipe?
13/11/2015 www.startupeuropeclub.eu
www.startupeuropeclub.eu 179/11/2015
18
Physical connection of people from startups hubs across Europe.
www.startupeuropeclub.eu
Source: startuphubs.eu
www.startupeuropeclub.eu 19
Activities to connect ecosystems (1/2)• Events inviting ecosystems players from local ecosystems.
E.g. Startup Ole. With many bilateral meetings and very few panels (300 bilateral meetings during two days!) and a startup competition and a startup fair.
• Move entrepreneurs and investors around. E.G. Europass to allow entrepreneurs to travel to 3 or 4 events/cities across Europe and curating meetings with the relevant investors and potential customers.
• Mapping of the ecosystem. E.g. startupeuropemap.eu with all accelerators, influencers, investors, … To facilitate the connection, but the follow up networking is done in existing platforms.
• Celebration activities. Big distributed events like Startup Europe Week with 400 simultaneous events across EU. Or Startup Europe Awards, the Eurovision for startups.
9/11/2015
www.startupeuropeclub.eu 20
Activities to connect ecosystems (2/2)• Events for policy makers and entrepreneurs. E.g.
Startup Europe summit• Networks of regional innovation agencies. E.g.
Startup Europe Regions network• Internationalisation: connection with international
ecosystems. Same activities as to connect EU ecosystems:events, move entrepreneurs and investors, mapping, summits of policy makers and entrepreneurs. E.g. startup Europe Comes to Silicon Valley, Startup Europe Comes to India, Africa, EaP, Latam,..
9/11/2015
www.startupeuropeclub.eu 21
What we advice against (based on our own experience)
• To develop new online platforms. There are many platforms that can be used instead for different target groups: LinkedIn, yammer, mobilise, Basecamp, slack,… e.g Startup Europe Facebook group with 12K members.
• To give non refundable grants to startups. Do nor cherry pick winners. It expel out smart money from other investors. Use co-investment or convertible grants instead. Or support initiatives from local serial entrepreneurs (e.g. Accelerators) with grants to hire people and increase capacity. E.g. London region support to accelerators to hire employees.
• To build new buildings for entrepreneurs. Offer under-utilised public buildings to local serial entrepreneurs or influencers (in preferential conditions) instead. E.g. Google Campus, La N@ve in Madrid,..