Climate-KIC - ECOSUMMIT - Smart Green Business … Graham: Y-combinator Bill Aulet: Disciplined...

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Climate-KIC

© 2014 Climate-KIC Entrepreneurship

Accelerator for climate startups!

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Why?

…we  need  to  make  Europe  more  innova2ve  and  compe22ve…    Jose  Manuel  Barosso,  President  European  Comission  

Greenhouse

Gas

Monitoring,

Reporting

and

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Making

Transitions

Happen

Adaptation

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Land

and water

engineering

for adaptation

Sustainable

City Systems

Industrial

Symbiosis

Transforming

the built

environment

Developing the

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3 pillars of Climate-KIC

Educa9on  >  Entrepreneurial  genera9on    Innova9on  >  Development  of  innova9ons    Entrepreneurhip    >  Train  &  accelerate  startups  

     >  SME  support  

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Formal EIT KPIs

ü  A9rac2veness  of  educa2onal  programmes  ü  New  graduates  ü  Business  ideas  incubated  ü  New  startups  created  ü  Knowledge  transfer  &  adop2on  ü  New  products  and  services  launched    #  Jobs  created,  capital  a9racted,  climate  impact  

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Startup

…is  a  temporary  organisa2on  for  development  and  tes2ng  business  models  for  a  poten2al  new  product…    Steve  Blank,  Startup  Professor  

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New generation

 1995:  2  %  students  considered  a  startup  2014:  >25  %  students  considers  a  startup      +  Fluent  English  cross  Europe  +  Open  source  &  flexible  generaCon  +  Create  a  Job,  instead  of  finding  a  job      

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Where we need to help?

+  Startup  Accelerator    +  Investor  ecosystem    +  Open  Innova9on  Landscape  with                        Academics  >  Startups  >  Industry  

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Climate-KIC Accelerator

Leading through the Valley of Death

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Acceleration of start-ups

Ø  Business  coaching  Ø  Business  modelling  

Ø  Customer  development  

Ø  Finance  &  nego9a9ons  Ø  Pitching  &  Startup  Tours  Ø  Business  planning  Ø  Investable  new  ventures  

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Criteria for selection & stage gates

Climate relevance, Team, Business model, T2M, Scalability Stage 1: Develop your business model Stage 2: Get out of the building Stage 3: Deliver your first deal

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Entrepreneurship team

•  Entrepreneurship support in UK, GER, CH, FR, NL & Nordic and RIC regions

•  Local incubator facilities •  Local business coaches •  Standardised acceleration programme • Network with local investor community

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Builds on best practices

Henry Chesbrough: Open Innovation Steve Blank: Lean LaunchPad Alex Osterwalder: Business Model Canvas Paul Graham: Y-combinator Bill Aulet: Disciplined Entrepreneurship

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Does it help?

Climate-KIC statistics 2012-2014 Startups incubated: 400 Survival rate: >90% Ext. Investments: 45 Startups >> 59 Meuro Job Growth: 1000 fte >> x5? x25? Powerful contribution towards CO2 reduction