Global Innovation PlatformJuly, 2016

2

By way of IntroductionAbout META

META at a Glance

Goal˃ support knowledge-intensive entrepreneurialism

How: only international Group with an integrated Platform˃ Rethinking Entrepreneurialism: innovation policy advice (city -> EU levels)

˃ Cultivating Entrepreneurialism: training entrepreneurs & scientists

˃ Financing Entrepreneurialism: venture capital fund management

20 years' hands-on experience˃ investing in high-growth

companies across Europe ˃ helping Institutions &

urban ecosystems around the world foster more of them

˃ training and supporting young entrepreneurs, scientists, etc.

In Figures: Rethinking EntrepreneurialismOver 300 feasibility studies, more than 700 assignments and pilot projects delivered worldwideEU Commission: Research & Innovation, Entrepreneurship and Finance policiesRegional innovation and entrepreneurship strategy design: 30+ regions, Western and Eastern EUPolicy dialogue, Smart Specialization StrategiesGlobal Innovation Platform Product

In Figures: Cultivating Entrepreneurialism3000+ people trained overallGlobe Innovation Platform delivery with Globe Forum since 2004European wide partnership with Kauffman FastTrac® to deliver NewVenture™, TechVenture™ & GrowthVenture™ entrepreneurship coursesWorldwide delivery of Investor Readiness format AyR™ for high growth companiesResearch Helicopter™: supporting European scientists exploit their resultsLeading the development of Creativity Camp™ in EuropeGlobal Innovation Platform Product

In Figures: Financing EntrepreneurialismLeading private European management firm for regional co-investment funds8 seed capital funds (approximately €100M) currently under managementLeveraging relationship with international informal investors (members of the BoD of IBAN, BAE, advisory board of NASDAQ OMX and members of AIFI Venture Capital Committee)Unique, multi-country expertise in implementing public/private financial instruments (e.g. ESIF 2014 facility)

In Figures: Investment (cont)Fund Period Size

Ingenium Provincia di Catania 2010-2019 € 5,000,000Ingenium Umbria (ATI Prisma I and II) 2004-2020 € 8,000,000

Ingenium Emilia Romagna I 2004-2014 € 9,000,000

META Ingenium d.o.o. (Slovenia) 2010-2019 € 10,000,000

Ingenium Emilia Romagna II 2010-2020 € 14,000,000Ingenium Poland 2012-2022 € 20,000,000Ingenium Sardegna 2009-2019 € 34,000,000

GIP: What is it?…and Why is it different?

Context: from managed to entrepreneurial economy

Driving growth: Knowledge increasingly replacing physical capital and labor Knowledge creation: Individuals increasingly replacing large firmsTurning knowledge into goods/services: new & small firms increasing role alongside large conglomeratesBroader entrepreneurship policy increasingly replacing traditional industrial policy

˃ promote entrepreneurial innovation ˃ facilitate high-growth potential start-ups

Context: rise of urban ecosystems˃ Cities increasingly innovation agents of change:

˃ Design their eco-system˃ Engage entrepreneurs ˃ Foster company creation and

SME development˃ Large companies seeking

˃ open innovation solutions ˃ opportunities to differentiate

activities ˃ invest in new emerging

industries.

GIP in a NutshellCity-level innovation booster

˃ Solve local urban problems˃ Stimulate local high-growth,

knowledge-intensive companies˃ Connect them across Europe

Challenge-driven innovation

META: 20 years' hands-on experience˃ investing in high-growth

companies across Europe ˃helping Institutions & urban ecosystems around the world foster more of them

˃ training and supporting young entrepreneurs, scientists, etc.

After dozens of RIS(3)s*… Challenge-Based Innovation

˃ Focus: your urban ecosystem as innovation ecosystem

˃ Needs ˃ Unique Selling Proposition˃ Local companies,

Universities, SMEs & entrepreneurs

˃ Framework + Process +˃ Dedicated IT tool˃ Europe-wide networks

* Regional Innovation Strategies & Smart Specialisation Strategies

How it works

Local Stakeholders…• The City: public authority• 1+ large company(ies)• Entrepreneurs, SMEs• Academia• Investors• Intermediaries

… Organised within a 4-step Process1. Profile Ecosystem

• Who: City & local large company(ies), Sponsors (eg bank), Service providers (incubators, angels…)

• Result: Evidence-based Roadmap• Your city’s USP• Map of Local Champions

2. Define challenges*, Prepare

• Who: City• What: • Challenges prioritised• Ecosystem & Local Champions

engaged• Result: Ready to launch, online

& offline

* Challenge – a demand-driven task requiring specific, working, sustainable solutions.

… Organised within a 4-step Process (cont)

3. Launch Challenges

• Who: Startups, Large Local Companies , SMEs, Academia…

• What: Roadshows, Online/Social/Press, etc.

• Results: Solution providers mobilised• Who (above)• & from across Europe• co-developing in teams

4. Implement Challenges

• Who: solution providers mobilised• What: GIP events: Workshops, Coaching,

Pitching sessions, online training/support …

• Results: Solutions Brought to Reality• Products & Services meeting challenges • to investors & markets across Europe.• Your city: modern, challenge-driven

Innovation ecosystem, nurturing entrepreneurs

• Your brand: attracting more

GIP: Results • Open your ecosystem to

entrepreneurs, startups, academia, investors & large companies• Focus them on your

challenges• Help your talents find

partners & finance• Help local large companies

support urban development

˃Accelerate solutions to urban challenges

˃ Connect your city to others

˃ Improve & Showcase your ecosystem:

˃ nurture your entrepreneurs

˃ attract more inwards

Road-tested at European level Digital Twisters: EU-supported Starup Europe project

Road-tested at European level Digital Twisters: EU-supported Starup Europe project

Warsaw Innovation Days

Global Entrepreneurship Congress, Milan

Online Platform

Online Platform

Thanks for your time

Mathew Lowrym.lowry@meta-group.com

www.meta-group.com@meta_group

Andrea Di Anselmo

a.dianselmo@meta-group.com

VP, META GroupPresident, INSME

(International Network for SMEs)