Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs
-
Upload
frans-nauta -
Category
Economy & Finance
-
view
414 -
download
2
Transcript of Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs
![Page 1: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/1.jpg)
Surfing the Green Wave How Europe can build an ecosystem to turn our
carbon addiction into new business
Frans Nauta Global Clean Tech Finland
9 September 2015, Helsinki@fnauta
![Page 2: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/2.jpg)
sanderijn cels jorrit de jong frans nauta
Agents of Change
strategy and tactics for social innovation
Surfing theGreen Wave
2008 2012 2016
![Page 3: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/3.jpg)
Climate-KIC Accelerator
![Page 4: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/4.jpg)
Data points
• Started in 2012
• 13 cities in CH, D, DK, F, H, I, NL, UK, PL, SP
• 164 teams entered accelerator 2014
• Circa 40% make it to Stage 3
• Portfolio has attracted > 100 M€ in funding
![Page 5: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/5.jpg)
![Page 6: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/6.jpg)
![Page 7: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/7.jpg)
Talent &
Knowledge
Business Smart Money
Government Policy
Interaction
![Page 8: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/8.jpg)
Talent &
Knowledge
Business Smart Money
Government Policy
Interaction
1891
1939
![Page 9: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/9.jpg)
Fred Terman @ Stanford
![Page 10: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/10.jpg)
Talent &
Knowledge
Business Smart Money
Government Policy
Interaction
1891 1941
1951
1939
![Page 11: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/11.jpg)
![Page 12: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/12.jpg)
Talent &
Knowledge
Business Smart Money
Government Policy
Interaction
1891 1941
1951
1939 1958
![Page 13: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/13.jpg)
Talent &
Knowledge
Business Smart Money
Government Policy
Interaction
1891 1941
1951
1939 1958
1
5
4
3
2
![Page 14: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/14.jpg)
Five ecosystem issues
• Lack of startup culture in academia
• Startup acquisition by corporations
• Government funding beyond paper
• EU Venture Capital
• Leadership issue
1
3
2
4
5
![Page 15: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/15.jpg)
Slush EU for Clean Tech1
![Page 16: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/16.jpg)
Less R&D subsidies2
![Page 17: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/17.jpg)
years to market ➡
R&
D foc
us ➡
5 10 15 20
Corporations GovernmentR&D Time Horizon USA Corporations
1970
1980
19902000
![Page 18: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/18.jpg)
years to market ➡
R&
D foc
us ➡
5 10 15 20
US Corporations Government
R&D Ecosystem USA
US Venture Capital
![Page 19: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/19.jpg)
years to market ➡
R&
D foc
us ➡
5 10 15 20
EU Corporations Government
R&D Ecosystem EU
EU Venture Capital
![Page 20: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/20.jpg)
Action funding3
![Page 21: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/21.jpg)
Action funding3
![Page 22: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/22.jpg)
Time for EARPA
• Funding for action
• Challenges model
• Bringing in the best & brightest
• And then kick them out again
➡ Revolving door policy
![Page 23: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/23.jpg)
VC asset class
Bill
ion
$
0
1000
2000
3000
4000
5000
2009 2010 2011 2012 2013 2014
EU+IS North America Rest of World
Source: Clean Tech Groep, I3 database, 2014
4
![Page 24: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/24.jpg)
Israel’s ‘Fincubator’
• Incubator combined with investment fund
• 100 k€ VC, 500 k€ government funding, 30%
• Tender process
• 23 Fincubators
- Market focus
- Regional spread
➡ Corporates are getting in on the action
![Page 25: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/25.jpg)
Existential threat & vision = great things
• USA - 40ies R&D War
• Netherlands - 50ies Water management
• Israel - 50ies Defense
• USA - 60ies Moonshot
• Denmark - 70ies Wind power
• Germany - 80ies Green energy
5
![Page 26: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/26.jpg)
Politicians are like VC’s
![Page 27: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/27.jpg)
Summarized
• Slush for Clean Tech
• Less R&D subsidies
• Action funding - EARPA
• Fincubators
• Much better sales
1
3
2
4
5
![Page 28: Surfing the Green Wave: how to build an ecosystem for clean tech entrepreneurs](https://reader030.fdocuments.in/reader030/viewer/2022032613/58f379941a28abd30b8b4567/html5/thumbnails/28.jpg)
Thank you for your attention
@fnauta