A spring board for your technology enterprises Jean-Philippe Lallement Lan Zuo Gillet Jump Start Your Business 2 Start-up statistics in Switzerland • • • • Most survive > 80% after 10 years Few grow rapidly: average 7 staff after 5 years Reliance on public funding – for research projects All good projects get funded – but speed is the issue • Not enough (big) exits Myth & reality Tech entrepreneurship in CH Pro’s • World leader in research and innovation Applied research culture Foreign professors and students • 20+ years of experience in start-up creation and support • About 200 new high-tech start-ups every year Con’s • Risk-averse culture • Low unemployment • Small domestic market, complex EU market • (still) Insufficient critical mass of serial, successful entrepreneurs & experienced investors Safe landing at EIP • Co-working space • Garage • Office and labs • Corporate units Flexible office solutions Sector specific coaching • ICT • Medtech • Nano /Microtechnology • Material Financing Acceleration programs • Prix Vittoz • Venture Leaders • Sales Angels Start-up booster Fast track Training • Workshops • Project based training (CTI E’ship) • By Seasoned entrepreneurs Valeur ajoutée Board Members Academy M&A support Focused workshops Sales Angels & Funding Internationa l Community building & Networking Training Coaching & Mentoring Corporate relations La Forge Le Garage Flexible offices & Labs Corporate Tailor made office solutions The Garage Co-working space Flexible offices and labs Corporate R&D units CTI Entrepreneurship Training Students Inspired Students Project owners Start-up founders Business Ideas Business Concept Business Creation Business Develop. Feel the startup groove 1 afternoon Develop Business Idea 10 evenings Convince future investors 5 days Learn to seize markets 5 days By seasoned entrepreneurs CTI Start-up Coaching Hands-on, sector specific support by Coaches with start-up experience Mentors with deep industrial knowledge Having international profile >120 projects coached Profile of EPFL projects that we support • 1 to 3 co-founders, PHD students or graduates; some Professor involvement • Patented / patentable technology • Initial prototype • Unvalidated business concept • Initial funding sought or obtained : Venturekick 1 or Innogrant • One or a couple of partnerships discussions – sometimes originating from academic work with commercial partners • Very low run rate Myth & reality Acceleration Programs Sales Angels Seasoned sales executives as Sales Angels • • • • Improve sales skills of start-up founders Generate first sales Define commercial strategy and staffing plans Raise earmarked capital to finance sales plan • Up to 10 start-ups / year • Max 50’000 CHF per start-up • 50% cost paid by the start-up EPFL Innovation Park Acceleration Program Venture Leaders 10 day organized study trip in the USA and in China • Presentation to local experts and investors per industry sector • Advanced entrepreneurship training in business development, IP, corporate affairs etc. • "Execution workshops" focusing on developing your company • Group feedback sessions • Networking events with the high-tech entrepreneurs' scene Acceleration Program Prix Vittoz Individual business trips to Asia & USA • Access and validate market opportunities • Meet potential partners, agents, clients and employees • Rapidly build a powerful and effective business network • Up to 5 start-ups / year • Up to 30’000 CHF reimbursement of trip expenses Financing – the right door at the right time Successful stories Diving, flying and having fun!