Delft Cleantech Incubation - Cleantech Incubation Europe

Delft Cleantech Incubation

Dr.ir. Stephan van Dijk PhD – TU Delft

Drs. Arnoud Jullens MBA – YES!Delft

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Who are we?

• Dr.ir. Stephan van Dijk PhD

– Program manager Cleantech R&D, Valorisation Centre at

– Delft University of Technology, the oldest and largest university of technology in the Netherlands. 17.000 students and 4.500 employees. Voted most Entrepreneurial university in NL.

• Drs. Arnoud Jullens MBA

– Incubation & Growth manager at

– YES!Delft high-tech incubator, the most successful incubator in the Netherlands, 120 high-tech startup companies and 700 new jobs since 2005.

Best practices in cleantech incubation policy

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What policies (strategies, structures and processes) are most effective in enabling and supporting cleantech incubation at regional level?

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Overview presentation

• Cleantech innovation in the Netherlands

• A first inventory of ‘best practices’ in the region of Delft

– Regional context and (re)sources for cleantech & startups

– Regional policies

– Cluster strategy and structure

– YES!Delft high-tech Incubator (Mr. Arnoud Jullens MBA)

– TU Delft Tech Transfer and Entrepreneurship

• Challenges for the Delft Cleantech and Incubation Cluster

• Conclusions

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Netherlands - Cleantech Innovation Index

[Cleantech Group and WWF, 2012]

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First inventory of best practices

Delft Cleantech Incubation

Delft

1. Local context and sources

Jobs per km2

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1. Local context and sources

DSM & BPF

Technopolis Delft

- 16.000 knowledge workers

- 20.000 BSc & MSc students

TNO

TU Delft

YES!Delft

EXACT

Reactor Institute

3M

Deltares

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1. Regional context and sources

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2. Regional strategy

• Strong regional agenda on economic growth and cluster development, based on core strengths:

– Cleantech (Biobased Economy, Water and Deltatechnology,

Renewable Energy, Mobility & Transport)

– Medical technology and life sciences

– Security Delta

• Strong collaboration between 4 main cities (Rotterdam,

Delft, the Hague and Leiden) and Province of South-

Holland.

• Knowledge economy policy, Economic development policy and Infrastructure policies are strongly interwoven.

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3. Regional Development Organization

30 MEuro

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3. Cleantech cluster and structure

The Hague

BPF

Province SH

DSM

City of Delft

Rotterdam

Purac

ROM/SPH

TU Delft YES!Delft

CleanTechDelta VC’s

Port of

Rotterdam

EUR/LU

Deltares Applied

Universities

TNO

Rabobank

3. Cleantech cluster facilities

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• The bio-process pilot production facility (BPF)

• Nuclear reactor and advanced materials research (TU Delft)

• Wind tunnel test facility (TU Delft)

• Cleanrooms and nanolabs (TU Delft and TNO)

• Water and delta wave lab (at Deltares)

• Micro-grid test lab and High-voltage power lab (TU Delft)

• RDM Campus (Engineering & Manufacturing Facility/ Rotterdam)

• Concept House Prototype (TU Delft and HRO)

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YES!Delft

• Founded in 2007

• Initiative of the City and the University

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YES!Delft – mission

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Criteria

< 5 years

Team

Scalable

Ambition

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YES!Delft

• 120 Companies

• 85 MIO Capital raised

• 45 MIO Turnover -2012

• 700 new jobs created – 2012

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Program

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Program -Inspiration

• YES!Delft Students

• Delft Innovation Award

• Delft Entrepreneurial Scientist Award

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Program-Launchlab

Iterate / Pivot

Insight

Calculate

Hypothesis

Test Design experiment

Program - incubator

• Masterclasses / Workshops

• Entrepreneurs in residence

• Individual coaching

• Peer review

• Network

– Customers

– Investors

– Scientists

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Cleantech

• EIT Climate KIC

– Funding

– Training

– Network

– Coaching

• Entrepreneur in Residence

• Delft Energy initiative

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• Increase inflow

Main challenges

• Extend ‘high-end’ network

• Pre-seed funding (clean-)tech start-ups

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Molengraaffsingel 12 | 2629 JD Delft | The Netherlands

+31 15 278 28 16 | info@yesdelft.nl | www.yesdelft.nl

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4. TU Delft Facts and figures (2012)

Education

• First years 3.613

• Students 17.530

• Master & doctoral degrees 2.242

• International students 2.769

• Bachelor's programmes 15

• Master's programmes 33

Research

• Academic staff 2.491

• PhD dissertations 303

• Scientific publications 5.604

• Publications in professional journals 719

• Patents 44

Finance (Millions of €)

• Equity capital 314.6

• Liquidity position 232.5

• Government funding 384.7

• Income from the work for third parties 150

Rankings

• THE World ranking: No. 22 in

Engineering & Technology

• Elsevier Valorisation Ranking (NL):

No. 1 in Valorisation. No. 1 most

Entrepreneurial Dutch university.

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4. TU Delft – IPR & Tech Transfer

• For most academic start-ups or spin-offs IPR is dealt by the

TechTransfer Office of the university.

• For employees at the university that make an invention, the university will apply for the patent and owns the patent, but revenues on the patent are equally shared among 3 parties: the university, the department and the inventor (33% each).

• On average 45 patent applications each year. 15 are granted. We have an active IP-portfolio of 190 patent-families (1300 country specific patents). Yearly costs of IP-portfolio is 1MEuro.

• Patents can be licensed to start-up or spin-off companies or transfered in return for a share/stake in the company.

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TU Delft – Entrepreneurship Education

• 3 Minor programs in Entrepreneurship:

– Technology Based Entrepreneurship

– International Entrepreneurship & Development

– Health innovation and Entrepreneurship

• 2 dedicated Master course:

– Turning technology into business (based on patents)

– Writing a business plan

• A total of 500 students take these courses/minors each year

TU Delft – Startup funding

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Goal

Improve the availability of early-stage capital for TU Delft startups and spinoff companies to cross the valley of death.

Funding instruments

• Pre-seed funds for start-up companies (personal loan / soft loan of 15k Euro; total fund of 2 MEuro, revolving)

• Proof-of-Concept fund for developing prototypes or proof-ofconcepts (between 100k and 250k Euro investment; total fund of 2 M Euro)

• 3 Seed investment funds:

• Mainport Innovation Fund (8 M Euro)

• Dutch Greentech Fund (20 M Euro)

• ICOS Capital Cleantech earlystage fund II (11 M Euro)

• All between 500k Euro to 1.5 M Euro investments

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TU Delft – Startup funding

• Pre-seed fund

– Collaboration between Rabobank and TU Delft. 50% of the fund is guaranteed by the Dutch government – 50% of the risk has been covered.

• Proof-of-concept fund

– Collaboration between Rabobank and TU Delft. 50% of the risk is covered by the Dutch government. Fund takes share in company.

• Mainport Innovation fund

– Partners are TU Delft, KLM, Schiphol and Rabobank. 50% of risk is covered by the Dutch government. Fund takes share in company.

• Dutch Greentech fund

– Partners are TU Delft, WWF, Rabobank, Wageningen University. Fund takes share in company

• ICOS Capital Cleantech earlystage II.

– Partners are ICOS capital, CSM, BAM, Imtech and TU Delft. 50% of risk is covered by the Dutch government. Fund takes share in company.

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TU Delft – Startup funding

• Pre-seed loans: on average 30 loans /year provided

• TU Delft is shareholder of more than 20 spinoff/startup companies (IPR related, direct investments)

• ICOS Capital cleantech earlystage fund:

– Greenclouds, Dutch Rainmaker, Bio-Actor, Biaqua (TUD) en

Photanol BV., Re-Steel (TUD)

• Mainport Innovation fund:

– Casper BV, Multi Pilot Simulations, EC Solution Group BV en Ampyx Power (TUD).

• Dutch greentech fund:

– Alert solutions (TUD), Ampyx Power (TUD), Protix biosystems, Meatless

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10. Main challenges

• Executing the new ROM-development and investment fund at the region

• Consolidating the network and cleantech cluster

• Increasing the number of students and researchers participating in awareness and entrepreneurship education

• Location and space for growth-companies at Technopolis

• Attracting international cleantech companies to settle in the region and locate their R&D facilities and offices there

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11. Conclusions

• A weak national agenda on greening the economy – short term and lack of R&D funding and capacity building

• A strong regional economic growth agenda with a focus on Cleantech.

• Dedicated long-term support by the City of Delft (knowledge economy and startups)

• A dense network of long-term collaborating triple-helix partners (NGOs, regional government, incubators, universities, science parks, banks, companies, research institutes, consultancy companies, and VCs)

• Good cluster infrastructure and test/demo facilities in the region (science parks, business parks, research facilities)

• Dedicated cluster development organization (ROM and CTD)

• Dedicated entrepreneurship education program (DCE)

• YES!Delft incubator with access to capital, knowledge and networks

• Good availability of Proof-of-Concept funding, Seed funding, and VC

Thanks for your attention!

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