catalysts and accelerators of exploration and exploitation dynamics) that could substantially empower any Quadruple Helix RIS3 strategy (26)( see Figure 3). Figure 3: 48 O P E N I N
The Start-up Sauna a business accelerator that is still run by young enthusiasts but now funded by government,
The centrepiece of their innovation system is a collection of business accelerators, partly funded by the government and partly by private enterprise,
Could it act as a facilitator and accelerator of different kinds of flows across the Triangle?
Grantees who successfully graduate from the programme with a marketable application will receive support for access to finance (accelerator, business angel and venture capital investment) and access to international markets.
Further European countries with such policies include Estonia (Estonian Development Fund), France (Gazelles Programme, France Gazelles fund), Ireland (High tech Startup programme), Netherlands (Growth Accelerator Groeiversneller),
The backbone of the programme is formed by the Vigo Accelerators, carefully selected independent companies run by internationally proven entrepreneurs and executives.(.
The Accelerators are not consultants--they are co-entrepreneurs who invest in the companies they work with to guarantee common goals
and passionate development effort. 72 The Accelerators and other programme participants use their networks to funding sources,
The Accelerators select their target companies and negotiate the agreements with them independently. The incentive for the Accelerators is the growing value of the target companies
which the Accelerators can realise when exiting their investments. The Accelerators can also charge a monthly acceleration fee from the target companies
which can be covered by Tekes. The acceleration period lasts 18 to 24 months. At the end of this period
the target company should be able to perform fast international growth. The Accelerators were selected from the best applicants in their respective fields in a public procurement process.
In mid-2011 there were six Vigo Accelerators. There is a Tekes funding programme for young innovative growth companies in.
In 2008 and 2009 in total 50 enterprises were funded. This funding is intended for small early-stage enterprises with impressive plans and the resources necessary for international growth.
Policies for high-growth innovative SMES v1. 6 37 Finnish Vigo Accelerators are even more than coaches,
The backbone of the programme is formed by the Vigo Accelerators, carefully selected independent companies run by internationally proven entrepreneurs and executives.
These Accelerators help the best and the brightest startups to grow faster, smarter, and safer into the global market.
The Accelerators are not consultants--they are coentrepreneurs who invest in the companies they work with.
Accelerator Groeiversneller programme (IP and Ministry of Economic Affairs. Objective: To support 100 companies in achieving a turnover growth of several million to at least €20 million in five years'time.
Further European countries with such policies include Estonia (Estonian Development Fund), France (Gazelles Programme, France Gazelles fund), Ireland (High tech Startup programme), Netherlands (Growth Accelerator Groeiversneller),
The backbone of the programme is formed by the Vigo Accelerators, carefully selected independent companies run by internationally proven entrepreneurs and executives.(.
The Accelerators are not consultants--they are co-entrepreneurs who invest in the companies they work with to guarantee common goals
and passionate development effort. 72 The Accelerators and other programme participants use their networks to funding sources,
The Accelerators select their target companies and negotiate the agreements with them independently. The incentive for the Accelerators is the growing value of the target companies
which the Accelerators can realise when exiting their investments. The Accelerators can also charge a monthly acceleration fee from the target companies
which can be covered by Tekes. The acceleration period lasts 18 to 24 months. At the end of this period
the target company should be able to perform fast international growth. The Accelerators were selected from the best applicants in their respective fields in a public procurement process.
In mid-2011 there were six Vigo Accelerators. There is a Tekes funding programme for young innovative growth companies in.
In 2008 and 2009 in total 50 enterprises were funded. This funding is intended for small early-stage enterprises with impressive plans and the resources necessary for international growth.
Policies for high-growth innovative SMES v1. 6 37 Finnish Vigo Accelerators are even more than coaches,
The backbone of the programme is formed by the Vigo Accelerators, carefully selected independent companies run by internationally proven entrepreneurs and executives.
These Accelerators help the best and the brightest startups to grow faster, smarter, and safer into the global market.
The Accelerators are not consultants--they are coentrepreneurs who invest in the companies they work with.
Accelerator Groeiversneller programme (IP and Ministry of Economic Affairs. Objective: To support 100 companies in achieving a turnover growth of several million to at least €20 million in five years'time.
synchrotrons, X-ray free-electron-lasers, ion accelerators and large optical laser equipment at an increasing rate and an ever better efficiency.
FAIR FAIR is a legally independent, extreme intensity heavy-ion and antiproton accelerator and storage ring system under construction in the GSI site of Darmstadt with the cooperation of 8 EU member states
SPIRAL2 The SPIRAL2 accelerator soon to be commissioned in Caen, France, at the site of GANIL centre will enable the production of radioactive beams of rare isotopes.
The accelerator will host a basic research of nuclear physics into the production and examination of hitherto unknown isotopes;
and training local entrepreneurs Attraction programs for international entrepreneurs Combination of both programs in a business accelerator 3. Progressive dynamizationof private investment towards those areas Collaboration and joint venture agreements
to establish accelerators and mentoring facilities for start-ups; to support web entrepreneur camps, good practices exchange, peer review, studies,
For the ICT cluster, it would be helpful to expand the range of services offered by incubators and business accelerators,
develop business accelerators and adapt incubators to the needs of the ICT sector; helping firms connect with global customers;
and business accelerators should be expanded. While there is agreement regarding the usefulness of incubators and business accelerators,
it was highlighted during discussions that in order to be useful these infrastructures also need to provide other services, such as information about the sector and the clients,
and business accelerators Support to mentorship programs Support the connection between angel investors and potential entrepreneurs (public action to research the market
expansion of services offered by incubators and business accelerators; support for mentorship programs; support for the connection between angel investors
the Funding for Young Innovative Enterprises programme (NIY) and the Startup Accelerator scheme (VIGO. Funding for Young Innovative Enterprises and Start-up Accelerator The Funding for Young Innovative Enterprises programme aims to increase the number of enterprises that seek fast growth and internationalisation.
The selection criteria for the funding programme focus on the applicant's capabilities and potential, the quality and potential of the business idea, ambition and potential for growth and international markets, the team's and owners'commitment,
Under the Start-up Accelerator scheme, a number of qualified, private start-up accelerators are committed to providing potential growth enterprises with world-class expertise and access to substantial,
The first three start-up accelerators were selected by a steering committee in June 2009. These accelerators are focusing on growth enterprise development in different industries that include:
life sciences, information and communication technologies, media technologies and spin-offs from research projects. Another two or three private accelerator partners are to be selected,
which will target innovative start-ups in the clean tech, energy, services and welfare areas. 2. FINLAND SMES, ENTREPRENEURSHIP AND INNOVATION OECD 2010 61 Finland A. Structural indicators on enterprise
s (e g. labs for social innovat ion) Mentoring and coaching Bu siness deve lo p m ent support (e g. accelerator progdrammes) Peer to peer support Professional services of various
An FPGA based hardware accelerator has been developed for PLA 24 accelerating cryptographic operations. Security Design for an Inter-Domain Publish/Subscribe Architecture 171 Fig. 1. Publications can refer to other publications persistently using long-term Aids.
and day courses and is generally an animator of new environmental technology. 299) Innovation accelerators bring people together to quicken the initial stages of innovation.
185 Accelerators 135 Accountability 3; 68-69; 152-155; 173-175 Accounting 71; 74; 75;
and job creation (see, for example Startx, Stanford's student start-up accelerator, which in less than a year 6 trained 90 founders and 27 companies4,
and financing A growing number of European accelerators and incubators can combine financial support with networking, mentorship and physical space for entrepreneurs.
the number of incubators and accelerators has increased at an annual rate of 29%to an overall number of 260 start-up programmes in Europe,
Accelerator: provision of pre-seed investment, usually taking a minority share in the start-up; start-ups profit from both events and mentoring.
Salido, Sabás and Freixas (2013), The Accelerator and Incubator Ecosystem in Europe, Telefonica. Creating and aligning partnerships between companies,
Jorge Fernandes, Vice-president, Innovation Program Office, DSM Telefonica Wayra is an accelerator programme with a strong brand and a global approach.
The Vigo accelerator programme for innovative, high-growth companies has attracted a great deal of direct foreign investment in Finnish start-ups.
including representatives of schools, civil society, universities, business angels, accelerators, incubators, venture capitalists and corporate intrapreneurs.
There will be an interesting tier of companies who are not in a position to create their own accelerator or incubator;
however, require stronger early seed-stage funding as pointed out in Salido, Sabás and Freixas (2013), The Accelerator and Incubator Ecosystem in Europe, Telefonica, p. 2. 41.
See the policy recommendations of the recent report Salido, Sabás and Freixas (2013), The Accelerator and Incubator Ecosystem in Europe, Telefonica. 43.
such as industry accelerators to speed up a new generation of information technology and creative design services, great project amplifiers to promote the new and high-tech industry clusters,
We see the network as the critical accelerator and enabler in all of these transitions, transforming processes to increase efficiency and decrease costs.
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