Synopsis:
Entrepreneurship: Business plan:
(Focus) Eunika Mercier-Laurent-The Innovation Biosphere_ Planet and Brains in the Digital Era-Wiley-ISTE (2015).pdf.txt
in addition to realistic business plan. Public and private actors are offering speed dating hoping to match demand of large companies
2012 Evaluation_of_Enterprise_Supports_for_Start-Ups_and_Entrepreneurship-Publication.pdf.txt
Enterprisestart (ES1) and Enterprisestart2 (ES2) facilitate the sourcing Of high Potential ideas and business plans at a relatively low cost of provision.
create the business plan, make the first sale and get to the point of being investor ready.
Enterprise Ireland†s funding contribution is in the form of equity towards the implementation of a business plan.
The Innovative HPSU offer provides funding of a business plan and is similar to a Venture capital approach.
Clients receive funding towards the achievement of an overall business plan, rather than funding towards discrete elements of a business plan,
such as R&d or Management Development. Target Population Enterprise Ireland identifies three general types of HPSU clients,
and business plans that would not otherwise have been captured and fully exploited. In the case of the CORD, a high proportion of surveyed HPSU/CORD participants ascribe the CORD support as being instrumental in their becoming an Enterprise Ireland HPSU client. 12 16 6 0 2 4
and business advice to potential entrepreneurs to assist them in developing their business idea into a tangible business plan.
and to ensure potential entrepreneurs are able to formulate a business plan and understand their value proposition.
106 are still developing their business plans; and 106 have decided not to pursue their business plan to date
but may do so in the future. So far in 2011, out of 156 participants: 25 are HPSUS/Pre HPSU clients of Enterprise-Ireland 4 transferred to the CEBS 55 are still developing their business plans 46 have decided not to pursue their business plan to date
but may do so in the future 26 have not yet been tracked. 4. 9 Findings & Conclusions Appropriateness It is clear that the function of the Enterprise START programme is aligned well with the prevailing policy objectives of stimulating regional entrepreneurship, in pursuit of future HPSU development and export performance.
Outputs Modular-based programmes run by the four BICS, Participants†assessment of own value propositions and where appropriate, business plans.
Efficiency and Effectiveness The potential strength of the feeder programmes to the HPSU supports is the availability of a source Of high Potential ideas and business plans at relatively low cost
Outputs Number of participants, Number of investor ready business plans,(Phase II as proxy) Number of HPSUS.
The Grant evaluation focused on the progression of participants to develop business plans and/or become High Potential Start-ups
and/or expertise to translate these initial ideas phases into investor ready business plans and from there to full scale development and commercialisation.
and entrepreneurs so that they can develop their business plans such that they can attract investment, develop their product/service for the export market
84%11 110%Total Participants 45 25 Number of investor ready business plans The Grant Connections review did not specifically assess the numbers of participants that went on to develop investor ready business plans.
However, developing a business plan is a central activity of Phase II and the numbers of participants that complete this phase can be taken as a proxy for the development of an investor ready business plan.
As such 14 participants from Propel One and 11 participants from Propel Two developed investor ready business plans exceeding the operational target by 40 per cent and 10 per cent respectively.
Furthermore, of the ten Phase I participants surveyed by Grant Connections, nine went on to develop their business plans.
FORFÃ S EVALUATION OF ENTERPRISE SUPPORTS FOR START-UPS & ENTREPRENEURSHIP 73 Chart 6. 2: Extent to which Propel benefitted the development of your business-Survey Respondents Propel One & Two:
there is likely to be associated some deadweight with Propel as companies/entrepreneurs can develop business plans without participation on the programme.
As a result, Propel reduces the time taken to develop the business plan in the first instance
However, Enterprise Ireland actively tracks the progress of the participants on the programme particularly in terms of business plan development
and A high proportion of other attendees are in the process of developing business plans and are still in contact with their Regional Executives in Enterprise Ireland. 7. 8 Findings
However, they do cover issues such as intellectual property management and business plan development which may be of benefit to the Ideagen target audience as well.
However, there is evidence that a number of participants on the programme have gone on to fully develop their business plans
According to the US National Venture capital Association â€oefor every 100 business plans that come to a VC firm for funding,
the development of robust business plans. 8. 5 Inputs & Implementation â 250 million has been committed by Enterprise Ireland to date across the two Schemes as follows. 2007†2012:
and preparing a business plan; Employment grants to meet part of the cost of taking on additional staff.
and preparing a business plan Priming grants for new start ups and firms in their first 18 months of existence;
who can demonstrate a solid business plan, for a period of 18 months at a rate of â 590 per month (in 2009).
Some allowance for the likely future impact of the programme was sought through assessing the business plans of the participants Stakeholders and participant consultations:
of the programme on the future of the participant†s Business plans Two separate questionnaires were designed
The focus is on ensuring that their business plan is developed well and investor ready so that they can secure external finance.
and training over an 18 month period to enable participants to develop their business plan and become investor ready.
and mentoring to help companies develop their business plan. This support is provided in the Linkã ping region of Sweden through the Centre for Innovation and Entrepreneurship
2012 Flanders DC Open Innovation in SMEs.pdf.txt
however, that SMES should wait to innovate until they have a full business plan. Game-changing business model innovations cannot be planned analytically
SMES should wait to innovate until they have a full business plan. Game-changing business model innovations cannot be planned analytically
After analyzing the idea and zero order business plan, he concluded that synthesizing flavor and flagrances using DSM€ s biotechnological process was a promising, game-changing innovation.
Second, Toine Janssen had to secure the required investments for his start-up once the business plan was drafted.
demonstrating that he understands how to present a business plan that makes sense for all parties.
Remember, we are not talking about a business plan for the next five or 10 years. What you need is a strong idea for a new product or business.
2014 Irish Government National Policy Statement on Entrepreneurship in Ireland.pdf.txt
HPSU Feasibility Study Used to investigate the viability and potential of an innovative/high potential startup and the development of an Investor-ready Business plan.
When companies have developed a well business plan and are â€oeinvestor-ready†they can also access the following supports to facilitate the implementation of company business plans:
National Policy Statement on Entrepreneurship in Ireland 35 Competitive Start Fund In the initial phase, early-stage startup companies can face difficulties in raising external financing.
Innovative HPSU Programme Allows Enterprise Ireland to offer equity investment to HPSU clients on a co-funded basis to support the implementation of a company†s business plans.
and potential of an innovative/high potential startup and the development of an Investor Ready Business plan. 2012: 138 projects supported 2012:
Enterprise Ireland offers equity investment to HPSU clients, on a co-funded basis to support the implementation of company business plans.
development impacts (EI evaluation feedback) n/a n/a Hi-Start Numbers run 1 2 Participant numbers 14 43 No. of investment ready business plans
2015 Ireland Action Plan for Jobs.pdf.txt
the effective implementation of its business plan and associated operational elements over the course of 2015 will be critical.
As part of the reporting on SME financing by the SME State Bodies group, the Cabinet Committee on Economic Recovery and Jobs will be updated on SBCI funding to the sector as the corporation implements its business plan through 2015.2015 Actions
Strategic Banking corporation of Ireland 66 Implement the SBCI Business plan for SME lending over the course of 2015,
and demand for credit the effective implementation of its business plan and associated operational elements over the course of 2015 will be critical.
Business plan for SME lending over the course of 2015. SBCI) 103 The Department of Finance and the Department of Jobs, Enterprise and Innovation will roll out an integrated export finance strategy in 2015 with financing products
It desperate of the Tradin ided to apply t of financial process throu in the applic business plan veloped a pu er team to ef pay for the se and Australia ping, becaus on the site a d
business plan and research strategy. The focus of the funding will be in the broad area of bioprocessing research
A NEW APPROACH TO INNOVATION POLICY IN THE EUROPEAN UNION.pdf.txt
The EIB chooses firms based on projects that appear mature enough to demonstrate the capacity to repay debt on the basis of a credible business plan.
Basedoc.scn
G#1v 12714 Business plan 0#2#business plan Business plan G#1v 12677 Capital 0#2#capital Capital
G#1v 12678 Competition 0#2#competition Competition G#1v 12715 Creative intelligence 0#2#creative intelligence Creative intelligence
Berlin_Adlershof.pdf.txt
business plan consulting; office and conference services; financial consulting for grants and loans; agency for advancement and financing
Catalonia 2020 strategy.pdf.txt
present a business plan in order to obtain certain university qualifications 6. 5. 2. Promoting business initiative, cooperatives and self-employed work
Conference_Documentation_Museums in the Digital Age.pdf.txt
designing a well-defined business plan outsourcing difficult and costly tasks and trying to gain new funding.
Deloitte_Europe's vision and action plan to foster digital entrepeneurship.pdf.txt
business plan must be submitted. In the UK, the Entrepreneurs†Visa was introduced in April 2011 to attract foreign,
-up capital, type of business, controlling interest, business plan requirements, etc. in order to guarantee a certain level of harmonisation across Member States
Design-Driven Innovation-Why it Matters for SME Competitiveness.pdf.txt
Develop an effective business plan to incorporate innovation at the core and improve business management, planning and strategic
Digital Opportunities_ Innovative ICT solutions for youth employment.pdf.txt
•create business plans •develop revenue and funding models •market and sell a new product or idea
DIGITAL SOCIAL INNOVATION The-Open-Book-of-Social-Innovationg.pdf.txt
to turn ideas into business plans (with the time costs then potentially turned into equity or loans
These will be translated into an economic or business plan, which details the service or initiative, how it will be provided, by whom, with what inputs, how
4. Business plan 5. Marketing3. Manufacturing 6. Sales2. Product 7. CEO1. Technology 8. Team12. Control 9. Board11.
axis (as we might expect in Silicon valley), along with the business plan the CEO and the financing axes.
108) Business plans. Business models together with business strategies then need to be turned into business plans. Although it is rare for a
social venture to be a straightforward implementation of a blueprint (it is much more like a process of discovery and unfolding), plans help to
Business plans cannot design the future, and few survive their first encounters with reality. But they
109) Business plan assessment methods. There are many methods that help to define business models and business plans. The Bell-Mason
methods from the field of venture capital, for example, provide a rigorous framework for paying attention to the many elements that together make
up a credible business plan, such as skills, marketing, and finance. Their model for new ventures has shown 12 axes in the diagram below.
In addition, the teams have to prepare business plans which demonstrate how the car can be taken to market immediately.
diligence packs (business plan, accounts, legal information, etc) to enable approaches to any funder 466) Philanthropic investment for growth such as the CAN Breakthrough
Business plans and models 59-63 Buying Solutions 91 Cadora, Eric 159 Cafã direct 68 Camp for Climate Action 120;
DIGITAL SOCIAL INNOVATIONThe_Process_of_Social_Innovation.pdf.txt
up an embryonic organization, rather than waiting for detailed business plans and analyses. The Language Line
DigitalBusinessEcosystems-2007.pdf.txt
instead of any such miraculous business plan, something else has emerged: the apparent willingness of proï t-seeking producers of
dsi-report-complete-EU.pdf.txt
Their first business plan stated â€oeevery project we build must be able to serve a million people for the
dsi-report-complete-lr.pdf.txt
Their first business plan stated â€oeevery project we build must be able to serve a million people for the
Enhancing the Competitiveness of SMEs in the Global Economy Strategies and Policies.pdf.txt
flexibility (within the limits of a business plan. Furthermore, venture capitalists speak the language of the entrepreneur, in contrast with the bureaucrats disbursing public funds
organisation (business plans vs. audit reports) is mutually beneficial. Furthermore this WK1 24 collaboration simplifies the administrative burden of the technology developer by allowing
for the exchange of audit reports, business plan evaluations, firm cross-references, and experience 2. Grants for business plan development and for nontechnical activities.
Since R&d grants are project based and often oriented towards the development of new technologies, SMES often
technology based firms are need especially in of business support †such as business plan development, venture coaching--rather than simply public financing (Chiesa & Piccaluga
Entrepreneurship, SMEs and Local Development in Andalusia.pdf.txt
Business services include training, business plan assessment, incubation, and sourcing funding. The Foundation keeps quite a targeted approach, unfolding
instance, the regional government of Madrid produced a business plan supportive of immigrants called †New Madrileã os, Future Entrepreneurs†after they realized that one out of four applicants for
business plan competition in which the winners spend three days training in the business incubators. In
ï Support the creation of business plans: approximately 2 500 of such them were supported ï Deliver basic business management:
entrepreneurship training, business plan, etc. as well as after initiation of activities (coaching mentoring, consultancy, etc Relevance to Andalusia and considerations for adoption
and a business plan to be devised that can provide a framework for incubator operations ï There are a number of different set up funding models
forfas-Regional-Competitiveness-Agendas-Overview.pdf.txt
IP negotiations, developing business plans, identification of sources of finance mentoring)( Fà S, EI ï§Harness the design and creative skills in the region through the establishment of skills
The programme has seen over 300 students submit business plans which are shortlisted to allow 15 finalists to pitch their business plans to the judging panel.
Throughout the year, they receive mentoring from dozens of companies in the Kerry region and hear from some of
forfas-Regional-Competitiveness-Agendas-Southeast%20vol%20II.pdf.txt
IP negotiations, developing business plans, identification of sources of finance, mentoring ï¿Recognising the resources of potential entrepreneurs from the farming community, and
Guide to Research and Innovation Strategies for Smart Specialisations.pdf.txt
and vetting business plans and loan applications was established to close the gap between validation of technology and
H2020 WP 2014-2015 Innovation in small and medium-sized enterprises Revised.pdf.txt
initial business plan based on the proposed idea/concept The proposal should give the specifications of the elaborated business plan,
which is to be the outcome of the project and the criteria for success Funding will be provided in the form of a lump sum of EUR 50.000.
growth underpinned by a strategic business plan. Activities should focus on innovation activities such as demonstration, testing, prototyping, piloting, scaling-up, miniaturisation
Proposals shall be elaborated based on an business plan either developed through phase 1 or another means. Particular attention must be paid to IP protection and ownership;
ICT and e-Business Impact in the Transport and Logistics Services Industry.pdf.txt
business plans and identities that becoming an integrated part of their electronic business customers†supply chain. The role of the order and its delivery is evolving to one that
InnoSupport - Supporting Innovation in SMEs.pdf.txt
8. 2. Business plan Development for Innovative products & services...178 9. Marketing of Innovation...184
business plan or in case this is not feasible a SWOT analysis must be done in order these priorities to
when drafting business plans and marketing strategies. A basic IP strategy would include at least the following policies
When asking for a loan from a bank, a well-developed business plan is important as this may convince
"-8. 2. Business plan Development for Innovative products & services page 178 of 271 8. 2. Business plan Development for Innovative products & services
Introduction A Business plan is an essential tool for anyone trying to obtain funding for an innovative project, re
-gardless of the type of funding, be it a grant application, approaching a bank for a loan, getting in con
The Business plan should be well-developed and robust, as this will be your way of presenting the
Business plan will need to convey the strength of your idea and how it can be implemented success
A Business plan normally covers a considerable amount of time, between 3 to 5 years and should show the various stages of the project during this period of time, including milestones
which a Business plan should address ï Project outcomes ï Existing market ï Target group ï Competition
a Business plan is an essential document. This document is what is presented to a potential source of funding
8. 2. 1. Structure of a Business plan...179 8. 2. 2. The Elements explained...181
"-8. 2. Business plan Development for Innovative products & services page 179 of 271 8. 2. 1. Structure of a Business plan
Structure The structure of a Business plan is not something that would be consistent in any context.
According to the purpose of the Business plan different sections may be stressed or omitted. Nevertheless, there are certain guidelines with regard to the structure of a well-developed Business plan.
The figure above shows an example of the structure of a Business plan, but the structure may vary according to the
nature of the project If you wish to have a look at sample business plans from real businesses you can go to
http://www. bplans. com/sp/businessplans. cfm This provides an extensive collection of 60 free sample business plans,
including executive summa -ries, market analysis summaries, management summaries, financial plans, etc "Innosupport: Supporting Innovation in SMES
"-8. 2. Business plan Development for Innovative products & services page 180 of 271 "Innosupport: Supporting Innovation in SMES
"-8. 2. Business plan Development for Innovative products & services page 181 of 271 8. 2. 2. The Elements explained
Elements that will be required in most Business plans are listed below The product/service If one is asking for funding
in order to develop or market a particular product or service then it only makes sense that the product/service in question is presented
Business plan should also introduce the main staff that will be involved in the project The information on the personnel should include the roles of each involved member of staff and the
"-8. 2. Business plan Development for Innovative products & services page 182 of 271 Strategic planning, marketing, financial information and sales forecasts
A detailed plan of the entire project should form part of the Business plan. This plan should illustrate
The most important thing about a Business plan is that it is feasible, because it â€oesells†the company
"-8. 2. Business plan Development for Innovative products & services page 183 of 271 8. 2. 3. Tips
Business plan ï Use clear and simple language †the person that will read the Business plan may not be an
expert on the area of your project, so avoid the use of jargon or technical language
ï Present the Plan professionally †the Business plan is an important document and this should
and persuasiveness of the Business plan will in most cases determine whether an application for funding is successful or not
studies and guides on financing, Business plan writing, budgeting and much more "Innosupport: Supporting Innovation in SMES
8. 2. Business plan Development for Innovative products & services 8. 2. 1. Structure of a Business plan 179
8. 2. 2. The Elements explained 8. 2. 3. Tips 9. Marketing of Innovation 9. 1. Optimising and controlling the acceptance of an Innovative ï¿
INNOVATION AND SMEs HORIZON 2020.pdf.txt
initial business plan based on the proposed idea/concept The proposal should give the specifications of the elaborated business plan,
which is to be the outcome of the project and the criteria for success Funding will be provided in the form of a lump sum of EUR 50.000.
growth underpinned by a strategic business plan. Activities should focus on innovation activities such as demonstration, testing, prototyping, piloting, scaling-up, miniaturisation
Proposals shall be elaborated based on an business plan either developed through phase 1 or another means. Particular attention must be paid to IP protection and ownership;
INNOVATION AND SMEs STRATEGIES AND POLICIES.pdf.txt
flexibility (within the limits of a business plan. Furthermore, venture capitalists speak the language of the entrepreneur, in contrast with the bureaucrats disbursing public funds
organisation (business plans vs. audit reports) is mutually beneficial. Furthermore this WK1 24 collaboration simplifies the administrative burden of the technology developer by allowing
for the exchange of audit reports, business plan evaluations, firm cross-references, and experience 2. Grants for business plan development and for nontechnical activities.
Since R&d grants are project based and often oriented towards the development of new technologies, SMES often
technology based firms are need especially in of business support †such as business plan development, venture coaching--rather than simply public financing (Chiesa & Piccaluga
Innovation capacity of SMEs.pdf.txt
and their innovation capacity should be included within the companies†Business plans. Another example from the Creative Industries sector:
Innovation driven growth in Regions The role of Smart specialisation.pdf.txt
Flanders developed a business plan for the FISCH initiative, involved the stakeholders from the wide business
of crucial steps which are laid down in FISCH€ innovation agenda, its feasibility study and business plan
Another initiative of both States is the common Business plan Competition. Thanks to know -how transfer, coaching, networking and competition,
Innovation_in_SMEs._The_case_of_home_accessories_in_Yogyakarta__Indonesia_2013.pdf.txt
willingness to invest, access to finance, management capability and business plans. The last step is to exploit the transformed knowledge and routines.
Outline business plan for Yogyakarta (unpublished Pitelis, C, . and D. J Teece. 2009. The (new) nature and essence of the firm.
*Business plan available *Constraint subcontractor capacity Constrain capacity staff Constraint access to finance Invest X. 353/.000.408/.000.131/.426.120/,488.124/.466
Business plan. 577/.000.629/.000 x. 304/.026.220/.183.101/.795 Constraint subcons 131/.426.269/.028.304/.026 x. 203/.042.207/.038
*Investment, borrowing and business plan significantly associate with each other and were computed into a new variable The three constraints do not associate significantly with most others
Mid-WestResearchandInnovationStrategy2014-2018.pdf.txt
and to devise business plans for investors •To encourage collaboration between Local Enterprise Offi ces, Enterprise Ireland and the Offi ce
by LEOS to enable them to develop business plans for investors Table 7. 1 Interim Research & Innovation Indicators
National Strategy on Digital Agenda for Romania.pdf.txt
business, to create a business plan exploring financial opportunities 2. Evidence of qualification confirming general management
NHS Prescription Services - the impace of legacy ICT - National Audit Office UK 2013.pdf.txt
10 NHS Business Services Authority Business plan 2012/13, available at http://www. nhsbsa. nhs. uk/Documents/NHSBSAANNUALREPORTS/NHSBSA BUSINESS PLAN -2012-13
refreshed to improve consistency with the corporate strategy and business plan. This is being discussed at a senior level within the organisation and with representatives
Open Innovation 2.0.pdf.txt
Business plan Project Research Studies ongoing Contests Business Ideas Forums, etc†Ideas Management Pre-Incubation Stage Incubation Stage Post-Incubation
•Business plan •Coaching/Team creation •Assess the attractiveness and the potential of the idea
business plans. The latter was introduced in 2012 in order to stimulate development of a cross-KIC agenda. Ultimately, this means that a KIC€ s open
-aged by CEOS, follow business plans and are governed by their respective Governing or Supervisory Boards Ownership, accountability and personal risk taking are
needs a business plan that outlines its expected tra -jectory towards creating value for its stakeholders
partners, business plans. After first contacts with OSEO that was The french public fund devoted to finance Innovation, we decided to change the scale
and support for business plan -ning and development •Full commercialisation support for grantees who successfully graduate from the programme
Needs Filtering and Business plans, Brainstorm -ing and Prototyping, Business models and Finance Concept Development & Implementation, how to
build a robust business plan around the developed prototype, Intellectual Property and Regulatory Affairs, Reimbursement Strategy, Sales, Marketing
Open innovation in SMEs - Prof. Wim Vanhaverbeke.pdf.txt
have a full business plan. Game-changing business model innovations cannot be planned analytically because many of the variables relevant to their success are unknown at the o utset.
ï However, SMES should wait to innovate until they have a full business plan. Game-changing
business plan, he concluded that synthesizing flavor and flagrances using DSM€ s biotechnological process was a promising, game-changing innovation.
Second, Toine Janssen had to secure the required investments for his start-up once the business plan
demonstrating that he understands how to present a business plan that makes sense for all parties.
Open-innovation-in-SMEs.pdf.txt
have a full business plan. Game-changing business model innovations cannot be planned analytically because many of the variables relevant to their success are unknown at the o utset.
ï However, SMES should wait to innovate until they have a full business plan. Game-changing
business plan, he concluded that synthesizing flavor and flagrances using DSM€ s biotechnological process was a promising, game-changing innovation.
Second, Toine Janssen had to secure the required investments for his start-up once the business plan
demonstrating that he understands how to present a business plan that makes sense for all parties.
Policies in support of high growth innovative smes.pdf.txt
-essary, business plans and a new business strategy need to be developed, core competencies and organi -sation structure need to be aligned with emerging business processes.
are weak in formulating business plans for innovative products and services. The SMRJ has been tasked, in a fine tuning of the SME Technological Advancement Act, with improving the capacity of SMES to develop
feasible business plans. Since writing a business plan is as much an art as a science, in coordination with
the METI Industrial Cluster Plan, the SMRJ often introduces an innovative SME to local clusters of small and
and support their business plan Addressing barriers in commercialising new products Access to finance is important in launching SMES on pathways to innovation;
and writing a business plan. In 2009, the supports given by the programme amounted to approximately 4, 600,000 US dollar
-neurs build an investor-ready business plan. Once a HPSU has developed a sound business plan and identified
http://www. enterprise -ire -land. com/en/funding -**Policies for high-growth innovative SMES v1. 6
Policies in support of high-growth innovative SMEs - EU - Stefan Lilischkis.pdf.txt
-essary, business plans and a new business strategy need to be developed, core competencies and organi -sation structure need to be aligned with emerging business processes.
are weak in formulating business plans for innovative products and services. The SMRJ has been tasked, in a fine tuning of the SME Technological Advancement Act, with improving the capacity of SMES to develop
feasible business plans. Since writing a business plan is as much an art as a science, in coordination with
the METI Industrial Cluster Plan, the SMRJ often introduces an innovative SME to local clusters of small and
and support their business plan Addressing barriers in commercialising new products Access to finance is important in launching SMES on pathways to innovation;
and writing a business plan. In 2009, the supports given by the programme amounted to approximately 4, 600,000 US dollar
-neurs build an investor-ready business plan. Once a HPSU has developed a sound business plan and identified
http://www. enterprise -ire -land. com/en/funding -**Policies for high-growth innovative SMES v1. 6
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