Financially sustainable creative incubations units


DIC 12
Report of the "Investment Forum 2012"

17 October 2012, Istanbul – Turkey

The 2012 NEM Summit has hosted on October 17, 2012 the first “European MediaTech Investment Forum” an event organised by Media Deals with the support of the European Commission (DG CONNECT), as part of the European Commission’s policy to encourage the transfer of results from research and innovation to the market.

Ten European SMEs and entrepreneurs specialized in Networked Electronic Media developments, and selected on the basis of applications to be submitted a couple of weeks prior to the meeting have presented their business concepts (in 7’ sharp!) to a group of European investors carefully chosen to fit to companies’ and projects profiles and needs for investment.

The event was successful and reached its overall objective to more efficiently engage innovative SMEs with investors from across Europe. In the next weeks and months several of these invited SMEs should report an effective impact (on the next round of funding) of their participation in the event.

You can access a more detailed event report at:

DIC 12
KreaNord – Nordic Creative Economy -  presents himself during the second meeting of ECIA platform

30 November 2012, Copenhagen – Denmark

During the open session of the second ECIAp (European Creative Industries Alliance political platform) meeting, held the 30th of November in Copenhagen, KreaNord has presented its initiatives.

KreaNord is a Nordic initiative designed by the Nordic Council of Ministers relized through a collaboration between the Nordic Ministers of Business Affairs and the Ministers of Culture, to improve the growth prospect for the region's cultural and creative industries. The initiative promotes the Nordic region as a centre for cultural and creative industries.

The aim of KreaNord is to develop and promote the Nordic region as a centre for cultural and creative industries, with a focus on network activities, development activities, promotion and political recommendations.

KreaNord has formed a Nordic platform for the exchange of knowledge and policy development, which will provide a Nordic political framework for focusing all Nordic as well as national initiatives in the realm of cultural and creative industries.

The political raccomendations designed to achieve the greatest Nordic synergy, are divided in policy areas wich can be read as strategic line of action.

  • Promotion of strategic collaboration within the Nordic cultural and creative industries and with other sectors for value creation, innovation and growth.
  • Promote new opportunities for access to global markets, financing and attractionh of foreign investments for the Nordic cultural and creative industries.
  • Promote cultural and creativity in Nordic education at all levels and entrepreneurship and business skills in cultural and artistic education.

DIC 12
Info day at Western Greece Region about Smart Specialisation

3 December 2012, Patras, Greece

Western Greece Region organized at 3 December 2012 in Patras an info-day about Smart Specialisation. Smart Specialisation is a strategic approach to economic development through targeted support to Research and Innovation (R&I). It will be the basis for Structural Fund investments in R&I as part of the future Cohesion Policy's contribution to the Europe 2020 jobs and growth agenda. More generally, smart specialisation involves a process of developing a vision, identifying competitive advantage, setting strategic priorities and making use of smart policies to maximise the knowledge-based development potential of any region, strong or weak, high-tech or low-tech.

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Western Greece Region is among the 3 regions of Greece which have joined the S3 platform (

The info-day was actually a broad brain- storming between several stakeholders, research institutes and policy makers. There were 5 thematic subjects concerning new technologies, sustainable development, the agro-food sector, tourism /education/culture end finally new ways of entrepreneurship. The case of business incubators as also hubs, clusters, Key Enabling Technologies (ΚΕΤs), clusters were at the frontline of the interest.
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The info-day opened with speech by Mr Apostolos Katsifaras, Head of Western Greece Region, pointing out the importance WGR shows for new models of entrepreneurship based on innovation and specialised networks.

All the members of WGR’s INCOMPASS Regional Implementation Group (RIG) – formed at the 1st meeting of July 2012 – had invited to the info-day. There were interventions/suggestions by members of INCOMPASS project from Western Greece Region and University of Patras.

The info-day will be a basis for enriching the RIG’s composition, connecting and intergrading different European financial tools. The second meeting of INCOMPASS Regional Implementation Group (RIG) will be held up to 10 January 2013 at Patras.

DIC 12
Round table “Culture and Entrepreneurship – Best Cases from Sofia”

12 Octubre 2012, Betahaus | Sofia – co-working space
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An ambitious round table event was organized in the city of Sofia on 12.10.2012 under the slogan “Culture and Entrepreneurship – Best Cases from Sofia” at Betahaus|Sofia. The initiative falls within the scope of "The intersection of Culture and Entrepreneurship – Best Cases from Sofia" project, developed by the Foundation for Urban Projects and Research and Sofia Municipality programme “Europe”. In that regard, the main focus of the gathering was directed at the presentation of variety of good examples for efficient and successful blends of culture and business in the different creative industries’ sub-sectors concentrated on the territory of the Bulgarian capital.

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Nine creative organizations’ presentations took place across three of the panels of the round table agenda: Rockacoca, Electric Force, Sprite Graffiti Fest, Time Аrt, Praktrik, Game Craft, Derida Dance Center, + tova and Shop By Many. The young entrepreneurs had the chance to touch upon good practices and pressing issues in respect to the topics Creative entrepreneurs and young audiences, Creative entrepreneurs and the new technologies and Spaces for creation and Spaces for selling.
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The forth panel was devoted to the guest of honour – Mr. Leo van Loon. He readily shared his experience as co-founder of the incubator Creative Factory Rotterdam and the European Creative Business Network and introduced effective formulas for stimulating creative entrepreneurship.
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The conceptual round table also extensively aimed at raising extra awareness about the creative industries’ great and mostly untapped potential among the responsible local authorities and the local society. In that regard, approximately 100 people attended the four panels of the creative convention and took active part in the thematic discussions, which were conducted. The representatives Sofia Municipality – Dr. Todor Chobanov, Deputy mayor on culture and education and InCompass project manager, other “Culture” directorate experts and Mrs. Irina Yordanova as Chair of the standing committee on European questions and civil society relations, engaged exclusively in various talks regarding the identified existing hurdles and barriers before the development of the creative entrepreneurship in Sofia.
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DIC 12
Part Incubator, Workspace & Code School, Galvanize Wants To Turn Denver Into A Startup Hub

9 November 2012, Denver, Colorado, USA.

Galvanize is a 30,000-square-foot workspace for digital startups that recently opened in downtown Denver. While most of Colorado’s entrepreneurial energy emanates from Boulder, the Galvanize founders are on a mission to bring Denver into the conversation by creating a shared workspace that will accommodate over 300 individuals and approximately 60 to 70 startups once it’s fully operational.

Jim Deters, the founder and Managing Director of Galvanize, says that the idea was inspired by other national startup communities and workspaces like RocketSpace in San Francisco and 1871 in Chicago. It offers support and office space for every phase of the business development process, from a shared area for small, one-or-two person teams in the ideating phase to suites for 10-person startups.

Less than a month since the space officially opened, Galvanize already counts over 125 residents from both native Colorado and national companies, like Uber, Roximity, GoSpotCheck and Forkly, along with “honorary members,” (i.e. mentors) like TechStars founders Brad Feld and David Cohen and Associated Content founder Luke Beatty, who will be holding (somewhat) regular office hours to help advise up-and-coming Colorado startups.

For more details please visit:

DIC 12
The Contribution of the Arts and Creative Industries to the Scottish Economy

26 November 2012, Dundee.

Creative Scotland and Scottish Enterprise commissioned CD Research, cogentsi and Pirnie Ltd to undertake research to obtain a comprehensive and robust picture of the contribution of the Arts and Creative Industries to the wider Scottish economy. The resulting report (Economic Contribution Study: An approach to the economic Assessment of the Arts & Creative Industries in Scotland) was published in June 2012. They study is not only useful in understanding the economic contribution of the sector but also to developing an understanding of the problems of defining the sector.

The study identifies sixteen industries that make up the sector in Scotland and compares with the thirteen historically utilised by the UK Department for Culture, Media and Sport.

The study addresses a range of additional, wider economic impacts, including direct, induced and tourism impacts of the Arts and Creative Industries. It also attempts to estimate some of the harder to capture employment related to the sector - such as roles in higher education and local authorities as well as those in creative occupations outside of the Arts and Creative Industries.

The Study concludes that the sector employs some 84,400 people in Scotland and makes a direct contribution of £3.2bn of Gross Value Added (GVA). If Heritage and Radio & TV are included GVA increases to £3.7bn. The Study estimates that the sector generates an additional £3.06bn turnover in indirect impacts (£1.35bn GVA) and an additional £2.22bn turnover in induced effects (£1.25bn GVA). An assessment of the contribution to tourism concludes this represents direct GVA of £280mn.

Whilst the impact of the sector is clearly significant the study is also of interest in terms of describing how official data has been used to build up a picture of the sector at a Scottish level. The study can be downloaded from the Scottish Enterprise Website:

DIC 12
EC launches a strategy to boost growth and jobs in CCIs!

The European Commission has recently launched a strategy that aims at boosting growth and jobs for the cultural and creative sectors in the EU. The Commission's new strategy aims to increase the competitiveness and export potential of these sectors, as well as to maximise their spill-over benefits for other areas such as innovation, ICT and urban regeneration. The Commission is calling for a range of actions to promote the right conditions for the cultural and creative sectors to flourish. They focus on skills development, access to finance, promotion of new business models, audience development, and access to international markets and improved links to other sectors.

With this strategy, outlined in a document entitled "Promoting cultural and creative sectors for growth and jobs in the EU", the Commission also wants to encourage stronger partnerships between different policies, in particular culture, education, industry, economic affairs, tourism, urban and regional development, and territorial planning. It also plans to mobilise EU funding to increase support for the sectors, notably through the proposed €1.8 billion 'Creative Europe' programme for 2014-2020 and through Cohesion Policy funds.

"Europe's cultural and creative sectors are not only essential for cultural diversity; they also contribute a great deal to social and economic development in our Member States and regions. At the local and regional level, strategic investments in these sectors have often delivered spectacular results, as exemplified by many European Capitals of Culture. They also produce important spill-over effects, as well as enhancing a dynamic image of an attractive and creative Europe which is open to cultures and talents from across the globe", pointed out the European Commissioner for Education, Culture, Multilingualism and Youth, Androulla Vassiliou.

According to the 2010 European Competitiveness Report and other sources, the cultural and creative sectors account for between 3.3% and 4.5% of GDP and employ between 7 and 8.5 million people. These sectors include companies and other organisations active in architecture, artistic crafts, cultural heritage, design, festivals, film and television, music, performing and visual arts, archives and libraries, publishing and radio. Evidence collected at European, national, regional and local levels confirms the economic importance of the sectors, which have shown a relative resilience in the current economic downturn and they are also facing major challenges, such as a changing environment driven by the digital shift and globalization, the difficulties in accessing to finance or a high fragmentation along national and linguistic lines.

DIC 12
Collaboration is the Key!

Collaboration is the key to open innovation and creativity is a key agent of collaboration. Based on this rationale, the INTERREG IVC projects CREA.RE, SEE Platform, ORGANZA, Creative Metropoles and InCompass have embarked on a process to intensify cooperation by examining the potential of joint activities.

The creative industries are the focus in each project and it quickly became evident that sharing experiences to develop a joint set of policy recommendations could enhance their impact. Consequently, in a workshop initiated and hosted by CREA.RE and moderated by SEE, the projects employed creative, inclusive and design techniques to share experiences of the barriers facing the better use of the CCI in Europe and generate proposals for tackling them. Some of the barriers stem from the most fundamental challenge of defining the creative and cultural industries and capturing their impact and analysing the metrics. Other thematic challenges then emerged relating to: skills, education and research; awareness, support and promotion; and regional and/or national governance and funding.

Key policy recommendations aimed at local, regional and national government as well as the European Commission were developed and included in a report that presents the key challenges to the better use of the CCI in Europe. This document is intended to be a think piece for discussion among the actors in Europe’s CCI arena and was validated by the INTERREG IVC projects representing over 60 European stakeholders. Above all, it is intended to be a living document for the projects to continue their activities beyond the end of their INTERREG IVC project funding and is open for adaptation and re-interpretation.

It was officially presented during the Final Conference of the CREA.RE project in Gent in November to the European Commission, represented by Mrs. Hélène-Diane Dage, Deputy Head of Unit, DG Enterprise and Industry and to the European Creative Industries Alliance, represented by its chairman, Mr. Rasmus Wiinstedt Tscherning, Managing Director of the Center for Experience Economy, Denmark.

You can download the report and reccomendations from the InCompass website at
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From left to right: Rasmus Wiinstedt Tscherning, Chairman of European Creative Industries Alliance; Esther Ruiten, ORGANZA coordinator; Anna Whicher, SEE platform coordinator; Steve Harding, Creative Metropoles coordinator; Andrew Mackenzie, InCompass project manager; Hélčne-Diane Dage, European Commission/ Deputy Head of Unit at DG Enterprise & Industry; Lucia Seel, CREA.RE project manager)

DIC 12
Greece, the host of the next InCompass Study Visit

After the Malmoe’s study visit, Greece’s study visit is being programmed around 1-15 June 2013 (exact dates to be defined regarding the Portugal’s study visit somewhere around 15-21/4 /2013 or 16-18/5/2013).

While the program has to be definite , there are two main organizations to visit:

1) Patras Science Park

PSP is an organization of a particular structure, establishing mechanisms and services primarily targeted on promoting the creation, operation and growth of "innovative firms". Firms may be characterized as "innovative" if their activities are based on innovative technology know-how. In other words, an innovative firm is focused on rapidly converting the results of scientific research into commercial success. For this reason, innovative firms are also known as "high growth enterprises".

2)Patras InnoHub

The InnoHub operates with the same high quality standard as the very successful and multiply awarded Athens InnoCenter, and is designed to accelerate the successful development of innovative companies in Western Greece through an array of business support resources and one-stop-shop services, developed and orchestrated by Hellenic Tecnology Clusters Initiative.  The InnoHub dedicates its resources primarily to start-up and early-stage companies, however, small & medium companies and corporates may also find here a cost-effective place to setup their branch offices to get access to Western Greece markets and Patras’ pool of talent.

NOV 12
InCompass Project Partner Meeting and Study visit in Malmö, Lund and Copenhagen
Image - PictureTillväxtverket, the Swedish Agency for Economic and Regional Growth,will host the next study visit covering Sweden and Denmark on 28-30 November and the Steering Group Meeting. The third study visit of the InCompass Project will present the Partners the successful creative incubators of Media Evolution City, MINC, Ideon and Danish Design Center.

OCT 12
INVESTMENT FORUM 2012 to take place during the 2012 NEM Summit in Istanbul

The European Commission (DG CONNECT), as part of the policy to encourage the transfer of results from research to innovation, announce the European Mediatech Investment Forum http://nem- to take place during the 2012 NEM Summit in Istanbul, October 17. 10 European mediatech SMEs and entrepreneurs will present their business concepts to European investors. During the NEM Summit a specific pitch session will be thus dedicated to support these 10 entrepreneurs to more efficiently engage with investors from across Europe, carefully selected to fit to companies’ and projects profiles and needs for investment in order to increase their chances to receive the next round of funding. European entrepreneurs (spin-offs from FP7 research projects, participating SMEs) seeking investment and willing to access European equity investors interested in their sector will be thus able to find the right environment to meet up and brainstorm with mediatech entrepreneurs and participants from FP7 research projects to discuss investment and partnership opportunities. Besides, entrepreneurs are offered the opportunity to individually get trained by sector experts and pitch in front of investors.

The interested parties are now welcome to submit applications to be considered for the upcoming event. Applications should be uploaded to the application platform at the following link by September 23:

SEP 12
Baltic Dynamics Conference in Lithuania

Regional Implementation Group (RIG) of InCompass project will meet for the second time on 14 September, 2012 during an international conference Baltic Dynamics 2012 which will be held on 13-15 September in Vilnius, the capital of Lithuania. The Conference is an annually organised initiative of Baltic countries aiming at a promotion of international co-operation in the fields of innovation, SMEs support and technology transfer. This year’s Conference will aim at a promotion of innovativeness among policy makers, business, science, education and society.

JUL 12
Media Evolution-The Conference 2012

The Media Evolution Conference, “Human behaviour in a digital world”, will take place on 21-24 August in Malmö (Sweeden) for the eighth year. The Conference is to inspire young creative entrepreneurs and to introduce them to potential clients and investors in Sweden and Denmark. The Conference has been proclaimed as one of the best places in Europe to find business intelligence about the trends in the new digital media landscape.

Conference web site click here

JUL 12
DLD Tel Aviv Conference

DLD Tel Aviv Conference is one of the events of Tel Aviv Festival. DLD Tel Aviv Conference will bridge the existing international community to Tel-Aviv based digital and business elite as well as creative minds and makers. DLD Tel Aviv Conference will become an active hub for exhibiting business opportunities, joint ventures and exchanging ideas.

more info

JUL 12
€8.1 bill. investment in research & innovation to create growth & jobs

The European Commission has today announced the final and biggest ever set of calls for proposals for research under its Seventh Framework Programme (FP7). In total, €8.1 billion will support projects and ideas that will boost Europe's competitiveness and tackle issues such as human health, protecting the environment and finding new solutions to growing challenges linked to urbanisation and managing waste. The funding - which is open to organisations and businesses in all EU Member States and partner countries - makes up the lion's share of the EU's proposed €10.8 billion research budget for 2013. This announcement comes just days after EU leaders emphasised the importance of research and innovation in the Compact for Growth and Jobs.

Source click here

JUN 12
Co-working in Milan

Milan municipality meets the co-workers

June 25, Milan municipality (General directorate Innovation, Economic Development and University) organized a workshop focused on co-working practices present in Milan system.

Main objective of the event was create a forum about the theme of co-working through which public authority can learn more about the needs coming from this new model of work and provide innovative tools and instruments to help this sector.

Apart from local experiences (ACTA, CoWo, Hub Milano and Make a Cube) European experiences: “Le cantine” from Toulouse and Betahaus from Berlin attended the workshop, presenting their model..

This event was organized within the framework “fondata sul lavoro – confronti a Milano” an important initiative dedicated at employment and careers issues.

For further information about the event click here.

JUN 12
The Best Countries for Innovation: A Fascinating View with a Few Surprises

As part of its Ideas Rountable, The Atlantic recently published the Innovation Barometer 2012, a GE-sponsored survey of 2,800 business executives from around the world. The resulting infographic on innovation provides a fascinating comparison of the differences in perception between members of developed nations and citizens of emerging countries, as well as the nuances among certain countries.

The differences follow some expected lines. The pace of innovation in emerging economies is considered adequate, while the pace of innovation in developed economies is significantly less likely to be deemed sufficient. The developing world may be innovating quicker, the survey found, but companies there are less likely to consider their countries' IP protection robust.
The survey focused on Australia, Brazil, China, Germany, India, Israel, Japan, Saudi Arabia, South Korea, Sweden, the United Arab Emirates, and the United States.

For more information please visit:

JUN 12
It’s a Start - Opportunity for cultural and creative industries

It’s a start is an interactive event born from the collaboration between Lombardy Region, Province of Monza e Brianza and Chamber of Commerce of Monza e Brianza within the framework of “Cultural district project” promoted by Cariplo foundation and CCALPS project (Creative Companies in Alpine Space financed by Alpine Space Programme).

During the morning were organized a round table about European, regional and local opportunities for creative and cultural industries, represents from European Commision , Lombardy region, Province of Milan and Milan municipality attended this session.

In the afternoon were selected 20 creative ideas, which will receive free advice for their business plan and the possibility to participate at Creative-camps within the project CCALPS.

For further information about the event:
For further information about CCALPS project

JUN 12
First graduates of the creative industries introduce themselves in their work

In 2008, Vilnius Gediminas Technical University (VGTU) has launched the first study programme for creative industries in Lithuania. June 27th 2012 is a date when bachelor diploma ceremony for 32 creative industries students is held and the exhibition marking four-year of creative activities is opened.

"Students were expressing themselves as well as rendered creative expressions initiated by academic environment during these four years of study. Creativity was one of an integrative force of student groups that shaped mobile and changing groups, and resulted in the multifaceted outcomes. Different personalities, diverse contexts and specific creative directions raises the difficult challenge for the composition of the exhibition, but the goal remains simple – to deliver creative projects and a variety of creative expressions realised in four years," - described a coordinator of forthcoming exhibition, a graduate of creative industries Ignas Petronis.

The exhibition consists of two parts. In the first part works emphasizing the creative artistic expressions are presented. Photographs, objects, installations, videos, graphics, and painting as well as works – embodied in ideas about art and its understanding of the visual style, media opportunities, cultural movements taking place in the field are exhibited in this section. The second part of the exhibition is both an antithesis and a supplement to the first part. Here are exhibited complete works, ideological sketches, individual self-expressions as well as practical creative works: projects implemented during the period of studies, advertisements created by students, music video clips, photos from the study tours and other objects that do not fit into defined categories. This part of the exhibition aims to reveal how creative ideas are born, grow and mature as well as how students' creativity was expressed, and what were their main interest and self-expression fields. Each part of the exhibition connects the interaction between the different contexts of the authors, tools used, the views and aspirations.

Bachelor of Creative Industries welcomes the opportunity to show the exhibition and festival participants leaving little more than glossy shoes, collars and levelled just received diplomas.

Opening of the exhibition will take place in 2012, June 27th (Wednesday) 15 hour Faculty of Architecture courtyard at Pylimas str. 26/1, Vilnius, Lithuania.

FEB 12
InCompass Project participates in IF
Image - Picture On 27-28 February, some 300 policy-makers and practitioners gathered in Milan (Italy) for the official launch of the European Creative Industries Alliance (ECIA) during the Innovation Festival Finale. This event brought together for the first time the 28 partner organisations from 12 countries that build the core of the ECIA. The conference began with policy discussions highlighting the importance of creative industries and how these industries can better be supported in Europe. During the two days meeting, InCompass’ coordinator, Andy Mckenzie, has the opportunity to present the project.
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InCompass Project is funded by the EU’s European Regional Development fund through the INTERREG IVC programme