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Incompass Project

Gardyne Road, Dundee DD5 1NY · Scotland
info@incompassproject.eu · www.incompassproject.eu
Regional policy improvement for financially sustainable creative incubators units
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NEWSLETTER ISSUE 03 | JULY 2013

EDITORIAL

PROJECT PROGRESS

CCI: WHAT'S NEW?

ABOUT INCOMPASS PROJECT

EDITORIAL

More the same than different? What we have learned so far

Kostas Tsekouras, | Professor
Areti Gkypali
| MSc
Christos Bouras
| Professor
Vasileios Kokkinos
| PhD

We are almost halfway through the InCompass Project. The proposed methodology distinguishes focus areas on commercial, social and support initiatives, which in turn comprise three distinct workgroups aiming at providing with transferable best practices among regions, is closely followed. In this vein, Study Visits (SVs) have been proven valuable not only because they are the sources of information and know-how regarding the abovementioned focus areas but also with respect to the development of a common perception among partners for these matters. Significant pieces of the thus far, accumulated experience have already been transferred to the Regional Implementation Groups (RIGs) that have taken place in Region Partners. In a more detail, up until this day five SVs have been carried out in Rotterdam (NE), Milan (IT), Malmoe (SE), Beja (PT) and Patras (GR).

Despite the significant heterogeneity in terms of social capital, entrepreneurial culture, and institutional variety some striking similarities have emerged from all five SVs but also some prominent differences are present. More specifically, identified commonalities have been focused on issues related to the visited Incubators’ modus vivendi. In terms of services provided, always the product mix entails actual (physical) hosting, in contract to the virtual hosting which is seldom provided. However, in none of the occasions, were there any data provided that would demonstrate the turbulence (entry-exit) of the inputs and outputs of both the Incubators and the Incubatees. Emphasis has been also given on the evaluation of Incubators contribution and position within the Regional Innovation system. On one hand, Incubators’ main sources of income rely on rents and subsidies deriving either from local, national or European Authorities. On the other hand, the contribution of positive externalities which are associated with economic growth, increases in employment/entrepreneurship levels, and also at a cultural, social and urban level have not yet been evaluated.

However, there has been a significant demonstration of heterogeneity in the cases examined which diversifies the efforts of transferring identified good practices from one Region to another. In particular, significant differences are present with respect to the Incubatees age, size, and sectoral distribution, as well as Incubators’ ownership status and services provided to the Incubatees. In addition, the basic actors that seem to be responsible for the establishment and development of Incubators differ in each case and they are a mixture of Local and Regional Authorities, Universities and Research Institutes, Professional Associations, Banks and in very few cases Central Government/Authorities. It should be noted however, that the role of the private sector is rather complementary in Incubators’ operational mode. In this line, an Incubator typology has been traced resulting in a plethora of business models followed by Incubators.

Furthermore, the experts have identified a need for a broader concept of Creative Incubators, since each Region has a different background, propensity, and perception of Creative Industries. In some cases, Incubators host enterprises which only peripherally encompass the creative element, while others host enterprises which lie in the core of the traditionally perceived creative industries. Creative Industries have a different context and significance in different regions and countries. In some regions, Creative Industries contribute majorly to the local economy and consequently Incubators develop their focus accordingly. However, some other regions have rather indirect connection with Creative Industries, in terms of contribution in regional economic activity and employment, and thus, Incubators develop a rather distant relationship with creative enterprises.

Based on the above, it seems that Incubators are an inextricable part of Innovation Systems and specifically Regional Innovation Systems (RIS). Even more so, Regional Innovation Systems are responsible for the specificities of the relationship between Incubators with and Creative Industries.

In evaluating the performance of an Incubator the Return on Investment (ROI) is not an appropriate index. The development of a S(ocial) ROI, in a broader sense, is a challenging task. In any case, Incubators might be evaluated in the context of the RIS they belong to. Especially regarding Creative Incubators, they should be evaluated always in relation with the importance of the Creative Industries in the Regional Economies. The concept, context and data provided by the Regional Innovation Scoreboards may be proven very useful for such an occasion. The required methodology remains an open issue. The partners of InCompass continue their efforts in deepening the analysis of the examined cases and they shall attempt to further disentangle the sources of heterogeneity and communalities so as to be able to provide their Regions concrete evidence of the good practices identified.

 

PROJECT PROGRESS

STUDY VISITS

Portugal – Beja and Lisbon cities – Hosts the fourth study visit of the Incompass Project. 16-18 April 2013


CIMBAL hosted the fourth study visit of the European project InCompass (Regional Policy Improvement for financially sustainable Creative Incubator Units) financed by the Interreg IV C Programme. The 15 project partners came to Beja and Lisbon with the aim of identifying good practices of financial sustainability.

» read more

The Western Greece Region and the University of Patras host the fifth study visit of the project. 4-6 June 2013


The fifth InCompass projectís study visit took place on 4th, 5th and 6th of June 2013 in the city of Patras, Greece. The study visit was co-organized by two project partners: the Western Greece Region and the University of Patras. During their three days stay, the 19 attendants had the opportunity to visit three incubator units, Patras Science Park, Patras InnoHub and Patras Carnival Lab.

» read more

RIGs

Delft University of Tech. 30 January 2013


The second Regional Implementation Group Delft took place on 30 January 2013 at Delft University of
Technology. The first meeting, during the study visit to Rotterdam in May last year, introduced the project and the project team to the RIG members. This second meeting discussed the report on that Rotterdam study visit.

» read more

Patras, Greece. 7 February 2013


The second meeting of the Western Greece Regional Implementation Group of the InCompass project took place on the 7th of February 2013, at the premises of Chamber of Achaia in Patras. The meeting’s main target has focused on ways to increase the entrepreneurial activity in the Region of Western Greece through further strengthening Research and Innovation. Towards this direction the Region of WGR has publicly presented its intentions to form a regional plan for incubator units giving particular emphasis towards the creation of a second incubator within the Region.

» read more

InCompass Project Medway RIG meeting. 27 February 2013

The first Medway Regional Implementation Group meeting took place on 27 February 2013 at the Centre for Creative Collaboration (C4CC) in Kings Cross, London.

» read more

MI.LO. Milan and Lombardy working table between institutions and incubators.
26 March 2013


On March 26, was held the second meeting of Lombardy Regional Implementation Group, a regional working table which aims to discuss and analyze the best practices on creative business incubation emerged from InCompass study visit.

» read more

Dundee City Regional Implementation Group Meetings. 28 March & 21 May 2013


InCompass Lead Partner Dundee College, together with project partners Dundee City Council, have hosted two highly successful Regional Implementation Group meetings to disseminate the findings and progress of the InCompass Project.

» read more

First and second RIG's Avilés. 10 May 2013 / 5 Jul 2013


On 10th May and 5th July, Avilés Municipality hosted the first and second meetings of the Regional Implementation Group of Asturias within InCompass project at the Cultural Factory, in the city of Avilés.

» read more

RIG Delft. 12 June 2013


On 12 June the Regional Implementation Group Delft met in Rotterdam to discuss the study visit reports on Milan and Malmö. The meeting took place in the historic Groothandelsgebouw, symbol of the post-war reconstruction of Rotterdam. Policy-makers from the municipalities of Rotterdam and Delft attended the meeting, as well as policy consultants and representatives of the Dutch Incubator Association and educational institutions from both cities.

» read more

RIG Sofia Municipality, Bulgaria. 18 June 2013


The 2nd RIG’s meeting in Sofia took place on 18.06.2013. It was organised with the aim to introduce the observations of the first two fully completed study visit reports (Milan and Rotterdam) and the very first impressions from the later ones.

» read more

CCIs: WHAT'S NEW?


Creative Europe Programme to promote cultural and audiovisual initiatives in the EU
Committee of the Permanent Representatives (COREPER I) has agreed on the compromise text of the Regulation establishing the Creative Europe Programme with a view to allowing the Presidency to finalize agreement with the European Parliament on this file.

» read more


Commission delivers €100 Millions to tech startups and SMEs - puts money where mouth is
Around 1000 start-ups and other highly innovative companies will receive grants from a new €100m funding round from the European Commission’s Future Internet Public-Private-Partnership to develop apps and other digital services, in areas such as transport, health, smart manufacturing, energy and media

» read more


Culture Creative Growth. Towards Europe 2020: Ideas, Projects and Policies
Strengthening cultural and creative enterprises to offer new employment opportunities to young people and promoting the attractiveness of the territory is a major challenge for the institutions.

» read more


Business incubator launches in Hawke's Bay

Auckland-based business incubator The Icehouse, which offers training, networks and access to funding for start-up companies, has launched a hub in Hawke's Bay. The Icehouse officially kicked off in the region at a Mission Estate event attended by local business owners and stakeholde.

» read more


Investissement Québec Helps Launch Business Incubators

Financial institution and economic development agency Investissement Québec announced that the government of Québec will provide support for three business incubators to be located in Shawinigan, Trois-Rivières and Bécancour.

» read more


Deutsche Telekom to Open Start-Up Incubator in Krakow

Global player Deutsche Telekom decided to locate a start-up incubator in the city. Called hub:raum, the centre is due to open in April. Following in the footsteps of similar innovation centres established by Google and Motorola, DT describes hub:raum as a “hub that connects your team, vision, and expertise with the corporate power of Deutsche Telekom.” The first hub:raum was opened in Berlin last year, and Krakow has been chosen as the location for the second.

» read more


New Tech Incubator Venture Park Brings Together Local Detroit Businesses with Networking Event

Small businesses, start-ups, and entrepreneurs will gather in Downtown Royal Oak to network and socialize. This networking event, called Bootstrapped, will be held at the end of May and is open to all entrepreneurial individuals in the Southeast Michigan region. Event host Venture Park is a new tech incubator that aims to bring these individuals and small companies together under two roofs—one that houses co-host and sponsor Traffic Digital Agency and its affiliate companies, and the other housing all other interested parties.

» read more


Kenya
: Technology Prop As IBM Innovation Centre Opens
Nairobi — Kenya's emerging position as a global ICT hub has received fresh acclaim after the International Business Machines Corporation (IBM) launched its first East Africa innovation centre in Nairobi.

» read more


European Innovation Academy

European Innovation Academy is a completely new level in Start-Up Trainings. From idea to company in 3 weeks – obtain the skills, knowledge and network in a truly international and intense environment. The most innovative Start Up will win €10 000! Spend the best part of your summer with the most determined young people from all over the world and make history!.

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1st International Conference on Applied Innovation

Goals: The link of production and academic research through innovation. It is addressed to the academic (Universities) and business researchers (R & D).

» read more


EIBA 2013

For the international business (IB) community, the term transnational has come to be associated with a particular form of multinational enterprise (MNE) that is able to resolve the tension between local responsiveness and global integration. In other areas of social sciences and the humanities, the term transnational is used to designate actors or institutions that span across borders in a way that begins to challenge the existence and legitimacy of those borders.

» read more


2nd Applied Research and Innovation Competition, Greece Innovates!-
Opening event
The competition is open to individual researchers, research groups, companies engaged in production and/or research activities in Greece, as well as domestic institutions involved in research, irrespective of whether they had taken part in the first competition or not.
The deadline for submitting candidate files has been set on September 30, 2012.

» read more


Innovens- Photo contest

Smart Europe launches the Photo Contest “INNOVENS 2013. Innovation through your lens”, to showcase new innovative companies around Europe which can generate job opportunities in the innovation-based sectors of their local economy.

» read more


LT-Innovate Summit

On 27 June 2013, Brussels will again be the meeting point for the Language Technology Industry to network, discuss needs, strategies, innovation opportunities and business trends.

» read more


Speech: Innovation isn't just for the young

Neelie Kroes’ speech, Vice-President of the European Commission responsible for the Digital Agenda.

» read more


“The Dublin Innovation Declaration” manifesto

The Dublin Innovation Declaration” manifesto: Ten point declaration to create more wealth, better welfare and improved wellbeing with Open Innovation 2.0.

» read more


Online debate in Digital Agenda for Europe on Innovation

The further translation of research and innovation into jobs and growth for sectors such as
photonics, robotics, networks, service infrastructures, is one of the debates being discussed in Digital Agenda Assembly next 19th and 20th June in Dublin. Which specific strategy should be adopted, which instruments, which priorities, etc, are the typical questions to be debated.

» read more


New QB3 Biotech Incubator in Central San Francisco Waterfront

Mayor Edwin M. Lee and the California Institute for Quantitative Biosciences (QB3) announced that QB3 will develop a new biotech incubator at 953 Indiana Street in San Francisco’s Central Waterfront area. The incubator will be called “QB3@953”and will advance QB3’s work to support life science companies and create jobs in California by providing two key elements of success for startups: efficiency and networking.

» read more

ABOUT INCOMPASS PROJECT

The InCompass project aims to support the self-sustainability of creative incubator units and enable them to develop and share innovative methods to move away from a general dependence on public funding. Co-financed by the EU’s European Regional Development fund through the INTERREG IVC Programme, the project objective is to inform on and stimulate collaborative development of local, regional, national and EU policy and thereby increase the capacity to create more spaces for experiment, innovation and entrepreneurship in the creative industries, and to enable them to provide a driver for sustainable growth and job creation as stated in the Lisbon Agenda.





» read more

About INTERREG IV C

INTERREG IVC provides funding for interregional cooperation across Europe. It is implemented under the European Community’s territorial co-operation objective and financed through the European Regional Development Fund (ERDF). The Operational Programme was approved in September 2007 and the period for INTERREG IVC will last from 2007-2013. The programme budget amounts to EUR 321 million (only European Regional Development Fund’s resources).

» read more

PARTNERS' PROFILE


KTU REGIONAL SCI. PARK


Icon coordinatorCoordinator: TOMAS CERNEVIcIUS | ctomas@ktc.lt
Studentu str. 65, LT-51369 Kaunas, Lithuania | www.ktc.lt

Established as a first business incubator 12 years ago in Kaunas, today KTU Regional Science Park (KTURSP) is the largest partner of science and business cooperation in Lithuania. More than 250 companies have been incubated here with a success rate exceeding 90%.

» view full partner profile



PROVINCE OF MILAN


Icon coordinatorCoordinator: MYRIAM CAMARERO | m.camarero@provincia.milano.it
Viale jenner 24 Milano | www.provincia.milano.it/economia/en/

The Province of Milan is a local Government Authority which represents 134 borough councils (including the city of Milan) within the Lombardy region.

The Province of Milan governs the largest metropolitan area in Italy, and is situated in the middle of one of the 5th largest regions of Europe.

» view full partner profile



CIMBAL


Icon coordinatorCoordinator: ELSA FERREIRA NUNES | elsa.nunes@irradiare.com

CIMBAL is an association of municipalities concerned with developing, at regional level, multimunicipal public policies. It is a public body financed by regional and local authorities; is subject to management supervision by those bodies.

» view full partner profile

InCompass Project is funded by the EU’s European Regional Development fund through the INTERREG IVC programme.
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