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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 06 | DECEMBER 2014

EDITORIAL

PROJECT PROGRESS

CCI: WHAT'S NEW?

ABOUT INCOMPASS PROJECT

EDITORIAL

Have we reached an end or are we starting just now?

Spyros Papaspyrou, Konstantina Papagianni, Ioannis Chaviarlis | Region of Western Greece

Reaching the end, the InCompass project is ready to disseminate its findings across European regions. It is truly gratifying the fact that the project took place in a period where the European and global economy comes up against one of the most recessionary decades of the century. The potential of the project could be observed firstly by its focus on the creative sector which tends to be one of the most promising economic industries in recent years, and secondly by the project's effort to contribute in the area of creative business incubators to move away from current dependence on public funding and to help them achieve self-sustainability in a period where subsidies and other forms of financial support are being reduced dramatically.

To achieve the programme’s purposes, the InCompass’ partnership consists of 14 members from 12 regions across Europe and the selection process has been organised with the aim of covering the “triple helix approach” to ensure the greatest efficiency in delivering the project’s outcomes.

After its approval in December 2011, we started spending time together through seven study visits across Europe. Following the kick off meeting in Dundee, the first visit took place in the city of Rotterdam and this was followed by a visit to the province of Milan. In the third study visit we travelled into the cities of Malmö, Lund and Copenhagen. Then, it was the turn of Beja and Lisbon. In the fifth and sixth study visits we researched and analysed innovation practices in the city of Patras and Aviles respectively. Finally, our interesting adventure was accomplished by studying the case of Medway and London. In all these cases a multiplied thought was mainly wandering in our minds: not only to indentify incubators with well designed research and innovation practices, leading to financial independence but also to find out the most adaptable of those practices, contributing to the European policy coherence for development of our own Regions.

After visiting 29 incubators, we finally observed approximately 170 good practices. But which is the best? We tried to answer this through our meeting on June ’14 in city of Szombathely in Hungary where we found out that selection process of ‘good practices’, is a really difficult topic as it has a different definition and methodology for each member of the partnership. Spending hours through intensive discussion, we concluded into five criteria for the selection process: transferability between regions; a potential to generate long-term income; a clear and manageable risk; a potential contribution to the regional incubation system; a potential to be influenced by regional policy-makers. Then, the team of Delft created a Best Practices Toolkit following these requirements.

As the three domains of incubator’s activities are commercial contextualisation, social contextualisation and tiers of support, networks and partnerships, it is clear that the best practices for the financial sustainability for the incubator itself emanated mainly from the commercial and tiers of support. A toolkit of 16 best practices was created with a score of the practices on five selected criteria. However, we learned through travelling across Europe that best practices clearly do not necessarily transfer fully in their current state, but every region has to adapt them to their own specific assets. Having all these study visits and by the preparation process of our regional implementation plan, we realized that all these practices do not provide a clear answer but they should be considered as a mechanism for inspiration and learning.

Now we are a step behind the project’s finale. Doing some final and careful touches to our plans we are having the sense that the InCompass project begins just now. Indeed, what lies ahead remains to be seen. Is the InCompass project starting just now? Now we start feeling more comfortable with the Lisbon Agenda, we deeply understand the importance of local, regional, national and EU collaboration. European coherence policy for development is boosted through the collaboration process. It offers more space for experiment, innovation and entrepreneurship in the creative industries, and enables them to provide a driver for sustainable growth and job creation. It is important for a city to learn from other cities. “A smart city is a learning city”. The collaboration process is an essential element for lifelong learning. The new knowledge will provide us with economic development and will help the European coherence policy. Now we just clearly regionalise the potential of culture and creativity for local, regional, national and European development and the spill over effect on the wider economy. Involving creative industries with the rest of economy can provide innovation, tourism and urban regeneration.

However, the creative sector itself is looking for inspiration, and needs a lively environment to operate. Synergies and collaboration of all related stakeholders are a prerequisite for the success of creative industries. This may be the exact reason why the creative sector has the ability to foster economic development to the rest of the economy. Finally, through the InCompass’ heritage, we now feel more comfortable with our regional implementation plan and after having done our research we feel confident for its success. It goes without saying that all partners contributed significantly and it has been a valuable experience so far.

 

PROJECT PROGRESS

Final Conference - 18 november - InCompass takes a final bow



A three-year project, led by Dundee and Angus (D&A) College, Scotland, to help start-up businesses beat the flat-lining effect of the economy reached a successful conclusion last month when 80 delegates representing 15 European countries met in Brussels for the InCompass Interreg IVC Final Conference.

» read more


InCompass Best Practices Toolkit

At the InCompass Final Conference on 18 November in Brussels, project partner Delft University of Technology  presented the Best Practices Toolkit.  The Toolkit presents, in a structured way, a number of observed best practices and their application in various incubators and regions. These best practices are based on study visits to 29 incubators in seven regions in different parts of Europe. Thus, on the one hand it provides dedicated ‘tools’ to local and regional policy-makers and other actors involved in the management of creative incubators, and on the other hand it also serves to present the results of InCompass in an accessible way to a broader audience.

» Download toolkit

» read more

InCompass in European City of Culture Conference in Sweden

As part of the European City of Culture 2014 programme, the Swedish city Umeå hosted a conference where the InCompass project was presented.

» read more


InCompass in the Creative Workshop 2014

The Western Region of Greece participated to The Creative Workshop 2014, organised by the Regional Development Institute of Panteion University and held in Athens on the 12th of December. The agenda of the conference focused on the economic recession and the creative ways that will lead us to the path of economic growth and prosperity.

» read more


InCompass gets started on the Regional Implementation Plans: The Medway Proposal

The Medway Regional Implementation Plan (RIP) has been finalised following consultation with Regional Implementation Group members. The approach of the Medway RIP has been to create a framework of a range of projects to support the development of creative industries going forward.

» read more



RIGS & LOCAL EVENTS

InCompass by Pecha Kucha, Dundee - 4 Nov 2014

The InCompass project was promoted to over 300 Creative Industries professionals at the 10th Creative Dundee Pecha Kucha event on 4 November 2014 at the Bonar Hall in Dundee. The key findings of InCompass which have applicability in a Dundee context were presented by Matt Peacock on behalf of the Dundee Regional partners.

» full information

Sofia RIG’S activities within Incompass Project, Sofia - Jul/Nov 2014




» full information

Extraordinary meeting of the RIG Rotterdam-Delft, The Hague - 12 Nov 2014




» full information

Local dissemination conference, Milan - 21 Nov 2014

Friday, November 21, in the auditorium of School of the Encouragement of Arts and Crafts, was held the dissemination conference of InCompass project entitled "Incubation Practices and Policies for the Creative Industries: cases from European Metropolitan areas".

» full information

InCompass at Avilés’ Cultural Black Night: Local Info-Day and last RIG meeting, Avilés - 28 Nov 2014



» full information

Greek Local Dissemination Event and 6th RIG, Patras - 8 Dec 2014



» full information


CCIs: WHAT'S NEW?


Tech Business Incubator Launched

Minister for Industries and IT P K Kunhalikutty on Thursday inaugurated the business incubator set up by the Kerala State Industrial Development Corporation (KSIDC) at KINFRA Park, Kakkanad.

The incubator has been set up as a continuation of the Young Entrepreneur Summit (YES) held on September 12, 2014, with the aim of creating an enabling environment for startups across all sectors in the State.

» read more



Province puts $1M into Hamilton youth business incubator

The province is pumping more than $1 million into a McMaster University project to help Hamilton youth establish new businesses. Ontario’s Campus Linked Accelerator program is giving seven figures to The Forge, a McMaster and Innovation Factory incubator for young entrepreneurs.

» read more


ESA business incubator opens in Portugal

European Space Agency's (ESA) latest Business Incubation Centre has opened in Portugal, ready to help entrepreneurs and start-up companies take space technology and services into non-space areas such as health, transport and energy. Over the coming five years, the centre will help 30 Portuguese start-up companies to get their businesses going, creating at least 120 local high-tech jobs.

» read more


Wells Fargo Launches $10 Million Cleantech Innovation Incubator

Wells Fargo has launched its Innovation Incubator (IN2) program, a $10 million grant for clean technology startups funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) to foster the development of early stage clean technologies for commercial buildings. The program is said to be the first of its kind in the banking industry.

» read more


Ohio awards millions to boost Cincinnati startups

The Ohio group responsible for bolstering the tech industry in the Buckeye State has awarded $9.1 million to boost startups in Cincinnati.

» 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 IVC

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

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