The Swedish Innovation System April 20, 2012 Moscow State University

1. The Swedish Innovation System April 20, 2012 Moscow State University

2. WELCOME Lundavision Ldt. Dr. Sven-Thore Holm, CEO

4. Facts about Sweden • Total population 9 million • GDP 40.000 USD • R&D 3.6% of GDP ( second in the World)

5. Department of Industry/Education VINNOVA – R&D Universities,Institutes, Industry Innovationsbron AB – commercialisation Investment Fund of Sweden – financing ALMI – financing/business development SME Private Venture Capital Innovation/Commercialisation Structure of Sweden

6. Industrial activities • Paper/pulp/wood • Metal/iron • Advanced metal engineering • Automotive • Telecom/Information technology • Advanced defense industry

7. Industrial activities cont. • Pharma industry • Food industry (Functional Food ) • Environment protection industry • Packageing industry • Service industry

8. How can innovations be turned into business and economic growth? In the following I will introduce a shortcut…

9. Step 1: Acknowledge that a full scale innovation system must be a vital part of modern infrastructure. Step 2: There must be political commitments on central, regional and local level to create an “innovation chain”. Step 3: A committed professional team must be created

10. Creation of a Working Innovation Chain Feedstream Coaching Soft financing Patent/licensing Equity

11. Feedstream Systems for increasing the entrepreneurial spirit • Creative thinking on all levels • National/regional competition in creating a business plan

13. What is Venture Cup?

14. Supported by all Swedish Universities • In collaboration with the public sector and Swedish Industry

15. The biggest Business competition in the world

16. Nord Öst Väst Göteborg Syd

17. Vision Venture Cup are the mostimportantstructure to deliver raw material to the Swedish innovation system

18. What is the offer ?

19. Education INSPIRATION Coaching FEEDBACK MORE THAN A COMPETITION

20. The competition

21. Businessidea Draft Businessplan National Final Businessplan

22. Over 12 000 contributions! 4o 000 people 4000 Comp Utveckling av antal bidrag

24. Feedstream • . Entrepreneurial education on university level • . Establishment of functional structures for scouting of inventions in all universities and institutes. Technology Transfer Officies (TTO)

25. Coaching • . Critical mass of professional business coaching

26. The 18 step program

28. Physical Structures • . • Incubators with professional business and educational support • . • Science Parks

29. Gambro Sony Ericsson Active Biotech ChemicalCentre Центр Хімії EcologyCentre Центр Екології Ideon Science Park Лікарня при університеті University Hospital Astra Zeneca LTH BMC Школа Економіки School of Economics MAX-lab 500 m Ideon Science Park Hans Möller 2008-04-21

30. Patent/licensing • . Professional structure for patenting and global licensing

31. Creation of a financial toolbox • . Grants • . Verification/Proof of Concept • . Soft loans • . Early stage equity

32. The Financial Toolbox • Grants25.000€ • Verification 40.000 € • Public soft loans 40.000 € • Public pre-pre seed equity 50.000 € • Public/private equity 750.000 € • Private equity (institutions/angels)

33. Equity • . Creation of professional early stage equity structures • . Based on private and public money

34. Bridging the Financing Gap – A System for Developing Brilliant Ideas to Commercial Success

35. Technology Transfer to SME:S Technology Transfer to SME:S Establishment of a Knowledge Bridge Structure providing SME (Small and Medium sized Enterprises) with new knowledge

36. Thank you for listening!