Innovation Incubators

Innovation Incubators

Creating the conditions to increase the success from innovation and turn research into successful Companies.

Original Air Date: 26 Aug 2010 hosted at Pure Insights

about this webinar

Innovation incubators are programmes designed to increase the success of innovative and entrepreneurial companies through the provision of a set of business support and services for projects / companies. Statistically start-up companies supported by incubators have more chances of staying in business after graduation from the incubators (which is about 87% chance of success).

In this session, Jamil Alkhatib will introduce the concept of innovation incubators and how they can help in increasing the success rate of new innovative projects as well as how they can act as a tool for job creation and innovation stimulation in local economies. Alkhatib will focus on the European approach of Innovation Incubators and some standards that are followed by them, and he will discuss the various models and roles of incubators and what kind of services incubators must offer if they are to succeed.

Managing an innovation incubator is not just like managing any other institutes; incubators deal with highly innovative projects that come mainly from technical people who strongly believe in their ideas. For that reason the presenter will show ‘what kind of activities?’ and ‘what support structures?’ are needed for the innovators and what kind of processes have to be developed for the incubation period.

The main reason to create an incubator is that innovative ideas usually come from technically skilled people. Many of who’m would like to try to start companies but lack the experience of managing such projects and marketing their innovations in the open market. Incubators support them in that. For that reason they have become a useful tool for both investors and large companies who establish them not only to stimulate innovations that will be useful to their business, but also to improve the quality of start-up and new innovative projects management.

Moreover incubators provide investors and large companies with better opportunities for innovations in which to invest. These projects are reviewed and supervised by experts to ensure their quality and the sustainability of their business. However, in order to ensure the success of incubators, a clear model and set of services must be defined which is based on both the objectives and the stake holders.

This Webinar will tackle the main issues related to incubator design and objectives, as well as the processes and services required to make them work effectively.

Questions:

  • Do you consistently face problems with new Innovation Projects?
  • Do you perceive ‘spin-off companies’ as opportunity or headache?
  • Have you got an innovative project(s) that could be spun-out but you don’t know how to manage the process?
  • How do you increase the opportunities for success of a new innovative company?
  • Are you looking for innovative ideas or companies but do not know their quality?
Presentation slides

SRTD Program

Support to Research and Technological Development and Innovation Initiatives and Strategies in Jordan Project (SRTD) (2008-2010) is an EU funded project through ENPI.

Some presentations,workshops and training programs delivered during the SRTD project are available here  http://www.slideshare.net/SRTD

Jamil was mainly responsible for the Technology Transfer element of the project.

Jamil as a local expert was responsible for

– Support the development of a national Technology Transfer Program
– Support the establishment of 11 Jordanian Technology Transfer Offices
– Support Industry Research Link assessment
– Perform assessments of Technology Transfer Programs, Incubation Training and Consulting Programs
– Organize training programs for the Technology Transfer Offices
– Coordinate consulting and training missions by EU experts to improve Technology Transfer and Incubation strategies
– Support the development of Quality system for Incubators based on EU Systems
– Develop and organize twinning program between EU and Jordanian incubators
– Support the development of consulting services program, based on the results of incubator audit
– Prepare consulting and training ToRs and offers evaluations
– Monitor and evaluate grant contracts
– Conduct need assessment for Knowledge Transfer Programs
– Support the assessment of IP Policies of universities & funding agencies
– Organise Tech Transfer Study tour in Europe
– Perform value and impact assessment of over than 30 funded researches

Workshops, Seminars and Presentations