Torino Wireless and Pole SCS triggering cooperation Claudine

Torino Wireless and Pole SCS: triggering cooperation Claudine Faleo Regions for economic change, Brussels, 8 th March 2007

Torino Wireless - a study case Creation: formed in December 2002, operating since September 2003 Nature: private non-for-profit foundation built on a wide public-private partnership of strategic stakeholders Mission “(…) to create and develop the Piedmont High-Tech District, by increasing ICT contribution to regional GDP and position Piedmont amongst the international most innovative clusters” (art. 3. 2 , Torino Wireless bylaws) © Fondazione Torino Wireless 2007

Torino Wireless - a study case Rationale: It empowers a systemic interaction between R&D, entrepreneurs and venture capital by providing : § § § access to scientific & technological expertise participation to R&D projects, engineering access to incubation infrastructures Coaching services such as: §Patenting & IPR management §Support to Spin-outs & start-ups VENTURE CAPITAL §managerial expertise §development of market potential access to business networks and markets access to financial support R&D COACHING Method Flexible tailored support to the creation and growth of technologybased, high-growth potential SMEs © Fondazione Torino Wireless 2007

Torino Wireless: the process and its key players REGISTRATION/SCOUTING Start-up Spin-offs ANALYSIS/SELECTION & ASSISTANCE 1 st evaluation 2 nd evaluation VENTURE CAPITAL Evaluation for investing Basic Support Incubators Private investments Advanced Support Angel K DB of ICT enterprises in Piedmont Analysis Interviews (focus on technology) Industry & technology analyses Due diligence Updates STRATEGIC R&D PROJECTS TORINOWIRELE SS NETWORK ICT companies SERVICES FOR ROYALTIES START-UP /SME PROJECT INTELLECTUAL ASSET MANAGEMENT A team of dedicated players © Fondazione Torino Wireless 2007 Seed K

Torino Wireless drivers for international cooperation By performing its international activities Torino Wireless aims at : 1. Interlinking with other centres of excellence and foerign infrastructures/ innovation programmes as an engine for science-based socio-economic development of the high-tech District 2. International profiling of entrepreneurs & R&D professionals 3. Exchange of expertise, people and information to achieve mutual learning and complementary benefits 4. Expanding business opportunities for SMEs of its network © Fondazione Torino Wireless 2007

Cooperation between SCS-TOWL In addition to above drivers, Mo. U between Pole SCS –TOWL and subsequent cooperation triggered promote international cooperation at cross border scale which Ø is the dimension inducing faster growth of industry/cooperation oriented hi-tech exports (OECD, 2005) Ø Facilitates SMEs cooperation with international partners (SMEs cooperate less than larger firms on international markets) and helps better compensate limited resources of individual SMEs via the enlarged network Ø it contributes to increase attractive factor for inward investments as it preludes to a larger converging market/area by establising structured ways for cooperation Ø it could lead to a cross-country Innovation area build upon respective skills and competences, anticipating potential scale and agglomeration economies thanks to complementarities and relative proximity of poles © Fondazione Torino Wireless 2007

Cooperation between SCS-TOWL Last but not least, cooperation with Pole SCS is relevant for it : 1. By establishing cooperation among innovation clusters it reduces costs of internationalization in Europe and improves its manageability 2. answers to mutual interest to link with Excellence centres in Europe so to take advantage or partner R&D, keep abreast of foreign technology, mutual access to innovation programmes, etc 3. reinforces existing integration in international knowledge flows due to rising importance of knowledge in economic processes (International profiling of own resources, access to skills & talents) © Fondazione Torino Wireless 2007

Cooperation between SCS-TOWL Concretely, activities undertaken so far favor convergence between the parties for the development of innovative technologies, solutions and services in the ICT domain. The aims are: Ø Foster cooperation among actors of the District/Pole in sectors such as Intelligent transportation systems, location based services, DVB-H, RF-ID , e. Health solutions, … Ø Incentivate elaboration and presentation of joint project proposals in the framework of the 7 th European Framework Programme and other European funding schemes relevant to the interests of both Parties Ø The exchange on best practices especially in supporting SME’s development and on © Fondazione Torino Wireless 2007

Thank you Claudine FALEO Business Development Coordinator Fondazione Torino Wireless www. torinowireless. it Corso Galileo Ferraris, 64 10129 Turin - Italy Tel +39 011 19501401 Fax +39 011 5097323 E-mail: Claudine. Faleo@torinowireless. it Claudine Faleo - Business development © Fondazione Torino Wireless 2005