Sara Rauchwerger APEC 2011 Co-Incubation Conference 6-8 September Xian, China
Founder & Managing Director Strategic Management Market Entry Services Investment Consulting Founder & Director Mission – Connect Entrepreneurs Globally Platform for access into and out of Silicon Valley to develop business expertise, partnerships & knowledge sharing Dedicated events, seminars Talent Delegation Programs Business Partnership Investments Encourage growth & opportunities across international boundaries in technology centric environment Networking Visiting Professor - Entrepreneurship Courses
SMEsIncubatorsTools Key to Success
SMEsIncubatorsTools Key to Success
Venture Capital Law Firms Accountants Finance SME’s 100 km 2 OtherServiceProviders Angels University
Diverse audience representing almost every nation from around the world High concentration of intellectuals -upper graduate degrees (Bachelor, Master, PhD) Stanford, Berkeley, Santa Clara Universities Workaholics Technologically savvy – passionate Focused industry sector Peripheral network infrastructure Anything is possible – the “American Dream”
Pre-Incubation Post Incubation Incubation Idea Startup Expansion Maturity Private - Public
Engineer/ Expert in their field focused on their idea – product/service Passionatee about their ideas Targeted Not necessarily business oriented at an early stage Narrow market Not necessarily scalable Protective No experience in partnership with suppliers local or foreign
SME’s opportunities are abundant Analysis Select direction Exploiting market opportunities Right decision Sound environment SME’s geared to be global KnowledgeTransferKnowledgeTransferPhysicalLocationPhysicalLocationIncubationEnvironmentIncubationEnvironment Network/ Local Support SEEKING
GlobalOutlookGlobalOutlook InternationalMarketsInternationalMarkets Business Environment Changes Business Environment Changes Cost Effective Path Path Dependencies of Products/Services Globally CompetitivePositioningCompetitivePositioning
SMEsIncubatorsTools Key to Success
LimitedtoLocalResidentEnterprisesLimitedtoLocalResidentEnterprises Economic Scale Employment Wealth Shared Investments InitiallyInitiallyTodayToday
GerminationIdea Accelerate/Incubatee Mature Risky Safe Public Support/ Private Risk Capital Refine Plan/ Resource / Early intervention Network/ProfitableSmall
Provide a platform for formation and development of companies Link SME’s with resources Encourage Innovation Link R&D between research institutes, university and corporations Supports formation of industry clusters Shared resources Collaboration Localization
Incubators welcome “everyone” In the Leasing business Focus is limited Management lacks experience Funding is tight There is no support unit from the service sectors Limited success stories No effective graduation benchmarks
SME’sIncubatorsTools Key to Success
PolicyInitiativesFundingPolicyInitiativesFundingLeaseLegal/IPFinancialBusinessCapitalVC/Angel Data Center InternetConsultingLeaseLegal/IPFinancialBusinessCapitalVC/Angel InternetConsulting IndustryIndustryServicesServices GovernmentGovernment SMEsSMEs CorporationsOrganizations Industry Leaders StandardsCorporationsOrganizations StandardsProducts/Services New Technologies Game Changer New Industry Products/Services New Technologies Game Changer New Industry
InternationalEventsInternationalEventsTraining/WorkshopsTraining/Workshops NetworkingNetworking SME Assessment ConsultingConsulting MentorsMentors Local Events ReferralsReferralsSupportGroupsSupportGroups Social Networking Cultural Awareness BlogsBlogs
Provide the support to help build SME business Specialized Capable to provide resources Third party perspective Certified Trained in respective service sector Partners in the ecosystem
Investment Funds LocalInternationalBusinessLocalInternationalBusiness DonorsDonors BanksBanks UniversitiesUniversities GovernmentGovernment
Naturally formed networks Transfer of technology easily considered Innovation is encouraged R&D linked between research institutes, university and corporations Formation of industry clusters Shared resources Collaboration Localization
SME’sIncubatorsTools Key to Success
Business training Peripheral support system Understanding of the local and international environment Understanding SME business Business discipline Business path Business vision Cultural context Effective communication / hall way discussions
Available Resources Supporting tools Adopt to local practices Industry specific Network Collaborative environment Funded Seamless services A better product /service in the market Performance driven An environment that brings out the best in the SME Growth driven Co-IncubatorCo-IncubatorSMESME
Start small and grow organically based on need/demand Leverage on Service Providers Leverage on the internet and virtual environment Share key point of contact by APEC location Share resources on each incubation center Highlight activities Categorize by industry sector Local market opportunity Local resources Availability of facilities Programs Get SME’s to be more active to seek out their needs Promote across the network Build the database Build the relationship and network
Thank You 谢 Contact: Sara Rauchwerger