Workshop 2 Cleantech Incubators and Business models of incubators: lessons learned
Peterborough EnviroCluster EnviroCluster & Eco Innovation Centre (EIC) Cluster est. 2002, EIC est. 2008, Peterborough, UK 50+ start-ups supported Services and facilities offered by incubator: –1-2-1 Business Support –(Virtual) Office & Meeting Space –Networking Events, Workshops, Seminars, Masterclasses, B2B –Growing Network of Business Angels, VCs –“One Stop Shop” for Innovation/Internationalisation/Incubation Support
Governance Founded by East of England Development Agency (EEDA) Funded by Peterborough City Council (PCC) Managed by UK Centre for Economic & Environmental Development (UK CEED) –Independent not-for-profit company –Charity –Privately run, publicly-funded
Overview of the incubator network
Revenue model of the incubator 1.Year-to-Year Funding by Local Authority –Subsidies for Centre –Funding for Business Support Services –Public/Private funding by shareholders for investments 2.Revenues from tenants and clients –Paid-for Incubation Services and Rent 3.Revenues from sharing with client success –None.