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Spojujeme
a podporujeme www.czechinvest.orgNovember 21, 2016
Spojujeme
a podporujeme
CzechInvest
Expand abroad with your start-up
Prague Startup Center
Spojujeme
a podporujeme
I.
Connect
& Support
CzechInvest Investment and Business Development Agency
Established in 1992, the agency contributes to attracting foreign
investment and developing domestic companies through its services
and development programs.
Spojujeme
a podporujeme
-- To attract FDI
-- EU Funds
-- R&D Cooperation
-- Real Estate Market
-- Support for supppliers
-- Startup Support
--> The emergence of new companies
--> Globalisation Process
--> Connect CZ Startup Ecosystem
--> to support foreign direct investment
--> Aftercare services for investors
--> to develop localcompanies
--> administration of a database of Czech suppliers
--> Database of Business Properties(Brownfield, Greenfields)
--> Technoly missions
--> New agency forOPEIC
Spojujeme
a podporujeme
USA – East Coast
USA – West Coast
UK & Ireland
Germany
Scandinavia
Japan
China – Shanghai
South Korea
CzechInvest worldwide
Source: CzechInvest, 2016
Spojujeme
a podporujeme
Spojujeme
a podporujeme
Startup SupportII. Projects supporting startups by CzechInvest
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Projects results
• Sales + 260%
• Number of employees + 22,5%
• 6 participants got venture capital
• 14 international patents or trademarks
• Over 400 agreements or contracts
• Establishment of 18 foreign branches
• Turnover + 122%
• Number of employees + 26%
• 6 investments into companies
• 9 filed patent applications or trademarks
• 19 signed agreements on partnership and cooperation
• 19 companies entering foreign markets
est. 500 mio CZK raised
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Stories of successful participants
Success in the Silicon Valley StartUp Cup
Investments USD 2,43M from Y Soft
Opening a production plant
The price from the Mayor of New York
Prize "Industrie" competition Czech
Head 2011
Branch office abroad
Closed-end investment contracts USD 1,09M
8th place in the competition for startups GEW: The most talented Czech Firm of the Year
Agreement for the sale and distribution
(representing company / product abroad)
More than 120 developers on team, four offices in the US and Europe
Developed more than 200mobile apps for iOS and Android
Their major clients are DHL and Spark Networks
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a podporujeme
Projects supporting startups in 2016 – 2020 by CzechInvest
Spojujeme
a podporujeme
GOAL
development of innovative
SMEs/start-ups
&
increasing company´s
attractiveness for
investment capital
TARGET
Czech SMEs
with an innovative product
beta version/prototype
< 50 employees
up to 3/5/7 years
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a podporujeme
Spojujeme
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CzechAccelerator 2.0
Supporting the development of innovative Czech companies in developed foreign
markets through consulting services focused primarily on the development of
management experience and enhancement of marketing skills.
What do we offerOffice space (in foreign incubator)International incubation process (12-week program)Mentoring & Consulting Networking & Access to potential partners and investorsIP protection & Travel costs
Expected number of calls for participation: 17 (2016-2019)Expected number of supporting start-ups: 60Budget: 2,1 mil. €/ program; 40K € per company
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ConditionsCzech legal entity, Premises outside of PragueFrom 1 up to 7 years old company, max. 50 emloyeesClearly defined and existing technology/ product(KET)High potential of global commercializationEtc.
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Acceleration process
Selection process +
Preparation
with selected companies in the Czech Republic
(1-2 months)
Acceleration program
Destinations• Silicon Valley
• New York
• London
• Singapore
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Timeline
4Q 2016/ 1Q 2017
Public tender -Selection procedureof partners abroad
1Q 2017
1st call for startupsto apply
4Q 2019
END OF PROJECT3Q 2017
Selection processof startups + Preparation
4Q 2016Acceleration process
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Matchmaking events
-- an opportunity to present company Pitch to investors and corporations abroad on
Pitch events
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What do we offer mentoring (individual consulting of the participant by a mentor regarding to participant’s
business plan) organization of event. – 1-week seminar seminars and business meetings (workshops - focused on the topic of developing the
participants’ business plan and presentation skills and information on VC) travel costs
Expected No. of calls: 12
Expected No. of supported companies: 48
Destinations: Silicon Valley, US East Coast (NY), London, Singapore
To strengthen the presentation skills of Czech innovative SME, mediate business
opportunities, obtain feedback from foreign investors and possibly gain financial
resources for the development of start –ups
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a podporujeme
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Conditions for participants
• Czech SMEs with an innovative product (start-up)
• for legal entity
• from 1 to 7 years old company, max. 50 employees
• residence in the Czech Republic, premises outside of Prague region
• clearly defined, existing technology product
• focus on development of new and innovative technology solutions
• high potential for successful commercialization of the product at the final destination
• the potential to attract investors abroad
• product should be involved in key technologies (KET - ICT, life sciences, pharmacy, industrial
biotechnology, micro- and nanotechnology, photonics, advanced materials, advanced
production technologies, microelectronics, aeronautics, space technology, medical technology ).
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Timeline
4Q 2016/ 1Q 2017
Public tender -Selection procedureof partners abroad
1Q 2017
1st call for startupsto apply
4Q 2019
END OF PROJECT3Q 2017
Selection processof startups + Preparation
3/4Q 2016CzechMatch events
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Participation in
international startup
events, conferences and
festivals
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CzechDemo
• Participation in international startup events, conferences and festivals
Eligible costs Conditions Summary
• Participation fee
• Demo booth
• Mentoring
• Travel costs
• > 1 year; < 5 years
• Innovative product, KETs + hi-tech + ICT
• Suitability for selected event
• „Ready“ product
• Attractive product for investors
• 12 calls
• 100+ SMEs / Startups
• Venue: World
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TimelineDecember 2016
TechCrunch DisruptLondon
4 selected startups
(application closed)
January 2017
CES in Las Vegas
4 selected Startups
(application closed)
4Q 2019
END OF PROJECT
2017
3-4 events
Call expected to beopen in January
12 events in total(2016-2019)
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a podporujeme
to provide information that is necessary for overcoming
problems in the initial stage of doing
business
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a podporujeme
CZECHSTARTERPersonal mentoring & specialized consulting services
economic, marketing and management development of CZ Start-ups
Services
up to 150 hrs of mentoring
up to 25K € for specialized consulting
2-week international bootcamp in Silicon Valley
Demo Days
Summary
4 calls (2016-2019)
100 SMEs
€ 3 mil.
Conditions
CZ based company (outside of Prague)
< 3 years old
Innovative product (KET and hi-tech)
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CzechStartups.org
• 1st On-line hub for startups, investors & entrepreneurs
• In cooperation with IBM, Rockaway, AMSP and Czech ICT Alliance
• Information about events, news, programs
• Database of investors, startups
• Linking of startup ecosystem (social networks)
• www.czechstartups.org
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Spojujeme
a podporujeme
Connect
& Support
Thank you for your attention
Director of Start-up department
Phone: +420 296 342 576
Mobile: +420 606 022 540E-mail: [email protected]
Marketa Havlova
