Facilitating the growth of an entrepreneurial ecosystem
• Philip Marais (@TheLaunchLab)
• CEO
• LaunchLab (www.launchlab.co.za)
• South Africa
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The changing role of universities
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Teaching
Research
Innovation
Graduates
Graduates
Graduates
Publications
Publications IP Entrepreneurs
Researchers
Industry
Knowledge Region
Knowledge region examples
• Route 128 around MIT on the East Coast of USA
• Silicon Valley around Stanford University on the West Coast of USA
• Cambridge University region in the UK
• Sophia Antipolis high-tech park in Cote d Azur, France
• Leuven region in Belgium
• Munich area in Germany
• Oulu and Tampere regions in Finland
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Knowledge region key factors
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Knowledge Region
Critical mass of high Quality Research
Favourable Entrepreneurial
Climate & Culture
Legal Framework
Clear incentives and Policies
Professional networks
Seed or VC Fund
Infrastructure
Technology Transfer Entity
Industry and Government Support
Quality of Life
Leuven example
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Leuven
Critical mass of high Quality Research
Favourable Entrepreneurial
Climate & Culture
Legal Framework
Clear incentives and Policies
Professional networks
Seed or VC Fund
Infrastructure
Technology Transfer Entity
Industry and Government Support
Quality of Life
Faculty
SO SO
SO
SP CO VC
Cluster
Entrepreneurial culture
Entrepreneurial Culture
Nerds
Education
Investors
Finance
Right People
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Industry support
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Markets
Ide
as
Existing New
Kn
ow
n
Un
kno
wn
Industry working with incubators Been a rejuvenation in business incubators. Startups are best suited to create breakthrough innovations for specific markets faster, cheaper than conventional methods
Breakthrough Innovation Harness collective
genius of many people & networks
Emergent Improvement
Engourage people from bottom-up to be
inventive
Strategic Bets
Leaders place bets on future scenario
Continious Improvement
Improves the current technology & business
models
Breakthrough Innovation
Incremental Innovation
Top-Down Management
Bottom-up Management
Plan Fund Implement
Plan Plan Fund
Conventional Innovation
Open & Rapid Innovation
Seed Discover
Experiment
Learn
Discover
Experiment
Plan Fund Implement
“Fail Cheap, Fail Fast, Fail Forward!”
Open Innovation & Startups
Leverage the strengths of startups to innovate
Industry resources,
network, and ability to
execute main business
Breakthrough
Innovus
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Technology Transfer
Short courses and Copyright
LaunchLab Maties Football
Division Aquaculture
Group of companies
LaunchLab Vision
We believe in making a positive impact on the lives of Africans by establishing a network of incubators on university campuses that facilitate the growth of a start-up ecosystem that
Accelerates entrepreneurs to a new level.
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Sustainable competitive
advantage • We will focus on the entrepreneur: coaching, mentorship,
programmes. It is the entrepreneur that makes things happen. Ideas are a dime a dozen.
• We see university campuses as the next launch pad for new businesses: publicly funded infrastructure, world expert researchers, future leaders, bright young minds/skilled student interns.
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Launchlab programmes
LaunchLab Talk
• Monthly Talks
LaunchLab Ideas
• Workshops
• Pitching Platform
• Seed funding
LaunchLab Lift-Off
• Coaching
• Mentorship
• Internship
• Acceleration programme
• Business Mixers
LaunchLab Building
• Refurbishment
• Furniture
• Equipment
LaunchLab COMPANY DEVELOPMENT PROCESS
Lift-off
Lifetime of the company 12 - 24 months 3 months
Contribution: Funding, Sponsorship, Interns, Acquisitions, Technologies, Mentorship
Development Timeline
TTO Projects
Student Ventures
External Entrepreneurs
Incubation
Service Provider Network
Online Content
Community
Talks
Pitch IN
Office Space/Hot Seats
Intern Programme
Mentor Programme
Acceleration
Coaching
Investors Network
Accelerator Modules
Pitching Platform
Hot Seats Ideas
Programme
Service Provider Network
Market Access
Countdown Programme
Post -Incubation
Mentor Programme
Service Provider Network
Intern Programme
Valid Idea
Convertible Notes
Feasible Plan Healthy Start-up/Validated
Business Model
LaunchLab COMPANY DEVELOPMENT TRACKS
* Meeting rooms and hot seats ** Preference for High-Growths and TTO Spin-outs
Source
TTO Projects
Student Ventures
External Entrepren
eurs
Selection
Pitch-In Meeting
Idea Programme
Co
mp
any
Ap
plic
atio
n C
rite
ria
Post Incubation
Development Track
High Growth
TTO Spin out
Ideas Winners
Service/ Social
Community
Online Content
Free Office Space
Seed Capital and Market Access
Free Hot Desks**
Accounting Services
Service Provider Network
Talks
Countdown Programme**
Acceleration Programme**
Mentor Programme
Intern Programme**
Rent Facilities*
Coaching Programme
Online Portal**
Rent Facilities* Free Facilities
Co
mp
any
Exit
Cri
teri
a
Launchlab verticals
Fintech & Big Data
Paid Media Cleantech Agritech & Food
Edutech
Thank you
Philip Marais
Email: [email protected]
@TheLaunchLab
www.launchlab.co.za
Tel: 021 808 9494