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Dutch Incuba+on Forum 12/11/14 Prof. Bart Nieuwenhuis 1 Bart Nieuwenhuis Services Valley Province of Limburg The Netherlands HEALTH Preven+on, Heart, Brain BIG DATA Data intensive services BUSINESS PROCESSES Incubator for information services AGRO FOOD Logistics, Health CHEMISTRY Biobased materials

Bart Nieuwenhuis Services Valley - dif14-12-11-2014

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Services Valley is het open innovatie programma van Canon-Océ waarin de incubator, het spin-off programma en de Service Business School samenvallen. Het is opgezet vanuit de visie dat Canon-Océ een op innovatiegericht netwerk nodig heeft om relevantie te winnen.

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Page 1: Bart Nieuwenhuis Services Valley - dif14-12-11-2014

Dutch  Incuba+on  Forum   12/11/14  

Prof.  Bart  Nieuwenhuis   1  

Bart Nieuwenhuis

Services Valley Province of Limburg

The Netherlands

HEALTH  Preven+on,  Heart,  Brain  

BIG DATA Data intensive services

BUSINESS PROCESSES Incubator for information services

AGRO FOOD Logistics, Health

CHEMISTRY  Bio-­‐based  materials  

Page 2: Bart Nieuwenhuis Services Valley - dif14-12-11-2014

Dutch  Incuba+on  Forum   12/11/14  

Prof.  Bart  Nieuwenhuis   2  

CROSS CLUSTER KNOWLEDGE INPUT Business Intelligence, Supply Chain Management, Logistics, Service Innovation Important Reach SME which are not part of the cluster community

Research, education, and entrepreneurship in the five clusters is tightly linked with the local knowledge providers

What is Services Valley? Open Innovation Environment around Canon-Océ •  Business Incubator

–  attract new entrepreneurs and (start-up) business

•  Corporate Incubator –  open innovation of business

units of Canon-Océ

•  Business Services School –  Diploma Program UM and RSM

Incubation Programme •  Intake •  Stage-gate process •  Investor Day

Page 3: Bart Nieuwenhuis Services Valley - dif14-12-11-2014

Dutch  Incuba+on  Forum   12/11/14  

Prof.  Bart  Nieuwenhuis   3  

6% share in start-ups

~5 year revolving funds from participations

Supporting infrastructure (housing, workspace, event space, IT)

Domain Projects

Incubator

Subsidies

Corporate Incubators

Others Foundation

Investors Rabobank &

LIOF

Corporate Companies

Canon-Océ

Corporate Investors

Private Investors

Formal Investors Rabobank /

LIOF

BUSINESS

Province of Limburg

Corporate Incubators Canon / Océ

Domain Projects

Customers Academic Universities

Universities of applied sciences

Open Innovation Environment

IDEA

Business Services School

Co-creation projects

Services Valley in 1st and 2nd phase SV 1.0 (2012-2013) SV 2.0 (2014)

•  19 companies in programme –  5 companies in phase #1 –  8 companies in phase #2 –  6 companies in phase #3

•  3 companies completed –  2 looking for funding now –  1 company received funding

Page 4: Bart Nieuwenhuis Services Valley - dif14-12-11-2014

Dutch  Incuba+on  Forum   12/11/14  

Prof.  Bart  Nieuwenhuis   4  

Services Valley’s startups

Province of Limburg as a Large Scale Demonstrator Region

•  “The Province of Limburg is one of the few regions in the EU with advanced policy thinking in terms of developing its manufacturing industry through the transformative power of service innovation.”

•  Policy brief for the Province of Limburg, European Service Innovation Centre, 2014

•  ESIC Recommendations 1.  Governance structure 2.  Create more synergies 3.  Meeting platform 4.  Branding strategy 5.  Include rest of economy 6.  Cross border policies 7.  Design KPI framework

Page 5: Bart Nieuwenhuis Services Valley - dif14-12-11-2014

Dutch  Incuba+on  Forum   12/11/14  

Prof.  Bart  Nieuwenhuis   5  

Service Innovation for Manufacturing SMEs

Short term strategy •  Pilot program

–  Training and Education –  Service innovation tool –  Promotion tour –  SME symposium –  “Best Practices”

Long term strategy •  The transformative power of

service innovation in manufacturing industry

•  Contributions to program for new coalition 2015-2019

•  Depending on elections and political decision making

Transformative Power of Service Innovation for Economic Growth

•  It’s all about services… –  production related services –  product related services

•  Province of Limburg supports Services Valley (Océ, Venlo), Service Science Factory (University of Maastricht), and Smart Services Hub (APG, Heerlen), to co-operate in stimulating economic growth in strong SME sectors: manufacturing, agro-food and logistics.