How to secure the life science ecosystem in the Greater Copenhagen Region Dr. Peter Høngaard Andersen Managing Director, IFD November 7th, 2016 r
Innovation Fund Denmark - Agenda • “Jammer – kommode ” • I have a dream 2
Knowledge based growth We invest in entrepreneurs, researchers and enterprises with the knowledge and right ideas to generate Growth and employment in Denmark 3
Role of Innovation Fund Denmark Investments Entrepreneurs Customers Universities Users SME ´ s Enterprises ”Valley of death ” Business Ideas
Hard facts • The Danish pharma -Medico industry exported in in 2015 in excess of 85 billion DKK • Potential for raising the export to beyond 130 billion DKK in 2020 (Facts from Lif, 2016) 5
Our offer to you Grand Solutions Talent InnoBooster
Three ways to cross ‘the valley ’ Investments 2014 and 2015 Mio DKK 2014 1400 1243 1200 2015 1027 1000 800 600 16% Life Science 30% Life Science 24% Life Science 400 171 140 200 113 80 0 Grand Solutions InnoBooster Talent 7
Investments in Grand Solutions Life science versus total investments • Total funding reduced by 46% from Investments in Grand Solutions (2010 - 2016) 2010 to 2016 Life science Biotek, medico og sundhed Mio DKK Total 1.600 1.436 1.426 1.400 • Life science funding reduced from 385 1.245 1.226 1.200 1.101 1.035 mio. kr to 123 mio. kr. (68%) 1.000 776 800 • Constant high number of applications 600 385 400 293 242 229 236 161 123 200 • Increasing competition – success 0 rates going down 2010 2011 2012 2013 2014 2015 2016 8
How to “build” a cluster and ensure continous growth? New SME & Start-ups Infrastructure Frame conditions Education Good Living Financing Science Regulation
I have…
… a dream ‘ and if I had the money !
… of an Incubator … … The
It creates jobs… The
…and new enterprises… The
… and growth in Denmark.. The
The Incubator itself also creates jobs, enterprises and The growth
We need you – and your ideas! 17
innovationsfonden.dk
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