Investments in start ups by “Business speed-dating” events

Project information

Index: 1125R4
Acronym:CIE
Priority:1: Innovation and the knowledge economy
Sub Theme:Entrepreneurship and SMEs
Location FRANCE ÎLE DE FRANCE Essonne Île de France Start/End date of the practice
Start: 2005

Topic of the practice

business support

Good Practice Information

IncubAlliance connects the start-up to “business developers” (managers who have capital and free time, and that want to invest in start-ups). To give investors a central role in the maturation phase of the local cleantech incubation process. As Pierre Perrot (Director of IncubAlliance) underlined, “the final output of the (start-up) project won’t look like the initial project:
either they are adapted to demand, or they disappear. This is a real Darwinian process: the survivors are those who are adapted. That is why we built business speed dating events. This practice complements the traditional selection process in Essonne, which cannot fully play its role because the diversity of the cleantech ecosystem is not rich enough.

Evidence of success

IncubAlliance accepts today that cleantech projects are obviously missing both technical and commercial maturity. The main purpose of the incubation process at IncubAlliance is to build this corporate ability and link good ideas to interested business developers that believe in it, and corporate investors that are committed to invest.

Contact details to obtain further information on the practice

Philippe Moreau (directeur)

Incuballiance

contact@incuballiance.fr

www.incuballiance.fr/

Annex completed on: 11-29-2014

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