and entrepreneurs Aitor Garro ZABALA INNOVATION CONSULTING - - PowerPoint PPT Presentation

INNEON, the meeting point of eco-innovative investors and entrepreneurs

Funded by:

Aitor Garro

ZABALA INNOVATION CONSULTING www.zabala.es

Funded by the European Commission DG Environment ENV A.1 - Unit on Eco-innovation and the Circular Economy Duration January 2014 to June 2016 – and beyond 10 partners From 6 countries Geographical & topical task share

INNEON project INNEON, the network of eco-innovation investment

Identify, support and coach eco-innovation entrepreneurs and SMEs to reach investor readiness Creation of a network of investors and financiers Matching entrepreneurs and investors via an IT platform and networking conferences INNEON objectives

Innovators

Entrepreneurs or SMEs with eco- innovation product, service or business model

Investors

Business Angels, Venture Capital (VCs) and Corporate Investors Receive customised coaching & access to investors Connected online and at live events Receive suitable, pre-screened investment

• pportunities

INNEON at a glance

INNEON platform: www.inneon.eu

Benefits for Entrepreneurs

What does INNEON offer innovators – entrepreneurs or SMEs? Services at a glance

Steps for Entrepreneurs INNEON services are routed through www.inneon.eu in 3 phases: 1) Evaluation of applications (30 days) 2) Coaching: companies showing great potential will benefit from the support of a coaching team to make the company investor ready (Membership Area/INNEON documentation/Coaching support) 3) Presentation to investors via INNEON partners and live events + Access to INNEON Community in EuroQuity

What does INNEON offer innovators – entrepreneurs or SMEs? Self-help tools and networking Preparation to create value propositions Access to investors Boost marketing innovative products and services ecosystem

Maturity of the eco-innovative solutions

Maturity of the eco-innovative solutions

Opportunities for Investors

What does INNEON offer investors? Investment proposals of high quality Access to a specific market sector Potential exit opportunities Syndication opportunities with like-minded investors Added environmental value

3 types of investors Bussiness Angels Venture Capital Funds Corporate Investors

BIOBOXX: TURNING GREEN WASTE INTO GREEN ENERGY

The innovation

• The current method of disposing commercial
• rganic waste is expensive, impractical and
• unhygienic. BioBoxx is the biodegradable box

for organic waste from companies and

• institutions. The BioBoxx is leakproof, fully

biodegradable and available in two sizes (20 and 35 liters). Delivery with a special bio-nano coating is possible, which makes the box waterproof and fireproof.

1

€

The BioBoxx saves > 40% waste costs: by eliminating combustion and cleaning costs and a significant decline in waste transport costs 2 3 5 6 4 The Bioboxx’ waste stream is financially transparent: because of the fixed price per BioBoxx. In addition, track and trace can be integrated for direct insight into the logistics of waste The BioBoxx is hygienic: can be picked up without touching the

• content. Also no smelly containers and

bacteria formation because the BioBoxx is discarded after use The BioBoxx saves space: it is delivered folded, so it occupies up to 20x less space over a waste container The BioBoxx is practical: water resistant, stackable and easily transportable to the disposal location The Bioboxx is sustainable: less transport leads to CO2 reduction. In addition, the solid-board BioBoxx is biodegradable and can be processed in a fermentation, composting

• r biomass plant

https://www.youtube.com/watch?v=hvBIyAjWrGg

A box full of opportunities: the need for an investor

• The two entrepreneurs were able to fully develop and patent the box,

execute a full-scale pilot and establish key contacts throughout the value chain within a little over a year. Many of these activities were financed by the two entrepreneurs themselves with additional support from a business angel.

• As soon as the demand for the boxes became quite apparent and realistic,

and more and more information requests were received from various international markets, Bioboxx decided to find an investor to jumpstart the full-scale production and market development. A new Director of Sales Europe, Rick Jacobs, was involved to gain momentum on the international market.

• Playing an active role in the area of networking and PR, and gaining more

and more recognition as a successful sustainable start-up, they were able to generate much attention in the region of Drenthe.

• After a relatively fast and positive negotiation period, Bioboxx was able to

close the deal with MKB Drenthe. Hans and Harry expect a very positive and supportive relationship with regional investment fund.

Smart BioSystems – Farm Scale AD Project Developer

WWW.INNEON.EU 19

• Standardised 100-200KWe Anaerobic Digestion installations for

100% on-site waste management

• Innovative business model adapted from solar sector to deliver

value for the farmers, project financiers, and equity investors.

• Standardised turnkey combined heat and power (CHP)

installations – minimise technology risk and eliminates common barriers to deployment.

• Investing to build competitive advantage - developed own plant

control software.

• Partnership agreements with organisations with preferential

agricultural sector market access – 10 active projects.

Smart BioSystems – Feedback on INNEON

WWW.INNEON.EU 20

• ‘Re engineered our strategy’
• ‘Helped us generate a simple and compelling story’
• ‘Able to test ideas and options in a safe environment’
• ‘Opened doors that otherwise might not have been opened’
• ‘Helped improve our engagement with potential partners and

investors’.

Secured £3.6 m in risk finance for the construction of 3 plants with £20m of roll on finance for future pipeline agreed.

QUALITY FRY

Would you like to join INNEON?

info@inneon.eu www.inneon.eu

Thank you for your attention!