The document summarizes a presentation about business incubation in Timisoara, Romania. It describes the incubator as a joint project between local public entities and the Politehnica University, supported by GTZ. It has housed 27 companies total, creating over 75 jobs and $1.25 million in revenue between 2004-2008. Current projects include initiatives to support software SMEs and promote youth innovation. The incubator provides services like office space, training, and networking to support local startups.
Business Incubation in Timisoara Facts and Figures
1. Business Incubation in Timisoara.
Facts and figures
Radu Ticiu
executive director
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
2. Content
Generalities
Current Projects
Project's results
Networking: regionally
Incubated and globally
companies
Online presence
Services portfolio
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
3. Generalities
Result of a joint project of local public entities (City Hall/Council,
County Council, “Politehnica” University), supported by GTZ
Locally founded & locally funded
Mentioned in and aligned to Timisoara Area Social and
Economic Development Strategy (19992000)
Not legal registered entity, administered by UBIT SRL
About 600 sqm, ultracentral location, greenarea (~)
Maximum capacity: 18 incubation spaces
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
4. Project's results
Functional infrastructure
Dedicated, professionalized
staff
Extended service portfolio
Connections to
local/regional/global business
support specialized networks
Involvement in the dynamics of
the IT&C sector
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
5. Incubated companies
27 admitted companies
15 companies presently
functioning in the Incubator (+
ARIESTM, HELP)
10 graduates (5 in post
incubation status)
5 „aborted” companies
21 training activities organized, totaling ca. 200 hours
75+ jobs created
1.250.000+ EUR turnover (200408)
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
6. Incubated companies 2
MHS Ware
Silver No 9
Softage
Abstract Connection
Soft Class
Bodrag SRL
Dow Media
− Alter System
HPCConsulting
− Werbo
Soft Build
− SIPS
Seven Bit
− Reflection
2G Prod
Media
− GordianLogic
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
8. Services portfolio 2
Information access
Facilitating the participation to fairs
Training
Business consultancy
Legal and tax consultancy
Facilitation of academia contacts
“Early stage” financing (currently in
development)
Networking facilitating
Facilitation of access to free
development software (BizSpark
Network Partner)
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
9. Current projects
Software for Competitive SMEs
− ROSE CBC project coordinated by
ARIESTM: inclusion of incubated
companies in a printed & online
directories, participation to events
Youth 2 Innovation
− WB financed project to promote
innovative projects, BP Competition
− ACHIEVE MORE
EU funded project to promote KIS incubation and clustering
and innovative incubatorconnected financing instruments
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
10. Partners
•ARIES Romanian Association of •St. John's Innovation Center
Electronics and Software Industry Cambridge
•ANIS •Finance Tree
•Timisoara Universities •Modatim Investment
•West Romania Regional •Zrenjanin Business Incubator
Development Agency •Seed Money
•ADETIM •startups.ro
•Timisoara Chamber of Commerce, •CICOM (France)
Industry and Agriculture
•Sacalaz Business Incubator
•Zenit GmbH (Germany)
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
11. Networking
Business Incubation Networks
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
13. Online presence 2
Statistics 2008
Visits: 5101
Countries sending Visitors:
75
Average pages/visit: 3,76
Average visit duration: 3 min,
12 s
Ţara
Romania
% new visitors: 61,24%
Germania
Statele Unite
Franţa
May 19th, 2009 Business Incubation Conference • Timisoara • Romania
14. Contact
TIMIȘOARA SOFTWARE BUSINESS INCUBATOR
Radu Ticiu and Andrei Deheleanu
9th Bd. Republicii, 3rd floor
300159 Timisoara
Tel: +40356/401.222
Fax: +40356/401.223
office@itincubator.ro
www.itincubator.ro
May 19th, 2009 Business Incubation Conference • Timisoara • Romania