Driving Innovation in Romania

Driving Innovation in Romania
Olaf Lausen
Cluj Innovation Days
19th March 2015
Business Development Telekom Romania
Cosmin Ochisor
Business Development Hub:raum
When I think of innovation, I think of:
1 San Francisco Bay Area
2 Tel Aviv creative IT
3 New centers in Bangalore
2 Innovation in Tel Aviv
• 1.1 trillion $ market cap in a 15 km radius
alone • More than 5,000 start-ups in Tel Aviv
• More than alone
1/3 of all Venture Capital
• More
than
investments
in the
US15 bn. Euro in 70 exists in
Israel,
most in
Tel Avivand
• inexit
1/3
of India’s
ITalone
export
• 100-150 bn.2014
$ in
valuation
outsourcing
market
• Israel has
the highest
Venture Capital
confidence
index,growing
after themetropolis
US
• 2nd fastest
in
India
• One of the highest living
standards in India and in the
Should I also think of Cluj? Why?region
Cluj is a net contributor to the Romanian economy and society, partly
through a high growth of the IT&C sector
IT&C sector growth (2009=100)
%
180
GDP per capita in 2013 (thousand Euro)
+14%
Cluj
160
140
120
National
Average
100
0
2009 2010 2011 2012 2013
&
8.2
7.2
Cluj
National average
Still, in order to be sustainable, this growth requires a
focus on innovation-based business model
*source: The National Statistics Institute of Romania
What is real innovation?
*
Looks
familiar?
Get
ready
for the fog!
*source: Cristophe Gillet
Deutsche Telekom is active across the entire innovation chain
Hub:raum is an integral part of
DT strategy
No equity
Global Partnering
Minority
Share
Majority
Share
Hub:raum
T-Labs
Fully Owned
T-Venture
Telekom Innovation Pool
DBU Business Units
Biz. Dev.
Stage
Seed/EarlySta
ge
Growth Stage
Mature Stage
It offers key advantages
compared to classical
acceleration programs:
Market access
Up to 80K Eur for 10-20% equity
Co-working spaces
Network of experts
Telekom Romania is active in diverse innovation areas in
Continuous involvement in the start-up
community
Supporting co-working spaces (e.g.
Tech Hub)
Main partner in innovation events (e.g.
How to Web)
Supporting makerspaces / hubs
focused on technology
Cooperation with Universities and
other educational institutions
Entering vocational education
Product portfolio adapted to
entrepreneurs and SMEs
Deutsche Telekom developed key partnerships with other industry
leaders
www.challengeup.eu
Knowledge, experience, client database, distribution
channels, HR , tech. and infrastructure for
participating startups.
Advantage for start-ups:
Access
Accelerate G2M
Investment
Commercialization
Nice concepts and initiatives.
Let’s start working together - We are eager to do so!
Our focus areas are
Smart City solutions
Internet of Things
Smart homes
Education
New technologies
… and many others
Questions & Answers