Along with the application form a brief Business Plan is required with the following information:
- Goals of enterprise, market information, their clients, costs, cash flow predictions
- Know how, intellectual rights
- Possibility of further know how development
- Financing possibilities and guidance by experienced entrepreneurs (business angels, mentors)
- Existing or future cooperation with Universities and Research Centers in Greece or abroad
- Administration team, enterprising experience and training background
- Personal commitment of the team (very important)
- Agreement on available services by PSP for enterprising needs
Guidance for the composition of the plan is available. The general outline is the following:
CONTENTS OF A BRIEF BUSINESS PLAN
1) Summary
2) Activity Description
- Goal
- Comparative advantages
- Relation with other research foundations
3) Product / Service Description
- Comparative advantages regarding the market
- Product / service development
4) Intellectual Rights
- Patents, know how
- Constraints in entering the market
5) Market Analysis
- Size, growth rate, characteristics, sectors
6) Clients
- Categories
- Who influences the market
7) Competition
8) Management
- In the medium-long term
- Needs, personnel, motives
9) Business Operation
- Productive Process
10) Financing
- Financing Ways
- Cash flow analysis
All firms that are accepted, sign a contract (between PSP and firm), which initially lasts for twelve (12) months (trial period). After the passage of the twelve (12) month period, the business is obliged to ask for a renewal of the contract or not, submitting also a brief progress report and planning for the next period (usually 1 year). If it is judged satisfactory, then the contract is renewed for twelve (12) more months (usually). This procedure goes on for approximately 3 years, and then the possibility for the companyʼs leave is examined, especially if there is not enough area for its development. This is not obligatory and is examined by the PSP Board of Directors.
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Process for a Firm to Join PSP |
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Candidate Unit Actions
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PSP Actions
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1. Written request of unit to PSP
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2. Personal touch. Presentation and information catalog (prices, available services, benefits, obligations, type of cooperation etc.). Hand over or send the form “Application of candidate unit – description of action plan in PSP» as well as the guide to the unit that has expressed interest – List of necessary submissions
3. Appointment of an individual for communicating with the unit
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4. Fill out an application form and submit anything necessary (according to the guide)
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5. Submit proof of submission (Protocol Number).
6. First review. Rejection due to basic characteristics and forward for evaluation
7. Evaluation of application, composition of report, evaluation of submitting the case to the first meeting of the Board of Directors.
8. Inform the unit and invite it to present their proposition. Negative opinion, inform unit (can resubmit application). Reserved opinion, inform unit and invite to present to the Board of Directors. |
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9. Presentation of unit to committee or Board of Directors
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10. Final decision of the Board of Directors.
11. Initiation of the joining procedure.
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12. Sign the contract and completion of joining process
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Along with the application you must form a brief Business Plan
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Criteria for the admittance |
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The special areas that comprise the Business Incubator and the Business Innovation Center are available for the initial settlement, the temporary operation and creation of special firms, spin-off companies. In these areas the supportive facilities and services of PSP will be provided, so that the guest units to implement their business plan.
Entrepreneurial schemes incorporated in the Business Innovation Center must be newly established (or under establishment). The primary objectives are:
- To set up
- The completion - perfection and protection of their innovative product
- The setting-up and testing of their plan for exploitation of the innovative product
Entrepreneurial schemes incorporated in the Business Incubator unit should have gone past their preliminary establishment stage (inside or outside the Park), and should be in possession of an innovative product. Their incorporation focuses in
- Protecting their product (in case they have not done it yet)
- train and try out their exploitation plan for the innovation
- Implementing their plan of commercial exploitation of the product
Units to be admitted - Unit Form (Legal Forms)
Units of the following legal forms can be accepted for joining the Business Incubator or the Business Innovation Center:
- Enterprises and organizations in general
- Entrepreneurial schemes
- Teams that may cooperate with enterprises or entrepreneurial schemes
- Parts of the above-mentioned entities with activities complementally to those of Patras Science Park.
Characteristics and Objectives of the units
The units that are qualified for acceptance in the Business Incubator or the Business Innovation Center function are defined as "Transformation of R&D results into Innovation". Their activities in general are targeted in:
- Integration of an Innovative product or idea
- Linking between Research, Innovative technological development and enterprises
- Validation and exploitation of R&D results
- Improvement of the enterprises' competitiveness
These units should complement the Park in order to create an ideal environment for promotion innovativeness for entrepreneurial operation, and as a procedure of creating new exploitable entities and promoting the innovative products. The operation & development plans of units characterized by innovativeness aim in achieving results that contribute in:
- Renewal and broadening the product and services spectrum
- Renewal the production, supply and distribution procedures
- Introduction of changes in organization and administration methods
Criteria for the admittance of new companies in the Business Incubator or the Business Innovation Center
In the Business Innovation Center and Business Incubator the units that can be accepted for joining, are the ones that fulfill the following criteria:
- Through their operation and development plans, adopt innovativeness as a special way for enterprising operation that aims to a special – innovative - result
- Aim to create and develop innovative results that contributes in:
- Renewal and broadening the product and services spectrum
- Renewal the production, supply and distribution procedures
- Introduction of changes in organization and administration methods
- Act in such a way so that to contribute in joining research and innovative technological growth with the production area, targeted general in
- Validation and exploitation of the R & D results,
- Improvement of the enterprise or organization competitiveness
- Act in such a way so as to contribute with their scheduled activity in creating in P.S.P., an ideal environment for:
- Promotion of innovativeness as a way of entrepreneurial operation
- Promotion of innovation as a procedure of creating new exploitable entities
- Promotion of innovative products and ideas: new exploitative ideas, products, procedures – methodologies (including those for organization), as well as services (including social services) that define a framework for joining innovative ʽtechnologicalʼ growth with economy and the competition of businesses and organizations
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Development of Services to provide
Services for development of enterprising activity:
• support and development of companies of Incubator and Innovation Center
• support and development of the Technology Transfer Unit and Innovative Management Techniques Unit for Enterprises
• participation in national and European programs, financing of the innovation, partner search, participation in human networks
• provision of funds for support and development
• search for technology providers
• search for potential customers and competitors
• Industrial Property and Intellectual rights (IPO)
• National & International Standards - Quality Assurance (ELOT)
• cooperation with the Research and Technology Sector (University of Patras, FORTH/ICEHT, CTI), Cooperation with the technological organizations supervised by the Greek Secretariat of Research & Technology (CERECO, CLOTEFI, ΕΤΑΤ, MIRTEC).
Information and brokerage services:
• support and development of the "One-Stop-Shop"
• technical support of computer network
• Internet services (e-enterprising, e-commerce) and web-sites design (web platform, hosting, networking)
• access in databases, electronic library
• methodologies of technological adaptation.
• Financial and legal services:
• financial supervision of projects and programs
• book keeping and accounting services
• elaboration of technical and financial studies
• support on business plan’s preparation
• support on legal issues.
• Secretariat and technical services:
• reception, central, secretary services, replacement in absence
• communication services (postal, telephony, fax, e-mail)
• technical service and maintenance, cleaning services, protection
Improvement of standard services and facilities
• Use of xerographic copier
• Use of shared heavy-duty computer printer
• Use of Telecommunications infrastructure
• Use of Computing infrastructure
• Use of a dedicated computer system for Desktop Publishing and Multimedia content creation
• Internet connection via the Patras Science Park's domain
• Use of meeting room
• Use of Conference Hall
• Use of library and on-line library, access to databases
• Use of buffet / dining room and relevant equipment
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Services