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‘SME Success story’ 3 rd Pan-European SME Event Vision 2020 Barcelona, 4 th April 2014

‘SME Success story’ 3 rd Pan-European SME Event Vision 2020 Barcelona, 4 th April 2014. How we started. Process engineering company. Vision to create an R&D and advanced engineering company to ‘bridge innovation gap’. Own capital 150 K Loan €100K 20 m2 office in Barcelona. 2007.

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‘SME Success story’ 3 rd Pan-European SME Event Vision 2020 Barcelona, 4 th April 2014

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  1. ‘SME Success story’3rd Pan-European SME EventVision 2020Barcelona, 4th April 2014

  2. Howwestarted • Process engineering company Vision to create an R&D and advanced engineering company to ‘bridge innovation gap’ • Own capital 150 K • Loan €100K • 20 m2 office in Barcelona 2007

  3. Ourpositioning StrategicallypositionedbetweenUniversities and Industry: specialisingin scaling up technology & processesfromlab to production line

  4. Howwegrew 48 staff ISO &UNE Certification 44 staff Operations & procedures 32 staff Commercial team International-isation (Ireland) 2013 5 SME projects 1 SME-AG 1 DEMO 1 MANUNET 1 KBBE 7 private contracts New product development ‘To-market orientation’ 2012 5 R4SME 1 SME-AG 2 DEMO 1 MANUNET 1 KBBE 5 private contracts 25 staff Investment in own laboratories & workshops 2011 4R4SMEs 1 SME-AGs 1 MANUNET 1 NMP 3 private contracts 20 staff Investment electronics lab Agreement to access Uni labs 2010 3 R4SMEs 1 SME-Ags 2 private contracts 14 staff Move to ‘Mediterranean Technology Park’ 2009 3 R4SMEs 1 SME-AGs 2 staff 20m2 2008 2 R4SME projects 1 SME-AG 2007 3 R4SME

  5. A successfulcampaignin FP7 • 25 %- PhD qualified • Engineering team • Optical • Mechatronic • Electronics • Programmers • Modellers • Software • Telecommunications • Mechanical • Scientific team • Chemists • Biologists • Microbiologists • Biochemists • Physicists • Continuous investment for Growth • 48 staff • 2 sites (BCN, Dublin) • Engineering workshops • Labs (optics, telecos, analytical, wet chemistry) • Pilot facilities (Plasma, PEF, Ultrasound, Bioreactor, Coating line, HIS & NIR integrated into a conveyor line • Innovation Hub (accelerator environment & sprint room) • Building test rigs • Scaling up prototypes • Integration & demonstration in industry • Laboratory validation • Industrialisation • Project Management • Knowledge Management • Innovation Management • 40 projects • 2 KBBE • 1 NMP • 3 MANUNET • 31 Research SMEs/Ags • 3 DEMO Actions • 34 led by IRIS Knowledge Revenue Talent Networks Experience • > €40 M in total • > €14.5 M for IRIS • €1.1 M from projects led by third parties

  6. Examples of scaled up results in FP7

  7. IRISevolution

  8. Are there any keys to our success? Hard work Continuous improvement Talent Invest, invest, invest Long-term vision

  9. Ideas that make market sense Make our ideas as ‘physical’ as possible Strong and relevant partners (and win-win) Branding Impact, impact, impact What did we do well at proposal level?

  10. Good project managers and procedures Operations (from automotive sector) Create a ‘project team’ Understand who the client is Risk management and quick action What did we do well at project level?

  11. Lessons we learned the hard way? TRLs (make sure technology is ready to come out of lab) Staff (right person right job) Operational planning (no fire fighting!)

  12. Thefutureisbright

  13. Wesee H2020 as a greatopportunity A strategy for GROWTH and JOBs • helping to bridge the gap between research and the market • helping innovative enterprise to develop their technological breakthroughs into viable products with real commercial potential • promoting activities where businesses set the agenda • prototypes, pilot implementations, demos, etc. Innovation Union

  14. V2020: Buildingournetworks and formingpart of a community IRIS has recently joined as an SME member • A platform for meeting RTO and SME collaborators • A community to share ideas, knowledge, advice and experience • A source of partners and quality proposal concepts • Visibility Building opportunities together

  15. What’sontheHorizonfor IRIS thanks to oursuccess in FP7? • Product launch in 2014 • Branch facility in Hong Kong • 3 patent applications • 1 joint company (WHEYLAYER Ltd.) • Joint development with global multinational for biomaterials development • Exclusive integrator for 2 optical hardware companies • B2B contracts with leading food & pharmaceutical companies

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