Bert KlarusSenior Business Developer Aero-Space

Niels KrolAccount Manager Aero-Space

Aerospace Opportunities in West Holland

NAG sectorbijeenkomst 27 September 2019

Introducing InnovationQuarter

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Who we are

“InnovationQuarter is dedicated to enhancing sustainable economic development in the Rotterdam-The Hague region by unleashing its innovation potential”

Our mission

More about our region: click on the map to watch a video

▪ Ministry of Economic Affairs and the Province of South-Holland

▪ Municipalities of Delft, The Hague, Dordrecht, Leiden, Rotterdam, Westland and Zoetermeer

▪ Three universities of Delft (University of Technology), Leiden & Erasmus Rotterdam and their academic

medical centers Erasmus MC & LUMC.

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About InnovationQuarter

Shareholders

Invest & Innovate in West Holland

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InnovationQuarter /What we do

We invest in innovative and fast growing companies (InnovationQuarter Capital)

We assist foreign companies to set up their business in the region(InnovationQuarter Foreign Investments)

We set up new ways of cooperation between companies aimed at creating new business (InnovationQuarter Business Development)

▪Energy ▪Circularity▪Maritime & Port▪Life Science & Health▪Cybersecurity▪Hightech Systems & Materials▪ ICT▪Horticulture▪Aero-space

/ invest & innovatie in West Holland

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InnovationQuarter

Our verticals

New Regional Focus7

Shaping the Next Economy

▪Energy transition (sustainable aviation)

▪Circular economy (re-use & recycle; zero waste aviation)

▪Digital economy (sensors/IoT, AI, machine learning, quantum computing; digital aviation)

Aero-Space AgendaZuid-Holland 2016-2025

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Aero-space Agenda Zuid-Holland9

▪Why an industrial agenda?▪ Part of regional economic policy▪ MoU PZH - JU CleanSky

Strength of the Aero-Space Sector in Zuid-Holland10

Business parks:• Space Campus Noordwijk• Unmanned Valley Valkenburg• Technology Park Ypenburg• Campus TU Delft• Rotterdam The Hague Innovation Airport• (GKN-Fokker, Papendrecht)

Research institutes, education&incubators:• TU Delft AE• Universities of Applied Science Delft• ESA-ESTEC• SAM|XL/Robotics Institute• Delft Space Institute• YES!Delft• ESA-BIC

Regional Funding Options(grants)

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Regional grants for Research & development projects12

▪MIT feasibility study (€20k; 40%; annual 1 call)

▪MIT R&D project grant (max €350k; 35%; annual 1 call; min. of 2 SME-partners)

▪SMITZH; practical&financial support for smart industry projects (smitzh.nl)

▪EFRO funding Kansen voor West; € 50 mln (new program under construction)

▪ Innovation (fieldlabs/proeftuinen, etc..)▪CO2 neutral economy▪Sustainable city development

▪Campus arrangement (Space Campus, Leiden Bioscience, TU Delft Campus)

What is a fieldlab?

• An environment in which new knowledge is used to develop cost-effective solutions for societal issues.

• Mainly, but not exclusively, intended to allow SME’s to cooperate with knowledge institutes and educational establishments in a single R&D-like environment.

• Consisting of a R&D environment where joint innovation projects can be implemented and demonstrated

Fieldlabs13

SAM|XL (Smart Advanced Manufacturing XL) is a collaborative research centre where technology is being developed, demonstrated, and de-risked for automated manufacturing of large-size lightweight composite parts for aircraft, wind turbine blades, spacecraft and maritime applications.

The establishment of SAM|XL is an outcome of the Composite Automation Development Program (CADC), which is funded via the European Fund for Regional Development (EFRO). The CADC consortium comprises TU Delft, Fokker-GKN, Airborne, Airbus Defence& Space Netherlands, Suzlon, TNO, GTM Advanced Materials and KVE.

Total project costs: 12.5 mlnGrant: 4.25 mln (EFRO, PZH+EZK co-funding)

Example: SAM|XL14

Other examples15

▪ Unmanned Valley Valkenburg: outside&inside test facilities for drone technology and value adding applications; office&shop space; makerspace facilities (LiS); supporting program in collaboration with Yes!Delft&ESABIC. (Katwijk, TU Delft-MavLab, InHolland, LiS, Drone Academy, Arialtronics, Atmos, NLR, AvionicS, …)

▪ Airport Technology (field)Lab: (part of RHIA-program) development, testing & demonstration lab for new airport innovations mainly in the digital domain; open airport data platform, weather now-casting; resilience flight planning&terminalprocesses; etc.; RTHA, Rotterdam, TU Delft, ADECS, to70, Robin Radar, SkyEcho, Bagchain, Haagse Hogeschool, Rijnland College, World Startup Factory)

IQ Capital

/ invest & innovate in West Holland

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▪ Own investment fund in expanded to EUR 137mln over 3 funds:

▪ First fund ‘IQ Capital’ currently @ EUR 80mln (innovative potential of our region)

▪ Second fund ‘UNIIQ’ @ EUR 22mln (proof-of-concept fund)

▪ Third fund ‘ENERGIIQ’ @ EUR 35mln (energy-innovation fund)

▪ Innovative SME and early-stage companies

▪ Revolving in nature (maintain capital / invest, divest & re-invest)

▪ Co-investment to maximise impact of funds

▪ Stimulate a.o. employment, innovative capacity, economic activity and CO2 emission

reduction in our region

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Funds managed by IQ Capital

Lifecycle financing: investing in all stages

We are a proactive and engaged investor in innovative companies in the Province of Zuid-

Holland, in all phases of organisational maturity, from proof- of-concept to MBO-

/acquisition financing

Research and development

Development phases:

Prototype /Proof-of-concept

Pilot / Demonstration

Commercialisation & Production

Proven &Competitive / Series A

Internationalisation / Growth / Buy &Build

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IQ / Capital

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Financing instruments

IQ / Capital

€ 300.000

€ 250.000

€ 100.000

€ 4,3 mln.

€ 5 mln.

Investment range 19