Innovation and Entrepreneurship Program November 12, 2009
www.infodev.orgThe World Bank | 1818 H Street NW | Washington, DC 20433
infoDevHarnessing Innovation and Entrepreneurship for Development
infoDev’s goals:
• infoDev’s Innovation and Entrepreneurship Program aims to build local capacity in the private sector of developing countries to foster innovative enterprise creation and growth, particularly at the SME level.
• infoDev focuses in particular on the acceleration and scale-up of innovative early stage technology companies – such as ICTs and Climate Technologies, as well as on the utilization of ICT to increase enterprise competitiveness.
Building Local Entrepreneurial
Capacity &
Catalyzing Innovative Solutions
Providing Training,
Toolkits and Advisory Services
Pioneering Experienced-
based Research
Facilitating Communities
of practice
A grassroots community of SMEs and Entrepreneurs
287 incubators in over 80 developing countries 8900+ small enterprises creating 104,000 new jobs
The Poor; 134Youth; 123
No. of incubators that target youth, the poor, and women
Enabling Innovation & Entrepreneurship Across Sectors…
Information & Communication Technologies: 129
Agriculture: 57
Mixed: 82
Manufacturing: 63
Creating Opportunities for Human Empowerment…
6 regional networks of business incubators in Africa, Asia, Eastern Europe, Latin America and the Middle East, Caribbean
Women; 79
infoDev Global Forum on Innovation and Technology Entrepreneurship, October 2009, Brazil
The event attracted over 1000 participants from over 70
countries, including technology entrepreneurs, business
incubator managers, venture capitalists, policymakers and
development partners.
Key outcomes:
• An SME Internationalization Scheme launched
• Seed funding and early-stage financing for start-ups – An A2F Initiative for Technology Entrepreneurs
• Regional and Thematic Working Groups
infoDevHarnessing Innovation and Entrepreneurship for Development
2009 - Launch of a new Climate Technology Program in partnership with DFID
• Can technology innovation centers and incubators facilitate innovation , entrepreneurship and the growth of local climate technology sectors in developing countries?
Climate Technology Program sweet spot
infoDev’s track record in
cleantech commercialization
• Fuel-efficient bread-oven (Rwanda)
• Wind turbines for off-gridcommunities (Mexico)
• Solar panels (Armenia)• Potable UV water treatment
(Ecuador)• Residential & industrial
composting (Chile)• Solar mosquito destroyer
(India)• Inverters for solar panels
(Nigeria)• Clean paper pulp (Philippines)
InfoDev:
Tech. Business Incubation
and SME
development
Clean
Technology
Sector
One of many Gaps to SuccessfulCleantech Commercialization: Access to Finance
• Cleantech startups require:
– Longer time to market
– Longer time to scale
– More pre-launch investments
– More post-launch and scale investments
• Looks more like this
CLIMATE TECHNOLOGY PROGRAM
The program’s unique positioning:
Innovation centers: Aggregators, incubators and facilitators of innovative entrepreneurial activity - can this work in cleantech? How should they be
customized to local developing country contexts?
Imagining Incubating Market EntryGrowth and
Sustainability
Pre-market products and services Market-ready products and services
Bottom up: infoDev’s unique approach to climate change and technology innovation
Top down: Existing initiatives in climate change and technology innovation
Adoption and
Diffusion
Demonstrating
CLIMATE TECHNOLOGY PROGRAM
• Climate Technology Program Goals: Engage local stakeholders to understand how innovation centers can:
• Further develop climate technology innovation capacity at the grassroots
• Enable accelerated transfer and commercialization of technologies for mitigation and adaptation of climate change
• Foster entrepreneurs and promising SMEs in the space for economic and social development
In-country pilot study process:
The CLIMATE TECHNOLOGY PROGRAMCLIMATE TECHNOLOGY PROGRAM
What could an innovation center look like?
Innovation Center
Coordination of R&D
Tech demonstration
facilities
Business incubation
services
Tech transfer and open
source platforms
Skill building and training
tools
Performance certification
Policy advocacy
Seed funding
• Based on local context including national and regional needs, challenges and opportunities
• Prioritizes and aggregates existing and future activities
• Leverages public-private support, partnership and resources
• Strong focus on capacity building, social collaboration and governance
• Networked nationally and internationally facilitating cross-border collaboration
• Entire product life-cycle management for successful deployment to scale
• Long-term sustainability
PROGRESS SO FAR
Pilot countries:
• India: Underway
• Brazil: Initial discussions with local partners
• Kenya: Launching in November
Analytical Report with UNIDO:
The role and effectiveness of technology innovation centers, including a toolkit to help developing countries use these centers within their current development contexts.
PROGRESS SO FAR
Progress so far: India
• First stakeholder workshop October 20, 2009
• Over 50 stakeholders from a variety of backgrounds/sectors met to brainstorm needs, challenges and opportunities in scaling up clean technology innovation in India
• Next workshop: January 2010 - Propose solutions for the design and implementation of a potential Climate Technology Innovation Center/s
• UN High Level Conference on CC Tech Development and Transfer in Delhi: P.M. Manmohan Singh expressed India’s strong commitment to Climate Innovation Centers http://pmindia.nic.in/speech/content.asp?id=832
PROGRESS SO FAR
Progress so far: India Workshop Outcomes
• Overwhelming need to leverage and aggregate current and planned local initiatives in the space – much ongoing R&D is duplicative and needs prioritization
• Experienced mentors , seasoned entrepreneurs and sector “heroes” needed
• Successful hand-off of technology to entrepreneur to market lacking
• Many technologists and entrepreneurs have key (solution) with no lock (market) –Financers won’t fund technologies without a market.
• Two very distinct markets: Rural and urban markets need different technologies, business models, financing options and policy interventions.
What’s Next
infoDev is seeking support from other donors and partners to initiate activities in countries such as:
Region Country
South Asia Pakistan, Sri Lanka, Nepal
East Asia and Pacific China, Indonesia, Vietnam, Cambodia, Papua New Guinea
Europe and Central Asia Turkey, Russia, Ukraine, Kazakhstan
Middle East North Africa Morocco, Tunisia, Egypt, Jordan
Latin America and Caribbean Mexico, Peru, Ecuador, Chile
Sub-Saharan Africa South Africa, Rwanda, Ghana, Ethiopia, Zimbabwe, Nigeria
The CLIMATE TECHNOLOGY PROGRAMinfoDev’s CLIMATE TECHNOLOGY PROGRAM
More information available at www.infoDev.org/climate
www.infoDev.org/idiscwww.infoDev.org/GIC
How to participate: Funding opportunities
Please contact project leads for further information and opportunities for supporting the Climate Technology Program.
Seth Ayers – infoDev [email protected]
Anthony Lambkin – infoDev [email protected]
Activities Commitment
Phase 1: Pilot Consultant (locally based)
o Sector mapping, SWOT analysis, climate technology innovation activity inventory, interviews, travel
Stakeholder engagement workshops (2-3 events)o Venue & Meeting facilities, key-note speakers
Recommendationso Implications for further action, plan for implementation
USD 250,000 per pilot study
Phase 2: Implementation Program implementation Capacity building
Phase 2 funding requirements based on phase 1 recommendations