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JIC as a place, where new businesses that change the world are born
Published on 03 May 2019
Czech Republic
Jihovýchod
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About this good practice
JIC, established in 2003, is a regional intermediary agency founded by South Moravian Region, City of Brno and four local universities. The mission of JIC is to empower people to grow businesses that can change the world. It means to effectively support foundation and development of innovative companies and exploit the local R&D potential for the economic development of the region. JIC provide support services for start-ups, scale-ups and already established innovative companies, technology transfer and internationalization. JIC has accelerated more than 200 innovative companies and it has supported collaboration between researchers and companies worth almost 1.8 million euros. JIC also provides services for large and transnational companies to support open innovation. It organizes for example Open Innovation Sessions – matching start-ups to tech needs of corporates, 120 seconds – thematic speed dating (Connected Car & Security; Implants; Future of Aviation, etc.) or Idea Labs – exploratory workshops with ambitious tech companies. JIC intends to provide high level business support know-how (supported by external experts and mentors and serial entrepreneurs). It uses a personalised approach to clients through key account management and pays particular attention to knowledge sharing and exchange of experience.
Resources needed
JIC has 50 employees in these teams: Entrepreneurship and Spin-off Support, services for aspiring entrepreneurs and start-ups, services for experienced entrepreneurs, marketing, regional innovation strategy, etc.
Finance: public resources, participation in projects, own business.
Finance: public resources, participation in projects, own business.
Evidence of success
Selected results of JIC:
• Number of people employed by the clients of JIC: 6364
• Corporate investment in R&D in 2016 – 260 mill. CZK
• Turnover generated by the clients of JIC per year: 29,5 bn. CZK
• Survival rate: 91,8 %
• Number of clients supported: 301
• Number of people employed by the clients of JIC: 6364
• Corporate investment in R&D in 2016 – 260 mill. CZK
• Turnover generated by the clients of JIC per year: 29,5 bn. CZK
• Survival rate: 91,8 %
• Number of clients supported: 301
Potential for learning or transfer
We think this type of the institution and activities is highly interesting and transferable for another countries and regions. Originally we have been also inspired by Western European countries which had developed a similar concept.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
JIC
Czech Republic
Jihovýchod
Contact