Uitleg over de Top10 van financierings instrumenten (ontbijtsessie)

Hoe vind ik de juiste financiering voor mijn onderneming? 

 
Voor startende en groeiende ondernemers is financiering extreem belangrijk maar vaak ook onoverzichtelijk qua mogelijkheden. Wat zijn de voor- en nadelen van een lening t.o.v. van subsidie nu en op de lange termijn? Welke financiering past bij welke fase? En welke mogelijkheden zijn er allemaal?
 
Speciaal voor alle startende ondernemers in de regio Oost-Nederland die op zoek zijn naar financiering organiseren Oost NL, Orion en Briskr samen met diverse partners een inspirerende ontbijtsessie. Tijdens dit How2Finance event gaan we in op de verschillende financieringsinstrumenten. Van vroege fase financiering tot groeikapitaal. En van subsidies tot participatie van Business Angels.
 
Aan de orde komen bijvoorbeeld:
1. De financieringsinstrumenten van RVO Nederland
2. Het OP-Oost subsidieprogramma
3. Startup Fonds Gelderland
4. Vroege Fase Financiering Gelderland
5. Achtergestelde innovatie leningen van de Rabobank
6. Crowdfunding
7. De Gelderse Groeiversneller
8. Het Business Angel Netwerk
 
De bijeenkomst is niet alleen informatief, maar ook heel praktisch en ‘hands on’. Ondernemers kunnen ook individueel met experts op het gebied van financiering in gesprek tijdens de speed date sessies. Er is dan volop gelegenheid om je eigen situatie te bespreken en samen vrijblijvend te zoeken naar de beste mogelijkheden.
 
Meer informatie
Voor meer informatie over How2Finance, klik hier
 

Fysiek event
Dit is een ‘live’ event op Novio Tech Campus te Nijmegen. Indien nodig volgen we de RIVM richtlijnen. We hebben een ruime zaal en kunnen indien nodig voldoende afstand bieden. Als de situatie het écht niet toelaat om een fysiek event te organiseren zullen we het event uitstellen of online streamen. We sturen je uiterlijk vrijdag 18 maart meer informatie via het email adres info@briskr.nl (kijk ook even in je spam!)
 
Goed om te weten
Dit is een gratis event, maar registratie vooraf is nodig i.v.m. catering en eventuele coronamaatregelen. Alle startende ondernemers zijn welkom, het staat je vrij deze uitnodiging te delen met andere ondernemers in je netwerk. Meld je hieronder aan voor deze ontbijtsessie!

Blog Aeternus

As an entrepreneur you are – as a matter of course – occupied with the future of your company. What are the opportunities in the market for your branch? Where do you want to grow with your company? And when you eventually want to sell your company, how much is your company worth? Smart entrepreneurs have been developing their most important value drivers for years before selling their company. The value drivers are in fact the most decisive factors for the value and price of your company, not just profit or EBITDA.

In this blog you will read which factors determine the price of your company, how this value is determined and how you can anticipate this in time for the best deal price as an end result.

Determining the value of your company: cash flows, business model and risks
First of all, let’s say that determining the asking price of your company is not an exact science. Nor is it an accounting sum of numbers on the balance sheet and in the profit and loss account. So what is it based on?

The basis for the value of a company is its cash generating capacity. And not profits. A company that, in addition to depreciation, also has to invest the profit each year in new machinery and stock has no value in the perspective of constant exploitation.

To calculate the value, we use the so-called Discounted Cash Flow (DCF) Method, by which future cash flows, taking into account the risk profile of the company, lead to the value outcome. In the assessment of future cash flows and risk profile, the quality of the business model plays an important role. The following aspects spring to mind:

  • Is your business model based on hours or products?
  • Does your company have long-term contracts?
  • What is the Customer Lifetime Value of your customers?
  • What are the market developments in your sector?
  • To what extent is your business scalable with a view to the future?
  • What are specific risks and dependencies?
  • What development opportunities has the company developed for the future?

These are partly subjective assessments that may be judged differently by a buyer. This difference in assessment can cause a discrepancy between your personal perception of a price and the perception of the potential buyers. Our experience shows that more than half of the entrepreneurs overestimate the value of their business. With the help of an acquisition specialist, you can formulate a realistic and market-based price range in proper consultation.

That many times EBITDA?
In offers and negotiations the price is often expressed in ‘so many times the EBITDA’, also called a multiple in the takeover world. The Multiple is therefore the denominator by which EBITDA is multiplied to arrive at the rough company valuation. For a Multiple of 6 with an EBITDA of €1.5 million the enterprise value is thus around €9 million. Multiples are derived from databases of comparable transactions, but in practice not enough is known about the transactions to make a proper comparison: were the circumstances similar? Was the buyer comparable? Is the company really comparable to the company in this transaction? Multiples are company and transaction specific and companies are difficult to compare. The EBITDA method takes too little account of company-specific factors. For example, a relatively small software company in a fast-growing market can easily be worth 10 to 15 times the EBITDA. And for a larger company with fewer growth opportunities, a lower Multiple of 4 to 5 might just apply.
In addition, the EBITDA is not useful in many industries, for example companies with high investment needs, where EBITDA is reduced by investments.
EBITDA is therefore too imprecise for a good value indication, but in some cases it can be used as a rule of thumb.

Dealbreakers and price reducers with negative effect on the sales price
Dealbreakers are issues that can frustrate negotiations. Examples are the right of a major customer to terminate the contract in the event of a change of ownership, a patent infringement or the absence of a non-competition clause in the case of some key employees. Our experience shows that this does happen often.

Price reducers are elements that weigh heavily on the side of potential buyers when considering the price. They include, for example, the high degree of dependence on a few important customers. Or the inability of the buyer to deliver critical business data due to poorly designed systems. But of course, the unexpected deterioration of business results during the sales process can also be a deal-breaker.

Influencing the value of your company yourself?
As an entrepreneur, you would do well to start thinking in good time about value drivers, dealbreakers and price reducers. A complete insight into these factors is the first step towards preparing your company for sale.


Discover how you can influence the valuation of your company here the E-book (in Dutch).

Kadans Science Partner focuses on the development and operation of industrial and office buildings, in combination with laboratories, cleanrooms, research facilities, climate-controlled spaces and pilot plants for R&D departments of knowledge institutions, education institutes and knowledge-intensive businesses in innovative (top) sectors, such as Food, Life Sciences, Health, Living Environment, Biotechnology, Biobased and High-Tech Semicon.

Kadans Science Partner is uniquely familiar with the needs of innovative organisations and knows how to translate these into profitable, high-quality and sustainable facilities, an optimal positioning of spaces, perfect gross-net ratios (functional floor area) and the ideal layout of, e.g., laboratories.

In Europe, also in Nijmegen, Kadans develops, finances and manages real estate for individual tenants and multitenant science buildings. Contact us if you want to know more!

Nijmegen is a continuously developing Health and High Tech ecosystem, with many possibilities to establish your business. Would you like to join our ecosystem? Check out the location possibilities in Nijmegen and contact us if you want to know more!

On the campus of the Radboud University there are several high quality research facilities, innovation labs and offices for companies which like to cooperate with the university. Their Place-to-Be is Technology & Science Park Nijmegen: 4 buildings – in total more than 25.000 m2 – on the university campus with high level facilities and modern offices for innovative and science based companies, large and small, startups as well as grownups.

Knowledge, business and innovation come together at Noviotech Campus in Nijmegen. The campus offers state-of-the-art research infrastructure and accommodation for entrepreneurs and researchers in the Life Sciences, Health and High Tech sectors. Over 70 companies, that provide work for 3.400+ employees, create a Health and High Tech network, called Noviotech Campus. The Dutch Top-sector Chemistry organization awarded Noviotech Campus with the iLAB status (InnovationLab), as an appreciation for the quality of support and facilities offered.

Nijmegen is a continuously developing Health and High Tech ecosystem, with many possibilities to establish your business. Would you like to join our ecosystem? Check out the location possibilities in Nijmegen and contact us if you want to know more!

Commissioned by the province of Overijssel and together with the lectureship ICT innovations in Care of Hogeschool Windesheim, Health Valley conducted a study into the applications of digitisation in care and its acceleration by corona. What have we learned from corona and what can we retain from it after corona? These questions were put to innovation managers in hospitals, care for the elderly, care for the disabled and home care. The lessons learned are compiled on the website: www.innovatiemanagerindezorg.nl.

Not only did healthcare organisations accelerate the introduction of eHealth during the pandemic; the acceptance and adaptation by users also increased because digital solutions proved to be very useful. The project ‘Learning from Corona’ mapped out the lessons learned and how they can be used to make sustainable use of eHealth applications after the pandemic. After all, at some point citizens – patients and clients – will start asking ‘can it be done digitally’?

Lessons learned bundled together
Jolanda van Til, lecturer-researcher at Windesheim: “When the province also seemed interested in the question, we turned it into a project and quickly got to work. We interviewed fourteen innovation managers, did a lot of desk research and finally held two group sessions; meetings with the interviewees to explore the themes and findings in greater depth.” Meanwhile, the most important results of the research, clustered around eight themes, are on the website www.innovatiemanagerindezorg.nl.

Corine Böhmers, innovation manager at Health Valley and also involved in the study: “On this website, innovation managers find all kinds of starting points for implementing and speeding up digital solutions. A wealth of information and an incentive to share knowledge.

There is already a lot; make use of it
And that is perhaps the most important result of the study: sharing knowledge, Corine says: “You don’t have to invent the wheel yourself. There are already many step-by-step plans and programmes. You can find them on the website. Look carefully at what is already there and use it to your advantage. Corona has given video-calling an enormous boost. We will probably see some reversal of this later, but hybrid working is here to stay. Look at your neighbours and see how they organise things, and take over what you can use.

Jolanda adds: “During the research and in the group discussions, we already saw a kind of fellow sufferer contact develop. That is very important. The role of innovation manager can be very lonely. Know that exactly the same developments are being worked on elsewhere and learn from each other. The website now offers a wonderful platform for that.”

JLABS and Randstad will address questions such as: How do you position yourself as an attractive employer? How can you be competitive when talent is scarce? And how can you retain talent you’ve hired?

To help bring your innovation to patients and hopefully make a difference in their lives, you’ll need to build and retain a stellar team. It can be an essential ingredient in the mix together with your patented disruptive invention and the funding you acquired. While you can hire consultants and outsource many tasks, most life sciences companies are looking to expand beyond their founding team and recruit their own employees at some point in the company’s development.

But how do you position yourself as an attractive employer? How can you be competitive when talent is scarce? And how can you retain talent you’ve hired?

During this webinar we will be joined by a keynote speaker from Johnson & Johnson Innovation – JLABS Resource Hub member Randstad, experts in recruitment and employment. They will share the latest insights from the current labor market. For instance, they’ll touch upon how the pandemic and “the great resignation” have influenced recruitment. They’ll also discuss current expectations of employees in their professional development.

After the keynote presentation we will be joined by different stakeholders, including experienced life sciences entrepreneurs, who will share their insights and experiences. They will discuss considerations in building a team that fits a company’s development strategy and company culture in different phases of growth.

With this webinar we aim to give life sciences entrepreneurs valuable insights into developing their own recruitment strategy.

More information and sign up.

Imagine that elderly people received tailor-made care and nutritional advice with the help of innovative technology? 

Behavior scientists and data scientists from OnePlanet Research Center, nutritionists and SMEs are working together in the “INtoEAT” project to achieve just that! This integrated approach makes it possible to solve complex issues with a real eye for the needs of the end-users. Because the application is not just successful if the tech works.

Can it actually be used for the targeted audience? Is the advice understandable? Do people trust it? The applications must be user-friendly and it is important that healthcare providers can view relevant data for patients, taking into account the privacy and wishes of the user. What if we integrate technology and nutrition coaching into every-day products in elderly care facilities?

Together with Sander Hermsen (behavioral Scientist), Femke de Gooijer (project INtoEAT and smart tray) and Edgar Schwandt (INtoEAT: lifestyle app), we zoom further into the topics of eating, technology and behavior.

Sander explains some of the issues regarding the adaptation of technology and lifestyle changes. Femke introduces the INtoEAT smart tray! Edgar Schwandt gives us some more insights into how a targeted lifestyle app can help elderly in their preventive health issues and simultaneously shares his insights into how the collaboration is helping Salut to include tech solutions in their lifestyle supporting apps.

OnePlanet Research Center is a multidisciplinary collaboration between Wageningen University & Research (WUR)Radboud UniversityRadboudumc and nano-technology world-player imec.Three years into the collaboration, Director of Health, nutrition and behavior Thea van Kemenade, visits SMB to update us on their progress in the development of innovative tech for preventive health and their collaborations with SMEs in the region.

Program 
16:00 Short introduction by SMB
Thea van Kemenade (OnePlanet) on progress in the development of innovative tech for preventive health and their collaborations with
SMEs in the region
Sander Hermsen (OnePlanet) on motivational feedback for behavioral change
Femke de Gooijer (WUR) on INtoEAT: Smart tray
Edgar Schwandt (Salut) on INtoEAT: Salut Senior
17:00 Wrapping up

For those interested, we will conclude the event with the opportunity for online networking where you will be placed randomly in a Zoom room.

Online event
This event will be streamed online. A login link will be provided by email a few days before the event. The sender will be smb@radboudumc.nl, you might have to check your spam.

Good to know
Presentations are in English & the entrance is free (registration upfront is needed though). We welcome new guests, so please feel free to pass on this invitation to relevant people in your network!

We look forward to e-meet you!

Subscribe SMB-Meeting February 24th, 2022

This SMB meeting was about the role of keeping our healthcare system healthy, in all aspects.

Remco Hoogendijk of the Sint Maartenskliniek started the first presentation and talked about their MaaS project and the online environment that has been created for patients to follow and plan their own care and treatments. Remco expects that care will become increasingly virtual, including appointments.

Angelique Moonen of VIGO Group focused on the ‘Wicked problems in healthcare’; Long waiting lists, long waits for surgery and the shortage of professionals. At the same time, patients only expect more from professionals. In order to actually implement digital innovations, things need to change! Vigo Group is happy to start a change and has created a new Platform Ecosystem, where people work on their mental health and mental resilience themselves and can get a better match with the professionals.

E-Health specialist Ruben de Neef from Luscii talked about unlocking the power of patients. With Florence Nightingale as an inspiration to approach the condition of a patient from a different point of view. Luscii can be a virtual member in your care team, an extra team member. Luscii notices things in the home of the patient and sees different things than the doctor in the hospital sees. There is already a large library in this tool with 40 pathways to follow, developed by doctors and nurses for the patient. And the possibilities are endless for further digital development in the future.

Gert-Jan de Brok, co-founder of InMotion VR is very fond of games and technology. So their motto is: Let’s play to heal. They use Corpus VR for the rehabilitation of a patient. As many people already use wearables with sensors, they can reach a large audience and it’s very cost & time efficient. Gamification is fun, which is why it works better than traditional methods of physiotherapy.

Finally, we were updated on the Digital Health Hub by Tom van de Belt and Floor van de Watering. Tom started the presentation with a digital health ecosystem analysis of our region. Floor van de Watering adds: Healthcare professionals encounter problems that they do not communicate efficiently to innovative organisations. And on the other hand companies develop innovations that the healthcare sector does not need or see as a problem. And for some problems the solution might already be available in a completely different market (e.g. planning tools for distribution).

The digital health Hub will fill this gap and bring the right parties together, so that relevant innovations can be made and the pressure on healthcare can be relieved with the help of digital innovations. It will be a great, but rewarding challenge for the future to work on this together!

We thank all the speakers for their interesting contributions to this SMB meeting about digital health!

Every couple months we invite all start-ups and SMEs from our Health and High Tech ecosystem to get together and discuss relevant topics in their field, present each other’s progress and challenges and of course, create new connections.

The SMB-meetings always prove to be inspiring and fruitful events, and they provide a perfect networking opportunity for all our affiliated companies.

Make sure to check out our upcoming events to see when the next SMB-meetings are planned!