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The incubators of LRM Oxygen for growth.

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Jenaer, Dirk ULiège
Promotor(s) : Fredebeul-Krein, Markus ULiège ; Pauwels, Piet
Date of defense : 26-Aug-2019/10-Sep-2019 • Permalink : http://hdl.handle.net/2268.2/8333
Details
Title : The incubators of LRM Oxygen for growth.
Author : Jenaer, Dirk ULiège
Date of defense  : 26-Aug-2019/10-Sep-2019
Advisor(s) : Fredebeul-Krein, Markus ULiège
Pauwels, Piet 
Language : English
Number of pages : 62
Discipline(s) : Business & economic sciences > Multidisciplinary, general & others
Institution(s) : Université de Liège, Liège, Belgique
Degree: Master en sciences de gestion, à finalité spécialisée en MBA (Horaire décalé)
Faculty: Master thesis of the HEC-Ecole de gestion de l'Université de Liège

Abstract

[en] LRM was founded in 1994 in response to the closure of the mines in Limburg. With a starting capital of 250 million, the Limburg economy had to be supported and the old mining sites had to be given a new purpose.
Today, LRM's report looks very positive. Developing an equity of 411 million and the distribution of 367 million in dividends to the Flemish region.
The first start-up incubators were built in 2013. Today, LRM has 9 incubators, each focusing on a specific theme, from fashion to technology and sustainability. The financial figures of the incubators and their residents, the start-ups do not give the same positive report today.
This paper allows the reader to place the incubators of LRM within the European and Belgian sector of incubators. In addition, the paper offers a benchmark that focuses on 3 KPI's :output, service and network.
During this study, a number of best practices were found . They form the foundations for the recommendations for the incubators of LRM in order to create more Oxygen for Growth.
• Go back to start. Design a structural vision, mission and strategy for the incubators.
• Invest in service. The market for start-ups is booming in Belgium. Especially in the Brussels-Ghent-Antwerp triangle. Incubators can only differentiate themselves with the service they offer.
• The truth is out there. Networks on regional(Limburg), Flemish, national and European level produce insights in the proper operations and in the developments in innovation and the world of incubators and accelerators. Cooperation at all levels is a must in order to achieve top of mind status and a very good operational level. Even the development of an accelerator can play an important role in this.


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  • Jenaer, Dirk ULiège Université de Liège > Master sc. gestion, à fin. (H.D.)

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