Administrator
Gestaitec
Lisboa E Região, Portugal
I was administrator responsible for supporting business development and incubation for several spinoff companies, such as GeoVisão, Inix, Vantec, Rumos, Medidata, some of which prevailed as market leaders up until today.AITEC, a business development company in which INESC has a 50% share, is its business innovation support partner. AITEC, which was set up in 1987, is the first company of its kind in Portugal and operates both as an incubating structure and a business development services provider in areas such as the preparation of business plans, project evaluation, suppliers of seed and venture capital and business management training.Gestaitec was set up for smoothing the transition of companies going through their incubation stage by providing them with the opportunity of being a party to a business initiative with a group strategy, in such a way as to help to create a new business group in the Information Technologies and Electronics area.AITEC's involvement has centred on two fundamental business development processes: the spin-off process for R&D activities performed by INESC groups which have brought their results to the marketplace through the setting up of new companies and a spin-in process in which promoters of ideas or business from industry make use of the incubation infrastructure and business innovation in order to benefit from an institutional association with INESC. AITEC´s experience over the years has shown that these spin-offs, when subject to strict financial and marketing management controls tend to be more successful in business terms and the current strategy is to increase the level of support to these processes and the internationalisation of operating companies.
