Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The mediatisation and the development of start-up implemented in a fast growing environment is increasing from year to year. However, the term “scale-up” is still not well known and understood by everyone.
It appears that the Walloon region has a low rate of scale-up which is unfortunate if the impact on employment, growth and knowledge that those firms bring in the region where they belong to is considered.
According to the literature, an equity gap between the start-up stage and scale-up stage could explain the difficulty faced by entrepreneurs to cross the bridge. The main purpose of this dissertation is to understand if this equity gap represents the main reason of the weakness of scale-up in Wallonia or if there are other reasons explaining this phenomenon.
The literature review gives to the lector the opportunity to have a better understanding of the subject and to know what are saying different authors on the subject. Two case studies about successful scale-up put the light on the different “growth pains” and challenges faced by entrepreneurs. It appears that those ones are various and not only financial as it may have been suggested. These case studies are followed by the results of various interviews of different actors present “on the ground”. These interviews highlight the previous challenges covered during the case studies and add new ones. They are mainly about the difficulty to adapt the company’s structure to the growth, the owner’s personality and the environment.
In light of the above, it may be concluded that the equity gap is not the reason why we have so few scale-up in Wallonia. It may be one of the factor but certainly not the main reason. The results of this master thesis may be interesting for entrepreneurs that are running a fast growing business and that are willing to go to the next level.

Scale-up --- Equity Gap --- Forte croissance --- Wallonie --- Sciences économiques & de gestion > Finance

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The use of microalgae currently benefits from a growing interest in different fields. It is the reflection of an enormous potential for several commercial applications. As an innovative company, Prayon is considering diversifying its activities in the sector of microalgae as far as the opportunities are coherent with its own strategy. 
This project thesis conducted within Prayon consisted in the realisation of the first phase of the innovation process. 
The aim of the work was first to identify different activities in which Prayon could diversify. The choice was made taking into account the strategy of Prayon as well as the different openings that microalgae offer. 
The second part of the project aimed for the analyse and evaluation of these activities. In order to collect comprehensive information on the subject, desk and field research was conducted. The field research involved the interview of various experts. 
A multicriteria evaluation grid was established and the five activities were rated, allowing us to identify the most interesting choices for Prayon. 
From this evaluation it has emerged that the best activity for Prayon is the scaling up of the harvesting, filtration and extraction processes for companies active in the production of microalgae for food additives. The potential business model of this activity has been described in the Business Model Canvas.

biofertilizer --- biostimulant --- food additives --- innovation --- microalgae --- multicriteria evaluation grid --- scale-up --- wastewater treatment --- Sciences économiques & de gestion > Stratégie & innovation

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Le marché aérien a tendance à être caractérisé comme étant volatile. Cela signifie qu’il subit des changements constants. C’est pourquoi les entreprises actives dans ce secteur doivent se protéger contre ces changements. 
La réalisation de ce travail a pour but de vérifier la performance de l’entreprise face aux risques internes ou externes qu’elle peut rencontrer. 
Pour ce faire, nous avons défini les risques, que l’entreprise étudiée, pouvait rencontrer en fonction de ces caractéristiques. Nous avons donc analysé les différents points intervenants dans la mesure de performance et mis en place une méthode d’évaluation pour celle-ci. 
Nous avons également abordé les moyens que l’entreprise pourrait mettre en place pour mettre en place la gestion de risque quotidiennement. 
Pour terminer nous donnons de conseils sur l’utilisation d’outils que l’entreprise doit appliquer si elle veut améliorer d’autant plus sa performance et son scaling sur différents aspects internes ou externes.

Gestion de risques --- Stratégie --- Scale-up --- aérien --- Sciences économiques & de gestion > Gestion de l'entreprise & théorie des organisations