IoT Valley was built on the foundations of the TIC Valley in 2011, at the initiative of four Toulouse-based entrepreneurs, one of whom was Ludovic Le Moan, currently CEO of Sigfox.
From its early days, the organisation had a simple and clear ambition: to create an environment made for entrepreneurs, by entrepreneurs, and to stimulate the development of the internet of Things (IoT).
IoT Valley established itself between 2011 and 2014. The association moved into its first building, spanning 3,000 m2, in Labège, hosted 15 companies, brought together its first Toulouse-based entrepreneurs and created a startup accelerator programme, the Connected Camp.
In 2015, Bertran Ruiz and Simon Vacher took over the management of the association, changed the name from TIC Valley to IoT Valley and established a team of 7 people. The association transformed into a genuine ecosystem by welcoming eight large companies, in addition to new startups, as part of its quest for innovation.
Two years later, in 2017, IoT Valley had to address the rapid development of its startups who wanted to remain within the ecosystem. A third building rounded off the site, which now spans 13,000 m2.
IoT Valley thus comprises 40 startups, 700 individuals and 20 key account and industrial partners, which it supports in their innovation and digital transformation projects.
The team of 30 employees supports as many SMEs and medium-sized companies as it does startups.
Since 2020, the association has also been positioning itself as a Startup Studio, the aim of which is to create 10 BtoB startups per year and to support more than a hundred entrepreneurs on an annual basis through its Do It OCRACY incubation programme and its training courses.
To this end, IoT Valley draws on the experience of its ecosystem, but also on the important support work conducted with a view to tackling the issues encountered by its partner companies, which it assists in their digital transformation.
IoT Valley is to finally commence the construction of the first building of its future campus at the end of 2021. Spanning an area of 22,000 m2, this building will house the eponymous association, the Do It OCRACY incubator and more than 100 startups and companies specialising in the digital transformation of SMEs and medium-sized companies.
Creating a business really can be a battle at times. In order to help entrepreneurs, IoT valley supports them on a human, a technological and a financial level, right from the very beginning.
The IoT has the potential to improve processes within our companies, making them more productive, and more respectful towards humans and the environment. This is why we support companies in their digital transformation, facilitating innovative projects and their collaboration with startups.
Whether it is a matter relating to technology, sales, industrialisation, recruitment, marketing, or is simply a cultural issue, the association's five teams are on hand to help each member accelerate their project and make progress in tackling the issues encountered.
Ever since its early days, IoT Valley has been designed and developed as an ecosystem in which everything possible is done to facilitate and promote mutual support and communication between entrepreneurs, startup employees, key account partners, industrial partners, and even students.