Aalto Ecosystem for Entrepreneurs & Innovators Triple Helix Workshop @ Stanford Tapio Siik November 15 th , 2012
Aalto Ecosystem forEntrepreneurs & Innovators
Triple Helix Workshop @ StanfordTapio Siik
November 15th, 2012
Tapio SiikHead of Aalto Center for Entrepreneurship (ACE)• Education: M.Sc., SW Technology & Computer Science (TUT), IMD• Companies: Softplan, ABB, Intergraph, Nokia, XN-Ventures, Aalto,…• Experience: Engineering, Marketing, Sales, Venturing, VC, Consultancy,… • Hobbies: Endurance sports, Motorcycles, Music,…
• More details can be found at:
• LinkedIn: www.linkedin.com/pub/tapio-siik/0/3/886• Facebook: www.facebook.com/ats2k
Aalto University A merger of three leading Finnish higher education institutes in 2010
Art & Designfounded 1871
Science & Technology, founded 1849
Economics, founded 1911•
Aalto University
• Comprises today six schools that represent technology, business, art & design
• A community of 20,000 students, 4,700 faculty & staff of whom 340 are professors
• More than 90 Bachelor’s and Master’s programs• Foundation format, close cooperation with the
business world• Annual budget 400M€• Main campuses in Helsinki and Espoo in Finland
ENTREPRENEURSHIP & INNOVATION:STRATEGIC ISSUES FOR AALTO UNIVERSITY
Core strategies and Key Performance Indicators
Societal ImpactThe national mission of the university is to support Finland’s success and contribute to Finnish society, its internationalization and competitiveness, and to promote the welfare of its people through research and by educating responsible, broad-minded experts to act a s society’s visionaries and change agents.
KPIs:• Stakeholders’ perception of Aalto• Total income from non-academic partners and the
average amount of funding per non-academic partner• Total number of employees and the annual turnover
in companies that have their roots in Aalto• Commissions of trust for domestic and international
public and private institutions
< Back to chart
Aalto Entrepreneur
Society is the largest,
most active community for
young entrepreneurs in
the whole of Europe.
AVP GOALS AND CURRICULUMCO-DEVELOPMENT WITHSTANFORD TECHNOLOGY VENTURES PROGRAMAn active partnership with two-way flow of faculty visits and interaction in research and teaching development
http://www.youtube.com/watch?v=WRlbS-mmoT4&feature=channel&list=UL
Startup Sauna7 weeks, 400 applicants globally, 20 teamsCoached by Serial Entrepreneurs
Summer of Startups – ”Intern Substitute”10 weeks, 40 students, Global.
AppCampus
• A three year project, based inAalto university: a fusion of engineering + business + design
• Funded with 21M€ by Microsoft, Nokia and Aalto University.
• A new kind of accelerator for next generation of mobile experience
We think AppCampus is the mostexciting innovation project EVER!
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How you can Accelerate with AppCampus
• Awards: 20-50-70.000 euro / App
• Coaching & Education, Product-oriented
• Professional SW-Dev. Process & Quality Assurance
• Network & Marketing Support, Marketplace & Nokia Store
• Co-working space
Online submission: appcampus.fi
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Aalto Factories“Aalto University supports multidisciplinary research by creating and encouraging opportunities for spontaneous and dynamic cooperation between experts from different fields”.
Factories: a Form for Multidisciplinary Opportunities
• Design Factory• Media Factory • Service Factory
The factories are environments for learning, teaching, research and co-creation between universities, companies and society.
Aalto University Growth Entrepreneurship
Aalto Center for Entrepreneurship
Aalto Entrepreneurship Society
AaltoVenturesProgram
M.Sc.
AaltoExecutiveEducation
MBA
StartupSauna
Summerof
Startups
ADF
AVG
StartupLife
BusinessOpportunityAssessment
EducationPrograms
AccelerationPrograms
Co-workingEnvironments
InternshipPrograms
ACECommerzialization
Open Innovation
House
PROCESS STAGES
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AALTO COMPETENCE COMMERCIALIZATION PROCESS
BUSINESS MODELING &FINANCING ROADMAP &BUILDING THETEAM&TECHNOLOGYPILOTING
CUSTOMERVALIDATION
BUSINESSPOTENTIAL&TECHNICAL FEASIBILITY&TEAM&VALIDATIONPLAN
CONCEPT DEVELOPMENT
NEED&APPROACH&BENEFITS&COMPETITION&CASE PROFILE1. Spinout2. IP license/sale
EVALUATION
INVENTION DISCLOSURES&BUSINESS IDEAINITIATIVES
APPLICATIONS
300 250 50Spin-offsIP LicensingTUTL
ACE Key Performance Indicators
KPI 2008 2009 2010 2011 2012 H1
# Invention Disclosures 80 89 111 120 75
# Priority Patents Filed 13 7 20 50 22
# Startup Companies Founded (Forecast for H2)
4 5 15 12 4(5)
€ Funds Raised by Startups (# of rounds)
Na Na Na 11.7m (6)
1.0m (2)
€ Licensing Income 500k 60k 370k 80k 70k
Challenges(after 6 months in this game)
• Attitude, attitude & attitude!• Awareness & Communication!• Red tape → inefficiencies• Sandboxes• Desire to over manage• Fear
– To say “no”– To make a decision– To _not_ use the money/funding
Further information: aalto.fi
facebook.com/
aaltouniversity
youtube.com/
aaltouniversity