Aalto Center for EntrepreneurshipBuilding successful companies that create jobs and prosperity.

Will CardwellHead, Aalto Center for Entrepreneurship

A merger of three leading Finnish higher education institutes: business, art & technology

Aalto University

The four cornerstones of ACEBuilding successful companies that create jobs and prosperity.

EntrepreneurshipResearch

Entrepreneurship Education

Innovation Servicesand TechnologyTransfer

GrowthVenturing and

Start-Up Services

Innovation researchSME research

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Highlights for ACE 2010Major new sales of Aalto patents to Finnish industry.

Record number of inventions from Aalto.11150

15

Record number of priority patent applications filed based on Aalto Research.Record number of startups formed from Aalto-based ideas.

Strong new partnership with Stanford Technology Ventures and Stockholm School of Entrepreneurship.

2

Largest VC funding round of recent history in Finland for research-based company went to Beneq (9m€), which relies significantly on Aalto expertise

We see many things in the ecosystem around Aalto that are encouraging:

Aalto startups Rovio (Angry Birds!) and Remedy Entertainment created number 1 and 2 global game titles.

NO:1&2

9M€

3M€ Large funding round to Canatu and Blaast (3+m€), recent Aalto spinouts (i.e. based on Aalto IP)

Highlights from companies

Aalt

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om

mu

nit

y

Start-ups

Licenses

Intellectual Property Rights

Aalto competence commercialization process

Competence Commercialization Process completely re-vamped to efficiently realize economic potential of ideas and inventions

Proposal

Evaluation, concept development & validation of knowledge

Business Potential

Feasibility

Intellectualproperty

Estimate for 2011 figures

Not all ideas are Commercialized, but all are Evaluated

300 250 30 10

Start-ups

Licenses

Intellectual Property

Rights

Innovation ‘fast track’

EvaluationProposal

Concept development

Validation

Back to community with feedback

10

550

200 10

Directed to other supporting organizations

Stanford Center for Professional Development •

Copyright © 2010 Stanford UniversityCopyright © 2010 Stanford University

Our Partnership with Stanford underlies much of our work…

8

PwCACE Stage gate

92011

10

Any Ideas? Invented Something?Contact us directly: Will Cardwell, Head, 040 514 1325Pauli Laitinen, Innovation Services Team Leader, 050 338 0509

Or look at: http://ace.aalto.fi