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

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aaltouniversity

youtube.com/

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