Aalto university eu delegation in israel

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Will Cardwell Head, Aalto Center for Entrepreneurship An Entrepreneurial University Work in Progress

Transcript of Aalto university eu delegation in israel

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Will CardwellHead, Aalto Center for Entrepreneurship

An Entrepreneurial University –Work in Progress

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

Aalto University

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A unique community:• 4,300 faculty and staff, including 300 professors• 20,000 students• 75,000 alumni

Total annual budget 400 million € (2011)

Vision 2020The best connect and succeed at Aalto University, an institution internationally recognized for the impact of its science, art and learning.

Aalto University

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

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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 2010

Inventions Disclosure1115015

Priority patent applications filed based on Aalto Research.Number of startups formed from Aalto-based ideas.New partnerships with Stanford Technology Ventures Program, Stockholm School of Entrepreneurship, and Tokyo University

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Estimate for 2011 figures

New transparent tech transfer process

300 250 30 10

Start-ups

Licenses

Intellectual Property Rights

Innovation ‘fast track’

EvaluationProposal

Concept development

Validation

Back to community with feedback

10550

200 10

Directed to other supporting organizations

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SWOT Analysis of Building Entrepreneurial University at AaltoStrengths•Strong (national) student movement•Willingness to let students lead•Reasonable current funding situation•Committed and competent coaches•Good team forming at ACE and process gaining traction

Weaknesses•Inability to plan long-term yet due to annual budget cycle•Lack of entrepreneurial mindset in most researchers•General lack of ambition•Lack of private seed capital

Opportunities•Strong research potential and rolemodels among professors•Partnerships, Stanford in particular•Leadership in talented Baltic Rim•Spike in international VC•EIT, Nokia

Threats•General government chaos in Finland•Annual turnover of students•Inability to leverage Arts and Design school•Nokia

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THANKS!

[email protected]