Your SlideShare is downloading. ×
ACE Presentation at Aalto School of Arts and Design
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Saving this for later?

Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime - even offline.

Text the download link to your phone

Standard text messaging rates apply

ACE Presentation at Aalto School of Arts and Design

751
views

Published on

Awareness Building

Awareness Building

Published in: Education

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
751
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • Wehavehadthemalready in a way, buthavetroublecapturingmarketvalue.Nokia: 2.50 to 60 (1994 to 2001, then 40 to 10 (2008 to present)Whyaretheyimportantnow:Employment? Wealth? RoleModel? AllthreeA Big StoryA SimpleStoryAn EfficientEcosystemDrive / Adhere to TrendsFast
  • Transcript

    • 1. Growing the Ambition Level of Entrepreneurshipwithin Aalto
      For Aalto School of Arts and Design
      Will.Cardwell@Aalto.Fi
    • 2. My Experience
      EDUCATION
      CEO / PARTNER/ DIRECTOR
      LTT-Research Finance Institute,
      EqvitecAdvisors/RobertsonStephens,
      EqvitecVenturePartners,
      Valimo Wireless, ConorVenturePartners,
      TechnopolisVentures, ACE
      Bedford Hills, LinkhorneSchool,
      EC Glass, Davidson College,
      Aalto School of Economics,
      University of North Carolina-Chapel Hill,
      Aalto School of Science and Technology
      ADVISOR / INVESTMENT BANKER
      INVESTOR/BOARD MEMBER
      F-Secure, Iobox, Codetoys, Digia, Solid, Footbalance, Microtask, severalongoing
      Valimo Wireless, Smartner/Seven, Frends, Rissa Communications, NS Sports Management, Technopolis Ventures
      2
    • 3. What is ACE Today ?
      xES
      Entrepreneurship
      Education
      NoteCombo of
      Academic
      And
      Practice!
      Entrepreneurship
      Research
      Innovation Services
      and Technology
      Transfer
      Growth
      Venturing and
      Start-Up Services
    • 4. ACE Innovation Services today and tomorrow *
      * This is ”Practice” part and it is Critical to future of Finland and mustberesourcedaccordingly!!
    • 5. Innovation Management Process
      ACE
      Administrative - ownership
      Evaluation – 200-300 inventions and ideas
      IP
      Business development
      Feasibility
      Development1
      20-30 cases+
      50k€
      Radical
      Innovations
      1-3
      IP
      ACE team
      Entrepreneur
      team
      Busdev.
      ACE team+
      coaches
      Dev 2
      5 cases+
      150k€
      equity
      Licensing
      High growth
      Start-up
      Transfer/Marketing
      Portfolio &
      License management (50-80 patent families)
    • 6. The Counter-IntuitiveReality of the Black Swan
      Link
      6
    • 7. 1. Great FinnishStories in Outlier and Black Swan Framework
      • DefiesPrediction
      • 8. Makes a MassiveImpact
      • 9. WemakeupExplanationsAfterward
      • 10. Endowedwith an unfairadvantange.
      • 11. Extremepractice and work
      Haveweeverhadany, and whyaretheysoimportanttoday?
    • 12. 2. On Risk-taking and Failure…
      Ecosystem: promotespioneering spirit embracing uncertainty, risk-taking and tolerating failure
      Entrepreneur: Youmustnotfail! (butits OK ifyoudo, keeptrying!)
      You just cannothave a Plan B !!
      Link
      Link
      8
    • 13. 3. On Youth and Energy…
      Ecosystem: Attract founders, who are ideally young, energetic and possibly migrants, and support them patiently
      Entrepreneur: Startearly! Universities will probably drive the next Black Swan. And, DON’T BE PATIENT!
      9
    • 14. About
      34
      About
      26
      10
    • 15. aaltovg.com
      twitter.com/
      aaltogarage
    • 16. …and italreadyworks!
    • 17. 4. On Customers…
      Ecosystem: Willingcustomersparticipate in trial and errorprocesswithinnovators.
      Entrepreneur: Get out of the officeall the time – live and breathewithcustomers.
      And customers: ifyoudon’tpay, youarepart of the productorservice, act likeit!
      Link
      13
    • 18. 5a. On Teams
      Entrepreneur: Bring in the bestwherevertheycomefrom (and manywillcomefromabroad!)
      Ecosystem: Freedom offered to talent who should not be snatched from start-ups. Talent (and capital!) MUST be mobile!
      Link
      14
    • 19. 5b. On Teams
      15
      Link
    • 20. 6a. On Pricing Technologies
      Link
    • 21. 6b. On Pricing Technologies
      17
      Link
    • 22. 7. On How to be a VC
      18
      Link
    • 23. Whatarewetrying to do at ACE to enablethis?
      A Deep International Network
      Bringworld-classlecturers, practitioners and studentsIN
      SendourcommunityOUT to globalhotspots.
      SupportREGULARbootcamps and eventsaroundkeythemes
      Createwinning IP strategies
      Raise the overallIMAGE of GrowthEntrepreneurship
      Collaboratefluentlywithour national and regionalecosystem!
      Getgreatideas into the marketFAST!
      19
    • 24. SelectSpin-offs and Start-UpsfromAalto University
      SomePast
      Start-Ups
      Hybrid Graphics
      F-Secure
      Sulake
      Rovio
      Solid
      … manyothers
    • 25. Any Ideas? Invented Something?
      Contact us directly:
      Will Cardwell, Head, 040 514 1325
      Pauli Laitinen, Innation Services teamleader, 050 338 0509
      Or looked at: http://ace.aalto.fi
      21