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The Finnish Entrepreneurial Ecosystem

Will Cardwell
Senior Advisor, Entrepreneurship and Venturing
Visiting Professor, Ve...
All Credit to:

Aalto Entrepreneurship Society, Startup Sauna Foundation, www.slush.org
the breakthrough teams at teams of...
Question:
Has the Finnish Startup
Community Broken Through?
December 3, 2013

© Aalto University Executive Education

3
Evidence from www.Slush.org and
the press…

December 3, 2013

© Aalto University Executive Education

4
December 3, 2013

© Aalto University Executive Education

5
Principles of a Vibrant Startup Community
The “Leaders and Feeders” Model, or
The “Boulder Thesis

Why Boulder? Ask Kauffm...
Participants in Startup Communities
•
•
•
•
•
•
•

Entrepreneurs
Government
Universities
Investors
Mentors
Service Provide...
4 Key Properties of
Successful
Startup Communities

December 3, 2013

© Aalto University Executive Education

8
1. Entrepreneurs must
lead the Startup Community, and…

December 3, 2013

© Aalto University Executive Education

9
2. The leaders must have a long-term commitment

December 3, 2013

© Aalto University Executive Education

10
3. the Startup Community must be inclusive of ANYONE
who wants to participate

December 3, 2013

© Aalto University Execut...
4. and there must be continual
engagement of the entire
entrepreneurial stack! …

December 3, 2013

© Aalto University Exe...
4. yes, the whole stack…

December 3, 2013

© Aalto University Executive Education

13
!!!!

December 3, 2013

© Aalto University Executive Education

14
University Involvement in the
Growth/ Startup Ecosystem
ROLES
• A community catalyst: a nerve
center where the startup
com...
A few observations about
Kymenlaakso and Mons…

December 3, 2013

© Aalto University Executive Education

16
Thanks!

Will Cardwell
Will.cardwell@aaltoee.fi
December 3, 2013
Mons, Belgium
FINLAND / SINGAPORE / POLAND / SOUTH KOREA ...
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Will presentation hamina mons workshop v2

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Presentation made in Mons Belgium to the Economic Renewal around Google Datacenter team.

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Transcript of "Will presentation hamina mons workshop v2"

  1. 1. The Finnish Entrepreneurial Ecosystem Will Cardwell Senior Advisor, Entrepreneurship and Venturing Visiting Professor, Venture Capital and Entrepreneurship Co-Founder, Aalto University Center for Entrepreneurship December 3, 2013 Mons, Belgium FINLAND / SINGAPORE / POLAND / SOUTH KOREA / TAIWAN / CHINA / INDONESIA / SWEDEN / RUSSIA
  2. 2. All Credit to: Aalto Entrepreneurship Society, Startup Sauna Foundation, www.slush.org the breakthrough teams at teams of Rovio, Supercell and others, and Brad Feld, Startup Communities, for the framework. Plus Startup Weekend Helsinki, Mehackit and many others Photos: Yu Shen and Slush photography team December 3, 2013 © Aalto University Executive Education 2
  3. 3. Question: Has the Finnish Startup Community Broken Through? December 3, 2013 © Aalto University Executive Education 3
  4. 4. Evidence from www.Slush.org and the press… December 3, 2013 © Aalto University Executive Education 4
  5. 5. December 3, 2013 © Aalto University Executive Education 5
  6. 6. Principles of a Vibrant Startup Community The “Leaders and Feeders” Model, or The “Boulder Thesis Why Boulder? Ask Kauffmann Foundation…
  7. 7. Participants in Startup Communities • • • • • • • Entrepreneurs Government Universities Investors Mentors Service Providers Large companies LEADERS F E E D E R S
  8. 8. 4 Key Properties of Successful Startup Communities December 3, 2013 © Aalto University Executive Education 8
  9. 9. 1. Entrepreneurs must lead the Startup Community, and… December 3, 2013 © Aalto University Executive Education 9
  10. 10. 2. The leaders must have a long-term commitment December 3, 2013 © Aalto University Executive Education 10
  11. 11. 3. the Startup Community must be inclusive of ANYONE who wants to participate December 3, 2013 © Aalto University Executive Education 11
  12. 12. 4. and there must be continual engagement of the entire entrepreneurial stack! … December 3, 2013 © Aalto University Executive Education 12
  13. 13. 4. yes, the whole stack… December 3, 2013 © Aalto University Executive Education 13
  14. 14. !!!! December 3, 2013 © Aalto University Executive Education 14
  15. 15. University Involvement in the Growth/ Startup Ecosystem ROLES • A community catalyst: a nerve center where the startup community convenes and information spills over• A magnet, teacher and pipeline for the next generation of entrepreneurial and technology talent • A source of insight, ranging from innovative ideas that can be commercialized to policy recommendations KEY CHALLENGE • Cross-campus collaboration is generally not in the DNA of the university • Aalto seeks to change the game by building close collaboration across its community Brad Feld, Startup Communities, 2013
  16. 16. A few observations about Kymenlaakso and Mons… December 3, 2013 © Aalto University Executive Education 16
  17. 17. Thanks! Will Cardwell Will.cardwell@aaltoee.fi December 3, 2013 Mons, Belgium FINLAND / SINGAPORE / POLAND / SOUTH KOREA / TAIWAN / CHINA / INDONESIA / SWEDEN / RUSSIA
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