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www.acein.aueb.gr
ACEin as a Best Practice:
The Incubation Center of
Athens University of
Economics and Business
ACEin
The Incubation Center of
Athens University of
Economics and Business
Following the University’s fifteen-year
experience in supporting innovation and
entrepreneurship, ACEin offers support to
potential young entrepreneurs and
researchers in order to turn their innovative
entrepreneurial ideas or scientific research
results into a sustainable business model and
subsequent a start-up company.
ACEin
Celebrating
Five Years
Coaching, Mentoring,
Consulting Services,
Technology Transfer
Startup Incubation &
Acceleration
Bridging Industry with the
Innovation Space,
Market Validation
Open Innovation &
Growth
Inspiration &
Entrepreneurial Education
Lead Generation,
Team Development,
Pre-Incubation
Positioning a University Incubator
Coaching, Mentoring,
Consulting Services,
Technology Transfer
Startup Incubation &
Acceleration
Bridging Industry with the
Innovation Space,
Market Validation
Open Innovation &
Growth
Inspiration &
Entrepreneurial Education
Lead Generation,
Team Development,
Pre-Incubation
Positioning a University Incubator
Support to streamline the
process of venture creation
New Venture
Creation
Process
A structured growth roadmap
With intensive coaching and mentoring
End-to-end proven methodology to
streamline the New Venture Creation Process
5 years of
operation
70+ teams
incubated
60+ new job
positions
9+ Teams
funded
20+ teams
paying customers
Coaching, Mentoring,
Consulting Services,
Technology Transfer
Startup Incubation &
Acceleration
Bridging Industry with the
Innovation Space,
Market Validation
Open Innovation &
Growth
Inspiration &
Entrepreneurial Education
Lead Generation,
Team Development,
Pre-Incubation
Positioning a University Incubator
Coaching, Mentoring,
Consulting Services,
Technology Transfer
Startup Incubation &
Acceleration
Bridging Industry with the
Innovation Space,
Market Validation
Open Innovation &
Growth
Inspiration &
Entrepreneurial Education
Lead Generation,
Team Development,
Pre-Incubation
Positioning a University Incubator
a University Competition on Entrepreneurship and Innovation
To Accelerate Innovative Ideas
that create Business Value
with the use of Technology
International
Hellenic University
University of
Nicosia
Athens University of
Economics and
Business
Agricultural
University of
Athens
Democritus
University of
Thrace
Aristotle
University of
Thessaloniki
Harokopio
University
Ionian
University
National and
Kapodistrian
University of Athens
National Technical
University of Athens
Technical University
of Crete
University of
Piraeus
University of
Ioannina
University of
Macedonia
University of
Crete
University of
Patras
University of
Cyprus
University of
Peloponnese
Athens University
of Applied
Sciences
University of
the Aegean
Voluntary collaborative effort supported by 20+ Universities in
Greece and Cyprus with the coordination of ACEin
at a glance…
By Athens University of
Economics and Business,
International Hellenic
University, University of
Nicosia
11 years,
Founded in 2008
Participants
(Students and Researchers)
300+
Entrepreneurial Ventures
formed and participated
100+
Universities actively
involved
20+ Awarded in
Ennovation Finals
€ 15K
Research Teams
wishing to take their
research results to
the market
30%
Not just a Competition but a Learning Process
June
Idea Submission
Deadline – Phase 1
December
End of Phase 2
September
Start of Phase 2
Launch event
January
Phase 3: Final
Pitching Event
Team
Manifesto
Business
Validation
Market
Research
Rapid
Prototype Financials
4- month Virtual Acceleration Process
Coaching, Mentoring,
Consulting Services,
Technology Transfer
Startup Incubation &
Acceleration
Bridging Industry with the
Innovation Space,
Market Validation
Open Innovation &
Growth
Inspiration &
Entrepreneurial Education
Lead Generation,
Team Development,
Pre-Incubation
Positioning a University Incubator
Coaching, Mentoring,
Consulting Services,
Technology Transfer
Startup Incubation &
Acceleration
Bridging Industry with the
Innovation Space,
Market Validation
Open Innovation &
Growth
Inspiration &
Entrepreneurial Education
Lead Generation,
Team Development,
Pre-Incubation
Positioning a University Incubator
Open Innovation
A win-win collaboration between large
corporates and the diverse and creative
crowd of tech talents, scientists,
entrepreneurs, nascent ventures, startups
ACEin as a
bridgemaker
StartupsLarge
Corporates
6-month structured process
Phase A
Call to Action
Phase B
Business Model Innovation
and Design Thinking
Phase C
From Vision to
Execution
Alignment of goals, Closing the cultural gap,
Maintain a level of quality and trust, Scouting
Open
Innovation
Programs
in collaboration with
Athens International Airport
(2 rounds)
Innovation in
Airport Environment
Ignite Ideas
in collaboration with
Interamerican
(2 rounds)
Innovation in
Health and Insurance
in collaboration with
Nestle
Innovation in
Food Industry
in collaboration with
VivaWallet
Innovation in
Financial Technologies
Best Practice:
How to crowdsource solutions and build
Proof of Concepts (PoCs) in 6-8 months
15 live
implementations
on AIA’s premises
in collaboration with
Athens International
Airport
(2 rounds)
Innovation in
Airport Environment
5+ strategic
corporate-startups
partnerships
Synergy:
Innovation Procurement and Co-Creation
Tactical startup and AIA decided to enter into a commercial
supplier-buyer agreement where a procurement contract
was signed among the two. AIA uses Tactical technology to
streamline its operations.
…involves the effective
planning, monitoring and
managing of daily personnel
work in large rooms, as well as
emergency management…
Best Practice:
How to create entrepreneurial culture and
build Proof of Concepts (PoCs) in 6-8 months
Ignite Ideas
30+ executives
actively
involvedin collaboration
with Nestle
Innovation in
Food Industry
“…the pitching event was the best day
I had ever in the company…”
(Supply Chain Director)
6 live
implementations on
Nestle’s premises
Towards an
Entrepreneurial Ecosystem
…is not merely an assembly line for
the creation of new companies…
…it values both innovation and
execution…
…it encourages partnerships between
the creative crowd academia and
industry…
Startup Incubation
& Acceleration
Inspiration &
Entrepreneurial
Education
Open Innovation
& Growth
Useful Links
http://acein.aueb.gr
http://www.ennovation.eu
http://www.thedigitalgate.gr
http://www.igniteideas.gr
https://www.imagineprogram.gr
http://yes.aueb.gr

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Δρ Αγγελική Καραγιαννάκη, 3rd Hellenic Innovation Forum

  • 1. www.acein.aueb.gr ACEin as a Best Practice: The Incubation Center of Athens University of Economics and Business
  • 2. ACEin The Incubation Center of Athens University of Economics and Business Following the University’s fifteen-year experience in supporting innovation and entrepreneurship, ACEin offers support to potential young entrepreneurs and researchers in order to turn their innovative entrepreneurial ideas or scientific research results into a sustainable business model and subsequent a start-up company.
  • 4. Coaching, Mentoring, Consulting Services, Technology Transfer Startup Incubation & Acceleration Bridging Industry with the Innovation Space, Market Validation Open Innovation & Growth Inspiration & Entrepreneurial Education Lead Generation, Team Development, Pre-Incubation Positioning a University Incubator
  • 5. Coaching, Mentoring, Consulting Services, Technology Transfer Startup Incubation & Acceleration Bridging Industry with the Innovation Space, Market Validation Open Innovation & Growth Inspiration & Entrepreneurial Education Lead Generation, Team Development, Pre-Incubation Positioning a University Incubator
  • 6. Support to streamline the process of venture creation New Venture Creation Process A structured growth roadmap With intensive coaching and mentoring End-to-end proven methodology to streamline the New Venture Creation Process
  • 7. 5 years of operation 70+ teams incubated 60+ new job positions 9+ Teams funded 20+ teams paying customers
  • 8. Coaching, Mentoring, Consulting Services, Technology Transfer Startup Incubation & Acceleration Bridging Industry with the Innovation Space, Market Validation Open Innovation & Growth Inspiration & Entrepreneurial Education Lead Generation, Team Development, Pre-Incubation Positioning a University Incubator
  • 9. Coaching, Mentoring, Consulting Services, Technology Transfer Startup Incubation & Acceleration Bridging Industry with the Innovation Space, Market Validation Open Innovation & Growth Inspiration & Entrepreneurial Education Lead Generation, Team Development, Pre-Incubation Positioning a University Incubator
  • 10. a University Competition on Entrepreneurship and Innovation To Accelerate Innovative Ideas that create Business Value with the use of Technology
  • 11. International Hellenic University University of Nicosia Athens University of Economics and Business Agricultural University of Athens Democritus University of Thrace Aristotle University of Thessaloniki Harokopio University Ionian University National and Kapodistrian University of Athens National Technical University of Athens Technical University of Crete University of Piraeus University of Ioannina University of Macedonia University of Crete University of Patras University of Cyprus University of Peloponnese Athens University of Applied Sciences University of the Aegean Voluntary collaborative effort supported by 20+ Universities in Greece and Cyprus with the coordination of ACEin
  • 12. at a glance… By Athens University of Economics and Business, International Hellenic University, University of Nicosia 11 years, Founded in 2008 Participants (Students and Researchers) 300+ Entrepreneurial Ventures formed and participated 100+ Universities actively involved 20+ Awarded in Ennovation Finals € 15K Research Teams wishing to take their research results to the market 30%
  • 13. Not just a Competition but a Learning Process June Idea Submission Deadline – Phase 1 December End of Phase 2 September Start of Phase 2 Launch event January Phase 3: Final Pitching Event Team Manifesto Business Validation Market Research Rapid Prototype Financials 4- month Virtual Acceleration Process
  • 14. Coaching, Mentoring, Consulting Services, Technology Transfer Startup Incubation & Acceleration Bridging Industry with the Innovation Space, Market Validation Open Innovation & Growth Inspiration & Entrepreneurial Education Lead Generation, Team Development, Pre-Incubation Positioning a University Incubator
  • 15. Coaching, Mentoring, Consulting Services, Technology Transfer Startup Incubation & Acceleration Bridging Industry with the Innovation Space, Market Validation Open Innovation & Growth Inspiration & Entrepreneurial Education Lead Generation, Team Development, Pre-Incubation Positioning a University Incubator
  • 16. Open Innovation A win-win collaboration between large corporates and the diverse and creative crowd of tech talents, scientists, entrepreneurs, nascent ventures, startups
  • 17. ACEin as a bridgemaker StartupsLarge Corporates 6-month structured process Phase A Call to Action Phase B Business Model Innovation and Design Thinking Phase C From Vision to Execution Alignment of goals, Closing the cultural gap, Maintain a level of quality and trust, Scouting
  • 18. Open Innovation Programs in collaboration with Athens International Airport (2 rounds) Innovation in Airport Environment Ignite Ideas in collaboration with Interamerican (2 rounds) Innovation in Health and Insurance in collaboration with Nestle Innovation in Food Industry in collaboration with VivaWallet Innovation in Financial Technologies
  • 19. Best Practice: How to crowdsource solutions and build Proof of Concepts (PoCs) in 6-8 months 15 live implementations on AIA’s premises in collaboration with Athens International Airport (2 rounds) Innovation in Airport Environment 5+ strategic corporate-startups partnerships
  • 20. Synergy: Innovation Procurement and Co-Creation Tactical startup and AIA decided to enter into a commercial supplier-buyer agreement where a procurement contract was signed among the two. AIA uses Tactical technology to streamline its operations. …involves the effective planning, monitoring and managing of daily personnel work in large rooms, as well as emergency management…
  • 21. Best Practice: How to create entrepreneurial culture and build Proof of Concepts (PoCs) in 6-8 months Ignite Ideas 30+ executives actively involvedin collaboration with Nestle Innovation in Food Industry “…the pitching event was the best day I had ever in the company…” (Supply Chain Director) 6 live implementations on Nestle’s premises
  • 22.
  • 23. Towards an Entrepreneurial Ecosystem …is not merely an assembly line for the creation of new companies… …it values both innovation and execution… …it encourages partnerships between the creative crowd academia and industry… Startup Incubation & Acceleration Inspiration & Entrepreneurial Education Open Innovation & Growth