The document outlines the European Entrepreneurship & Innovation Program (ME 421) offered by Stanford University, focusing on comparative entrepreneurship and innovation systems in Europe and Silicon Valley. It features various guest speakers from across Europe discussing venture funds, entrepreneurship trends, and the unique aspects of the European innovation ecosystem. The course aims to enhance understanding and collaboration between U.S. and European entrepreneurs, with detailed sessions planned for the winter quarter of 2010.

1. European Entrepreneurship & Innovation Program (ME 421) Dr. Burton H. Lee PhD MBA Program Director Department of Mechanical Engineering [email_address] http://me421.stanford.edu January 4 2010 Course Introduction Winter Quarter 2010 (Year Two)

2. Today’s Session Jan 4 2010 New Venture Funds in Europe Joerg Sperling , Partner, WHEB Ventures (Munich, Germany) Miguel Valls , Managing Partner/Founder, MED-SV Fund ; VP Corporate Development, Vlex Networks (Barcelona, Spain) John Hartnett , Managing Director, Irish Technology Capital ; President & CEO, G24 Innovations (Ireland) Country/Region Introductions Ireland : John McIntyre , Enterprise Ireland Copyright 2010 Stanford University

3. Map of Speaker & Institutional Nationalities European Entrepreneurship & Innovation Thought Leaders Stanford Engineering ME421 Winter 2010 (Provisional)

4. Course Scope “Comparative Entrepreneurship & Innovation Systems” Copyright 2010 Stanford University Angel Investors VC Funds Entrepreneurs & Startups R&D Labs Universities Corporations Incubators/ Accelerators Silicon Valley Innovation Ecosystem European Innovation Ecosystem + Government: Pan-EU National Regions Municipal Foundations Institutions & Markets

5. European Innovation Ecosystem Idea Generation Research & Development Universities, Corporations, Natl labs Talent Creation Entrepreneurship Education Immigration Policies Copyright 2010 Stanford University Primary Focus of 2010 ME421 Program Simplified Schematic New Company Formation Angel Investors Venture Capital Exit M&A or IPO Recycling of Entrepreneurial Talent & Angel/VC Investment Capital Legal & Political Context Processes Technology Transfer/ Commercialization University / Lab TTOs Product Innovation Design, Development & Management

6. European Government Partners 2010 Gold Partners Silver Partners Copyright 2010 Stanford University Madrid Region, Spain Basque Region, Spain Lille Region, France Lyon Region, France

7. Other Partners and Organizations Industry Partner Supporting Organizations Copyright 2010 Stanford University VTT Technical Research Centre of Finland

8. Year One Highlights Sten Tamkivi Head, Skype Estonia Corporate Venturing in European Multinationals Roche, SAP, Siemens, DSM, Virgin Fund Prof. Alberto Sangiovanni Vincentelli UC Berkeley EECS Co-Founder, Cadence Uli Fricke Triangle Ventures, Germany Board Member, EVCA Dr. Sven Schade European Commission DG Enterprise & Industry Copyright 2010 Stanford University

9. Year One Highlights EU-USA Angel Investing Mini-Summit EBAN/ACA/SV Bank Copyright 2010 Stanford University Visit of H.E. Toomas H. Ilves, President of the Republic of Estonia

10. EEITL in Europe Dublin-Galway-Cork, Ireland National Innovation Taskforce Kiev, Ukraine Coaching Startup Teams Copyright 2010 Stanford University Helsinki, Finland SlushHelsinki Santander, Spain UIMP Startups Conference

11. Course Requirements Stanford Students Only ;-) Weekly attendance: Students must attend or watch 7 of 8 lectures Complete attendance sheets passed around in class Make up missed lectures within 1 week, send note to SA All lectures archived online at SCPD End-of-Quarter Essay Write 2-3 page essay on what you learned, major differences/similarities between entrepreneurship in Europe and Silicon Valley Details to be announced later this quarter Feedback on Speakers and Course Content Copyright 2010 Stanford University

12. Online Communities Join us @ LinkedIn, Facebook & Twitter !! LinkedIn members: 1880+ Facebook members: 1120+ Twitter: europreneurs Intended to facilitate professional, student and faculty networking outside of class Open to the Public in Europe and US at no charge Students should join at least one of these Copyright 2010 Stanford University

13. Video Viewers General Public and European Attendees: Instructions for viewing our course videos are posted on our website (upper left hand corner of home page) Viewers must first register with Stanford Center for Professional Development (SCPD) No charge !! Posted within 3 hours of the end of each lecture Stanford Students, Faculty and Staff Live Streamed Videos of class lectures are now available via SCPD to on-campus site Copyright 2010 Stanford University

14. Class Schedule Jan 4: New Venture Funds in Europe Jan 11: French and Irish Entrepreneurs in Software and Cleantech Jan 18: NO CLASS - Holiday Jan 25: Nordic Entrepreneurs and Venture Spinouts Feb 1: Entrepreneurs & Venture Investors in Spanish Regions Feb 8: Medical Device and Cleantech Venture Investors in Scandinavia Feb 15: NO CLASS - Holiday Feb 22: Tech Startup Incubators in Spanish and French Regions Mar 1: Venture Capital & Innovation in the Benelux & Mediterranean Regions Mar 8: New Approaches to Corporate Innovation in Europe Session topics and speakers subject to change Copyright 2010 Stanford University

15. Teaching Team Dr. Burton H Lee PhD MBA Mechanical Engineering Prof. Larry Leifer, Mechanical Engineering Director, Center for Design Research (CDR) Prof. Elisabeth Pate-Cornell, Chair, Management Science & Engineering Dept. SA: To be announced (interested students may apply) IdaRose Sylvester , Silicon Valley Link (volunteer for today) Website: me421.stanford.edu Copyright 2010 Stanford University

16. Next Week’s Session Jan 11 2010 European Commission Overview Laurent Bochereau ; S&T Counselor, EC Delegation, Washington DC Country/Region Introductions Lyon - France : Stephane Barbier , Aderly/OnlyLyon Agency French & Irish Entrepreneurs in Software & Cleantech Jean Rauscher ; CEO, Yseop Andrew Parish ; CEO, Wavebob Copyright 2010 Stanford University

17. Entrepreneurial Thought Leaders (ETL) Wed January 13 John Adler (Founder, Accuray) Trip Adler (Founder/CEO Scribd) Wednesdays, 4:30 – 5:30 pm, Skilling Auditorium Website: etl.stanford.edu Copyright 2010 Stanford University

18. Today’s Class Jan 4 2010 Country/Region Introductions Ireland : John McIntyre , Enterprise Ireland New Venture Funds in Europe Joerg Sperling , Partner, WHEB Ventures (Munich, Germany) Miguel Valls , Managing Partner/Founder, MED-SV Fund ; VP Corporate Development, Vlex Networks (Barcelona, Spain) John Hartnett , Managing Director, Irish Technology Capital ; President & CEO, G24 Innovations (Ireland) Copyright 2010 Stanford University

19. Today’s Discussion Jan 4 2010 New Venture Funds in Europe Key themes: Where are new funds being raised? Sectors? Geographies? What is needed to be successful in raising a fund in Europe today? What are the differences between raising venture funds in Europe and Silicon Valley? The role of government(s) in European venture funds? Where is venture capital headed in Europe? Copyright 2010 Stanford University

20. Why European Entrepreneurship + Innovation @ Stanford ?? Why Europe and Silicon Valley? A strong community of important entrepreneurs, investors, technology executives and researchers in Silicon Valley Contributions are often neglected in Valley discussions about Asia and US An emerging innovation region and community Growing role in bringing new energy , environmental , water, information, medical devices and life sciences technologies to the global market Substantial challenges in Europe to rapidly moving technical innovations developed in universities, national laboratories and corporations into the marketplace Europe is increasingly looking to domestic entrepreneurship — and Silicon Valley — to accelerate economic growth and build a new generation of innovative technology corporations European regions are taking the lead here in many cases – not well understood in the US Why Stanford? Complements and expands current School of Engineering teaching programs on Silicon Valley and Asian high tech entrepreneurship Large community of European, Asian, overseas and US engineering & medical students, professors, postdocs and staff with sustained interest in Europe Overseas Studies Program (OSP) centers in 6 European countries Berlin, Florence, Madrid, Moscow, Oxford, Paris – 250+ undergraduate students/year study in Europe !! “ Comparative entrepreneurship and innovation systems ” provides interesting new approach Extends dialogue about “pure” entrepreneurship into broader perspective around “innovation ecosystems” Strong interest at Stanford Engineering in expanding research collaborations, funding sources and profile outside the US Copyright 2010 Stanford University

21. Course Overview and Goals Why Europe and Silicon Valley? European Startups and Entrepreneurs of Note (partial listing) Skype - Niklas Zennström (Sweden); Janus Friis (Denmark) MySQL – Marten Mickos (Finland) Virgin Group – Richard Branson (UK) Nanosolar – Martin Roscheisen (Germany) eBay – Pierre Omidyar (France) Google – Sergey Brin (Russia) European Corporations in the Valley (partial listing) Siemens (Germany) SAP (Germany) DaimlerChrysler (Germany) BMW (Germany) Infineon (Germany) Orange (France) Virgin Group (UK) US-European Venture Capital (partial listing) Wellington Partners Nexit Ventures Sofinnova Ventures Siemens Ventures Accel Partners Copyright 2010 Stanford University

22. Course Overview and Goals Offered Winter 2010 ; Winter/Spring 09 Companion to current Stanford SoE courses: Entrepreneurial Thought Leaders (ETL/STVP) Asian High Tech Entrepreneurship (US-Asia Center) Connect Overseas Studies students in Europe to Silicon Valley upon return Western, Central and Eastern Europe Ireland to Russia Scandinavia to the Mediterranean Copyright 2010 Stanford University