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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