aaltoes_latvia
Post on 21-Oct-2014
299 views
DESCRIPTION
How Aalto Entrepreneurship Society is built? How the Finnish economy is today and how is the startup scene?TRANSCRIPT
![Page 1: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/1.jpg)
Aaltoes stands for Aalto Entrepreneurship Society, the largest
and most active student-run entrepreneurship community in Europe.
![Page 2: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/2.jpg)
History
• Late 2008 group of students had an idea: they wanted to inspire young entrepreneurs (-to-be) and help people to work for their own ideas and dreams. • 2009 Aalto Entrepreneurship Society was founded
• First events were powered by free pizza & beer
• 2013 Aaltoes is the largest and most active student-run entrepreneurship community in Europe
![Page 3: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/3.jpg)
![Page 4: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/4.jpg)
Ideology
• New innovations, great companies and success stories are born because of talented people get together and exchange ideas
• Community is the key to success -> platform
• Very few of us has gone trough the whole process of being a startup entrepreneur – we bring experienced entrepreneurs to tell their stories
![Page 5: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/5.jpg)
![Page 6: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/6.jpg)
Culture
• Open community • Action • Doing rather than planning • Asking for forgiveness rather than asking for permission • We work harder to get higher
![Page 7: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/7.jpg)
![Page 8: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/8.jpg)
What we do?
• Started out with really small grassroots events • We cooperate with leading startups and the
most successful companies • We are the platform to get started trough
networking, feedback & practice • Aaltoes is more than an organization – it is
family, friends & a way of living
![Page 9: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/9.jpg)
![Page 10: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/10.jpg)
Events
1. Aaltoes Insights - Insights to different industrial branches 2. Aaltoes Talk - Inspiring keynotes
3. Aaltoes Pitch It - Pitch your idea 4. Aaltoes Speed Dating - Networking and matchmaking
• Help us to build the team
• Find out new board
member
• Create the spirit • Meet potential
investors • Entrepreneurial
matchmaking & fun
![Page 11: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/11.jpg)
![Page 12: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/12.jpg)
Summer of Startups
• Accelerator program for early stage business ideas • No talk – you have to see it
http://vimeo.com/68522168 http://vimeo.com/71697732 http://vimeo.com/72090386
![Page 13: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/13.jpg)
![Page 14: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/14.jpg)
The Team
• The Team makes everything possible
• Students, coaches, entrepreneurs….
• Everything is ran voluntarily
• We invite each and everyone – your action is the result
![Page 15: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/15.jpg)
![Page 16: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/16.jpg)
What we have achieved? • We have made a difference in Finland’s startup scene
and entrepreneurial culture
• We built up awarded accelerator program, Startup Sauna
• We have given young people the chance to experiment their capabilities & find their passion
• We have created the a world-wide network for likeminded people
![Page 17: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/17.jpg)
![Page 18: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/18.jpg)
Future
• Bigger, better, more international!
• Startup guide
• News platform
• Spread the word about entrepreneurship even wider!
![Page 19: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/19.jpg)
Startup Sauna is on a mission to build a
functioning startup ecosystem into Northern Europe.
![Page 20: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/20.jpg)
Expanding our activities • Year 2010: We need more than to
help startups • Startup Sauna Program is invented • An accelerator program for early-
stage startups from Northern Europe and Russia
![Page 21: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/21.jpg)
Startup Sauna
• In practice, Startup Sauna consists of three different operations
1. Startup Sauna program 2. Startup Sauna Internship 3. The Slush Conference
![Page 22: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/22.jpg)
Startup Sauna Program
• Helps promising early-stage startups to get ready for taking next step
• Coaches, investors & other professionals help teams to reach stage
• 109 companies have gratuated since 2010 • Raised together more than 34 USD
funding
![Page 23: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/23.jpg)
Startup Sauna Internship
• Non-profit internship program for the most skilled people in Finland & best startups in Silicon Valley and New York
• Learning by doing & unleashing full potential
• Chance to work at exciting startups with amazing entrepreneurs
![Page 24: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/24.jpg)
SLUSH
• Slush is a nonprofit, two-day technology & startup event
• In 2008, Slush was a 300-person event featured with Finnish startup enthusiastics and organized by students
• It has grown to be one of the top startup events in the world – attracting more than 40USD billion worth of venture capital, 7000 attendees & 400 media represententatives
![Page 25: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/25.jpg)
SLUSH
• Most promising companies from Northern Europe, Russia & beyond
• Organized to allow the next generation of great companies to have the ecosystem they deserve to succeed on a global level
• It takes 750 people to make it happen, including our 600 volunteers
![Page 26: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/26.jpg)
To Infinity and Beyond!
![Page 27: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/27.jpg)
Success Story: Walkbase
• Founded in 2010 by 4 friends
• The product: real-time metrics from the shopping beavior of customers
• Spring 2011: Startup Sauna Programm participant
• November 2013: funded by 3 million euros
![Page 28: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/28.jpg)
Success Story: CatchBox
• The product: throwable microphone
• Around 2012 three Aalto University students decided to set up a company
• Clear winner in Summer of Startups program 2012
• Pre-orders just started – sales world-wide! www.getcatchbox.com
![Page 29: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/29.jpg)
The Finnish Startup Scene: How to create successfull startup?
![Page 30: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/30.jpg)
The Story of Finland
• Late 2000s: same economic problems as many other developed country
• Nokia, our flagship and economic motor, slowly stopped running
• Reality hit: big companies can not secure us anymore
• The population is aging • We need to create over 200 000 new jobs
![Page 31: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/31.jpg)
Entrepreneurship as part of the Solution
• Government starts to support entrepreneurs(-to-be)
• Nokia Bridge program
• Change of attitude in late 2000s
• Slush, Aaltoes, Startup Sauna in the front row
![Page 32: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/32.jpg)
Gaming Industry: the New Nokia?
• Rovio & Angrybirds
• Supercell & Clash of Clans
![Page 33: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/33.jpg)
But let’s not forget about the others..
• Medicine: Hermo Pharma, Health Puzzle, Valon Laser
• Phones: Jolla, Aava Mobile • Music: Playmysong, Ovelin • Green technology: There Corporation, Visedo • Clothing: Makia
![Page 34: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/34.jpg)
Building up a company • What? How? Why? Hardest part is to
figure everything out.
• Passion, purpose & people.
• Activator, adaptability, strategic, discipline & focus.
• There is no magical recipe for succes
![Page 35: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/35.jpg)
Workshop
![Page 36: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/36.jpg)
Who is entrepreneur?
![Page 37: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/37.jpg)
What do you need to build
the company?
What are the challenges you may face?
![Page 38: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/38.jpg)
What kind of events are needed to distinguish the Entrepreneurial
potential?
![Page 39: Aaltoes_Latvia](https://reader033.vdocuments.us/reader033/viewer/2022051512/54468655b1af9fed3a8b4637/html5/thumbnails/39.jpg)