Increase Transparency,Unleash Resources

Brief-on-the-Go at NASDAQ OMX: "Listing Growth Companies: An Efficient Way to Enter Capital Markets"

June 10, 2009

Will CardwellCEO, Technopolis VenturesChairman, High Tech and Growth Entrepreneurship Committee, AmCham

High Tech and Growth Entrepreneurship Committee

seeks to help build an ecosystem where Finnish and American High Tech players –

entrepreneurs, large corporates, investors, and service providers – network together, and focus on solutions to key challenges that limit the growth of Finnish high-

growth enterprises.

Plenty of Reasons to be Proud

• #1 Competitive nation (IMD, Harvard)• #2 Innovations with commercial potential

(MIT)• #2 World innovation index (Harvard)• #3 US patents/million citizens (USPTO)• #1 European patents/million citizens

(EPO)• #2 R&D expenditures of GDP 3.5%, 2/3 by

the private sector (OECD)• #1 Fraction of researchers in the total

population (OECD)• #5 High-value creative jobs in the total

economy (Carnegie Mellon) (US #11)• #2 Most competitive IT industry (OECD)• #1 Least corrupt (Transparency Intl.)• #1 Public education system (OECD)• #1-3 Penetration of mobile and Internet

Some US companies haveDiscovered Finland

The Challenge

• While Finland communicates well at a Macro level, communications are light on actionable level

• Transparency means improving the visibility of investment opportunities on physical (events, missions, congresses, etc) and digital platforms

• Resources means primarily financial and human resources

AmCham High Tech Committee Baseline Study Project

• We commissioned 4 Aalto students to help us summarize the climate for High Tech growth entrepreneurship

• We designed a 6 point model within which to evaluate strengths and weaknesses of the environment

• We selected 3 focus areas where our members can play a strong role, and set out an agenda for these items

• Program released at the NASDAQ/ OMX ”Brief-on-the-Go” event by AmCham High Tech and Growth Entrepreneurship Committee

3 Point Agenda for the next 12 to 36 months

• Attracting major US-based venture capitalists to become more active in Finland, with the goal of seeing 4 of them eventually set up operations here

• Support entrepreneurship in Finland through grassroots student movements like Aalto Entrepreneurship Society, as well as at the faculty level

• Facilitate exchange of information between large US players’ innovation roadmaps and the Finnish innovation system

Increase Transparency,Unleash Resources

Thank You!