will cardwell ace nov 2011

Will Cardwell, Director

Overview of ACEAalto Center for Entrepreneurship

Aalto University A merger of three leading Finnish higher education institutes

Art & Designfounded 1871

Science & Technology, founded 1849

Economics, founded 1911•

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 University works towards a better world by:

• promoting top-quality and interdisciplinary research,

• pioneering education,• surpassing traditional

boundaries, and • embracing renewal.

Aalto University educates responsible, broad-minded experts with a comprehensive understanding of complex subjects to act as society’s visionaries and agents of change.

Mission

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by Hanna Maunuksela, Graduate of Aalto School of Art and Design

Six Schools (from January 2011)

• School of Art and Design

• School of Chemical Technology

• School of Economics    

• School of Electrical Engineering

• School of Engineering

• School of Science                       

Schools

Research

Core• Computation

and Modelling

• Materials

• Design

• ICT

• Media

Growing• Global

economic business processes

• Process and Systems Competance

• Architecture

• Art

Emerging• Service

Economy

• Digitization

• Energy

• Human-orientated living environments

“We are dedicated to long-term, high-quality research of high scientific value and impact on society”.

Public Private Partnership between Aalto University and TEKES

The Four Cornerstones of ACEBuilding successful companies that create jobs and prosperity.

EntrepreneurshipResearch

Entrepreneurship Education

Innovation Servicesand TechnologyTransfer

GrowthVenturing and

Start-Up Services

Types Of Entrepreneurship

• Lifestyle Entrepreneurship• Small Business Entrepreneurship• Scalable Entrepreneurship• Big Company Entrepreneurship• Social Entrepreneurship

• One size does NOT fit all!

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90% of new jobs and radical innovations are born in new technologycompanies, startups

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Creating ”Startup DNA”1. Focus where competitive advantage is2. Enable and reward extreme work3. Agility to thrive amid unpredictable market shifts

Silicon Valley PartnershipPartnership with Stanford – Go learn from and with the Best.

Aalto Entrepreneurship SocietyStudent-run. +3000 members strong.

Summer of startups10 weeks. 35 students. Global.

Startup Saunas200 applicants, 10 startups.Coached by real entrepreneurs with $200M VC raised and 20 exits among them

Venture Garage Video

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PowerkissPowerkiss technology provides a simple, user-friendly and efficient way of keeping all your dear devices charged on top of any surface. 

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AudioDraftAudioDraft offers companies a new and innovative way to order custom made audio from the artist and audio designer community by creating audio competitions. 

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THANKS!Will.cardwell@aalto.fi