european innovation academy entrepreneurship summer program

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European Innovation Academy 7 th – 25 th July, 2014 Nice, France, 4 th edition The most innovative entrepreneurship summer program! From idea to an initial tech start up in 15 days

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The most innovative technology entrepreneurship summer program! The extreme accelerator – from idea to an initial start-up in 15 days 7th - 25th July, 2014 in Nice, Sophia Antipolis http://www.innovationacademy4u.com/

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Page 1: European Innovation Academy Entrepreneurship Summer Program

European Innovation Academy

7th – 25th July, 2014 Nice, France, 4th edition

The most innovative entrepreneurship summer program!

From idea to an initial tech start up in 15 days

Page 2: European Innovation Academy Entrepreneurship Summer Program
Page 3: European Innovation Academy Entrepreneurship Summer Program

Optogenetics – a simple procedure that uses surgical lasers to illuminate select neurons, changing the way you think and feel … about innovation.

Page 4: European Innovation Academy Entrepreneurship Summer Program
Page 5: European Innovation Academy Entrepreneurship Summer Program

We welcome 500 students, professors and business mentors from

50 countries!

Page 6: European Innovation Academy Entrepreneurship Summer Program

Super Agile Innovation!

Just in a 3 weeks…

Page 7: European Innovation Academy Entrepreneurship Summer Program

• I: Ideas, customers

• III: Prototype & $$

• II: Business Models

The Academy 7 – 25 July, 2014: weeks 1-3

Startup your business in 15 days!

Page 8: European Innovation Academy Entrepreneurship Summer Program
Page 9: European Innovation Academy Entrepreneurship Summer Program

Steve Blank

Page 10: European Innovation Academy Entrepreneurship Summer Program

…and You need to practice Innovators’ Failure

Pitching!!!

Challenge Yourself @ European Innovation Academy!

Why 90% of

new products

and services

fail…

Page 11: European Innovation Academy Entrepreneurship Summer Program

„Failure is an event not a

person”.

Page 12: European Innovation Academy Entrepreneurship Summer Program
Page 13: European Innovation Academy Entrepreneurship Summer Program

Fail fast. Fail cheap. Fail early. Go out to fail.

Follow The Innovation F-word!

Page 14: European Innovation Academy Entrepreneurship Summer Program

• I: Ideas, customers

• III: Prototype & $$

• II: Business Models

The Academy 7 – 25 July, 2014: weeks 1-3

Startup your business in 15 days!

Page 15: European Innovation Academy Entrepreneurship Summer Program

Coping with technology change…

Page 16: European Innovation Academy Entrepreneurship Summer Program
Page 17: European Innovation Academy Entrepreneurship Summer Program

Usenix Security had a team of researchers use off-the-shelf technology to show how vulnerable the human brain really is. With an EEG (electroencephalograph) headset attached to the scalp and software to figure out what the neurons firing are trying to do, it watches for spikes in brain activity when the user recognizes something like one's ATM PIN number or a child's face.

New Normal

Page 18: European Innovation Academy Entrepreneurship Summer Program

Towards Technological Singularity

Page 19: European Innovation Academy Entrepreneurship Summer Program
Page 20: European Innovation Academy Entrepreneurship Summer Program

Who? Which new customer segments will emerge in the next 5 years?

YUPPIES

YUFFIES

MOBY/DOBY

WOOFS

SKIPPIES

SANDWICHERS Adults caught between caring their children and their older parents

School Kids with Income + Purchaing Power

Well Off Older Folks

Mom/Dad Older – Baby Younger

Young Urban Failures

Youg Urban Professionals

Page 21: European Innovation Academy Entrepreneurship Summer Program

Customer & Idea Discovery

Page 22: European Innovation Academy Entrepreneurship Summer Program

ARE YOU SOLVING THE RIGHT PROBLEM?

“If I were given one hour to save the planet, I would spend 59 minutes defining the problem and one minute resolving it,” Albert Einstein said.

Most firms are not and that undermines their innovation efforts…

Indeed, when developing new products, processes, or even businesses, most companies aren’t sufficiently rigorous in defining the problems they’re attempting to solve and articulating why those issues are important. Without that rigor, organizations miss opportunities, waste resources, and end up pursuing innovation initiatives that aren’t aligned with their strategies.

Page 23: European Innovation Academy Entrepreneurship Summer Program

• I: Ideas, customers

• III: Prototype & $$

• II: Business Models

The Academy 7 – 25 July, 2014: weeks 1-3

Startup your business in 15 days!

Page 24: European Innovation Academy Entrepreneurship Summer Program
Page 25: European Innovation Academy Entrepreneurship Summer Program

Grow Fast or Die

The Academy technology by Samsung

Page 26: European Innovation Academy Entrepreneurship Summer Program

Customer Discovery, Phase One:

State Your Business Model

Page 27: European Innovation Academy Entrepreneurship Summer Program

Customer Discovery, Phase Two: "Get Out of the Building" to Test the Problem: "Do Customers Care?" Get your team "out of the building" to test the problem and to answer three key questions: • Do we really understand the customer's problem? • Do enough people really care enough about the

problem for this to become a huge business? • And will they care enough to tell their friends?

Page 28: European Innovation Academy Entrepreneurship Summer Program

• I: Ideas, customers

• III: Prototype & $$

• II: Business Models

The Academy 7 – 25 July, 2014: weeks 1-3

Startup your business in 15 days!

Page 29: European Innovation Academy Entrepreneurship Summer Program

Customer Discovery, Phase Three:

"Get out of the Building" and Test

the Product/Service Solution

Page 30: European Innovation Academy Entrepreneurship Summer Program
Page 31: European Innovation Academy Entrepreneurship Summer Program

24 – 25 July: pitch your ideas to venture capitalists

Page 32: European Innovation Academy Entrepreneurship Summer Program

Acceleration

Methodology

Developed in cooperation: Samsung, Microsoft, Amadeus, UC Berkeley

Page 33: European Innovation Academy Entrepreneurship Summer Program
Page 34: European Innovation Academy Entrepreneurship Summer Program

1 DAY X 15 = start-up

Theory & Methods Professors

Consultants Anayltics

Practice & Prototype Meet Customers

Business Mentors Executives

Venture Capitalists Angels

Day 1st Part Day 2nd Part

Listen & Think Team work

6 ECTS & 12 CP for US students*

* Independent work apply addition to 15 days in Nice

Page 35: European Innovation Academy Entrepreneurship Summer Program

Execution Ideas Without Execution Are A Hobby

Market Validation

Customer Validation

Limited Launch

Global Launch

Page 36: European Innovation Academy Entrepreneurship Summer Program

DEVELOP INTERDICIPLINARITY

TEAM WORK = INNOVATION SUCCESS

IT × Design × Business × Law

Page 37: European Innovation Academy Entrepreneurship Summer Program

http://www.flickr.com/photos/moriza/2565606353/

how do you collaborate?

Page 38: European Innovation Academy Entrepreneurship Summer Program

400 students 100

Start-ups

10 Team-finalists

3 Team-

winners

Page 39: European Innovation Academy Entrepreneurship Summer Program

The Prize 30 000 EUR

The most innovative Start Ups will win €10 000! • The startup will be selected by venture capitalist.

• VC panel has to confirm high growth business potential. • The moneyCN will be transfered to your new startup account.

Page 40: European Innovation Academy Entrepreneurship Summer Program

Key topics in the course: • Customer Development • Innovation Management • Corporate and Technology Strategy • New Product-Service Development • Creativity and Innovation Culture • Entrepreneurship Spirit and Skills • High Tech Products Marketing • Management of IPR • Business Model Design • Competitive Forces • Competing with Business Models

European Innovation Academy Sessions: • Big Data Business Models • What is next after cloud? • Innovators’ Speed Date • Team Marriage • Entrepreneurs’ Failure Pitching • James Bond Innovation Challenge • Star Wars Technology Lab • Pitching for Venture Capitalists • 3 D Prototyping • Lego Lab Prototyping • Entrepreneur Live Kitchen Kitchen

Academy: 60 sessions and lectures from 50 professors and business professionals

Page 41: European Innovation Academy Entrepreneurship Summer Program

Big Data Business Models in Tourism lndustry 10th July, 2014 Nice, Sophia Antipolis

Page 42: European Innovation Academy Entrepreneurship Summer Program

European Innovation Academy Classroom: 23 online screens, computers and cameras,

sensors to teach innovation and entrepreneurship

The Academy technology by Samsung

Page 43: European Innovation Academy Entrepreneurship Summer Program

James Bond Innovation Challenge

Challenge Yourself @ European Innovation Academy Sessions!

• Rapid prototyping • Bullet speed problem solving • Master of high tech • Rival your competitors • Smooth operator & networker

Page 44: European Innovation Academy Entrepreneurship Summer Program

Star Wars Tech Lab

Future Tech Roadmaps

Mega & Micro Trends

Technological Singularity

Challenge Yourself @ European Innovation Academy Sessions!

Page 45: European Innovation Academy Entrepreneurship Summer Program

LEGO LAB PROTOTYPING - AN UNIQUE SESSION PRESENTED ONLY IN EUROPEAN INNOVATION ACADEMY!

Challenge Yourself @ European Innovation Academy!

Page 46: European Innovation Academy Entrepreneurship Summer Program

European Innovation Academy technology entrepreneurship summer program is jointly

developed with UC Berkeley

Almost 30 UC Berkeley students participated last summer @ the Academy

Page 47: European Innovation Academy Entrepreneurship Summer Program

European Innovation Academy Partners

Page 48: European Innovation Academy Entrepreneurship Summer Program

Nice, Monaco, Cannes, Corsica

European Innovation Academy Social Program:

Page 49: European Innovation Academy Entrepreneurship Summer Program

Nice

Monaco

Cannes