Powerpoint exploring the locations used in television show Time Clash
Finnish Startup Scene 2010
1. Finnish Startup Scene 2010
Startup Crash Test
St. Petersburg
March 6th 2010
@rissanen
facebook.com/tommirissanen
2. WHO AND WHAT?
Emerging media technology explorer
Partner at Digital Media Finland
Previously deeply involved in media startup
support in several regional development
organizations
@rissanen #sctpiter #sctest
3. FINNISH STARTUP-ECOSYSTEM
80 % Helsinki area
Has developed very fast in the
past 5 years
Incubators changing roles
Startups very active in
networking themselves
Universities becoming active
Financing is the bottle neck
Few international success
stories
Public organizations still have
a big role
5. REGIONAL
DEVELOPMENT
TECHNOPOLIS AGENCIES FINNISH
MOBILE
TEKES ASSOCIATION
GOVERNMENT LARGE
COMPANIES
VERA- ARCTIC
STARTUP HAAGA-
VENTURE
VENTURE HELIA
CAPITALISTS
STARTUPS
SWEAT- AALTO
EQUITY ENTREPRENEURSHIP
VC’S SOCIETY
BUSINESS
ANGELS HUB
CONSULTANTS
HELSINKI
6. The Entrepreneurial paradoxes in
Finland
Finnish people are among the most
innovative in the World
But entrepreneurship is not an acceptable
career choice
The government supports entrepreneurship
in various ways
But taxation of companies is severe
@rissanen #sctpiter #sctest
7. Arctic Startup
Blog initiated by
entrepreneurs
p.com/
www.arcticstartu
“TechCrunch of the http://
Nordic countries”
The engine of Finnish
startup scene
Have helped a number
of startups raise money
Now a business
8. Aalto Entrepreneurship Society
Aalto University
combines tech, om/
s.c
business and art ht tp://aaltoe
There are very few
businesses coming from
Universities
AES aims in increasing
entrepreneurship in
Aalto University
9. Kisko Ventures
Example of business
driven venture activity
es.com/
http://k iskoventur
“Tech-based boutique
investor”
Investing sometimes
money but mostly
experience and early
stage technology
development
10. Finnish Mobile Association
Finnish mobile
company ecosystem
b.com/
p://w ww.finnmo
Information, htt
Involvement,
Influence,
Internationalization,
Investments
Joining large and small
companies together
11. Events
Mobile Monday
Arctic Evening
Open Coffee
Slush
Mindtrek
IGDA gatherings
Aaltoes events
#sctpiter #sctest
13. Insights
Finnish success stories get bought or stay
domestic
The new generation is bold and active
Open collaboration (ecosystem thinking)between
startups is happening, no results (yet)
Public money is not smart and there is not much
private money
There are Venture Angels with little money but
lots of experience emerging
@rissanen #sctpiter #sctest
14. TOMMI RISSANEN
+358401645364
TOMMI@RISSANEN.FI
@rissanen
Notas del editor
Language
Gleb
Social media
digital ecosystems
for 7 years in using tax money to help entrepreneurs
thinking over consultancy
-- transparency
-- openness
Helsinki dominates
despite of the recession, strong development
fewer incubators, they are not interesting
academic entrpreneurship lowest in the world
-- picking up
very little vc money, careful investors
few successes
public money available, but mostly paying for consultants, not financing companies
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
startups - arctic
universities and colleges
big companies not very interested - or dont have tools
financing sector looking for opportunities, not sure how
public organizations hover around and make projects
Tekes has money, hundreds of millions
-- Nobody really understands how the business environment is changing
-- Internet in 1990’s, Social media in 2000’s
changing slowly
if you have a company, you are out of the social security system
we lack the courage to put all our money in
Two active guys started blogging about startups
later events
helped startups get financing
read all over world
Newcomer, some 2 years old
also active guys from the university doing their thing
very important role in proving that entrepreneurship is cool
earlier a rockstar or a big company, now for some own business, freedom and money
There are a number of this kind of companies investing a little bit money but mostly helping companies - for shares - with their expertise
- Kisko also helping with early stage tech development
one year old
roots in Mobile Monday, begun from Helsinki, now all over world
From Nokia to small startups
Very good networks to Israel and Silicon Valley
Taking companies to Mobile World Congress and South by Southwest
Arctic - big thing in Finland - Siberia...
Arctic evenings maybe 4-6 a year in all nordic countries
open coffee about once a month, informan gathering
Slush once a year, by startups for startups
-- if you can make it in dark and slush, you can make it anywhere
Mindtrek for 10 years in Tampere
Igda for a long time, Neogames
Scred - microfinancing
Sulake - habbo and irc-gallery
Xiha - multilingual social network
Severa - Project management system, free for 1
Dopplr - travel logging
Floobs - videochannel
Jaiku - twitter
Muxlim - largest muslim social network
Blyk - free operator for young people
Linkotec - Managing media bw phone and laptop
Everyplay - social casual gaming
fruugo - global internet shopping
hitlantis - social music for indie bands
heiaheia - sports logging
remedy - max payne, alan wake
eat.fi - restaurant recommendations
Sofanatics - watching sports alone with friends
tvkaista - recording/watching tv over broadband
balancion - managing bank information
it is a long way to millions from Finland
young people are not the same as us old farts
- or the finns you think you know
collaboration, honesty, openness
Financing the biggest obstacle being fast the second largest
new breed is sharing experiences