1. Co-Creating Growth with the
Aalto University Community
Will Cardwell
Aalto University Center for Entrepreneurship
www.ace.aalto.fi / will.cardwell@aalto.fi

2. Summary of the Aalto University Strategy
The best connect and succeed at Aalto University, an institution
Vision internationally recognised for the impact of its science, art and learning.
Goal A world-class university by year 2020
Universal Contributions National Competitiveness
mission to a better world mission and welfare of Finland
Core
strategies Pioneering Trend- Societal
and KPIs Research setting art impact
excellence education
Art, architecture and Adding value through
Students in focus,
Original, impactful, design as key drivers entrepreneurship,
a new learning culture
interdiciplinary for improving living business liaison and
and approaches
environments societal interactions
Strategic enablers Leadership; Internationalisation; Services; Infrastructure
Culture built
Passion; Courage; Freedom; Responsibility; Integrity
on common values
Schools Arts, Design and Architecture; Chemical Technology; Economics;
Electrical Engineering; Engineering; Science

3. Core strategies and Key Performance Indicators
Societal Impact
Aalto University improves the welfare
of society through entrepreneurship,
business liaison and societal
interactions.
KPIs:
• International visibility
• Partners’ perception of Aalto Aalto Entrepreneur
Society is the largest,
• Number of spin-offs most active
community for
• Number of partners young entrepreneurs
in the whole of
• Funding from partners Europe.
< Back to chart

4. ACE Resources
ACE
Innovation Svc
Startup Svc
InReach (AVP)
OutReach
AppCampus
…

6. Number of projects (476 total)
School of
School of Chemical Engineering 121
Economics 23 Old TKK 5
5% Aalto University 19 Metropolia 6 1% Sibelius Academy 1
4% 1% School of Electrical Engineering 106
0%
School of Art and Design
29 School of Science 99
6%
School of Chemical Engineering School of Engineering 67
121
26%
School of Art and Design 29
School of Engineering 67
14% School of Economics 23
School of Electrical Engineering
106
Aalto University 19
22%
School of Science 99
Metropolia 6
21%
Old TKK 5
Sibelius Academy 1

7. Current number of projects at Aalto Center for Entrepreneurship
-divided by field of industry and case profile (total number of projects higher)
140
120
Startup potential
100
Startup project
Number of projects
80 Licensing
60
40
20
0
137 83 42 30 25 20 18 18 7
Industrial ICT ICT/Mobile Life ICT Cleantech Nano- Services Consumer
Software Telecoms Sciences Hardware technology goods
Startup potential 11 25 4 11 4 2 0 12 6
Startup project 3 13 4 3 1 0 1 6 0
Licensing 123 45 34 16 20 18 17 0 1

11. Aalto Entrepreneurship Education
Building Blocks
School of
1. Aalto Ventures Program Science
2. Summer of Startups Aalto
Venture
3. Startup Life Garage
4. Startup Sauna
5. Out to the Global Community!

12. ENTREPRENEURSHIP: A STRATEGIC ISSUE FOR AALTO UNIVERSITY
Aalto Ventures Program (AVP): Strengthening the academic
dimensions of entrepreneurship at Aalto University

13. Summer of Startups – ”Intern Substitute”
10 weeks, 40 students, Global.

14. 14

15. Startup Sauna
7 weeks, 400 applicants globally, 20 teams
Coached by Serial Entrepreneurs

18. AppCampus
Boosting The Mobile Ecosystem
June 4th 2012
World Bank Training Program
Will Cardwell
Head, Aalto Center for Entrepreneurship
18

19. Date/Time 28.5.2012, 14:00
Applications 435
% Company 28.28 %
In Alternative app
24.37 %
marketplace

20. The Aalto Startup Community
What Happened in 2011
Blaast €3M investments by global investors, launching mobile cloud in southeast Asian operators
Eniram name fastest growing Greentech company in Deloitte fast 500, Fastest growing company in Finland
Multi Touch launched world’s largest multiuser, multitouch display, €2M investment in August
Remedy Entertainment Death Rally highly successful on iOS, with 1.8 paid download.
Senseg named on of Time Magazines 50 most important inventions
Rovio sets every possible growth record in mobile gaming, showing how to branch into new markets
Nexstim €13M fro, and a steady stream of newsflow regarding new results of Navigated Brain Stimulation
Mendor €8 million euro of VC financing, Red Herring 100 finalist
Modz significant financing round, founder Salla Koski wins 2nd prize among European woman inventors.
Campalyst Startup Sauna winner who went on to win of Seedcamp NY
Scoopinion winner of 250k Sanoma Foundation Innovation Award
Flowdock Announced $650k funding round of US investors and seed investors, including Mårten Mickos.

21. THANKS!
Will.Cardwell@Aalto.fi