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Will Cardwell, Director Overview of ACE Aalto Center for Entrepreneurship

Will cardwell ace nov 2011

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Summary of ACE's role at Aalto University

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Page 1: Will cardwell ace nov 2011

Will Cardwell, Director

Overview of ACEAalto Center for Entrepreneurship

Page 2: Will cardwell ace nov 2011

Aalto University A merger of three leading Finnish higher education institutes

Art & Designfounded 1871

Science & Technology, founded 1849

Economics, founded 1911•

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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

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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

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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”.

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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

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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

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

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Aalto Entrepreneurship SocietyStudent-run. +3000 members strong.

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Summer of startups10 weeks. 35 students. Global.

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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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