STVP - Aalto partnership

Transcript

1. Aalto - Stanford December 20th 2011 Aalto Center for Entrepreneurship Aalto - Stanford partnership. Year 2011 at a glance Tuesday, December 20, 11
2. Executive summary 1. Background of the partnership 2. Goals for 2011 3. Key achievements for 2011 - Faculty exchange: Stanford-Aalto - Building a new venturing curriculum: Aalto Ventures Program - Startup Life -internship program - Startup Sauna -accelerator program - Other benefits to Aalto startup activities 4. Roadmap for 2012 Tuesday, December 20, 11
3. 1. Background of partnership Aalto and TEKES began a 3-year partnership with Stanford Technology Ventures Program in January 2011. STVP was selected as our partner since it is acknowledged as the leading growth entrepreneurship education program in the world, and is targeted at equipping engineers with the tools to act as entrepreneurs within any organization they choose to enter. Since we announced the partnership, their reputation has only grown – recently STVP won a large and highly-competed grant from the National Science Foundation to develop an approach to entrepreneurship that can be implemented within any engineering or research organization. Tuesday, December 20, 11
4. 2. Goals for 2011 4 1. STVP-Aalto relationship. Coordinating and planning STVP/ACE partnership in States & Finland. Kickstart the faculty exchange and curriculum building. avp.aalto.fi 2. Startup Life. Build the 3-month internship programme for students in top-tier Silicon Valley startups. startuplife.in 3. Startup Sauna. Push the best startups from the region to meet customers, competitors, investors and to learn about the culture of building companies. startupsauna.com 4 5 " 3 5 6 1
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   7 " - - & : The ACE-STVP partnership, supported by TEKES, is a 3-year programme with the aim of making Aalto the leading venturing university of Europe by 2013 Tuesday, December 20, 11
5. 5 3.1 Stanford faculty visiting STVP sent eight of it’s faculty members on dedicated trips to Finland, each having their own area of expertise. All have helped startups also in Valley. Mike Lyons, Curriculum development; Mike is co-teaching “New Venture Formation” course at Aalto with Will Cardwell in Q1 2012. Donna Novitsky, Coaching Startups; met with more than 10 startups in Helsinki, a major public presentation, and travelled to Tampere to coach startups. Tina Seelig, Creativity and Education, operational management of entrepreneurship programs; Tina did a major public presentation, met members of Aalto and TEKES management. Tom Byers, Curriculum Development and strategic management of entrepreneurship programs; 2 public talks, and led a full-day workshop with Aalto’s faculty Steve Blank, Startup creation and growth, ecosystem development; reached in public appearances 1000s of entrepreneurs, coached 17 startups, delivered 12 lectures, made 9 interviews, met 8 VCs, participated in 4 panels, met 2 ministers, 2 members of parliament, 1 public pension fund, and was featured in a TV documentary. In the process of investing into 2 Aalto-based startups www.steveblank.fi Riitta Katila, Execution of growth entrepreneurship research; led a doctoral colloquium and coached nearly 10 doctoral and masters students one-to- one. Kathy Eisenhardt, Strategic management and entrepreneurship; led a doctoral colloquium, and received an honorary doctorate from Aalto. Forrest Glick, media and communications of entrepreneurship programs: led a public session on communication skills, and coached ACE and Aalto Entrepreneurship Society on its media strategy. Tuesday, December 20, 11
6. 3.2 Building a new venturing curriculum 1. Developing an in-depth, shared understanding of how a world-class venturing program is built. Creating direct peer-to-peer relationships with Stanford. First new courses start 1/2012. 2. Inspiration, insight and experience to build bold ventures. Aalto Ventures Program (AVP) is dedicated to offering state-of-the-art education already starting 2012 on scalable ventures and conducting scholarly research that has impact on teaching, research, and practice of venturing. 3. Identifying faculty members. Recruitement for two new faculty members started. Integrating practitioners as well as afffiliated faculty to the activities. 12 identified faculty members (researchers, professors and senior management) from all three schools visited Stanford to drive forward the Aalto Ventures Program. Tuesday, December 20, 11
7. 7 3.3 Startup Life 1. Twelve students so far. Six in June 2011, six in January 2012. Participants from all three schools: PhDs & grad-level students. Companies top-tier, vc-funded startups from software & hardware, early-stage & later- stage: Seven, Eucalyptus, Ditto, Zendesk, 2bko, Anybots, UserVoice, Apptivo, Grove.io 2. Expansion. Taking the programme to other startup hubs (New York, Shanghai, Berlin, London). Bringing students from Stanford and all around the world to do an internship in Finnish top-tier startups in summer 2012 (Startup Life Helsinki) 3. Effect. Direct contacts to founders, employees and investors. Understanding of working in growth companies. Rolemodels for younger students. Startup Life is a 3-month internship programme for Aalto students who want to learn to build products, teams and companies in the startuo hubs of the world. Tuesday, December 20, 11
8. 3.4 Startup Sauna 1. Two trips to Silicon Valley for 20+ startups. Best from two batches taken to Silicon Valley to meet investors, see competition and talk to customers. Steve Blank: “I’d intro any of these to Valley VCs”. 3. Winning startups in Silicon Valley. Office space for Audiodraft, Dealmachine, Flowdock, Ovelin, Campalyst, Futureful etc. 2. Coverage. Robert Scoble, GigaOM, Wired, Washington Post etc. Coachpool includes all relevant startup founders of the region and Steve Blank from Stanford. Startup Sauna is the world’s leading open sourced seed accelerator for early stage startups in Northern Europe and Russia. Tuesday, December 20, 11
9. 9 3.3 Leverage otherwise 14 identified faculty members (researchers, professors and senior management) from all three schools visited Stanford to drive forward the Aalto Ventures Program. 3.5 Other benefits to Aalto startup activities High-profile startup people (Alex Osterwalder, Om Malik) visited Finland through presence in Silicon Valley. Informal visits of 100+ persons to Valley. Other Aalto partnerships in Stanford have also benefitted. Almost weekly media coverage in Finnish and foreign magazines (Kuukausiliite, Image, HS, Talouselämä, Kauppalehti, MTV & YLE tv channels, Wired, Wall St. Journal etc.) Strong interest from politicians - both members of parliament and presidential candidates. Documented materials (websites, blogposts, guides). Tens of thousands of pageviews. Stanford partnership and presence in Silicon Valley has brought Aalto a lot indirect benefits. Tuesday, December 20, 11
10. 10 4. Roadmap for 2012 For 2012 Aalto plans on facilitating a growing amount of exchange between the two universities. A key element is building the Aalto Ventures Programme faculty and curriculum. Building and recruiting the new venturing faculty, adjuncts and practitioners. Implementing the new curriculum for a minor in growth entrepreneurship. Continuing Startup Life & Startup Sauna. Taking part in building a worldwide e-school curriculum (eCorner for Aalto) Executing the Accell Roundtable on Entrepreneurship education - a globally renowned conference Tuesday, December 20, 11