Aalto Entrepreneurial Ecosystem LES Conference, Copenhagen Tapio Siik, Head of Aalto Center for Entrepreneurship

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1 Aalto Entrepreneurial Ecosystem LES Conference, Copenhagen Tapio Siik, Head of Aalto Center for Entrepreneurship

2 ZenRobotics Trailer ZenRobotics Ltd., founded in 2007, is a Finnish high-tech company specializing in robotic recycling technology. The company s main product is ZenRobotics Recycler, a waste sorting system which separates raw materials from waste. ZenRobotics Recycler will revolutionize the way recycling works and help solve the global waste crisis that is getting out of hand

3 Three leading universities in their own fields became Aalto University in 2010 Helsinki School of Economics (HSE) University of Art and Design Helsinki (TaiK) Helsinki University of Technology (TKK) The Aalto University community: 80,000 alumni, 20,000 students, 5,000 staff members, 370 professors School of Arts, Design and Architecture School of Business School of Chemical Technology School of Electrical Engineering School of Engineering School of Science Today Aalto University comprises six schools that represent technology, business & economics, and art & design More than 90 Bachelor s and Master s programs

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

5 Core strategies and Key Performance Indicators Societal Impact The national mission of the university is to support Finland s success and contribute to Finnish society, its internationalization and competitiveness, and to promote the welfare of its people through research and by educating responsible, broad-minded experts to act a s society s visionaries and change agents. KPIs: Stakeholders perception of Aalto Total income from non-academic partners and the average amount of funding per non-academic partner Total number of employees and the annual turnover in companies that have their roots in Aalto Commissions of trust for domestic and international public and private institutions Aalto Entrepreneur Society is the largest, most active community for young entrepreneurs in the whole of Europe

6 Aalto Center for Entrepreneurship Service Serving Aalto employees and students as well as external companies Partner Partner in commercialization Value Bridging Aalto research and business life

7 ACE competence commercialization process overview ACE competence commercialization process Evaluation, concept development & validation of knowledge Start-ups Researchers / Students Aalto community Team Business Potential Feasibility Intellectual property Intellectual Property Rights Licenses

8 Aalto Center for Entrepreneurship Service Serving Aalto employees and students as well as external companies IPR Proposal evaluation and feedback Innovation project management, coaching and resourcing Managing, filing and commercialization of IPR Creation of Aalto research based spin-offs

9 What Really Happened?

10 Going Back in Time Year 2007 Bunch of Aalto (then HUT) Ph.D. researchers came up with some interesting ideas about pattern recognition & Artificial Intelligence They wanted to develop a Shirt Ironing Robot!!

11 Luckily The researchers met A Rap Artist

12 And a soon after that The Team was complemented by Experienced CEO with Strong Business Background And the rest is History

13 It s All About GARBAGE!

14 ZenRobotics Trailer II ZenRobotics Ltd., founded in 2007, is a Finnish high-tech company specializing in robotic recycling technology. The company s main product is ZenRobotics Recycler, a waste sorting system which separates raw materials from waste. ZenRobotics Recycler will revolutionize the way recycling works and help solve the global waste crisis that is getting out of hand

15 Aalto Center for Entrepreneurship