4. Aalto University
A merger of three leading Finnish higher
education institutes: business, art &
technology.
5. Aalto University
A unique community:
• 4,300 faculty and staff, including 300 professors
• 20,000 students
• 75,000 alumni
Total annual budget 400 million € (2011).
5
7. The four cornerstones of ACE
Building successful companies
that create jobs and prosperity.
Entrepreneurship Entrepreneurship
Education Research
Innovation Services Growth
and Technology Venturing and
Transfer Start-Up Services
8. ACE impacting Aalto Community
ACCELERATING
VENTURES
DRIVING INNOVATIONS
TAKING RISK
ENCOURAGING AND SUPPORTING
INCREASING AWARENESS
Aalto community /
Aalto value creation process
research
9. Roles
Participation of key internal stakeholders in Aalto
competence commercialization
Participation
Inventor /
team
Department
ACE team
Process
Start-ups phase
Aalto community / Concept
Proposal Evaluation Validation IP
research development Licences
10. Aalto Value Creation Process
Concept development
Business Start-ups
Aalto community
potential
Evaluation
Validation
Proposal
Immaterial
Feasibility Property
Rights
Intellectual
property Licenses
11. Highlights for ACE 2010
111 Record number of inventions from Aalto.
25 Record number of priority patent applications filed
by Aalto Researchers.
15 Record number of startups formed from Aalto-
based ideas.
2 Strong new partnership with Stanford Technology
Ventures and Stockholm School of
Entrepreneurship.
Major new sales of Aalto patents to Finnish industry.
12. Licensing opportunities
The IP transfer is defined based on
- geographical coverage
- application areas:
1. Non-exclusive license
2. Exclusive license
3. IP purchase -> all rights transferred
- In most cases Aalto University helps with customer’s
R&D by research services
14. 90%
of new jobs and
radical innovations
are born in
new technology
companies,
startups
15. Unique Opportunity
TIME magazine announced their annual “Best Of 2010” and two Finnish based gaming companies
shined on top in the Video Games of the year: Alan Wake” by Remedy Entertainment, and the
second place to the mobile game “Angry Birds”, produced by Rovio Mobile. Both have backgrounds
from the former Helsinki University of Technology, that was later merged into Aalto University in
2010.
Remedy’s CEO Matias Myllyrinne states:
“The wisdom acquired at Aalto University certainly assisted in building the foundations of our
company. Now, we actively follow innovations from Aalto, and scout for fresh talent. There is no
doubt in my mind that many new game concepts will come out of Aalto in the future, especially
due to the tighter integration of design with technology development.”
16. Highlights from companies
We see many things in the ecosystem around
Aalto that are encouraging:
NO:1&2 Aalto startups Rovio and Remedy
Entertainment created number 1 and 2
global game titles
.
Largest VC funding round of recent
9M€ history in Finland for research-based
company went to Beneq (9m€), which
relies greatly on Aalto expertise
3M€ Large funding round to Canatu
(3+m€), which is an Aalto spinout
(based on Aalto IP)
19. Virtual Air Guitar Company
Virtual Air Guitar Company is a next generation (Xbox 360,
PS3 and PC) game developer.
20. ZenRobotics
8
ZenRobotics Ltd., is specializing in robotic recycling technology,
which separates raw materials from waste.
21. Talent Opportunity:
Aaltoes Enternship
For growth oriented Finnish startups aiming at global
markets.
2,5 month paid summer internship for students (50/50).
Aaltoes organizes events such as Startup BBQs and keynotes at Aalto
Venture Garage with Summer of Startups.
Startups assign a mentor (eg. CEO) to guide the student.
More info http://aaltoes.com/enternship
22. How can we serve you?
Teemu Seppälä, Marketing Manager, +358 50 301 1192
http://ace.aalto.fi