Aalto University selected by Stanford to build a leading entrepreneurial university

09.03.2011

The Aalto Center for Entrepreneurship (ACE) has launched an extensive partnership with Stanford Technology Ventures Program (STVP), the world-renowned center on entrepreneurship and innovation.

Over the next three years, the partnership program brings Silicon Valley know-how about high-growth entrepreneurship education and research to Aalto University.

The partnership aims to create new know-how and research regarding innovations, ventures and workplaces that are required by Finland and the whole Europe to increase competitiveness. The initiative involves running programs and workshops for Aalto University’s entrepreneurial researchers, students and other personnel at Stanford University and throughout Silicon Valley. The goal is to help build Aalto University into one of the leading entrepreneurship universities in Europe. The program is strongly supported by TEKES, the Finnish Funding Agency for Technology and Innovation.

According to Tina Seelig, the executive director of STVP 

– One of the main reasons Aalto University was chosen as our first official European partner is the remarkable startup culture created by the students of Aalto Entrepreneurship Society. We also see excellent potential in the multidisciplinary model of Aalto University, which has many links already in place with Stanford.  In addition, we admire the award-winning, grassroots impact the entrepreneurial students have had at the university and across Finland. We look forward to contributing to this effort.

During this Spring, ten students and researchers, along with two of the most promising Aalto University startups, Dealmachine and Audiodraft, will be resident in Silicon Valley for several months to establish the cooperation.  In addition, several members of the STVP team will spend time in Finland coaching researchers, students and startups at Aalto University. This includes serial entrepreneur and venture capitalist, Donna Novitsky; serial entrepreneur and author of the acknowledged startup development methodology, Steve Blank; Professor of Management Science and Engineering Riitta Katila; and STVP Associate Director, Forrest Glick. Aalto also looks forward to co- hosting STVP’s annual European conference for entrepreneurship educators in September 2012. This meeting, known as the Accel Roundtable on Entrepreneurship Education (REE,) is important for Aalto and the entire Helsinki region.

 – This partnership is a major opportunity for Aalto University. Through workshops and courses run by the world-leading experts of Stanford University, our students, faculty and startups will gain unique learning opportunities, says Will Cardwell, head of Aalto Center for Entrepreneurship. The partnership activities will be published on ACE’s website starting this Spring.

Contact Information:Aalto Center for Entrepreneurship
Will Cardwell, william.cardwell (at)aalto.fi, tel. +358 (0)40 514 1325

Aalto Center for Entrepreneurship (ACE) coordinates all activities related to technology transfer, intellectual property management, startup companies and the teaching and research of growth entrepreneurship at Aalto University. ACE aims at creating business success stories from the science and art within Aalto University community, and working as a catalyst for elevating high ambition entrepreneurship from Finland and through the Baltic region. For more information, visit www.ace.aalto.fi .

Stanford University, located in the heart of Silicon Valley, is the birth place of technology giants such as Google, Intel, Cisco and Hewlett-Packard. Stanford University has continuously been rated among the world’s best universities.

Stanford Technology Ventures Program (STVP) is the entrepreneurship center at Stanford University's School of Engineering.  Hosted by the department of Management Science and Engineering, STVP is dedicated to accelerating high-growth entrepreneurship education and creating scholarly research on technology-based firms that, in turn, provides new insights for students, scholars, and business leaders. For more information, visit stvp.stanford.edu.

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