The Innovation Centre Denmark connects Danish researchers, startups, and established companies with Silicon Valley. It has offices around the world and takes a three-pronged approach to commercial innovation, consultancy, and networks. It offers two programs: SCALEit to help startups grow through capital, feedback, and knowledge, and XPLOREit for larger corporate businesses seeking partnerships, technology, or growth support. The Centre aims to inspire Danish entrepreneurs and introduce them to the Silicon Valley ecosystem through speaker events, networking, and accelerator programs lasting one week or three months.
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Soren J Jorgensen - Innovation Center Denmark - Stanford Engineering - Jan 4 2016
1. INNOVATION CENTER DENMARK
• Bridge DK and Silicon
Valley
• By connecting and providing
services to:
• researchers
• start-ups
• established companies
• Sector focus: ICT, Cleantech, Life
Science/Health IT
A PARTNERSHIP BETWEEN
THE MINISTRY OF SCIENCE, INNOVATION AND HIGHER EDUCATION
AND THE MINISTRY OF FOREIGN AFFAIRS OF DENMARK
European Entrepreneurship & Innovation
Stanford Engineering School – Jan 4 2016
2. INNOVATION CENTRE DENMARK ABROAD
•
•
NEW DELHI -
BANGALORE
• SILICON VALLEY
• SÃO PAULO
•
SHANGHAI
•SEOUL
•MUNICH
TOKYO•
3. INNOVATION CENTRE DENMARK
- A THREE-PRONGED APPROACH
• Commercial
innovation
• Consultancy
• Networks
• Internationalisation of
SMEs
The Ministry of Higher
Education and Science
Invest in Denmark The Trade Council
Customer
Networks
Foreign
Companies
• Foreign companies
• Danish competence
clusters
• Investment promotion
• MoUs with foreign
authorities, universities
• Research, innovation and
higher education
4. 2 FOCUSED OFFERINGS
• SCALEIt – for the startup, wanting to grow, in need
of capital, feedback, know-how and more
• XPLOREIt – for the larger coporate business, looking
for specific busines needs with technology,
partnerships, know-how or broader needs in relation
to growth and innovation.
A PARTNERSHIP BETWEEN
THE MINISTRY OF SCIENCE, INNOVATION AND HIGHER EDUCATION
AND THE MINISTRY OF FOREIGN AFFAIRS OF DENMARK
6. SCALEIT – STARTUP FOCUS
A PARTNERSHIP BETWEEN
THE MINISTRY OF SCIENCE, INNOVATION AND HIGHER EDUCATION
AND THE MINISTRY OF FOREIGN AFFAIRS OF DENMARK
7. Three programs bridging the best entrepreneurs to Silicon Valley
Inspiring
entrepreneurs in
Denmark…
Speaker series from
successful Silicon Valley
entrepreneurs
…Introducing Danish
startups to the eco
system for one
week..
…obtain a foothold by
staying for 3
months
Touring all of Denmark
to promote the SCALEit
programs and educate
Danish startups
Get feedback on the
company and review the
business model in the
world centre of
technology
Network with venture
capitalists, advisors,
successful entrepreneurs
and cutting edge
companies
Making their products
ready for the American
market and rapid
growth
Dedicated mentorship
programs to ensure they
develop their
businesses
Inspire Ignite Accelerate
8. Monday
June 3rd
Tuesday
June 4th
Wednesday
June 5th
Thursday
June 6th
Friday
June 7th
Intro / get started! Networking Use the Ecosystem Hustling in SV Setup in SV!
Breakfast and Welcome
L
A
U
N
C
H
!
S
V
!
launchsiliconvalley.org @
Microsoft
VC pitching @ Sandhill Rd.
Getting to WOW
w. Bill Reichert, Garage
Ventures
Panel: Strategic
PartnershipsTop 10 mistakes, short
building, price your startup, w.
Bill Joos
IT
Pitch Session w. Shomit
Ghoose, Onset venture
Lunch
Eat & greet each other Network lunch w. 5 danish SV
entrepreneurs
Lunch Session: Recruiting in
the Valley
w. Fadi Bishara, Blackbox
Google HQ
Company Visit
Setting up business in SV
w. Tom Pai, Ravix Group
How to grab the attention of
the press w. Hermione Way,
The Next Web
2nd Session - pitch perfect!
w. Bill Joos
SURPRISE EVENT
Do it well - and make it BIG!
@ Secret location, w. secret
guest
Funding & SV equity structure
w. Brad Gersich, DLA Piper
IT: Visit Tradeshift, SF
SV Nordic Pitch Event:
At Rocketspace you will pitch
to +100 people.
Free time
Plan meetings for this time
or enjoy San Francisco
Evening
Pre-event networking
Launch Silicon Valley
Individual feedback sessions
w. 10 extraordinary advisors
Meet the locals @ Stambord in
Palo Alto / San Francisco
SCALEit program, Summer 2013
9. A PARTNERSHIP BETWEEN
THE MINISTRY OF SCIENCE, INNOVATION AND HIGHER EDUCATION
AND THE MINISTRY OF FOREIGN AFFAIRS OF DENMARK
• Spinout from University of
Southern Denmark, School of
Engineering. Founded 2014
• Provides the child with a
healthy interface between
hands-on and the digital world
• 27 smart and magnetic,
building blocks, CUBITS.
Connected and build in
sensors. Collects realtime data
on the cubits. Data displayed
on device.
• Enables play to enhance
motorskills, creativity, problem
solving etc. for children or
people with cognitive
disabilities.
10. Empowering the Next Generation of
Scientists to Change the World
Globally leading laboratory Learning
simulator
Cash-flow positive & received 8m USD in
grants
1250% Revenue growth from 2014-2015
11. A PARTNERSHIP BETWEEN
THE MINISTRY OF SCIENCE, INNOVATION AND HIGHER EDUCATION
AND THE MINISTRY OF FOREIGN AFFAIRS OF DENMARK
• Raised a total of 10m USD from grants only (so they still own
the whole company)
• Biggest challenge: to find the most talented people to join us
(”don't hesitate to encourage the audience to apply for
jobs at Labster! ” ;-) https://www.labster.com/career/
• Current efforts: getting the virtual labs to as many people as
possible
• Best advice: get the best people on board from the
beginning. Filter out bad advisors, and find a few really good
ones. Don't fill up your board with incompetent people.
12. A PARTNERSHIP BETWEEN
THE MINISTRY OF SCIENCE, INNOVATION AND HIGHER EDUCATION
AND THE MINISTRY OF FOREIGN AFFAIRS OF DENMARK