Johan CarlstenVice-President

Chalmers University of Technology

Chalmers School of Entrepreneurship -Accelerating research commercialization

“Chalmers School of Entrepreneurship – CSE is an institution that provides education for future entrepreneurs within a pre-incubator environment, where new technical ideas are developed into strong start-ups”

CSE in a sentence CSE in a sentence

Agenda Agenda

The CSE concept

Results in brief

CSE was created to build a CSE was created to build a bridge between Inventor and bridge between Inventor and ManagerManager

Inventor

Manager

?

Time

Value

1. Arrange partnership between inventors and entrepreneurs to increase commercialization

2. Pedagogy: ”We actually do it!”

Everyone is a potential idea Everyone is a potential idea provider…provider…

• University researchers

• Industry

• Private inventors

… … but there are clear but there are clear requirements on the projects we requirements on the projects we take ontake on

• Technology based

• Early stage

• International market potential

• In need of a driving force

•Student profile: •Academic merits •Internal drive•Critical thinking and creativity

•Ability to function in teams and establish relationships

•Right attitude and willingness

Ambitious recruiting process to Ambitious recruiting process to get top students with get top students with entrepreneurial driveentrepreneurial drive

Written applications~100 a year

Interviews and tests~40 a year

Students~20 a year

•Bachelor degree (engineering, economics or law)

•Curriculum Vitae•Complete application form (10 questions focused on entrepreneurship and personality)

•Interviews with CSE management

•Personality tests•Interviews with psychologists+

Tailor-made education to build Tailor-made education to build the entrepreneurial ”toolbox”the entrepreneurial ”toolbox”

Half a year preparations

One year with the project

Pre-incubation was introduced Pre-incubation was introduced 2001 to strengthen the concept 2001 to strengthen the concept furtherfurther

• Improve the commercialization process

• Improve the learning process

• Take part of the value creation

Pre-incubation Pre-incubation – – Gothenburg Gothenburg sincesince 2001, Lidköping 2005 2001, Lidköping 2005

Responsibility:

• Management

• Co-operation

agreement

• Project structure

• Capital

Providing:

• Business evaluation

• Facilities

• Infrastructure

• Professional coaches

• Board representatives

• Network of experts

• Seed financing

Agenda Agenda

The CSE concept

Results in brief

Strong idea flow necessary to Strong idea flow necessary to create sustainable companiescreate sustainable companies

Autumn 2005Spring 2005Autumn 2004

7 Project teams(13 ideas)

5 new companies(biotech and ICT)

Project selection and group formation

Company foundation

~ 100 ideas

EXAMPLE CSE05

Turnover is growing steady but Turnover is growing steady but the value follows the financial the value follows the financial market*market*

0

5

10

15

20

25

30

35

40

1997 1998 1999 2000 2001 2002 2003 2004

Number of companies

Turnover MEURValue MEUR

*Companies started by students during or after their studies

Patented tape woven carbon reinforcementsto international producers of composites

Wireless sensor system that supervises the pressure profile in a paper machine press nip

Analytical biosensor systems for life science applications

CSE companies are mainly in CSE companies are mainly in four different areasfour different areas

Disposable test which enhances the diagnosis and treatment of parodontit Unique patented technology and process for handling of biological samples

Patented sandwich material in stainless-steel with very low weight

Telematics solutions for truck and road carrier companies

Biotech ICT

Material Science

Research instruments based on the patented QCM-D technology

Nanotech

EXAMPLES

• High-tech ventures in all industries except from biotech.• Projects from the university as well as from the industry• Students with an entrepreneurial drive

Since 1997

CSE of today has a strong CSE of today has a strong platform and two unique sister platform and two unique sister programsprograms

• Based on the CSE concept but biotech projects only• Students with biotech background• Closer collaboration with Göteborg University and Sahlgrenska

Since 2005

• Strategic management and strategic business development• Hands-on labs in a simulated business world• Strong international partners e.g., Parc, Ericsson, Novartis and ABB

Since 2001

www.entrepreneur.chalmers.se