ETH Innovation & Entrepreneurship Lab · 2017-12-04 · ... research 500+ ETH ... services,...
Transcript of ETH Innovation & Entrepreneurship Lab · 2017-12-04 · ... research 500+ ETH ... services,...
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||Innovation & Entrepreneurship Lab ETH Tomas Brenner 118. Oct. 2017
Friday, 24 November, 2017
ETH Innovation & Entrepreneurship Lab
Dr. Tomas Brenner
Innovation & Entrepreneurship Lab, ETH
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Tomas Brenner
Missions of the ETH
Swiss ETH Law 1991
a) education
b) research
500+ ETH
Professors
16 Departments
f) Exploit research
findings
ETH transfer
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How to Achieve the Biggest Impact for Society?
Large companies
Start-ups
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Start-ups Create New Jobs (USA Data)
Data: Kauffman Foundation, USA
Job
s cr
eat
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Start-ups
IncumbentCompanies
Big companies start small !
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Entrepreneurship - an Integral Part of the ETH Culture
Focus Projects
Student Projects
Pioneer
Fellows
Spin-Offs
Entrepreneurs
Company
Executives
University
Departments ieLabWyss Zürich
Technopark
Corporate
World
Industry
3rd
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ETH Entrepreneurship Ecosystem (v8)
Focus Projects
Pioneer FellowshipEntrepreneurial
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Seed Capital Initial funding to bridge the “valley of death” from scientific findings to a early stage start-up
Peer Home A second home (’’a biotope’’) for like-minded young ETH scientists with entrepreneurial aspirations: Peer support and peer pressure
Coaching Supervision and support by experienced, successful entrepreneurs with a similar background: Compelling role models
Networks Access to the complete ETH network, including its Professors, services, industry relations, ETH spin-offs. Access to the start-up scene in CH and international investors, founders, organizations
What ETH Entrepreneurs Would Have Wanted …
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Founders «Valley of Death»
Alpha Series
Growth / Revenue
Entrepreneur Club
Focus Projects
16 ETH Departments
ETH spin-offs
Student Projects
Student Project House
StartupFoundation
Research Grants
(NSF, EU Grants)
Development Grants (CTI …)
Business Angels, Seed VCs
Early Stage VCs, Corp. Partners
Late Stage VCs
Private Equity
M&A / IPO ..
Pre-Seed Grants Friends, Family & Fools
Product
Development
Pioneer Fellowships
Wyss Center
Innovation & Entrepreneurship Lab
ESA BIC Switzerland
Basic Research Applied Research Proof of Concept Business Case
Prototype
Technopark Zurich
Valley of Death
© Tomas Brenner
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18 month duration, 150 KCHF seed funding
financed by donations (via ETH foundation)
Pioneer Fellowship Program - Moving Ideas to the Market
Benefits for program partners
Interaction with tomorrow’s entrepreneurs
Early insight into disruptive technologies
Participation in public & private events
Visibility of partnership with ETH Zurich
Promote ETH talents who want to pursue an
entrepreneurial career
Move research results to the market
Access to all services of the Innovation &
Entrepreneurship Lab (ieLab)
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granted 81
@ ieLab 18
Pioneer Fellowship Program
(2010 – 2017)
founded 40
@ ieLab 6
spin off rate 66%
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Peer Home An entrepreneurship peer home (’’melting pot’’) for peer support and peer
pressure
48 working desks ¦ 42 lab benches (2 locations)
Coaching Individual coaching by experienced serial entrepreneurs, successful ETH
founders and industry experts
Training Complementary entrepreneurship training incl. Seminars, Workshops, Round
Tables, Immersion Experience
Events Spin-off / Thanksgiving dinner, Meet the Coaches, 3 Pi Competition
Networks Access to all ETH entities, 355 ETH spin-offs , Biz Angels, VCs and CH Start-
up ecosystem
Social Media ETH founders community Beekeeper
Innovation & Entrepreneurship Lab (ieLab)
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The Pioneer Fellowship Lifecycle
Stage Gate Process
? PD Pitch Day KO Kick-Off MeetingGR Gate ReviewFR Final ReviewCC Certificate Ceremony
2 Dual Pioneer Fellows
CD Go / NoGo
Spin-off
GR12 / FR2GR6
?
KO FR
C CD
?
C C
? ?
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CD
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1 2 4 6 9 10 11 125 873 13 14 15 16 17 18- 2 . . .
CD
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PD
Stop
CC
D
C
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D
Entrepreneurial graduates
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ieLab Team
Prof. Dr. P. Seitz
ieLab Sherpa
Serial Entrepreneur
Industry Expert
+ 60 entrepreneurs, industry experts
and service providers
Dr. T. Brenner
ieLab Head
Venture Capital
Start-ups
Industry Expert
Dr. D. Grabulovski
ieLab Mentor
former CSO
Covagen
A. Mzumara
BioSafety Lab Manager
Cambridge University
M. Stucky
ieLab Mentor
former CFO
GlycoVaxyn
S. Zimmermann
MarCom Manager
CreditGate24,
UBS AG, UBP SA
S. Scheer
ieLab Mentor
High-tech entrepreneur,
NoTube
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Pioneer Projects …Collaborations with HSLU: Design Thinking (UX) w / Dr. C Acklin, HSLU
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ETH Spin-offs: Conditions and Benefits
Requirements for ETH Spinoffs
ETH technology, know-how or
software
Know-how or unlicensed technology to
be verified with ETH group / professor
At least one founder is ETH student,
employee, or alumnus
…and
Business idea and plan are sound
and sustainable
Team demonstrates entrepreneurial
skills
…and
Impact on Swiss economy
Company founded less than 2 years ago
Benefits for ETH Spinoffs
Rent offices and lab spaces and use
infrastructure at preferred
conditions at ETH and Technopark
(for 2+1 years)
Get (limited) consulting and
coaching
Link to Venture Incubator and other
VC’s
Use of “ETH spin-off” label
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355 ETH Spin-offs in 20 years
29.
08.
201
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5 years survival rate is 92% (rolling average)
1/3 Lifescience, 1/3 ICT and 1/3 Engineering
In 2016:
25 ETH spin-offs
1/3 of the ETH spin-off founded by Pioneer Fellows
2/3 of Pioneer Fellows found an ETH spin-off
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Acquisitions and IPOs of ETH Spin-offs
> 2 bCHF
IPO
Straumann
kuros therapeutics
2002
Glutz AG
2006
Synopsis
2004
Roche
2005
2007
IPO
SPECS
2009
Vizrt
ESRI
Nuance
2011
Sunstar
Microsoft
Wüest & Partner
2013
J&J
JDSU
Camlin Group
Qualcom
2014
RGB Systems
GSK
LogitechFacebook
2016
Astorg Group
Magic Leap
2017
LEONI
2015
Apple
Husqvarna Group
IPO
GoPro Suisse
Pfizer
(Redvax)
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Entrepreneurship in a Nutshell
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Dr. Tomas Brenner
ETH Innovation & Entrepreneurship Lab
T: +41 44 633 83 95 ¦ M: +41 76 342 46 56 ¦ E: [email protected]
www.transfer.ethz.ch ¦ www.spinoff.ethz.ch ¦ www.ethz.ch/ielab
Thank you for your attention