Innovation and Entrepreneurship at ETH...
Transcript of Innovation and Entrepreneurship at ETH...
| | Innovation & Entrepreneurship Lab ETH Tomas Brenner 1 12.04.2017
Michael Stucky
Innovation & Entrepreneurship Lab, ETH
Innovation and Entrepreneurship at ETH Zurich
June 28, 2017
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Tomas Brenner
Missions of the ETH
Swiss ETH Law 1991
g) Exploit research
findings
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Start-ups create new dobs (USA data)
Data: Kauffman Foundation, USA
Job
s cr
eat
ed
Start-ups
Incumbent Companies
Big companies start small !
5
ieLab
Entrepreneurship @ ETH
D MTEC
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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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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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18 month duration, CHF 150k 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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Total granted: 68
Currently @ ieLab: 15
ieLab & Pioneer Fellowship Program
(2010 - 2016)
Total founded: 35
Currently @ ieLab: 6
Spin off rate: 2 of 3
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355 ETH Spin-offs in 20 years
29.08.2016 Tomas Brenner 10
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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Succesful exits of ETH spin-offs
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
Logitech 2016
Astorg Group
Magic Leap
2017
LEONI
2015
Apple
Husqvarna Group
IPO
GoPro Suisse
Pfizer
(Redvax)
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Michael Stucky
Innovation & Entrepreneurship Lab, ETH
T: +41 44 633 83 95 ¦ M: +41 79 411 52 47¦ E: [email protected]
www.transfer.ethz.ch ¦ www.spinoff.ethz.ch ¦ www.ethz.ch/ielab
Thank you!
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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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Technopark Zurich
Facts & Figures
Since 1993
47’000 m2
290 companies
o thereof 80 – 90 start-ups
1‘300 FTEs / 2‘000 employees
Quick Facts ETH @ TPZ
ETH space: 6’000 m2
ETH departments, Professors
10 – 15 ETH spin-offs (2 + 1J)
ETH‘s VPFW is member of the
foundation board
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>>Venture>> Start-up Competition
2016
: Speed Dating ¦ Business Plan Booster ¦ IPI Workshop ¦ Pitching Workshop ¦ Clinic
Workshops ¦ Meet the Support Organizations ¦ Investor Day
www.venture.ch Commission for Technology
and Innovation CTI
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>>Venture>> Events 2016
www.venture.ch Commission for Technology
and Innovation CTI
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Venture Incubator
VI was established 2001 by McKinsey & Company and the ETHZ
VI is an evergreen fund with a paid in capital of CHF 101 Mio.
Shareholders
VI Partners is a Swiss venture capital firm providing
university spin-offs as well as other promising start-up
companies with capital, coaching and networks.
Strategic partners
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# new jobs
$ revenue & taxes
KPIs of Entrepreneurial Success
# Co.’s attracted to CH
$ acquisition
# investments
$ raised
# awards
$ prize money
S O L D to GSK for
over $212 Mio.
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2015 data from www.startup.ch
TOP 100 - The Best Swiss Startups 2015
13 ETH Spin-Off Companies are placed in the
TOP 100 (Swiss Start-ups)
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Selected Incubators
ieLab ETH Impact Hub Swiss Startup Factory
Blue Lion
Innovation Park
Dübendorf
Zürich Startup Ecosystem
Entrepreneur Club
ETH
Technopark ZH
Bio Technopark
Schlieren
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Entrepreneurship in a Nutshell
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ETH Zurich – once upon a time …
Founded as „Polytechnikum“ 1855
Built by Gottfried Semper 1858 - 1864
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1901 Physics Wilhelm Conrad Röntgen
1912 Chemistry Alfred Werner
1915 Chemistry Richard Willstätter
1918 Chemistry Fritz Haber
1920 Physics Charles-Edouard Guillaume
1921 Physics Albert Einstein
1936 Chemistry Peter Debye
1938 Chemistry Richard Kuhn
1939 Chemistry Leopold Ruzicka
1943 Physics Otto Stern
1945 Physics Wolfgang Pauli
1950 Medicine Tadeusz Reichstein
1952 Physics Felix Bloch
1953 Chemistry Hermann Staudinger
1975 Chemistry Vladimir Prelog
1978 Medicine Werner Arber
1986 Physics Heinrich Rohrer
1987 Physics Georg Bednorz /
Alexander Müller
1991 Chemistry Richard Ernst
2002 Chemistry Kurt Wüthrich
21 Nobel Laureates
Kurt
Wüthrich
Vladimir
Prelog
Wolfgang
Pauli
Leopold
Ruzicka
Albert
Einstein
Richard
Ernst
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The Pioneer Fellowship Lifecycle
Stage Gate Process
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ieLab Team
Prof. Dr. P. Seitz
ieLab Sherpa
--------------------------
Professor
Serial Entrepreneur
Industry Expert
Dr. A. Stuck
ieLab Sherpa
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Serial Entrepreneur
R&D Expert
+ 60 entrepreneurs, industry experts and service providers
Dr. T. Brenner
Head ieLab
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International
Venture Capital
Start-ups
Industry Expert
A. Mzumara
BioSafety Lab
--------------------------
Biotech
Lab Manager
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How to Achieve the Biggest Impact for Society?
Large companies
Start-ups
Change picture: Select picture – right click – change picture
Dr. Tomas Brenner
Innovation & Entrepreneurship Lab, ETH
ETH Zürich Campus
ieLab ETH @ Hönggerberg
ieLab ETH @ Zentrum
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Living a Culture of Innovation &
Entrepreneurship at ETH Zurich
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Ask successful entrepreneurs
‘’What would have made a major difference in
the early phase of your young start-up?’’
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Incumbant Companies - ETH Technology Inside!
ETH transfer (2016)
307 Research Contracts + 16 EU grants
215 Invention Disclosures (32 SW)
109 Patent applications
78 Licenses (38 SW)
851 PhD & 2,015 Masters “dispatched” to industry
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ieLab’s 2 Locations
ETH Center
ICT & Engineering
ETH Hönggerberg
Life Sciences
BioSafety Lab
ieLab Seminar
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Entrepreneurship is an integral part of the ETH
culture
Focus Projects
Student Projects
Pioneer
Fellows
Spin-Offs
Entrepreneurs
Company
Executives
University
Departments ieLab Wyss Zentrum
Technopark
Corporate
World
Industry
Scewo