Innovation & Entrepreneurship Lab at ETH Zürich · 2018-05-15 · 307 Research Contracts + 16 EU...

||Innovation & Entrepreneurship Lab ETH Tomas Brenner 1May 15, 2018

15 May 2018

Innovation & Entrepreneurship Lab at ETH Zürich

Dr. Tomas Brenner Innovation & Entrepreneurship Lab, ETH


How to Achieve the Biggest Impact for Society?

Large companies

Start-ups


Incumbant Companies - ETH Technology Inside!

ETH transfer 2017 307 Research Contracts + 16 EU grants (2016!)

191 Invention Disclosures (20 SW)

84 Patent applications

82 Licenses (40 SW)

851 PhD & 2,015 Masters “dispatched” to industry (2016!)

http://www.ivt.baug.ethz.ch/oev/OpenTrack/Images/EnginePicture.gif


Start-ups Create New Jobs (USA Data)

Data: Kauffman Foundation, USA

Jobs

cre

ated

Start-ups

IncumbentCompanies

Big companies start small !


Living a Culture of Innovation & Entrepreneurship at ETH Zurich


Entrepreneurship - an Integral Part of the ETH Culture

Focus ProjectsStudent Projects

PioneerFellows

Spin-OffsEntrepreneurs

CompanyExecutives

University

Departments ieLab Wyss ZürichTechnopark

CorporateWorld

Industry

3rd

Mis

sion

1st

+ 2n

d

Mis

sion


Entrepreneurship Ecosystem of ETH Zürich

Focus Projects

Pioneer FellowshipEntrepreneurial

D MTEC

http://www.venturekick.ch/index.cfm?CFID=45251399&CFTOKEN=15356684&page=119282


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 VCsPrivate EquityM&A / IPO ..

Pre-Seed Grants Friends, Family & Fools

ProductDevelopment

Pioneer Fellowships

Wyss Zurich

Innovation & Entrepreneurship Lab

ESA BIC Switzerland

Basic Research Applied Research Proof of Concept Business Case

Prototype

Technopark Zurich

Valley of Death


Ask successful entrepreneurs

‘’What would have made a major difference in the early phase of your young start-up?’’


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 all ETH entities, 380 ETH spin-offs, Biz Angels, VCs and CH Start-up ecosystem, coaches, experts, service providers

… their answers


18 month duration, 150 KCHF seed fundingfinanced by donations (via ETH foundation)

Pioneer Fellowship Program (est. 2010)

Benefits for Program Partners Interaction with next generation entrepreneurs Early insight into disruptive innovative ETH technologies Participation in public & private events Visibility of partnership with ETH Zurich

Promote ETH talents who want to pursue an entrepreneurial careerMove ETH research results to the market

Access to all services of theInnovation & Entrepreneurship Lab (ieLab)


granted 78

currently 20

ieLab & Pioneer Fellowship Program (2010 – 2017)

founded 45

at ieLab 6

conversion rate 2 of 3


2010 – 2017: 45 ETH spin-offs founded by Pioneer Fellows !


Peer Home An entrepreneurship peer home (’’melting pot’’) for peer support and peer pressure48 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, 380 ETH spin-offs , Biz Angels, VCs and CH Start-up ecosystem

Social Media ETH founders community Beekeeper

ETH Innovation & Entrepreneurship Lab (est. 2012)Deep Science Accelerator


The Pioneer Fellowship LifecycleStage Gate Process

PD Pitch Day KO Kick-Off MeetingGR Gate ReviewFR Final ReviewCC Certificate Ceremony

2 Dual Pioneer Fellows

Go / NoGo

Spin-off

GR12 / FR2GR6

KO FR

. . . . .

1 2 4 6 9 10 11 125 873 13 14 15 16 17 18- 2 . . .

PD

Stop

CC

Entrepreneurial graduates


Pioneer Projects …Collaborations with HSLU: Design Thinking (UX) w / Dr. C Acklin, HSLU


ETH Spin-offs: Conditions and BenefitsRequirements 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


380 ETH Spin-offs in 21 years

Tomas Brenner 18

5 years survival rate is 92%(rolling average)

1/3 Lifescience, 1/3 ICT and 1/3 Engineering

In 2017: 25 ETH spin-offs 1 of 3 ETH spin-off

founded by Pioneer Fellows 2 of 3 Pioneer Fellows founded

an ETH spin-off

Detailed statistics are published in the yearly press release (January 5, 2018)https://www.ethz.ch/en/news-and-events/eth-news/news/2018/01/the-strength-of-digitalisation-and-a-strong-community.html

https://www.ethz.ch/en/news-and-events/eth-news/news/2018/01/the-strength-of-digitalisation-and-a-strong-community.html


Acquisitions and IPOs of ETH Spin-offs 2002 - 2017> CHF 2 Billion

IPO

Straumannkuros 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)


2017 data from www.startup.ch

27 ETH Spin-Offs are in the TOP 100 Swiss Start-ups 2017

AllthingsTechnologies

INS_Logo

Nexiot

Perspective Robotics

Swiss Wood

Solutions

Uepaa

Xorlab


Entrepreneurship in a Nutshell

Intel Corp Founders:Gordon Moore and Robert Noyce

Intel Business Plan


Dr. Tomas BrennerETH Innovation & Entrepreneurship Lab

T: +41 44 633 83 95 ¦ M: +41 76 342 46 56 ¦ E: [email protected] ¦ www.spinoff.ethz.ch ¦ www.ethz.ch/ielab

Thank you for your attention

https://www.linkedin.com/company/27104378/

https://www.facebook.com/ETHieLab/

Innovation & Entrepreneurship Lab at ETH Zürich · 2018-05-15 · 307 Research Contracts + 16 EU...

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