Johan Carlsten Vice-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

Agenda The CSE concept Results in brief

CSE was created to build a bridge between Inventor and Manager 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 provider… University researchers Industry Private inventors

… but there are clear requirements on the projects we take 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 get top students with entrepreneurial 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 the entrepreneurial toolbox Half a year preparations One year with the project

Pre-incubation was introduced 2001 to strengthen the concept further Improve the commercialization process Improve the learning process Take part of the value creation

Pre-incubation – Gothenburg since 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 The CSE concept Results in brief

Strong idea flow necessary to create sustainable companies Autumn 2005Spring 2005Autumn 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 the value follows the financial market* Number of companies Turnover MEUR Value MEUR *Companies started by students during or after their studies

Patented tape woven carbon reinforcements to 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 four 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 BiotechICT 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 platform and two unique sister programs 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