innovation in an uncertain world

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Innovation in an Uncertain World“Empowering Innovators, Fuelling the Future”

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Welcome TVC2012 Delegates,

On behalf of the Executive Committee and Cambridge University Technology & Enterprise Club (CUTEC), we would like to welcome you to the 9th annual Technology Ventures Conference (TVC).

Since the Club’s inception in 2003, CUTEC has hosted the TVC in an effort to connect entrepreneurs with the extensive network that exists in Cambridge. The TVC showcases tech talent from young start-ups to established companies – spanning the spectrum of technology development. The conference brings together students, academics, investors and technology professionals to create new partnerships and inspire future innovation.

This year’s conference, themed ‘Innovation in an Uncertain World’, aims to address the hesitancy in the global marketplace. Speakers and panellists will paint a picture of the investment and innovation trends evolving as nations strive to build a sustainable future. Technology plays a key role in human advancement, be it through healthcare, communications or the way we interact with social media platforms. Technology is undoubtedly linked to research and development, and in the current climate of shrinking funds, the conference will serve as a platform for debate on how we will continue to innovate and bring new technologies to the fore.

We would like to thank our speakers, workshop facilitators, exhibitors, investor panellists and you for participating in the conference and shaping its impact. We are extremely grateful to our sponsors and advisors, who have kindly supported us in all our endeavours throughout the year.

22nd June 2012

Liz Williams President

Vivian Chan Chairman

Alexey Bannykh Director of Innova5on

Claire Thiveyrat Director of Opera3ons

Neil Rzechorzek Director of Development

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Contents

TVC Schedule................................................................... 10Venue.................................................................................. 13Workshops........................................................................ 19Technology Start-up Showcase................................ 23Investors Panel............................................................... 24Diamond Exhibition...................................................... 26Speakers............................................................................. 31About CUTEC.................................................................... 43Executive Committee..................................................... 50Teams.................................................................................. 53Press Release................................................................... 62Sponsors............................................................................ 70

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Our future economies depend on cutting edge innovation to add value to society and to solve the biggest challenges facing our planet. The continued support of research and development is essential, particularly at a time when resources – both financial and otherwise – are increasingly under pressure. Yet, as Hewlett-Packard’s recent acquisition of Autonomy demonstrates, big business is still keen to invest in the opportunities being developed in high-tech clusters. Economic growth depends on those who can mobilize concept to realization, and create solutions with new technologies.

For its Technology Ventures Conference 2012, CUTEC will aim to address how the current financial climate is affecting the way new technologies are being developed and brought to market. Following on from TVC2011’s highly successful ‘Open Innovation’ theme, the conference will investigate other innovation models that succeed during lean years. TVC2012 will debate the importance of innovation in an uncertain world by looking at investment strategies and the infrastructure for innovation, focusing on key sectors both within the UK and the global economy.

Topics to be discussed include: • What are the specific challenges of driving innovation in the current climate? • How are successive periods of financial instability affecting high-tech clusters such as Cambridge? • How do we encourage / support innovation with limited resources? • The role of disruptive innovation in generating growth • Innovation on a budget – leveraging efficiency to maximise potential • Is the UK investing enough on innovation? What do we hope to gain from the new Enterprise Hubs?

Delegates will be inspired by lively debates and keynote speeches, highlighting the level of opportunity open to entrepreneurs within high-tech clusters. The conference will act as a forum for delegates to engage and connect, ultimately enabling new relationships through networking that may prove key in future ventures.

Innovation in an Uncertain World

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TVC Schedule

Session A - Main Auditorium | Session B - Umney Auditorium

Time Session A Session B

08:00-09:00 Breakfast and Registration

09:00-09:10 President’s Welcome and Opening by Aled Jones

09:10-10:00 Morning Keynote – Julie Meyer

10:00-10:30

Speaker – Jack Lang Speaker – Ian Taylor

10:30-11:00 Coffee Break

11:00-12:00 Cloud Computing Simon Bain

Richard Horning Doug Clark

Natasa Milic-Frayling Greg Williams (m)

Healthcare Innovation Nick Sireau

Alison Fielding Allan Marchington Mike Johnson (m)

12:00-13:15 Lunch and Company Exhibitions: Technology Showcase and Diamond Exhbition

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Breaks and Exhibitions - Dining Hall | Workshops - Breakout Rooms

Time Session A Session B

13:15-14:15 Afternoon Keynote – David S. Rose

14:15-15:30 CUE & iTeams Pitches (Music Room)

Workshops 1, 2, 3 (see pages 19-22)

15:30-16:00 Coffee Break

16:00-16:30 Technology Showcase Finalists’ Pitches

16:30-17:00 Speaker – Elizabeth Varley Speaker – Danielle Fong

17:00-18:00 Global Investment Brigitte Baumann

Mark Cheng Gervais Williams Alan Barrell (m)

CleanTech Colin Campbell Dominic Emery

Sebastian Schoefer Martin Garratt

Martin Chilcott (m)

18:00-18:20 Technology Showcase Winner and Conference Close

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Venue

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Robinson CollegeGrange RdCambridgeCB3 9AN

Conference O�ceTel. +44 (0)1223 332 859Fax. +44 (0)1223 315 [email protected]

Porters’ LodgeTel. +44 (0)1223 339 100Fax. +44 (0)1223 351 [email protected]

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Grange Road

4. Half a mile on the left is the College (distinctive red brick building, opposite the library tower)Robinson College

Grange RdCambridgeCB3 9AN



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Robinson College is the most recent addition to the 31 colleges which make up the University of Cambridge. It owes its foundation to the generosity of Sir David Robinson who founded Robinson Rentals, one of the first television rental companies. He also owned a successful racing stable in Newmarket. His endowment is the largest single gift ever accepted by the University. The College has been a venue for residential and non-residential conferences and meetings since 1981 and over the years has steadily grown in experience and reputation. It is now considered by conference organisers and delegates to be one of the leading university conference venues in the UK.




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College History

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College Map

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Dining Hall Map

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Workshops

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modernization as an essential aspect of the business lifecycle.

However, recently, and rather unexpectedly, the pressure and disruption are emerging in a different guise - not from the engineering, or sales, or research arms of a company but from the workforce that is distinctly shaped by the digital revolution and the new social and communication practices supported by digital technologies. We are talking about generation Y, born in the ‘80s and early ‘90s. Members of this generation possess an instinctive mastery of computing technologies that can be generally lacking in those born in earlier decades. As members of generation Y enter the workforce, they appear at odds with existing organizational structures, policies, and practices. While familiar with the latest computing devices, applications, and services, they find the traditional work environments technologically outdated and their processes inefficient. This is particularly the case with large corporations and other mature businesses.

As businesses strive to employ the new talent and innovate, the question is how to leverage the unique skills of generation Y. How can businesses deal with the disruption to their IT support, communication practices, and business policies? How quickly can they adjust and ensure that there is a common language between generations Y, X, and those before?. At the same time, generation Y faces a challenge of finding the right fit and demonstrating how its way of working provides value to businesses. How should individuals articulate their priorities and identify the best opportunities for employment? What level of compromise would they consider and what role would they want to play in reshaping the workplace?

Microsoft - Generation Gaps in the Digital AgeNowadays, it is common that businesses gain competitive advantage through adoption of technologies to improve their core business processes and practices. In fact, the pressure from technical advances is often painful and disruptive. Nevertheless, it is well understood and the companies plan for

This workshop is aimed at facilitating the discussion about the generation gap that is brought about by the differences in technology adoption. We shall invite participants to think about specific issues and brainstorm about the steps we can take to ensure that different generations work alongside effectively and strengthen businesses. The workshop will be run by Dr Natasa Milic-Frayling, Principal Researcher at Microsoft Research. Natasa is also sitting on the TVC’s Cloud Computing panel.

Microsoft is a registered trademark of Microsoft Corporation

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County Council - From an idea to a business plan‘I have an idea, but is it a business?’, this is a question frequently being asked by potential or current entrepreneurs. To answer this question, one needs to consider the problem being addressed, the effectiveness of the solution, size of the market, the resources required, any existing substitutions, revenue model, and cost structure. This workshop provides a golden opportunity for participants to learn about the art of business plan creation. We will work together on some current challenges that Cambridgeshire County Council is facing, in the area of transport information, and using them as examples to practise how to develop an idea into a solid business plan.

Tim is the Co-founder of Cambridge Transport Solutions Ltd, working on addressing issues relating with public transport using today’s information technology and software systems.

Graham Hughes is Service Director, Strategy & Development at Cambridgeshire County Council. He has responsibility for the development of Transport Policy across the County.

Tariq Sadiq was elected as a Cambridgeshire County Councillor in 2009, representing a Cambridge city division, and stood for parliament in 2010. He has over 20 years experience in university administration and fundraising.

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HM Revenue and Customs R&D Unit - CambridgeResearch and Development Relief is a Corporation Tax relief that may reduce a company’s tax bill. Alternatively, some small or medium-sized companies may be able to receive their tax credit as a cash sum paid by HMRC. A business may only claim R&D relief if it is liable for Corporation Tax. HMRC R&D units provide free help and advice, to assist businesses understand if they are eligible to apply for R&D Relief, and what conditions an R&D project must meet to qualify. David Cullum and Suzanne Nield from the Cambridge HMRC R&D Unit will use this workshop to explain the scheme in detail, including what costs can be claimed for, and how claims should be submitted.

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Technology Showcase is an essential part of the Technology Ventures Conference. It runs in parallel with keynote speeches, the lunch break (peak visibility) and workshops throughout the conference day. Technology Showcase provides an opportunity for young and fresh companies to demonstrate their new and exciting technologies to conference attendees from various backgrounds: business and technology professionals, entrepreneurs and scientists.

All showcased companies are invited to compete for a prize of “The most promising start-up 2012”. The best young companies are selected by conference attendees and professional investors to enter the Dragons’ Den competition at the final part of the conference.

We are looking for start-ups who are at the forefront of emerging technology applications, be it by the invention of novel technology, or by opening up a niche market with careful application of an existing or recently realised technology.

Technology Start-up Showcase

The prizes awarded will include£10k worth of consultancy from KPMG

£3k worth of legal advice from SNR DentonMentorship with Springboard founder, Jon Bradford

A six month free membership at Ideaspace, Cambridge

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ofPPCadcampaigns •createavaluablelong-termasset

www.MemorableDomains.co.uk

new_ad.indd 1 5/16/11 4:34 PM

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Investors PanelGervais Williams is an award-winning equity fund manager and the author of Slow Finance. He has worked in the City for 25 years, 17 of which were spent at Gartmore, where he managed clients’ investments in small to medium sized companies. He is now Managing Director of MAM Funds plc. Gervais won Grant Thornton’s Quoted Company Award Investor of the Year in 2009 and 2010. He is a member of the AIM Advisory Council, and on the Board of the Quoted Companies Alliance. In 2012, core ideas behind Slow Finance were submitted to the Institute for Public Policy Research for its latest investigation on how to stimulate growth in the UK. Gervais is now working on Tomorrow’s Finance, a partnership initiative with Tomorrow’s Company, exploring key concepts and best ideas that will help shape the future of the financial sector.

Since joining TTP Ventures, Clennell has invested in electronics and telecommunications related businesses. He is currently an observer on the board of ZBD. Clennell was also board observer with Alphamosaic, which was sold to Broadcom in September 2004 for $123m. More recently, Clennell has helped to establish The Carbon Trust Entrepreneurs Fast Track, delivered by TTP, which supports start-up and early-stage businesses in the low carbon sector. He has first class BA and MEng degrees in Chemical Engineering from the University of Cambridge and has completed the year long Postgraduate Course in Design, Manufacture and Management (also at Cambridge).

Gervais WilliamsManaging Director of MAM

Funds plc

Clennell CollingwoodTTP Ventures

Since joining TTP Ventures, Clennell has invested in electronics and telecommunications related businesses. He is currently an observer on the board of ZBD. Clennell was also board observer with Alphamosaic, which was sold to Broadcom in September 2004 for $123m. More recently, Clennell has helped to establish The Carbon Trust Entrepreneurs Fast Track, delivered by TTP, which supports start-up and early-stage businesses in the low carbon sector. He has first class BA and MEng degrees in Chemical Engineering from the University of Cambridge and has completed the year long Postgraduate Course in Design, Manufacture and Management (also at Cambridge).

Charles le Strange MeakinKPMG

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Horne has a degree in Computing and Business Administration, is a fellow of the Institute of Marketing and completed the Advanced Management Program at Insead, France. Horne exited his Cambridge UK based global software enterprise (Quillion) in 2000 ( A Spin off from the enterprise sold to Oracle for c.US$75m as recently as 2011). 18 months later, in 2003 , Horne exited a “real time energy and resource management software” enterprise (Vidus), which he was both invested in and CEO, after successfully acquiring the technology and core team from BT, through a Trade Sale to Nasdaq-listed @Road for US$65m. Between 2005 and 2007 Horne invested in and advised 2 Dutch ( 2waytraffic and Direct Wonen) and 1 USA (BSG Inc) technology companies and managed their funding and subsequent listing onto the London Stock Exchange. The combined valuation at listing for the three small cap companies was >USD$680m. In 2007 Horne partnered with fellow investors and small/medium company high growth specialists in Holland and Monaco to target the global Cleantech market. Under the RenewMe banner Horne has started and invested in companies in Holland, Singapore, Cyprus, Switzerland and India.

Chairman Cambridge Cleantech, co-founder and now sole Director of Cambridge Energy Forum, non-exec NW Brown and of several other companies, angel/VC and corporate finance, early stage business support, mentoring etc. Since qualifying as a chartered accountant Hugh has had a diverse career centred around finance, management and business development including 16 years in diverse roles with British Petroleum, 6 years doing international corporate finance and, since 2000, in the Cambridge technology/innovation community. Hugh now divides his time between i) consulting to early stage businesses and investment funds and ii) engaging with cleantech activities and companies directly to help with their growth and development. From 2001 he has been involved in supporting environmental and energy technology companies i) as Chairman of business support organisation Cambridge Cleantech (formerly Envirotech Ltd) which inter alia made 3 promotional DVDs about energy and environmental businesses around the region for EEDA, ii) co-founding and now running the Cambridge Energy Forum and iii) co-founding the Cambridge Responsibility Forum www.cambridgeresponsibilityforum.co.uk

Mark Horne RenewMe Director

Energy4India BV DirectorCTEnergy BV

Solar India Pte Limited Director

Magadh Biofuels Limited Director

Hugh ParnellChairman Cambridge Cleantech

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Diamond Exhibition

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Headquartered in Cambridge and employing 2,000 people worldwide, ARM Ltd is the world’s leading semiconductor intellectual property supplier. It designs the technology that is at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM’s comprehensive product offering includes 32-bit RISC microprocessors, graphics processors, video engines, enabling software, cell libraries, embedded memories, high-speed connectivity products, peripherals and development tools.

www.arm.com

Diamond Exhibition

MedImmune is the worldwide biologics business for the AstraZeneca Group. The company has about 3,500 employees and is headquartered in Gaithersburg, Maryland with facilities in Pennsylvania, California, Kentucky, the UK, and the Netherlands. Our Cambridge presence is the result of integration with Cambridge Antibody Technology in 2007. MedImmune has one of the most robust pipelines in the industry with more than 120 biologics in the areas of infection, oncology, respiratory disease, inflammation, cardiovascular/gastrointestinal disease and neuroscience. Operating out of GrantaPark, MedImmune has a major R&D site in the heart of the UK’s bioscience community in Cambridge. MedImmune has established itself as an innovator within the biotech sector as a result of several firsts: the first monoclonal antibody for an infectious disease; the discovery of the UK biotech’s first ever blockbuster drug; an important anti-TNF antibody that is now marketed by Abbott and the development and commercialization of a novel live, attenuated, needle-free influenza vaccine. MedImmune’s commitment to innovation has been demonstrated by our highly successful recent Open Innovation Event held with CUTEC in March 2011.

www.medimmune.com

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Cambridge Enterprise Ltd is a wholly owned subsidiary of the University of Cambridge, responsible for the commercialisation of University intellectual property. Cambridge Enterprise provides access to angel and early stage capital through the Cambridge Enterprise Seed Funds and Cambridge Enterprise Venture Partners, and offers business planning, mentoring, and other related programmes. Over the past four years, income from licensing, consultancy and equity transactions exceeded £37 million, of which £30 million represents distributions to University departments and academics.

www.enterprise.cam.ac.uk

Cambridge Network was founded in 1998 and has tremendous experience and knowledge of innovation and business within Cambridge. We work with companies that have created technologies and products that have changed markets worldwide. Many industry-leading businesses were started in Cambridge and still have their worldwide HQs here. With this strong history for excellence many companies (such as Pfizer, PA Consulting, Unilever et al) have offices in and around Cambridge, making the city a vibrant and dynamic place for academic and business excellence. Recruitment Gateway is the only single source for all graduate employment and internship opportunities across the city and Silicon Fen.

www.cambridgenetwork.com

Diamond Exhibition

Domino Printing Sciences provides innovative solutions that deliver real value for customers in diverse end markets. Domino has grown strongly over the last 30 years to become a leading global supplier of coding solutions utilising a full range of products and technologies. The Domino Group is listed in the FTSE 250 share index on the London Stock Exchange (share code DNO) and was named Company of the Year in the 2010 UK PLC Awards. The Group employs 2,200 people worldwide and sells to more than 120 countries through a global network of 25 subsidiary offices and more than 200 distributors. Domino’s manufacturing facilities are situated in China, Germany, India, Sweden, UK and USA

www.domino-printing.com

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ITRM is a privately owned IT services company who provide technical solutions for all your business needs. Formed in 1999, we take a dynamic approach to delivering the best possible service to our customers. Our objective from the outset has been to build strong relationships with clients based upon honesty and diligence. Our solutions will both support and transform your business. www.itrm.co.uk

Diamond Exhibition

At Microsoft, we’re motivated and inspired every day by how our customers use our software to find creative solutions to business problems, develop breakthrough ideas, and stay connected to what’s most important to them. We run our business in much the same way, and believe our eight business divisions offer the greatest potential to serve our customers.

They are: Online Services Division, Server and Tools Business, Microsoft Business Solutions, Microsoft Office Divisi;on, Interactive Entertainment Business, Windows Phone Division, Windows & Windows Live Division, and Skype.

Microsoft Research is dedicated to conducting both basic and applied research in computer science and software engineering. Researchers focus on more than 55 areas of computing and collaborate with leading academic, government and industry researchers to advance the state of the art. Microsoft Research has expanded over the years to thirteen labs worldwide and a number of collaborative projects that bring together the best minds in computer science to advance a research agenda based on their unique talents and interests.

Microsoft is a registered trademark of Microsoft Corporation

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Diamond ExhibitionPlastic Logic’s mission is to lead a revolution in the way people acquire, organize and consume information. We are using our proprietary technology leadership in plastic electronics to create a range of products enabling immediate information access, organization and consumption. Founded in 2000 by researchers out of the Cambridge University Cavendish Laboratory, Plastic Logic has the world’s largest and most experienced team of plastic electronics experts, with offices in Cambridge, England (research and development); Dresden, Germany (first state-of-the-art manufacturing facility); Moscow, Russia (second high-volume manufacturing facility currently under construction) and headquarters in Mountain View, California (executive management, product engineering, sales and marketing). Plastic Logic has been backed for more than ten years by world-renowned investors including Oak Investment Partners, Amadeus Capital Partners Ltd, Raptor Capital Management and most recently RUSNANO.

www.plasticlogic.com

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Speakers

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Dr Aled Jones FRSA is the inaugural Director of the Global Sustainability Institute (GSI) at Anglia Ruskin University. The GSI’s research is focused around personal motivations and systems change set against the challenges of sustainability. Dr Jones also chairs a working group on climate finance within the Capital Markets Climate Initiative on behalf of Greg Barker, the Minister for Climate Change in the UK Department for Energy and Climate Change (DECC). Dr Jones was previously the Deputy Director at the University of Cambridge Programme for Sustainability Leadership and was Director of the Climate Leadership Programme and Chevening Economics of Climate Change Programme (for the UK Foreign and Commonwealth Office). He was a founding member of the ClimateWise insurance principles, was facilitator for the P8 Pensions Group, 12 of the world’s largest public pension funds working collaboratively to address the problem of climate change and investments and set up the Banking & Environment Initiative.

Dr Aled JonesDirector

Global Sustainability Institute, Anglia Ruskin

University

Opening

Keynote SpeakersDavid S. Rose is CEO of Gust, the international collaboration platform for early stage angel investing. Gust powers the global entrepreneurial economy by enabling qualified startups to get financed by the smartest investors. It is the official collaboration solution of the world’s leading early stage investment associations, providing knowledge and collaboration tools supporting all aspects of deal flow management, from pitch to exit. Gust currently serves over 35,000 accredited investors, 750 angel investment networks and venture capital funds, and 180,000 early stage companies in five languages and 92 countries, with more than 5,000 new companies each month using the platform to create customized investor relations websites. David is also an Associate Founder, with Ray Kurzweil and Peter Diamandis, of Singularity University, the Google/NASA-¬-sponsored graduate program in exponential technologies, and as its Track Chair for Finance and Entrepreneurship has established one of the first academic programs on the future of finance. A serial entrepreneur and active angel investor, David has founded six companies and funded over 80 others. Red Herring magazine described him as the “Patriarch of Silicon Alley”, and Crain’s New York Business called him “the father of angel investing in New York”. He is currently Managing Director of Rose Tech Ventures, a seed stage venture fund; Founder and Chairman Emeritus of New York Angels, the most active angel investment group on the East Coast; and Chairman of Egret Capital Partners, a middle-¬-market private equity firm.

David S. RoseCEOGust

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Speakers

Jack Lang is a serial entrepreneur and business angel with high-tech and internet companies based in Cambridge, where he is Entrepreneur in Residence, Fellow and affiliated lecturer at the Judge Business School, University of Cambridge, an affiliated Lecturer at the Computer Lab and a by-fellow of and Director of Studies in Management at Emmanuel College. Recent ventures include www.raspberrypi.org an ultra low cost computer and Moviestorm which makes 3d Animation, and co-Founder of Artimi, (now vbeam) which is making the next generation of wireless chips. Previously he was founder of Netchannel Ltd, an early Interactive TV company which was acquired by ntl: where he became Chief Technologist. Before that he was founder of Electronic Share Information Ltd, one of the first online brokerages, acquired by E*Trade Inc. He is author of “The High Tech Entrepreneurs Handbook” (FT.Com/Prentice Hall 2001), He has other interests in molecular gastronomy and fireworks.

Jack LangRaspberry Pi

Julie is the well known founder & CEO of Ariadne Capital, co-founder and Managing Partner of the Ariadne Capital Entrepreneurs (ACE) Fund, founder of Entrepreneur Country and co-founder of First Tuesday. Julie founded Ariadne Capital in 2000; Ariadne backs entrepreneurs in the digital health, mobile money, broadcast media and entertainment, and smart cities ecosystems. Ariadne pioneered the model of “Entrepreneurs Backing Entrepreneurs” as the new model of the financing of entrepreneurship, and Ariadne’s investment framework is “Ecosystem Economics”. Most recently Julie founded Entrepreneur Country, a community for leading and emerging entrepreneurs, investors, the media and corporate partners who service the start-up industry. She sits on the Boards of INSEAD, Medikidz, Vestergaard Frandsen and Jellybook.

Julie MeyerFounder and CEOAriadne Capital

Elizabeth Varley is a communicator, connector and entrepreneur with a background in technology, content and events. She is Co-founder and CEO of TechHub - the space bringing together the global technology startup community, with its first launch in London’s Silicon Roundabout in 2010, and soon-to-be openings in Latvian capital Riga (February 2012), Prague, and San Francisco. Amongst TechHub’s other projects, Elizabeth is currently working with the UK Prime Minister’s Tech Team, the Mayor’s Office, UKTI and the Technology Strategy Board to support tech start-ups in the UK via the Tech City project. Elizabeth has previously worked with small business advice site Smarta, with Germination on the SHINE unconference for social entrepreneurs, and headed the team for Twestival London in 2009-2010.

Elizabeth VarleyCo-Founder

TechHub

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Danielle Fong is a writer, advisor, inventor, engineer, scientist and a promising young entrepreneur. Forbes.com named her one the top “30 under 30” to watch in the Energy industry. Danielle is the Co-founder and Chief Scientist of LightSail Energy – a cleantech company developing compressed air energy storage systems. Since inception, LightSail has developed an influential profile in the cleantech industry, gathering experts in thermodynamics, engine development, fluid dynamics, power electronics, and control theory. The potential of its technology has attracted significant attention from such notables as Bill Gates and Vinod Khosla Amongst other projects and venture involvement, Danielle is also a mentor for the Thiel 20 Under 20 fellowship, as well as an advisor to several start-ups in greentech and physical technologies. She is a regular guest contributor to the Women 2.0 blog and was a featured speaker at the Women 2.0 PITCH Conference & Competition 2012. Danielle confirmed her unconventional nature at an early age. She enrolled in Dalhousie University when only twelve years old. She graduated with focus in physics and computer science at seventeen, and was awarded a University medal. She then performed graduate work in nuclear fusion at the Princeton Plasma Physics Laboratory, but found in entrepreneurship a more profitable manner of funding her research meanwhile satisfying her ambition.

Danielle FongCo-founder and Chief Scientist

LightSail Energy

Ian is a former MP who now is a non-executive director of or advisor to several companies, mainly in the technology, environment and security sectors. His hands-on experience encompasses business, Parliament and charitable organisations. He is currently a member of the UK Science and Technology Facilities Council which inter alia supports research and provides a broad range of scientific and technical expertise and facilities in space and ground-based astronomy technologies, microelectronics, wafer scale manufacturing, particle and nuclear physics, alternative energy production, radio communications and radar. Ian was a Member of the UK Parliament for 23 years until standing down at the May 2010 General Election. He was Minister for Science and Technology at the Department of Trade and Industry during 1994 - 1997 in a Conservative Government, and subsequently chaired the all-Party Parliamentary and Scientific Committee which includes the Parliamentary Engineering Group.

Ian TaylorChairman

Living PlanIt

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Simon is the Chief Architect of Simplexo’s software, a highly respected figure in the structured mark-up industry and a frequent spokesman on XML applications. He developed his software development expertise and special interest in XML whilst with SoftQuad. There he was involved with the launch of XML, working closely with its creators and he helped manage a number of SGML and XML integration projects for various publishing companies throughout Europe. Subsequently, whilst developing Simplexo’s core technology, he has provided technical consultancy services, XML training and managed software projects for a number of well-known companies and local authorities, including IBM and Bedford County Council. Simon was formerly a member of the Board of the UK Sun User Group prior to that company’s acquisition by Oracle Corporation.

Simon BainChief Architect

Simplexo

Richard Allan Horning is a member of SNR Denton’s Corporate Practice and Venture Technology/Emerging Growth Company Group. He represents a wide spectrum of technology clients, from the classic “garage-based” start-up to larger companies in Silicon Valley and around the world. Richard specializes in counseling high technology companies in all stages of development on domestic and international issues, including financing growth and development; securing, protecting and licensing intellectual property rights; supply and distribution relationships, including antitrust and unfair competition considerations, and dispute resolution affecting technology driven industries including international arbitration of technology focused disputes. Horning is a past President of the International Technology Law Association Executive Committee of the Intellectual Property Section of the State Bar of California and in recent years he was selected by his peers for inclusion in the International Who’s Who of Internet and E-Commerce Lawyers 2009 and as Northern California Intellectual Property Super Lawyer in 2004, 2005, 2006 and 2007.

Richard HorningCorporate Practice and

Venture TechnologySNR Denton

Cloud Computing Panel

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Dr Natasa Milic-Frayling is a Principal Researcher at Microsoft Research Cambridge. For the past 14 years at Microsoft, she has been leading an inter-disciplinary team, exploring innovation opportunities in information and communication systems. Natasa’s passion is in redefining personal computing and engaging industry, consumers, and policy makers in a dialogue about the impact of digital technologies on the society. She advocates a principled approach to innovation that empowers individuals to shape their roles in the digital society. Fort the past 5 years, Natasa has also led research initiatives in digital preservation. She is involved in the EU SCAPE project, working on scalable cloud-based services for long term access to digital content. Natasa has PhD in Mathematics from Carnegie Mellon University. Prior to joining Microsoft, she was Director of Research at Claritech Corp., a spin-off company from Carnegie-Mellon University in the area of information retrieval. Natasa is actively collaborating with academia. She facilitates business internships at MS Research for MBA students and serves on the Advisory Board for the Postgraduate Diploma in Entrepreneurship programme at the University of Cambridge.

Dr Natasa Milic-FraylingPrincipal ResearcherMicrosoft Research

Doug Clark is Cloud leader for IBM UK & Ireland – his mission is to help clients seize their full business growth potential and agility using cloud. Doug has over 10 years of UK and International experience in the IT industry, having predominantly worked with clients in Communications, Utilities and Industrial Sectors. Doug is part of a global team in IBM shaping and implementing the IBM Cloud Strategy. He leads a specialist team of business development, solution and technical architects spanning IBM to support the ambitions of our customers. Prior to IBM Doug had 17 years international management experience in business consulting in PricewaterhouseCoopers and as a client in various blue chip corporations across CPG and Healthcare, holding director level roles in sales, distribution and process improvement. Doug has an MBA and a degree in Biochemistry. He is an active member of the Chartered Institute of Marketing.

Doug ClarkCloud Leader

IBM

Greg Williams is an award-wining journalist, author and speaker. Currently Executive Editor of WIRED in the UK, he spent a decade working in New York City. He is the author of four novels and has edited a collection of sports writing for Penguin. He has written for numerous newspapers and magazines and appeared on the BBC and CNN, among others. His personal website is www.howwecreatevalue.com.

Greg WilliamsExecutive Editor

Wired

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Mike Johnson has a background as Managing Director of two manufacturing companies - Soundcraft Electronics and Combined Optical Industries Limited and latterly with Carclo plc where his remit was to network to bring new technology to the Group which led to the founding of a highly successful start-up company – Conductive Inkjet Technology Limited. He holds a First Class Honours Degree in Mechanical Engineering and has studied an MBA. Having worked as a consultant with MRCT for two years, he helped to develop and gain approval for a new 10-Year Strategic Plan. The key change is that as well as working to commercialise the IP for the MRC, MRCT is offering this service to others. In December 2011 he was appointed Director of Corporate Partnerships to build productive partnerships with technology and funding organisations both nationally and internationally. He has a broad commercial perspective across a range of business sectors that help broaden thinking and approach so ensuring delivery of the MRCT strategy.

Dr Allan MarchingtonPartner

Apposite Capital

Allan Marchington is responsible for Life Science investments at Apposite Capital. Apposite is based in London and invests on a global basis in healthcare and related areas, including both healthcare services and life sciences. Apposite has over $200M under management and typically leads investments rounds with between $1m to $20m investments. Allan is a Board member of Ambit Biosciences Inc., Ambrx Inc., Sotera Wireless and Serentis Ltd. Allan was formerly a medicinal chemist at Pfizer, Sandwich UK. In 1997 he left Pfizer to start his own company Cambridge Discovery Chemistry, which he grew to over 130 staff. In July 2000 Millennium Pharmaceuticals Inc. bought the company in cash and Allan moved to the USA to join the Millennium Management team with responsibility for all technology Investments and European operations. In 2003, he returned to the UK joining Abingworth Management and in September 2005, Allan with his Partners founded Apposite Capital.

Mike JohnsonDirector of Corporate

PartnershipsMRC Technology

Healthcare Innovation Panel

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Dr Nicolas Sireau is Chairman of the AKU Society, a medical charity that works in partnership with the Royal Liverpool University Hospital to find a cure for AKU, a rare disease affecting his two sons. He is a founding member of the international AKU coalition, which brings together leading research institutions, biotech companies and patient groups from across Europe and North America in order to find a cure to AKU. He is a former Director of GenSeq, a bioinformatics company. He is a fellow of the Ashoka Fellowship of Social Entrepreneurs and of the Royal Society of Arts. Dr Sireau’s previous career was in international development, where he set up SolarAid, an award-winning social enterprise bringing solar power to Africa. He is the author of ‘Make Poverty History: Political Communication in Action’ (Palgrave Macmillan 2009), ‘Microfranchising: How Social Entrepreneurs are Building a New Road to Development’ (Greenleaf 2011), and ‘Rare Diseases: New Models of Entrepreneurship’ (Greenleaf, forthcoming). He has written two novels - The Somali Doctrine and Black Coke - under the pen name James Grenton.

Dr Nicolas SireauChairman

AKU Society

Alison is the Chief Operating Officer of IP Group plc, a non-traditional venture capital company, which provides resources and expertise to transform technical innovations from UK academia into successful businesses. Ali has extensive experience in creating, investing in and building high growth science-based companies across a wide range of sectors. She co-founded Techtran Group Ltd, a commercialisation services business and was its COO when it was acquired by IP Group in January 2005. Previously, she worked at McKinsey & Co, where she consulted primarily to the pharmaceutical and health care sectors, and at Zeneca plc in R&D. Ali is a trustee of Care International UK, one of the world’s three biggest aid agencies working with 82m people in 87 countries, and also of UnLtd, a pioneer and leader in supporting social entrepreneurs in the UK.

Alison FieldingChief Operating Officer

IP Group plc

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Professor Alan Barrell has spent almost 30 years in senior executive positions in technology-based industries and has become one of Cambridge’s most articulate promoters of entrepreneurship. He is Entrepreneur in Residence at the University’s Centre for Entrepreneurial Learning, and a Visiting Professor at the University of Bedfordshire School of Graduate Business Studies, Xiamen University and the Shanghai College of Science and Technology. More recently, he was appointed as International Research Fellow at Laurea University of Applied Science, Entrepreneur in Residence at McMaster University and Guest Professor at Tohoku Fukushi University.

Professor Barrell currently chairs the East of England NHS Strategic Innovations Council, Health Enterprise East Limited and the Senior Advisory Board of the National Consortium of University Entrepreneurs (NACUE), which has recruited more than 40,000 members since its formation less than a year ago. Professor Barrell is also a member of the investor groups Cambridge Angels and Sophia Business Angels and has previously chaired the Cambridge Enterprise Conference and works closely with a number of Science Parks and Innovation Centres in Cambridge, elsewhere in the UK and overseas. He received The Queen’s Award in 2006 for Enterprise Promotion and was conferred the Honour of Knight First Class, Order of the White Rose of Finland by the President of Finland -in Februrary 2011.

Professor Alan BarrellEntrepreneur in ResidenceCentre for Entrepreneurial

LearningJudge Business School

University of Cambridge

Global Investment Panel

Gervais Williams is an award-winning equity fund manager and the author of Slow Finance. He has worked in the City for 25 years, 17 of which were spent at Gartmore, where he managed clients’ investments in small to medium sized companies. He is now Managing Director of MAM Funds plc. Gervais won Grant Thornton’s Quoted Company Award Investor of the Year in 2009 and 2010. He is a member of the AIM Advisory Council, and on the Board of the Quoted Companies Alliance. In 2012, core ideas behind Slow Finance were submitted to the Institute for Public Policy Research for its latest investigation on how to stimulate growth in the UK. Gervais is now working on Tomorrow’s Finance, a partnership initiative with Tomorrow’s Company, exploring key concepts and best ideas that will help shape the future of the financial sector.

Gervais WilliamsManaging Director of MAM

Funds plc

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Mark is the Senior Advisor on Social Finance and UK Director of Ashoka - the world’s largest association of leading social entrepreneurs - and the Founding Director of Chelwood Capital. Since joining Ashoka’s Support Network in 2007, he has assisted many Ashoka Fellows in raising investment for social causes, in areas including micro-finance, renewable energy, conservation, healthcare and education. Mark is also advisor to several international Ashoka initiatives such as Globalizer, a program for Fellows expanding their work into multiple countries. Mark is founding Director of Chelwood Capital, a social investment firm that supports mission-driven organizations. He has more than 15 years experience in finance, having previously worked at Deutsche Bank and AMBAC Assurance. He serves as Board Member and Trustee for several social enterprises, including two set up by Ashoka Fellows - Sight of Emotion, which works with blind people, and Partnerships for Youth Empowerment (PYE) Global, a leading youth-development charity. Mark is also a business mentor for the Emerge Venture Lab, an incubator for UK student social ventures.

Brigitte BaumannFounder and CEO

Go Beyond Ltd

Brigitte is the Founder and CEO of Go Beyond Ltd., a Business Angel and serves on a number of selection and investment committees in Europe including the WEF’s Tech Pioneers and is a Member of the Präsidium of KTI, the Swiss commission for Innovation and Entrepreneurship. Brigitte is President Emeritus of EBAN, the European trade association for Business Angels and Seed Funds and chairs Young Presidents Organization’s global Angel Investing interest group. Brigitte has 15 years of experience in bringing new technologies to market in the US and Europe. She was the CEO and Director of iWORLD Group, a VC backed, global developer of mobile content. She came to iWG from American Express Corporate Services, where she held the position of Senior Vice President and General Manager Internet. There she launched a variety of new internet businesses including online travel (strategic partner of Expedia.com), e-Procurement, online servicing of cards and online payment.

Mark ChengFounding DirectorChelwood Capital

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Colin joined Zouk in 2007 as a Partner and leads the Renewable Infrastructure team. With over 20 years industrial experience in the power sector, M&A and project finance, Colin brings to Zouk a strong record in operations, energy trading, corporate finance and project finance. Colin has overseen the development of all the zSOL solar PV projects to date and sits on the board of Enviromena Power Systems. Colin was previously CEO of Killingholme Power Group Ltd where in an 18 month period he oversaw the overhaul of the 680MW gas-fired power station, which resulted in a trebling in value and returned over £300m to the lenders. Prior positions include Vice President of Corporate M&A for TXU Europe where he led transactions in the Power and Oil & Gas sectors. He was also a Project Finance Manager for Mitsui Babcock, where he closed the Shandong Project in China, then the world’s largest (4GW) Independent Power Project. Colin has also advised many of the UK’s leading banks on their distressed investments in the power sector. Colin is a Chartered Accountant (FCA) having trained with Coopers & Lybrand and has a BSc in Chemical and Process Engineering.

Colin CampbellPartner

Zouk

CleanTech Panel

Sebastian is the Distribution Manager of Eight19, a Cambridge-based next-generation plastic solar cell company that offers pay-as-you-go solar-powered lighting solutions to developing countries. Sebastian oversees the distribution network in markets such as Kenya, Uganda, South Sudan, and South Africa offering solar energy at an affordable price of $1 per week. Previously, Sebastian sat on numerous committees in Cambridge including Silicon Valley comes to Cambridge (SVC2C), the Cambridge University Technology and Enterprise Club (CUTEC), and i-Teams. Sebastian holds a Masters degree from The University of Texas at Austin, USA, and a PhD in Physics from Trinity College, University of Cambridge

Sebastian SchoeferDistribution Manager

Eight19

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BP Alternative Energy was created at the end of 2005, and now comprises Biofuels, Wind and Corporate Ventures, with a plan to invest $8bn in Alternative Energy over 10 years. Dominic’s current responsibilities include corporate venture investment, strategy and investor relations for Alternative Energy. Dominic is a graduate of Oxford and Cambridge Universities and has worked for BP since 1986. He has held positions in BP’s Exploration and Production Division, in Asia and the Middle East, and also in the UK North Sea. Dominic has led Gas and Power business development in the UK and Northern Europe, as well as running power and utility assets at BP industrial sites. Since joining Alternative Energy in 2007, he has been Commercial Director, Chief of Staff before moving to his current role in 2012.

Dominic EmeryChief Development Officer

BP Alternative Energy

Martin became Chief Executive of Cambridge Cleantech in 2011 and is responsible for the ambitious plans to further develop Cambridge as a leading cleantech centre in Europe and in doing so helping to promote the next wave of the Cambridge hi-tech cluster. Martin supports Cambridge Cleantech members be encouraging supply chain opportunities for companies in the sector, enabling shared experience of innovative growth businesses and providing collective services such as access to finance, government regulatory updates and links to international partners. Martin was previously the Regional Environmental Manager for IBM in the greater South East, including Cambridge. Martin has also undertaken governmental liaison roles whilst working for Boots the Chemists and was one of the UK’s first City Centre Managers in Nottingham.

Martin GarrattChief Executive

Cambridge Cleantech

Martin is the Founder & CEO of 2degrees – the world’s leading community for sustainable business. 2degrees helps organizations accelerate the implementation of their sustainable business strategies by enabling them to access essential information, solve problems and innovate. It does this in a unique way by harnessing the collective expertise of the 19,000 sustainable business practitioners in the 2degrees online community of practice. 2degrees positions Martin at the heart of the corporate sustainable business revolution and the transition to a low carbon economy. Through its membership and its partner organizations, 2degrees keeps him in continuous contact with corporate leaders, solutions providers and investors, as they address the challenges and opportunities of this Fourth Revolution.

Martin ChilcottFounder

2Degrees Network

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About CUTEC

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Cambridge is an internationally renowned hub of entrepreneurial activity, and its “Silicon Fen” moniker is well-earned. Cambridge University Technology and Enterprise Club (CUTEC) is a leading student-run organisation that seeks to nurture and enhance the entrepreneurial spirit amongst academics and students.

The club is mainly run by students who are passionate about science and entrepreneurship, supported by advisors drawn from the local business community. The multicultural CUTEC membership consists of PhD students, postdoctoral researchers, MBA students and professionals, united by a shared passion for entrepreneurialism and business. Many are already actively working on establishing or growing their own businesses.

Through CUTEC, members can connect with their peers, and with the wider business community, including industry experts and potential investors. CUTEC hosts a wide range of events, including talks, panel discussions, workshops, mentoring and networking sessions, helping members to acquire the necessary business insights, knowhow, soft skills and connections to make their visions happen.

Every year, CUTEC organises the Technology Ventures Conference (TVC) one of the world’s largest student-led entrepreneurial conferences. In 2011, the conference attracted 400 delegates from the UK, Europe and further afield, and was keynoted by George Whitesides, the CEO and President of Virgin Galactic. The 2012 TVC is planned for June 2012, and will tackle the theme “Innovation in an Uncertain World”.

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CUTEC event shows Cambridge entrepreneurship thriving in an uncertain world - Student entrepreneurship society kicks off 2011 with expert panel discussion.Despite economic volatility entrepreneurship is alive and thriving in Cambridge. That’s the findings of the first Cambridge University Technology and Enterprise Club (CUTEC) event of 2011, which saw approximately 100 people attend a high profile panel discussion on entrepreneurship.Held on the 17th of October 2011 at the Judge Business School, the event, sponsored by top ranked European patent and trade mark attorney firm Gill Jennings and Every LLP (GJE) and global management consulting firm, Boston Consulting Group (BCG), focused on ‘Business Opportunities in Cambridge -Entrepreneurship in a volatile climate’.Moderated by the director of Centre for Entrepreneurial Learning (CfEL), Shailendra Vyakarnam among the panellists were six renowned entrepreneurs ● Jon Bradford (Managing director Springboard Cambridge) ● Hermann Hauser (Serial entrepreneur and venture capitalist and cofounder of Amadeus Capital) ● Simon Haworth (Founder of Team Ventures Ltd) ● Jack Lang (Serial entrepreneur, business angel and Co-Founder Artimi) ● Robert Perry (Partner at GJE) ● Andy Richards (Serial biotechnology entrepreneur and business angel)The panel discussion gave the audience insight into the challenges of driving innovation in the current climate, and, from their own experiences, the speakers were able to identify ways in which Cambridge can continue to foster innovation and entrepreneurship during these uncertain times.

Enterprise Tuesday is a series of free evening lectures and networking sessions managed and delivered by the Centre for Entrepreneurial Learning since 1999. The programme aims to introduce participants to the world of business, as well as to encourage and inspire individuals to pursue their entrepreneurial ambition. It is the most popular non-assessed programme within the University and the model has been adopted by numerous other academic institutions as well as corporations.

Recent AccomplishmentsInaugural Event

Enterprise Tuesday

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This year CUTEC partnered with Metail, Ideaspace and Cabume to bring the first ever Silicon Milkround recruitment event to Cambridge. With the aim to bring focus on the Cambridge high-tech cluster and its wealth of successful silicon companies, the event linked start-ups to their much needed graduate developers and engineers. 40 companies participated in the event, with 100’s of jobs to offer. The computer museum gave an historic display, showing the impact of these technology start-ups on the gaming world. With hack challenges and lightning presentations, the event was truly dynamic and interactive. CUTEC played a central role in advertising the event to its close network of students, departments and societies, and in the logistical set-up of the event. Such is the success of the event, CUTEC will be joining forces again for next year’s Silicon Milkround Cambridge in November 2012.

The Idea Transform event took place over a weekend in April at the Judge Business School (JBS) in Cambridge. 26 ideas were pitched at the start and a total of nine teams stood out for their innovative business projects. Amongst them two of our CUTEC members got to win the judges’ attention and were subsequently selected into the winning categories. Tim Lui, current JBS student and founder of the start-up Cambridge Transport Solutions Ltd, pitched the idea of using a software system (ITAS) to dynamically adjust service routes of public transport in real time, to better meet the exact travel need of passengers.

Dan Tomlinson, MBA student at JBS, sought to revolutionise education through mobile learning applications. He joined Imvoto, a teacher led enterprise pitching a web based mobile assessment tool. Through Imvoto teachers can more broadly interact with their students. Dan thought this was an excellent opportunity to apply the strategic frameworks he had been learning in his MBA. Both Tim and Dan are continuing to develop their ideas as the team works to complete a pilot launch. We look forward to updates on their progress at the TVC2012.

Idea Transform

Silicon Milkround Cambridge

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Cambridge University i-Teams Course (Innovation Teams) is an initiative for technology commercialisation. i-Teams has been running in Cambridge for more than 6 years and has assisted in the commercialisation of 70 projects with over 400 students, with about 5% of these going on to form spin-out companies, and over 60% continuing to be actively commercialised.

It is a great opportunity for graduate students and postdoctoral researchers from diverse backgrounds to gain experience in marketing and commercialisation, to communicate with academics and industry experts from UK and abroad, to learn about related industries and technologies and - last but not least - to enjoy working within an interdisciplinary team in a business-oriented context.

Amongst its achievements this year, CUTEC had the great honour to organise in partnership with GoCardless (gocardless.com) a successful workshop on the challenges of growing your own venture at Entreprise Tuesday. The company is a London based start-up with a combination of great developers and a strong background in the financial industry, backed by notable investors including Accel Partners, Passion Capital, and YCombinator.

Their concept is to simplify and reduce the costs associated with online payments for any merchant.

Three sessions were organised to help young companies from London and IdeaSpace, Cambridge, to obtain user feedback from CUTEC members on a range of software and web-based projects. In return, members got insight into the establishment of an early stage technology business and had a chance to contribute towards the next product in the pipeline ofthe companies.

i-Teams, commercialisation science

GoCardless workshop

User Experience trials

The belief is that it is too hard and too expensive to take money online so their goal is to fix that via a designed, simple solution with more transparent pricing. In addition to an informative introduction to GoCardless, participants have been challenged on both their personal and transferrable skills to learn how to overcome the challenges of starting a business. The workshop was a practical session on how to grow a venture, raise funding and reinforce entrepreneurial determination.

The highlight of the Ideas@CUTEC series of events was a Start-up@CUTEC workshop which demonstra ed the true entrepreneurial spirit of the Club’s me bership. Six companies founded by current CUTEC members were pitched to a panel of mentors who gave valuable advice before giving way to questions from the audience

Start-up@CUTEC event

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CUTEC’s Business Surgeries see entrepreneurs getting free, impartial advice on a range of issues typically encountered by startups. The Surgeries are run by experts in their respective fields and offer one-to-one guidance on whatever the participants wish to discuss. This year, in the lead-up to Christmas, five Surgeries were provided covering Legal Issues, Patents & other IPR, Venture Capital, Marketing, and Early Stage Funding & Business Planning. We were also approached to re-run the Surgeries for participants of this year’s Laurea ES Cambridge VentureCamp, which saw some of the best Finnish entrepreneurs spending two weeks in the ‘Cambridge bubble’ to hone their skills. We hope the Surgeries provided what they were looking for! CUTEC is entirely reliant upon - and very grateful to - the Surgery providers for their time and expertise.

Business surgeries

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Silicon Valley comes to the UK (SVC2UK) is an annual programme that welcomes pioneers of the most disruptive consumer internet and green technologies to the UK. The project really took off in 2011 with 3 locations covered including London where Sherry Coutu, (Co-Chair of the event) was distinguished at 10 Downing Street for stimulating Innovation in the UK market. This was also the year where CUTEC saw the highest amount of its members being involved notably in the Executive and Organising Committee.

In Michaelmas term we had four interactive workshops for CUTEC members to enhance their entrepreneurial skills. Starting from idea generation and team building through legal aspects of high-tech business to understanding of how to raise finance from venture capitalists these workshops were provided by highly qualified and experienced professionals.

As part of this year’s Cambridge Science Festival, CUTEC joined forces with the Humanitarian Centre and Idea Transform to run the Global Health Hack Day. Modelled on CUTEC’s pioneering ‘Open Innovation’ event - run with MedImmune last year - the Hack Day was in fact a week-long competition which saw seven teams tackling real global health challenges set by organisations working in the field. The winning Medic Mobile team - which impressed the judges with its innovative tech-based approach to patient health data capture in the developing world - also went on to win the Idea Transform event held in April.

Silicon Valley comes to the UK (Svc2UK 2012)The programme covering two eventful days needed also the involvement of enthusiastic volunteers who had great opportunities to meet and discuss with high profile speakers such as Reid Hoffman (Executive Chairman & Co-founder of LINKEDIN), Greg Joswiak (Vice President of iPod and iPhone Product Marketing, Apple) or Julie Hanna (Chair of the Board at Kiva). CUTEC played a large role this year, with some members holding positions on the Executive and Organising Committee.

ideas@CUTEC - Innovation workshops

Global Health Hack Day

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Since 2003 the Cambridge University Technology and Enterprise Club (CUTEC) has been running top class conferences with the aim of bringing together students, researchers and business people in the Cambridge Cluster with leaders of the scientific world, senior executives, high profile venture capitalists, angel investors and entrepreneurs. As well as its annual conference CUTEC also organises workshops and speaker series events throughout the year and effectively supports entrepreneurship from idea to investment.

Executive CommitteeLiz is in the final year of her organic chemistry PhD, working on the total synthesis of novel natural product analogues as anticancer agents. Liz was the Technology Showcase Lead for TVC 2011, and a member of the Sponsorship team in 2010/11. Her appetite for business was fuelled by her participation in the ‘Emerging Ventures Technology’ course, looking at the market potential of novel applications of Plastic Electronics for healthcare. Liz is passionate about the application of organic chemistry to solve global issues, such as renewable sources for fuels, batteries and sustainable plastics. Liz is keen to focus her career on uniting chemistry and business to provide much-needed solutions to today’s growing population requirements.

Claire has a powerful drive to be a successful entrepreneur. She co-founded and sits on the board of Grapevine City, a mobile application focusing on nightlife experience. She is also striking out on her own, bringing her significant experience in relationship management, customer service, and operations to bear in consulting for local businesses. She balances this with a full time role as account manager in the online travel industry and a leadership position in CUTEC. Claire earned a First in International Business Strategy through a 2 years accelerated track at the Cambridge Ashcroft Business School. She also took on an internship with the United Nations Environment Program-World Conservation Monitoring Centre where she analyzed sustainable business strategies in fortune five hundred organizations. Claire came to the UK in 2006 but still has a flair for the old country; please ask her about fine wine and good food.

TVC history

Liz WilliamsPresident

Claire ThiveyratDirector of Operations

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Neil is a Post-Doctoral research scientist in the Department of Biochemistry, University of Cambridge, and is performing structural and biochemical studies of several DNA repair proteins. He obtained his PhD in structural biology, biochemistry and biophysics at the Institute of Cancer Research, University of London, after completing undergraduate and Master’s courses at Bath and York respectively. One of his key interests is the commercialisation of academic ideas and discoveries for the greater benefit of UK plc. Before his election to the CUTEC Executive Committee, Neil was a London Technology Network (LTN) Business Fellow for the University of Cambridge. This role - performed alongside research work - involved improving collaboration between the School of Biology and SMEs in an effort to foster new working relationships, with a view to generating benefit for both the University and UK industry.

Neil RzechorzekDirector of Development

Alexey joined CUTEC as a member of the External Relations Team in March 2011 and was later elected as the Director of Innovation. Alexey is a third year PhD student at the Materials Science and Metallurgy Department of the University of Cambridge. He is doing research on superconducting quantum electronics in the Device Materials Group. He obtained his Master’s degree from the Lomonosov Moscow State University and undertook his Diploma research project at the Research Centre Juelich, Germany. He is very much interested in Economics of Innovation and Entrepreneurship. Alexey was President of the Cambridge University Russian Society in 2009-2010 and International Officer at the Darwin College Student Association in 2010. He is very passionate about Scuba-diving and sailing and an active member of the University’s Underwater Exploration Group and Yacht Club.

Alexey BannykhDirector of Innovation

Executive Committee

As a Cambridge Commonwealth scholar, Vivian has just completed her PhD in Biochemistry at the University of Cambridge. She has since co-founded a consultancy network, Silicon Fen Concepts, specifically aimed at helping start-ups and the Angel investment community with various clients from European countries. Prior to her postgraduate studies, she worked as an Investment Process Manager at a venture fund in Brisbane, Australia. She has vast interests in entrepreneurship and commercialisation of science, and was selected to represent Australia in the Novartis BioCamp, held as a platform for exploring the innovative and entrepreneurial aspects of Biotechnology. Vivian was the President for the Cambridge University Technology & Enterprise Club (CUTEC) in 2010-2011 and is currently the Chairman.

Vivian ChanChairman

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In the sponsorship team, we try to secure a number of sponsors for different events being organized by CUTEC, mainly the annual Technology Venture Conference. The activity in our group involves: - targeting the potential sponsors - making contacts and advertisements - and finalizing and signing agreements and contracts. Additionally, we hold weekly meetings with the team members in order to review the team progress and fine-tune the team policy. Alessandra Caggiano

Vice PresidentFinance Director

Ignas BudvytisTeam Advisor

Anastasia Zolotareva

Maria Llorente David HarrisIgor Romanov

Jerome Joaug

TeamsSponsorship Team

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Teams

The content team is in charge of shaping CUTEC events by proposing topics for the workshops happening throughout the year and for the annual conference. The team is also responsible for identifying and contacting potential speakers for the various events and coordinate their input. We also aim to improve the contact repository of local entrepreneurs, VCs, advisors, etc., in order to share knowledge and provide a pool of speakers for panels and workshops in the future.

Marta LapsleyVice-President

Carlo TarantiniTeam Advisor

Jason Hardjosoekatmo Luke Sperrin

Mahyar Salek Yoko Nogami Andrzej Ejsmont

Content Team

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The marketing team is responsible for advertising and promoting events and CUTEC itself. One of the most important tasks is to establish a successful marketing campaign for the TVC to generate great interest and ticket sales. Beyond the TVC, the team also designs flyers and posters, creates e-mails, updates online event sites and administrates CUTEC’s social networks like Facebook, Twitter, YouNoodle, Google+ and LinkedIn. Ultimately, the marketing team is CUTEC’s image.

Kate ParashinaVice President

Marketing Team

Jonas G. MikkelsenTeam Advisor

Cedric Deur

Thomas Sommer Anne Catherine GoulbyLulu Toledano

Edwin Hayward

Teams

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The External Relations (ER) team focuses on expanding the network of CUTEC, within the UK and abroad: we aim to build strong contacts with other entrepreneurial societies, get entrepreneurially minded people to know about CUTEC and get us to know them! The ER team also focuses on building an alumni network, so that current and previous CUTEC members can benefit from a privileged platform for interaction with similarly minded people.

Karsten EiserbeckTeam Advisor

Katsiaryna Bichel Sam D’Souza

External Relations Team

Teams

Ivan MazourVice President

Tilman Lesch Tim Lui Massimo Gaetani

Dan Tomlinson

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The Business Operations team is responsible for making all the necessary practical arrangements related to CUTEC’s events. This ranges from finding and booking suitable venues, arranging the catering and registering the attendees on the day of an event, to setting out rooms, procuring CUTEC branded giveaways & gifts for invited speakers, and organising CUTEC social events for our members.

Ana Karina Giese

Business Operations Team

Annika Eving

Disha DewanTør Jorgen Tusnberg

Andriy Gordiychuk Cedric Deur

Christian SallingTeam Advisor

CUTEC and TVC Website

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AdvisorsProfessor Alan Barrell has spent almost 30 years in senior executive positions in technology-based industries and has become one of Cambridge’s most articulate promoters of entrepreneurship. He is Entrepreneur in Residence at the University’s Centre for Entrepreneurial Learning, and a Visiting Professor at the University of Bedfordshire School of Graduate Business Studies, Xiamen University and the Shanghai College of Science and Technology. More recently, he was appointed as International Research Fellow at Laurea University of Applied Science, Entrepreneur in Residence at McMaster University and Guest Professor at Tohoku Fukushi University.

Sherry Coutu invests in early stage companies and serves on the boards of companies, charities and universities. As a serial entrepreneur, Sherry established and successfully exited two businesses in the financial services industry. Current company affiliations and investments include Linkedin, Cambridge University Press, RM plc, New Energy Finance, Alertme, Lovefilm, I2O, Zoopla and several others. Current university affiliations include Cambridge University and Harvard Business School. Charitable / Government affiliations include the Prince’s Trust, NSPCC and NESTA.

Amy has held a number of senior sales, marketing and business development roles at some of the mobile industry’s leading companies, working with both start-ups and multi-nationals. She was a co-founder and marketing director of STNC Ltd., a mobile start-up acquired by Microsoft in 1999. Other roles have included head of product strategy and international development at Hutchison 3G, director of business development at QUALCOMM. and vice president of sales and marketing at Light Blue Optics, a Cambridge University spin-out. She is involved in a number of early stage startups, is a trustee of the Humanitarian Centre and a Director of the Greater Cambridge Partnership. Amy set up the Cambridge University i-Teams programme which she has run since inception in 2006, is Entrepreneur-in-Residence at Anglia Ruskin University and an advisor to both Cambridge University Entrepreneurs and CUTEC.

Professor Alan BarrellEntrepreneur in Residence

Centre for Entrepreneurial LearningJudge Business School

University of Cambridge

Sherry CoutuSerial Entrepreneur and Investor

Amy MokadyVisiting Industrial FellowCambridge Computer Lab

i-Teams Programme DirectorInstitute for Manufacturing

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Hermann is one of the UK’s leading serial entrepreneurs and a founder and director of Amadeus Capital Partners. He has been involved with over 20 technology companies as a director or investor. He is currently chairman of Virata, a non-executive director of Cambridge Silicon Radio, and several other companies. He also founded Acorn Computers from which ARM and many other successful Cambridge technology companies can trace their beginnings.

José works closely with the Managing Director, Chairman and other members of the E-Center’s team to build, develop and sustain the E-Center ‘s research and educational programs, events, publications, alumni outreach, and networking activities. He promotes the MIT Entrepreneurship Center ‘s courses, programs and activities throughout MIT, manages relations with MIT faculty, students and alumni, as well as entrepreneurs, venture capitalists, and private and corporate donors.

Advisors

Dr. Hermann HauserFounder & Director

Amadeus Capital Partners

José PachecoMIT Entrepreneurship Center

Program Manager

Dr. Andy RichardsSerial Biotechnology Entrepreneur

and Business Angel

Dr Andy Richards is a serial Biotechnology entrepreneur and business angel. He is currently Chairman of Altacor, Novacta Abcodia and Ixico and is a director of Arecor, Summit Corp plc, PsychologyOn-line, Cancer Research Technology (commercial arm of CR-UK) and Babraham Bioscience Technology.Andy is a Cambridge graduate with a PhD in Chemistry who spent his early career with ICI (now AstraZeneca) and with PA Technology. He was a founder of Chiroscience and an executive director through to the sale to Celltech in 1999. Since that time he has been founding and investing in new Cambridge based biotechnology companies including several of those listed above as well as Arakis, Geneservice, Cambridge Biotechnology Ltd, Amedis Pharmaceuticals, Sirus Pharmaceuticals, Daniolabs and Pharmakodex, all of which were recently sold.He is a council member of the Biotechnology and Biological Sciences Research Council (BBSRC), a founder member of the Cambridge Angels, the founding Chairman of BIA Bioangels and an advisor to Vectura plc, CUTEC, 4D-biomedical and Toscana Life Sciences.

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Advisors

Shai is Director for the Centre for Entrepreneurial Learning (CfEL) part of University of Cambridge Judge Business School. He started his working career in small companies, leaving to complete his MBA and PhD at Cranfield School of Management, where he stayed on the faculty for ten years, before taking up a Chair in Enterprise at Nottingham Business School. Since 2001, Shai has been closely involved in building the curriculum for a practitioner-led approach to education for entrepreneurship at the University of Cambridge. Together with a team of 8 and a pool of entrepreneurs in residence and a wider community of practitioners, the CfEL provides a portfolio of courses that encourage, inform and support students at the University and elsewhere to take a learning journey through entrepreneurship. Several of these courses have been copied, transplanted or redeveloped in context. One of the more influential of such courses is Enterprisers.

Christopher Padfield joined the University to run technical and executive education, founding the Cambridge Programme for Industry in 1988, and played a significant part, alongside many others, in building bridges between the University and the entrepreneurial communities that were developing in and around Cambridge. He moved in 2000 to found the Corporate Liaison Office which concentrated on similar activities, but this time between the University and major research-intensive global companies. He has now retired from the University but retains a strong interest in fostering and facilitating entrepreneurship in and around Cambridge. He has served as Senior Treasurer for CUTEC since its foundation in 2003.

Dr. Shai VyakarnamCambridge University Centre for

Entrepreneurial LearningDirector

Dr. Christopher PadfieldFounding Director of the Cambridge Programme for Industry and of the

Corporate Liaison OfficeFounding Senior Treasurer of CUTEC

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Dr Simon Haworth runs Team Ventures Ltd, the investor, fundraiser and adviser to technology companies. The business operates from offices in London, Cambridge, Boston, San Francisco and New York and Simon is currently investigating opportunities for expansion in to Asia. Simon trained with Arthur Andersen in the UK, focussing on MBO and related special work, and established the research and real estate finance functions for Savills plc. He has founded 11 companies either directly, or through venture capital investor IPSO Ventures and has been involved in numerous fundraisings and mergers. Simon and colleagues raised hedge fund backing for IPSO within 18 month of incorporation, and completed IPSO’s London Stock Exchange listing within three years. He has now stepped back from IPSO to concentrate on Team Kapital, the fundraising arm of Team Ventures.

Michael is an entrepreneur and angel investor. Until recently he was co-founder and CEO of Affinio, a provider of personalized Internet search solutions. Prior to that, he consulted to technology start-ups Viagogo and Macroswiss. Previously he worked as a management consultant and as an advisor to financially troubled businesses in the U.S. and Southeast Asia. He has an MBA from MIT Sloan and an A.B. in Mathematics with honors from Duke University.

Advisors

Simon Haworth

Michael S. Cann Jr.

Jason Fuller

In 2001 Jason received an M.Phil. in engineering from Cambridge as a Churchill Scholar. He then began his PhD at MIT where he helped Hans Tung draft the initial proposal for CUTEC and I-teams which was funded by the CMI. With the support of CMI Jason recruited a number of his former Cambridge classmates to start CUTEC. Jason served as a student advisor to CUTEC from 2003-2006.

Founding Advisors

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Press Release

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Since its inception over 9 years ago, the Cambridge University Technology and Enterprise Club (CUTEC) has always tried to maximise its impact on the local entrepreneurial ecosystem. By constantly readjusting its focus, the club successfully fulfills its remit to support budding entrepreneurs while simultaneously challenging the status quo. The membership - consisting of students, academics and business professionals - constantly highlights and debates the latest developments and trends in the high-tech business arena, and then attempts to address them during various events throughout the calendar.

This year, CUTEC has been looking to extend its global reach. One of the ways that the club supports local entrepreneurs is to run one-on-one Business Surgeries - participants get free, confidential 40-minute sessions with local experts on a range of topics. This winter’s topics (and the session providers) included: Legal Issues (Mark Daly - Greene & Greene); Patents and other IPR (James Pitchford - formerly of Kilburn and Strode LLP, now at Mathys & Squire LLP); Venture Capital (Clennell Collingwood - TTP Ventures); Marketing (Chris Lamaison - Cambridge Resolution); and Early Stage Funding & Business Planning (Stewart McTavish - ideaSapce). These Surgeries are always over-subscribed and well-received, but this year they also attracted significant foreign interest. As a result, CUTEC will be running these Surgeries over the Easter period as part of the Cambridge Venture Camp,

CUTEC Branches Out

an intensive 2-week programme run by the Laurea Entrepreneurship Society that will help the best and brightest from Finland to develop their entrepreneurial ideas.

However, this is not the only way CUTEC has been branching out. Following on from last year’s highly successful Open Innovation event - which saw interdisciplinary teams working on real challenges facing the Cambridge-based biopharmaceutical giant MedImmune - CUTEC has joined forces with the Humanitarian Centre to see what impact can be made in the social enterprise realm. This sector is essentially new ground for CUTEC, but one that could benefit greatly from the club’s innovative approach. Over the course of a week during the Cambridge University Science Festival, 8 teams will work on different challenges set by a range of not-for-profit organisations. The problems are incredibly diverse - from determining where critical transport needs could be met by hovercraft, through to creating new mobile apps for the management of patient data in the developing world. This is a rare opportunity to work with leading groups tackling health issues that face some of the world’s most disadvantaged people, and a project that CUTEC is proud to be involved with.

The present global financial situation has changed the way in which new technological developments are funded and commercialised. This year’s Technology Ventures Conference (the club’s major annual event,

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to be held on 22nd June at Robinson College) reflects this trend, focussing on ‘Innovation in an Uncertain World’. Keynote speakers and expert panels will discuss and debate the best ways of driving innovation in times of limited resources, financial or otherwise. Leading on from CUTEC’s involvement with the Global Health Hack Day, a section of this year’s conference will be devoted to ‘Global Investment’. Industry leaders and commentators will discuss the roles that developing world economies - particularly India and China - will play in driving technological innovation in the coming years, and the lessons that can be learned by the developed West.

The development of technologies to benefit those most in need will be high on the agenda, along with one key question - in what ways can developed world finance push these innovations forward?

CUTEC remains one of the driving forces of academic entrepreneurship here in Cambridge. As the club approaches its 10th year, technological innovation for the greater good continues to underpin the work that it does. The future - although uncertain - is definitely exciting!

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that VC and Angel investors have their own interests too.

Approaching VC and Angel Investors

Choosing an investor is a two-way process – you need to research them as much as they research you, - says Tony Raven. There are only a limited number of shots, so one should target carefully. The important thing is to look at the exit investments of VCs or Angels and then target your company for them. Neil MacMullen also suggests one should think what shares are worth and how far one is prepared to go. Since investors may hire directors and employees they trust, it is a trade off. Gary Hanson noticed that in some cases investors might take over the company.

When preparing your business plan Tony Raven suggests: Writing is easy. Thinking about the business plan is a different matter. Tony Raven recommends one should think about the following questions: Is it going to work? Is it sellable? Who is going to pay money? Tony Raven also suggests one take advice from the surroundings, find a mentor, establish coaching and connections. Last but not least, you would need management skills, possibly even from outside.

Neil MacMullen also highlighted the importance of a good management team. Gary Hanson noted portfolio sales, the CEO and the importance of access to brainpower. Peter

VC RoundableThe Panel

Peter Cox, Managing Associate, SNR DentonTony Raven, CEO, Cambridge Enterprise

Gary Hanson, Partner, BDONeil MacMullen, Co-Founder, Neul

The panel was be moderated by Andrew Harris, Partner, SNR Denton

The meeting focused on how to start and develop a company and was followed by Q&A session and networking.

Investing in Technology in the Current Financial Climate

Tony Raven stated that in recent years there has been a decline in the investment in start-ups in the UK from 160M to 45M. The reason is that it has become more difficult to attract initial funding. Venture capitalists (VCs) prefer to come into play at later stages of a company’s development. The trend appears to be global, with the biotech sector being most ‘difficult’ for VCs, despite the fact that pharma is undergoing crisis and is interested in biotech start-ups as part of its remedy.

Initial Cash Investment

So where to seek initial investment? Tony Raven suggests two sources of initial investment in the current financial climate – one being personal contacts such as friends and family and the other being consultancy. Neil MacMullen has noticed that while consultancy is a good way to fund the start-up it can be hard to switch from consultancy to start-up and he himself raised money through personal contacts. One should also consider Angels and VC investors: not only would they bring money but also connections and expertise, as Peter Cox and Andrew Harris pointed out. However, one should remember that it is hardly possible to commercialize technology with no money and

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Cultural Aspects Affect Investment Climate

There are differences in the investment climate between USA and UK. These differences can be - at least in part – accounted for by cultural difference. For example, as Andrew Harris mentioned, USA is not afraid of failure. Banks are not put off by previously unsuccessful experiences of the applicants. They believe such applicants are particularly determined and will try harder. Also, VC investment is more developed in USA and there is also corporate venturing. Another difference is the preferred form of deals: in the UK the preferred form of deals is shares as Andrew Harris noted.

Cambridge Entrepreneurship Climate

During the Q&A session the audience had an opportunity to discuss the entrepreneurship climate in Cambridge. Admittedly, Cambridge is in the front line in Europe with regard to the concentration of high-tech companies: there are currently two 10 billion companies and 1500 high tech companies in total. However, there is also some space for improvements. Despite the fact that newcomers are willing to sacrifice in order to join the Cambridge knowledge base and networks, the infrastructure is still an issue, even though this does not cause a skills shortage. Another issue, as Neil MacMullen pointed out is the fact that innovators do not always recognize the value of good sales and marketing people. As one of the participants from the audience noticed, visionary marketing professionals can be crucial for the commercialization of a new technology - tablet computers being one of the best examples in this regard. Tony Raven agreed that there is demand for visionary salespeople with knowledge of both psychology and technology.

Cox suggests being flexible with management from investors.

Finding trust with Angel Investors; Gary Hanson says that if you are lucky, Angel investors would have a spokesperson. If the size of the group is 20-30 there will be 2-3 representatives on the board. Tony Raven warns one should expect operations intervention. Andrew Harris gives advice to pay attention to trust bridges and legal aspects.

What do investors want to know? Investors would be willing to know about arrangements with regard to share as was pointed out by Peter Cox. Andrew Harris added that other aspects, investors would be interested to know, are house-keeping information, preferential rights of investors, shares disposure and any exits and management changes. Gary Hanson highlighted the importance of intellectual property (IP) issues at the point of exit, especially if the product was further developed. Peter Cox defined term sheets as a summary of main terms of the deal and pointed out that the wording is important - make sure they work for you.

What is a good investor leaver? Gary Hanson says: Cash is key. Cash flow is particularly important at the initial stages of company development when the sales are not stable and it is difficult to keep in a positive cash flow regime. As Tony Raven noted, the faster you grow the more likely you to go bust. Thus when deciding on the type of preferred shares, choose fixed coupons, recommends Andrew Harris. Money is not taken out, it is constantly reinvested.

Investor’s preferences affect the company. Andrew Harris warns: Be prepared for tough deals. For instance, as Neil MacMullen noted, investors might ask to change the partner. With this regard Neil recommends to have multiple sources – then you are more flexible. Peter Cox also underlined the importance of a good team: Get the right team around you.

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The Right Time to Start a Business

Another interesting question from the audience was about difficulties with attracting initial investments: Is it because VCs see a small number of enquiries? Andrew Harris answered the question by saying that VC has steadily fled in recent times for quality propositions. Meanwhile, definitions of quality changed, noted Gary Hanson, and a number of opportunities have been growing. So is it a question of quality or number of opportunities? Neil MacMullen said that recession is supposed to be the best time for enterprise. However, paradoxically, investors pull out. Tony Raven added that recession, also, is the time when enterprise appears. In good times one should expect high competition which can inhibit some start-ups. Tony Raven pointed out that many successful companies were set up in times of recession.

The Geography of Start-Ups and Investors

Gary Hanson mentioned that the USA invests in healthcare and medical devices businesses in the UK as well as in Russia and China - and in some other technologies in the UK also. Peter Cox added that Germany invests in the banking sector and Scandinavia invests in start-ups although in much smaller volumes than the UK or USA. Due to the fast-paced nature of high-tech business and global connectivity, most countries want to invest close to home.

Medic Mobile Team wins at first Humanitarian Centre-CUTEC Global

Health Hack Day

Cambridge, 28 March 2012 – After a highly successful first Global Health Hack Day organised by the Humanitarian Centre and the Cambridge University Technology and Enterprise Club (CUTEC), a team of students working with appropriate technology company Medic Mobile has won the chance to develop their project at the forthcoming Idea Transform weekend event on 20-22 April 2012.

Medic Mobile uses mobile communication technologies to improve the health of underserved and disconnected communities. It achieves this by providing on the ground means of capturing patient information using low cost mobile phones containing specially adapted network independent SIM card applications. The student team were challenged to identify at least one approach for improving the accuracy or efficiency of ID capture and present evidence that their approach was feasible.

The students, Shruti Badwar, Mariya Chhatriwala and Toby Norman, spent a week working on the problem, coming up with a fingerprint ID system that was praised by the judges for being easy to deploy to the over 10 million community health volunteers operating in the developing world, for whom a mobile phone is now an essential tool. They will further develop the project at the Idea Transform weekend, which has been created to support innovative ideas that can benefit and improve society.

“Thanks to the energy and enthusiasm of the students, the support of the companies involved and the commitment of CUTEC and Idea Transform the inaugural Global Health Hack Day was a tremendous success,” said Anna-Joy Rickard, Director of the Humanitarian Centre. “The consistently high standard of the teams made choosing a winner incredibly difficult. We’re sure that the Medic

by Chris Measures at Idea Transform

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Mobile team will be able to further develop their project at the Idea Transform weekend, using the innovation they’ve already demonstrated to help deliver better healthcare to communities around the world.”

Held as part of this year’s Cambridge Science Festival the Global Health Hack Day was an exciting ‘open innovation‘ event that saw seven teams of bright, enterprising students presenting their solutions to real global health challenges in front of a panel of expert judges. As well as Medic Mobile the students worked with leading organisations including Addenbrooke’s Hospital, Costello Medical Consulting and the PHG Foundation.

Sim-Prints wins first Idea Transform Weekend with

innovative healthcare biometrics project

Over 100 people work on projects to change the world at Cambridge event

Cambridge, 23 April 2012: Sim-Prints took the overall prize at the first Idea Transform weekend for its mobile phone-based biometrics project which allows healthcare workers to collect and check patient information in the developing world. Aimed at supporting and accelerating projects that benefit and improve society, over 100 people attended the intensive weekend event, held in Cambridge between 20-22 April 2012, including speakers, mentors and judges representing Raspberry Pi, Research in Motion/BlackBerry, Springboard, Amadeus Capital Partners and the University of Cambridge’s Centre for Entrepreneurial Learning (CfEL).

Sponsored and supported by ARM, Red Gate Software and ideaSpace Enterprise Accelerator, the event saw teams pitch and work together on projects in healthcare, education, community and the environment, aided by an experienced group of mentors.

As well as the overall prize, category winners from the 26 ideas pitched were

Education: Imvoto, a teacher-developed system for improving maths lessons by using mobile devices

Healthcare: Sim-PrintsCommunity: ITAS, a project to create a new service

to combine the convenience of taxis with the economy of public transport

Environment: Ampium, new technology to charge electric vehicles while they are driving

Sim-Prints will benefit from three months membership at the ideaSpace Enterprise Accelerator co-working and networking facility, while all category winners will benefit from ongoing mentoring via the team at Startup Masterclass and Cambridge Resolution as well as the chance to attend next weekend’s Silicon Milkround Cambridge. Additionally, two unnamed category winners won the chance to pitch for funding from Cambridge Angels. A special prize for mobile innovation sponsored by Research in Motion, saw Imvoto win BlackBerry PlayBooks.

These were then judged by an international judging panel of investor Peter Cowley, Mark Cheverton of Red Gate Software, David Gill of St John’s Innovation Centre, Stephen O’Brien of Research in Motion, Hugh Parnell of Cambridge Cleantech, environmental consultant Ian Tod and Paul Smith of Eventility/CamCreative.

“We started Idea Transform with a desire to unlock and support innovative ideas that can really make a difference to society,” said Chris Measures, co-founder, Idea Transform. “However we were blown away by the diversity of projects, the commitment of the attendees and teams and what they managed to achieve in just a single weekend. We’ve convinced that many of them can go on to change the world for the better.”

by Chris Measures at Idea Transform

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Sim-Prints is based on the winning project from the Global Health Hack Day held by the Humanitarian Centre and CUTEC in March 2012. The winners of that competition, Shruti Badwar, Mariya Chhatriwala and Toby Norman, won places at Idea Transform and were joined for the weekend by James Crosby, Marcos Ikegame and Gail Mayhew in the winning entry.

“At Idea Transform we’re incredibly grateful for the support and help we’ve received from companies and individuals who’ve both provided sponsorship and given up their time to mentor, judge and speak over the course of the weekend,” added Jeremy Parsons, co-founder, Idea Transform. “We’d particularly like to thank our partners – ARM, Red Gate Software, ideaSpace and the Centre for Entrepreneurial Learning for their backing, and to all the volunteers that gave up their time to make the event run

Innovation, ideas and technology now have the ability to make a difference, delivering real, long-term change across the globe. Cambridge-based Idea Transform has been created to empower the meaningful entrepreneurs driving this change through events, mentoring and targeted support. Backed by the University of Cambridge’s Centre for Entrepreneurial Learning (CfEL) it aims to inspire meaningful projects, from Cambridge and beyond, in areas as diverse as education, health, finance, community and the environment.

The first Idea Transform event was held between 20-22 April 2012 at the Judge Business School, Cambridge. Open to all, brought together people with innovative ideas and those with the skills they needed to develop meaningful projects over the course of the weekend. Supported by experienced mentors and high profile keynote speakers it helped identify promising projects, which will now receive the ongoing backing they need to develop and flourish.

For more information please visitwww.ideatransform.org, follow us on twitter (@ideatransform) or email [email protected]

so smoothly.”

Keynote speakers for the weekend were Billy Boyle, co-founder of sensor company Owlstone Nanotech, Jack Lang, serial entrepreneur and Raspberry Pi trustee, Dr Ward Hills, CEO of medical monitoring company Pneumacare , Alex van Someren of Amadeus Capital Partners and Jon Bradford of Springboard.

“What’s really exciting about Idea Transform is that there’s a real will amongst all the teams that took part to carry on and turn their ideas into reality,” said Mauro Ciaccio, co-founder, Idea Transform. “The combination of the prizes of ongoing mentoring, the chance to pitch for funding and membership at ideaSpace for the winners shows Idea Transform’s commitment to support these projects and help them succeed.”

About Idea Transform

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Sponsors

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A big THANK-YOU to all our sponsors!Your generous support enables CUTEC to run a vast range of events, giving budding entrepreneurs the opportunity to develop and network in an interactive and supportive environment within the fervent Cambridge

ecosystem.

Gold sponsors

SNR Denton is an international law firm with offices in 60 locations in 43 countries. With a focus on eight industry sectors: Technology, Media and Telecommunications; Manufacturing; Energy, Transport and Infrastructure; Financial Institutions and Funds; Government; Insurance; Real Estate, Retail and Hotels; and Health and Life Sciences, we advise a wide range of clients on a broad spectrum of commercial matters. Our global Technology, Media and Telecommunications team is highly regarded for its wealth of experience and cutting-edge legal advice.

The ESPRC are the main UK government agency for funding research and training in engineering and the physical sciences, investing around £740 million a year in a broad range of subjects – from mathematics to materials science, and from information technology to structural engineering. In 2007/08 the University of Cambridge received dedicated funds from the EPSRC to support entrepreneurial training activities for postgraduates and research students.

In the world of biologics, MedImmune has established itself as a true visionary, with one of the most robust pipelines in the biopharmaceutical industry. From groundbreaking research and development, to state-of-the-art manufacturing, to product commercialization, every day MedImmune is touching lives. MedImmune is proudly united by the spirit of innovation, the heart of inspiration, and the strength of integration, as it advances science for better health.

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Headquartered in Cambridge and employing 2,000 people worldwide, ARM is the world’s leading semiconductor intellectual property supplier. It designs the technology that is at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM’s comprehensive product offering includes 32-bit RISC microprocessors, graphics processors, video engines, enabling software, cell libraries, embedded memories, high-speed connectivity products, peripherals and development tools.

ITRM is a privately owned IT services company who provide technical solutions for all your business needs. Formed in 1999, we take a dynamic approach to delivering the best possible service to our customers. Our objective from the outset has been to build strong relationships with clients based upon honesty and diligence. Our solutions will both support and transform your business.

Blendology is an interactive event solutions company that has developed simple tap to connect devices and applications that enable brand managers and event organisers to connect, engage and interact with people at events, build online communities and get a greater return from their marketing spend. Blendology’s unique devices allow users to make real-life connections and extend online networks, and the Manager Platform provides valuable information to monitor, analyse and measure campaign success. Blendology’s event solutions include ProJoGroup, designed specifically for the professional conference and exhibition market, and SoJoLife which is targeted at large scale social gatherings such as live performances, sporting and hospitality events. Blendology’s patented tap devices and applications are enabling businesses and Brands to tap the potential of real-life and online social networking to build customer relationships and increase profitability. For more information on Blendology’s solutions, visit www.blendology.com.

Silver sponsors

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Cambridge Enterprise is a wholly owned subsidiary of the University of Cambridge, responsible for the commercialisation of University intellectual property. Cambridge Enterprise provides access to angel and early stage capital through the Cambridge Enterprise Seed Funds and Cambridge Enterprise Venture Partners, and offers business planning, mentoring, and other related programmes. Over the past four years, income from licensing, consultancy and equity transactions exceeded £37 million, of which £30 million represents distributions to University departments and academics.

Memorable Domains specialises in the sale of top quality generic domain names, covering an inventory of 5,000+ names covers over 200 topics.

DestaniePR brings a unique approach to Public Relations and Marketing Communications to the high technology sector: Effective, Integrated, Uncomplicated, Flexible, Adaptable and Entrepreneurial Founded in 2003, DestaniePR benefits from extensive experience and relationships established within the telecommunications industry and entrepreneurial spirit. Employing an integrated approach with Clients, DestaniePR is able to consistently deliver effective results and remain adaptable to changing requirements. And because no two companies are alike and needs change during the evolution of a company, DestaniePR offers an uncomplicated, flexible and cost effective way to meet your PR and Marketing Communication needs. DestaniePR offers a wide range of marketing communication services including; message development, PR and communications plans, drafting press releases, global media and analyst outreach, press briefings/conferences/tours, speaking opportunities, pitching articles, global exhibition project management, generation of sales, marketing and technical collateral, website development, market research and competitor intelligence.

Bronze sponsors

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Cambridge Network was founded in 1998 and has tremendous experience and knowledge of innovation and business within Cambridge. We work with companies that have created technologies and products that have changed markets worldwide. Many industry-leading businesses were started in Cambridge and still have their worldwide HQs here. With this strong history for excellence many companies (such as Pfizer, PA Consulting, Unilever et al) have offices in and around Cambridge, making the city a vibrant and dynamic place for academic and business excellence. Recruitment Gateway is the only single source for all graduate employment and internship opportunities across the city and Silicon Fen.

Mathys & Squire LLP is a full service Intellectual Property Law firm, established over 100 years, and dedicated to protecting and maximising the value of your technologies, brands and designs. Our patent and trade mark attorneys have considerable long-term experience working with universities and other research institutions, entrepreneurs, spin-outs and start-up companies, as well as larger corporate clients from around the world. We work across a number of specialist technical disciplines including Information Technology and Communications, Nanotechnology and Materials, and Energy and Environmental Technology.

Boutique corporate advisory and fund raising firm specialised in technology start-up companies. We back you as you prepare for the next steps. We are an accessible team of professionals with intercontinental experience and expert know-how in a range of finance and technology specialisms relevant to raising venture capital for your technology businesses.

BIQ Partners is a Cambridge based organisation specialised in fine-tuning business performance for SMEs. Through effective and proven strategies, our team provides solutions for Sales performance, Marketing strategy and Business Management. BIQ Partners helps good businesses become great businesses by filling small but important gaps and raising the bar.

Other sponsors

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Conference Cambridge the free, official venue-finding service for the University of Cambridge and the Colleges. We offer a choice of 36 architecturally stunning venues, from state-of-the-art meeting and training spaces, to ancient College halls and intimate oak-paneled, candle-lit dining rooms, as well as acres of outside space and magnificent gardens available all year round. In vacation periods we can also offer 7500 bedrooms, with more than 3000 en suite, for residential events, summer schools, group travel and even bed & breakfast. Time-saving and easy to use enquiry service; expert, helpful and knowledgeable staff; free administration service for large events using more than one venue; event support services network; Cambridge Ambassador Programme offering extensive support to University members who are who are considering making a bid to bring their association conference to Cambridge.

Polysolar is an awarding winning Cambridge technology company developing and manufacturing revolutionary transparent solar PV glazing for building integrated applications. The company currently produces a unique translucent a-Si glass laminate module for windows, facades and roofing structures that offer only a marginal additional cost over conventional cladding materials while offering the multiple benefits of thermal glass and power generation. Polysolar is also a world leader in the development of next generation photovoltaic materials based on polymers and is developing in collaboration with Plkington and Solvay a power generating window to replace conventional window glass.

Mobile Event Guide brings conference and trade fair catalogues directly to smart phones and tablet PCs. The mobile solution saves time and printing costs while offering new advertising opportunities for exhibitors. We are dedicated to our vision of a mobile future: a future defined by incredible devices and applications, empowering users to manage their lives anywhere by mere tap of the finger. With iOS, Android, BlackBerry, Tablets and a mobile website we are able to reach 100 % of all internet capable mobile phones.

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We offer bespoke, start-to-finish event management services in the Cambridge region. Cambridge Event Management like to be proactive, and as an evolving company we are constantly looking for innovative and creative events to be developed and to internationally enhance Cambridge as a major business destination. By developing new concepts and continually monitoring new trends, we are able to offer something different and cater for your requirements. Our experienced and passionate team thrives on meeting and exceeding our clients’ business expectations. Cambridge Event Management creates events that get people thinking and talking.

Online platform to make Students’ life easier. Don’t get on a stew, log on StuStu!

Minuteman Press is a fast reaction printing and graphic design company based in the heart of Cambridge. We operate the most modern technology, capable of delivering high quality, low to medium print volumes; all at a cost effective price. Our product offering includes printing items such as business cards, flyers, newsletters and booklets. Minuteman Press has also gained a first class reputation within the Colleges, business schools and conferencing arena. We are able to operate to short deadlines which is often the case with these sectors. So if you are looking for presentation packs, coarse guides or any other type of conference material; call us we can help.

Steam Projects are an established Cambridge based multimedia; video and software development company. We create innovative interactive digital communication solutions, for desktop and mobile devices. Working for a wide range of clients, on solutions from internal communication, e-learning/training to interactive exhibition attracts. We are currently working on a new platform for conference material delivery on iPhone and iPad and are excited to be supporting CUTEC 2012.

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2009-2010 MembersArnoud Groen, Andrew Marin, Shreyas Mukund, Orsi Ihasz

2010-2011 MembersJonas Gissel Mikkelsen, Lukasz Mlodyszewski, Philipp von Bieberstein, Ignas Budvytis

CUTEC AlumniAll members through 2012, with special thanks to Jason Pinto

Cambridge University SupportGraduate Union

Judge Business SchoolChemistry Department

Engineering DepartmentIdeaspace

Centre for Entrepreneurial Learning

Founding AdvisorsMichael S. Cann Jr. and Jason Fuller

Professional Team AdvisorsJason Pinto (Investment)Jon Bradford (Mentoring)

Jeremy Parsons (Innovation)Ted Dewhurst (Innovation)Luca Senatore (Marketing)

Massimo Gaetani (Team Building)Stew McTavish (Mentoring)Charles Cotton (Mentoring)

Chris Measures (PR)James Cotton (Marketing)

Mike Scialom (External Relations)Hugh Parnell (Sponsorship Team)

Andrey Kessel (Mentoring)

CUTEC and TVC WebsitesAndriy Gordiychuk, Cedric Deur, ITRM

Booklet DesignJerome Joaug, Kate Parashina

Press ArticlesWomen in Entrepreneurship - Alessandra Caggiano, Marta Lapsley, Liz Williams, Ivan Mazour

CUTEC Inaugural Event - Samantha DsouzaCUTEC-SNR Denton VC Roundtable - Katya Bichel

Global Health Hack Day – Neil Rzechorzek, Daniel TomlinsonBusiness Surgeries – Neil Rzechorzek, Ivan Mazour

Bright Sparks try to Discover Next Big Thing in Technology – Mike Scialom, Cambridge NewsTVC2012 in the city of angels – Mike Scialom, Cambridge Business

innovation in an uncertain world

Documents

future innovation

technology professionals

themed innovation

edge innovation

innovation trends

years conference

executive committee

future economies