Student Entrepreneurship at LERU member universities

Amsterdam

See page 2

Cambridge

See pages 3 - 7

Freiburg

See page 8

KU Leuven

http://www.lcie.be/en

Imperial College London

http://www3.imperial.ac.uk/enterprise

http://www.imperial.ac.uk/study/pg/graduate-school/enterprise-and-entrepreneurship-project/

http://www3.imperial.ac.uk/newsandeventspggrp/imperialcollege/newssummary/news_22-4-2015-

17-59-34

http://imperialcreatelab.com/

http://www.imperial.ac.uk/study/pg/graduate-school/enterprise-and-entrepreneurship-

project/training/social-enterprise/

http://www3.imperial.ac.uk/entrepreneurship

http://www.myscience.org.uk/wire/imperial_entrepreneurs_come_out_top_at_the_palace-2015-

imperial

http://www.imperialinnovations.co.uk/

UCL

http://www.ucl.ac.uk/global-citizenship/programme/second-final-year

Lund

See pages 9 - 13

Oxford

See pages 14 - 25

Entrepreneurship and Innovation in Amsterdam University Science Teaching JB Goedkoop, Faculty of Science, University of Amsterdam Within the University of Amsterdam, Entrepreneurship and Innovation are educational themes that are rapidly developing, stimulated by the Amsterdam Center for Entrepreneurship (ACE). ACE offers a three pronged program: a 30 EC minor program in Entrepreneurship, a one year MSc program and a 1 week summer school in which students can convert an idea into a business plan through boot camp sessions. ACE Venture Lab organizes the Amsterdam Science & Innovation Award to stimulate valorization of research results. In my contribution I will highlight this programme, but also will report on the current developments in the Faculty of Science of the University of Amsterdam (UvA), which offers courses and programmes in almost all aspects of the Exact, Information and Life sciences, characterized by strong interdisciplinary collaborations with other faculties such as Medicine and Psychology. For Science Master students with entrepreneurial interests we have developed the innovative 30 EC Tesla minor. Tesla coaxes students out of their comfort zone by engaging them to work out a complex challenge for a company or societal organization. In this way not only their disciplinary research skills are addressed, but also new personal skills are developed. The Tesla workshops and trainings include: Theatre, Storytelling, Visual thinking, Efficient meetings, Project Management, Communication, Project Planning, Sales, and much more. Furthermore, the Science Faculties of the University of Amsterdam and the Free University (VU) are in the midst of an intensive collaboration effort in both research and education. One of the benefits of the collaboration is that Science Bachelor students interested in working in an innovation setting can enroll in the Science, Business and Innovation Bachelor programme at VU, which also offers a 30 EC minor open for UvA students.

These initiatives provide an effective way to introduce the entrepreneurship “feeling” to Science students and to connect the academic environment more strongly with business and society.

1) http://www.ace-amsterdam.org/en/home/ 2) http://www.teslaminor.nl/

1

I.E.C.T. Hermann HauserInternational Entrepreneurship-Center Tirol

we produce successful entrepreneurs

Alpbach Summer School on Entrepreneurship 2015

how to turn ideas into reality

Developed and supported by Co-organized by

32

What is the idea of Alpbach Summer School?

Europe’s labour market is undergoing dramatic changes. A wave of technological innovations and a rise in global competition is transforming whole sectors of our economy. Also Europe suffers under a faltering economy. Encouraging and fostering individual entrepreneurship is one answer to creating new employment opportunities in Europe and have positive influence on the economic development. Therefore it is necessary to provide an inspiring and encouraging setting for ambitious people with innovative ideas. The European Forum Alpbach is always at the forefront of empowering young people to take on new challenges and is thus launching the Alpbach Summer School on Entrepre-neurship.

Who are the organizers of this programme?

The Alpbach Summer School is jointly organised by the International Entrepreneurship Center Tirol (I.E.C.T.) – Hermann Hauser in cooperation with the Centre for Entrepreneurial Learning at Cambridge Judge Business School, University of Cambridge – and the European Forum Alpbach.

When is it?

Alpbach Summer School on Entrepreneurship 2015 will run from the 19th to the 24th of August 2015. For more detailed information please see the timetable.

Who is it for?

The overall aim of the Summer School is to coach young researchers on how to assess the commercial viability of their research and develop plans for new venture creation with global potential. The target group of the Summer School are Ph. D. or Post-Doc students and researchers from the fields of technology, advanced engineering, science and mathematics, ideally from equal parts from Tyrol, Austria and Europe in order to ensure follow up mentoring after the Summer School.

What are your benefits?

The Summer School focuses on the development of winning action plans for innovative ideas. The programme comprises keynote and practical teaching sessions, interactive workshops and tailored support through professional coaching and expert clinics. The contributors are experienced trainers, entrepreneurs and innovators who have perfected their methodology of coaching start-ups over more than ten years in the Cambridge Network – one of the world’s leading technology clusters.

• Gain the inspiration, motivation and tools required to take the next steps in terms of commercializing ideas and progressing a global business• Understand the process of taking novel technologies to market• Determining the best business models and marketing strategy to commercial a new idea • Have a great week of thinking time to accelerate your ideas, develop key entrepreneurial skills and contacts to exploit new ideas in response to customer needs more effectively• Meet and experience global mentoring from senior entrepreneurs • Be a part of a vibrant, like-minded community • Improve social networking skills and the ability to pitch an idea

How to apply?

Applications have to reach the European Forum Alpbach by May 8th 2015 and be submitted digitally to the following e-mail: summerschools@alpbach.org and carry the subject heading “Entrepreneurship Summer School Application”. Prepare the following documents:

• Please fill out the request for participation form (pdf) You will find the request for participation online: http://www.alpbach.org/entrepreneurship• Approval of your supervisor concerning your IP• Motivation Statement (1 page) Curriculum Vitae (1 page)• A short description of your project idea (1 page). Your idea should have the potential of commercialization, please describe this point in your application.• Optional: Letter of recommendation

54

Alpbach Summer School on Entrepreneurship 2015

Timetable

General information about ...

...the selection criteriaFuture entrepreneurs will be recruited on the quality of their application and those shortlisted by a telephone interview. The project will be assessed in terms of innovation, novelty and sustainability. The project idea descriptions will be also measured with the help of the Technology Readiness Level (TRL) 2-4. The NASA TRL defines the stages of technological development of a project. The Technology Readiness Levels 2-4 reassess the research to prove the feasibility of a technology.

... the requirementsThe Summer School addresses itself to researchers, who want to commercialize or transfer their high scientific ideas and have experience in the fields of technology, advanced engineering, science or mathematics.Candidates should possess an ambitious and energetic mindset and be settled in Europe, preferably in German speaking regions. Fluency in English is a must.Applicants currently in pre-start-up stage/initial stage are in no need of a business plan.

... the feesThe number of participants is limited to 20 outstanding young researchers. The overall fees amount to EUR 3.000,- .One share of the costs is a scholarship for participants which is provided by the International Entrepreneurship Center Tirol (I.E.C.T.) – Hermann Hauser with the value of EUR 1.300,- per Person.The participants have to cover the rest of the fees amounting to EUR 1.700,- at their own expenses or generate further sponsorships from their institutions. The fees cover participation and accommodation, excluding travel costs or daily allowances.

...the locationThe Alpbach Summer School takes place at the European Forum Alpbach.Adress: Europäisches Forum Alpbach, Congress Centrum Alpbach, A-6236 Alpbach 246

Opening of Summer School in Alpbach

Global vision and Entrepreneurial ambitionMatching your goals with that of the business idea; Testing the readiness of your technology for global market needs, starting to dive deep into assessing how competitive your technology is against rival solutions.Creativity session to start to define the market/technology fit

Markets and MarketingWhere are the opportunities for your technology?How to define the product and opportunity? What do customers need? Why will they buy? The actual market versus potential markets?Identify market segments and compelling needs. How to assess the market size and customer needs? Understanding competing solutions.

Business Models for CommercialisationReviewing the range of business models for commercialisation.How to determine the best business model for your needs.Clarifying your value proposition. What is the revenue model and profit formula? Define the routes to the market and develop intellectual property strategy and basics.

Resources needed for the VenturesHow to prepare basic financials? How will you finance the early stages of the venture?Develop a financing strategy.What kind of team will you need to form? Advisors, strategic and operational expertise, leadership etc.,How will you manage the equity split in your venture between the founders and later with investors.

Selling your ideaHow to deliver a compelling “pitch” to attract team members, customers and investors?Prepare and practise your pitch.

Presentations and Poster sessionsMaking presentations to senior entrepreneurs, investors and other invited guests.Preparing posters to share across the community. Those judged to be closest to the market with their ideas will have further opportunities indicated on this final day for additional support, programmes and international exposure.

Gala finish

19 Aug

20 Aug

21 Aug

22 Aug

23 Aug

24 Aug

6

Contact

Alpbach Summer School on Entrepreneurship 2015I.E.C.T. – Hermann Hauser

Magdalena Hauser mh@iect.at

Alpbach Summer School Partners

eine Initiative von sozialesWÖRGL

In cooperation with Wirtschaftskammer Tirol

Albert-Ludwigs-Universität Freiburg

Meeting of the LERU Vice-Rectors for Learning and Teaching

2 - 3 June 2015, Lund University

Short Summary “Student Entrepreneurship” at the University of Freiburg

Encouraging Students to Become Entrepreneurs

The University of Freiburg’s strategy plan “Windows for Entrepreneurship” aims to build up a university-wide

culture of entrepreneurship that addresses all members of the university, from student to scientist to service

staff members. Main program lines are Awareness raising and mobilization for entrepreneurial thinking and

acting and a modular target-group-specific entrepreneurship teaching and qualification program.

No matter if they are working as a freelancer, founding their own company or working as a dedicated member

in a firm: When students enter the workforce the will benefit from having entrepreneurial expertise. The

University is strongly encouraging students to gain this know-how by holding several opportunities available.

The founding academy (Gründungs-Akademie) at the Center for Key Qualifications (ZfS) offers students

several entrepreneurial modules with relevance for credit points. Students can learn how to make a business

plan and how to realize their own ideas, how to act entrepreneurial and – in a computer-based learning unit -

lead a company. The founders’ office (Gründungs-Büro) is also organizing a regular lecture “Entrepreneurship

– Possible Ways to Self-Employment”, which takes place at a different faculty of the University of Freiburg

every summer semester switching between technical and arts faculties. Furthermore, every student is eligible

to visit the founders’ office and get advice on how to make a business idea reality.

Postadress xxxx Besöksadress xxxx Telefon xxxx, 046-222 00 00 Fax xxxx E-post xxxx Webbadress xxxx

Sekt ionen Forskning, Samverkan, Innovat ion

Ceci l ia Gagné, u t redare

Svar från LU

1. Venturelab 2. Sten K. Johnson Centre for Entrepreneurship at Lund University 3. Centre for innovation, research and competence in the learning economy

- Lund University - CIRCLE 4. Leapfrogs

1. Venturelab 1

VentureLab is one of the university's activities for stimulating entrepreneurship and for supporting and helping the students and recent graduates who are considering starting their own business. 2 VentureLab started in 2001 and is located at Ideon Science Park in Lund. The incubators here are part of the innovation system in Lund which makes a strong incubator cluster.3 VentureLab offers free and confidential counseling, lectures and seminars and free office space for student companies for one year. VentureLab is available to all students, no matter what program you study and no matter how far you have come in your studies. It houses about 50 incubator companies - students who want to develop an idea. Below you find examples of tenants at VentureLab during 2014. All of the tenants are student run start-ups. None of the tenants have any employees, although they 1 http://www.venturelab.lu.se/en/ 2 Ideon Science Park is a meeting place for visionaries, entrepreneurs and for venture capital primarily in the fields of Information and Communication Technology, Life Science and Cleantech. At present, Ideon has 120,000 square metres of office space and about 350 companies operate here, employing more than 2,700 people. Ideon is run by Wihlborgs real estates AB, Lund University and Lund Municipality 3 www.ideon.se/inkubatorer

2015 05 19

1

2

are between 1-4 founders per start-up. It is very rare for our tenants to have any turnover at all.

Mirror music, Boothie, Sensative, Metamin, Beast & me, Spektronix, L1 webbkommunikation, Lund Academics, LuvSolar, Isolina Property Branding, Erghis Technologie.

3

2. Sten K. Johnson Centre for Entrepreneurship at Lund University4

Sten K. Johnson Centre for Entrepreneurship is established at Lund University’s school of Economics and Management. In the framework of Sten K. Johnson’s Centre the School of Economics offers two one-year programs at Master’s level: Entrepreneurship - New Venture Creation http://www.lusem.lu.se/study/masters/entrepreneurship.nvcr/overview Entrepreneurship - Corporate Entrepreneurship and Innovation http://www.lusem.lu.se/study/masters/entrepreneurship.cein/overview The Centre for Entrepreneurship emphasizes the educational and pedagogical basis. It is realized by providing research based education in, about and for entrepreneurship targeting national and international stakeholders, including students from all faculties and educational levels, as well as external partners. The learning approach is action-oriented based on three interacting parts: Action, Theory and Experience in current research within the field. Action is a central aspect as well as reflection to bring the projects into reality. The action-oriented learning approach also benefits from the cooperation with units such as VentureLab, LU Innovation5, Ideon Innovation, Lund University Innovation Systems (LUIS)6. Lund University school of Economics and Management also offer course packages in Entrepreneurship at Bachelor's level with 15 credits and 30 credits. The courses comprise for example business administration with specialization in entrepreneurship and also components dealing with processes for establishing new businesses as well as for the development and growth of established companies.

4 http://www.entrepreneur.lu.se/en/about 5 http://www.luis.lu.se/en 6 http://www.luis.lu.se/en

4

3. Centre for innovation, research and competence in the learning economy - Lund University - CIRCLE7

CIRCLE is an interdisciplinary research center spanning several faculties at Lund University established in 2004. The research at CIRCLE is established around four platforms: Economics of Innovation, Entrepreneurship and Innovation, Globalization of Innovation, and Innovation Systems and Innovation Policy. CIRCLE maintains a close link between research and education – especially on masters and post graduate levels – with the Social Science Faculty, the School of Economics and Management, and the Faculty of Engineering. CIRCLE has now reached a size to be able to act as a hub for innovation research at Lund University, to broaden the cooperation between CIRCLE and the rest of Lund University. The Faculty of Engineering offer courses at Master’s level at the specialization Business and Innovation composed of CIRCLE. These courses build on the CIRCLE core competences: entrepreneurship and innovation. The courses give the students practical knowledge about how to use different tools in the learning organization. Among other things students are provided with a fundamental knowledge of the phenomenon of innovation and innovation processes from the perspective of firms and organizations, and enabled to use basic theoretical and practical tools to understand and handle real-world innovation processes; technology development and innovation strategy, such as strategies for product development (goods and services).

7 http://www2.circle.lu.se/

5

5. Leapfrogs http://www.leapfrogs.se/ LeapFrog is an initiative by LU Innovation System (LUIS) available to students at Lund University, Malmö University, SLU Alnarp, Kristianstad University and Blekinge Technical university. Leapfrogs gives the student the opportunity to test an idea. You apply and in order to do a quality assessment of your application, you are asked to come for an interview to discuss your project. Leapfrogs offers 27 000 for full-time work on a project from June to August. In addition to financial support Leapfrogs also offers business development workshops in sales pitching and you get access to a valuable network.

Student entrepreneurship at Oxford University Review of current activities May 2015

Professor Sally Mapstone, PVC Education

• Innovation encompasses creative and lateral ways of thinking, connecting and problem-solving.

• It takes many forms, including academic research, entrepreneurial activity, social entrepreneurship and cultural engagement.

• Innovative students and researchers will exchange knowledge across disciplinary and institutional boundaries, and will adapt and incorporate ideas from other sectors, cultures, and times.

• They will take risks, and show leadership, in realising the latent potential of their intellectual capital.

Innovation review group – definition for Oxford

• Delegate to Divisions to apply what is appropriate

• Upskill academic staff

• Foster cross-functional collaboration

• Search for most effective mechanism

Innovation Review Group: Application at Oxford

Oxford students report feeling underprepared with enterprise skills

-80%

-60%

-40%

-20%

0%

20%

40%

60%Self management

Planning

Team working

Comms

Initiative

Leadership

Enterprise

Business awareness

How well prepared on each employability skill? Split by course level; measured by Net Promoter Score*

UG

PGT

PGR

Careers Service & OUSU survey; n=634 * Net Promoter Score: based on scale of 1-10. Scores of 1-6 valued at -1. score of 7 valued at 0, scores of 8-10 valued at +1. Mean net score shown on chart

Opportunities for Oxford students’ skill development

Oxford Entrepreneurs

Student Entrepreneur

(The Shed)

Social Enterprise

support programme

Student Consultancy

Internship Programme

Oxford Careers Network

Building a Business Course

Oxford Launchpad

Entrepreneurship Prortal

Examples of Oxford resources

• Entrepreneurship Portal Comprehensive overview of what’s available here at the University, including:

• Oxford Entrepreneurs Student society with events, networking, competitions, news, pitching, funding and learning opportunities

• The Student Entrepreneur (The Shed) Free individual business mentoring and 48hr ‘start up immersion’ events from The Careers Service

• Social Enterprise Support Programme Grants (£500, £5,000 and £15,000!), mentoring and training from Oxford Hub

• The Student Consultancy programme Term-time team experience supporting a local business or organisation with a strategic problem

• CareerConnect and The Internship Programme Find jobs or internships in related fields

• Oxford Careers Network Find alumni entrepreneur mentors

• Building A Business course Free 9 week lecture series at Said Business School, with podcasts and YouTube recordings of previous series available

• The Oxford Launchpad Entrepreneurial space and facilities at Said Business School, open to the whole Oxford community

Enterprise portal

Oxford Entrepreneurs – large student society

Social entrepreneurs are well supported too

Building a Business – 8 week course for UGs, PGs & researchers

Launchpad – a dedicated space to start a business