There’s much talk about the new Aalto University in Finland, which is what came out when Helsinki School of Economics, Helsinki University of Technology and Helsinki University of Art and Design were molded into one school to rule them all. A lot of potential I’m sure, but wait, there’s more!
There’s a new kid in town. Many of our readers felt the waves from Aalto Entrepreneur Society last year. The student group headed by Kristo Ovaska hasn’t been resting on their laurels. Now they are coming with a new Y Combinator-esque university accelerator program, Aalto Bootcamp. It’s a five week program for students and researchers to get a feel for the joys of entrepreneurship and build a company. And yes, become a bona fide entrepreneur.
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Earlier this month we had an ArcticEvening about startup financing and investments. The event was a success and a lot of topics were covered in general, but one area that could have been discussed more is the venture capital market at large and how it is changing – or is it?
Many blogs and online media sources, especially, have mentioned that during times of economic hardship innovation tends to flourish as talented people are laid off, or otherwise take the bait for entrepreneurship. Furthermore, large corporations that usually dominate the markets cut down on investments in order to cut down on expenses to keep the companies solvent and this gives excellent possibilities for startups to take market share.
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Editorial note: We’re publishing Kristoffer’s report from Seedcamp as they made it to the semi-finals for screening. Depending on the feedback we’ll see if we should make this a habit in the future as well. Please let us know in the comments. Thanks to Kristoffer for an excellent report!
On the left two founders from Uniki, Teemu and Tuomas from Scred and Adil and Anthony from Entrip.
Last week we got fantastic news. Scred had been shortlisted as one of only about 40 companies to be interviewed by Seedcamp’s distinguished panel — a group of prestigious international VCs. Considering that several hundred companies, from all around Europe (and even some from outside) had applied, this was huge for us. In fact Scred is the first Finnish company to make it that far, and was one of only two Nordic companies present.
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