What do researchers need to know when commercializing their work into a venture-backed business? How do venture capitalists evaluate spin-offs, and what are the common pitfalls researchers make when leaping into the business world? And most importantly: how do you build a successful business once you're established?
Business Finland is proud to partner with Finnish VC firms for the 6th annual Science Startup day to answer exactly to those questions. We invite researchers across Finland to join us for a day of workshops, networking with VCs and peers, and a chance to refine your pitch.
This event is for teams who want to commercialize their research (e.g. R2B teams) and spin-offs from university or research organization, as well as for investors and growth startup talents.
Program
9:30 Coffee/tee
10:00 Welcoming words
Keynote speaker – Laura Juvonen, VTT Vice President Strategy
From R2B to market – Tommi Pätilä, founder, Koite Health Oy
Fireside chat with investos NordicNinja VC, Maki.vc and deep tech startup Onego Bio Ltd
Researcher Entrepreneur Award by Kaute foundation, Tuomas Olkku
Health360 program to support commercialization, Tarja Enala, Head of Health 360 Finland Program
Who is who - Short Investor introduction
11:00 Workshop session I “Establishing your company”
Financial sources for structuring a company, Host Paavo Räisänen, Maki.vc - space JETI
Investors expectations for research based innovation, Host Claes Mikko Nilsen, NordicNinja VC – space Mordor
What health investors are looking for? Hosts Alexandra Gylfe, Nordic Science Investments and Pekka Simula, Innovestor Life Science – space Startup Center
11:45 Lunch and networking
12:45 Workshop session II “Building your company”
Quick tips for startups – Financial planning & understanding cash flow, Host Erik Kolehmainen, Metsä Spring - JETI
What does a successful team look like, Host Pontus Stråhlman, Voima Ventures - Mordor
IPR strategy for a research based startup, Host Mika Laajalahti, Berggren Oy – Startup Center
13:35 Workshop session III “Preparing to scale”
Agreements and Due Diligence: VC term sheets 101 and Due Diligence issues, Hosts Jonathan Andersin, DLA Piper and Jaakko Lindgren, Dottir Law - Mordor
Funding capital intensive deep tech innovation, Hosts Pia Lemmetty and Klaus Majanen, Tesi - JETI
What are good health startups made of? Host Tuomas Tenkanen, serial entrepreneur and angel investor - Startup Center
14:20 Pitching session – JETI
- Next generation Arthritis Treatment, Johanna Huhtakangas, Kuopio University hospital
- RELIGHT, Pedro Camargo, University of Helsinki
- Innofend, Saana Soppela, Tampere University
- GIONIZE- Graphene-powered Ionization for precise static-E control, Aleksey Zolotukhin, University of Eastern Finland
- Ai-driven voice assistant, Timo Niskanen, Aalto university
- Bubbles with Benefits, Marke Tyrväinen, Aalto University
- Alkaline water electrolysis, Sampo Vilve, Lappeenranta-Lahti University of Technology
15:00 Networking and snacks
15:45 Closing
Welcome!
Science Startup Day is organized by Business Finland together with Voima Ventures, Butterfly Ventures, Nordic Food Tech VC, Maki.vc, Innovestor Life Science, Nordic Science Investments, Nordic Ninja VC, Metsä Spring, VTT Launchpad, Aalto Startup Center and Kaute foundation.
