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
Investors expectations for research based innovation, Host Claes Mikko Nilsen, NordicNinja VC
What health investors are looking for? Hosts Alexandra Gylfe, Nordic Science Investments and Pekka Simula, Innovestor Life Science
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
What does a successful team look like, Host Pontus Stråhlman, Voima Ventures
IPR strategy for a research based startup, Host Mika Laajalahti, Berggren Oy
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
Funding capital intensive innovation, Host Pia Lemmetyinen, Tesi
What are good health startups made of? Host Tuomas Tenkanen, serial entrepreneur and angel investor
14:20 Pitching session
15:00 Networking and snacks
15:45 Closing
Deadline for pitching requests is 22th May. We will inform the teams who are chosen to pitch in the event after the pitching registration has been closed.
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.
