Join the official launch of the new program Open Entrepreneurship at High Tech Summit on September 21 at DTU. The chair of Open Entrepreneurship, Dr. Ikhlaq Sidhu (SCET, UC Berkeley) will set the tone with his keynote in the startup track.
One significant fact that sets Open Entrepreneurship apart from other entrepreneurial programs is that the program is embedded directly in the cutting-edge research environments at the universities.
The program is funded by the Danish Industry Foundation. The aim is to create and capture as much value as possible of the research done at the participating universities by matching researchers with seasoned entrepreneurs, business angels, students and corporates. These professionals are invited directly into the lab environment and become co-founding team members for the research based spin-outs, typically in a role as CEO or co-founding board member.
“People and relations are important when you have to build bridges between knowledge and industry. The right people need to be involved when research has to be transformed to commercial success.”
Jes Broeng, Head of Open Entrepreneurship and professor at DTU Fotonik.
A primary goal is to establish more sustainable start-ups from university research. And in addition, to identify more opportunities for “spinning-in” technology into established companies. All serve the same goal: to create and capture value for the society.
Collaboration and international outlook
Open Entrepreneurship, is a collaboration between Aalborg University, Aarhus University, IT University of Copenhagen and Technical University of Denmark. The four universities will actively work together during the two-year pilot phase of the project, and test the underlying model for collaboration between the universities.
The program is anchored internally at DTU Fotonik, DTU Space and DTU Compute, where a newly hired Business Unit Manager, Michael Holbech, has started building relations to researchers and research teams. Further, the program is in close collaboration with the central DTU business development unit and DTU Skylab.
“An open environment is a key element for creating an innovative community.”
Dr. Ikhlaq Sidhu.
The International advisory board of Open Entrepreneurship ensures that the program is up to speed with the newest knowledge spreading from Silicon Valley to Hangzhou. The board consists of the following: Ikhlaq Sidhu, Faculty Director & Founder of Sutardja Center for Entrepreneurship & Technology at UC Berkeley (US), Shomit Ghose, Partner of ONSET Ventures, Palo Alto (US), Tapio Siik, Head of Aalto University Center of Entrepreneurship (FI) and Erik Forsberg, Director, International Business Development at INSIGMA, Zhejiang University (CN).
Project group of Open Entrepreneurship has just spent 10 days in the Bay Area (US), meeting with influencers and key players from UC Berkeley, Stanford, ICDK Silicon Valley and many more. The group bring home new knowledge and exciting new partners for future collaboration.
Change is here – get onboard!
Do you want to take part in Open Entrepreneurship? Be on the board of the next big research based start-up? Or just give back to the community and help upcoming entrepreneurs make their way into unknown land? Take part and be one of our Open Entrepreneurs or meet us at High Tech Summit Startup track on September 21.
Open Entrepreneurship also invites you to the event on October 26 at DTU Fotonik from 16.30-18.30 to learn more about the opportunities to take part in the program.
“It’s no use closing your eyes to the changes. We need to constantly keep up and try to influence the process.”
Professor Jan Madsen, DTU Compute