management and specialized courses based on three year. Bachelor degree. ⢠Plan and execute the launch of a new busine
VISION To educate the best business developers in the world
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“NOT BECAUSE IT’S EASY…” Highly competitive and selective program Hundreds of applicants 75 interviews, up to 35 students enrolled Combining theory and practice Full academic workload in parallel with business launch
Culture of ambitious goals Focus on success through hard work, enthusiasm and a collaborative mentality
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ONE PROGRAM TWO STRATEGIES
NETWORK ENTREPRENEURSHIP
INCUBATOR EDUCATION •
•
State-of-the-art Master program focused on entrepreneurship and commercialization of technology Combination of technology management and specialized courses based on three year Bachelor degree
50 % 4
of courses directly connected to commercialization project
BUSINESS LAUNCH •
Plan and execute the launch of a new business
•
Contribute to commercializing technology from Norwegian research institutions, industry and innovation clusters
BUILD
a future business
STARTUPS 350+ MNOK
Equity financing and public funds
300
Workspaces created
40+
Startups since 2003
20+
Active startups as of 2014
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START-UP
AVAILABLE RECOURCES
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THE INCUBATOR
COURSES & LECTURES
All start-ups located in our incubator facilities for 2 years
Custom tailored course-package and frequent guest lectures from experienced professionals
DEDICATED MENTORS
PRE-SEED FUNDING
Each team provided with a dedicated mentor, with comprehensive relevant experience
Access to early-stage finance through e.g. NTNU Discovery, “Pengesprøyten” and business competitions
EXTENSIVE NETWORK
PROTOTYPING
International partners and continuous involvement from Norway’s most competent alumni network within entrepreneurship
Access to workshops and manufacturing facilities at NTNU and industrial partners
PARTNERS
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FEASIBILITY STUDIES A feasibility study at NTNU School of Entrepreneurship is an efficient and unique way to explore the commercial potential of your business ideas.
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FEASIBILITY STUDIES OVERVIEW & OBJECTIVES
• A student team (3-5) work intensely over 5 days with research and analysis of a business concept, delivering: • A written feasibility report • A written and oral presentation • Objectives of feasibility study: • Qualify the technical reliability and commercial potential of the idea/ concept • Qualify the commercialization process: Time, resources and strategy needed to succeed • Qualify the intention and motivation of the inventor/concept owner • Qualify the appropriateness and expected role of a student team • The conducted feasibility study is the basis for further collaboration between concept owner and a team from NTNU School of Entrepreneurship • Student teams are formed and projects selected before the year-end 9
FEASIBILITY STUDIES PROCESS DAY 0 STUDENT TEAM RECEIVE ONE PAGER AND MEET INVENTOR/CONCEPT OWNER*
DAY 1-3 RESEARCH & ANALYSIS
DAY 4
DAY 5
DELIVERY OF FEASIBILITY REPORT
PRESENTATION TO FACULTY PANEL AND REPORT DELIVERY
*Inventor/concept owner provide “one pager” with overall concept presentation (or equivalent) **Work is normally performed from NSE´s offices at NTNU, however it can take place off-site if deemed appropriate
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FEASIBILITY STUDIES MAIN CONTENT TECHNOLOGY & PRODUCT/ SERVICE
ORGANIZATION
Novelty IPR Scalability Application areas
Inventor and/or concept owner Role of student team
MARKET & INDUSTRY
STRATEGY & FINANCIALS
Value Chain Segments Barriers of entry Competitive landscape
Potential business models Financial potential Capital need Funding sources
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FEASIBILITY STUDIES SCHEDULE AUTUMN 2014 WEEK 1 Student ideas WEEK 2 Ideas from local academic institutions and industry WEEK 3 Ideas from academic institutions and industry outside Trondheim WEEK 4 CERN Screening Week WEEK 5 ”Open class” – All other ideas
35 August
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37 September
39
42 October
46 November
December
FEASIBILITY STUDIES
EXPECTATIONS OF IDEAS & INVENTORS BUSINESS IDEAS: • Can be both technical or non-technical • Can be both “technology push” or “market pull” • Can be both “short term” or “long term” • Student team should have the possibility to obtain influence over business decisions PROCESS • Idea submitted in a timely manner providing overall concept presentation (“one pager”) • Access and availability to all key people connected to the concept in the feasibility period 13
FEASIBILITY STUDIES CONFIDENTIALITY
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•
All students sign non-disclosure agreement (NDA) when enrolled in program
•
All faculty and associated personnel have signed NDA
•
Inventor/concept owner have full authority over information sharing with third parties during feasibility analysis
CASE #1:
CASE #2:
Rendra delivers a solution enabling streaming of 3D-models (BIM) to smartphones and tablets, making these models available on construction sites
Havtek solves the fish farming industry’s large and costly problem – cagebreaches and escaping salmon – by making a new type of fish cage that alerts breaches
Sold the solution to three major construction projects before launching
Havtek is launching their product in early 2015 and are currently evaluating pilot test results
RENDRA
Rendra has recieved Startstøtte-stipendet, Adolf Øien Etablererstipend, The Tetzchner Entrepreneurship Award and has seed funding from Arctic Innovation Group 5 NSE students in management team and 3 more graduates hired. Based in Oslo
Havtek
Acquired capital from Innovasjon Norge, Adolf Øien fond, Startstøtte, Venture Cup, Tekna Studentstipend, FLT Studentstipend, NTNU Discovery, Venture Labs Investment Competition and customers 2 NSE students in management team and 2 more graduates hired. Based in Trondheim
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DO YOU HAVE A BUSINESS IDEA?
Contact us for an informal discussion about the opportunity for cooperation
ØYSTEIN WIDDING
Associate Professor
[email protected]
MORTEN ANSTEENSEN Teacher Assistant +47 412 57 278
[email protected]
MARIUS TUFT MATHISEN
PhD Candidate
[email protected] 