DeansTalk - business management education

Linda Scott, DP World Professor of Entrepreneurship & Innovation, lecture "The Double X Economy" at Saïd Business School

Beauty retailer triumphs in South Africa, Financial Times, July 18, 2012

In her mission to investigate how the global marketplace can be enhanced to benefit women, Linda Scott, from the University of Oxford’s Saïd Business School, has recently discovered a sustainable model from an unlikely source: Avon, the global retailer of beauty and related products...

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YouTube, Linda Scott, DP World Professor of Entrepreneurship and Innovation, gave her Inaugural Lecture entitled "The Double X Economy" at the Saïd Business School on 24 April 2012

Top 1% of entrepreneurs create 40% of new jobs - World Economic Forum (WEF) Entrepreneurship Report 2011 - 380,000 companies

Via BBC  (May 2, 2011)

... The WEF Entrepreneurship_Report (PDF, 380 pages, 16.8MB), in collaboration with Stanford University and Endeavor Global, said: "After avoiding the collapse of the global financial and economic system, governments around the world are now focused on building a foundation for future growth."

It said the purpose of its report was to provide insight into how to successfully foster entrepreneurship, with "the ultimate goal of improving economic growth, prosperity and quality of life".

The WEF study highlighted eight different key growth strategies for early-stage companies.

It said one key finding was that the similarities in early-stage companies around the globe are far greater than their differences...

Via report

In a matter of only 18 months, this group oversaw 70 executive case studies from 22 countries, 110 surveys from 17 different countries and the analysis of revenue and headcount data for over 380,000 companies.

enstituteu.com is is a two-year entrepreneurship program, 15 young adults get to work with top NYC entrepreneurs

www.enstituteu.com

Fast Company, June 18, 2012

...Each member of this fall's inaugural class of 15, culled from more than 500 applicants, will work full time at one of the startups, with the ability to switch to another after the first year. They also will be given writing assignments, attend lectures, and take part in weekly dinners with experts. The program will be tuition-free, covering housing and providing a small stipend; to fund it, [E]nstitute is raising $1 million from foundations and private donors...

'Climate Change Is a Huge Opportunity' - SPIEGEL Interview with Richard Branson www.carbonwarroom.com

www.carbonwarroom.com

Der Spiegel (in English), 21 June, 2012

In an interview, British entrepreneur Sir Richard Branson argues that climate change will only be taken seriously when companies can find ways to profit from it. The battle to prevent global warming, he argues, requires brains and creativity.

SPIEGEL: Sir Richard, do you know the German word "Angst"?

Branson: Of course I do. We in England have adopted the term "German angst" from you.

SPIEGEL: One of the approaches to stop climate change that you are favoring is carbon capture and storage, meaning filtering out the carbon dioxide emitted from industrial plants and storing it underground. This method is very controversial in Germany because of safety concerns. Are the Germans excessively timid?

Branson: I don't want to criticize the Germans, but I do believe that we need new technologies to stop climate change. German industry in particular could make significant contributions in this regard. You just have to look at what companies such as Bosch, Siemens and BASF have accomplished in the past to realize this.

SPIEGEL: What are you doing?

Branson: The fight against greenhouse gases offers huge opportunities for profit. In order to promote this idea, some friends and I have founded the Carbon War Room...

Telefonica to Mrs. Kroes: How can we really drive entrepreneurship & innovation in Europe? @Wayra (download the report)

Telefonica Digital ‏@tefdigital

How can we really drive entrepreneurship & innovation in Europe? Grt blog & vid from @Wayra (download the report too): http://goo.gl/JW6YE

June 21, 2012, wayra.org/en/blog/wayra-the-digital-agenda-assembly-some-ideas-foster-entrepreneurship-and-innovation-europe-0

Wayra in the Digital Agenda Assembly: Some ideas to foster entrepreneurship and innovation in Europe.

Wayra has been invited by Mrs. Kroes to present a report of our experience in the field of foster entrepreneurship and innovation ecosystems in the Digital Agenda Assembly in Brussels, opened on June 21th.

One of the main purposes we have as Wayra is foster entrepreneurship and innovation ecosystems wherever we are based on. Some months ago we received the visit of Neelie Kroes, Vice-President of European Commission and a long supporter of digital evolution and growth for Europe in our Bogotá and Madrid Academies.

As a result of those meetings, we were invited by Mrs. Kroes to present a report of our experience in this field in the Digital Agenda Assembly in Brussels, opened today.

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The white paper “Suggestions for enhancing entrepreneurial ecosystem in Spain”, shared by Gary Stewart (@garystew, Executive Director of Wayra Spain) to all delegates is a brief summary of actions that, in our opinion, might be taken in order to enhance entrepreneurial ecosystem in Spain and Europe. We believe those measures might help coming generations of entrepreneurs to make their projects a reality and to place our region amongst the pole positions of added value businesses creation regions in the world.

The report is totally free and ready to download from this link. We expect you can share and distribute among all your colleagues, entrepreneurs and professionals in your networks.

Raising capital online (The Economist) - Wanted: small sums of money to finance young companies.

The Economist, June 16, 2012.

...

But what if firms could raise money from anyone? Fred Wilson, a prominent venture capitalist, calculates that if Americans used just 1% of their investable assets to crowdfund business they would release a $300 billion surge of capital. But will regulators, who worry about Joe Sixpack being ripped off by unscrupulous fund-raisers, allow the crowd in? The Securities and Exchange Commission (SEC) is trying to come up with rules to implement the (American) JOBS Act. Some fear that it will impose onerous requirements on firms raising equity from the crowd.

"Europe: Value-creation of quoted family businesses 2001-2010" - New IE Business School study

The study, elaborated in collaboration with Banca March, analyses the value creation of family companies quoted on stock exchanges in Europe during the period 2001-2010 using a sample of 2,421 companies with a market capitalization of more than 50 million euros. The results of the of the study leave no room for doubt: family businesses have created more value for share-holders during the period of the study, furthermore contributing to a greater extent in the creation of employment in Europe.

The study of 64 pages is available for download in Spanish. The original IE Entrepreneurship blog post follows:

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19 June, 2012, LA CREACIÓN DE VALOR EN LA EMPRESA FAMILIAR COTIZADA EUROPEA

Autores:
Cristina Cruz, Profesora de Gestión Emprendedora, IE Business School
Laura Nuñez, Profesora de Direccion Financiera, IE Business School 

El estudio , elaborado en colaboración con la Banca March, analiza la creación de valor de las empresas familiares cotizadas en Europa durante el periodo 2001-2010 usando una muestra de 2.423 empresas con capitalización bursátil superior a los 50M Euros . Los resultados del estudio no dejan lugar a dudas: las empresas familiares han creado mas valor para sus accionistas durante el periodo de estudio , contribuyendo además en mayor medida a la creación de empleo en Europa.

Acceder al estudio: La creación de valor en la empresa familiar cotizada europea

IndexVentures.com €350m fund to invest in early stage innovation in Europe

www.IndexVentures.com

 

 

Index Ventures blog, June 18 2012

Today we’re delighted to announce our new €350m early stage technology fund. It’s the final piece of €1bn of new capital we’ve raised in the last 12 months to complement the international platform we have been building to invest in both early stage and growth technology as well as life sciences companies.

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While technology adoption is increasingly rapid and worldwide, we continue to believe that Europe will be fertile ground to discover and help develop world beating innovations. In fact, even while Europe is facing massive macroeconomic challenges, at the same time we have seen very clearly that European startups are coming of age. In fact in our portfolio alone there are now at least 20 European born private companies with significant scale – in 2011 these companies alone had combined 2011 revenues of €1.3bn and y/y growth of around 75% – plus these are businesses which have created more than 5,000 new jobs in the last 10 years.

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European Commission - SMEs: Better access to finance (€50 billion) and boosting entrepreneurship

Press release European Commission. 15/06/2012

On the occasion of the fourth meeting of the European SME envoys held in Malta today, European Commission Vice President Antonio Tajani announced a series of new initiatives and planned actions to improve access of SMEs to finance, to boost entrepreneurship and to go international. To facilitate access to finance, the European Commission published today a practical guide providing information on how to access over €50 billion of public finance in the 27 Member States. Secondly the Commission launched a European wide training campaign for the Enterprise Europe Network to help SMEs get access to finance. SMEs can contact one of 600 Enterprise Europe Network partners, who will be able to provide information on EU and national sources of finance. Vice President Tajani will also discuss with the SME envoys possible elements for an entrepreneurship action plan which Mr Tajani aims to table after the summer break to encourage the creation of new businesses and jobs. The plan intends to address obstacles, which hinder would-be entrepreneurs to set up their own business. It will also include measures to make the option of becoming his or her own boss a more widespread option.

European Commission Vice President Antonio Tajani, responsible for enterprise and industry policies, said today: "If we want to stimulate growth in Europe, it is from our SMEs that we must start. Entrepreneurial potential in Europe is not fully exploited: 45% of all Europeans would like to become their own boss if they could, but only an average of 10% are actually self-employed today..."

Silicon Valley Bank, www.svb.com, Launches In London To Bridge The Tech Funding Gap - Techcrunch

www.svb.com

Techcrunch, Mike Butcher, July 11, 2012

European startups get a shot in the arm this week with the launch of Silicon Valley Bank in London today. Known for its understanding of the tech space, SVB will target the technology and life science sectors.

It will make loans of between £300,000 and £30 million to tech companies looking to expand. Shazam and The Foundry are already UK clients.

In the U.S., where it has made $7 billion in loans, clients include Cisco Systems, Mozilla and Pinterest. It also acts as a bank for investors including NEA, Sequoia Capital and Silver Lake. In the UK the bank is working with Index Ventures and Balderton Capital among others.

The problem with existing retail banks is that they rarely serve smaller tech companies which are unlikely to have three years worth of accounts yet, or any sales when they start up. SVB aims to bridge that gap...

The 20 finalist projects for BBVA Open Talent & Red Innova are announced, Madrid 14,15 June, 2012

BBVA press room 08-06-2012

www.redinnova.com/en/, 14/15 June 2012.   

 is one of  "Supporters" (first in list at end of page).

The 20 finalists for the 4th BBVA Open Talent & Red Innova competition have been chosen. 500 projects from Spain and Latin America were submitted for the “Technology and innovation” and “Financial services” categories of this competition. This prestigious international programme for entrepreneurs and start-ups supports development of innovative technology projects.

The projects chosen will be presented to a specialist jury at Red Innova 2012, which will be held at Madrid’s Circo Price on 14 and 15 June. The entrepreneurs will have an opportunity to explain their projects to leading businesspeople and others interested in the digital world.

This year, the 20 finalists have been divided into two categories:

("Tieasy" blog post with links to finalists)

Technology and innovation

- MoveinBlue (Spain)
- Wideoos (Argentina)
- TeDa! GalaxyMovil (Colombia)
- Kalakai (Chile)
- Clic Educa (Chile)
- Buguroo Offensive Security (Spain) 
- AgentBot (Argentina)
- OxoBox (Argentina)
- Energywe (Spain)
- Socialare (Argentina)
- Meddoc (Colombia)
- Gamisfaction (Spain)

Financial services

- StartBull (Colombia)
- MProjects Soluções em Informática Ltda (Brazil)
- Bolsa.com (Spain)
- BULL4ALL (Spain)
- Ventura MatchMakers (Colombia)
- RinPay (Spain)
- Ahorro.net (Spain)
- Mykey Acceso Autorizações Virtuais Ltda (Brazil)

You can find out more about these projects on the BBVA Innovation Centre website.

BBVA will give 100,000 euros to two initiatives, in return for a 10% holding in their share capital. The two winners will be announced at the end of Red Innova. Through this competition, the Bank is demonstrating its commitment to technology-based projects and talent. Through programmes such as Open Talent, BBVA supports internationalisation and the development and visibility of projects and companies committed to new business models for banking, technology and the Internet.

Contact  
BBVA
Tel: +34 91 374 01 16
comunicacion.corporativo@grupobbva.com

For financial information on BBVA

Red Innova

Red Innova is an international meeting place for innovation, the Internet, creativity and the entrepreneurial spirit where Latin America meets the world. With presentations on the latest issues, Red Innova is an essential opportunity for finding out about the future of the digital world, developing international networking opportunities and getting to know leaders in technology, innovation and Internet.

Over 2000 visitors from Europe, Latin America and the USA will be able to attend presentations and workshops on the latest tools, new business projects, international investment opportunities and international success stories; there will also be a session dedicated to leading developers.

About BBVA

BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid leadership position in Spain, it is the largest financial institution in Mexico and it has leading franchises in South America and the Sunbelt Region of the United States. Its diversified business is biased to high-growth markets and it relies on technology as a key sustainable competitive advantage. BBVA ranks among the leading eurozone banks in terms of ROE and efficiency. Corporate responsibility is inherent to its business model, and it promotes inclusiveness and supports research and culture. BBVA operates with the utmost integrity, long-term vision and best practices, and is included in the main sustainability indexes.

The Dell Innovators Credit Fund: A $100M Commitment to Entrepreneurs and Startups

June 7, 2012 The EIR Blog _{by Ingrid Vanderveldt "iV"}

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$100M Dell Innovators Credit Fund Ignites Startup Growth and Innovation

• New initiative targets startup debt capital needs, connects firms with scalable technology solutions, markets and networks for growth

Dell today announced the Dell Innovators Credit Fund, a first-of-its-kind Dell financing initiative that provides entrepreneurs up to $100M in the financial and scalable technology resources they need to maximize potential for innovation, speed to market and job creation.

A new Technology CEO Council (TCC) paper reports the highest-growth startups generate an outsized share of new jobs in the United States: 40 percent of new jobs come from the top-performing 1 percent of companies in any given year. Additionally, Web-knowledgeable small- and midsize-firms in a range of industries outpace their less Internet-savvy counterparts in job creation by more than two to one, according to a McKinsey Global Institute study cited in the TCC report.

The Dell Innovators Credit Fund aims to get end-to-end, scalable technology solutions in the hands of growing businesses during that crucial early time in market. Through Dell Financial Services, qualified angel and venture-backed companies can access up to 10 percent of their funded amount, or up to $150,000, with accelerated, limited credit terms. For those in needs of higher credit, additional financing is available on a fast track basis with a few extra steps.*

spain-startup.com/live.html

http://spain-startup.com/live.html

Video of Brussels' panel on the importance for EU of Management, Santiago Iñiguez, Alexander von Gabain, Adrian Wooldridge

Management Skills for Growth: EFMD EU Affairs Call to Action

Adrian Wooldridge (Management Editor, The Economist), Alexander von Gabain (Chair of the European Institute for Innovation and Technology - EIT  and Santiago Iniguez (President of IE Business School and President of IE University) gave opening statements at the EFMD April Roundtable: Management Skills for Growth. A full report on the roundtable is available here and video highlights are below. Readers are also invited to comment on the EFMD Call To Action “Management Capacity: The Missing Link to set up value creation and innovation in Europe” by mid June 2012.

Three key suggestions concluded from this roundtable are:

• Re-inventing the EU innovation model: The current European innovation strategy design tends to be based on a stable evolutionary model. This approach needs to be changed. The idea of supporting the creation of high-growth companies in Europe is highlighted as an important element. It is also suggested to re-prioritise policy objectives, to avoid trying to achieve everything at the sametime. Too many equivalent priorities lead to no priorities.
  
  
• Developing skills for future leaders: There is a call to develop humanistic managers who are not only expert in management techniques, but also have the capacity to understand and deal with cross-disciplinary and inter-cultural issues.
  
  
• Entrepreneurship: The possibility to exploit knowledge and capital from all entrepreneurs needs to be further addressed. Entrepreneurial mid-sets are required in all types of organisations, small and large, pubic and private.

The Call to Action addresses key issues such as the inclusions of management education in scientific and engineering studies, supporting entrepreneurial mind-sets and values from school-level onwards, and providing community research funding for important fields such as design thinking, open innovation and organisational sociology. This paper is to be used as the essential basis for EFMD EU Affairs’ interactions with the EU policy makers as well as relevant consultation and networking activities in the coming future. You are invited to comment on the EFMD Call to Action, please send your comments and feedback to: jocelyne.wang@efmd.org

Martine Plompen, Associate Director, Research & Surveys Unit, EFMD
Jocelyne Wang, Manager, EU Affairs Unit, EFMD

Startup Act 2.0 Aims to Jumpstart the US Economy - May 22

#startupact2  @Stevecase

Fairfax News, May 22, 2012

U.S. Senator Mark R. Warner (D-Va.) and three colleagues today introduced bipartisan legislation, Startup Act 2.0, to help jumpstart the economy through the creation and growth of new businesses and jobs.  It is based upon research showing that for close to three decades, companies less than five years old have created almost all of the net new jobs in America, averaging about three-million new jobs each year...

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Kauffman Foundation, May 22, 2012

WASHINGTON, D.C. (May 22, 2012) – Four U.S. Senators today introduced Startup Act 2.0 – bipartisan legislation designed to jumpstart the economy through the creation and growth of new businesses. Startup Act 2.0 builds upon the original Startup Act, introduced by Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) in December 2011, and the AGREE Act, introduced by Marco Rubio (R-Fla.) and Chris Coons (D-Del.), in November 2011.

Startup Act 2.0 creates new opportunities for American-educated and entrepreneurial immigrants to remain in the United States where their talent and ideas can fuel economic growth and create American jobs. The bill also alleviates regulatory burdens that make it more difficult for businesses to expand and create jobs. Finally, Startup Act 2.0 makes changes to the tax code to encourage investment in startup companies...

UK Start-up loans scheme to help young people launched

BBC News, May 28, 2012.

An £82m loan scheme for young people wanting to create a business has been launched by David Cameron.

People aged between 18 and 24 can apply for funds, expected to typically be about £2,500.

Mr Cameron said he hoped the initiative could lead to 30,000 more start-ups and give a boost to economic growth.

The loans must be repaid within five years, and interest will be charged at the level of the Retail Prices Index plus 3%...

www.startupbritain.org/loans, On 28 May 2012, StartUp Britain worked with the Department for Business to put on an event to launch StartUp Loans!...

"What is out there?" Social Impact Finance video contest - SCIEF Center, with IE & King AbdulAziz University

www.scief.es/competition/

What is out there?’ is a call for participants from all over the world to submit a video and participate in a competition on how to finance entrepreneurs through non-conventional ways.

Tell us about it and win a: FREE trip to Madrid and €2000

SCIEF Center, with the collaboration of IE Business School and King AbdulAziz University, invite you to share your innovative ideas that could shape how the world finance systems emerge. All you have to do is make a short video (3 mins max) that showcases examples of social impact finance from your community and around the world. We ask you to be creative; use videos, photos, drawings, or whichever visual medium you like in order to transmit your ideas.

Spain-startup.com & Investor Summit, 7 & 8th June 2012 (Mutua Madrileña) - Madrid.

Spain-startup.com

Program

• 9.00 Opening

  Chaired by:

  • Soraya Sáenz de Santamaría,  Vicepresident of the Government
  • Antonio Tajani,  Vice-President of the European Commission, responsible for Industry and Entrepreneurship
  • Ana Botella,  Major of Madrid
  • Juan José Güemes, Chairman of the International Centre for Entrepreneurial Management at IE Business School
  • María Benjumea, President of the Spain Startup & Investor Summit Advisory Board...

Closing ceremony includes:

Esperanza Aguirre, President of Madrid
Engracia Hidalgo, Secretary of State of Employment

(Previously on DeansTalk, March 23, 2012)

www.startupbritain.org (beta)

www.startupbritain.org (beta)

www.world-entrepreneurship-forum.com, 24 - 27 Oct, Lyon: "Entrepreneurial Ecosystems: cultivating communities to drive wealth creation & social justice"

www.world-entrepreneurship-forum.com

2012 Annual Forum, 24 - 27 October, Lyon.

Presentation WEF 2012 (PDF, 1.7 MB, 12 pages)

200 members from 70 countries, mainly entrepreneurs and social entrepreneurs, will gather during 3 days in order to elaborate recommendations about "Entrepreneurial Ecosystems: cultivating communities to drive wealth creation and social justice".

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2011 White paper (56 pages), "Entrepreneurship, A Driver for Innovation and Technology!"

Discover the proceedings of the fourth World Entrepreneurship Forum, Singapore, November 2011.

Download here (1 min form)

"If you think you are too small to have an impact, try going to bed with a mosquito in the room." Dame Anita Roddick, founder of The Body Shop®

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"Entrepreneurship and bad public policy" (paper from WEF 2008)

By Prof. Scott Shane, The Weatherhead School of Management, Case Western Reserve University, USA

"Why encouraging more people to become entrepreneurs is bad public policy" (PDF, 18 pages)

(page 12, 3): Instead of just believing naively that all entrepreneurship is good, policy makers need to recognize that only a select few entrepreneurs will create the businesses that will take people out of poverty, encourage innovation, create jobs, reduce unemployment, make markets more competitive, and enhance economic growth. Therefore, as unfair as it might sound, policy makers need to “stop spreading the peanut butter so thin.” They need to recognize that all entrepreneurs are not created equal. They need to think like venture capitalists and concentrate time and money on extraordinary entrepreneurs, and worry less about the typical ones. That means identifying the select few new businesses, out of the multitude of start-ups created each year, which are more productive than existing companies, and investing in them.

...

(p13) So what should policy makers be doing instead? They should reallocate resources to programs that support high growth companies. For instance, in the United States, policy makers could shift money into the Small Business Innovation Research Program (www.sbir.gov)...

Startup Chile's global footprint - Kauffman Foundation

Kauffman Foundation, April 16, 2012

As part of our ongoing discussion about the globalization of the startup movement, we look today at one nation’s strategy that appears to be very effective. Present at the recently concluded Global Entrepreneurship Congress in Liverpool were the leaders of Start-Up Chile, an almost two-year old initiative that has rapidly gained traction around the world. However, while it carries a similar name to other national initiatives around the globe, it has a very different approach.

Unlike the Startup America or StartUp Britain movement, Start-Up Chile works more like a focused incubation program than a platform for initiatives or public relations. Startups from any part of the world can apply for the program and those selected receive a US$40,000 government grant as seed capital, a one-year work visa, office space and unlimited access to its extensive network of local and global contacts. The selected businesses must come to Chile for a minimum of six months, after which they are free to take whatever steps necessary to grow...

It’s time for government to get professional about investing in innovation - Imperial College London study

Article of 01 March 2012

An Imperial College London (3rd or 5th in Europe) study, for the Science|Business Innovation Board, looks at how professional investors pick winners – and draws some lessons for government funders

Investor Driven Innovation
What can we learn from the way professional investors spot 'winners'? Download the full report. (31 pages)

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This report was commissioned by the Science|Business Innovation Board AISBL. The Board is a Belgian not-for-profit scientific association that performs original policy research, engages with policy-makers and the press, and works generally to improve the climate for innovation in Europe.

LearningRegistry.org (Education as a platform) - UK to participate? becomes Global?

www.learningregistry.org/about

The Learning Registry is a joint effort of the U.S Department of Education and the Department of Defense, with support of the White House and numerous federal agencies, non-profit organizations, international organizations and private companies.

...Importantly, the Learning Registry is not a specific destination, portal or engine that educators will “go to”.  Rather, it is an open technology framework to which any content creator can publish, and any technology vendor (e.g. learning management system, content aggregators, or application developers) can leverage for their applications...

(JISC is supporting the participation of UK HE in the Learning Registry)

JISC is supporting the participation of UK HE in the Learning Registry, a global experiment to find out how the social activity around online educational content can be captured and fed back to users, creators and publishers...

...the hope and expectation is that some smart people will do some interesting (and unanticipated) things...

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O'Reilly Radar, Marie Bjerede:

Helping educators find the right stuff, 15 November 2011

The Learning Registry looks to crack the education resource discovery problem.

Education as a platform, 28 September 2010

A data-driven architecture could disrupt the school system and improve it the more students use it.

Educational technology needs to grow like a weed, 18 May 2010

...Rather than designing and dictating the everyday workflow of educators and students, the self-organizing school identifies a small set of simple rules. These rules, in combination with multiple feedback loops, drive and iterate the work of teachers, students, administrators and others involved in teaching and learning. As with the emergent behaviors of ant hills and flocks of birds, the simple rules drive elegant, complex system-level behaviors that adapt to changing circumstances...

...Traditional education reform fails to scale because top-down designs don't survive the reality of the day-to-day classroom. Emergent designs adapt to real circumstances but depend on extensive data collection driving feedback loops at every level. Not only is this not well supported by existing technology implementations, but the functional requirements of those implementations are not yet well understood. Through a process of co-evolution, those requirements can be surfaced and technology platforms developed that can then enable education reform to scale...

American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness

A joint study by National Venture Capital Association, Stuart Anderson (National Foundation for American Policy), and Michaela Platzer (Content First, LLC)

American Made provides an objective overview of the impact of immigrant entrepreneurs and professionals on the U.S. Economy. Immigrant entrepreneurs and professionals contribute significantly to job creation and innovation in the United States. This study shows the striking propensity of immigrant to start and grow successful American companies, particularly in the technology field. The study's findings reflect the benefits of an open policy toward legal immigration. However, it also reveals that current restrictions on skilled immigrants are likely to result in less job creation and innovation for America.

Download Study (PDF 40 pages) 2012, NVCA

Start-Up Chile´s application process opens in search of next 100 global startups

www.startupchile.org

March 19, 2012 Start-up Chile blog

The program reinitiates search for bootstrappers who will receive equity-free seed capital of USD$40,000 and a 1-year work visa.

Start-Up Chile announces the opening of 2012´s first application process seeking to select, fund, and host up to 100 startup companies in Chile, giving them great access to a global network for those determined to make their projects global. Since the program´s opening on 2010, 276 startups coming from 36 different countries have participated in Start-Up Chile. The goal for 2012´s first round of applications is to attract up to 700 projects.

...

The application process closes on April 3^rd. Applicants will receive a letter of acceptance/rejection in May. Two other application processes will be opened on 2012.

Spain to equal New Zealand at No.1 for time to start a SME (24 hours)

El País, 20/03/2012, "Sáenz de Santamaría anuncia un plan para crear empresas en '24 horas'"

(News may soon be on elpais.com/elpais/inenglish.html)

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Previously on Deanstalk, 24 October, 2011. "Best Countries for Starting a Business - No.1 New Zealand" (Doing Business ranking, www.doingbusiness.org of IFC/World Bank)

"one-stop" shop approach, where most of the government agencies that a start-up needs are linked online, keeps the country on top

@IEBusiness Venture Days in Madrid on 10th May

Speakers at http://entrepreneurship.ie.edu/venture-days

"Start-up Nation: The Story of Israel's Economic Miracle" author @saulsinger, conference at IE

...translated into 17 languages..

"at the start of 2009, some 63 Israeli companies were listed on the NASDAQ, more than those of any other foreign country."

The Economist notes that Israel now has more high-tech start-ups and a larger venture capital industry per capita than any other country in the world.

Saul Singer on Wikipedia. Start-up Nation... on Wikipedia, on Amazon

www.startupnationbook.com

Interview by Techcrunch

 

The Economist, January 2012, What next for the start-up nation?

Even in Israel, it is hard to turn young companies into adults...

Dean Roger Martin, Rotman, New working paper from "Institute for Competitiveness & Prosperity", Canada- on Small business, entrepreneurship, and innovation

Roger L. Martin, Chairman of Task Force on Competitiveness, Productivity and Economic Progress
Dean, Joseph L. Rotman School of Management, University of Toronto

I am pleased to present Working Paper 15 of the Institute for Competitiveness & Prosperity. In this Working Paper, we examine the importance of small business and entrepreneurship to our prosperity in Ontario and Canada...

Small business, entrepreneurship, and innovation Working Paper 15 - February 2012

www.competeprosper.ca, @Institute_ICP

New research by the Institute for Competitiveness & Prosperity shows that public policy should focus on truly entrepreneurial firms to strengthen innovation capabilities in Ontario and Canada

Smaller businesses are the backbone of Ontario’s and Canada’s economies. But not all smaller businesses are the same. Our economy would be better served if public policy focused on assisting the relatively small number of entrepreneurial high-growth, high-impact firms that will drive innovation, productivity, and prosperity. Thus the emphasis in taxation and broader economic policy should shift from smaller to growing firms.

These are the key conclusions of the Working Paper, Small business, entrepreneurship, and innovation

Link to Press Release

Download Paper (PDF - 2.47MB, 60 pages)

Request a hard copy of paper

Women 2.0 - founding startups

www.women2.org

University of North Carolina as job laboratory

Reuters, February 9, 2012

CHAPEL HILL, NORTH CAROLINA — At the age of 17, Holden Thorp (@chanthorp) placed fifth in a nationally televised Rubik’s cube competition on the ABC show That’s Incredible! At 24, he received a doctorate in chemistry from the California Institute of Technology after studying for three years instead of five. And at 43, he was named chancellor of the University of North Carolina at Chapel Hill, becoming one of the country’s youngest university presidents.

Today, Thorp is trying to turn this 29,000-student public university into an engine of economic innovation. A business owner who has twice launched $25 million pharmaceutical startups, Thorp has streamlined the process for faculty members to turn their discoveries into private companies. He has made “entrepreneurship” a minor for all undergraduate students.

And Thorp has co-written a book, Engines of Innovation: The Entrepreneurial University in the 21st Century, with the university’s “entrepreneur in residence” — a former venture capital banker. It calls for the top 125 U.S. research universities to revitalize the American economy. (www.revupinnovation.com)

“The jobs of the near and distant future,” he told me, “are going to be for those who create them for themselves.”

...

Thorp and Goldstein insist they are not backing the commercialization of academia. Their definition of entrepreneurship is a broad one, they say, that includes social entrepreneurship.

“It’s not Donald Trump,” Goldstein said.

Former Harvard University President Derek Bok, whose book “Universities in the Marketplace: the Commercialization of Higher Education,” looked at the phenomenon...

Skoll Centre of Social Entrepreneurship - Saïd Business School - University of Oxford

Skoll Centre of Social Entrepreneurship, (About)

Video room

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skollcentreblog.org :

Doing Good is good for Business, January 31, 2012

Last week, we got to hear from Sir Andrew Witty, CEO of GlaxoSmithKline.  The talk was part of the Pears Business Schools Partnership Lecture, which promotes sustainable and responsible business through inspiring future leaders.  What does one of the world’s largest pharmaceutical companies have to say about how doing good is good for business?

Sir Witty’s talk was deeply insightful and provocative, and I walked away with a few important messages...

LeWeb 2011 - "How European Governments support startup ecosystems" + EU Open Data Portals

EU Open Data Portals

+

YouTube - How european Governments support startup ecosystems  (LeWeb 2011)

Moderated by: Sherry Coutu, Former CEO & Angel Investor (mentioned http://svc2uk.com/appathon)

Nicolas Princen, Advisor for New Media and Information Technology, Office of President Nicolas Sarkozy (mentioned OpenData initiative www.data.gouv.fr, Google R&D Paris)

Eric Van der Kleij, CEO, Tech City Investment Organisation (mentioned UK Open Data, and Global Entrepreneurship Network initiative, suggestions to gen@leweb.net)

@TechCityUK, Interactive Maps of involved companies, www.techcityuk.com/do-business-here

 

Will it be you?

www.willitbeyou.com

B-School Startups: Saving Face with Rodial

Columbia MBA entrepreneur calls on skills honed at B-school to fill a gap in the cosmetics market with a high-end line for the face and body

Businessweek, January 23, 2012

Bloomberg Businessweek’s occasional series on the world of startups. The series focuses on MBAs and undergraduate business students who developed their ideas or launched their businesses while still in school, and the many ways their schools helped them get their new ventures off the ground. For a look at some business students trying to build their own businesses, check out our slide show.

The Secret to Getting into Harvard Business School

24 January, 2012 Forbes

Philip Delves Broughton is the bestselling author of Ahead of the Curve and in April, his latest book, The Art of the Sale, will be available. Philip was born in Bangladesh and grew up in England. He served as the New York and Paris bureau chief for The Daily Telegraph of London and reported from North and South America, Europe, and Africa. His work has also appeared in the Financial Times and The Wall Street Journal, among other publications. In 2006, he received an MBA from Harvard Business School.

In this interview, Philip talks about what inspired his book about his experiences at Harvard Business School, how you can get admitted, and more...

Crowdfunding - Micropatronage is growing bigger by the day - Kickstarter

Via @TheEconomist

Micro no more, The Economist, 22 January 2012.

...Kickstarter's performance in 2011 bolsters the latter case. The $99.3m pledge figure represents all commitments, backed by valid credit cards, to over 27,000 projects launched last year...

...proposals keep flooding in at a rate of 2,500-3000 a week...

SkollWorldForum.org - on Social Entrepreneurship

skollworldforum.org

 

James Dyson - inventor and entrepreneur - video: now is the time to invest in design

www.jamesdysonfoundation.com

The Dyson Story

With his research team he has developed products that have achieved sales of over $6 billion worldwide.

Video on failure

James Dyson on Wikipedia

Sir James Dyson (born 2 May 1947) is a British industrial designer and founder of the Dyson company.

He is best known as the inventor of the Dual Cyclone bagless vacuum cleaner, which works on the principle of cyclonic separation. His net worth in 2011 was said to be £1.45 billion.^[1]

www.JamesDysonAward.org

Following video uploaded by telegraphtv 15/02/2011

The designer and entrepreneur says that now is the time for the government, the city, and consumers to invest in good design.

El Exportador - ICEX Canal TV (in Spanish) + McKinsey report on the new investor landscape

As some of our readers are from Spain (1. USA, 2. UK, 3. India, 4. Spain, 5. Canada, 6. Netherlands, 7. France, 8. South Korea, 9. Germany...) we thought we would start the year with a Spanish video series on exporting, shown on Spanish TV with ICEX, the Spanish Insitute of Foreign Trade.

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El ICEX y RTVE analizan los casos de éxito de la internacionalización española con “El Exportador”, 30/12/2011

El programa, que consta de 13 capítulos, aborda los primeros pasos, la implantación y la trayectoria exportadora de nuestras empresas en el exterior...

www.youtube.com/user/icex

www.icex.tv  y La 2 de RTVE

Speaks of:

www.thespanisheconomy.com

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Videos talk about financing...

McKinsey Global Institute report - December 2011 The emerging equity gap: Growth and stability in the new investor landscape Short of a very rapid change in investor behavior and adoption of new policies in the largest emerging economies, the role of equities in the global financial system may be reduced in the coming decade.more

NextBillion.net

www.NextBillion.net

(DeansTalk Nov. 2009)

Horizon 2020 - EC Research and innovation budget of €80 billion

Horizon 2020 Home page

The EU Framework Programme for Research and Innovation

Times Higher Education, December 8, 2011, "Commission offers 2020 vision of less red tape and a lot more cash"

Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness. Running from 2014 to 2020 with an €80 billion budget, the EU’s new programme for research and innovation is part of the drive to create new growth and jobs in Europe.

The adoption of Horizon 2020 will:

• Strengthen the EU’s position in science with a dedicated budget of € 24 598 million. This will provide a boost to top-level research in Europe, including an increase in funding of 77% for the very successful European Research Council (ERC).
• Strengthen industrial leadership in innovation € 17 938 million. This includes major investment in key technologies, greater access to capital and support for SMEs.
• Provide € 31 748 million to help address major concerns shared by all Europeans such as climate change, developing sustainable transport and mobility, making renewable energy more affordable, ensuring food safety and security, or coping with the challenge of an ageing population.

New U.S. Startup Act

@JerryMoran, today, 8 December GMT

@wadhwa Today @MarkWarner and I unveiled the #Startupact along with @SteveCase and @KauffmanFDN. Read more: moran.senate.gov/startup

New Startup Act

U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) have authored bipartisan legislation aimed at jumpstarting the economy through the creation and growth of new businesses. The Startup Act outlines a five-prong approach to job creation based on the proven track record of entrepreneurs: 1) reducing regulatory burdens; 2) attracting business investment; 3) accelerating the commercialization of university research; 4) attracting and retaining entrepreneurial talent; and 5) encouraging pro-growth state and local policies.

If enacted, the Startup Act would do the following:

• Require a cost-benefit analysis of proposed regulations with an economic impact of $100 million or more to determine the efficacy of the rule and its potential effects on the formation and growth of new businesses;
• Make permanent the capital gains tax exemption for investments held for five years in Qualified Small Businesses (QSB), giving investors an incentive to partner with entrepreneurs and helping provide financial stability for the first few years of a new business’ life;
• Provide a corporate tax credit of up to $5 million for QSBs in the first taxable year of profit, followed by a 50 percent corporate income tax exclusion in the two succeeding taxable years, to help startups finance growth;
• Open the door for reforms to the Sarbanes-Oxley Act of 2002;
• Use existing federal research and development funding to support innovative projects at American universities in order to accelerate and improve the commercialization of cutting-edge technologies developed through faculty research;
• Create a STEM Visa for up to 50,000 immigrants per year who graduate with a Masters of Ph.D. in science, technology, engineering or mathematics, giving them the opportunity to stay in the United States and put their skills to work;
• Create an Entrepreneur’s Visa for up to 75,000 immigrant entrepreneurs who register a business and employ at least two non-family member employees, and invest in their business within one year of obtaining the visa. Current H-1B Visa holders or those who have completed graduate level work in a STEM field would qualify; and
• Encourage successful pro-growth state and local policies by studying state laws that affect new business formation and economic growth.

New EU fundraising rules: boosting venture capital for SMEs & easing access to credit

07/12/2011

The European Commission is presenting a strategy to promote better access to finance for SMEs with an EU Action Plan which includes increasing financial support from the EU budget and the European Investment Bank and a proposal for a regulation setting uniform rules for the marketing of venture capital funds.

The new regulation will make it easier for venture capitalists to raise funds across Europe for the benefit of start-ups. The approach is simple: once a set of requirements is met, all qualifying fund managers can raise capital under the designation "European Venture Capital Fund" across the EU. No longer will they have to meet complicated requirements which are different in every Member State. By introducing a single rulebook, venture capital funds will have the potential to attract more capital commitments and become bigger.

LeWeb´11 live - includes @TechCityUK

www.leweb.net/program

Live Plenary 1 (also live feed of Plenary 2)

December 9, 09h15

How european Governments support startup ecosystems

Moderated by: Sherry Coutu, Former CEO & Angel Investor

• Nicolas Princen, Advisor for New Media and Information Technology, Office of President Nicolas Sarkozy
• Eric Van der Kleij, CEO, Tech City Investment Organisation

@TechCityUK
Interactive Maps of involved companies, www.techcityuk.com/do-business-here

Dec 7, 2011 Video: A quick chat with…Brent Hoberman

WSJ, Nov 21, 2011, Video: LinkedIn’s Hoffman Says U.K. Has Woken Up to Entrepreneur Culture

FastCompany, Nov 17, 2011 LinkedIn Cofounder Reid Hoffman In The U.K.: Silicon Valley Can Be Exported  (svc2uk.com)

European Commission launches new plan to promote social entrepreneurship in the Single European Market

25th November 2011.

Today in Europe, social businesses employ more than 11 million people, 6% of all workers. What are their aims, their needs and what obstacles do they face in Europe? Nobel Peace Prize winner M. Yunus, microcredit specialist Maria Nowak (ADIE), social investment pioneer Sir R. Cohen (DeansTalk August 2011, March 2009) and social entrepreneurs answer these questions and speak about the Social Business Initiative, the new plan launched by the European Commission to promote social business.

To know more about the initiative launched by the European Commission, see: http://ec.europa.eu/internal_market/social_business

IE International Center for Entrepreneurial Management and IE Venture Network

Find out more about IE's International Center for Entrepreneurial Management and how it serves as a hub for all activities related to entrepreneurship such as IE Venture Network.
www.entrepreneurship.ie.edu

The Europas - Best Education, Recruitment, Media Startup

The Europas  

PeerIndex Takes The Honours As The Europas Awards Drifts Eastwards, November 18, 2011

Winner: Busuu.com, @bernardooo, @busuu  (IE Business School alumni)

busuu

Website:	busuu.com
Location:	Madrid, Spain
Founded:	January 1, 2008

busuu.com is Europe’s largest online community for learning languages. The website was launched in May 2008 and by September 2011 it had reached 4,000,000 registered users from over 200 different countries.

The users can access audio-visual… Learn More

IE Business School Blog Europe & CIS - "Our Top European Alumni at IE"

Our Top European Alumni at IE!, November 15, 2011, by Kim Goddard (Wikipedia "CIS")

Founded by entrepreneurs in 1973, the entrepreneurial vein runs deep at IE and with our European and CIS alumni. Over 10% of our over 40,000 Alumni go on to launch their own business at some stage in the career and in Europe we are lucky to have some of the most innovative and entrepreneurial Alumni. Here I would like to present some of our very top European Alumni and their businesses.

Jeremy Melul, IMBA 2008 French/English
Jogabo is an easy and social way to play soccer. It is a location aware soccer platform that allows users to organize games, share their plans and discover opportunities to play in their area. The aim is to make amateur soccer “bonito” by connecting soccer enthusiasts, facilitating the organization of games and adding a layer of fun and competitiveness to the beautiful game. We founded Jogabo because we love the beautiful game and we wanted to be able to play all the time, wherever we were in the world. We also love meeting people and we believe soccer is an amazing sport for that.

I worked in innovation and technology consulting at Altran before realizing that life was too short for that and decided to join Grassroot Soccer, an NGO that uses the power of soccer in the fight against HIV/AIDS. I hold a Master in Mechanical Engineering from Stanford University and an MBA from IE Business School, and am also the founder of the European MBA tournament “The Green Laces Cup”.

Alvaro Osle, Executive MBA 2008 Spanish
I set up the company TelCrOSS Consulting S.L. in Spain in 2005 to cover a gap in the market for expert consultants in the OSS domain in the Telecommunications world. One of the reasons I went to IE to study an MBA was to learn the business, strategy, finance and management skills that would provide me with a clear vision and strategy for the company and what I wanted it to be. The market of Operation Support Systems (software that helps big telcos to become much more efficient in the way they run the network) was growing rapidly and there was a scarcity of resources. I used this new company to provide freelance consultancy services on different projects. In 2010 I setup TelCrOSS Ltd in the UK, which is when we started the design and development of a new software utility NetVisio which we are now hoping to sell to big telcos around the world. We have already launched the first version of the product and it’s still early days, but we’re confident we can be successful.

Olga Slavkina, IMBA 2007 Latvian
Back in 2006, I had a well-paid job at a multinational in Brussels, a safe and steady career ahead of me, a highly ranked Master’s degree in International Relations under my belt, and a daughter who had just turned 1. Perhaps not the most common combination of life circumstances that would prompt one to pursue a full-time MBA. And yet, it made perfect sense for me to come to IE and develop my interests in branding, entrepreneurship and the web.
After IE, I moved back to Brussels where I founded SCHMOOZY FOX — a brand and marketing strategy consultancy which is based on my concept of Funky Brands™ — products and services which owe their success to astonishing design and smart brand strategies. I work both with large companies, as well as startups, to help them position, launch and promote their products in real life and on the web. Besides consulting, I write about branding and marketing, and publish a Funky Brand Interviews series on my blog. The Funky Brands™ concept was nominated for the 2011 Accenture Innovation Award, and Funky Brand Interviews will soon launch in film format.

Maxim Kondratyukin , IXMBA 2010 Russian
I have never thought to be an entrepreneur myself. My ideal professional path has always been linked to a career in some large multinational company. I perceived myself as a good manager and poor entrepreneur because of lack of intuition and being risk averse. It was in IE when I started to think that there might be other ways to grow. Starting my own business became a real alternative for me and no longer a taboo. I was able to see that it works more often than it seemed to me before. Moreover, I was able to see that it does not require being something special to start something new. By some lucky accident crisis happened, and as I was working in real estate sector I did not see any significant opportunities within my industry. Same time an opportunity came to start a new company, which seemed interesting to me. I made one of the most difficult decisions in my life and started to build the company I wanted to have. After a couple of months Boombate.com appeared. It was a struggle for long time, but we were lucky enough to break even in the eighth month of operations. We are growing very fast and I still have so many ideas to implement.

Kim Goddard

Global Entrepreneurship Week - 14 to 20 of November, 2011 + Cleantech Open Global Ideas Competition

www.unleashingideas.org

+

www.unleashingideas.org/cleantech

Cleantech Open Global Ideas Competition

The Cleantech Open Global Ideas Competition seeks to find the best clean technology ideas from around the world – from revolutionary ways to generate clean energy, to better ways to filter water, to ideas about how governmental policies around climate change can foster new businesses, all new concepts are welcome. Finalists will deliver a five-minute pitch to an audience that includes 2,500 investors and entrepreneurs with a chance at winning $100,000 in support and services to help turn their idea into a business.

Go to cleantechopen.com/app.cgi/ideas_competition and click on your country to enter the Global Ideas Competition.