Aalto Entrepreneurship Society
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Aalto Entrepreneurship Society
Aaltoes, also known as Aalto Entrepreneurship Society, is a non-profit organization run by students, based in Helsinki, Finland. Founded in 2009, Aaltoes has helped the rapid emergence of a startup culture in Finland in 2008-2011. Aaltoes's purpose is to inspire international, high-growth entrepreneurship in Finland and especially in Aalto University. History Aaltoes was founded in spring 2009 by a group of students from Helsinki University of Technology, Helsinki School of Economics and University of Art and Design Helsinki, who saw that the entrepreneurial climate in Finnish universities did not support students or researchers who wanted to start companies and aim for international markets and high growth. Prior to the founding of Aaltoes, it was decided that in 2010 Helsinki University of Technology, Helsinki School of Economics and University of Art and Design Helsinki would be merged into a single university, known as Aalto University. The underlying reason behind the merge ...
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Helsinki
Helsinki ( or ; ; sv, Helsingfors, ) is the Capital city, capital, primate city, primate, and List of cities and towns in Finland, most populous city of Finland. Located on the shore of the Gulf of Finland, it is the seat of the region of Uusimaa in southern Finland, and has a population of . The Helsinki urban area, city's urban area has a population of , making it by far the List of urban areas in Finland by population, most populous urban area in Finland as well as the country's most important center for politics, education, finance, culture, and research; while Tampere in the Pirkanmaa region, located to the north from Helsinki, is the second largest urban area in Finland. Helsinki is located north of Tallinn, Estonia, east of Stockholm, Sweden, and west of Saint Petersburg, Russia. It has History of Helsinki, close historical ties with these three cities. Together with the cities of Espoo, Vantaa, and Kauniainen (and surrounding commuter towns, including the eastern ...
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Jorma Ollila
Jorma Jaakko Ollila CBE (born 15 August 1950) is a Finnish businessman who was chairman of Royal Dutch Shell from 1 June 2006 to May 2015, and at Nokia Corporation chairman from 1999 to 2012 and CEO from 1992 to 2006. He has been a director of Otava Books and Magazines Group Ltd. since 1996 and UPM-Kymmene since 1997, and an advisory partner at Perella Weinberg Partners, a New York-based boutique investment bank founded by Joseph R. Perella and Peter Weinberg in 2006. For Nokia, he was credited with turning the company into the then world's largest mobile phone maker. Education After elementary school in Kirkon koulu, Kurikka, Finland, Ollila went to high school in Vaasan Lyseon Lukio, Vaasa, with the help of a scholarship at the United World College of the Atlantic, where he earned his International Baccalaureate. Thereafter, he obtained a Master of Political Science from University of Helsinki, a Master of Science (Economics) from London School of Economics and a Master ...
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Espoo
Espoo (, ; sv, Esbo) is a city and municipality in the region of Uusimaa in the Republic of Finland. It is located on the northern shore of the Gulf of Finland, bordering the cities of Helsinki, Vantaa, Kirkkonummi, Vihti and Nurmijärvi while surrounding the enclaved town of Kauniainen. The city covers with a population of about 300 000 residents in 2022, making it the 2nd-most populous city in Finland. Espoo forms a major part of a substantially larger metropolitan area known as Greater Helsinki, home to over 1.5 million people in 2020. Espoo was first settled in the Prehistoric Era, with the first signs of human settlements going back as far as 8,000 years, but the population effectively disappeared in the early stages of the Iron Age. In the Early Middle Ages, the area was resettled by Tavastians and Southwestern Finns. After the Northern Crusades, Swedish settlers started migrating to the coastal areas of present-day Finland, and Espoo was established as ...
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Finnish Startup Scene
The startup scene in Finland has given birth to companies such as Angry Birds, Supercell, Wolt, and many others. Entrepreneurship itself in Finland is quite an old phenomenon. However, as everywhere else, the first startups appeared in the early 1990s and some faced demise with the end of dot-com bubble in early 2000. The early days Prior to 1995, one of the key influences was the Finnish demo scene which gathered together people interested in burgeoning technology. Many companies such as Hybrid Graphics and Riot-E as well as others have their roots in the demo scene. The dot-com bubble The dot-com bubble in the USA lasted between 1995-2000. The bubble has had a major impact on the Finnish start-up ecosystem. One of the most well-known dot-com companies, together with Riot-E, was Iobox. IObox Oy was a Finnish mobile and web portal operator. Formed in 1999, the dot-com company became part of Telefónica Mobile. At a sale price of $250m (€230m) in 2000, IObox was the largest ven ...
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Slush (event)
Slush is a startup and tech event held annually in Helsinki, Finland. Slush facilitates meetings between the founders of startups and investors such as venture capitalists, accomplished with events such as matchmaking and pitching competitions. Slush aims to build a worldwide startup community. In 2021, Slush brought together 8,800 attendees from around the world to participate together in this global networking festival. Since 2015, Slush also run events throughout the world. These include previous events such as Slush Tokyo, Slush Shanghai and Slush Small Talks events. Since 2021, Slush'D has served as the primary avenue for international offshoots of the main Helsinki event. Slush has created various products and resources available year-round to support and inform founders and investors. Among these products are Soaked by Slush, a startup media platform established in 2019, anNode by Slush a startup and investor community established a year later. The company's turnover is ...
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Junction (hackathon)
Junction is a hackathon organizer with headquarters Espoo, Finland. Started in 2015, Junction grew to be one of the largest organizers in Europe. In 2018 it expanded globally with a Junction event at Tsinghua University in China and cooperation with Chinese and South Korean universities bringing high performing students to attend the event in Helsinki. During the years Junction introduced various formats of events to its public, the biggest one being their yearly Junction Hackathon. This event brings together developers, designers, and entrepreneurs from around the world and helps them build solutions to real world challenges from local and multinational companies. History Junction 2015 Junction was first launched in 2015. The event was held on November 6-8th in Kattilahalli, Helsinki and gathered more than 550 participants and resulted in 145 different projects. Notable partners included Uber, Finnair, Supercell, Reaktor, and others. The winner Junction 2015 was Slush Smac ...
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Hackathon
A hackathon (also known as a hack day, hackfest, datathon or codefest; a portmanteau of hacking and marathon) is an event where people engage in rapid and collaborative engineering over a relatively short period of time such as 24 or 48 hours. They are often run using agile software development practices, such as sprint-like design wherein computer programmers and others involved in software development, including graphic designers, interface designers, product managers, project managers, domain experts, and others collaborate intensively on engineering projects, such as software engineering. The goal of a hackathon is to create functioning software or hardware by the end of the event. Hackathons tend to have a specific focus, which can include the programming language used, the operating system, an application, an API, or the subject and the demographic group of the programmers. In other cases, there is no restriction on the type of software being created or the design of the ne ...
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Otaniemi
Otaniemi (Finnish), or Otnäs (Swedish), is a district of Espoo, Finland. It is located near the border of Helsinki, the capital of Finland. Otaniemi is located on the southern shore of the Laajalahti bay, next to the district of Tapiola near the border to Helsinki. It is part of the Greater Tapiola major district. Otaniemi and Tapiola are separated by the Ring I beltway. The Aalto University metro station, located in Otaniemi, was taken into use in 2017. Otaniemi is the home of Aalto University's campus, thus "Otaniemi" is often used as a synonym for Aalto. However, several research and business facilities are also located in Otaniemi. The most prominent institutions for science and engineering in Otaniemi are the VTT Technical Research Centre of Finland and the Geological Survey of Finland (GTK). Business is represented in the area by the business incubator Technopolis. In 2010, Otaniemi became home to Aalto University, formed from the merger of the Helsinki University of Tec ...
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Helsingin Sanomat
''Helsingin Sanomat'', abbreviated ''HS'' and colloquially known as , is the largest subscription newspaper in Finland and the Nordic countries, owned by Sanoma. Except after certain holidays, it is published daily. Its name derives from that of the Finnish capital, Helsinki, where it is published. It is considered a newspaper of record for Finland. History and profile The paper was founded in 1889 as ''Päivälehti'', when Finland was a Grand Duchy under the Tsar of Russia. Political censorship by the Russian authorities, prompted by the paper's strong advocacy of greater Finnish freedoms and even outright independence, forced Päivälehti to often temporarily suspend publication, and finally to close permanently in 1904. Its proprietors re-opened the paper under its current name in 1905. Founded as the organ of the Young Finnish Party, the paper has been politically independent and non-aligned since 1932. During the Cold War period ''Helsingin Sanomat'' was among the Finn ...
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Nokia
Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational corporation, multinational telecommunications industry, telecommunications, technology company, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, in the greater Helsinki Greater Helsinki, metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa.HS: Nokian juuret ovat Tammerkosken rannalla
(in Finnish)
In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange.
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Risto Siilasmaa
Risto Kalevi Siilasmaa (born 17 April 1966) is a Finnish businessperson and the chairman, founder and former CEO of F-Secure Corporation (formerly Data Fellows), an anti-virus and computer security software company based in Helsinki, Finland. He is also the biggest shareholder of F-Secure, owning around 40% of the company. He was chairman of Nokia from 2012 to 2020. Education Siilasmaa has a Master of Science degree from Helsinki University of Technology (now named: Aalto University), Department of Industrial Engineering and Management. Business Siilasmaa founded F-Secure in 1988. He left his role as CEO of the company on 6 November 2006. Siilasmaa is also well known as a business angel, investing in several technology startups such as Frosmo, Enevo and Wolt, and serving in their boards of directors. In his investing, he has stated that he is sometimes "motivated by soft values, not maximum returns." Nokia Siilasmaa joined Nokia's board of directors in 2008. After being appo ...
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Björn Wahlroos
Björn Arne Christer Wahlroos (born 10 October 1952 in Helsinki, Finland) is a Swedish-speaking Finn, best known as a banker, investor and the chairman of the Board in Sampo Group and UPM-Kymmene. Before switching to banking Wahlroos worked as a professor at the Hanken School of Economics in Helsinki. Wahlroos holds a Doctorate in the field of Economics from the Hanken School of Economics. In terms of political economical viewpoint, Björn Wahlroos is known as a defender of laissez-faire economics, a fighter against Keynesian economics and economic regulation. His views against government interference and regulation has prompted criticism and controversy throughout the years, as despite Wahlroos' wealth, he has collected hundreds of thousands of euros in Finnish agricultural subsidies. He owns a mansion in Salo in Finland and a second mansion in Nice in France in addition an apartment in Stockholm. Wahlroos has also published several books on economics and the Finnish economy. ...
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