The document discusses Aalto University's ACE (Aalto Creation Engine) program and its goal of creating an environment that enables "black swan" startup companies - highly impactful ventures that achieve billion euro valuations. The program aims to produce early success stories, put Finland in the top ten for high-growth startups by 2015, and have an enormous global impact by 2020. It outlines five conditions needed to raise the probability of black swans, including promoting passion, risk-taking, youth, engaging customers early, and flexible talent mobility. ACE works to establish an international network and collaborate widely to enable more black swan opportunities from Aalto University spin-offs.
The document discusses Aalto University's ACE (Aalto Creation Engine) program and its goal of creating an environment that enables "black swan" startup companies - highly impactful ventures that achieve billion euro valuations. The program aims to produce early success stories, put Finland in the top ten for high-growth startups by 2015, and have an enormous global impact by 2020. It outlines five conditions needed to raise the probability of black swans, including promoting passion, risk-taking, youth, engaging customers early, and flexible talent mobility. ACE works to establish an international network and collaborate widely to enable more black swan opportunities from Aalto University spin-offs.