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Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best...

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Page 1: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to
Page 2: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

DenmarkCapital:

Copenhagen

Population:5.7 million

GDP:264 billion USD

GDP per capita:46,000 USD

Page 3: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

-World Bank, 2017

Page 4: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

“World’s least corrupt country”

-Transparency International, 2016

Page 5: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

HOW DOES DENMARK INTERACT WITH THE WORLD?

Page 6: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Help foreign

companies relocate

to Denmark

Create the best conditions

for research, study and

innovation in Europe

Support Danish

companies in the US

water industry

Water Technology

Alliance

Ministry of Higher

Education and Science

Invest in

Denmark

Trade Council

Exports and foreign

investment

Page 7: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

MINISTRY OF

HIGHER EDUCATION AND SCIENCE

Awards education grants

Promotes quality and relevant research

Priority investment into green technology

Page 8: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

INVEST INDENMARK

Networks and industry insights to help

foreign companies expand in Denmark

Promotes Denmark’s strongest

industries abroad

Free and confidential services

Page 9: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

TRADECOUNCIL

Wide range of employee expertise

Assists 600+ companies annually

Designed to promote Danish export and foreign investment

Page 10: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

WATERTECHNOLOGYALLIANCE

Three staff members dedicated to WTA at

ICDK Silicon Valley

Aids Danish companies that wish to expand

in the US water industry

Collaboration between the Danish

government, Aarhus Vand, Vand Center Syd, and HOFOR

Page 11: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

INNOVATION CENTRE DENMARK

Page 12: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

To support business, research, and higher

education

Our mission

Page 13: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Silicon Valley

São Paulo

Munich

Tel AvivNew Delhi

Shanghai

Seoul

Page 14: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

SILICON VALLEY

Page 15: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Silicon Valley Culture

Social

Business

Quirks

Fail forward

Sharing is caring

Work attire is casual attire

Cafes and restaurants are common meeting places

Meetings don't mean deals

Silicon Valley has its own vocabulary

Page 16: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

SV

LINGO

Do you

even code,

bruh?

Pretotype: (v) To create a rough version of one's

product and test it with the intention to fail and

collect data

Bootstrap: (n) A business started with one's own

capital instead of an investor's

Bus Factor: (n) The number of people in a company that can be hit by a bus before the startup is dead

Unicorn: (n) A startup company that reaches $1

billion or more in value

Pivot: (v) To change one's business model as a startup

after the first one is deemed unviable

Page 17: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

INNOVATION CENTREDENMARK

SILICON VALLEY

Page 18: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Tech-focused

First ICDK,

established in 2006

Largest Innovation

Center

Startup-focused

What makes US different?

Page 19: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

WHAT DO WE FOCUS ON?

Page 20: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Higher

EducationScience

&

Technology

Business

Development

ntrepreneurshipE

Page 21: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

WHAT DO WEOFFER?

Page 22: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

FAnalysis

it

XPLOREit

Page 23: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

What will the future bring?[in Silicon Valley]

Page 24: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

“75% of all startups and 90% of new products fail”

-Study by Harvard Business School

Page 25: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

EVENTS AND PROGRAMS

Page 26: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

WHAT

IS

SCALEit?

Page 27: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Ignite

One Week Program

Pitch Workshops

Networking

Explore Silicon Valley

Page 28: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

InspireWho are you?

What do you do?

Why are you solving a problem?

For Whom?

One day Silicon Valley

training camp in

CopenhagenSilicon Valley

tried-and-testedmethods

Page 29: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Accelerate

12 week program with 6 weeks in Silicon Valley

Each company will be paired

with a mentor

Allows companies to remain in

Denmark while expanding

abroad

Page 30: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

WHAT

IS

XPLOREit?

Page 31: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

EXPLORE

Page 32: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Meetings with key industry players

Explore

Innovation workshops

Technology and business scouting

Page 33: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

ENGAGE

Page 34: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Engage

Create and expand targeted networks

Innovation Advisory

Networking with other startups in your field

Page 35: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

ESTABLISH

Page 36: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Establish

Incubator space with

Innovation Garage

Collaborations and partnerships

with local players

Page 37: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

CASE STORIES

Page 38: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to
Page 39: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

Opened a daughter

company and found

their global sales

director in Silicon Valley

A Smart Toy to see how

a child develops and to maximize their learning

potential

Page 40: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to
Page 41: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

The University of Southern

Denmark got 42,000,000 DKK for a joint research project

with UC Berkeley, Lawrence

Berkeley National Laboratory, NASA, and San Diego

University

Aims to increase energy

efficiency of public and

commercial buildings

through ICT-driven research

Page 42: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to
Page 43: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

43

Creat es ey e-t rack i ng t echnol ogy t o cont ro l consumer devi ces

Got in touch with a VC to get seed

capital through SCALEit

Page 44: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to
Page 45: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

An es t abl i shed bank wi t h a program cal l ed “Fut ure F i nance” t hat ai ms t o keep t hem on cut t i ng edge of F i nTech

Got incubator space for two

months at ICDK

Page 46: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

-Sune Alstrup Johansen, CEO, The Eye Tribe

Page 47: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

-Ken Madsen, CEO, DXTR-Tactile

"For us Silicon Valley is the best entrance to the global market.

The workshops, assessments, meetings and introductions to theentire ecosystem which we received as part of

the SCALEit program opened doors for us, not only to the

Silicon Valley network, but also to mentors, who supported usfurther. My advice to other start-ups is to go global."

Page 48: Denmark · 2019-05-13 · -Ken Madsen, CEO, DXTR-Tactile "For us Silicon Valley is the best entrance to the global market. The workshops, assessments, meetings and introductions to

-Representative, University of Southern Denmark


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