DenmarkCapital:
Copenhagen
Population:5.7 million
GDP:264 billion USD
GDP per capita:46,000 USD
-World Bank, 2017
“World’s least corrupt country”
-Transparency International, 2016
HOW DOES DENMARK INTERACT WITH THE WORLD?
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
MINISTRY OF
HIGHER EDUCATION AND SCIENCE
Awards education grants
Promotes quality and relevant research
Priority investment into green technology
INVEST INDENMARK
Networks and industry insights to help
foreign companies expand in Denmark
Promotes Denmark’s strongest
industries abroad
Free and confidential services
TRADECOUNCIL
Wide range of employee expertise
Assists 600+ companies annually
Designed to promote Danish export and foreign investment
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
INNOVATION CENTRE DENMARK
To support business, research, and higher
education
Our mission
Silicon Valley
São Paulo
Munich
Tel AvivNew Delhi
Shanghai
Seoul
SILICON VALLEY
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
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
INNOVATION CENTREDENMARK
SILICON VALLEY
Tech-focused
First ICDK,
established in 2006
Largest Innovation
Center
Startup-focused
What makes US different?
WHAT DO WE FOCUS ON?
Higher
EducationScience
&
Technology
Business
Development
ntrepreneurshipE
WHAT DO WEOFFER?
FAnalysis
it
XPLOREit
What will the future bring?[in Silicon Valley]
“75% of all startups and 90% of new products fail”
-Study by Harvard Business School
EVENTS AND PROGRAMS
WHAT
IS
SCALEit?
Ignite
One Week Program
Pitch Workshops
Networking
Explore Silicon Valley
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
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
WHAT
IS
XPLOREit?
EXPLORE
Meetings with key industry players
Explore
Innovation workshops
Technology and business scouting
ENGAGE
Engage
Create and expand targeted networks
Innovation Advisory
Networking with other startups in your field
ESTABLISH
Establish
Incubator space with
Innovation Garage
Collaborations and partnerships
with local players
CASE STORIES
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
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
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
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
-Sune Alstrup Johansen, CEO, The Eye Tribe
-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."
-Representative, University of Southern Denmark