I had the opportunity to coach some entrepreneurs hanging out at Aalto Startup Sauna and later to partecipate at the demo day, last week in Helsinki. Startup Sauna is building great momentum in attracting startups to the incubator, not only from Finland but also from Estonia and Russia. Startup Sauna is a no-profit organization that started out from the initiative of four students at the Aalto University, one of the best entrepreneurship Universities in the Nordics.
The University has sponsored their ideas and given the students a former deposit near the garage, which they turned in the most active and lively incubator in Helsinki, funded by Aalto University, Aalto Center for Entrepreneurship and Finnish Funding agency for technology and innovation.
The Sauna team, Ville Simola (the Captain) and Antti Ylimutka (the Wing Man), reinforced by a tight network of coaches, venture capitalists, investors and mentors select teams that enter the program and help them getting through with business development and funding.
I’m sure some serious startups are going to come out of the Sauna, well done Captain!