This week we have learnt that invention is the novel idea with great potential while innovation is the commercialization of the novel idea. KTH innovation comes in to help students and researchers to commercialize their results and business ideas. The first time i got know about KTH innovation was five years ago when i started my studies at KTH. It wasnt until my third year at KTH that is when i actually understood what they are about and how they help aspiring entreprenuer with their expertise in commercialization and business ideas.
How do they help
KTH Innovation main goal is to help students and researchers get their ideas to the market. Their support is free, confidential and they do not claim any ownership to your ideas. Their selection process is neither strict and nor a competition where a winner is picked. Furthermore, they believe that all ideas are worth testing and evaluating.
They support in different areas of commercialization and cover start-ups, licencing and corporate collaboration.
They also collaborate a lot with other organisation that offers support to entrepreneurs and start-ups such as STING (Stockholm Innovation and Growth), THINGS and OPEN LAB.
How can they help you?
KTH innovation can help you in very many ways. They not only help with your ides but also organizes events such as workshops and motivational lectures to help you develop as a potential entrepreneur.
If you have a create idea, get in touch with them and they will guide you and offer you great feedback on your ideas. If you take it further they will assign you a business development coach who will follow up on you and lend you the support you need all the way. KTH innovation can also help you with funding, applying for grants and stipendier.
If you currently not ready with an idea follow their Facebook page and you will be updated with the current events that might be of interest to you
Bicky Chakraborty, the founder of Elite Hotels has donated five million SEK to KTH. The money is to be used in entrepreneurship programs and help in promoting an entrepreneurial mindset among students and researchers at KTH.
With this new source of funds a new programme has been created by KTH Innovation called the Bicky Chakraborty Entrepreneur Program. The program offers funding, coaching, tailored courses and mentorship to accepted entrepreneurs for one year. The application is open and for more information contact KTH Innovation or check out their website.