Guide to the Helsinki, Finland Startup Community

by StartupDigest on October 28, 2010

The following is StartupDigest‘s third edition of “Your Guide to the Startup World” with Linda Lukas, who organized the Aalto Goes to Silicon Valley trip bringing out 50+ Finland startups and entrepreneurs on a tour of Silicon Valley.

Why should a startup thinking about moving to a new place choose Helsinki?

Finland is the epicenter of early open source: companies like MySQL and Linux originate from these northern latitudes. The startup culture here is as transparent and honest as the Finns themselves. For a founder, it’s easy to look for help and resources: Finnish taxpayers gladly support the public funding system and we have a stellar education system with an emphasis on R&D, providing talent-base from cleantech to hightech.

The long holidays, miserable weather and good flight connections to Russia and Asia might also be among the reasons why startups arise from the slush.

What are some examples of successful companies that were started here?

Open Source pioneers: MySQL and Linux

Consumer web-products: Habbo Hotel from Sulake and Jaiku, the Twitter competitor sold to Google in early 2008. A lot of good stuff is also cooking under with Sofanatics, Thinglink and Pingpin.

Gaming market: from Angry Birds currently topping the charts to Remedy with Max Payne and Alan Wake to Playfish. Also Applifier comes from Finland.

What are some of the organizations that are big supporters of the Helsinki startup community?

Aalto Venture Garage is the hub for entrepreneurs and startups throughout the Baltic Rim.Located on Aalto University’s campus near Helsinki, this 700 sq meter industry hall is an open workspace where entrepreneurs get support from experiences coaches. Bootcamp, run four times ayear, gathers up the best early stage startup founders to learn from the best serial entrepreneursand investors from the region.

ArcticStartup is the journalistic hub for all things entrepreneurial in the Nordic region. It’s thebiggest technology website reviewing and reporting on tech startups and growth entrepreneurs inthe Nordic and Baltic countries.

Vigo is a new type of acceleration programme designed for high-growth startups. The backbone ofthe programme is formed by the Vigo Accelerators, carefully selected independent companies runby internationally proven entrepreneurs and executives. The Accelerators are not consultants –they are co-entrepreneurs who invest in the companies they work with to guarantee common goalsand passionate development effort.

What are the best startup events in Helsinki?

Slush is the number one event of the year. Organised for the third time Slush gathers entrepreneurs around Europe to experience the cold weather, cool keynotes and crazy can-do spirit.

Other events can be found in ArcticStartup – Finland sports an impressive array of meetups rangingfrom Garage DemoDay to Ruby on Rails meetups, MobileDevCamp to Summer of Startups programme. The student entrepreneurship societies are especially active in organising events and nowadays there’s something happening weekly.

If a group of founders moved to Helsinki tomorrow, who are the first 5 people they should meet?

Petteri Koponen, Lifeline Ventures vigo accelerator (background in Jaiku)

Moaffak Ahmed, Veture Ventures Vigo accelerator (background in Trema)

Ville Vesterinen, co-founder of ArcticStartup

Kristo Ovaska, co-founder of Aalto Venture Garage

Artturi Tarjanne, Nexit Ventures

If you could wave a magic wand and change one specific part about your startup community, what would it be?

The most talented students still see a career in a big corporation such as Nokia or public sectorfar more tempting than a one in startup. This is what the Helsinki startup ecosystem is fighting to change.

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4 comments

  1. Miki   October 28, 2010

    Great post Chris & Linda!

  2. Sila Kayo   October 30, 2010

    How come you forgot to mention Ramine Darabiha? I mean he is one of the biggest evangelist of Finland’s Startup Community.

  3. Kai   October 31, 2010

    Thanks for interesting article. Glad to see Audiodraft representing Finnish Music Startups. Music Startup Cluster is one of the largest startup clusters in Finland.

    If some of the readers are interested about following what’s going on in this group check out this facebook fan page…

    http://www.facebook.com/#!/pages/Finnish-Music-Startups/332257887562

  4. Linda   November 1, 2010

    Sila,

    Agreed – Ramine is super-connected and has helped out a lot in shaping the current startup spirit (coining the term Moomin Valley was purely brilliant). However, there’s a ton of really awesome people who didn’t make the 5 person list as I wanted to have representatives from different fields of the ecosystem (journalism, seed capital, vc, co-working spaces etc).

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