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“To learn about USA innovation & entrepreneurship, identify and analyze the
              differences, to be inspired to improve the innovation ecosystems in Europe.”




                                                                                             * Option: not part of the official program



                                      ORGANIZATION
                initiation & selection: European Young Innovators Forum
sponsoring & program: US Department of State International Visitors & Leadership Program

   Innotour USA 2012                                    @mandyvantilborg                                                        1
Innotour USA 2012   @mandyvantilborg   2
Tivadar Limbacher       Mihai Rotaru        Lukasz Olek        Sofia Esteves       Javier Andres
     Hungary             Romania              Poland             Portugal              Spain




  Diana Zaharia         Manuel Loistl     Mandy van Tilborg     Arno Geens      Kumardev Chatterjee
      EYIF               Germany          The Netherlands          EYIF                EYIF


                                            DELEGATION
                          7 selected European ambassadors + 3 EYIF staff
             application: video + essay + interview <35 years + social media presence

   Innotour USA 2012                      @mandyvantilborg                                     3
Meetings @United States Department of State

•    program officer Office of International Visitors
•    senior advisor for Innovation Office of Secretary of State Hillary Clinton
•    director Office of International Visitors
•    senior advisor Global Entrepreneuship Program Office of Commercial & Business Affairs
•    federalism briefing by associate professor George Mason University
•    founder & CEO Revolution Messaging (social network campaign Obama)




                                 AGENDA WASHINGTON DC


    Innotour USA 2012                   @mandyvantilborg                               4
• There are probably as many differences between European countries on innovation and
  entrepreneurship as between Europe and the USA. Europe is fragmented as a
  marketplace.

• As the Netherlands we are not known as a top performer on innovation or for any
  disruptive innovation. Still we’re doing quite well on innovative capacity and stimulating
  entrepreneurship to other European countries. Within Europe USA looks at Berlin,
  Sweden, Finland and Denmark.

• We can learn from American nationalism, competitiveness, profiling and presentation.
  We are highly modest in the Nedtherlands. Communicating and exposure are key in
  creating pride and making people feel committed to larger communities, interests,
  ideas or progress. Innovation needs evangelists.

• We need more European hubspots where people are highly motivated/talented, share
  the same passion, are competitors and encourage each other.



                         LESSONS LEARNED: EUROPE VS AMERICA


  Innotour USA 2012                    @mandyvantilborg                                  5
Meetings:

•    welcome program coordinator @Institute of Interational Eduaction Offices (IIE)
•    co-founder Podio.com (online work platform) @IIE
•    welcome program coordinator + campus highlights tour @Stanford University
•    professor European Entrepreneurship & Innovation @Stanford University
•    Entrepreneurial Thought Leaders Seminar founder & CEO Joyus @Stanford University




                                AGENDA SAN FRANCISCO


    Innotour USA 2012                 @mandyvantilborg                              6
• Magnet: getting the right people =
  money and/or talent to migrate

• World class university Stanford

• Focus on technology

• Ecosystem for start-ups: angel investors,
  incubators, VCs, tolerating failure and
  risks

• Climate and culture: hard work around
  the clock, passion, competitiveness vs
  openness, role models, weather




                      MY VIEW ON SILICON VALLEY’S SUCCESS FACTORS


  Innotour USA 2012                    @mandyvantilborg             7
Meetings:

•    managing director @Garage Technology Ventures (vc seed stage & early stage tech)
•    principle & co-founder @Global Catalyst Partners (international vc multistage)
•    tour @Plug and Play Tech Center (incubator innovative start-ups)
•    event German American Business Association (GABA): Young Europeans in the Bay Area
     @Stanford University




                                AGENDA SAN FRANCISCO


    Innotour USA 2012                 @mandyvantilborg                              8
“Success is the management of failure.”

 “In most parts of the world you’re crazy if you’re starting you’re own business, in Silicon
                            Valley, you’re crazy if you’re not.”

“When elephants are very young and much smaller we use a rope to tie them and, at that
age, it’s enough to hold them. As they grow up, they are conditioned to believe they can’t
 break away. They believe the rope can still hold them, so they never try to break free. In
   fact grown up elephants could at any time break free but because they believed they
    couldn’t, they are stuck right where they are. Like the elephants, how many of us go
through life hanging onto a belief that we cannot do something, simply because we failed
 at it once before? Failure is part of learning; we should never give up the struggle in life.”

                           “Entrepreneurship is like a virus here.”

                          “There's a way to do it better - find it!”



                                           QUOTES


 Innotour USA 2012                      @mandyvantilborg                                    9
Meetings:

•    manager US Market Access Center (US MAC) @Rocketspace (incubator & accelerator)
•    president The Indus Entrepreneurs (TIE) @TIEGlobal Inc
•    tour @IDEO (innovation & design consultancy)
•    managing director @Menlo Ventures (investor in entrepreneurs that think big)
•    co-founder at CoFoundersLab @Pier 5 (matchmaking for entrepreneurs)




                                AGENDA SAN FRANCISCO


    Innotour USA 2012                 @mandyvantilborg                            10
…invite important influencers on social media for testing new
                                 products/services before launching
           …create fans and platforms for fans to meet & share, organize competitions
              like funniest photo of me & your organization, spot the brand abroad
            …most of the times front office employees get the compliments and back
              office get the complaints. Create a happiness tool where we share the
             credits. Collect, share and filter compliments from tweets, emails or let
                      colleagues post them and filter the best one of the day
                       …organize fundays for employees to reward them and
                                     motivate them once a year
                   …set no talk Thursdays for employees to work undisturbed on
                       projects or tasks without distractions from colleagues,
                                          email, phone, etc.




                                     RANDOM IDEAS


Innotour USA 2012                      @mandyvantilborg                                  11
What inspired me @IDEO:

•   open innovation & collaboration : solve big challenges for social good
•   philantropic capital for human-centered design projects against poverty
•   use of design in the financial services sector
•   cabinet with collection of products and components designed by others
    which inspire employees by design, functionality or disruptive thinking
•   invite kids in toy lab to play between employees (fun, inspiration,
    connect with target group, observation, learn form each other)
•   hotel based working: treat employees as guests who need to make
    reservations for desks, rooms etc. and serve them
•   be proud on what you’ve done before and make it visible by storytelling
    and showcasing wherever and whenever you can
•   focus on process: “How to days” where you share your expertise (this
    also means failure, mistakes, learnings etc.)                  companies similar 2 IDEO


                                           HIGHLIGHT
     IDEO is a global design firm that takes a human-centered, design-based approach to
         helping organizations in the public and private sectors innovate and grow.

    Innotour USA 2012                   @mandyvantilborg                                12
Meetings:

• president TripleHelix: Entrepreneurship, Education, Leadership Romania @HiltonHotel
• professor of cyber law @Berkman Center for Internet & Society Harvard Law School
• director of the Rock Center for Entrepreneurship @Harvard Business School
• tour Harvard Innovation Lab
• managing director Trust Center for Entrepreneurship & senior director Regional
  Entrepreneurship Acceleration Program @MIT
• CEO & founder and senior executive @HubSpot
• publisher and start-ups & vc editor @Boston Business Journal




                                   AGENDA BOSTON


    Innotour USA 2012                @mandyvantilborg                              13
• Vison. You cannot expect people to be innovative if they do not know the direction in
  which they are headed. Share a common goal and have a sense of embarking on a
  journey or adventure together.

• What do we need more: innovation managers or innovation leaders?

• Think BIG use a holistic approach. Make sure you have at least one innovation project a
  year with great impact and promote that. Make sure that all the company leaders and
  as many other employees know about that project and that they can explain it to
  others.

• Content is king: use visualised success examples and storytelling.

• Reward innovative employees by organizing our own ‘Innotour’ for them. This can also
  be in the Netherlands visiting spots like Innovation Labs, PHILIPS, TNO, universities,
  same departments/teams in another company etc.



              LESSONS LEARNED: HOW TO ENLARGE OUR INNOVATIVE CAPACITY ?


  Innotour USA 2012                    @mandyvantilborg                              14
Meetings:

• project leader Higher Education & Partnerships and project leader Innovation &
  Partnerships @Swissnex Boston (consulate of Switzerland)
• founder & president @Mass Challenge
• tour @Cambridge Innovation Center (CIC)
• project manager Young Entrepreneurs Initiative Retis @CIC
• venture partner New Atlantic Ventures & CEO @CIC
• director @CIC




                                   AGENDA BOSTON


  Innotour USA 2012                   @mandyvantilborg                             15
More than money…

• We should invest more in our relationship with small business entrepreneurs. Earn
  trust, change criteria for loans to modern standards (impact social media), make it
  simple, more 24/7, offer other ways of support and above all promote these activities.
• Be a matchmaker between private bankers and start-ups.
• Not only sponsor entrepreneurial activities and events but co-organize them.
• Invest more in incubators and be part of the ecosystem. Let bank employees work
  between start-ups at universities (seen other banks and consultancy firms working at
  incubators in USA). Be close to our customer and monitor needs/issues. Make sure that
  these activities get enough exposure among both prospects, customers as employees.
• Can’t we turn one of our closed offices into a large incubator?
• Offer mentoring programs for entrepreneurs.
• Support educational programs which are designed to stimulate and keep the
  entrepreneurial flame alive in boys and girls.



                       IDEAS ON BANKING & ENTREPRENEURSHIP


  Innotour USA 2012                   @mandyvantilborg                               16
The Noun Project: “sharing, celebrating and enhancing the world's visual language”.




                             Delevering Happiness
                       a movement that spreads and inspires
                          more happiness in the world!


                                MORE INSPIRATION


Innotour USA 2012                   @mandyvantilborg                              17
ALSO INNOTOUR USA
                    new friendships, sightseeing and a lot of fun!


Innotour USA 2012                   @mandyvantilborg                 18

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InnoTour USA review by Mandy van Tilborg

  • 1. “To learn about USA innovation & entrepreneurship, identify and analyze the differences, to be inspired to improve the innovation ecosystems in Europe.” * Option: not part of the official program ORGANIZATION initiation & selection: European Young Innovators Forum sponsoring & program: US Department of State International Visitors & Leadership Program Innotour USA 2012 @mandyvantilborg 1
  • 2. Innotour USA 2012 @mandyvantilborg 2
  • 3. Tivadar Limbacher Mihai Rotaru Lukasz Olek Sofia Esteves Javier Andres Hungary Romania Poland Portugal Spain Diana Zaharia Manuel Loistl Mandy van Tilborg Arno Geens Kumardev Chatterjee EYIF Germany The Netherlands EYIF EYIF DELEGATION 7 selected European ambassadors + 3 EYIF staff application: video + essay + interview <35 years + social media presence Innotour USA 2012 @mandyvantilborg 3
  • 4. Meetings @United States Department of State • program officer Office of International Visitors • senior advisor for Innovation Office of Secretary of State Hillary Clinton • director Office of International Visitors • senior advisor Global Entrepreneuship Program Office of Commercial & Business Affairs • federalism briefing by associate professor George Mason University • founder & CEO Revolution Messaging (social network campaign Obama) AGENDA WASHINGTON DC Innotour USA 2012 @mandyvantilborg 4
  • 5. • There are probably as many differences between European countries on innovation and entrepreneurship as between Europe and the USA. Europe is fragmented as a marketplace. • As the Netherlands we are not known as a top performer on innovation or for any disruptive innovation. Still we’re doing quite well on innovative capacity and stimulating entrepreneurship to other European countries. Within Europe USA looks at Berlin, Sweden, Finland and Denmark. • We can learn from American nationalism, competitiveness, profiling and presentation. We are highly modest in the Nedtherlands. Communicating and exposure are key in creating pride and making people feel committed to larger communities, interests, ideas or progress. Innovation needs evangelists. • We need more European hubspots where people are highly motivated/talented, share the same passion, are competitors and encourage each other. LESSONS LEARNED: EUROPE VS AMERICA Innotour USA 2012 @mandyvantilborg 5
  • 6. Meetings: • welcome program coordinator @Institute of Interational Eduaction Offices (IIE) • co-founder Podio.com (online work platform) @IIE • welcome program coordinator + campus highlights tour @Stanford University • professor European Entrepreneurship & Innovation @Stanford University • Entrepreneurial Thought Leaders Seminar founder & CEO Joyus @Stanford University AGENDA SAN FRANCISCO Innotour USA 2012 @mandyvantilborg 6
  • 7. • Magnet: getting the right people = money and/or talent to migrate • World class university Stanford • Focus on technology • Ecosystem for start-ups: angel investors, incubators, VCs, tolerating failure and risks • Climate and culture: hard work around the clock, passion, competitiveness vs openness, role models, weather MY VIEW ON SILICON VALLEY’S SUCCESS FACTORS Innotour USA 2012 @mandyvantilborg 7
  • 8. Meetings: • managing director @Garage Technology Ventures (vc seed stage & early stage tech) • principle & co-founder @Global Catalyst Partners (international vc multistage) • tour @Plug and Play Tech Center (incubator innovative start-ups) • event German American Business Association (GABA): Young Europeans in the Bay Area @Stanford University AGENDA SAN FRANCISCO Innotour USA 2012 @mandyvantilborg 8
  • 9. “Success is the management of failure.” “In most parts of the world you’re crazy if you’re starting you’re own business, in Silicon Valley, you’re crazy if you’re not.” “When elephants are very young and much smaller we use a rope to tie them and, at that age, it’s enough to hold them. As they grow up, they are conditioned to believe they can’t break away. They believe the rope can still hold them, so they never try to break free. In fact grown up elephants could at any time break free but because they believed they couldn’t, they are stuck right where they are. Like the elephants, how many of us go through life hanging onto a belief that we cannot do something, simply because we failed at it once before? Failure is part of learning; we should never give up the struggle in life.” “Entrepreneurship is like a virus here.” “There's a way to do it better - find it!” QUOTES Innotour USA 2012 @mandyvantilborg 9
  • 10. Meetings: • manager US Market Access Center (US MAC) @Rocketspace (incubator & accelerator) • president The Indus Entrepreneurs (TIE) @TIEGlobal Inc • tour @IDEO (innovation & design consultancy) • managing director @Menlo Ventures (investor in entrepreneurs that think big) • co-founder at CoFoundersLab @Pier 5 (matchmaking for entrepreneurs) AGENDA SAN FRANCISCO Innotour USA 2012 @mandyvantilborg 10
  • 11. …invite important influencers on social media for testing new products/services before launching …create fans and platforms for fans to meet & share, organize competitions like funniest photo of me & your organization, spot the brand abroad …most of the times front office employees get the compliments and back office get the complaints. Create a happiness tool where we share the credits. Collect, share and filter compliments from tweets, emails or let colleagues post them and filter the best one of the day …organize fundays for employees to reward them and motivate them once a year …set no talk Thursdays for employees to work undisturbed on projects or tasks without distractions from colleagues, email, phone, etc. RANDOM IDEAS Innotour USA 2012 @mandyvantilborg 11
  • 12. What inspired me @IDEO: • open innovation & collaboration : solve big challenges for social good • philantropic capital for human-centered design projects against poverty • use of design in the financial services sector • cabinet with collection of products and components designed by others which inspire employees by design, functionality or disruptive thinking • invite kids in toy lab to play between employees (fun, inspiration, connect with target group, observation, learn form each other) • hotel based working: treat employees as guests who need to make reservations for desks, rooms etc. and serve them • be proud on what you’ve done before and make it visible by storytelling and showcasing wherever and whenever you can • focus on process: “How to days” where you share your expertise (this also means failure, mistakes, learnings etc.) companies similar 2 IDEO HIGHLIGHT IDEO is a global design firm that takes a human-centered, design-based approach to helping organizations in the public and private sectors innovate and grow. Innotour USA 2012 @mandyvantilborg 12
  • 13. Meetings: • president TripleHelix: Entrepreneurship, Education, Leadership Romania @HiltonHotel • professor of cyber law @Berkman Center for Internet & Society Harvard Law School • director of the Rock Center for Entrepreneurship @Harvard Business School • tour Harvard Innovation Lab • managing director Trust Center for Entrepreneurship & senior director Regional Entrepreneurship Acceleration Program @MIT • CEO & founder and senior executive @HubSpot • publisher and start-ups & vc editor @Boston Business Journal AGENDA BOSTON Innotour USA 2012 @mandyvantilborg 13
  • 14. • Vison. You cannot expect people to be innovative if they do not know the direction in which they are headed. Share a common goal and have a sense of embarking on a journey or adventure together. • What do we need more: innovation managers or innovation leaders? • Think BIG use a holistic approach. Make sure you have at least one innovation project a year with great impact and promote that. Make sure that all the company leaders and as many other employees know about that project and that they can explain it to others. • Content is king: use visualised success examples and storytelling. • Reward innovative employees by organizing our own ‘Innotour’ for them. This can also be in the Netherlands visiting spots like Innovation Labs, PHILIPS, TNO, universities, same departments/teams in another company etc. LESSONS LEARNED: HOW TO ENLARGE OUR INNOVATIVE CAPACITY ? Innotour USA 2012 @mandyvantilborg 14
  • 15. Meetings: • project leader Higher Education & Partnerships and project leader Innovation & Partnerships @Swissnex Boston (consulate of Switzerland) • founder & president @Mass Challenge • tour @Cambridge Innovation Center (CIC) • project manager Young Entrepreneurs Initiative Retis @CIC • venture partner New Atlantic Ventures & CEO @CIC • director @CIC AGENDA BOSTON Innotour USA 2012 @mandyvantilborg 15
  • 16. More than money… • We should invest more in our relationship with small business entrepreneurs. Earn trust, change criteria for loans to modern standards (impact social media), make it simple, more 24/7, offer other ways of support and above all promote these activities. • Be a matchmaker between private bankers and start-ups. • Not only sponsor entrepreneurial activities and events but co-organize them. • Invest more in incubators and be part of the ecosystem. Let bank employees work between start-ups at universities (seen other banks and consultancy firms working at incubators in USA). Be close to our customer and monitor needs/issues. Make sure that these activities get enough exposure among both prospects, customers as employees. • Can’t we turn one of our closed offices into a large incubator? • Offer mentoring programs for entrepreneurs. • Support educational programs which are designed to stimulate and keep the entrepreneurial flame alive in boys and girls. IDEAS ON BANKING & ENTREPRENEURSHIP Innotour USA 2012 @mandyvantilborg 16
  • 17. The Noun Project: “sharing, celebrating and enhancing the world's visual language”. Delevering Happiness a movement that spreads and inspires more happiness in the world! MORE INSPIRATION Innotour USA 2012 @mandyvantilborg 17
  • 18. ALSO INNOTOUR USA new friendships, sightseeing and a lot of fun! Innotour USA 2012 @mandyvantilborg 18