Global Impact Competion
The Singularity University Finland Global Impact Challenge (GIC) is an open call to entrepreneurs, technologists, designers, inventors, and scientists with the most innovative ideas for moonshot innovations that have the potential to positively impact millions of people within 10 years. The winner of the challenge receives a full sponsorship to attend the transformational Global Solutions Program (GSP). KAUTE Foundation has been a supporter and co-organiser of the GIC since 2015.
Global Impact Challenge focuses on ideas that leverage exponential technologies, such as artificial intelligence, augmented and virtual reality, robotics, data science, digital biology and biotech, medicine, nanotech and digital fabrication (i.e., 3D printing), networks and computing systems. The accelerating rate at which these technologies are advancing creates unprecedented opportunities for new solutions leveraging them to scale rapidly. Website of the competition, see https://su.org/gic/2017/finland/
In 2011, KAUTE granted 10,000 euros from TTEY’s special fund to the Aalto-on-Waves project, during which a group of Aalto University students crossed the Atlantic by ship for a study trip. The project’s closing report can be downloaded here
In 2010, KAUTE granted 10,000 euros from TTEY’s special fund to the Aalto-on-Tracks project, during which a group of Aalto University students travelled to Shanghai through Russia by train.
Aalto Entrepreneurship Society ry
In 2010, KAUTE granted 10,000 euros from the Academic Entrepreneurship Fund to Aalto Entrepreneurship Society for advancing entrepreneurial activity in universities
Professorship donations for innovation research
In 2006, KAUTE marked its 50th anniversary by donating a total of one million euros to Helsinki Business School and Helsinki University of Technology (now both Aalto University). KAUTE’s donation was used to establish to two five-year professorships running from 2006 to 2012. In Helsinki Business School, a professorship in innovation was established for professor Liisa Välikangas. The other half of the donation was used to establish a professorship in technology industry product development within HUT’s mechanical engineering laboratory. This professorship was awarded to professor Eric Coatanéa.