September and October were busy months for the Copenhagen startup scene: Two of its’ biggest entrepreneurial talent conventions took place, gathering innovators from Denmark and abroad. Milestone Systems’ CEO delivered keynote speeches at both events and awarded the most promising solutions with cash prizes and mentorship from Milestone’s executive team.
Why is the startup community of such great importance to a company like Milestone? First of all, startup companies are likely to become important technology and business partners to established companies. Moreover, only 20 years ago, Milestone Systems was a startup company itself, and to this day the entrepreneurial spirit is in focus, permeating our culture and the way we’re doing business.
But staying innovative and entrepreneurial does not come easy.
In order to preserve a true entrepreneurial spirit in an established company, well past its teenage years, it’s imperative that the company dares to take risks and make mistakes. We practice it every day at Milestone: I encourage colleagues to venture into new, unknown projects, step out of their comfort zone and make mistakes in the process. I would never criticize them for that – I would do that for not at least trying. If you don’t try, you won’t know. And that’s the essence of entrepreneurship in my view. – President & CEO Lars Thinggaard.
To support the Danish startup community, Milestone took part in the Entrepreneurial Day hosted by Copenhagen Business School, that gathered more than 4,000 participants. What an inspirational time!
Milestone was present with a booth, discussing innovation and career opportunities with hundreds of curious students and startup companies. Lars Thinggaard gave a keynote speech about the transition from startup to established company, Scandinavian management style, and how to stay entrepreneurial.
The grand finale of the event was the Demo Day Pitch with 15 talented startups pitching their idea to a panel of business professionals, including Lars Thinggaard. The winner was awarded the Milestone Entrepreneurship Award with a cash prize of DKK 30,000 and nine hours of mentoring from Milestone’s executive management team.
A couple of weeks later, Milestone Systems attended the DTU High Tech Summit, hosted by the Technical University of Denmark, an annual event with more than 200 tech and business talks, 230+ startups, 250+ researchers, 700+ students, 4,000+ visitors and 700+ companies. It was truly a buzzworthy event where innovation displayed its finest form.
Milestone Systems discussed technology, innovation and career opportunities with dozens of students, startups and other businesses. For the outstanding close of the first day at DTU Tech Summit, Lars Thinggaard presented the Milestone Innovation Award 2018 to the winner of the startup competition, Measurelet, a producer of innovative toilets for the medical industry. The award included a cash award of DKK 30,000 and 9 hours of mentoring with Milestone’s executive team.
We look forward to other such events in future, for continuing inspirational talks with – and inputs from – students and startups setting the stage for a community of future innovations.
See the DTU press release on their High Tech Summit 2018, with the opening speech by Danish Prime Minister Lars Loekke Rasmussen.
By Pernille Larsen, Corporate Communications Manager at Milestone Systems