This event aims to provide an overview of what is involved in spinning-off technology, with a special reference to the context of computing Grids. Lectures by experienced entrepreneurs introduce the key concepts and review the industrial potential of EGEE in particular. Case studies introduce two European start-ups already active in the Grid and computing cluster area, as well as summarizing efforts in several European regions to stimulate entrepreneurship. This workshop is meant to stimulate students and researchers involved or interested in Grid technology to consider the entrepreneurial opportunities that this technology may create in the coming years.