don ritzen op dia-symposium 22-2-2013
DESCRIPTION
presentatie van de eerste private seed-accelerator van Nederland. Met een pleidooi voor ondernemend incubatormanagementTRANSCRIPT
22th February, DIA symposium Maastricht
“7 principles to accelerate technology startups from 200k to 2 million”
LOVE
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80% of startups fail
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Lack of knowledge &
experience
to find customersto find investors
for press and exposurefor ge4ng connected to the right people
True innovators that have big ideas are o9en
young peopleLack effec>ve execu>on
skills
Main reasons for failure
Lack of Network
Lack of Support
The path to success is long, chao>c and risky
What is an Accelerator?
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What is an accelerator•a modern, for-profit startup incubator,
•an open application process (competitive - 3% accepted)
•taking in classes of startups consisting of small teams
•supporting them with funding, mentoring, training and events for a definite period (usually three months)
•in exchange for equity
What is Rockstart Accelerator?
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Rockstart Accelerator - what is it
10 teams99+ mentors
1 year in 100 daysAmsterdam
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Investment per startup
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Financial InvestmentValue per team
€15.000
In kind investment through partners
€46.000
€15.000
€3.800
€4.600
€10.000
€2.500
Total €100.700
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2
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Selection
Selection
Summary of Rockstart Accelerator model
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“7 principles to accelerate technology startups from 200k to 2 million”
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#1 Have the best curriculum
Focus on a specific stage and know your startup better than they know themselves....
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#2 Build a community of engaged mentors
They will make the difference between success and failure...
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99+ mentors that deliver support for free
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Provide inspiration and great energy....
How can you repay them...?
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#3. Be open
Select only the best & fully committed startups, from anywhere...
400 applicants from 60+ countries....
Before After 1Y
If you had invested...
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#4 Carefully design pressure and deadlines
Focus on a specific stage and know your startup better than they know themselves....
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Two Phase approach
Spring Program
Summer Program
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#5 Cheap = cool
Create a culture of doing the most with the very least...
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BUDGET
we are a startup...
EUR 750k
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#6 Become a hub in your community
Sponsor meetups with location and involve local thought leaders...
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#7 CEO of incubator has to be accountable
The CEO should have an upside.....
.....and there should be private stakeholders...
Thanks for your attention!
@[email protected]/donritzen