Download - Don Ritzen op DIA-symposium 22-2-2013
![Page 1: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/1.jpg)
22th February, DIA symposium Maastricht
“7 principles to accelerate technology startups from 200k to 2 million”
![Page 2: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/2.jpg)
LOVE
![Page 3: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/3.jpg)
3
80% of startups fail
![Page 4: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/4.jpg)
4
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
![Page 5: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/5.jpg)
What is an Accelerator?
![Page 6: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/6.jpg)
6
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
![Page 7: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/7.jpg)
What is Rockstart Accelerator?
![Page 8: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/8.jpg)
8
Rockstart Accelerator - what is it
10 teams99+ mentors
1 year in 100 daysAmsterdam
![Page 9: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/9.jpg)
9
Investment per startup
2
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
![Page 10: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/10.jpg)
10
2
![Page 11: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/11.jpg)
11
Selection
Selection
Summary of Rockstart Accelerator model
![Page 12: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/12.jpg)
12
“7 principles to accelerate technology startups from 200k to 2 million”
![Page 13: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/13.jpg)
13
#1 Have the best curriculum
Focus on a specific stage and know your startup better than they know themselves....
![Page 14: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/14.jpg)
14
#2 Build a community of engaged mentors
They will make the difference between success and failure...
![Page 15: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/15.jpg)
15
99+ mentors that deliver support for free
![Page 16: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/16.jpg)
16
Provide inspiration and great energy....
How can you repay them...?
![Page 17: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/17.jpg)
17
#3. Be open
Select only the best & fully committed startups, from anywhere...
![Page 18: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/18.jpg)
400 applicants from 60+ countries....
Before After 1Y
![Page 19: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/19.jpg)
If you had invested...
![Page 20: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/20.jpg)
20
#4 Carefully design pressure and deadlines
Focus on a specific stage and know your startup better than they know themselves....
![Page 21: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/21.jpg)
21
Two Phase approach
Spring Program
Summer Program
![Page 22: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/22.jpg)
22
#5 Cheap = cool
Create a culture of doing the most with the very least...
![Page 23: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/23.jpg)
23
BUDGET
we are a startup...
EUR 750k
![Page 24: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/24.jpg)
24
#6 Become a hub in your community
Sponsor meetups with location and involve local thought leaders...
![Page 25: Don Ritzen op DIA-symposium 22-2-2013](https://reader033.vdocuments.net/reader033/viewer/2022052823/5553345bb4c905e12e8b4c4a/html5/thumbnails/25.jpg)
25
#7 CEO of incubator has to be accountable
The CEO should have an upside.....
.....and there should be private stakeholders...