hatch! fair - hatch! program introduction - for all brave start-ups

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HATCH! PROGRAM. is a Vietnam not-for-profit initiative to create a community of entrepreneurs, to connect entrepreneurial resources, and to organize a high-quality Annual Startup Fair. HATCH! provides valuable resources to help new companies, supports the regional start-up ecosystem, and recognizes that sustainable, scalable small businesses are the drivers of our economy. We invite inquiry from all interested supporters, including: entrepreneurs, educators, mentors, investors, and mass-media. Your involvement provides more chances for more start-ups to be...well, hatched. We are glad if you or your organization joins the community formed by HATCH!. If you are outside Vietnam, or have interest in using the HATCH! model for developing Entrepreneurship elsewhere in South East Asia, ASEAN, or on global scale, we invite your inquiry so we can join in building a useful and relevant network on a global scale together. This presentation introduces about HATCH! FAIR, one of HATCH! Initiative. For more information, please contact us at: [email protected] - www.hatch.vn - +844 6275 7406.

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Page 1: HATCH! FAIR - HATCH! PROGRAM Introduction - For All Brave Start-ups
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What is Hatch?

An egg hatches to be a chick…

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Before we can answer the question, we have to understand…

• What is a Start-up Incubator?• What is a Start-up Bootcamp?• What is a Start-up Fair?

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WHAT IS A START-UP INCUBATOR?

Each start-up is an egg, and We incubate the egg so that it can become a healthy

chicken

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Start-up incubators are programs designed to support the successful

development of entrepreneurial companies through an array of business support resources and

services.

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Start-up Incubator is needed as:

• Each year there are over 80,000 newly registered businesses in Vietnam,

• But only 20% of them survives after 3 years.

• Incubators can boost sales up by 60% => more start-ups can survive, and much more can register to be a business.

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YOU MIGHT’VE HEARD OF

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Let’s look at Y Combinator

• Founded in 2005,• Valued at 7.4 billion USD,• Funded 460 startups so far,• Average value for each business is

23 million USD.

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What about 500 Start-ups?

• Founded in 2010,• Invested 300 startups so far,• Provide $250k for early-stage

companies• 10 notable acquisitions.

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WHAT IS A START-UP BOOTCAMP?

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Start-up Bootcamp?

• A period in which a start-up incubators work with start-ups to get the companies into the best possible shape and refine their pitch to investors.

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Start-up Bootcamp?

• Twice a year, Y Combinator organizes a 3-month intensive bootcamp of mentoring, consulting and fundraising.

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WHAT IS A STARTUP FAIR?

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Start-up Fair?

• An exhibition in which major participants are start-ups, and major visitors are investors.

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Hatch is where we bring Start-up Incubator, Start-up Bootcamp and Start-up Fair together as a series of events

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It is where we bring start-ups and mentors together to create a

strong company ready to present to investors

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How do we do that?

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3 months - Start-ups, Mentors and Investors are recruited to join HATCH! FAIR.

3 weeks - HATCH! & Judges to filter out best applications

3 weeks - Start-ups to present their ideas to judges

2 months - Start-ups to receive initial investment and to work with mentors to refine their businesses

3 days - Start-ups to present their ideas to investors and the public

2 years -Investing process and following-up from Hatch

1Recruitment

2Filtering

3Presenting

4Boot Camp

5HATCH! FAIR

6Follow Up

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What kind of Start-ups?

• We want to work with as many mentors / investors as possible to help as many start-ups as possible.

• We want to work with innovative and energetic start-ups that are ready to launch.

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Why should you be interested?

• For Investors: well prepared Start-ups,

• For Start-ups: prove your concept, • Magnifying Effect: Media Attention.

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Why we want to organize Hatch

Cause we want to help people

change the world

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Why we want to organize Hatch

• Build a self-sustained, non profit community for entrepreneurism,

• Enhance the SMEs sector,

• Inspire a global Hatch spirit by extending Hatch concept to community around the world.

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So how can you help?

• Coaching, mentorship, providing experiences and advices,

• Providing resources for Hatch,• Investing or sponsoring,• Jumping on board,• Spreading our idea to everyone.

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Contact us at

Pham Quoc Dat+844 6275 7406

[email protected]