Info session (volta)

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Cohort 5 Info Session August 26, 2014

description

Propel ICT Accelerator Information Session @Voltaeffect August 27, 2014

Transcript of Info session (volta)

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Cohort  5  Info  Session  August  26,  2014  

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Success  Stories  A  year  of  progress  trending  upward  

Four  Companies  in  Cohort  4  Received  Funding  from  BDC  

31  companies  launched  to  date  through  Launch  36.  We  are  on  track  to  hit  our  target  of  36  companies  in  3  years.  

Two  companies  in  Cohort  2  Received  Funding  from  BDC    

Three  Companies  in  Cohort  3  Received  Funding  from  BDC  

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Am  I  too  early  or  late  to  apply?    TesKng  Bulletproof  Glass  (1931)  

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Programming  ü  Validated  learning  ü  Lean  Startup  ü  Develop  first  release  ü  Founding  team  ü  Early  adopters  

ü  Customer  acquisiKon  ü  Honing  sales  model  ü  Deeper  bench  ü  Framework  to  scale  ü  Clearer  path  ahead  

START  PHASE  PROGRAM  

BUILD  PHASE  PROGRAM  

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START  

COMMUNITY  PARTNER  PERKS  

CLARITY.FM  CREDITS  

MENTORSHIP  

OFFICE  SPACE  (12-­‐WEEKS)  

DEMO  DAY  

BUILD  

BDC  NOTE  ELIGIBILITY  ($150K)  

CLARITY.FM  CREDITS  

SPECIALIZED  MENTORSHIP  

ENTREPRENEUR  IN  RESIDENCE  

INVESTOR  NETWORK  

DEMO  DAY  

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Timeline  

Sept  8th  

ApplicaKon  Deadline  

Sept  12th  

SelecKon  Camp  (Moncton,  NB)  

Sept  22  

Start  &  Build  

Nov  18th  

Demo  Day  

Week  of  

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Do  you  qualify?  

Are  you  a  technology  based  startup?    Then…     YES!  

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Sept  12th  

Moncton,  NB  9AM  -­‐  TBD  

SelecUon  Camp  

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SelecUon  Criteria  (Start)  q Have  a  working  prototype  of  a  MVP?  

q Product/service  offering?  q Find  a  viable  and  addressable  market?  

q CompeKKon?  

q Cost  structure  of  the  business?  q Know  a  clear  path  to  revenue?  q Secure  early-­‐adopter  customer(s)  

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SelecUon  Criteria  (Build)  q A  completed  lean  canvas  

q Customer  validaKon    

q A  total  addressable  market  that  is  greater  than  $500-­‐

million    

q A  working  minimal  viable  product  or  prototype,  and;  

q A  commieed  founding  team,  ideally  full-­‐Kme.    

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But  most  importantly…  

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Q&A  

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HOW  TO  APPLY  

www.launch36.ca/apply    

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3  Things    

ApplicaKon  Deadline  is  Sept  8th    

ApplicaKon  Deadline  is  Sept  8th    

ApplicaKon  Deadline  is  Sept  8th    

 

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Thank  You