Start-Up Accelerators
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Transcript of Start-Up Accelerators
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{
Start-Up Accelerators
Pros and Cons for Accelerator Programs
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Ñ What is a Start-Up Accelerator? Ñ What can be accelerated? Ñ What are the advantages? Ñ What are the downsides? Ñ Examples
Ó Y Combinator Ó German Silicon Valley Accelerator
Content Wednesday, 26th June Start-Up Accelerators by Melanie Schweiger, WiChi14
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{ - Jason Goldberg, FAB
Wednesday, 26th June
2 Start-Up Accelerators by Melanie Schweiger, WiChi14
<<Always choose your investors based on who you want to work with, be friends with, and get advice from. Never, ever, choose your investors based on valuation.>> (Source: startupquote.com)
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Ñ Purpose: Ó successful development of entrepreneurial
businesses
Ñ Value: Ó Fundraising Ó Mentoring, Training Ó Networking
Ñ Procedure:
Ó Application process Ó 3-month training Ó „Demo Day“
What is a Start-Up Accelerator? Wednesday, 26th June
3 Start-Up Accelerators by Melanie Schweiger, WiChi14
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Ñ IT Ñ Education Ñ Energy Ñ Enterprise / Big Data Ñ Financial Services Ñ Government Ñ Health Ñ Biotech Ñ Civic Venture Ñ Hardware Ñ Public Media Ñ Mobile
What can be accelerated? Wednesday, 26th June
4 Start-Up Accelerators by Melanie Schweiger, WiChi14
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„The Big Players“ Wednesday, 26th June
5 Start-Up Accelerators by Melanie Schweiger, WiChi14
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Ñ Mentorship
Ñ Visibility
Ñ Networking
What are the advantages? Wednesday, 26th June
6 Start-Up Accelerators by Melanie Schweiger, WiChi14
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Ñ Equity
Ñ Relocation
Ñ Accelerator Diversity
What are the downsides? Wednesday, 26th June
7 Start-Up Accelerators by Melanie Schweiger, WiChi14
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Ñ Duration: 3 months; 2x/year Ñ Location: Mountain View, Silicon Valley Ñ Funding: $11,000 + $3,000 per founder Ñ Equity Stake: 2-10% Ñ Notable Companies: AirBnB, Dropbox,
Y Combinator Wednesday, 26th June
8 Start-Up Accelerators by Melanie Schweiger, WiChi14
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Ñ Duration: 3 months; 4x/year Ñ Location: Sunnyvale, Silicon Valley Ñ Funding: $20,000 ++ Ñ Equity Stake: Non Ñ Notable Companies: HoneyTracks,
ParStream
German Silicon Valley Accelerator
Wednesday, 26th June
9 Start-Up Accelerators by Melanie Schweiger, WiChi14
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Any questions? Wednesday, 26th June
10 Start-Up Accelerators by Melanie Schweiger, WiChi14