The Story of Microsoft Ventures Accelerator
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Transcript of The Story of Microsoft Ventures Accelerator
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Warwick HillCEO-in-Residence and MDMicrosoft Ventures London@Warwick_hill
The Story Of Microsoft Ventures Accelerator
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Accelerator definition
fixed-term, cohort-based programs, that include mentorship and educational components and aims at growing business rapidly, ending in demo-day.
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Startups Matter!
Bringing Radical Innovation!
It’s no secret that start-ups matter!
They are disrupting every industry with innovation, leading every major change in the world.
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“All growth comes because of startups”
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Our Mission
Empowering Startups to Achieve More
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The Accelerator Program
Introduction to VCs
Access to resourcesOffice space
Mentors and experts Access to customers
Business Development
Technology experts
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April 2012, Microsoft Accelerator (Israel)
Our Beginning…200 applications / 11 accepted
@MSFTVenturesUK
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A Diverse Program Website
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Microsoft Ventures In Numbers
$4.73M($718K median in funding) raised a year from graduation
438companies have gone through our accelerators to-date
82%Follow-on funding received within 1 year of Demo Day (US average is 59%)
28Startup exits: 27 acquisitions to-date (one by Microsoft) and 1 IPO
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Leading Corporate Accelerator Program
Chosen as the #1 accelerator in Israel by GeekTime.(50K voters)
Ranked #1 in the list of ‘Top 5 Incubators considered Market Leaders’ at the global ET Survey 2014
Beijing accelerator was voted by Cyzone as one of the #1 incubator in the country.(Out of 1800)
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“We believe that supporting security innovation, not only at Akamai, but also through promising entrepreneurs, is of true benefit to our customers and any company doing business on the Internet.“
Stuart SchollySenior Vice President & General Manager, Security Division, Akamai
“we are going to learn new things that will help us take care of our customers”
Peter GunderChief Business Development Officer @ American Family Insurance:
“Externally, we formed partnerships with two well-known business accelerator incubators - Microsoft Ventures and Healthbox…. These relationships give BD access to some of the world’s best science, technology & entrepreneurs - all with the goal of incenting the entrepreneurial community to consider and pursue early-stage business concepts that align with BD’s strategic Interests”.
BD yearly report 2014.
Partnering With Other Corporates
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Our Alumni ProgramGlobal and local benefits for graduates
Open hours Tech support Free & discounted tickets for events Alumni events Demo and speaking opportunities in tier 1
events Business travel work space Webinars Marketing and PR amplification Global community Access to investors and customers
“The Microsoft Meetup at SXSW was amazing! I met many startups engaged with the ecosystem who are using the Azure cloud infrastructure as we do too”
Parth Saxena @TommyJams, MV Bangalore
“Thanks so much for coordinating everything! I had a chance to say hi to the SkyGiraffe team as well which was great -- always nice to meet another MV alum!”
Wendy Qi @Sentri, MV Seattle
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Supporting the Global Ecosystem
Partnering with other accelerators
Running meetups and educational sessions for all entrepreneurs in the local ecosystem
Connecting startups with industry leaders (DLD)
Sharing Knowledge
Joint initiativesHosting Think Next, a leading technology event in Tel Aviv and India
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How Did The Program Become a Success?Focused
Effort
We are targeting a specific audience with a clear benefit.
Single Blue PrintGlobal guidelines based on best practices, continually refined with local adjustments to cater to cultural diversity
Entrepreneurs For
Entrepreneurs
We have a consistent operating model defining roles and team members executing the blue print.
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Success StoriesArianna Huffington, founder and editor-in-chief of The Huffington Post, Boris Johnson, mayor of London
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Why are we different?
Microsoft Ventures is a global programme that identifies high performing start-ups such as Buying Butler (2014 London Cohort) that have the ability to become billion dollar businesses. Microsoft back these start-ups via a formal programme that incorporates both an accelerator and on going support where we help these start-ups with more than just technical support, most importantly with formal introductions to our customers where we identify customer pain points and start-ups that can help to solve these…
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Kevin MonserratMarketing and Relationship ManagerMicrosoft Ventures Londonhttps://uk.linkedin.com/in/kevinmonserrat