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22th February, DIA symposium
Maastricht

“7 principles to accelerate technology
startups from 200k to 2 million”
LOVE
80% of
startups
fail
3
Main reasons for failure
          Lack of                                   Lack of                              Lack of
       knowledge &                                  Network                              Support
        experience

     True	
  innovators	
  that	
                to	
  find	
  customers         The	
  path	
  to	
  success	
  is	
  
    have	
  big	
  ideas	
  are	
  o9en	
           to	
  find	
  investors      long,	
  chao>c	
  and	
  risky
          young	
  people                     for	
  press	
  and	
  exposure
    Lack	
  effec>ve	
  execu>on	
  
                                               for	
  ge4ng	
  connected	
  
                skills
                                                to	
  the	
  right	
  people

4
What is an
Accelerator?
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 an
events for a definite period (usually three months)

•in exchange for equity
6
What is
Rockstart
Accelerator?
Rockstart Accelerator - what is it


10 teams
  99+ mentors
    1 year in 100 days
           Amsterdam
8
Investment per startup
                                            Value per team
             Financial Investment

                                            €15.000

      In kind investment through partners

                                            €46.000

                                            €15.000

                                            €3.800

                                            €4.600

                                            €10.000

                                            €2.500

    Total                                   €100.700

                                                             2

9
2

10
Summary of Rockstart Accelerator model
         Se
           le
             ct
               io
                 n




             tion
           ec
        Sel


11
“7 principles to
     accelerate technology
     startups from 200k to 2
     million”

12
#1 Have the best curriculum


     Focus on a specific stage
     and know your startup
     better than they know
     themselves....
13
#2 Build a community of engaged mentors


         They will make the
         difference between
         success and failure...
14
99+ mentors that deliver support for free




15
How can you repay them...?



         Provide inspiration
         and great energy....

16
#3. Be open


         Select only the best &
         fully committed
         startups,
         from anywhere...
17
400 applicants from 60+ countries....




  Before                     After 1Y
If you had invested...
#4 Carefully design pressure and deadlines


          Focus on a specific stage
          and know your startup
          better than they know
          themselves....
20
Two Phase approach


                                     Spring
                                    Program



     Summer
     Program

21
#5 Cheap = cool


     Create a culture of doing
     the most with the very
     least...

22
BUDGET



     we are a startup...

     EUR 750k
23
#6 Become a hub in your community


      Sponsor meetups with
      location and involve local
      thought leaders...

24
#7 CEO of incubator has to be accountable

        The CEO should have an
        upside.....

        .....and there should be
        private stakeholders...
25
Thanks for your
attention!

@donritzen
don@rockstart.com
slideshare.com/
donritzen

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Don Ritzen op DIA-symposium 22-2-2013

  • 1. 22th February, DIA symposium Maastricht “7 principles to accelerate technology startups from 200k to 2 million”
  • 4. Main reasons for failure Lack of Lack of Lack of knowledge & Network Support experience True  innovators  that   to  find  customers The  path  to  success  is   have  big  ideas  are  o9en   to  find  investors long,  chao>c  and  risky young  people for  press  and  exposure Lack  effec>ve  execu>on   for  ge4ng  connected   skills to  the  right  people 4
  • 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 an events for a definite period (usually three months) •in exchange for equity 6
  • 8. Rockstart Accelerator - what is it 10 teams 99+ mentors 1 year in 100 days Amsterdam 8
  • 9. Investment per startup Value per team Financial Investment €15.000 In kind investment through partners €46.000 €15.000 €3.800 €4.600 €10.000 €2.500 Total €100.700 2 9
  • 10. 2 10
  • 11. Summary of Rockstart Accelerator model Se le ct io n tion ec Sel 11
  • 12. “7 principles to accelerate technology startups from 200k to 2 million” 12
  • 13. #1 Have the best curriculum Focus on a specific stage and know your startup better than they know themselves.... 13
  • 14. #2 Build a community of engaged mentors They will make the difference between success and failure... 14
  • 15. 99+ mentors that deliver support for free 15
  • 16. How can you repay them...? Provide inspiration and great energy.... 16
  • 17. #3. Be open Select only the best & fully committed startups, from anywhere... 17
  • 18. 400 applicants from 60+ countries.... Before After 1Y
  • 19. If you had invested...
  • 20. #4 Carefully design pressure and deadlines Focus on a specific stage and know your startup better than they know themselves.... 20
  • 21. Two Phase approach Spring Program Summer Program 21
  • 22. #5 Cheap = cool Create a culture of doing the most with the very least... 22
  • 23. BUDGET we are a startup... EUR 750k 23
  • 24. #6 Become a hub in your community Sponsor meetups with location and involve local thought leaders... 24
  • 25. #7 CEO of incubator has to be accountable The CEO should have an upside..... .....and there should be private stakeholders... 25