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Tumml:
Urban Ventures 
Accelerator
We’re rapidly urbanizing: 81% of Americans
currently live in and around urban areas
Urban problems are getting worse:Traffic
congestion, overstressed schools, etc.
Government can’t tackle these problems on its
own:2012 was the 5th year of declining city revenues
Urbanization is disrupting the
way we live and work.
The next generation of Zipcar and Revolution Foods
Building consumer-facing products or services
Tackling urban problems such as health, education,
mobility, safety, and resource management
Can scale from city to city
Entrepreneurs can help.
But who are they?
Case study: 
Revolution Foods
Revolutionizing school lunches across
the country through healthy school
meals and nutrition education
Has grown to 1,000 employees in 7
years of operations, tapping traditional
and social investors
Urban impact:over 50 million meals
served across 25 cities in mostly low
income, urban communities
Industry
Education &
health
Summary
Healthy school
lunch provider
and nutritional
educator
Founded 2005 in Oakland
Investors
Catamount
Ventures,
NewSchools
Venture Fund,
Bay Area Equity
Case study: 
Zipcar
Reshaping urban transportation by
providing a platform for community
sharing and sustainable vehicle usage
Successful IPO and impressive market
cap before sale to Avis
Urban impact:revitalizing city travel
and improving urban navigation in the
US, Canada, and the UK
Industry Transportation
Summary
Urban car sharing
service
Founded
2000 in
Cambridge
IPO
April 2011 on
NASDAQ (ZIP)
Market
cap
Acquired by Avis
in 2013 for 500M
Case study: 
Skillshare
Uses social networking to enable
people to share talents face-to-face in
over 100 cities in the US and abroad
The average class costs around $20
and Skillshare takes a 15 percent cut
Urban impact:the community
marketplace for offline classes turns
any city into a distributed campus
Industry Education
Summary
Education
crowdsourcing
platform
Founded 2011 in New York
Investors
Union Square
Ventures, Spark
Capital, Founder
Collective, SV
Angel
Urban impact
entrepreneurship trends
Mobility:Collaborative consumption, alternative vehicle transport.
Examples include Uber, Lyft, Alta Bicycle Share.
Waste and resource management:Incentivizing good behavior, supply
chain and logistics management. Examples include Recyclebank and
Big Belly Solar.
Professional services:Consumer choice and peer-to-peer support.
Examples include TaskRabbit and Yelp.
Real estate:Democratization of access. Examples include Storefront,
Popularise, Fundrise, Squarefoot, Airbnb.
Education:Peer-to-peer learning, skills training. Examples include
SkillShare and Revolution Foods.
Why aren’t we seeing more
urban impact entrepreneurs?
33%
15%
11%
35%
Crowdfunding/
grants
Angel investment/
VC
Traditional entrepreneur Urban impact entrepreneur
Have you secured any of the following forms of
funding? [% Yes]
Urban entrepreneurs don’t
have sufficient access to $.
Tumml conducted a survey of 106
early stage entrepreneurs and
found that…
Urban impact entrepreneurs are
half as likely as traditional
entrepreneurs to receive seed
stage funding
Urban impact entrepreneurs are 3
times as likely to seek
nontraditional capital, such as
grants and crowdfunding
Urban entrepreneurs don’t
get the right kind of help.
Tumml conducted a survey of 106
early stage entrepreneurs and
found that…
Urban impact entrepreneurs are
nearly twice as likely to need
access to civic leaders than are
traditional entrepreneurs
4 in 5 urban impact entrepreneurs
identify networking with other
entrepreneurs as being important
in their company’s early stages
50%
79%
30%
39%
67%
18%
Physical office
space
Networking with
other
entrepreneurs
Access to govt/
civic leaders
Traditional entrepreneur Urban impact entrepreneur
How important were the following in your company’s
early stage? [% extremely + very important]
That’s where Tumml comes in.
We empower entrepreneurs
to solve urban problems.
Space:Physical office space at the HatchToday, a
co-working space in downtown San Francisco
Curriculum:Tailored to meet the legal, legislative,
and regulatory complexities of the urban space
Mentorship:From government/civic leaders,
successful urban impact entrepreneurs, investors
Capital:$20,000 in seed funding, $35,000 of in-kind
support (legal services, web/hosting, etc)
Tumml 
Mentorship Board
Jay Nath
SF Mayor’s Office
Peter Hirshberg
Re:Imagine Group
Alison Cohen
Alta Bicycle Share
Jose Corona
Inner City Advisors
Molly Turner
Airbnb
Nick Grossman
Union Square Ventures
Nigel Jacob
Boston Mayor’s Office
Kirsten Tobey
Revolution Foods
Story Bellows
Philly Mayor’s Office
Tory Patterson
Catamount Ventures
James Geshwiler
CommonAngel 
Ron Sims
HUD
John Tolva
Chicago Mayor’s Office
Rees
We are the only accelerator
dedicated to urban innovation.
Social/non profit
accelerators
Government
initiatives
Traditional, for-profit
accelerators
Urban research and
advocacy firms
The curriculum
Developed in conjunction with the Martin Trust
Center for MIT Entrepreneurship and the MIT Media
Lab
Weekly workshops from experts in law, public and
urban policy, financing
Regular one-on-one office hours with a rotation of
expert mentors
Informal weekly networking events
Here are the metrics we use
to measure success.
Scaling: Tracking each company’s progress moving into
new markets by providing them with resources and
mentorship to establish a playbook for growth
Jobs created: Providing connections for recruitment,
community engagement, and human resource
management for small and scaling companies
Impact assessment: Each company will complete a B
Lab impact assessment and will track them annually
against specific IRIS standards
Here are some statistics about
our first pool of applicants.
Less than 10% acceptance rate: 52 applicants for
five spots
Gender parity: 48 percent of applicants have a
female co-founder
Social equity: 40 percent of applicants have a
product application for underserved communities
Three dominant industry trends: Small business
services, mobility, and local food
Want to meet the members of
Tumml’s first cohort?
A blue collar identity service that makes it easier to find work in the
skilled trades online
Work Hands
An easy and efficient way to apply to multiple preschools online
and manage the preschool admission process
KidAdmit
A mobile donation platform to support neighbors in need
HandUp
A real-time, on-demand, multi-pickup ridesharing solution,
matching cars with multiple riders
Corral Rides
Julie Lein
President
Former pollster and
political consultant, worked
as a Fellow with Revolution
Foods. MBA from MIT Sloan
and BA from Stanford.
Clara Brenner
CEO
Background in urban real
estate and sustainability,
worked as an Associate with
WestMill Capital. MBA from
MIT Sloan and BA from NYU.
Team Tumml
2012	
  
•  Conducted qualitative & quantitative research among 125 entrepreneurs
•  Built out Mentorship Board of civic and government innovators
•  Recruited Tumml Board of Directors for strategy and fundraising
•  Developed tailored curriculum alongside the Martin Trust Center for MIT
Entrepreneurship and MIT Media Lab
•  Obtained official 501(c)(3) nonprofit status Dec 2012
Q1	
  2013	
  
•  Hosted first public-facing event,“Urban Innovation and the Role of
Government,” with approx. 135 people in attendance
•  Provided consulting & resource support for early stage urban impact
entrepreneurs like Park Please, Urban Kit, and Wigglemap
•  Developed thought leadership around urban impact space with biweekly
newsletter, blogging, and urban innovation event series with SPUR
•  Secured funding, including a grant from The Blackstone Charitable
Foundation and sponsorship from Accela and Nixon Peabody
Q2-­‐Q4	
  2013	
  	
  
•  Opened application process for first cohort from April 1 – 30, 2013
•  First cohort ran June 10 – September 2013
•  Continued public-facing events with collaborators like SPUR and sf.citi
•  Opened applications for next cohort
Milestones
Moving forward, Tumml will
implement the 486 Strategy.
Recruitment:Growing the base of innovators
Thought Leadership:Building the sector support
Infrastructure
Entrepreneur Incentives:Spreading Tumml’s reach
Cohort Support:Expanding Tumml’s programming
Questions?

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Seminário Internacional Sampa CriAtiva, 3/12/2013 - Apresentação Clara Brenner

  • 2. We’re rapidly urbanizing: 81% of Americans currently live in and around urban areas Urban problems are getting worse:Traffic congestion, overstressed schools, etc. Government can’t tackle these problems on its own:2012 was the 5th year of declining city revenues Urbanization is disrupting the way we live and work.
  • 3. The next generation of Zipcar and Revolution Foods Building consumer-facing products or services Tackling urban problems such as health, education, mobility, safety, and resource management Can scale from city to city Entrepreneurs can help. But who are they?
  • 4. Case study: Revolution Foods Revolutionizing school lunches across the country through healthy school meals and nutrition education Has grown to 1,000 employees in 7 years of operations, tapping traditional and social investors Urban impact:over 50 million meals served across 25 cities in mostly low income, urban communities Industry Education & health Summary Healthy school lunch provider and nutritional educator Founded 2005 in Oakland Investors Catamount Ventures, NewSchools Venture Fund, Bay Area Equity
  • 5. Case study: Zipcar Reshaping urban transportation by providing a platform for community sharing and sustainable vehicle usage Successful IPO and impressive market cap before sale to Avis Urban impact:revitalizing city travel and improving urban navigation in the US, Canada, and the UK Industry Transportation Summary Urban car sharing service Founded 2000 in Cambridge IPO April 2011 on NASDAQ (ZIP) Market cap Acquired by Avis in 2013 for 500M
  • 6. Case study: Skillshare Uses social networking to enable people to share talents face-to-face in over 100 cities in the US and abroad The average class costs around $20 and Skillshare takes a 15 percent cut Urban impact:the community marketplace for offline classes turns any city into a distributed campus Industry Education Summary Education crowdsourcing platform Founded 2011 in New York Investors Union Square Ventures, Spark Capital, Founder Collective, SV Angel
  • 7. Urban impact entrepreneurship trends Mobility:Collaborative consumption, alternative vehicle transport. Examples include Uber, Lyft, Alta Bicycle Share. Waste and resource management:Incentivizing good behavior, supply chain and logistics management. Examples include Recyclebank and Big Belly Solar. Professional services:Consumer choice and peer-to-peer support. Examples include TaskRabbit and Yelp. Real estate:Democratization of access. Examples include Storefront, Popularise, Fundrise, Squarefoot, Airbnb. Education:Peer-to-peer learning, skills training. Examples include SkillShare and Revolution Foods.
  • 8. Why aren’t we seeing more urban impact entrepreneurs?
  • 9. 33% 15% 11% 35% Crowdfunding/ grants Angel investment/ VC Traditional entrepreneur Urban impact entrepreneur Have you secured any of the following forms of funding? [% Yes] Urban entrepreneurs don’t have sufficient access to $. Tumml conducted a survey of 106 early stage entrepreneurs and found that… Urban impact entrepreneurs are half as likely as traditional entrepreneurs to receive seed stage funding Urban impact entrepreneurs are 3 times as likely to seek nontraditional capital, such as grants and crowdfunding
  • 10. Urban entrepreneurs don’t get the right kind of help. Tumml conducted a survey of 106 early stage entrepreneurs and found that… Urban impact entrepreneurs are nearly twice as likely to need access to civic leaders than are traditional entrepreneurs 4 in 5 urban impact entrepreneurs identify networking with other entrepreneurs as being important in their company’s early stages 50% 79% 30% 39% 67% 18% Physical office space Networking with other entrepreneurs Access to govt/ civic leaders Traditional entrepreneur Urban impact entrepreneur How important were the following in your company’s early stage? [% extremely + very important]
  • 11. That’s where Tumml comes in.
  • 12. We empower entrepreneurs to solve urban problems. Space:Physical office space at the HatchToday, a co-working space in downtown San Francisco Curriculum:Tailored to meet the legal, legislative, and regulatory complexities of the urban space Mentorship:From government/civic leaders, successful urban impact entrepreneurs, investors Capital:$20,000 in seed funding, $35,000 of in-kind support (legal services, web/hosting, etc)
  • 13. Tumml Mentorship Board Jay Nath SF Mayor’s Office Peter Hirshberg Re:Imagine Group Alison Cohen Alta Bicycle Share Jose Corona Inner City Advisors Molly Turner Airbnb Nick Grossman Union Square Ventures Nigel Jacob Boston Mayor’s Office Kirsten Tobey Revolution Foods Story Bellows Philly Mayor’s Office Tory Patterson Catamount Ventures James Geshwiler CommonAngel Ron Sims HUD John Tolva Chicago Mayor’s Office Rees
  • 14. We are the only accelerator dedicated to urban innovation. Social/non profit accelerators Government initiatives Traditional, for-profit accelerators Urban research and advocacy firms
  • 15. The curriculum Developed in conjunction with the Martin Trust Center for MIT Entrepreneurship and the MIT Media Lab Weekly workshops from experts in law, public and urban policy, financing Regular one-on-one office hours with a rotation of expert mentors Informal weekly networking events
  • 16. Here are the metrics we use to measure success. Scaling: Tracking each company’s progress moving into new markets by providing them with resources and mentorship to establish a playbook for growth Jobs created: Providing connections for recruitment, community engagement, and human resource management for small and scaling companies Impact assessment: Each company will complete a B Lab impact assessment and will track them annually against specific IRIS standards
  • 17. Here are some statistics about our first pool of applicants. Less than 10% acceptance rate: 52 applicants for five spots Gender parity: 48 percent of applicants have a female co-founder Social equity: 40 percent of applicants have a product application for underserved communities Three dominant industry trends: Small business services, mobility, and local food
  • 18. Want to meet the members of Tumml’s first cohort?
  • 19. A blue collar identity service that makes it easier to find work in the skilled trades online Work Hands
  • 20. An easy and efficient way to apply to multiple preschools online and manage the preschool admission process KidAdmit
  • 21. A mobile donation platform to support neighbors in need HandUp
  • 22. A real-time, on-demand, multi-pickup ridesharing solution, matching cars with multiple riders Corral Rides
  • 23. Julie Lein President Former pollster and political consultant, worked as a Fellow with Revolution Foods. MBA from MIT Sloan and BA from Stanford. Clara Brenner CEO Background in urban real estate and sustainability, worked as an Associate with WestMill Capital. MBA from MIT Sloan and BA from NYU. Team Tumml
  • 24. 2012   •  Conducted qualitative & quantitative research among 125 entrepreneurs •  Built out Mentorship Board of civic and government innovators •  Recruited Tumml Board of Directors for strategy and fundraising •  Developed tailored curriculum alongside the Martin Trust Center for MIT Entrepreneurship and MIT Media Lab •  Obtained official 501(c)(3) nonprofit status Dec 2012 Q1  2013   •  Hosted first public-facing event,“Urban Innovation and the Role of Government,” with approx. 135 people in attendance •  Provided consulting & resource support for early stage urban impact entrepreneurs like Park Please, Urban Kit, and Wigglemap •  Developed thought leadership around urban impact space with biweekly newsletter, blogging, and urban innovation event series with SPUR •  Secured funding, including a grant from The Blackstone Charitable Foundation and sponsorship from Accela and Nixon Peabody Q2-­‐Q4  2013     •  Opened application process for first cohort from April 1 – 30, 2013 •  First cohort ran June 10 – September 2013 •  Continued public-facing events with collaborators like SPUR and sf.citi •  Opened applications for next cohort Milestones
  • 25. Moving forward, Tumml will implement the 486 Strategy. Recruitment:Growing the base of innovators Thought Leadership:Building the sector support Infrastructure Entrepreneur Incentives:Spreading Tumml’s reach Cohort Support:Expanding Tumml’s programming