F10 FinTech Accelerator Q&A Presentation

F10 FinTech
Incubator
& Accelerator
Q & A Session
Thomas Landis / James Sanders
Program Manager / Startup Coach F10

A dozen reasons why Startups fail
F10 FINTECH INCUBATOR & ACCELERATOR Q & A Session
1. No funding
2. Poor team
3. Poor product
4. Bad timing
5. No customers
6. Competion
Here is where F10 FinTech Incubator & Accelerator helps!
7. Lack of focus
8. Lack of passion
9. Bad location
10. Not profitable
11. Burn out
12. Legal issues

F10 is a non-profit Organization
Corporate Members – Q1 2017

F10 is located in Zurich – Switzerland in the Heart of Europe
F10

F10 is located in the Heart of Zürich
F10

Program Overview
Idea To Prototype Prototype To Product Product To Market Member Roundtable

Week 5 December 4th – 7th
FINALIZE BUSINESSPLAN, LAUNCH
MVP, DEMO DAY & GRADUATION
Week 4 October 30th – November 3rd
GET READY FOR INVESTORS
LEGAL & REGULATIONS
Week 3 September 25th – 29th
PRODUCT / MARKET FIT
MARKETING & SALES STRATEGY
Week 2 August 28th – September 1st
PROBLEM / SOLUTION FIT
BUSINESS, PRODUCT & TECH.
Week 1+2 July 3rd – 13th
UNDERSTAND THE CUSTOMER
PROBLEM, VISION, TEAM,
BUSINESS MODEL
P2 – Schedule Summer Batch 2017

P2 – Program Details
6 Months (3rd July – 7th December 2017)
For teams with great first prototypes, to create a minimal viable product
Lessons and workshops into five units for a total of 30 days
Access to Corporate Sponsors, Banks, members and mentor network
CHF 15’000.– reimbursement for each team, if Milestones are reached

F10 Core Team

F10 Association Board Members as today

F10 Mentors
Please check our Mentors CVs here: http://www.f10.ch/about/

P2 – Criteria for Startups
Teams / Startups with a prototype (Click version or good PowerPoint are ok)
Real problem has been identified and validated
At least 2 team members working 100% on the project
Online participation of the program is possible, but present during the
6 training weeks in Zurich is mandatory

Key Dates
31.05. + 1.06.
Speed Dating
Pre-Selection
(top 25)
03.07. – 14.07.
Program Launch
Masterclass 1
Week 1+2
28.04.
Application
Period
Closed
21.06.
Selection Day
Communication
28.08. – 01.09.
Masterclass 2
Week 8 25.09. – 29.09.
Masterclass 3
Week 13
30.10. – 03.11.
Masterclass 4
Week 18
04.12.– 07.12.
Demo Day
Masterclass 5
Week 23
2017
29.04. – 9.05.
Top 50
Selection
10. – 15.05.
Skype
Interviews
17.05.
Top 25
Selection
06.06.
Top 15
Selection

F10 Acceleration Lifecycle / Roadmap 2017
Ideation Problem/ Solution fit Product/Market fit Launch MVPStage
Goal
Action
Output
Masterclass
Key Topics
Milestones
Get in Love with
the customer problem
• Start Program
• 2 Week Masterclass
• Project mgt. basics
• Understand the customer
• Reduce risks
• Accelerate the idea
• Vision, mission
15 customer
problems understood
Week 1 + 2
3rd – 14th July
3rd July - 28th August 17 29th August - 25th September 17
Demonstrate that idea
represents a problem
worth solving
• Develop & test prototype
• Validate problem / solution fit
• Understanding customer
forces
• Prototyping
• UX design basics
• Business model
• Strategy
Customer problems and possible
solutions validated
Week 8
28th Aug – 1st September
• Customer problem validated
• Clear vision, mission
• Risks identified & mitigation
planed
26th September - 22nd October 17
Demonstrate business model
is working on a small scale
• Further validate problem /
solution
• Test business model with
market
• Marketing, branding &
communications
• Getting investment ready
• Market regulations
• Contribution margin calculation
Solutions tested with the
market
Week 13
25th – 29th September
• Validated prototype with customers
• Validated business model
• Unique value proposition
• Clear picture of MVP
23th Oct. - 7th December 17
Win first paying customer
Run proof of concept with
corporate partner
• Finding the needed
investment
• Launch MVP on the market
• Go to market strategy
• Investordeck
• Investorday
• Demoday
MVPs launched
Week 18 + 23
30th Oct – 3rd November
4th - 7th December
• MVP development planed &
started
• Customer acquisition planed &
started
• Investor Deck finished
• Business plan & case finished
• LOI with Corporate Partner
signed

Frequently asked questions
What kind of Startups is F10 looking for?
We focus on early stage FinTech, RegTech and InsurTech Startups
from all over the world.

What is the offering for the Startups?
We help the Startups to further develop their product and launch it
on the market.
We reimburse a total of CHF 15’000.– expenses for each Startup (if
they reach the milestones).
We offer free office space in Zurich – Switzerland for 6 months.
We put you in the spotlight for 6 months and open doors for you.
We connect the Startups with the C-Levels of the Corporate
Partners.

6 Month is very long time for an Accelerator Program.
Our goal is that the Startups find their first paying customer; and we
know from our experience that working with Banks and Insurances
takes quite some time.

Why is F10 not taking any equity?
Two reasons:
1) We are a non-profit organization. Our Corporate Partners mainly
want to learn about the technologies, the business models and
launch Products together with the Startups.
2) We want to coach the Startups as good as possible and help
them to bring the best possible solution to the market. We belife that
if we would invest money in you, we couldn’t do that.

Is F10 investing in Startups?
F10 does not invest in Startups directly, but our Corporate Partners
(PWC, Generali, Baloise, SIX and Eny Finance) do. We also work
together with VCs and Angels-Networks and invite them for our
Investorday and Demoday.

How does it work with the Masterclasses?
At least two co-Founders from your Startups must be in Zurich
during the Masterclass Weeks (6 Weeks).

Do you help Startups with getting a Visa for Switzerland?
F10 can not help the Startups to get a visa for Switzerland.
Therefore the Teams only have to be present in Zurich for 6 weeks.
Startups should be able to attend this 6 weeks with a tourist or an
education visa.

What kind of trainings does F10 provide?
Many different like Pitch Training, Structuring you Value Proposition,
defining you Vision, Team Building, User Experience, Marketing,
Founding and Funding a Company in Switzerland, Legal and
Regulatory etc.”

Not all of us are working 100% on the project is that a problem?
We only pick 15 Startups per batch. During the 6 month we help
them night and day with our heart and soul to be successful. Since
we give all for the success of the Starups we expect the Founders
to work fulltime on the project. Therefore we only accept Startups
where at least two persons work 100% on the project.

We have already an MVP can we still apply?
If the Startups is willing to question again their launched product
and if needed to pivot the prodcut, then we can also accept teams
who have already launched their product.
Nevertheless our mainfocus is on very early stage Startups who
have at least a validated Prototype.

We are not incorporated is that a problem?
Not at all. We help you to get incorporated in Switzerland.

How do I apply?
Go to www.f10.ch and apply for it until April 28th.

How does the selection process work?
1) Applications will be closed by April 28th
2) F10 invites Top50 for a Skype Interview (10th – 15th May)
3) F10 selects Top25 for 2-Day Speed Dating in Zurich (31st May+1st June)
4) Corporate Partners from F10 select Top15 for Program
5) Program starts July 3rd in Zurich - Switzerland

Great to have you
on board!
Please contact us for any further information
thomas.landis@f10.ch / james.sanders@f10.ch

F10 FinTech Accelerator Q&A Presentation

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F10 FinTech Accelerator Q&A Presentation