22th February, DIA symposium Maastricht

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

LOVE

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80% of startups fail

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Lack of knowledge &

experience

to  find  customersto  find  investors

for  press  and  exposurefor  ge4ng  connected  to  the  right  people

True  innovators  that  have  big  ideas  are  o9en  

young  peopleLack  effec>ve  execu>on  

skills

Main reasons for failure

Lack of Network

Lack of Support

The  path  to  success  is  long,  chao>c  and  risky

What is an Accelerator?

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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 and events for a definite period (usually three months)

•in exchange for equity

What is Rockstart Accelerator?

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Rockstart Accelerator - what is it

10 teams99+ mentors

1 year in 100 daysAmsterdam

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Investment per startup

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Financial InvestmentValue per team

€15.000

In kind investment through partners

€46.000

€15.000

€3.800

€4.600

€10.000

€2.500

Total €100.700

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2

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Selection

Selection

Summary of Rockstart Accelerator model

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

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#1 Have the best curriculum

Focus on a specific stage and know your startup better than they know themselves....

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#2 Build a community of engaged mentors

They will make the difference between success and failure...

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99+ mentors that deliver support for free

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Provide inspiration and great energy....

How can you repay them...?

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#3. Be open

Select only the best & fully committed startups, from anywhere...

400 applicants from 60+ countries....

Before After 1Y

If you had invested...

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#4 Carefully design pressure and deadlines

Focus on a specific stage and know your startup better than they know themselves....

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Two Phase approach

Spring Program

Summer Program

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#5 Cheap = cool

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

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BUDGET

we are a startup...

EUR 750k

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#6 Become a hub in your community

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

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#7 CEO of incubator has to be accountable

The CEO should have an upside.....

.....and there should be private stakeholders...

Thanks for your attention!

@donritzendon@rockstart.comslideshare.com/donritzen