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The presentation was handled for Startup Mantra 2014, the annual event of Kerala Startups. The slides talk about incubators, accelerators, their advantages, disadvantages, how to evaluate and some tips.
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Incubators, Accelerators and
Startups
Founder’s Perspective
No definition is perfect
Stop me & ask your questions
Accelerator Incubator
What are they looking for?
a great STORY
Rock-star TEAM
Product • Problem
• Solution
Traction is King
Online Form
2 Min Video Interview
Share experience & avoid common
pit-falls
Press hears about it
Access to Capital
Gyan
Confusion & Distraction
Co-working space is not always fun
• Equity Vs. Fund + Other Value • Carefully see ‘50K services’. • ‘Investor partnership’ • ‘Demo day’ -‐ mostly hype only. • Don’t count too much on ‘Mentoring’
• accel/Incub focusing on your industry.
• Ask how will they get you customers?
How to find Accels/Incubators
Be Bloody Confident
No is as good as Yes
Find people who can vouch for you
relevant information, sell smarter, grow revenue
vibeapp.co
The Sales & Marketing Problem
• Push Broadcasting doesn’t work anymore
• Prospect Research killing 20% time
• CRM doesn’t have enough information
• Pain to regularly update the CRM
• View holistic, accurate, and relevant prospect & customer info
• Appends each CRM record with personal, professional, social, contact & insights.
• Checks for Updates regularly and updates automatically
3 fold Solution from Vibe
If you are a first-time Entrepreneur, I recommend an
Incub/Accel