2. Today, investment in startups is regarded as one of the main
routes towards economic recovery
In the past months, investments in entreprenuerial efforts have emerged in many forums
as one of the pricipal roads to economic recupera>on
“Our future prosperity in part depends on whether or not we are crea-ng an environment in which folks can
test new ideas, bring new products to market, and generate new businesses. And that’s not just a challenge for
government. It’s a challenge that requires businesses, and leaders, and universi-es, [and] others to seek out
new ways to promote entrepreneurship across this country.” ” (January 2011)
Barack Obama
President of the United States
“It is in -mes of recession when people come together and are more
open to working together [...] let´s not forget that the U.S. economic
strength in the world is due to it´s entrepreneurial capacity” (January 2011)
Gene B. Sperling
Director of the Na-onal Economic
“Innova-on is a key factor for growth, economic recovery and to
Council of the United States
create jobs. [...] Spain has a very interes-ng future in the world, but you have
to help entrepreneurs “ (December 2010)
Alan Solomont
Ambassador of the “We will overcome the crisis with entrepreneurs, they generate wealth and
United States to Spain employment, as well as social work not sufficiently recognized, but
to grow you need a framework that allows entrepreneurs to start a
business, hire people and prosper " (January 2011 )
Claudio Boada
President of the Circulo de Empresarios, President of Aban-a‐TICSA and Atlas Capital
3. However, the accelera>on of the rate of change of innova>on,
obstructs the current tradi>onal models of investment
The rate of change of technological The implica>ons of this accelera>on are
innova>on has been greatly accelerated transforming current investment model
• Dras>c reduc>on in the window of investment
opportunity
• Need to detect talent in earlier phases in order to
invest
• Need to search for flexible mechanisms of
development and investment for startups and
investors.
— New Development Model:
Launch fast, fail fast, iterate fast and adapt to the
market (demand) constantly
— New Investment Model:
The rate of change of technological innova>on is the Invest earlier (earlier phases), invest more broadly
>me requirement for the emergence of a new disrup>ve (porLolio diversifica>on), share risks (more co‐
element in the market that can somehow change investment), and support startups through
the rules established so far. “something more” than just money (mentoring,
contacts, ect.)
4. Business accelerator programs have become the most efficient
formula to increase the success probabili>es of startups
Tradi>onal Investment Model
Accelerator Model
Seed Investment Incubator space Seed money Incubator space
Mentoring program Mentoring program
The accelerator model has revolu>onized the approach to startup development offering
startups a plaLorm for sustainable growth via ongoing mentoring & seed funding
Allows investors first‐hand knowledge of new & upcoming trends in innova>on
Benefits the ecosystem by genera>ng high value deal flow
Help startups get
Goals:
traction & Lower risks and time to market for investors
5. What’s the real difference between an Accelerator Program’
offering to early‐stage entrepreneurs vs. other op>ons?
Accelerator Business Angel
Incubator Early‐stage VC
Programs Network
Seed Funding
Office Space
On‐going Mentoring
Par>cipa>on < 10 %
Collabora>on amongst
porSolio companies
Investment By batches of x By total amount of
Spontaneous Spontaneous
Methodology startups per year money per x years
Exit Horizon 9 to 24 months 2 to 4 years 4 to 7 years 3 to 6 years
Always Frequently Some>mes Not Frequent Never
6. Startup Bootcamp is an European accelerator program for
startups
Each year 10 great internet & mobile startup teams are selected from 200+ applica>ons per
chapter
Each Startup Bootcamp chapter gets 8% equity in each of their 10 startups
Each team is offered EUR 4,000 in seed funding per team member up to a maximum of
3 founders per team
Highlights
Free incubator space is offered in each edi>on along with other essen>al ameni>es promo>ng
collabora>on and synergies between the teams
50+ mentor pool per chapter formed by successful entrepreneurs, investors and domain
experts that will work intensively with the teams during the 3‐month program
The program ends with both a na>onal and an interna>onal Investor Demo Day where teams
will pitch to 75+ interna>onal Business Angels, Venture Capitalists and Corporate Investors
Month 1 Month 2 Month 3
Investor
Shape Build Sell
Day
Format
Refine idea Release Beta Validate business
(data, data, data) model
Refine business
Engage mentors model First customers &
funding
8. The objec>ve of this partnership is to launch Europe’s top
accelerator program with 5+ chapters under one fund
Our Future ‐ StartupBootcamp Europe
One brand: StartupBootcamp
Both capters will launch a fund of EUR 300k each to
finance the 10 startups of each local program in
2011
‐ Spain: June to September
‐ Denmark: August to November bwv
We have recently announced the addi>on of a new
partner: Bandwith Ventures (BWV)
‐ Based in Dublin (Ireland) founded by 3 co‐
founders of
‐ Partnerships with MNCs like IBM and Ci>
‐ Local program in January ‐ March 2012
One fund for all chapters of EUR 15‐20M to finance
200+ startups that will go through each of the 5
chapters of StartupBootcamp 2012‐2017
‐ Planned chapters in Spain, Denmark, Ireland,
Germany and UK
‐ Interna>onal demo day at the end of each
year
9. The success of both programs and their alliance has not gone
unno>ced by the mainstream media
Okuri will organize this year a program with cash injec>on from The program is now preparing to launch... a joint venture
the start. It is StartupBootcamp. ... “unlike tradi>onal venture with Okuri Ventures in Spain, the next StartupBootcamp will
capital funds, we invest in 10 companies at once with 8% equity take place this summer in Madrid. Okuri Ventures is behind
to Okuri, and 92% for entrepreneurs," said Luis Rivera, Spanish accelera>on program Tetuan Valley
founder of Okuri. "StartupBootcamp launches in Madrid. Next up: London & Berlin”, R. Varza
January 2011
"Emprendedor español sin financiación busca...“, D. M. Pérez
February 2011
StartupBootcamp, a European startup accelerator network
… Since then, a number of similar programs have appeared in and Techstars affiliate, just added Dublin to its exis>ng
various European countries, like HackForward in Germany, loca>ons of Copenhagen and Madrid. London and Berlin will
Springboard in the UK, Copenhagen‐based StartupBootcamp, follow in 2012... A single pan‐European applica>on process
Madrid’s Tetuan Valley and Paris’s Le Camping. will result in the selected teams being assigned to the most
suitable city.
"Start‐Up 100: Could Europe build a Y Combinator?“, R. Varza “Dublin: Europe’s Next Startup Petri Dish?”, C. Byrne
January 2011 March, 2011
Other media en which we have appeared
11. Each chapter is supported by a network of 75+ mentors &
ambassadors that will challenge and enrich our startups daily
Some of our confirmed mentors and ambassadors
Arican Wegter Alejandro Santana Michael Jackson
Co-Founder and MD at CEO at Perennius. Board Partner at Mangrove Partners.
LOVEFiLM member at Fides Capital Former VP at Skype
Tommy Ahlers Gregor Gimmy Jeff Coe
CEO at Podio CEO and founder at Sclipo Entrepreneur and MD at
Linden Ventures
Francisco Rivillas Jenaro García Tanveer Sharif
Strategic Partnerships Manager Founding partner and CEO Founder of Vopium
at Google at GrupoGowex
Inés Leopoldo José M. Joana Luis M. Cabiedes
CEO and Partner at Advisor at ESADE. Former Managing Partner at
Mitsue Venture Partner at IBM / PwC Consulting Cabiedes and Partners
Jodok Batlogg Nicholas Hawtin Roberto de Diego
CTO at VZNet Founder at Risk Containment and Partner at Goya Partners. Former
Mentor at President of Solfocus &BT
Startup Bootcamp Denmark Europe. Former CEO of Jazztel
12. Mentors and investors will benefit from ongoing and first‐
hand informa>on of the progress of all par>cipant startups
3‐month program structure and follow‐up period
Business Na>onal
Issues Progress on Model Demo Day & Exit
Kick off Review & Objec>ves Project Review & Demo Day End of Strategy European Write‐off
Program Refocus Evalua>on Review Refocus Training Program Evalua>on Demo Day Assessment
Month 0 Month 1 Month 2 Month 3 Month 6 December
Month 12
Shape Program Development
Build Sell Follow‐up & Exit Period
Startups Performance Repor>ng
Fund Mentoring Mee]ngs (Op-onal)
Investors One‐on‐One Mee]ngs
Mentoring Mee>ngs Demo Demo
Mentors Day Day
One‐on‐One Mee]ngs
Rest One‐on‐One Mee]ngs
13. Applica>on Deadlines and Programs Calendars
Applica>ons Program
Opening Deadline Starts Ends
Madrid 21/01/2011 15/05/2011 16/06/2011 23/09/2011
Copenhaguen 1/06/2011 15/07/2011 15/09/2011 1/12/2011
Dublin Jul. 2011 Dec. 2011 Jan. 2012 March. 2012
Berlin TBA TBA 2012 2012
London TBA TBA 2012 2012
Spots in our programs will be given on an ongoing basis during applica]on
period, so the sooner you apply the greater chances you’ll have of being
selected
14. Contact details
Address further ques>ons to:
Alex Farcet Carsten Kølbek
Managing Director Copenhaguen Partner Rainmaking
+45 24 29 40 00 +44 7 500 161 315
af@startupbootcamp.org ck@rainmaking.dk
Luis Rivera Bernardo de Tomás
Managing Director Madrid Partner Okuri Ventures
+34 656 306 925 +34 605 791 870
lr@startupbootcamp.org bernardodetomas@okuri.es
Eoghan Jennings
Managing Director Dublin
+353 86 200 4688
ej@startupbootcamp.org
![Today,
investment
in
startups
is
regarded
as
one
of
the
main
routes
towards
economic
recovery
In
the
past
months,
investments
in
entreprenuerial
efforts
have
emerged
in
many
forums
as
one
of
the
pricipal
roads
to
economic
recupera>on
“Our future prosperity in part depends on whether or not we are crea-ng an environment in which folks can
test new ideas, bring new products to market, and generate new businesses. And that’s not just a challenge for
government. It’s a challenge that requires businesses, and leaders, and universi-es, [and] others to seek out
new ways to promote entrepreneurship across this country.” ” (January 2011)
Barack
Obama
President of the United States
“It is in -mes of recession when people come together and are more
open to working together [...] let´s not forget that the U.S. economic
strength in the world is due to it´s entrepreneurial capacity” (January 2011)
Gene
B.
Sperling
Director of the Na-onal Economic
“Innova-on is a key factor for growth, economic recovery and to
Council of the United States
create jobs. [...] Spain has a very interes-ng future in the world, but you have
to help entrepreneurs “ (December 2010)
Alan
Solomont
Ambassador of the “We will overcome the crisis with entrepreneurs, they generate wealth and
United States to Spain employment, as well as social work not sufficiently recognized, but
to grow you need a framework that allows entrepreneurs to start a
business, hire people and prosper " (January 2011 )
Claudio Boada
President of the Circulo de Empresarios, President of Aban-a‐TICSA and Atlas Capital](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)