The startups programme aspire to be inclusive. This mean that the
only selection criteria applied are:
- the startup is not involved in an unethical business
activity,
- the founder(s) commit(s) to the startup either full time or
part time.
If you fulfill this criteria rest assured your application will be
accepted subject only to cohort limits. This mean the open positions
will be filled by those who sign the relevant formal agreements in
order of date of signature. For that reason you will need to read,
express any concerns and negotiate in a timely manner, especially if
you have a lawyer who will counsel you. Applications will be closed
as soon as the cohort limit is reached in terms of signed business
agreements.
The programme participants receive the following assistance:
- Value proposition canvas.
- Lean model canvas.
- Business plan.
- Financial projections.
- Pitch deck.
- Valuation.
- Credits & savings from a pool of existing programme
partners.
- Mentoring.
- Option to activate consultancy to create a fundraising
campaign and promote it to investors that match the startup’s
profile. This feature is activated in coordination with me, if
certain criteria are met.
You may have inferred this already, but this programme is suitable
for early stage startup projects. This is not a criterion though and
still any founder may apply regardless, as long as the previously
mentioned criteria are satisfied.
A symbolic fee equivalent to $1 is applied upon formal acceptance
of the programme's terms. The programme does not take equity in the
participating startup projects. A revenue based approach is
preferred, where the startup commit to make payments up to a
specified amount at which point the obligation is exhausted. The
payments kick in as soon as the startup is in a position to pay its
founders or employees. There is an option however to convert the
outstanding amount to equity at a later time in a predetermined
manner, which I strive to make it fair for both parties involved.
The working language is English for all materials, guidance,
document development and any other aspect of the programme.
An important note is that the programme will be running frequently
so founders do not need to worry about claiming a spot for later, if
they are not ready to commit their time and effort. During the
previous rounds of the programme such behavior has been observed. It
is discouraged as it prevent others with a higher level of commitment
and readiness to participate.
Interested founders may either schedule a video call to introduce
ourselves and exchange more information or apply. The finalization
process involve two steps.
- A confidentiality agreement is negotiated and signed by the
two parties.
- The agreement that establishes a business relationship is
negotiated and signed.
In order to sign those agreements you will need a digital
signature, either self issued or by a third party, e.g. a government
or private service. In case you need assistance with self issuance,
it is provided upon request.
Application
form.
Schedule a
video call.
Startups programme
gateway.