NWEN Accelerators & Incubators

Accelerators & Incubators

Dave Parker

@DaveParkerSEA

www.ForestTreesBark.com

Agenda

• WELCOME!• About Dave • The Ecosystem • Your Lifecycle • Accelerators/Incubators/Co-Working• Programs

About Dave

• Director, Founder Institute Seattle • Serial Entrepreneur – started 4, sold 2,

closed 1, 1 operating. • Board Member – sold 4, on 4 • VC for three years • Advisory Board Member

Who are you?

The Startup Ecosystem

• Sponsors• Groups & Organization

– NWEN, Meetups

• Programs & Events – Universities, Startup Weekend, Hack-a-thons,

Accelerators, Incubators

• Resources – Startup City, Startup Calendar

Ecosystem, Cont.

• Media • Investors & Angels

– Angel.co , AoA, K4, VCs – Angel List, Gust

• Service Providers – Investment Bankers, Accounting

• Hanger’s On • Leeches

Definitions

• Incubators • Accelerators• Niche – clean tech, health care, mobile • Location – state, national, international • Invest Cash or Pay Course Fee• Single vs. Co-Founder• Full Time vs. Part Time• Co-Working Spaces – space +

CrashDev post

What Do You Want?

• Lifestyle Business? • Services Business? • Scalable Business?• Will you need capital?• What do you need before capital?• What’s your Golazo?

Where Are You?

What do you need?

• Blocking & Tackling? Incorporation, research,

Exec Summary, financial model, demo • Team? Some programs require co-founders • Network? Peers & Mentors • Investment? Only after you have a product!• Coaching? When you have a model and $$

Programs

Time & Investment

Stage & Team

Incubators

• Space • Investment • Themes • Peers

Accelerators

• Structured Program or Outcome • Full time – 500 Startups / Tech Stars • Part time – Founder Institute • Product Demo

• Peer Contacts – Think B-School grads

• Mentor Contacts – Hard contacts are still hard to get a hold of

Co-Working Space

• Short term lease – Flexible Space – Surf, TheHub, Hacker Dojo

• Peers • Mentors

Check List

Idea Stage Customer Validation Team Status MVP & Product Blocking and TacklingSpace

Q&A

thank you

Supporting Slides

Idea(s) POC Product Revenue Scale

Government Groups

Founder Institute

Tech Stars

EO/Tech

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Meetups

NWEN

Notes

• Stage of your startup• FI takes the pain out of

– Spreadsheets, incorporations, – Focus on problem, solution and product

• Geeks on a train/plane • Lean – Reis • Niche specific incubators – gaming healthcare• Local, State, National, International