4. Main reasons for failure
Lack of Lack of Lack of
knowledge & Network Support
experience
True
innovators
that
to
find
customers The
path
to
success
is
have
big
ideas
are
o9en
to
find
investors long,
chao>c
and
risky
young
people for
press
and
exposure
Lack
effec>ve
execu>on
for
ge4ng
connected
skills
to
the
right
people
4
6. 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 an
events for a definite period (usually three months)
•in exchange for equity
6
9. Investment per startup
Value per team
Financial Investment
€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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