Startup Incubator

Startup Incubator
Early Stage Seed Funding
Armen Grigoryan
www.peerception.info

High Tech Startup is a newly created technological company

Started by 1 or more founders, who has technological background and vision for product

Is in the phase of research for markets and development

Need some financial help to develop an idea and prepare a prototype

Early Stage Incubators
USA, EUROPE, INDIA
Y Combinator
Launch Box
TechStars
Betaspring
AlphaLab
DreamIT Ventures
Capital Factory
iVentures10
Next Start
Shotput Ventures
iAccelerator
SeedRocket
Morpheus
OpenFund

Application process

Applicants are young, 17-27 years old, and energetic entrepreneurs!

Team consists of 2 or 3 (technical) founders

Project = idea + (optional) product definition + (optional) prototype. No business plan required.

Team submits a project applicationCommittee considers to fund selected projects for 10 – 16 weeks of development

Incubation Process

Optional workspace and legal services. Seed funding in exchange for 2% - 10% of equity

Mentoring, teaching and providing expert advices. Weekly status meeting and dinner with experts

Connection with the network of angel investors, VC funds and partner companies

From idea to company!

Spirit of entrepreneurship Bootstrapping and co-working with smartest people in the field

Financial help is only a small (and not mandatory) part of the support from incubators

Founders don’t have to spend time and effort on anything except the actual development

Experts help with visionAngels network supports further development

Funding size
US average
$12.000 - $20.000
3 month
5%-7% of shares
Europe average
€20.000 - €30.000
3-4 month
8%-10% of shares
India average
$10.000
3-4 month
10%-15% of shares

Incubator’s alumni
Reddit - social news website
DropBox - file hosting service
Away.com - travel and vacation planning
Loopt - cell-phone based GPS sharing
Disqus - discussions over the web
Scribd - document sharing website
Graphic.ly - comics on the web
Posterous - simple blogging platform

Startup Perspectives in Armenia

Limited, not well developed funding environment
=

No connections with global angel investors and VC funds networkLimited development and management resources

Local market is in the initial state of evolution

Idea of Armenian Early Stage IncubatorEverything big starts from the small

Call for applications from teams with 2-3 personsSelect some for funding and promotion

Workspace$1000 - $4000 total 3 month programfor 2% - 10% of shares

Weekly meetings with expertsConnection with US and Europe: IncubatorsCompaniesAngel investors VC funds Promotion and Marketing

Young, enthuziastic and eager to create?Respond Now!

Key to success

Spirit of entrepreneurship

Desire to create and innovate

Will to achieve goals

Results to be proud of

Thanks for your attention!
Contacts:
info@anahitinitiative.com

Startup Incubator

by anahitinitiative on Jun 08, 2010

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