Your SlideShare is downloading. ×
0
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
MtB Boot Camp 2011_Open Forum 22 settembre
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

MtB Boot Camp 2011_Open Forum 22 settembre

2,236

Published on

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
2,236
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. MtB BOOT CAMP 11<br />Mind the Bridge Boot Camp 2011Open Forum<br />Milan, Sep 22nd<br />ALBERTO ONETTI Chairman, Mind the Bridge Foundation<br />With the support of:<br />
  • 2. AGENDA<br />MtB BOOT CAMP 11<br />2<br />
  • 3. Italy: where are we?<br />MtB BOOT CAMP 11<br />Real GDP Growth<br />Public Debt<br />Source: CrESIT 2011<br />3<br />
  • 4. MtB BOOT CAMP 11<br />Italy: how did we get there?<br /><ul><li>We have just a few large companies
  • 5. SMEs are 98% of the total
  • 6. We are mostly positioned on mature business and services
  • 7. Services is 66% of GDP, while Manufacturing is only 17%
  • 8. Innovative sectors play a minor role (2-6%)
  • 9. We need a new wave of startups, operating on innovative fields</li></ul>Food<br />Wood<br />Textile<br />Metals<br />Plastic &amp; Rubber<br />Automotive<br />Industrial Machinery<br />Chemical<br />Electronics<br />Pharma<br />Software<br />Biotech<br />ITALY: INDUSTRY CONTRIBUTION TO GDP (2010)<br />Source: CrESIT 2011<br />4<br />
  • 10. Startups in Italy:<br />What’s the status?<br />MtB BOOT CAMP 11<br />Source: “Startups in Italy. Facts and Trends” Mind the Bridge Survey 2011<br />Source: “Startups in Italy. Facts and Trends” Mind the Bridge Survey 2011<br /><ul><li>59% are wanna-be-startups, while 41% are already incorporated
  • 11. They are young companies (1 year old on avg.)
  • 12. 39% originate in Northern Italy and 10% are foreign entities
  • 13. 59% are Web-based firms, only 5% are Biotech or Life Science firms
  • 14. The founder’s team is composed on the avg. of 2/3 people
  • 15. Only 9% have just one founder</li></ul>5<br />
  • 16. Italian EntrepreneursWho are you?<br />MtB BOOT CAMP 11<br />Source: “Startups in Italy. Facts and Trends” Mind the Bridge Survey 2011<br /><ul><li>He/She is 32
  • 17. 87% is male, only 13% is female
  • 18. 58% has a scientific/technological background, while 42% has a business/humanistic education
  • 19. 26% holds a PhD or a MBA
  • 20. 21% has prior entrepreneurial experience</li></ul>Source: “Startups in Italy. Facts and Trends” Mind the Bridge Survey 2011<br />6<br />
  • 21. Lessons learned:<br />What makes a successful startup<br />MtB BOOT CAMP 11<br /><ul><li>Education matters a lot
  • 22. 2.0 Startups are founded by highly educated people
  • 23. Experience matters as well
  • 24. Being a serial entrepreneur is a job
  • 25. The right startup is never the first one you found
  • 26. Success is a team effort
  • 27. One-man bands do not go too far</li></ul>7<br />
  • 28. Starting up business in Italy:key issues<br />MtB BOOT CAMP 11<br /><ul><li>A few startups often lacking high-quality business plans (deal trickle”)
  • 29. Legal barriers to entry and exit (Italy is not a “corporate haven”)
  • 30. Obstacles in bridging research into business
  • 31. Lack of managerial skills
  • 32. High mortality rates (“crisi del primo miglio”) and “Dwarfism”
  • 33. Lack of an established venture capital community
  • 34. Mindset
  • 35. “for a company to really expand, it needs capital, but that means giving up at least some control. So thousands of companies here remain stubbornly small” (New York Times)
  • 36. “Non so decidere se sono stato furbo o vigliacco, se ho fatto bene o se ho tradito” (E. Nesi)
  • 37. No exits on the domestic market
  • 38. Technology hot-shots aspire to sell out to new economy “leviathans”
  • 39. Small size of the stock market and lack of large corporations doesn’t help
  • 40. Language barriers</li></ul>8<br />
  • 41. AGENDA<br />MtB BOOT CAMP 11<br />9<br />
  • 42. MtB BOOT CAMP 11<br />Mind the Bridge Foundation<br />Mission:<br />to promote a new Italian entrepreneurial ecosystem that is:ethical, highly professional, internationally focused, excellence driven<br />Model:funded by foundations/companies/private sector/donorsnot government <br />partnering with the most relevant actors<br />Independent<br />Connecting Talent <br /><ul><li>bridging opportunities of the Silicon Valley with Italian talent
  • 43. associating mentors and role models
  • 44. professionalizing the business planning skills
  • 45. using and building the network
  • 46. “give back” to build a bigger pie</li></ul>10<br />
  • 47. Building the Bridge: the Pillars<br />11<br />MtB BOOT CAMP 11<br /><ul><li>Discovering and Nurturing the Italian Talents MtB Italy Tour
  • 48. Selecting the best of breed MtB Business Plan Competition
  • 49. Providing training &amp; education to the new generation of entrepreneurs MtB Bootcamp and MtB Coaching
  • 50. Showcasing the most promising startups and opening an international debate MtB Venture Camp @ Corrieredella Sera
  • 51. Hosting &amp; Mentoring the most promising startups in the Silicon Valley MtB Gym
  • 52. Pitching US investors / partners MtB Gran Finale events</li></li></ul><li>Building the Bridge:Pillars &amp; Timeline<br />12<br />MtB BOOT CAMP 11<br />MtB US Roadshows March 2012<br />MtB GYM<br />Every Quarter<br />- MtBAffiliates- Online Signups<br />
  • 53. MtB Italy Tour 2011<br />13<br />MtB BOOT CAMP 11<br />Goals and channels<br /><ul><li>Education</li></ul>The MtB Startup Business School gives you the “nuts and bolts” regarding entrepreneurship, business planning, venture capital market and Silicon Valley eco-system<br /><ul><li>Honest Feedback</li></ul>Thanks to the Gym session the startups selected have the opportunity to present their business idea in front of a panel of investors and entrepreneurs and to be considered for the Gym, our mentorship program in San Francisco<br /><ul><li>Fine tuning the business idea</li></ul>Everybody can largely benefit from the discussion of all the business ideas as well as the education program in the morning.<br />Firenze<br />Pavia<br />Genova<br />
  • 54. MtB BOOT CAMP 11<br />2010 Selected Startups<br />14<br />
  • 55. 2010 Winners<br />MtB BOOT CAMP 11<br />Barbara Labate - IID New York<br />Marco Brini - IID Stanford<br />
  • 56. MTB Success Stories<br />16<br />MtB BOOT CAMP 11<br />September 2011<br />Second round of funding with IAG and ZernikeMeta Ventures, $ 1.1 M<br />April 2011<br />Merges with Avrio RMS Group<br />March 2011<br />Round of 300 K with ElserinoPiol e Marco Magnocavallo<br />March 2011<br />WinsSeedcampBerlin<br />March 2011<br />Wins Plug and Play International EXPO in Silicon Valley<br />December 2010<br />Sourced new CEO for U.S. operations<br />October 2010<br />Acquired by EMC <br />
  • 57. 2011: Who are the next Italian Pioneers to Silicon Valley?<br />MtB BOOT CAMP 11<br /><ul><li>The challenge is open: who’s next?
  • 58. Hundreds of Business Plans received
  • 59. 29 startups selected
  • 60. During the Bootcamp we select the short list of 15 pitching @ Corrieredella Sera
  • 61. The Top 6/8 are admitted to MTB Gym @ Pier 38 in San Francisco</li></li></ul><li>MtB BOOT CAMP 11<br />Venture Camp 2011 <br />With the supportof<br />MIND THE BRIDGE VENTURE CAMP 11<br />Trip to Silicon Valley and Back<br />November 4° -5° <br />Corriere della Sera<br />Sala Buzzati <br />Via Balzan 3, Milano <br />November 4-5, 2011<br />Milano, Italy<br />18<br />
  • 62. MtB BOOT CAMP 11<br />Venture Camp <br />19<br />Mind the Bridge Venture Camp is a 2-day event held each year in Milan at Corrieredella Sera (the leading Italian newspaper) to promote a healthier Italian entrepreneurial ecosystem.<br />Selected entrepreneurs present their business ideas to a large audience, including potential investors and partners. <br />Selected startups will be invited to participate in the MtB Gym, a tutoring program between Italy and the Silicon Valley.<br />With the supportof<br />MIND THE BRIDGE VENTURE CAMP 11<br />Trip to Silicon Valley and Back<br />November 4° -5° <br />Corriere della Sera<br />Sala Buzzati <br />Via Balzan 3,<br />Milano <br />
  • 63. MtB BOOT CAMP 11<br />Venture Camp <br />20<br />With the supportof<br />Entrepreneurs + Investors + Partners<br />MIND THE BRIDGE VENTURE CAMP 11<br />Trip to Silicon Valley and Back<br />November 4° -5° <br />Corriere della Sera<br />Sala Buzzati <br />Via Balzan 3, Milano <br />November 4-5, 2011<br />Milano, Italy<br />20<br />
  • 64. The GYM<br />21<br />MtB BOOT CAMP 11<br />Mind the Bridge Gymnasium is a startup incubator. Positioned in Pier 38 (San Francisco) we share the space with some of the hottest startups(50+) in Silicon Valley (Socialmedia.com, WordPress, Tweetme, etc.)<br />Selected Startups are assigned a Mentor, supported in Business Development activities and given Training Sessions. <br />Training Sessionsinclude: Financing, Immigration Visas, Build a team, Corporate Operations, Presentation Skills, Taxes<br />Mentors+ Training+ Office Space<br />
  • 65. The GYM: Open Now!<br />22<br />MtB BOOT CAMP 11<br />Accelerate the startup chances of success<br /><ul><li>Hosting: office space @ Pier38 in San Francisco
  • 66. Mentoring: assign a dedicated mentor per startup
  • 67. Coaching: provide regular classes (training modules)</li></ul>Build critical mass of startups<br />A constant flow of startups hosted (10-15) to maximize the “educational impact”<br />Become a social hub for Italian entrepreneurship in Silicon Valley<br />Events, Mind-the-Beer, etc (social Gym)<br />Targets<br /><ul><li>Early stage startups interested in a getting plugged into the Silicon Valley
  • 68. Italian “origin”
  • 69. Min 3 months, average 6 months.
  • 70. Starting at beginning of each quarter possibility to stay longer (as an affiliate startup)</li></ul>Access<br />Affiliates Channel<br />Individual Subscriptions<br />
  • 71. MtB Startup School<br />23<br />MtB BOOT CAMP 11<br />The Program: Lessons and Hands On<br />Theoretic Learning: Lessons (20 hrs)<br /><ul><li>Introduction to the Silicon Valley ecosystem
  • 72. Corporate Operations and Legal Aspects in Silicon Valley
  • 73. Corporate Finance
  • 74. Business development
  • 75. Fund raising with investors
  • 76. Communication skills
  • 77. Visa issues
  • 78. Human resources
  • 79. ....</li></ul>Practical Learning: Visits (20 hrs) + Business Planning (50 hrs)<br /><ul><li>Google’s headquarter – Mountain View
  • 80. Apple’s headquarter - Cupertino
  • 81. University of California, Berkeley
  • 82. Stanford University
  • 83. Singularity University</li></ul>Be a Silicon Valley Startup for 3 weeks<br />
  • 84. MtB Startup School<br />24<br />MtB BOOT CAMP 11<br />WHO CAN PARTICIPATE?<br />Students, PhD Students, <br />Wanna-be-Entrepreneurs <br />NEXT SESSIONS<br />2011<br /><ul><li> October 10th – 28th</li></ul>2012<br /><ul><li> Starting from March </li></ul>WHERE?<br />Pier 38, San Francisco<br />HOW TO APPLY?<br />Send an email to: summerschool@mindthebridge.org<br />Be a Silicon Valley Startup for 3 weeks<br />
  • 85. MtB Startup School – Past editions<br />25<br />MtB BOOT CAMP 11<br />3 editions– July, August, September..<br />20+ students…<br />… infinite opportunities<br />“In oneof the visitsto the SingularityUniversity I’ve metaninterestingguy. We’re thinkingaboutdeveloping a project togethernow”.<br />“A life-changingexperience! Loved the energyof the Valley”.<br />“The atmoshperehereisincredible, everyonelovesto help otherentrepreneurs”.<br />“It’s just incrediblehowyoueasilymeetotherentrepreneurshere, everybodyisreadytopitch in frontofyou!”.<br />“I’ve lovedlisteningto Steve Blank’s speech. He’s awesome”.<br />Be a Silicon Valley Startup for 3 weeks<br />
  • 86. 26<br />MtB BOOT CAMP 11<br />THANK YOU FOR YOUR ATTENTION<br />BLOGS: <br />SOCIAL MEDIA: <br />Facebook: Mind the Bridge - Connecting Talent<br />Twitter: MindTheBridge<br />mindthebridge.blogspot.com<br />siliconvalley.corriere.it<br />USEFULLINKS:<br />EMAILS:<br />www.mindthebridge.org<br />information@mindthebridge.org<br />

×