Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Accelerators
Mobile Monday
Jessica Stacey / @JessStacey
17 February 2014
1
Research questions

2
The building blocks of an accelerator

Focus on teams,
rather than
individuals

Operates in cohorts
or classes

Time-limit...
Accelerator trends
Growth in the
number of
programmes

Changing
models

More vertical
specific
programmes

More
corporate
...
Trend #1
Growth of programmes across Europe
Then….

5
And now…

To date:
• 45 programmes in Europe
• 424 companies accelerated
• Total exits $17,000,000
• $105,377,697 in fundi...
But can it last?

7
Trend #2
More corporate programmes

8
Trend #3
More vertical specific programmes

9
Trend #4
Evolving models

10
Trend #5
More social programmes

1111
The funding gap

Criteria of UK impact investors.
Startups must be:
• be revenue generating
• have a proven business
model...
Eight most cited needs of
early stage social innovators
1. People to
work with

2. A proposition
to test

3. Potential
(an...
The innovation journey

14
Some criticisms of the model
• They exploit startup founders
• They’re helping to create a bubble
• Good companies still f...
Resources
http://www.f6s.com/
http://www.seed-db.com/
http://gan.co/
http://www.startupfactories.eu/
http://beta.capitalli...
Thank you
jessica.stacey@nesta.org.uk
@JessStacey

17
Upcoming SlideShare
Loading in …5
×

Jess Stacey Nesta - MoMoLo 17th Feb

1,647 views

Published on

This pack was presented by Jess Stacey at Mobile Monday London 17th Feb 2014

Published in: Business
  • Be the first to comment

  • Be the first to like this

Jess Stacey Nesta - MoMoLo 17th Feb

  1. 1. Accelerators Mobile Monday Jessica Stacey / @JessStacey 17 February 2014 1
  2. 2. Research questions 2
  3. 3. The building blocks of an accelerator Focus on teams, rather than individuals Operates in cohorts or classes Time-limited support, with intensive mentoring and programmed events Offers pre-seed finance (usually in exchange for equity) Application process open to all, highly competitive 3
  4. 4. Accelerator trends Growth in the number of programmes Changing models More vertical specific programmes More corporate programmes Increase in social venture accelerators
  5. 5. Trend #1 Growth of programmes across Europe Then…. 5
  6. 6. And now… To date: • 45 programmes in Europe • 424 companies accelerated • Total exits $17,000,000 • $105,377,697 in funding • 1162 jobs created (courtesy of www.seed-db.com) 6
  7. 7. But can it last? 7
  8. 8. Trend #2 More corporate programmes 8
  9. 9. Trend #3 More vertical specific programmes 9
  10. 10. Trend #4 Evolving models 10
  11. 11. Trend #5 More social programmes 1111
  12. 12. The funding gap Criteria of UK impact investors. Startups must be: • be revenue generating • have a proven business model • have a measurable social impact • have a proven management team • have capital requirements of £150,000+ 12
  13. 13. Eight most cited needs of early stage social innovators 1. People to work with 2. A proposition to test 3. Potential (and actual) customers 4. A source of advice about the basics 5. A source of trusted strategic advice 6. Money 7. Somewhere to work 8. Emotional support and mentorship 13
  14. 14. The innovation journey 14
  15. 15. Some criticisms of the model • They exploit startup founders • They’re helping to create a bubble • Good companies still fail after accelerator programmes • Mentor apathy • Manager dependency 15
  16. 16. Resources http://www.f6s.com/ http://www.seed-db.com/ http://gan.co/ http://www.startupfactories.eu/ http://beta.capitallist.co/ http://www.nesta.org.uk/develop-yourskills/accelerators 16
  17. 17. Thank you jessica.stacey@nesta.org.uk @JessStacey 17

×