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HOW WE HELP YOUNG
  ENTREPRENEURS!
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Venture Cup

  10 years
  Non-profit
  Nationwide
  18 people
  100+ jury members
  40+ advisors
Year 10/11

  424 teams
  1159 participants
  200+ in camps and seminars
  700+ guests in finals
New Categories

  Cleantech & Environment
      energy efficiency, waste management, pollution reduction etc.
  Life Science & Medtech
      biotech, pharma, medical devices, healthcare, biomaterials etc.
  Mobile & Web
      apps, web services, search engines, augmented reality, NFC etc.
  People & Society
      education, consultancy, marketing, services, tourism, social e-ship etc.
  Product & Technology
      industrial design, devices, robotics, hardware, nanotech etc.
300+
         IDEA COMPETITION
VENTURE CUP

                            BUSINESS IDEAS




                            8                8                                   8
                            FINALISTS

                                             FINALISTS
                                                         8
                                                         FINALISTS
                                                                     8
                                                                     FINALISTS
                                                                                 FINALISTS
300+
         IDEA COMPETITION
VENTURE CUP

                            BUSINESS IDEAS




                            8                8                                   8
                            FINALISTS

                                             FINALISTS
                                                         8
                                                         FINALISTS
                                                                     8
                                                                     FINALISTS
                                                                                 FINALISTS




                            1                1                                   1
                             WINNER

                                              WINNER
                                                         1WINNER
                                                                     1
                                                                     WINNER
                                                                                  WINNER
120+
VENTURE CUP
STARTUP COMPETITION
                      BUSINESS PLANS




                      3                3                                   3
                      FINALISTS

                                       FINALISTS
                                                   3
                                                   FINALISTS
                                                               3
                                                               FINALISTS
                                                                           FINALISTS
120+
VENTURE CUP
STARTUP COMPETITION
                      BUSINESS PLANS




                      3                3                                         3
                      FINALISTS

                                       FINALISTS
                                                     3
                                                     FINALISTS
                                                                   3
                                                                   FINALISTS
                                                                                 FINALISTS




                      1                1                                         1
                       CAT. WINNER

                                       CAT. WINNER
                                                     1             1
                                                                   CAT. WINNER
                                                                                 CAT. WINNER


                                                     CAT. WINNER
120+
VENTURE CUP
STARTUP COMPETITION
                      BUSINESS PLANS




                      3                3                                         3
                      FINALISTS

                                       FINALISTS
                                                     3
                                                     FINALISTS
                                                                   3
                                                                   FINALISTS
                                                                                 FINALISTS




                      1                1                                         1
                       CAT. WINNER

                                       CAT. WINNER
                                                     1             1
                                                                   CAT. WINNER
                                                                                 CAT. WINNER


                                                     CAT. WINNER




                                                        1WINNER
Projects / synergy

                                VENTURE CUP
                              IDEA COMPETITION



                              VENTURE CUP
                          STARTUP COMPETITION



       E-HEALTH COMPETITION                     EU WEB ENTREPRENEURS




                              INTEL CHALLENGE
10y Alumni Survey

  174 companies
  300+m investment
  500+m revenue p.a. (2010)
  700+ jobs
  International focus
Going international?
                         EU: 61%
                     Nordic: 49%
                         US: 34%
                       Rest: 29%
(Asia, Africa, South America etc.)
You go, go, go…

  Build your team!
  Advisory board
  Test your assumptions
  Be distinct!
  Have fun + passion
PROMISE ME…
• State no competition / underestimate the
  strength
• No clear business model
• Miscalculation of market share / market size
• Being too close to the product
KASPER HULTHIN, PODIO
Venture Cup  verslo plano konkurso pristatymas

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Venture Cup verslo plano konkurso pristatymas

  • 1. HOW WE HELP YOUNG ENTREPRENEURS!
  • 3. Venture Cup  10 years  Non-profit  Nationwide  18 people  100+ jury members  40+ advisors
  • 4. Year 10/11  424 teams  1159 participants  200+ in camps and seminars  700+ guests in finals
  • 5. New Categories  Cleantech & Environment  energy efficiency, waste management, pollution reduction etc.  Life Science & Medtech  biotech, pharma, medical devices, healthcare, biomaterials etc.  Mobile & Web  apps, web services, search engines, augmented reality, NFC etc.  People & Society  education, consultancy, marketing, services, tourism, social e-ship etc.  Product & Technology  industrial design, devices, robotics, hardware, nanotech etc.
  • 6. 300+ IDEA COMPETITION VENTURE CUP BUSINESS IDEAS 8 8 8 FINALISTS FINALISTS 8 FINALISTS 8 FINALISTS FINALISTS
  • 7. 300+ IDEA COMPETITION VENTURE CUP BUSINESS IDEAS 8 8 8 FINALISTS FINALISTS 8 FINALISTS 8 FINALISTS FINALISTS 1 1 1 WINNER WINNER 1WINNER 1 WINNER WINNER
  • 8. 120+ VENTURE CUP STARTUP COMPETITION BUSINESS PLANS 3 3 3 FINALISTS FINALISTS 3 FINALISTS 3 FINALISTS FINALISTS
  • 9. 120+ VENTURE CUP STARTUP COMPETITION BUSINESS PLANS 3 3 3 FINALISTS FINALISTS 3 FINALISTS 3 FINALISTS FINALISTS 1 1 1 CAT. WINNER CAT. WINNER 1 1 CAT. WINNER CAT. WINNER CAT. WINNER
  • 10. 120+ VENTURE CUP STARTUP COMPETITION BUSINESS PLANS 3 3 3 FINALISTS FINALISTS 3 FINALISTS 3 FINALISTS FINALISTS 1 1 1 CAT. WINNER CAT. WINNER 1 1 CAT. WINNER CAT. WINNER CAT. WINNER 1WINNER
  • 11. Projects / synergy VENTURE CUP IDEA COMPETITION VENTURE CUP STARTUP COMPETITION E-HEALTH COMPETITION EU WEB ENTREPRENEURS INTEL CHALLENGE
  • 12. 10y Alumni Survey  174 companies  300+m investment  500+m revenue p.a. (2010)  700+ jobs  International focus
  • 13. Going international? EU: 61% Nordic: 49% US: 34% Rest: 29% (Asia, Africa, South America etc.)
  • 14. You go, go, go…  Build your team!  Advisory board  Test your assumptions  Be distinct!  Have fun + passion
  • 15. PROMISE ME… • State no competition / underestimate the strength • No clear business model • Miscalculation of market share / market size • Being too close to the product

Editor's Notes

  1. Change categories according to tendencies and need. EG. SOFTWARE last year… old fashioned… :-/
  2. 2-3 pages, ALL eligible teams get feedback to develop their idea
  3. 10.000lt x 5
  4. 10-15 pages
  5. 20.000 lt x 5
  6. 100.000 + 20.000 = 120.000 lt to the venture cup’er of the year!!
  7. Why do VC alumni do well in international competitions?
  8. We all hear about silicon valley…
  9. Verslaukorganisers has international network in dk, sweden, etc. StartupHighway in EU…
  10. 1. build your team (specific roles, commercial/tech, investors say 80/20 (team/idea) = global rule of thumb)2. advisory board (enlist experienced industry people - good for network + obviously experience: problem solving, knowledge of foreign markets, strategy guidance)3. test your assumptions! (ask as many people as possible - valuable feedback re flaws, issues, risks + saves you money: test on customer/user already w mock ups, before proto typing. Remember different cultural contexts: e.g. parfume.dk – limits to one type of product! ‘Knockups’)4. Unique? Disruptive technology ? (ground breaking...) min. 30% improvement or change compared to existing solution.5. Have fun! (passion, believe in your idea, if u don&apos;t who will? Enthusiam)
  11. Just startup slide.