Dirk Kanngiesser - German Accelerator - Stanford Engineering - Jan 4 2016

Burton Lee
Burton LeeLecturer - European Entrepreneurship & Innovation
European Entrepreneurship & Innovation
Stanford School of Engineering
GERMAN ACCELERATOR
Dirk Kanngiesser, CEO
January  4,  2016
OUR VISION
To foster the international
growth of German tech startups
by supporting them with an
effective and efficient
entry into the U.S. market.
	
  
“ „
PROGRAM specs
Preparation Workshops Mentoring
Board
Meeting Graduation
Alumni
Network
DURATI
ON
scope
eLIGIBI
LITY
3 months (+ 3 months extension option)
German startups from ICT-related sectors
36 company participants per year;
18 program extensions granted
Objectives for startups 	
  
Successful
U.S.
market
entry
	
  
Understand
U.S. business
environment
Develop
U.S. go-to
market
strategy
Market
feedback from
U.S. customers
NETWORKING
& Pitching
fundraising
from U.S. VCs
UNIQUE MENTORING
PROGRAM
Business Execution
& Success
U.S. Go-To-Market
Strategy
Financing Strategy
Marketing &
Communication
Team and
Leadership Skills
U.S. Legal &
Corporate Structures
 PROGRAM BENEFITS

Validate
Assumptions
Expand
Network
Speed Up
Development
Acquire Top
Talent
Strengthen
Credibility
Benchmark
With Peers
Fuel
Growth
Build
Relationships
Jump
Learning Curve
MOBIL
E
Big Data
E-
commerc
e
Smart
Home Digital
Media
SOFTWA
RECLOUD
SERVICES
Analytics
SUSTAINABI
LITY
gamin
g
E-
Health
Internet of
Things
Company snapshot
Healthcar
e
Productivity
Services
Clean
Tech
FinTe
ch
Success stories
Success stories
Program status
Program established Q1 2012
Dedicated mentor network
400 applicants
8k+ Facebook fans & 2k+ Twitter follower
3,800+ attendees at events in Germany and Silicon Valley
72 alumni
Website & social media channels established with weekly reach of
30,000
Established strategic & community partnerships
Program Overview:
Applicants: 400
Graduates: 66 SV, 14 NY
Locations: Silicon Valley (2012) – New York (2014) – Boston (2016)
Participants’ Feedback:
How do you rate your sales leads / customer traction in the U.S.? 3.2*
Positive impact of program participation on your company 	
   	
   4.4 	
  
How satisfied are you with your overall mentor experience? 	
   4.7 	
  
Overall, how satisfied are you with your LLP experience? 	
   	
   4.4	
  
Would you recommend the program to other startups? 	
   	
   Yes: 100% 	
  
	
  
Have you established U.S. operations?:
Presence (no legal entity): 43%
Subsidiary: 18%
Headquarters: 3%
Summary of Program
*Average; from 1 low to 5 high
Findings & Conclusion
While the “Mobile” sector plummeted in the recent application round the “Software” and “Business
Products and Services” sector set new records.
The sectors are getting more diversified overall including other areas.
Sectors
Comparison of applicants and program
participants
Stage
Employees
45 Program Participants
Applicants
Results:
Taking a look at the number of employees and the stage of the
companies, one can see that more advanced companies were more
likely to get chosen for the program
CONTACT US
Dirk Kanngiesser
EMAIL: dirk.kanngiesser@germanaccelerator.com
SILICON
VALLEY
(MAIN OFFICE)
720 University Avenue
Palo Alto, CA 94301
SAN
FRANCISCO
1355 Market Street
San Francisco, CA 94103
NEW YORK
137 Varick Street
New York, NY 10013
GERMANY
Geschwister-Scholl-Platz 1
80539 Munich
GERMAN
ACcELERATOR
- Your fast track to the U.S. -
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Dirk Kanngiesser - German Accelerator - Stanford Engineering - Jan 4 2016

  • 1. European Entrepreneurship & Innovation Stanford School of Engineering GERMAN ACCELERATOR Dirk Kanngiesser, CEO January  4,  2016
  • 2. OUR VISION To foster the international growth of German tech startups by supporting them with an effective and efficient entry into the U.S. market.   “ „
  • 3. PROGRAM specs Preparation Workshops Mentoring Board Meeting Graduation Alumni Network DURATI ON scope eLIGIBI LITY 3 months (+ 3 months extension option) German startups from ICT-related sectors 36 company participants per year; 18 program extensions granted
  • 4. Objectives for startups   Successful U.S. market entry   Understand U.S. business environment Develop U.S. go-to market strategy Market feedback from U.S. customers NETWORKING & Pitching fundraising from U.S. VCs
  • 5. UNIQUE MENTORING PROGRAM Business Execution & Success U.S. Go-To-Market Strategy Financing Strategy Marketing & Communication Team and Leadership Skills U.S. Legal & Corporate Structures
  • 6.  PROGRAM BENEFITS Validate Assumptions Expand Network Speed Up Development Acquire Top Talent Strengthen Credibility Benchmark With Peers Fuel Growth Build Relationships Jump Learning Curve
  • 10. Program status Program established Q1 2012 Dedicated mentor network 400 applicants 8k+ Facebook fans & 2k+ Twitter follower 3,800+ attendees at events in Germany and Silicon Valley 72 alumni Website & social media channels established with weekly reach of 30,000 Established strategic & community partnerships
  • 11. Program Overview: Applicants: 400 Graduates: 66 SV, 14 NY Locations: Silicon Valley (2012) – New York (2014) – Boston (2016) Participants’ Feedback: How do you rate your sales leads / customer traction in the U.S.? 3.2* Positive impact of program participation on your company     4.4   How satisfied are you with your overall mentor experience?   4.7   Overall, how satisfied are you with your LLP experience?     4.4   Would you recommend the program to other startups?     Yes: 100%     Have you established U.S. operations?: Presence (no legal entity): 43% Subsidiary: 18% Headquarters: 3% Summary of Program *Average; from 1 low to 5 high
  • 12. Findings & Conclusion While the “Mobile” sector plummeted in the recent application round the “Software” and “Business Products and Services” sector set new records. The sectors are getting more diversified overall including other areas. Sectors
  • 13. Comparison of applicants and program participants Stage Employees 45 Program Participants Applicants Results: Taking a look at the number of employees and the stage of the companies, one can see that more advanced companies were more likely to get chosen for the program
  • 14. CONTACT US Dirk Kanngiesser EMAIL: dirk.kanngiesser@germanaccelerator.com SILICON VALLEY (MAIN OFFICE) 720 University Avenue Palo Alto, CA 94301 SAN FRANCISCO 1355 Market Street San Francisco, CA 94103 NEW YORK 137 Varick Street New York, NY 10013 GERMANY Geschwister-Scholl-Platz 1 80539 Munich
  • 15. GERMAN ACcELERATOR - Your fast track to the U.S. -