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IDCEE 2013: Greetings from Startup Wise Guys - Mike Reiner (Chief Wise Guy @ Startup Wiseguys)

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http://idcee.org/p/mikereiner-startup-wiseguys/

Mike Reiner participated in the IDCEE 2013 Panel "Startup accelerators in CEE: Local accelerators vs. Western accelerators. Are they competitors or partners?"

Mike is the CEO of the Startup Wise Guys Accelerator, a mentor-driven international startup program providing seed stage investments for early stage ICT companies. An ex-IBMer with a passion for bright ideas and business model innovation, Mike previously worked in M&A, managing large transformation programs and innovation projects. He is also the strategic advisor and lead coach at the Tehnopol Startup Incubator and mentor at different startup networks in Europe.

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IDCEE 2013: Greetings from Startup Wise Guys - Mike Reiner (Chief Wise Guy @ Startup Wiseguys)

  1. 1. Greetings from Startup Wise Guys
  2. 2. Startup Wise Guys Attract best talent from CEE region Focus on UK and US markets • Intense 3 month accelerator program based in Tallinn: • Up to €15,000 seed investment • Large mentor and investor network from Europe and US • Access to share of 1M€ SmartCap investment for Alumni companies • Increasing focus on B2B
  3. 3. Traction • First program: April – July 2012 8 teams , 6 different nationalities Raised more than 1,250,000 total • Second program: Jan – April 2013 7 teams , 5 different nationalities 2 teams raised bridge round, 2 teams late negotiations 70% of teams are making revenue • Third program: Sep – Dec 2013 8 teams , 6 different nationalities Program ongoing
  4. 4. A few examples WappZapp brings online TV in to the living room, On demand, personal, social and on any screen. • Raised €650,000 Boosts farming production Combining farming science and weather data in a simple way. • Raised €250,000 Google Analytics for real-world retail stores. Higher conversion rates of consumers by offering actionable insights. • Raised €220,000
  5. 5. Apply or visit us in Tallinn!! Reach out - mike@startupwiseguys.com

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