MVP Academy is a program for founding teams with a good professional track record, that are targeting a global opportunity. 45 accelerated startups. EUR 1.7M raised by alumni. 18 products on the global market 12 startups generating revenue. Check out the results of the MVP Academy alumni.

1. MVP Academy 2016
www.mvpacademy.co
Follow-up Report

2. MVP Academy is a program for founding teams with a good
professional track record, that are targeting a global opportunity.
In nine weeks, they improve product value and business pitch, get early
traction and connections to a selected network of tech stakeholders.

3. Track record (2014 - 2016)
45 accelerated startups
EUR 1.7M raised by alumni
18 products on the global market
12 startups generating revenue

4. The 2016 Edition
Geographically diverse
Batch coming from 7 cities: Arad, Bucharest, Chisinau, Cluj-Napoca, Craiova, Oradea, Sibiu
Operating in trending industries
AI, Security, Energy, Health, Mobility, Agritech
Directed to all types of users
Equal proportion between B2B and B2C startups, several of them moving to a
consumer / business-oriented model during the program

5. The 2016 Edition
Growing startup teams
Average team size going into the program: 5 people
Rising interest in hardware
More than a third of the batch worked on physical products
(100% increase since 2015 edition)

6. The 2016 Edition
Current status of the startups
0
2
4
6
8
10
Closed beta /
Development
Launched New products
To date, the 2016 MVP Academy
alumni have received more than
EUR 760k (investment, prizes,
grants)

7. Featured Alumni
• Raised seed round, won additional grants and prizes
• Fully functional product is 75% ready
• Starting clinical trials in February 2017
(http://reflex.help)
(http://hiwoogie.com)
• Accepted in SBC IoT & Connected Devices (London)
• Demo-ed the prototype at TechCrunch Disrupt (London)
• Currently in closed-beta, waiting list of 250 customers in US & UK

8. Featured Alumni
• EUR 106k upfront payments received or in progress
• EUR 21k total annual subscription fee for cloud services
• In pre-selection process for Pearse Lyons Accelerator (Dublin)
• Stable, ready-to-produce version
(http://silometer.com)
(http://typingdna.com)
• Raised seed round from Gecad Ventures & several angels
• Typing API available, working on downloadable software

9. Featured Alumni
• Available in 23 cities in 5 countries, more than 4,500 active users per month
• Validated B2B approach, 20 paying customers
• Raised seed round, currently looking for next round
(http://urbyapp.com)
(http://scooterson.com)
• Accepted in HAX Boost acceleration program (San Francisco)
• Generated EUR 380k in pre-sales
• Currently raising seed round

10. What to expect in 2017?
Extended program
9 weeks (instead of 7 weeks in 2016), running from 6 March to 8 May
Dedicated core team with multilateral experience
in entrepreneurship, product management, legal and industry in-depth research
60+ mentors, 10+ custom workshops, 90+ hours of pitch practice
plus weekly deep-dive sessions, meetings with industry experts and investors,
recruitment support
Become an MVP Academy Alumni
keep in touch with your peers, find out first-hand about new opportunities

11. If you
… are an early-stage tech startup
… have (at least) a working prototype of your product
…have a committed team with history of working together and/or good track record
…are a dedicated founder with recognised experience in the field

12. Apply until 19 February 2017 (11.59 PM) on the program’s website:
www.mvpacademy.co
For additional questions or inquiries about the program, contact Bogdan Iordache
(bogdan.iordache@howtoweb.co) or Mircea Vădan (mircea.vadan@howtoweb.co).
Note: This material is purely informational in its character and does not bind in any
way TechHub Bucharest or its collaborators.