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Session 3: Introduction presentation - itu cekirdek
İTÜ Çekirdek is a leading incubation program that supports start-ups from the idea stage to global scaling, with a reported valuation of USD 106 million and a net promoter score of 84%. In 2017, the program accepted 478 start-ups, organizing over 300 entrepreneurial events and achieving a 113% annual growth rate since its inception. The program includes mentorship, training, and access to investment opportunities, ultimately generating significant value for its entrepreneurs.
Session 3: Introduction presentation - itu cekirdek
- 1. İTÜ ÇEKİRDEK İyi GirişimlerİTÜ Çekirdek’ten Yetişir!Introduction Document
- 2. Idea Stage Pre-IncubationIncubation Scale-up Global İTÜ ÇEKİRDEK Pre-Incubation İTÜ MAGNET Scale-up Incubation INNOGATE Global Accelerator Program İTÜ ÇEKİRDEK Incubation BIG BANG Start-up Challenge İTÜ Arı Teknokent supports companies in various size, from idea stage to going Global with its programs
- 3. İTÜ MAGNET Scale-up Incubation IdeaStage Pre-Incubation Incubation Scale-up Global İTÜ ÇEKİRDEK Pre-Incubation INNOGATE Global Accelerator Program İTÜ ÇEKİRDEK Incubation BIG BANG Start-up Challenge İTÜ Çekirdek is the pre-incubation program for start-ups, with its Big Bang Start-Up Challenge at the end of each year
- 4. 700 800 1000 3900 5606 11096 0 2000 4000 6000 8000 10000 12000 20122013 2014 2015 2016 2017 İTÜ Çekirdek – Applications received Annual applications CAGR 74% Total Revenue USD 14M Total Valuation USD 106M Total Investment USD 14M Total Employment 500+ Value generated by start-ups so far; İTÜ Çekirdek is the pioneer incubator with USD 106M valuation of its start-ups and 74% growth in applications
- 5. Ranking 18th Globallyin 2016, İTÜ Çekirdek aims higher ranks with its broad range of partners According to ‘UBI Global World and Regional rankings’ ranks; 8th in Europe 18th in the world Publisher of a comprehensive benchmark where more than 800 incubation programs in over 70 countries have participated in Some examples of our valuable partners
- 6. İTÜ Çekirdek hasorganised more than 300 events&meetings in 2017 to keep the entrepreneurs’ pace up 48 training course sessions 38 entrepreneurship seminars 110 investor meetings 15 motivation meetings 18 Solution workshops 8 Introduction meetings 60 internal events – Find your co-founder, Action coach etc. 10 workshops
- 7. 34 9 6 2 0 0 5 10 15 20 25 30 35 40 Score 10 98 7 6- Numbers 34 9 6 2 0 % 67% 18% 12% 4% 0% NPS 84% We asked 51 of our 200 entrepreneurs if they recommend us, they gave a score between 1-10 • Net Promoter Score : %84 • None of our entrepreneurs scored us lower than 7 points Would you recommend İTÜ Çekirdek to other entrepreneurs? Net Promoter Score • 24 of 51 survey participants added recommendations & opinions - 47% • 11 of 24 responses were appreciation and congratulation - %46 Opinions and recommendations for İTÜ Çekirdek Our Net Promoter Score is 84% according to the survey conducted with our entrepreneurs
- 8. Pre-Incubation training End of training jury Pre-IncubationEnd of Pre- Incubation jury Big Bang participants Big Bang booth participants Big Bang pitching participants Big Bang selection processsPre-Incubation Pre-Incubation training End of training jury End of pre- incubation jury Big Bang Selection 20 of 478 start-ups have been selected for pitching at Big Bang, where 80 more had their booth at the event area
- 9. Pre-Incubation Training 8 Weeks • SharedOffice • Mentorship • Investor meetings • Workshop • Seminars « Selection criterias for End of training jury • Team • Business model • Progress • Training attendance • Mentorship participation Vested Rights • Investor meetings • Exhibition&event participation • R&D fund 11 24 39 250 299 478 0 100 200 300 400 500 600 2012 2013 2014 2015 2016 2017 CAGR %113 İTÜ Çekirdek - Number of start-ups trained Annual End of training jury İTÜ Çekirdek accepted 478 start-ups for training in 2017, with 113% annual growth since it’s been founded
- 10. Pre-Incubation • Shared Office •Mentorship • Investor meetings • Workshop • Seminars • PR Support • R&D Fund • Patent Application « Selection criterias for end of pre-incubation jury • Business model • Progress • Training attendance • Mentorship participation • Proximity to market • Prototype Vested Rights • PR Support • Participation to Big Bang selection jury • Booth at Big Bang event End of pre- incubation jury İTÜ Çekirdek – Mentorship meetings # of meetings - Annual Our entrepreneurs have spent thousands of hours with 3,874 one to one mentorship meetings in 2017 35 80 185 900 3426 3874 0 500 1000 1500 2000 2500 3000 3500 4000 4500 2012 2013 2014 2015 2016 2017
- 11. Big Bang selection process •Shared Office • Mentorship • Investor meetings • Workshop • Seminars • PR Support • R&D Fund • Patent Application « Selection criterias for Big Bang selection jury • Business model • Progress • Training attendance • Mentorship participation • Proximity to market • Impact to market Vested Rights • Shared/Dedicated office • Mentorship • Incorporaton • PR support • Pitching at BIG BANG Big Bang selection 20 of 478 start-ups have been selected for pitching at Big Bang, where 80 more had their booth at the event area Total awards & investments (in cash & kind) USD 4.5M at a glance.. USD 3.65M USD 850K # of visitors 2.400 # of start-ups received investment & award 40 34 # of stakeholders/investors invested &award granted Total awards & investments in cash Total awards & investments in kind
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- 13. İTÜ ÇEKİRDEK İyi GirişimlerİTÜ Çekirdek’ten Yetişir!THANKS
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- 15. Training Term 3 3. Çağr Training Term2 Training Term 1 January March NovemberJune End of training jury – 1st Term End of training jury – 2nd Term August End of training jury – 3rd Term End of Pre- Incubation jury Big Bang selection jury BIGBANG October End of training jury – 4th Term Training Term 4 İTÜ Çekirdek organises 4 training terms with jury evaluations at the end of each term
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- 19. İTÜ Çekirdek PitStop - reading, playing and resting area
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- 21. İTÜ Çekirdek sharedoffice
- 22. İTÜ Çekirdek solutionworkshop
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