Channel News Asia "Millionaire Minds"
“This Course provides a helpful framework to evaluate ideas and understand more about their feasibility quickly”Roger Egan III, Co-Founder, Redmart
“It was a good warm-up lap to expose us to the realities of building Redmart from the ground up.”Vikram Rupani, Co-Founder, Redmart
“It helped us in the process of getting Nugit's story right and preparing the pitch to investors.”David Sanderson, Founder & CEO, Nugit
“It was an amazing experience and it was great to have the time to think through all the key aspects of our venture and the key strategic aspects on which we should have focused.”Sundeep Sahni, Co-Founder, Lazada
“Knowing that Redmart went through the Startup Bootcamp helped convince me they had the right fundamentals to launch Redmart.com”Neil Bearden, Investor, Redmart
Identifying a clear market segment that solves a real pain for your consumers
Creating a business model so that you never run out of cash
Create the perfect pitch to raise your first, or next, round of investment
- Welcome message from Professor of Entrepreneurship
- Important Onboarding Information
- The Startup Course Canvas © - Your Secret Weapon for Learning How to Startup
- Things to Consider Before You Start
- Lecture: Building the Right Foundation
- What is Your Big Picture or Ultimate Purpose?
- Lecture: Thinking Big
- Creating your Why-To-Buy
- Lecture: Value Proposition
- Developing A Go-To-Market Strategy
- Lecture: Assessing the Market
- Creating the Best Product Offering
- Lecture: Minimum Viable Product (MVP)
- Perfecting Your Business Model
- Lecture: Customer Development Process Part I
- Lecture: Customer Development Process Part II
- How Execute Your Startup Plan
- Lecture: Execution Modeling
- How Ensure Your Startup is Profitable
- Lecture: Financial Modeling Part I
- Lecture: Financial Modeling Part II
- How to Sell Your Startup
- Lecture: Fundable Event Timelines, Valuations & Exits Part I
- Lecture: Fundable Event Timelines, Valuations & Exits Part II
- How to Build the Best Startup Team
- Lecture: Team, Boards & Founderitis Part I
- Lecture: Team, Boards & Founderitis Part II
- Where to Get Investment
- Lecture: Getting Investment Part I
- Lecture: Getting Investment Part II
- How to Elevator Pitch
- Lecture: Elevator Pitching
- How to Ask for Investment
- Lecture: Executive Summary
Who is qualified to apply?
Ideally, companies should have been formed and have completed some business planning work and perhaps have a draft pitch deck. We will develop all of these things during the program, but companies are most successful in the program when they have created a first rough draft so they have something to work with. Companies who complete the program are considered "investment ready", meaning that they have all of the information ready to begin pitching confidently to investors for angel and venture capital.
Do I need to relocate to participate in the program?
No, we employ a fully virtual accelerator program and accept companies from around the world. The timing of your weekly sessions will be adjusted such that it best suits the majority of the accepted participants’ timezone in your particular cohort.
How big is each cohort and how long does it run for?
Each cohort comprises of approximately 15 to 20 teams. The accelerator runs for 100 days or approximately 14 weeks. Lessons are held till week 12 after which each team will have a 1 on 1 session with the mentors in Week 13. Week 14 will be the Hyper Accelerator Virtual Pitch Launch
How is the program delivered?
Hyper Accelerator employs a blended-social learning approach to deliver content via videos, assignments, the Startup Course Canvas, Live professorial online sessions and peer to peer sessions
Is there a Demo Day?
In our experience running accelerators for over a decade, we feel demo days are not the most effective in raising funds. We have a Virtual Pitch Platform that allows you to get much better exposure to investors. Our Virtual Pitch Platform provides your startup the boundless exposure that it deserves. Only 1% of startups actually raise money through live in-person demo days. In today's world, if you don't know how to effectively find and pitch to investors virtually, your chances of getting funded will be slim to none.
Why don't you take equity? Why do you charge a fee to participate?
Because it's the most expensive thing for an entrepreneur to give away. Paying money is WAY cheaper than equity. We find that advisory is most effective when there is a token financial exchange to value their time. We act as your interim non-equity co-founders / advisors / mentors through the 100 days. We will help you with techniques on how to effectively reach out and connect with investors relevant for your industry and geography - that's our secret sauce that allows us to accelerate startups all across the globe.
Will I get funded? Which are the most notable companies you have worked with?
We do not guarantee funding, but we will train you in how to do an elevator pitch, help you create a pitch deck, executive summary and introduce you to potential investors once you finish the course. The rest is up to you! We have worked with hundreds of companies over the years which have had multiple levels of success. There really are too many to name, and more great companies are joining the Hyper Accelerator network every year, but you might want to check out the following: · Redmart raised over $55 Million from investors · Lazada acquired by Alibaba for $1 Billion · Transferwise valued at $3.5 Billion after raising $292 Million in funding · North Raised over $200M from top corporate venture funds including Amazon Alexa fund and Intel Capital · Atomwise raised over $50M from world’s most renowned investors including Khosla Ventures, Draper Fisher Jurvetson (DFJ), Tencent Holdings, Baidu Ventures, and Dolby Family Ventures. · Forbius raised over $75M in funding to literally cure cancer · ARFront raised over $15M in funding from Alibaba Group
What is the time commitment expected and is my entire team expected to join?
You will be expected to attend weekly online live sessions and complete all assignments. We also expect that you work on your startup in parallel to the program. The more time you commit to working on your idea and the program, the more you can expect to gain from it We strongly suggest the entire team joins in for the sessions and works on the Accelerator program. Our aim to level up the entire team, not just 1 or 2 members. The fee covers your team so there’s no extra charge to you.
Can I request for a discount?
We believe the right questions to ask instead are 1. "How much is 2x the valuation of my company worth to me?" 2. "What is the value of having top rated business school professors guide my startup?" 3. “How much am I willing to invest to level up my company and my entire team?” If the answer to those questions is more than $2K USD (which we hope it is!) then we hope the question of price should not be an issue. In addition, $2K USD is a pretty sweet deal as compared to equity - equity is way more expensive! P.S. If the one time payment is not possible we have 3 x $680 USD over 3 months.