plug and play accelerator program summary

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  • 7/28/2019 Plug and Play Accelerator Program Summary

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    Plug & Play Startup Acceleration Program

    The Plug & Play Startup Acceleration Program is a 3-month program designed to provide startups with a structured way ofaccessing the resources of Silicon Valley through Plug and Play. The program is designed to enable an international startupto explore business development, partnerships, investment and other opportunities.

    The program consists of the following component phases:

    Phase Description Duration / Notes

    Phase One Qualification and Business Review Min 30 days before arrival

    Phase Two Plug & Play University (Workshop) Within 14 days of arrival

    Phase Three Plug & Play Accelerator On-going during program

    Phase Four Plug & Play EXPO During 2nd half of program

    1. Qualification and Business Review: Plug and Play will evaluate proposed companies. Ideal companies are those inhigh tech (IT/ICT), have some traction in their domestic markets and are looking at possible US and global

    expansion.

    Companies will be asked to submit:

    a. Executive Summary: 1-page overview of company (template provided)b. Company Presentation: 10-slide overview of company (no standard format)

    2. Plug & Play University Workshop: Upon arrival at Plug and Play, companies will participate in a 4-day workshop thatis designed to introduce entrepreneurs to the Silicon Valley ecosystem and business environment. Workshops are

    held quarterly in Jan, April, July and Oct.

    Topics include (subject to change):

    a. Silicon Valley Overview: Understanding and leveraging the resources unique to Silicon Valleyb. Legal, Tax and Accounting: Implications of doing business in Silicon Valley, US as opposed to other geographiesc. Funding Process: Overview of Plug & Play Funding process, pitching to Venture Capitalists (VC) and Corporate

    Investors, with a presentation by a partner or visit to a firmd. Corporate Partners: Addresses the importance of corporate partners as a go-to-market channel for emerging

    technologies and how to get in touch to proceed with partnership\e. Pitching Workshop: Several hours dedicated to modifying the investor presentation to address key issues

    consistently raised by the venture and angel community

    f. Go To Market: Overview of scalability of operations, monetization and business plan based on overall markettrends for various sectors

    g. Startup Case Studies: Experiences of other local and international startups; interaction with Founders and CEOsthrough information sharing and networking

    3. Plug & Play Accelerator: During the 3-month program, companies will have structured access to the strategicresources of Plug and Play, including fund-raising opportunities through direct introductions to VCs and otherinvestors, business development opportunities through our corporate and technology partners as well as coaching

    and mentoring opportunities through our network of advisors. Companies will have access to the following (whereapplicable):

    a. Business Development Opportunities: Each company will be given opportunities to pitch to suitable corporateor other strategic partners. Each company will receive at least 3 introductions or pitching opportunities. At thediscretion of the Plug & Play Ventures team, company may receive additional introductions1

    b. Fundraising Opportunities: Each company will be given opportunities to pitch to Venture Capital, CorporateVenture or Angel Investor groups. Each company will receive at least 3 introductions or pitching opportunities;At the discretion of the Plug & Play Ventures team, companies may receive additional introductions2

    1, 2 Please note that additional fees and contracts may apply beyond minimum introductions

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