slides from ndrc launchpad 2016

Welcome to NDRC LaunchPadOpen Night – 8 June 2016

Ben Hurley, CEO

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No. 1 University Business Accelerator

in Europe 2015

Early stage investor in TECH companies

Investment gap

• Sound concept vs Seed investor ready

Aim to create market capital• High impact• Scalable ventures

Unrivalled track record• 200 investments (+1,800 pitches) • €250m market cap, €130m follow-on-investment

MAKING VENTURES HAPPEN

What does NDRC do?


Gary Leyden – NDRC Approach

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Stages of a Start-up

PROBLEM/SOLUTION FIT

PRODUCT/MARKET FIT

SCALE



PRODUCT/MARKET FIT

SCALE

Do I have a problem worth solving?


PRODUCT/MARKET FIT

SCALE

Have I built something that people want?




PRODUCT/MARKET FIT

SCALE

How do I accelerate growth?

Workshops

Technology

Investment Readiness Level

Identify and Validate Metrics that matter

Validate Value Delivery

Prototype High-Fidelity Min. Viable Product

Validate Revenue Model

Validate Product/Market Fit

Prototype Low- Fidelity Min. Viable Product

Problem/Solution Validation

Market Size/Competitive Analysis

Complete First-Pass Business Model Canvas

IRL 9IRL 8IRL 7IRL 6IRL 5IRL 4IRL 3IRL 2 IRL 1

No.2 University Business

Accelerator in the World 2015

No.1 University Business

Accelerator in the Europe 2015

But is NDRC really as good as they say?


David Scanlon – Pitch Tips

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TimelineJune 8 Open nightJune 24 Application deadlineJuly 1 Invitations to pitch issued July 6 to 13 Investment pitches take placeJuly 29 Offers issuedSeptember 5 Programme starts

Application Process

• Online form via

http://www.ndrc.ie/launchpad/

• Closing date is Friday June 24 at 5pm

• Don’t wait until the deadline!!

http://www.ndrc.ie/launchpad/

Selection

The Selection Panel

• Head of Venture Investment NDRC

• NDRC Venture Investment Leader

• Member of NDRC’s Investment Strategy

Committee

Part I

1. Technology at the heart of the innovation

2. Internationally scalable business

opportunity

3. Team

Part II: The Pitch

• Tell us your story…

• 20 minutes (10 Pitch/10 Q+A)

• One idea per slide

• Be creative

• Content + timings

• Practice, practice, practice

The Pitch#1 The Grab

#2 The Problem

#3 The Solution

#4 The Opportunity

#5 The Competitive Advantage

#6 The Model

#7 The Team

#8 The Reality Check

#1 The Grab

#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check

Is the idea compelling? What are your BHAGS?

#2 The Problem


What is the big, important problem that youare going to solve?

#3 The Solution


What are you offering and to whom?

#4 The Opportunity


What is the basic market segmentation,size, growth and dynamics?

#5 The Competitive Advantage


Competitors - everyone has them, who are yours?How are you different?

#6 The Model


How are you going to make money?How will you reach your customers?

#7 The Team


Who is the team? Tell us about their skills and experienceHow is your team uniquely qualified to win?What expertise is missing?

#8 The Reality Check


• What are the milestones for the next 6,12 months

• What risks do you face?

Closing Date: 24 June

Apply Now!

Deadline: 24 June

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