Bootcamp Wrap Up! Emily Wheeler Congratulations! 2 You made it through the first bootcamp! We are proud! What should you expect over the next year? • Space, time & resources to focus on your startup • Learn skills & get tools to search for a repeatable & scalable business model • Connect you with mentors from the NYC venture, clean tech, and startup community • Strengthen ties among some of NYU’s most promising entrepreneurs & with the larger community • Work hard and have a lot of fun! 5 And… 6 To get more Cleantech ideas from the lab to the market! What do we expect? • Keep to the schedule • Come prepared • Listen & learn…don’t sell • Leverage each others skills & connections • Respectfully exploit your mentors • Take advantage of INSITE office hours • Have a great time! 8 Before you go… Packing List Emails Internal Website Post-program survey Program Schedule ACME * Deck Additional articles & videos Startup Owner’s Manual Business Model Generation 10 Assignments before March 5th 1. Submit your full proposal: Due on February 5th through FluidReview Concentrate on high quality business milestones 2. Talk to your Customers: Schedule 15 (4 min) Customer interviews before March 5th Include findings in your business model canvas Incorporate BMC into your pitch deck 3. Prepare pitch deck: Use ACME deck as a guide for pitch day presentation Work with your Mentor to prepare and practice presentation Use InSITE teams as a resource Include your business goals set for your full proposal 11 PowerBridgeNY Program A framework, not a formula Campus Map 14 Turn Guesses… Guess Guess Guess Guess Guess Guess Guess Guess Guess 15 …into Facts! Fact Fact Fact Fact Fact Fact Fact Fact Fact 16 Why? Judges & Investors like facts! Staff Coaching Team 20 Your New Best Friend! Julia Byrd julia.byrd@powerbridgeny.com PowerBridgeNY Program Associate -Internal Website and Fluid Review Specialist -PB Resources or Materials -Texts, Articles, Resources 21 Campus Representatives Brookhaven National Laboratory Pat Looney jlooney@bnl.gov Cornell University Bethany Koi ck574@cornell.edu City University of New York John Blaho jblaho@ccny.cuny.edu NYU-Poly Chris Snyder christopher.snyder@nyumc.org Columbia University Donna See dks26@columbia.edu Stony Brook University Ann-Marie Scheidt annmarie.scheidt@stonybrook.edu Mentors are Supervisors • Mentors are coaches, not consultants • ~2 per team: Entrepreneurs & Investors • Meet at mutually convenient time & place, preferably in-person • + Floating mentors – – – – Designers-in-Residence Hackers-in-Residence Entrepreneurs & Investors Lawyers & Accountants • Sign up for floaters with Staff • They’re volunteers 23 Program Logistics Program Schedule • February 5: Full proposals due • Mid-February: Full proposals selected by the Judges will be invited to prepare pitches • March 5: Pitch Day • March 10: Final awardees announced • May: Second Bootcamp • Project plans for awardees should be approximately 12 months long, but should be predominantly driven by the milestones. 25 Thanks to our sponsors! 26 Important Dates • Feb 5: Full Proposal Due – Review with Mentor (and InSITE team) – Submit in Fluid Review • March 5: Pitch Day and Showcase – Real demo day – Pitching to Panel of judges – Invite NYC investors & entrepreneurs + VIPs • May: Second Bootcamp 29 Appendix 30 Athletic Instruction • Lean Launchpad curriculum – Techniques for testing hypotheses, experimentation & iteration to search for repeatable & scalable biz model • Flipped classroom – Online (Udacity) lectures – Two texts designed for this purpose – Check-in time spent reviewing teams progress/personalized feedback – GOFB: Interview >10 customers & partners/month • Monthly meetings with mentors • On going guest speakers & workshops 31 Floating Mentors/Coaches Hackers • Jared Wyatt • Steve Ellis • Tal Safran Designers • Liz Danzico, School of Visual Arts • Rune Madsen, O’Reilly Media • Zoe Fraade-Blaner Legal • Peter Fusco, Lowenstein Sandler Tax & Accounting • Michael Gawley, EisnerAmper Investors • Fred Wilson, Union Square Ventures • Craig Shapiro, Collaborative Fund • Jalak Jobanputra, FuturePerfect Entrepreneurs • Ali Heron • Caren Maio, Nestio Storytelling • Craig Protzel, ITP You’ll receive an email each week about who’s holding office hours so you can sign up 32