Smart green accelerator panel featuring Startupbootcamp, Climate-KIC, Rockstart and Swedish Energy Agency
Ecosummit TV: Accelerating smart green startups should be the key motivation for everybody working with startups on a day-to-day basis, not only accelerators, but also angels, VCs, corporates and service providers. At ECO14 Berlin, we discuss the art of faster startup development with Alex Farcet (Startupbootcamp), Franka Birke (Climate-KIC), Yme Bosma (Rockstart) and Bigge Lidgren (ex-Swedish Energy Agency, now Cleantech Invest). A typical accelerator programme lasts 90 to 180 days with intensive mentoring on product development, customer development, fundraising and team building. Private accelerators like Startupbootcamp and Rockstart follow the business model of investing €20K for 8% of equity at a rather low valuation. Then they work hard to create value, increase the startup’s valuation and attract follow-on investments. Public accelerators like Climate-KIC and Swedish Energy Agency usually do not take equity and rather provide grants and soft loans. A key challenge for all accelerators is to attract coachable founders that are, at the same time, very talented and skilled at building successful startups. Only then do the accelerators get returns on their investments.
Tags: Accelerating smart green startups, Accelerator, Alex Farcet, Alexander Bigge Lidgren, Cleantech Invest, Climate-KIC, ECO14 Berlin, Ecosummit Berlin 2014, Ecosummit TV, Franka Birke, Panel, Rockstart, Smart Green Startup, Startupbootcamp, Swedish Energy Agency, Yme Bosma