Tuesday, May 11, 2010

Startupbootcamp becomes the first TechStars Global Affiliate

Two of our founding members, TechStars and StartupBootcamp, just made a milestone announcement:

We're very proud to announce that Startupbootcamp is the first TechStars Global Affiliate. When Rainmaking and I first considered launching Startupbootcamp late last year, we reached out to David Cohen who was incredibly helpful and "open source".  Not only did we learn a lot but we could see that the chemistry and integrity level matched as well. 
We are now building on this and firming up the relationship through an affiliation.  David Cohen, founder of TechStars, explains his view here

What does it mean concretely?
 
Cooperating with David Cohen and Tom Keller (who is the Managing Director, International) and the TechStars team is a fantastic opportunity for Startupbootcamp which will make a material difference to our startup participants.  This gives us an opportunity to tap into the experience and network of TechStars. Our startup participants will benefit from a very deep mentor pool and the best startups will now have improved access to early-stage investment capital. 
TechStars plans to run an annual gathering of its affiliates to enable sharing and relationship building. We will also be sharing "hot desks" enabling members of our respective communities to visit each other's facilities. 
I will be visiting TechStars in Boulder later this week and will be sharing my impressions and observations throughout my one-week stay. (keep an eye on @bootcampdk


Startupbootcamp going forward

 Startupbootcamp is currently screening applications from startup teams across Europe.  The most critical factor for us is the team. We are looking for high quality teams who have the complimentary skills and dedication needed to succeed with a startup. The idea is less important since in most cases it will be adapted as a result of the program.

Most of our current applicants are within the tech area, including web enabled services, mobile services and games. These are exactly the kind of startups we like, since they can achieve significant development within the three month period of the program and they have global potential.

Startupbootcamp applications close by end of June and the first program runs from mid-August to mid-November.


The TechStars affiliation is a big deal for everyone in our wider community:

1) Startup teams: every team going through Startupbootcamp will benefit from an expanded network of mentors and connections.  The TechStars community is very influential and engaged and I suspect they will take a keen interest in the startups coming out of Startupbootcamp.  Who's to say, perhaps David Cohen can take our very best teams along on his annual Silicon Valley roadshow...

2) Mentors: as above, our mentors now have access to an amazing mentor community in the US.  We're going to share "Hot Desks" in the hope that everytime a mentor or other member of the TechStars community is in Copenhagen they come by our offices to hang out and share their knowledge, connections and war stories.  And vice-versa in Boulder, Seattle and Boston.

3) The Startupbootcamp team: we get access to three years of experience which represents a mountain of know-how and processes.  We can learn from the TechStars mistakes and take away their best tips.  I'll be travelling to Boulder in a couple of days and will be sharing my impressions and observations here and on the Startupbootcamp Facebook page.

4) Copenhagen: we love our city and we think it's an amazing place to launch startups.  Our hope is that we help put Copenhagen on the European and global startup map as one of the hotbeds of entrepreneurship.

5) Rainmaking: I am the co-founder of Startupbootcamp with Rainmaking, which is itself one of the hottest startups / investors in Denmark and Europe.  Rainmaking is focused on being successful in an ethical way which contributes to solving the world's problems.  This shared integrity and values-based approach is also part of the reason for cooperating with TechStars who have a strong track record in this area.

So what are you waiting for?  Apply today and accelerate your startup to the stars!

0 comments:

Post a Comment