Techstars Startup Community Partnership PDF

Better for Philadelphia startup community and its founders. © Techstars | Proprietary & Confidential 1 Over the last 17 years, many of the world’s great companies got their start with Techstars Techstars Highlights $1B+ Val...

Better for Philadelphia startup community and its founders. © Techstars | Proprietary & Confidential 1 Over the last 17 years, many of the world’s great companies got their start with Techstars Techstars Highlights $1B+ Valuation Companies $111.6B 460+ Cumulative Exits & IPOs market cap 100+ Companies with market cap >$100M © Techstars | Proprietary & Confidential 2 Our products help founders from inspiration to IPO 1) Inspiration 2) Preparation 3) Acceleration With community building events, hackathons With pre-accelerator training for With pre-seed funding, structured mentoring and newsletters promising founders program, and demo day © Techstars | Proprietary & Confidential 3 With Techstars, your startup community gets plugged into a global network with better outcomes Global Network Improved Chances Better Outcomes 7000 events & 6X greater acceptance 74% raise capital after hackathons rate into a Techstars program and 31% 150 countries accelerator after founder achieve exit, more than 428,000 participants catalyst training any other accelerator2 2 See PitchBook, “Quantifying the Success of YC and the Largest Accelerators”, published on June 8, 2023, available at: https://pitchbook.com/newsletter/quantifying-the-success-of-yc-and-the-largest-accelerators-gWb. © Techstars | Proprietary & Confidential 4 A partnership with Techstars starts with a license to develop and invest in your startup community with our training, content, and brand Goal Products Success Who Techstars Startup Startup Weekend High levels of community Techstars Startup Week All new Techstars Community Strong founder engagement (from nodes start here, Partnership pipeline Techstars Startup Digest founders to mentors to Techstars Founder with this License investors) foundational license Catalyst Startup success stories Techstars Community Development Lab © Techstars | Proprietary & Confidential 5 A Startup Community Partnership includes our most popular foundational products and a framework for building an engaged local community 1) Identify and 2) Identify and 3) Develop ideas and develop leaders develop founders teams Board of Directors Establish a group of 7 community leaders who feel ownership of the process Techstars Startup Weekends Run weekend experiences of entrepreneurship Techstars Founder Catalyst Techstars Community Techstars Startup Week Elevate promising founders in Development Lab Host an annual celebration of a part-time program to shape Train future startup your startup community ideas, teams, and products community leaders © Techstars | Proprietary & Confidential 6 There’s opportunity to deploy investment capital and achieve returns, if that’s a goal Investment Opportunity: Up to $10K per startup Graduates from your Techstars Unlimited follow-on Founder Catalyst are investing into your Up to $50K per guaranteed interviews at community’s startups startup Techstars Anywhere, our post Techstars premier virtual accelerator for accelerator global founders Up to $100K per 10% of upside economics startup accepted to are shared back to you for Techstars sourced companies Accelerator © Techstars | Proprietary & Confidential 7 With a Techstars partnership, your startup community builds the foundation for long term founder success - a few examples Participated in Seattle Startup Weekend Participated in Taipei’s Founder Catalyst Matches dog owners with service providers Accepted into Techstars Accelerator in US Over 100k pet sitters on its platform #1 AI-based driver monitoring system for fleets Most recent valuation $1B Backed by Nvidia Participated in Abu Dhabi’s Founder Catalyst Accepted into Techstars Accelerator in US #1 self-esteem game for kids in the world On track to onboard 1MM students © Techstars | Proprietary & Confidential 8 A Startup Community Partnership License is a multi-year commitment and includes continuous Techstars support License: Support: A brand license for the use of Techstars We help you in recruiting an outstanding local board Community Products including Startup of directors of 7 people (including 2 local co-chairs) Weekend & Week, Community Development Your board interfaces with other community boards Lap, Startup Digest, and Founder Catalyst around the world to share best practices Techstars announces your startup community An appointed Techstars representative serves on your as an “office/location/theme” and actively board for alignment and expertise - an employee, promotes it alumni founder, or mentor with deep knowledge of Listing on the Techstars website Techstars products and community building A space in our global online community called We train and certify a local employee that the board Techstars Universe hires to be your “coordinator on the ground” All costs (employee, events, etc) borne by the We train and certify up to 5 people in your community licensee. All revenue (ticket sales, to run Startup Weekends, Startup Weeks, and sponsorships, etc) retained by the licensee. Founder Catalysts along with providing our content See next page for budgeting considerations and playbooks © Techstars | Proprietary & Confidential 9 To get started, establish and fund a management company that holds the partnership license and operates the Techstars Community Products Budgeting Considerations Expenses Revenue Yearly licensing fee Management company formation (i.e. Returns from your own investment the licensing and operating entity) activities into your community’s Salary for a full or part time local startups employee coordinating community 10% upside shared for startups from activities (could be a shared resource your activities that go on to Techstars from another organization) Accelerators Location rent for Startup Weekends, Ticket sales (for example, tickets to Founder Catalyst etc. your Startup Week) Catering for events Sponsorships, both local and global Prize money and/or investment capital companies that want to be associated for event winners with your startup community events © Techstars | Proprietary & Confidential 10 We are excited to help you achieve your long term ambitions for Philadelphia startup community. Together is the beginning of something special. © Techstars | Proprietary & Confidential 11