Meet Colorado Incubators and Accelerators
at RVC Summer Pitchfest/Incubator and Accelerator Night!
It’s the middle of August and we’re giving you six great reasons to come to RVC’s Summer Pitchfest – we’ll have six great companies pitching for angel/venture capital investment.
We’re also celebrating accelerators and incubators in Colorado – and clearing up questions about how they work.
Different accelerators have different “sweet spots” – some are focused on gathering the right team and then getting that team to develop a great idea. Others are focused on results and progress and so are looking for revenues and traction. No matter where your company is, make sure you understand where you are and how it aligns to the program(s) you are looking to join.
|5:00-5:40||Networking Happy Hour|
|5:40-6:50||Round-table discussion with local Accelerators and Incubators: Innosphere, Boomtown, Global Accelerator Network, Unreasonable Institute, Telluride Venture Accelerator, Innovation Pavillion, Colorado Springs Technology Incubator…|
|6:50-8:00||Six great pitches from ready to raise capital companies:- Yonomi
Program Type: incubator vs. accelerator program. While both incubators and accelerators provide advice, guidance, and various forms of support for businesses in the startup phase, there are several key differences between them.
Industry Focus: An additional element to take into consideration is the industry the incubator or accelerator specializes in.
Services: It is important to determine the benefits that come with operating your startup within the program. Business incubators and accelerators can assist with business plan development, legal advice, accounting, marketing, Internet access, financial tasks, and operational equipment. However, each incubator and accelerator provides different resources, so you will need to find one that offers the necessary services for your startup.
Seed Capital Available: The amount of money the incubator or accelerator typically grants or invests into participant companies.
Equity Stake: the percentage of a participant company that the incubator or accelerator program typically reserves for the seed investment and admittance to the program.
Total Exit Values: Indicates the overall selling price or value of companies that graduated from the incubator or accelerator program. It should be noted that the total exit values only represent the companies that have had an exit. Businesses that are still active are not included in this value.
Mentors: Mentoring can be the most vital aspect of program, so it is important to ensure that there are mentors who have a significant amount of experience in the industry.
Program Style: Denotes whether the incubator or accelerator provides its services on-site or online.
Sponsorship: Describes how the incubator or accelerator is financially supported. Business incubators and accelerators are generally government-operated, privately-held, or university-affiliated.
Graduated Companies: The total number of companies that graduated from the incubator or accelerator program.
Active Companies: The number of companies that are currently using the services provided by the incubator or accelerator
Demo Day: The day when startups present their venture to a large group of potential investors. Some incubators and accelerators host multiple demo days, which attract hundreds of spectators including investors, journalists, and other entrepreneurs. This is an ideal opportunity to showcase your service or product and demonstrate the successes of your company.
Join us on Tuesday, August 12, 2014 to find out all the options available in Colorado!