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enterprise, commerce, education, health, social, and esports

Vive X operates under a service-oriented philosophy and seeks to build relations


hips and act as partners with its companies and alumni.
ecosystem boosters, a force multiplier whose success can lead to other company s
uccesses
pain point solvers
network of entrepreneurs, investors, industry professionals, and media
cultivate, foster and grow the global VR ecosystem by supporting startups and pr
oviding them with education (emerging VR trends), investment and mentorship (how
to build the company) connecting them with expertise (though leaders, guest lec
turs on new innovations), networking (lik-minded entrepreneurs), support service
s (infra, accounting, finance, HR, legal, etc)
empower founders and early-stage software startups with funding, deep domain exp
ertise, co-located work spaces, and unparalleled resources to build products, la
unch startups and grow companies ready for scale.
BoostVC, Green Screen, HTC ViveX, Rothenberg, Samsung, SXSW
TechGroov
TechGroov Mentors will help validate your ideas. Struggle with other startups an
d solve problems quicker. TechGroov will connect you with various audiences to h
elp alpha & beta your products and gain valuable prelaunch insights. You'll save
months of hard work by doing this right!
Few key features of TechGroov Program:
1.Top 25% of batch gets free Tech Mentorship for 6 months
2. Top 10% of batch gets 6 months of Free Design & Prototyping Services
3. Chance to Pitch & Get Funded by Leading VCs
Additionally they also provide a fully functioning working space with the follow
ing amenities :
24*7*365 space access+ air conditioning
High energy work area + interaction with fellow startups and business leaders
High speed internet access
Fully stocked snacks bar
Networking with Industry experts and Tech leaders
RELATIONAL CAPITAL
Tribe & Alumni Networks
Investor Connections
Industry Specific Contacts
Mentors & Speakers
FINANCIAL CAPITAL
Funding
Legal Support
Housing
Office Space
INTELLECTUAL CAPITAL
Industry Knowledge
1:1 Strategy Sessions
Office Hours
Accountability
seed-DB -> database for collecting information about seed accelerators
focussed on marketing, culture, startup accounting, product design, mobile, user
testing, sales and more
LOWE'S innovation lab collider, bangalore
coffee gatherings, happy hours, user grup, tech meet ups, startup discussions, o
pen source gatherings, barCamps, Trade Shows
community talks, blogs, tweets,
make a co-working space, organize hackathons,
build a checklist to evaluate a VR startup?
verticals, rout-to-market, revenue streams, test and validate business assumptio
ns through focus-group testing and data analysis
what's the end-goal? Time-frame? What stage shoudl startups be at when they get
out?
How baked do they need to be in order to be on solid footing and raise follow-on
capital?
(early adopter traction) - need more traction and more de-risking before investo
rs will pay attention
equity - 5-12% range (risk-benefit analysis)
specialization - AR/VR
time-frame? no of startups in each time frame?
arrange for follow-on investment? - have an accelerator with a sidecar fund that
's able to cherry pick the deals it wants to add more capital into?
- events geared towards investors, dine-n-wine evenings and personal introductio
ns are key.
Professional networking and targeted match-making between startups and investors
are key elements when it comes to spoon feeding the local investor community.
Target corporates as well - they are continuously looking for innovation.
Banks, financial instis are always happy to fund accelerators
Startupbootcamp backed by Santador, rabo bank, lloyds
Techstar backed by Barclays
when to exit from the equity stake of the company?

Business model for the accelerator? revenue model including targets


costs - rent for large space, staff overheads, branding, marketing, and PR expen
se, seed investment
value chain (talent, branding, marketing, startups, mentors, investors, manageme
nt team) , PR/media, mentor base, startups, skill programs, conversion funnel, a
pplication process
management level, prtfolio level, programme level
start small with high quality
~~hyper-accelerator

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