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Getting the Fundamentals Right
First Steps towards 2020
#startupIRL
Startup Island 2020 ForumGetting the Fundamentals RightValto Loikkanen & Oscar Ramirez
Copyrights © Startup Commons 2015
Innovation Ecosystem
Startup Ecosystem
Research IPR
Innovation via Big Companies & Public Sector.
Closed process & Internal resources
Innovation by Startups
Research IPR
Innovation via Big Companies
& Public Sector.
Innovation by Startups
Open, collaborative & external resources
FundingSources
Service Providers
SupportOrganizations
FundingSources
New Funding Solutions
Customers
Customers
Ecosystem Value*: Amsterdam vs Silicon Valley* Global Startup Ecosystem Report 2015
Amsterdam$ 8.1 - 9.9 bn
Silicon Valley$ 264 - 323 bn
x 32
Minimum Viable Product
Validate / Iterate (or pivot)
Ideation Concepting Commitment Validation Scaling Establishing
Lean Startup
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to
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www.startupcommons.org
Mission > Vision > Strategy Scale Up
Business Model / Market Fit
● Co-founder team formation● What, to whom? & Why and how? Grow / Expand
-2 -1 30 21
Product / Market FitVision / Founders FitProblem / Solution Fit
STARTUP DEVELOPMENT PHASES
The reality of creating a pipeline of future businesses for your city
Ideation Concepting Commitment Validation Scaling Establishing
6000 business ideas
4000 people≈250 teams 150 startup teams 55 potential startups 15 growing startups 4 significant
companies
STARTUP DEVELOPMENT PHASES
Minimum Viable Product
Validate / Iterate (or pivot)
Lean StartupMission > Vision > Strategy Scale Up
● Co-founder team formation● What, to whom? & Why and how? Grow / Expand
-2 30 2
Shared mission, vision & ‘can do attitude’
Committed skills balanced founding team
Shareholder agreement with “right things” in it
Founding Team
Clear intellectual property rights
Big addressable market AND/OR fast growing international market AND/OR big market in disruption
Scalable business model
Business Potential
Six Key Pillars Focus on Phases -2 to 0
Environment Culture Skills Education Networks State Support
Breakout Session
#startupIRL
Startup Commons feedback on breakout
session
#startupIRL
Feedback after the Breakout SessionValto Loikkanen & Oscar Ramirez
Copyrights © Startup Commons 2015
Six Key Pillars Focus on Phases -2 to 0
Environment Culture Skills Education Networks State Support
RECOMMENDED NEXT STEPS
- Startup Gathering steering group for your city could start the process of building a shared vision through using the outputs from the Breakout Session to create a Startup Manifesto for your city. - Have a clear champion leading the initiative.- Capable of creating significant impact.- Needs cross community support.
-2 -1 30 21
Business idea
Team
Private Advisory: Multiple advisors
In search of co-founders
SHA Workshop
Group Advisory
Private Advisory: One advisor
Pitch Training & feedback
General networking
In search of team members
Startup Info (stages & service matching)
Company registration, VAT etc. basics advisory
Co-working space and pop up advisory
Pitching events: for advisors, funding, sweat equity & visibility
Recruiting support & advisory
Biz Model Canvas
MVP & metrics workshop
Customer Development
Startup Commons Back-end infrastructure
Business
Com
pany
Random events, meetups & presentations in the ecosystem
Media as a Service
Marketing ServicesMarketing Workshop
Subsidised specialist grants (UX, design etc. etc.)
Sales as a Service
Subsidised specialist grants (accounting, legal etc.)
Startup Weekend etc.
Accelerator Bootcamps
Public sector as a customer
“At stake is nothing less than the
economic future of our towns, cities and
regions.”
#startupIRL
Your Plan
Your City’s Future
Now is the right time
Startup Commons Global + + www.startupcommons.org + +
@startupcommons + +
Oscar [email protected]+34 656 180 880 (ESP)
@oscar__ramirez
Valto [email protected]
+358 400 421 551 (FIN)@valto