Tuesday Dec 01, 2009

The Difference Engine - Early Stage Funding

The Difference Engine is a full time 16 week acceleration programme which combines investment capital of £20,000 (for 8% of the business) with mentoring, support and office accommodation with various other services provided by our partners.

At the conclusion of the programme the businesses will be expected to be investor ready, and will have to present their businesses and products to a group of venture capitalists and angel investors at a demo day.  The first programme will commence in February 2010 and will be run from Boho One located in Middlesbrough.

The Difference Engine is comparable to Y Combinator (Silicon Valley), TechStars (Boulder, Colorado & Boston, Massachusetts) and Seedcamp (London). Outside of London, this will be the first major acceleration programme to be set up in Europe, and clearly demonstrates our ambition to help aspiring digital entrepreneurs.

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Wednesday Nov 26, 2008

Helsinki, Slush and more Slush

Lots has been happening the last few weeks, but the main thing for me has been launching Startup Essentials in the Baltics and I had the pleasure of being invited to attend and speak at the event. We launched Startup Essentials to an audience of over 300, and sponsored the after party drinks to help the conversation flow, and flow oh and flow.

So yes it was a startup event, but what made this different and made me proud to be part of it was this :

  • The sponsor money goes into a slush pot
  • The Startups who have been successful, who exhibit, their money goes into the slush pot.
  • The people who pull this together are the main people in the Finnish startup scene, all do this for FREE.

The slush pot, then goes to the Three startups that were selected on the day as the winnners of the Slush 7, an idea that I think is really great and helps support more companies to startup and grow, then do the same over and over again. Its own eco system, self supporting and growing, which is just a real amazing idea, so simple, but just works

One of the funniest stories was from  Petteri Koponen,  he told us how he was forced to ask his hairdresser for a ride because he was running late for a meeting with a top VC firm. Of course, the fact that a hairdresser was so enthusiastic that he drove Petteri to all his VC meetings across Silicon Valley didn’t go unnoticed, with one firm so impressed that they came  out to the parking lot to meet up, this had the audience in stitches.

Ill write up a post on the Startups there and the Finnish startup scene, but it has to be said, Helsinki and startups, yep a vibrant place.

Tuesday Apr 29, 2008

How to generate revenue on that thing called the Internet, web x.0

So you want to make money on the Internet, you found a way to  keep your family informed of every micro event......

Now find out how to generate revenue.

Click here now.

Oh and don't forget the catching the fly look as well.

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