prototron tallinn batch 2016 - brief
TRANSCRIPT
Siim Lepisk CEO
Europe’s #1 startup prototyping fund
#1 startup prototyping fund
in Europe
Since 2012, we have: ● Gathered 1 300+ ideas ● Had 12 rounds of funding ● Given out 380 000+ EUR to 35 teams
Our proven concept
Our 35 funded teams have: ● Got 16 new products to market ● Generated revenue of 3 000 000+ EUR ● Accelerated in Techstars, Seedcamp, Startup
Bootcamp, Tehnopol etc. ● Got 10 000 000+ EUR follow-on funding from
angel and venture capital investors
We’ve already shown great results
We focus on
* In ICT, we fund projects having complex algorithms or well protectable intellectual property. However, any excellent team can apply with any idea.
ICT*
Electronics Mechatronics
Greentech
● Idea’s technological novelty ● Team’s strong competence ● Prototype’s market capability ● International growth ambition ● Thoughtful business concept
Funding criterion
Additional points given for detailed prototype description, prototyping timeline, budget, sketches/drafts.
Applications submitted by 10 June prototron.ee
Experts rating and writing feedback to all
20 top teams get acceleration program
with 20+ mentors
10 teams pitching to Expert Committee
7+7min
Expert Committee decides funding
2-4 teams
Selection process
Up to 30 000 EUR equity-free + acceleration!
Mentoring for applications sent by 27 May
Win-win with Estonian ecosystem
Funding Follow-on programs Pre-programs Investments
Some of our smart city successes
11 242 EUR
Sea monitoring buoys
2013 9 900 EUR
Ultra-fast language learning platform
2013
3 100 EUR
Cloud based queue management
2012 8 500 EUR
Cloud platform for reducing energy bills
2014
10 534 EUR
Battery pack and control system for
light electric vehicles
2012
7 000 EUR
Connectivity platform for cars
2013
7 000 EUR
Factory line monitoring hardware
2015
7 000 EUR
Grid balancing software
and smart plugs
2015
Apply www.prototron.ee 27 May deadline for feedback and mentoring 10 June final application deadline August TOP20 acceleration program 17 August 30 000 EUR decided for 2-4 teams 6-12mo Incubation with Tehnopol and Tallinn City 15 October deadline for next batch
Your next steps for 2016