Draper’s Silicon Summer Pitch Prize
Golden Ticket to the Draper University Hero Training Program
This spring presents the unique opportunity for software and smart hardware startups to win a golden ticket to the five-week Draper University Hero Training program in San Mateo. This ultimate Silicon Valley accelerator experience is designed to provide founders with the skills, mindset and network to take their venture to the next level with unprecedented speed and impact.
THE GOLDEN TICKET
Tuition & Stay
Draper University Hero Training from July 6 – August 10, 2021. Five-week entrepreneurship program, eight modules, numerous speaker sessions, workshops and team activities. On-campus accommodation and co-working space in downtown San Mateo, California, USA. Value: $12.000. Offered by Draper University.
Travel
Return ticket AMS – San Francisco and transportation from the airport to the Draper University Campus. Value appr.: $2.000. Offered by Braventure.
Experience
Immersive, once in a lifetime, new horizons, personal and professional growth, energy, sun. Value: Priceless.
Network
Startup experts, founders and VC’s, new mentors and friends. Value: Priceless.
The opportunity
Draper’s Silicon Summer Pitch Prize competition is the result of a partnership between LUMO Labs, Draper University and LUMO Labs’s local ecosystem partners Braventure and High Tech Campus Eindhoven.
The partnership underlines Draper University’s commitment to connecting and supporting global innovation hubs as well as their emphasis on diversity and inclusivity concerning the program’s participants.
Draper University was founded in 2012 by the legendary Silicon Valley venture capitalist Tim Draper with a vision and belief that in order to change the world we have to change education. Through hands on training, an innovative curriculum and thought leadership Tim Draper brings together young entrepreneurs, startup founders, executives and investors all under one roof.
As avid supporters and promotors of the Eindhoven-region distinctive ecosystem for software and smart hardware, High Tech Campus Eindhoven, Braventure and LUMO Labs have made it a habit to join forces to create unique opportunities for impact-driven emerging tech startups to gain global exposure and traction.
Draper’s Silicon Summer Pitch Prize clearly presents such an opportunity.
Pitching Finals
May 19, 16:00hrs CET – 19:30hrs CET
High Tech Campus Eindhoven
Submission deadline: May 9, 2021.
Local partners: LUMO Labs, Braventure, High Tech Campus.
The competition
Startups are invited to submit their pitch decks and motivation via goldenticket@lumolabs.io until May 9. The competition and all related communication is coordinated by Janneke Huijbregts. Any questions concerning the competition, criteria and/or the final event, can be asked to her directly via janneke@lumolabs.io.
The jury will convene on May 10 and 11 to evaluate and discuss the submissions and will select the six finalists for the live pitches. All applicants will be
THE FINALS
The finals of Draper’s Silicon Summer Pitch Prize will take place on Wednesday May 19 in presence of the jury. They will be held at the Conference Center High Tech Campus using it’s COVID-proof space and facilities.
The event starts at 16:00hrs CET and will be hosted by Job Nijs, Managing Director of Braventure.
Each of the six selected finalists is allowed two attendants. One presenter, who will pitch on stage, and one supporter who can contribute to the Q&A with the jury after the pitch. Each pitch can be no longer than five minutes. The maximum duration of the Q&A after each pitch is ten minutes.
Two representatives of the Draper University will attend the event from San Mateo via live stream.
After the last pitch and Q&A, the jury will deliberate and will also consult the Draper University representatives for additional input and insights. The winner of Draper’s Silicon Summer Pitch Prize will be announced around 19.30hrs CET.
THE CRITERIA FOR ENTERING THE COMPETITION
Startup
- Founded less than 5 years ago
- Software or smart hardware focus
- Current phase: Customer validation or Market entry
- Innovative and scalable
- Transformative and impact-driven (financial as well as social impact)
- Based in the Netherlands
Submission deadline
- Sunday May 9, 2021.
Submission format (in English)
- Pitch deck: maximum 10 pages.
- Motivation: maximum 500 words written text or maximum 60 second video.
- Send to goldenticket@lumolabs.io
Other
- For the winner: willing to share his/her experiences via social media/blog/vlog during the program.
The jury
- Frank Claasen (Newion)
- Gert Jan Vaessen (BOM)
- Nard Sintenie (Innovation Industries)
- Andy Lurling (LUMO Labs)
- ….
The prize-winning criteria
The jury will look at:
- Innovation, business case, scalability and potential impact of the venture.
- Energy, motivation and commitment of the founder or designated team member who will be cashing in the golden ticket.