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Taghyir Lab

Date post: 17-Oct-2014
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An accelerator program designed upon request of a couple of Malaysian businessmen and friends ...
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T AGHYIR LAB A TECHNOLOGY REVOLUTION Ta g hyi r La b is a sta r tu p a cce le rato r fa c to r y t h at fo c uses on the development of startups with high impact and va lu e c reati o n p ote nt i a l. In Taghyir, we b e l i eve t h at delivering va lu e to c usto m e rs, would d ete rm i n e the s u sta i n a b le ret u r n of reve n u e of a ny p ro d u c t, sta r t u ps. Majulah Community LTD, 2013 C
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Page 1: Taghyir Lab

TAGHYIR LAB

A TECHNOLOGY REVOLUTION

Taghyir Lab is a star tup accelerator factory that focuses on the development of star tups with high impact and value creation potential. In Taghyir, we believe that delivering value to customers, would determine the sustainable return of revenue of any product, star tups.

Majulah Community LTD, 2013C

Page 2: Taghyir Lab

HOW IT WORKS

DISCOVERY VALIDATION

21

BUILD

3

GROWTH

4Week 0 - 2

Week 3 - 6

Week 6 - 16

Week 16 - 20

An accelerator program for university students to work on their star tup idea through the following timeline and development roadmap . . .

Page 3: Taghyir Lab

HOW IT WORKS

DISCOVERY

1Week 0 - 2

An accelerator program for university students to work on their star tup idea through the following timeline and development roadmap . . .

‣ Reaching out to local students for (1) Hackathon(s), and (2) Startup Design Weekends - where participants work on their startup idea in a 3-day residential program.

‣ In these programs, participants will learn frameworks to help them build a startup (i.e. customer development, human centered design, business model innovation, future thinking).

‣ After these programs, participants will keep refining (or pivot) their idea in Taghyir Lab, and present their finding at the end of Week 2.

100 PARTICIPANTS

Page 4: Taghyir Lab

HOW IT WORKS

VALIDATION

2

Week 3 - 6

An accelerator program for university students to work on their star tup idea through the following timeline and development roadmap . . .

‣ “Taghyireen” will begin prototyping and validating the products during MashUP.

‣ With these prototypes, participants will further validate the value propositions and value features to potential customers.

‣ At the end of Week 6, participants must discover the product-market fit and develop a business model that optimizes the customer segment.

‣ At this point, understanding of the customer is extremely critical.

50 STARTUPS

Page 5: Taghyir Lab

HOW IT WORKS

BUILD

3

Week 6 - 16

An accelerator program for university students to work on their star tup idea through the following timeline and development roadmap . . .

‣ Taghyireen, after discovering the product-market fit, will build their product with the desired features.

‣ At the end of Week 16, Taghireen will proceed to channel their products to early adopters.

20 STARTUPS + RM 15,000

Page 6: Taghyir Lab

‣ By the end of Week 16, startups will exploit further the customer segment, and be expected to bring in revenue (note: revenue may not necessitate profit).

‣ Startups who are looking to raise more funds, will begin early investment round from angel investors or governmental grants.

‣ Demoday will happen on week 20, for startups to showcase their final products and accomplishments. Startups will be pitching to angel investor who are the primary audience.

HOW IT WORKS

GROWTH

4

Week 16 - 20

An accelerator program for university students to work on their star tup idea through the following timeline and development roadmap . . .

ANGEL ROUND INVESTMENT DEALS

Page 7: Taghyir Lab

TIMELINEAn accelerator program for university students to work on their star tup idea through the following timeline and development roadmap . . .

MONTH 1 MONTH 3

StartUP Bootcamp

Workshop & Classes

StartUP Bootcamp

MashUP

MONTH 2 MONTH 4 MONTH 5

Review of Ideas1

Announcement of Top502 Announcement

of Top203 BetaDay3 DemoDay3

Page 8: Taghyir Lab

INFRASTRUCTUREThe accelerator program’s ecosystem will revolve around a physical lab where par ticipants can work on their star tup idea and cross p ollinate in a nur turing environment with other like-minded star tups.

3D Printers &Prototyping Tools

Co-working space Discussion Area Pantry Area

Prototyping & Design Softwares

Stationeries & Office Materials

Toolworking Area

Page 9: Taghyir Lab

STARTUP CURRICULUMThe accelerator program will be based on cutting edge curriculum tested in Silicon Valley, the epicenter of tech star tups. These contents are critical to maximise capacity building potential of star tups.

‣ Customer Development

‣ Lean Startup

‣ Business Model Innovation

‣ Future Thinking

‣ Intellectual Property

‣ Agile Product Development

‣ Business Compliance & Administration (Book-keeping)

‣ Branding & Corporate Identities

‣ Sales and Marketing Channels

‣ Social Media - Thinking Social

‣ Growth Hacking

‣ Startup Accounting & Finance

‣ VC & Angel Investment

‣ Startup Valuation

‣ Negotiation & Communication

‣ Elevator Pitch & Presentation

‣ Finding EQ for Entrepreneurs

‣ Leadership & Team Dynamics

Page 10: Taghyir Lab

EXIT STRATEGY

SEED FUNDING‣ Startups at build stage (Phase 3) will receive RM15,000 of

seed funding for 10% equity of the business. This means Tagyhir Lab will be a partner in the business.

‣ Taghyir Lab will exit the startup at either the Angel round or Pre-Series Round, at the Net Present Valuation at the time of the funding round.

‣ Taghyir Lab, may lead or participate in a syndicated round of funding in subsequent funding cycles.

Taghyir lab will be investing in each of the 20 star tups that reach phase 2 . This wi ll be Tagyir’s business model and engagement strategy with its por tfolio star tups.

Page 11: Taghyir Lab

OTHER FUNDINGFocusing on students from UTM, a physical lab where par ticipants can work on their star tup idea through the following timeline and development roadmap . . .

GOVERNMENTAL GRANT‣ To cover operational cost of running Taghyir Lab - as part of

nation building and harnessing of high-growth and technological Malaysian Entrepreneurs.

‣ Operational cost to cover free open workshops and usage of facilities, as well as specially curated programs for Taghyir startups.

Page 12: Taghyir Lab

Majulah Community LTD, 2013C

TALK TO US!

TAGHYIR LAB

Khairu RejalFounder, Majulah Community

[email protected]


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