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The Story of Microsoft Ventures Accelerator

Date post: 18-Feb-2017
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Warwick Hill CEO-in-Residence and MD Microsoft Ventures London @Warwick_hill The Story Of Microsoft Ventures Accelerator
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Page 1: The Story of Microsoft Ventures Accelerator

Warwick HillCEO-in-Residence and MDMicrosoft Ventures London@Warwick_hill

The Story Of Microsoft Ventures Accelerator

Page 2: The Story of Microsoft Ventures Accelerator

Accelerator definition

fixed-term, cohort-based programs, that include mentorship and educational components and aims at growing business rapidly, ending in demo-day.

Page 3: The Story of Microsoft Ventures Accelerator

Startups Matter!

Bringing Radical Innovation!

It’s no secret that start-ups matter!

They are disrupting every industry with innovation, leading every major change in the world.

Page 4: The Story of Microsoft Ventures Accelerator

“All growth comes because of startups”

Page 5: The Story of Microsoft Ventures Accelerator

Our Mission

Empowering Startups to Achieve More

Page 6: The Story of Microsoft Ventures Accelerator

The Accelerator Program

Introduction to VCs

Access to resourcesOffice space

Mentors and experts Access to customers

Business Development

Technology experts

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April 2012, Microsoft Accelerator (Israel)

Our Beginning…200 applications / 11 accepted

@MSFTVenturesUK

Page 9: The Story of Microsoft Ventures Accelerator

Microsoft Ventures In Numbers

$4.73M($718K median in funding) raised a year from graduation

438companies have gone through our accelerators to-date

82%Follow-on funding received within 1 year of Demo Day (US average is 59%)

28Startup exits: 27 acquisitions to-date (one by Microsoft) and 1 IPO

Page 10: The Story of Microsoft Ventures Accelerator

Leading Corporate Accelerator Program

Chosen as the #1 accelerator in Israel by GeekTime.(50K voters)

Ranked #1 in the list of ‘Top 5 Incubators considered Market Leaders’ at the global ET Survey 2014

Beijing accelerator was voted by Cyzone as one of the #1 incubator in the country.(Out of 1800)

Page 11: The Story of Microsoft Ventures Accelerator

“We believe that supporting security innovation, not only at Akamai, but also through promising entrepreneurs, is of true benefit to our customers and any company doing business on the Internet.“

Stuart SchollySenior Vice President & General Manager, Security Division, Akamai

“we are going to learn new things that will help us take care of our customers”

Peter GunderChief Business Development Officer @ American Family Insurance:

“Externally, we formed partnerships with two well-known business accelerator incubators - Microsoft Ventures and Healthbox…. These relationships give BD access to some of the world’s best science, technology & entrepreneurs - all with the goal of incenting the entrepreneurial community to consider and pursue early-stage business concepts that align with BD’s strategic Interests”.

BD yearly report 2014.

Partnering With Other Corporates

Page 12: The Story of Microsoft Ventures Accelerator

Our Alumni ProgramGlobal and local benefits for graduates

Open hours Tech support Free & discounted tickets for events Alumni events Demo and speaking opportunities in tier 1

events Business travel work space Webinars Marketing and PR amplification Global community Access to investors and customers

“The Microsoft Meetup at SXSW was amazing! I met many startups engaged with the ecosystem who are using the Azure cloud infrastructure as we do too”

Parth Saxena @TommyJams, MV Bangalore

“Thanks so much for coordinating everything! I had a chance to say hi to the SkyGiraffe team as well which was great -- always nice to meet another MV alum!”

Wendy Qi @Sentri, MV Seattle

Page 13: The Story of Microsoft Ventures Accelerator

Supporting the Global Ecosystem

Partnering with other accelerators

Running meetups and educational sessions for all entrepreneurs in the local ecosystem

Connecting startups with industry leaders (DLD)

Sharing Knowledge

Joint initiativesHosting Think Next, a leading technology event in Tel Aviv and India

Page 14: The Story of Microsoft Ventures Accelerator

How Did The Program Become a Success?Focused

Effort

We are targeting a specific audience with a clear benefit.

Single Blue PrintGlobal guidelines based on best practices, continually refined with local adjustments to cater to cultural diversity

Entrepreneurs For

Entrepreneurs

We have a consistent operating model defining roles and team members executing the blue print.

Page 15: The Story of Microsoft Ventures Accelerator

Success StoriesArianna Huffington, founder and editor-in-chief of The Huffington Post, Boris Johnson, mayor of London

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Why are we different?

Microsoft Ventures is a global programme that identifies high performing start-ups such as Buying Butler (2014 London Cohort) that have the ability to become billion dollar businesses. Microsoft back these start-ups via a formal programme that incorporates both an accelerator and on going support where we help these start-ups with more than just technical support, most importantly with formal introductions to our customers where we identify customer pain points and start-ups that can help to solve these…

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Kevin MonserratMarketing and Relationship ManagerMicrosoft Ventures Londonhttps://uk.linkedin.com/in/kevinmonserrat


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