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What is Hatch?
An egg hatches to be a chick…
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Before we can answer the question, we have to understand…
• What is a Start-up Incubator?• What is a Start-up Bootcamp?• What is a Start-up Fair?
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WHAT IS A START-UP INCUBATOR?
Each start-up is an egg, and We incubate the egg so that it can become a healthy
chicken
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Start-up incubators are programs designed to support the successful
development of entrepreneurial companies through an array of business support resources and
services.
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Start-up Incubator is needed as:
• Each year there are over 80,000 newly registered businesses in Vietnam,
• But only 20% of them survives after 3 years.
• Incubators can boost sales up by 60% => more start-ups can survive, and much more can register to be a business.
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YOU MIGHT’VE HEARD OF
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Let’s look at Y Combinator
• Founded in 2005,• Valued at 7.4 billion USD,• Funded 460 startups so far,• Average value for each business is
23 million USD.
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What about 500 Start-ups?
• Founded in 2010,• Invested 300 startups so far,• Provide $250k for early-stage
companies• 10 notable acquisitions.
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WHAT IS A START-UP BOOTCAMP?
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Start-up Bootcamp?
• A period in which a start-up incubators work with start-ups to get the companies into the best possible shape and refine their pitch to investors.
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Start-up Bootcamp?
• Twice a year, Y Combinator organizes a 3-month intensive bootcamp of mentoring, consulting and fundraising.
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WHAT IS A STARTUP FAIR?
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Start-up Fair?
• An exhibition in which major participants are start-ups, and major visitors are investors.
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Hatch is where we bring Start-up Incubator, Start-up Bootcamp and Start-up Fair together as a series of events
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It is where we bring start-ups and mentors together to create a
strong company ready to present to investors
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How do we do that?
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3 months - Start-ups, Mentors and Investors are recruited to join HATCH! FAIR.
3 weeks - HATCH! & Judges to filter out best applications
3 weeks - Start-ups to present their ideas to judges
2 months - Start-ups to receive initial investment and to work with mentors to refine their businesses
3 days - Start-ups to present their ideas to investors and the public
2 years -Investing process and following-up from Hatch
1Recruitment
2Filtering
3Presenting
4Boot Camp
5HATCH! FAIR
6Follow Up
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What kind of Start-ups?
• We want to work with as many mentors / investors as possible to help as many start-ups as possible.
• We want to work with innovative and energetic start-ups that are ready to launch.
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Why should you be interested?
• For Investors: well prepared Start-ups,
• For Start-ups: prove your concept, • Magnifying Effect: Media Attention.
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Why we want to organize Hatch
Cause we want to help people
change the world
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Why we want to organize Hatch
• Build a self-sustained, non profit community for entrepreneurism,
• Enhance the SMEs sector,
• Inspire a global Hatch spirit by extending Hatch concept to community around the world.
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So how can you help?
• Coaching, mentorship, providing experiences and advices,
• Providing resources for Hatch,• Investing or sponsoring,• Jumping on board,• Spreading our idea to everyone.
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Contact us at
Pham Quoc Dat+844 6275 7406
