About the Development Programadmin2016-04-21T13:57:43+00:00
The Development Program consists of an exclusive mentor program and a developmental package consisting of sponsor services, feedback, webinars and an online investor community. All finalists who are invited to Copenhagen for the University World Cup have the opportunity to apply and join the Development Program. The enrolled startups have access to the mentor program and services for one year and the opportunity to apply for a new or additional expert mentor each quarter
The mentor program consists of a network of experienced entrepreneurs and executives who act as mentors for promising startups with the goal of turning the innovative ideas into reality.
The network of mentors has excessive experience in various areas thus securing professional support and guidance to startups in all industries.
Each team will be awarded a package of online sponsor services and strategic business consulting with a value of more than 110K dollars a year.The online services are offered by Microsoft, Podio, Komfo, Forecast.it, Wiredelta, Woumedia with many more to come. If a startup should choose to move their business to Denmark or a Nordic country they will be offered the same services as Venture Cup’s Startup Booster teams. It consists of a portfolio of services that are necessary to start a business in a Nordic country ranging from business foundation and legal structure, human resource, management tools, IT infrastructure and much more. You can read more here.
Our online camps use the best known platforms on which special VIP seminars are held by innovation gurus, pioneer entrepreneurs and other relevant professionals for the USWC startups. The online workshops will be accessible as webinars for all of the USWC startups and will be held several times throughout the year.
Moreover, we are working on having regional two-day camps in cooperation with our global partners.
Online community building
We will connect the teams with the best network of investors, business angels and influencers. These will provide feedback and will review and grade the teams based on a quarterly online pitch uploaded by the teams. Thus having a one year relation with the investor community.
The collected feedback from Venture Cup is given to the teams twice a year to help them grow and reflect on potential areas of improvement.Each Startup will be included in a community in form of a collaboration platform where they can share thoughts and knowledge with each other. The platform is an excellent way of sharing experiences and getting sparring from other like minded entrepreneurs.
One year after the World Cup, the startup who has been most active in the Development Program, has improved the most and has gotten the best feedback and ratings from the investor community will be invited to be a jury member and have a speech at the next World Cup. All expenses will be covered by Venture Cup.