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LUMO labs

T: + 31 6 129 613 84
E: questions@lumolabs.io

Language: English
Date: 13 Apr 2023
Time: 16:00 - 19:30
Entry fee: 0

Location:

Conference Center

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Win the Golden Ticket to the Draper University Hero Training Program in Silicon Valley!

The opportunity
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 ventures to the next level with unprecedented speed and impact.

Golden Ticket
Tuition & Stay: Draper University Hero Training from May 22 – June 23, 2023. This five-week entrepreneurship program includes eight modules, numerous speaker sessions, workshops and team activities. The package includes flight costs, on-campus accommodation and co-working space in downtown San Mateo, California, USA. Value: $14.000. Offered by Draper University.

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.

Pitching Finals
April 13, 16:00hrs CET – 19:30hrs CET
High Tech Campus Eindhoven
Submission deadline: March 23, 2023.

More about the opportunity
Draper’s Silicon Spring Pitch Prize competition is the result of a partnership between LUMO Labs, Draper University and LUMO Labs’ local ecosystem partners 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’s distinctive ecosystem for software and smart hardware, High Tech Campus Eindhoven, LUMO Labs and LUMO Labs’ local ecosystem partners join forces to create unique opportunities for impact-driven emerging tech startups to gain global exposure and traction.

The competition
Startups are invited to submit their pitch decks and motivation via goldenticket@lumolabs.io until March 23. The competition and all related communication is coordinated by Caroline Wilkinson. Any questions concerning the competition, criteria and/or the final event, can be directed to her at caroline@lumolabs.io.

The jury will convene on March 24th to evaluate and discuss the submissions and will select the six finalists for the live pitches. All applicants will be notified on March 30th whether or not they have been selected for the finals on April 13th.

The finals
The finals of Draper’s Silicon Spring Pitch Prize will take place on Thursday, April 13 in presence of the jury. They will be held at the Conference Center High Tech Campus.

Each of the six selected finalists is allowed two attendants, including one presenter, who will pitch on stage, 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 Spring Pitch Prize will be announced around 19.30hrs CET.


The criteria for entering the competition

Startups

  • 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, Belgium or Germany

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 prize-winning criteria

The jury will consider:

  • 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

Good luck!

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