SpinLab - The HHL Accelerator 8th Class

Premier Startup Accelerator Program for Startups in Germany and Beyond

Connect by Nov 27 '18

Leipzig, Germany

SpinLab – The HHL Accelerator supports innovative founding projects with the implementation and growth of their ventures. In addition to intensive coaching, the founding teams will also benefit from aSpinLab – The HHL Accelerator supports innovative founding projects with the implementation and growth of their ventures. In addition to intensive coaching, the founding teams will also benefit from a high-caliber mentoring program as well as numerous contacts to investors, established companies and other founders. They can use a co-working office with state-of-the art equipment on the premises of Spinnerei, an old cotton mill now serving as a center for creativity, and will gain access to various technologies offered by partners. Even after completing the program, the startup teams are supported in their recruiting efforts, they can plan their expansion through an international exchange program and they get the opportunity to rent office space next to SpinLab. The founders will be able to use all offers free of charge when they are accepted for the six-month program.

The accelerator is funded through contributions from investors and established companies such as Deutsche Postbank, Porsche, Sächsisches Staatsministerium für Soziales & Verbraucherschutz, CMS Hasche Sigle, Dell, Deutsche Bank, Doberman Ventures, DZ Bank, ergo Versicherungen, Grazia Equity, Heinz Dürr Invest, High-Tech Gründerfonds, KPMG, Madsack Mediengruppe, Mittelständische Beteiligungsgesellschaft Sachsen, Quarton International, City of Leipzig, taskforce – Management on Demand and Technologiegründerfonds Sachsen.

We are looking for passionate, innovative, technology-oriented and scalable teams with an open mindset and the required motivation and capabilities to realize their dreams.

3 reasons why you should apply:
* We provide high-class service with a proven track record (check our website) free of charge (no strings attached)
* We are independent and don't take an equity share. This allows us to access a huge network or corporates and VCs and it aligns our interest to yours: simply create the best startups possible
* We are privately funded which allows lean processes and small bureaucracy more

Funds up to ^€15K per team

Takes 0% equity

Funds 12 startups per year

Saving

You can apply either in English or German. First you should upload your current and up-to-date pitch deck of 10-15 slides (and optionally a video). Your pitch should include all typical information (What is the problem? What is your solution (product or service)? Who are customers? What is the size of the market? Who are competitors? How do you make money? Who are you (team)? Action plan. Financial planning). File 1 (Max file size 30MB.)
File 2 (Max file size 30MB.)
File 3 (Max file size 30MB.)
Describe your idea in two to three sentences!
What are your USPs and how do you protect your idea against copying?
How many prospective customers do you have?
How many paying customers do you have?
How could established energy , municipal, health or insurance companies (or similar institutions) use your product/Service (e.g. in pilot applications)? What value could you deliver to them?
Who is developing your technology? Do you own or use any patent other other intellectual property?
How long have you all been working together? What's the team history?
How big is your team (founders, employees, interns etc.)?
Are any of you HHL Alumni or current students? Mark Yes only if one or more of the founders is a current HHL student or alumni. Advisory board, investors, partners, etc. do not count for this question.
How many of them shall work in our SpinLab during the 6 month program? We normally require at least one founder per startup to be present in the SpinLab at least 3 days a week to fully benefit from the program.
Is relocating your headquarters an option?
How are you currently financed? Do you need external funding? If yes, how much money do you need?
How does your shareholder structure look like? (e.g. founder 1 25%, founder 2 25%, founder 3 10%, business angel 10%, venture capitalist 10%, strategic Investor 20%)
Please add some information what we can do for you. What are your goals within 3 months and within 6 months? What are your expectations about our program?
Where will you be in 2 to 3 years?
Is there anything else you want to tell us?
How have you heard about us?
Please enter your email address
What is your best telephone contact number?
Would you like to receive email updates from us or our affiliated networks in Germany? If yes, please select the ones of interest below. By selecting any or all of these options, you're granting the SpinLab and listed entities (SpinLab, Smart Infrastructure Hub, and Startup Mitteldeutschland) explicit permission to send you emails relevant to the areas above you have selected.

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