MVP Academy 2016

www.mvpacademy.co

Follow-up Report

MVP Academy is a program for founding teams with a good

professional track record, that are targeting a global opportunity.
In nine weeks, they improve product value and business pitch, get early
traction and connections to a selected network of tech stakeholders.

Track record (2014 - 2016)

45 accelerated startups
EUR 1.7M raised by alumni
18 products on the global market
12 startups generating revenue

The 2016 Edition

Geographically diverse
Batch coming from 7 cities: Arad, Bucharest, Chisinau, Cluj-Napoca, Craiova, Oradea, Sibiu

Operating in trending industries

AI, Security, Energy, Health, Mobility, Agritech

Directed to all types of users

Equal proportion between B2B and B2C startups, several of them moving to a
consumer / business-oriented model during the program

The 2016 Edition

Rising interest in hardware

More than a third of the batch worked on physical products
(100% increase since 2015 edition)
Growing startup teams
Average team size going into the program: 5 people

The 2016 Edition

Current status of the startups
10

To date, the 2016 MVP Academy

alumni have received more than
EUR 760k (investment, prizes,
grants)

Closed beta /
Development

Launched

New products

Featured Alumni
(http://reex.help)

Raised seed round, won additional grants and prizes

Fully functional product is 75% ready
Starting clinical trials in February 2017

(http://hiwoogie.com)
Accepted in SBC IoT & Connected Devices (London)
Demo-ed the prototype at TechCrunch Disrupt (London)
Currently in closed-beta, waiting list of 250 customers in US & UK

Featured Alumni
(http://silometer.com)
EUR 106k upfront payments received or in progress
EUR 21k total annual subscription fee for cloud services
In pre-selection process for Pearse Lyons Accelerator (Dublin)
Stable, ready-to-produce version

(http://typingdna.com)

Raised seed round from Gecad Ventures & several angels

Typing API available, working on downloadable software

Featured Alumni
(http://urbyapp.com)

Available in 23 cities in 5 countries, more than 4,500 active users per month
Validated B2B approach, 20 paying customers
Raised seed round, currently looking for next round

(http://scooterson.com)
Accepted in HAX Boost acceleration program (San Francisco)
Generated EUR 380k in pre-sales
Currently raising seed round

What to expect in 2017?

Extended program
9 weeks (instead of 7 weeks in 2016), running from 6 March to 8 May
Dedicated core team with multilateral experience
in entrepreneurship, product management, legal and industry in-depth research
60+ mentors, 10+ custom workshops, 90+ hours of pitch practice
plus weekly deep-dive sessions, meetings with industry experts and investors,
recruitment support
Become an MVP Academy Alumni
keep in touch with your peers, nd out rst-hand about new opportunities

If you
are an early-stage tech startup
have (at least) a working prototype of your product
have a committed team with history of working together and/or good track record
are a dedicated founder with recognised experience in the eld

Apply until 19 February 2017 (11.59 PM) on the programs website:

www.mvpacademy.co

For additional questions or inquiries about the program, contact Bogdan Iordache
(bogdan.iordache@howtoweb.co) or Mircea Vdan (mircea.vadan@howtoweb.co).
Note: This material is purely informational in its character and does not bind in any
way TechHub Bucharest or its collaborators.