The document summarizes the stages and process for startups applying to the LaunchPad accelerator program at NDRC. It outlines the typical stages a startup goes through including problem/solution fit, product/market fit, and scaling. It then details the application process for LaunchPad, which involves an online application due by November 11th, followed by invitations to pitch and pitches occurring from November 21st-30th. The selection criteria look for pre-seed startups in digital/technology with international growth potential. The pitch session involves a 10-minute pitch and Q&A to the selection panel addressing the problem, solution, opportunity, competitive advantages, business model, team, and risks. Offers will be issued by December

1. LaunchPad
15

5. Stages of a
Start-up
PROBLEM/
SOLUTION
FIT
PRODUCT/
MARKET
FIT
SCALE

6. Stages of a
Start-up
PROBLEM/
SOLUTION
FIT
PRODUCT/
MARKET
FIT
SCALE
Do I have a problem worth solving?

7. Stages of a
Start-up
PRODUCT/
MARKET
FIT
SCALE
Have I built something that people want?
PROBLEM/
SOLUTION
FIT

8. Stages of a
Start-up
PROBLEM/
SOLUTION
FIT
PRODUCT/
MARKET
FIT
SCALE
How do I accelerate growth?

12. Workshops
Technology

13. Inve stm e nt
Re adine ss Le ve l
Identify and Validate Metrics that matter
Validate Value Delivery
Prototype High-Fidelity Min. Viable Product
Validate Revenue Model
Validate Product/Market Fit
Prototype Low- Fidelity Min. Viable Product
Problem/Solution Validation
Market Size/Competitive Analysis
Complete First-Pass Business Model Canvas
IRL 9
IRL 8
IRL 7
IRL 6
IRL 5
IRL 4
IRL 3
IRL 2
IRL 1

25. No.2 University
Business
Accelerator in the
World 2015
No.1 University
Business
Accelerator in the
Europe 2015
But is NDRC really
as goodas they
say?

26. LaunchPad XV
Pitch Tips#bestplacetostart

27. Timeline
November 8 Open Night
November 11 Application Deadline
November 16 Invitations to pitch issued
November 21 - 30 Investment pitches take place
December 5 Offers issued
January 16 Programme starts

28. Application Process
• Online formvia http://www.ndrc.ie/launchpad/
• Closing date is Friday November11 midnight
• Don’t wait until the deadline!!

29. Selection Process

30. Selection Criteria To Pitch
• NDRC Fit: Pre-seed digital ventures that have the potential to
scale internationally and be investor ready within 3 to 12 months
• LaunchPad Fit: Business model innovation. Catering for high
product-market fit risk and high business model risk and typically
minimal technology risk
• In Summary:
– Pre-seed stage
– Technology proposition with novel business model
– Internationally scalable business opportunity
– Runway needed to be investor ready
– Team – ability to execute, drive & ambition

31. The Pitch Session
• The Pitch
– 10 minute pitch followed by 10 minute Q&A
• The Selection Panel
– Head of Venture Investment NDRC
– A NDRC Venture Investment Leader
– A member of NDRC’s Investment Strategy Committee

32. The Pitch
• Tell us your story…
• 20 minutes total (10 Pitch/10 Q+A)
• One idea per slide
• Be creative
• Content + timings
• Practice, practice, practice

33. The Pitch
What we are looking for.

34. The Pitch
#1 The Grab
#2 The Problem
#3 The Solution
#4 The Opportunity
#5 The Competitive Advantage
#6 The Model
#7 The Team
#8 The Reality Check

35. #1 The Grab
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
Is the idea compelling? What are your BHAGS?

36. #2 The Problem
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
What is the big, important problem that you
are going to solve?

37. #3 The Solution
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
What are you offering and to whom?

38. #4 The Opportunity
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
What is the basic market segmentation,
size, growth and dynamics?

39. #5 The Competitive Advantage
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
Competitors - everyone has them, who are yours?
How are you different?

40. #6 The Model
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
How are you going to make money?
How will you reach your customers?

41. #7 The Team
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
Who is the team?
Te llus abo ut the ir skills and e xpe rie nce
How is your team uniquely qualified to win?
What expertise is missing?

42. #8 The Reality Check
#1 Grab #2 Problem #3 Solution #4 Opportunity #5 Competitive Advantage #6 Model #7 Team #8 Reality Check
• What are the milestones for the next 6,
12 months
• What risks do you face?

43. Timeline
November 8 Open Night
November 11 Application Deadline
November 16 Invitations to pitch issued
November 21 - 30 Investment pitches take place
December 5 Offers issued
January 16 Programme starts

44. Closing Date: 11.11.16 -
Midnight

45. Question + Answers