MAS Innovation Newsletter June 2014 | Page 10

CEPT SEEDCAMP Company: Seedcamp is one of the largest seed investors in Europe with one of the a sizeable mentoring network in the region. Goal: To Jumpstart the Entrepreneurial community in Europe by connecting next generation developers and entrepreneurs, product experts, HR and PR specialists, marketers, lawyers, recruiters, journalists and venture capitalists. Fun Fact: Partnerships with more than 500+ companies Y COMBINATOR Supported by: Sequoia Capital and numerous angel investors Who Participates: Startups with the right people. Y combinatory looks for brains, motivation and a sense of design. What is it? • An American seed accelerator, founded in 2005. • The program provides seed money, advice and connections at two three-month cycles per year. • Culminates in a Demo Day, where startups pitch business plans to a group of investors • In exchange, the program pays an average of $17k + $80k convertible note for roughly a 6% equity stake in selected companies • Has supported over 500 startups, most notably reddit, Airbnb and DropBox Property of MAS Innovation INCUBA AND S ACCELER FOR SUCC STAR