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Purdue Mini-Accelerator Competition

Have an idea you think could be a startup?

Application Deadline - 2/14/14


THE PROGRAM


"Entrepreneurship is jumping off a cliff and assembling a plane on the way down."

- Reid Hoffman




Getting In

1) Apply

Send in a 1-pager describing your idea.

2) Pitch

10 teams are chosen to pitch in person.

3) Gear Up

The best 5 teams get seed funding and entry.

Seed Funding

Workshops

Phase 1 - LaunchBox

  • Napkin Drawing | effectively communicate the idea
  • Problem Statement | ID the true problem
  • Category Map | Learn about current market landscape
  • Market Fishbone | ID possible market opportunities
  • Segment Strawman | learn about target customers
  • Market Attack Plan | market segment strategy
  • Financial Model | explore potential financial models
  • Competitive Landscape | ID competitors & differentiator
  • The Team | ID team members strengths and weaknesses
  • Final Pitch | give 'investor' style pitch

Phase 2 - Deep Dive

  • Custom Objectives
  • Each team gets a unique set of objectives based on their idea - to take their business to the next level.
  • Custom Workshops
  • Custom workshops are added to the agenda as we learn more about our final teams and their unique needs.
  • Mentorship - Taken Up a Notch
  • Mentors from around the U.S. join The Foundry Team and take a deeper dive with the final teams.
  • Prep for Demo Day!
  • Finally, we get our teams ready to pitch for a room full of investors and entrepreneurial leaders.

Mentorship

Hands-On, No Bull

Throughout the 8-week program founders and teams will not only have access to the mentors and staff at The Foundry, but mentors and entrepreneurial leaders from all across the country.

These mentors have been hand-picked for their unique expertise, bias for action and overall desire to share their insights with aspiring entrepreneurs.



"The mind is not a vessel to be filled, but a fire to be kindled."

- Plutarch

Demo Day

April 18th, 2014

To showcase the success of our founders and teams, our final 3 not only get a chance to pitch to a room full of investors and members of the startup community, but also to a panel of judges for prize money.

All Seed/Prize Money awarded throughout the competition is on a NO EQUITY basis. Terms between startups and further investors are to be determined by the respective parties.

1st $5,000

2nd $3,000

3rd $1,500

Want to attend?

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By Feb. 14th, 2014

Questions?

Email - Contact@TheAnvil.Us

"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do."

- Mark Twain