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Our guest today:

Markus Bohl is the managing director of Intel Ignite Europe since 2022

Serial entrepreneur, he has gathered 20 years of experience as entrepreneur himself.

He is also an investor in early stage startups.

Summary

Marcus Bohl from Intel Ignite Europe discusses the startup selection process and the support provided by the program. Ignite is a non-dilutive acceleration program for early-stage deep tech startups. They select companies based on technology, team, and eight verticals. The selection process is rigorous, with two cohorts per year and 300-320 companies per cohort. The top 18 companies are invited to a selection day, where they are assessed by a panel of experts. Ignite helps startups find product-market fit, connect with customers, build teams, and raise funding. They emphasize the importance of coachability and the ability to hire better than oneself. Intel Ignite is an accelerator program that supports deep tech startups. The program focuses on helping startups develop their technology, build their business, and connect with investors and customers. The program lasts for three months and provides mentorship, resources, and access to Intel's network. The role of the CTO is crucial in each branch of Intel Ignite, providing technical expertise and guidance to the startups. The program also emphasizes the importance of effective communication and messaging for deep tech founders. Intel Ignite aims to create value by facilitating collaborations between startups and Intel, as well as other ecosystem players.

Keywords

#IntelIgnite, #startupselection, #accelerationprogram, #deeptechstartups, #technology, #team, #verticals, #selectionprocess, #productmarketfit, #customerconnection, #teambuilding, #fundraising, #coachability, #Intel; #acceleratorprogram, #deeptech, #technologydevelopment, #businessbuilding, #investor, #customer, #CTO, #effectivecommunication, #valuecreation, #collaborations

Takeaways

• Intel Ignite is a non-dilutive acceleration program for early-stage deep tech startups.
• Startups are selected based on their technology, team, and fit within eight verticals.
• Ignite helps startups find product-market fit, connect with customers, build teams, and raise funding.
• Coachability and the ability to hire better than oneself are important traits for founders. Intel Ignite is an accelerator program that supports deep tech startups in developing their technology and building their business.
• The role of the CTO is crucial in each branch of Intel Ignite, providing technical expertise and guidance to the startups.
• Effective communication and messaging are important for deep tech founders to convey the value of their technology.
• Intel Ignite aims to create value by facilitating collaborations between startups and Intel, as well as other ecosystem players.

Apply for Intel Ignite if you are in one of those domains:

AI/ML & Computer Vision Autonomous & Robotics Hardware & Manufacturing Software Dev Tools & DevOps Security & Privacy Data, Cloud & Edge Next Gen Compute Web3 Infrastructure

https://intelignite.com/

https://intelignite.com/apply/

Thanks for watching this episode and see you soon !

Are you a deeptech or climate startup? Do you want to appear on Reactor special edition called 'Biz Decoder' in front of investors and customers? https://tally.so/r/wzYVGk

Find the newsletter here: https://reactortech.substack.com/

Follow me on Linkedin / jeromegilleron

Guest Presentation

August is a consultant at Deloitte during the day. Working on strategy projects within sustainability, insurance, and consumer products.

At night, he is the author of Impact Supports newsletter about impact VC.
https://impactvc.substack.com/

Summary

August Solliv, founder of an impact-focused newsletter, discusses his journey and the evolution of his content. He shares his motivation for starting the newsletter and the shift towards interviewing impact investors. The conversation explores the value of interviews in gaining specialized knowledge and understanding the perspectives of different investors. They also discuss the importance of understanding the focus and scope of different VC funds when fundraising for impact startups. The conversation touches on the benefits of newsletters and the potential for other formats like podcasts and videos. They also discuss the opportunities and benefits that come from engaging in side projects and personal branding. The conversation concludes with a discussion on the impact investment ecosystem, including the potential for a bubble and the hottest topics in impact investing. The conversation explores the differences between impact investing in Europe and the US, the challenges of achieving profitability in impact startups, and tips for raising funds. It emphasizes the importance of team alignment, finding the right investors, and considering alternative funding options. The conversation also highlights the need for collective action and small steps to create impact as individuals.

Keywords

August Solliv, impact investing, newsletter, interviews, VC funds, fundraising, podcasts, videos, side projects, personal branding, impact investment ecosystem, bubble, hottest topics, impact investing, Europe, US, profitability, raising funds, team alignment, alternative funding, collective action

Takeaways

• Interviews with impact investors provide specialized knowledge and insights into the impact investment space.
• Understanding the focus and scope of different VC funds is crucial for impact startups when fundraising.
• Newsletters offer a valuable platform for sharing knowledge and engaging with a specific audience.
• Engaging in side projects and personal branding can lead to new opportunities and professional growth.
• The impact investment ecosystem is evolving, with potential for a bubble and a focus on hardware and growth stage funding. Impact investing in Europe and the US differs in terms of deal size and maturity of startups.
• Achieving profitability in impact startups requires a balance between growth and increasing profits.
• When raising funds, it's important to find investors that align with your values and fit your startup's profile.
• Cons

Thanks for watching this episode and see you soon !

Are you a deeptech or climate startup?
Do you want to shine in front of INVESTORS and CUStOMERS on Reactor newsletter?
https://tally.so/r/wzYVGk

Find the newsletter here: https://reactortech.substack.com/
and the podcast here https://open.spotify.com/show/25DtGEXLS3vJFKYhiky3Pl

Follow me on Linkedin / https://www.linkedin.com/in/jeromegilleron/


Summary

In this episode, Jerome reflects on his failed startup project, Space Eternity, and shares the five key mistakes he made that led to its failure. He advises listeners on how to avoid these mistakes and turn them around for success.

Keywords
#startup, #failure, #mistakes, #success, #product, #customers, #hiring, #communication, #sales, #marketing, #patience

Takeaways
Don't fall in love with your product, fall in love with solving your customers' problems
Verify the ambitions and skills of your co-founders and employees, don't hire friends just because it seems cool
Talk about your project and seek feedback, even negative comments can provide valuable insights
Sales and marketing are essential, learn about them and embrace their importance
Be patient and play the long-term game, success takes time


Sound Bites
"Don't fall in love with your product, fall in love with solving your customers' problems"
"Verify the ambitions and skills of your co-founders and employees, don't hire friends just because it seems cool"
"Talk about your project and seek feedback, even negative comments can provide valuable insights"

Chapters
00:00
Introduction and Background of Space Eternity
02:55
Mistake #1: Falling in Love with Your Product
06:12
Mistake #2: Hiring Friends
08:07
Mistake #3: Avoiding Communication
10:05
Mistake #4: Neglecting Sales and Marketing
13:01
Lessons Learned and Future Opportunities