LaunchSphere 2023

Presented by Open Solutions and Creatella

Launch your business into orbit!

Application deadline: 21 May 2023

Apply

LauchSphere 2023 is a Pre-Acceleration Programme for pre-product startups. Entirely free (no payment, no equity), the programme will be fully remote and will offer tools, resources and opportunities to entrepreneurs and help them turn their ideas into businesses to advance in the startup ecosystem.

Are you a disruptive entrepreneur, with a mission to drive change?

Don’t miss the chance to apply!

Apply

Eligibility criteria

Idea stage startup

Your startup needs to be in the idea or minimum viable product (MVP) phase, indicating that you do not yet have a product or only have a basic MVP that may be a no-code solution or a small MVP in need of reconstruction, and have secured a minimum of 50k GBP in funding.

Tech driven

Your startup needs to bring new or innovative technological products/services to the market.

European market

Your startup product/services must focus on the Western or Northern European market.

Non-political affiliation

The Founders or Board Directors of your startup should not be affiliated with any political party or hold a position in government entities.

Programme overview

Pre-Acceleration

  • 100% online
  • 20 startups selected
  • 2 weeks
  • Lectures
  • Hands-on workshops
  • Mentoring

Demo Day

  • 100% online
  • 10 startups
  • Pitch to investors
  • Networking

Pre-Acceleration programme

Deck Design and Storytelling

Go above and beyong at your presentation, step-by-step, for creating unforgettable stories to use throughout your pitch

Sustainability

Explore the balance between meeting current development needs and ensuring a sustainable use of the earth’s resources

Scale Up

Get access to tailor-made individual sessions to explore in depth your company’s strategy

Business Model Validation

Discover advanced concepts of value proposition and customer discovery. Learn to identify assumptions and perform experiments

Go-To-Market Strategy

Learn how to deliver your unique value proposition to customers, focusing on marketing and communication skills

Investment Readiness

Gain a well-rounded understanding of the investment, fundraising and financial management process

Why Apply

Intensive pre-acceleration

The top 20 startups of the competition will be invited to a 2-weeks  pre-acceleration program

Access to investors

The top 20 startups of the competition will enhance their visibility and outreach by showcasing their business and networking with world class investors

High quality mentorship

Shortlisted applicants will go through up to 3 mentorship sessions with leading entrepreneurs and industry experts

Prizes for winners

The top 20 startups of the competition will get the chance to win prizes and enjoy benefits offered by our partners

Pitch training

Perfect your pitching skills by showcasing your ideas to seasoned judges and get valuable feedback from mentors

Hassle and cost free

An efficient process, 100% online. No transportation cost, no complex platform to use nor time consuming activities

 Apply

Prizes and Perks

$20,000 subsidy in Dev
Subsidy of 50% of tech venture building cost, up to 20,000 USD, for up to 3 startups
By
$10,000 in Freshworks credits
Get $10,000 in credits and create customers-for-life using the right tools, mentorship and resources
By
Entry to Techstars
Entry interview to Techstars Startup Accelerator (global)
By
$82,000 savings with HubSpot
Up to $82,000 savings in the first 12 months, up to 90% off for qualifying startups.
By
$50,000 in Segment credits
Up to $50,000 in credits over 200 marketing, analytics, and data warehousing tools
By
Design workshop by Styliff Tech
2 hours of Strategic UX Design mentoring by senior app creators and entrepreneurs
By
Fee-free processing with Stripe
Get fee-free processing with Stripe.
By
Timeline

Application deadline

Submit your pitch and application online

21 May 2023, 23:59 CEST

Selection

Top 20 teams are selected for Pre-acceleration

1 June 2023

Pre-acceleration

Top 20 teams begin the 2-weeks
pre-acceleration program

5 June - 22 June 2023

Demo Day

20 pre-accelerated startups pitch at our online Demo Day

23 June 2023

Finish

Presented by

Open Solutions London is a team of dedicated consultants and venture specialists who help technology companies scale. We offer venture growth strategy services including 360-degree business analysis, benchmarking, competitor analysis, SWOT analysis, and more. Our global ecosystem of companies, investors, and key industry players ensures successful product launch and growth in the marketplace.

We have a keen interest in projects that involve blockchain, artificial intelligence, augmented reality, MedTech, Biotechnology, Fintech, and other areas where technology can have a positive impact on society. Our philosophy is centered on knowledge sharing, collaboration, and giving back to our community. Our services are tailored to technology startups, scale-up companies, and international companies looking to expand.

Website: https://www.opensolutions-london.co.uk

Our Partners

Presented by

 

   

In partnership with

 

       

Frequently Asked Question

What are rules of participation?

In brief, your startup must be an early-stage technology startup (prototype stage to Series A) with less than US$ 1,000,000 in yearly revenues. Your focal market must be Indonesia with a focus on EdTech, HealthTech, AgriTech, GovTech or SmartCities.

Please refer to the Rules of Participation for the exhaustive list of eligibility criteria.

Do I have to be incorporated to apply?

No, but you should have clear development project and goals. In the case that a non-­incorporated project wins the competition, the funds will be transferred or prizes will be given once the company is incorporated.

What are the evaluation criteria?

The team, problem identification and value proposition, innovation, timing, market opportunity, execution plan and go-to-market strategy, business model viability, investability and pitch quality.

What language will the programme be conducted in?

The application, the online pitch and talkings with advisors and investors will be held in English.

How much time will I have to spend on the programme?

It will take about 15 to 30 minutes to apply. If you are among the 20 selected to join the pre-acceleration program, the pre-acceleration will last for 2 weeks, x hours per day. 

What are the rules for the pitching?

If you are selected into the pre-acceleration program, you will also join the demo day, during which you will have 5 minutes to pitch in front of investors.

How many winners will be chosen?

Twenty startups will be selected as top 20 and will then move to the pre-acceleration program. After pre-acceleration, all 20 teams will be selected to pitch at the Demo Day.

Who will be evaluating my application?

Our team will be going through each application and select the best 20 to participate in the pre-acceleration. Considerations will include completeness of application, fit within category, team, market, product.

Is there an application fee?

No, applying to the programme is completely free.

Are there any costs associated with the competition?

No, neither money nor equity are requested for the participation.

Who can participate in all the rounds?

Only the startup founders/co-founders can participate in the programme. We suggest that the same people participate in each plenary session/ workshop/ panel.

What is the pre-acceleration program and who will get access to it?

The top 20 startups will be invited to the pre-acceleration round. It is a 2 weeks workshop led by industry experts/facilitators specially designed to support and provide opportunities for the pre-product founders to grow their team and product.

Will Covid-19 related restrictions affect my participation?

Not at all! All sessions are online.
Launch your business into orbit with LaunchSphere
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© Creatella 2023. All rights reserved.

© Creatella 2023. All rights reserved.