1. Startup
Accelerator

2. iDealMachine
 Startup Accelerator in St. Petersburg
 Organized by RSV Venture Partners and ITMO
 Invests in and grows very early stage ideas

3. iDealMachine
 Startup Accelerator in St. Petersburg

4.  Organized by RSV Venture Partners and ITMO
iDealMachine

5.  Invests in and grows very early stage ideas
iDealMachine

6.  Problem I - quality gap - lack of entrepreneurs
 Problem II - equity gap - lack of right sized funding
Problem and Solution
 Result - lack of quality early stage deals
 Solution - startup accelerator iDealMachine

7.  Problem I - quality gap - lack of entrepreneurs
Problem and Solution

8.  Problem II - equity gap - lack of right sized funding
Problem and Solution

9. Russia
139 deals
USA
3886 deals
Year 2011
 Result - lack of quality early stage deals
Problem and Solution

10.  Solution - startup accelerator iDealMachine
Problem and Solution

11.  Careful selection of quality founders
 More than simply mentoring
 Step by step funding
Accelerator Solution

12.  Creation of ecosystem
 Partnership with educational institutions
 Work with founders during selection process
Attraction and Selection

13.  Creation of ecosystem - тусовка
Attraction and Selection

14.  Partnership with educational institutions
Attraction and Selection

15.  Work with founders during selection process
Attraction and Selection

16. More Than Mentoring
 Deep involvement
 Experience and Excitement
 Skin in the game – serious financial incentive

17.  Invest in success to protect the share
 Small amount to validate
initial plan
 Ready to participate
in seed round
(syndicate to network)
Step-by-Step Funding

18.  Two sessions complete
 More than 50% of graduates
got next round of funding
 Third session is in progress
Early Success