Meydan is a new age accelerator focused on reducing the time from idea to revenue (I2R). We offer more than money. The value we create is 80% from wisdom and knowhow, and 20% from

money. Our obsession is to create value@speed using packaged knowledge , proven tools, smart and hard work , and above all passion to make a difference.

As a pioneer you will go through a rigorous selection process including interviews and a full week of 12 hours/day to select only the best.

We will seed your idea with up to $10,000 to cover costs up to Angel Week.

Develop your startup business model & blue print. Shape a high level financial model and detail your next 9 weeks action plan.

Build your offering at speed with 9 weeks of smart hard work. You have 9 weeks to be ready with enough progress to convince the angel to invest.

Pitch your startup during Angel Week to potential angels and conduct one on one discussion with interested angels. The aim is to get the right funding and demonstrate that value can be created.

Graduate from Meydan and relocate business outside premises.

1. 2. 3. 4. 5. 6. 7.

Grow the business from the core and from adjacency and get more funding at the right time if needed.

Pioneers go through in batches 2- 3 times per year based on capacity.

1.

Ideas need to be expressed clearly , we have no time for jargon !!

No formal business plan is required.

We value ideas that address a clear problem or a need.

We value ideas that standout and different.

A clear explanation on how will you make money.

2.

Demonstrate passion to their idea.

24 by 7 commitment to this idea.

Can and will put the effort needed to make it happen.

Demonstrated resilience to withstand the startup challenges ahead of them.

3. 4.

There is no fee for entering this program.

Meydan will invest seed capital to a limit of US$10,000 per idea for a 15% equity in the business.

We will take also an additional 15% for all other services provided.

5.

Packaged knowledge based on years of experience.

Proven tools .

Mentorship.

Subject matter experts.

Embedded learning .

Legal services.

Finance & administration.

Inspiring productive work environment.

Day 1 Day 2 Day 3 Day 4 Day 5 Day 6

Become familiar with the 9 building blocks of business models.

Work with your co-founders to develop a quick business model for your startup.

Expect to work late into the early morning hours to be ready to present your business model on Day 2.

Pioneers will present their business model.

Be ready for a rough & tough round of questioning.

Based on the feedback you will work again into late night to fine tune your business model.

In groups, Pioneers must build structure using Lego blocks.

Be ready to showcase and brief the group on your structure.

Outdoor activities to take pioneers to their limits!!!

Are you ready?

Become familiar with Video production techniques.

Produce a 10 minute short movie telling the story of your idea in the market .

Attend a gala dinner and compete for the Meydan Oscars.

Meydan Management will select the best pioneers based on their performance during the week.

Only selected Pioneers will move into Shape Week.

1. 2. 3. 4.Define your startup business Model using a Meydan specially designed workbook.

Identify critical elements from the business model, define and detail each one in depth.

Estimate revenue streams.

Estimate associated direct and indirect costs.

Estimate cash flows.

Define seed capital needed.

Develop a 9 week plan(weeks 2-10) to build the offering and be ready to present during Angel Week.

Compress time from idea to revenue (I2R).

Leverage packaged knowledge and tools to reduce effort and increase productivity.

Divide work into strict weekly milestones adopting a zero or 100 % complete principle and nothing in between.

1.

Startups have three generic master capabilities:

2. 3. 4.

Develop a compelling pitch and rehearse for Angel Week.

5.

Each core capability is divided into work packages to be executed in a week.

Build your startup capabilities using these work packages leveraging our knowledge /tools to ensure we are ready for your pitch during Angel Week.

Each work package will be assigned a credit value as you complete each work package an equivalent credit value will be earned. We will measure progress of planned credit against actual.

Plan & Manage [PM].

Generate Demand [GD].

Fulfill Demand [FD].

Each Master Capability is further divided into core capabilities:

Organization & Governance [PM].

Finance & Administration [PM].

IT [PM].

Offering [GD].

Sales [GD].

Marketing [GD].

Deliver offering [FD].

Customer care [FD].

We will invite Angel investors to participate in our Angel Week.

1. Pioneers will pitch to investors as a group.

2. 3. 4. Meydan will handle all paperwork and legal documents between the investor and the Pioneers.

5.Meydan will assist pioneers in studying offers and advise them on best options to proceed with.

Pioneers will also pitch to investors on one-on-one basis.

Advise on practical growth strategies and action plans.

Assist in identifying, evaluating and forming alliances that strengthen growth potential and capability.

Assist in building a useful network of people and organizations.

Assist in identifying, evaluating and appointing channel partners.

Assist in generating leads.

Assist in identifying potential new offerings from the core and from adjacencies.

1. 2. 3. 4. 5. 6. 7.

Assist in identifying, evaluating and defining entry strategies into new geographic markets.

pioneer@meydanjo.com