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Build a startup in one weekend
Best startup takes home attractive prizes
Top 80% of team gets invited to Young Founders Summit Asia 2019
Young Founders Summit is the world's first startup competition and accelerator program exclusively for teenage founders, originating from Los Angeles. To date, teenage founders from the program have raised $1.5 million in funding
12:00 - 12:30: Ice breaker and getting to know your future Young Founders community
12:30 - 13:30: Understanding your strengths and purpose with Stanford d.School's Project Wayfinder
13:30 - 14:00: Introduction to innovation and entrepreneurship
14:00 - 15:30: Brainstorming and ideation sprint; Learn how to evaluate the ideas using the RWW Framework). Is the market real? Is it feasible?
15:30 - 16:00: Break
16:00 - 17:00: 60 second rapid fire pitches. Participants who want to pitch their ideas and recruit teammates can do so. Teams start to be formed
17:00 - 18:00: Refine your solution, identify your target market, put together your unique value proposition
(Formal teaching ends at 18:00, but teams can work on the tasks until whenever you decide to stop!)
09:00 - 10:00: Market sizing and customer discovery - Who really is your target market? Who's your beach head? How can you find out if they want your solution?
10:00 - 11:00: Competitive analysis and barriers to entry
11:00 - 12:00: Introduction to Lean Canvas: Revenue model. What is a sustainable business model? How do you estimate the amount of capital needed? Where can you raise money?
12:00 - 13:00: Go-to-market strategy. How do you get your first 100 users?
13:00 - 14:00: Lunch
14:00 - 17:00: "Consult a mentor" breakout sessions. Esteemed entrepreneurs and experts have been invited to mentor participants. They will challenge your assumptions, give guidance and help you move along!
17:00 - 18:00: How to prepare a killer pitch presentation and mock prototype
18:00: Pizza party
Task for the day: Prepare your pitch (a typical pitch presentation would be 10 slides covering the problem statement, market size, solution and unique value proposition, revenue model, go-to-market strategy, competition, team) and mock prototype
(Formal teaching ends at 18:00, but teams should work on the tasks until whenever you decide to stop!)
09:00 - 12:30: Pitch preparation, prototyping, tech checks
12:30 - 17:00: Pitch presentations to judges
17:00 - 17:30 : Announcement of Semi-Finalists and closing ceremony
This year's Young Founders Summit Asia 2019 is brought to you by:
If your team is one of the top 80% chosen as a Semi-Finalist, you will be invited to pitch in Beijing in November 2019!
The Champion wins USD 10,000 equity-free cash and at least 4 hours live online mentorship (video conference) from Founders Bootcamp, a venture capital firm from the U.S.