ACC1Ó

 

The ACC1Ó Fellowship is awarded to the most extraordinary applicant from the ACC1Ó Community, giving them the opportunity to enroll in the Barcelona Founder Institute for free. The recipient will be recognized as somebody with the utmost potential to become a successful technology entrepreneur.


The Barcelona Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: ACC1Ó, a new start-up that helps companies scale up internationally, be financially viable, and differentiate themselves from their competitors. Through the ACC1Ó Fellowship, everyone from the ACC1Ó community is invited to apply to the Barcelona Founder Institute for free, and the best overall applicant from the community will receive a Fellowship to participate in the program for free as well ($900 value).


Eligibility: In order to be eligible for the ACC1Ó Fellowship for the Barcelona Spring 2016 Semester, you must complete your application and admissions test by January 17, 2015 using this link.


Grant: The recipient of the ACC1Ó Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the ACC1Ó Fellowship.


Imagine

 

The Imagine Creativity Center Fellowship is awarded to the most extraordinary applicant from the Imagine Community, giving them the opportunity to enroll in the Barcelona Founder Institute for free. The recipient will be recognized as somebody with the utmost potential to become a successful technology entrepreneur.


The Barcelona Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: Imagine Creativity Center, an organization that shares our goal of fostering creativity and strong local startup ecosystems across the globe. Through the Imagine Fellowship, everyone from the Imagine community is invited to apply to the Barcelona Founder Institute for free, and the best overall applicant from the community will receive a Fellowship to participate in the program for free as well ($900 value).


Eligibility: In order to be eligible for the Imagine Fellowship for the Barcelona Spring 2016 Semester, you must complete your application and admissions test by January 17, 2015 using this link.


Grant: The recipient of the Imagine Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the Imagine Fellowship.


Wayra

 

The Wayra Fellowship is awarded to the most extraordinary applicant from the Wayra Community, giving them the opportunity to enroll in the Barcelona Founder Institute for free. The recipient will be recognized as somebody with the utmost potential to become a successful technology entrepreneur.


The Barcelona Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: Wayra, a Telefónica Digital's global startup accelerator. Through the Wayra Fellowship, everyone from the Wayra community is invited to apply to the Barcelona Founder Institute for free, and the best overall applicant from the community will receive a Fellowship to participate in the program for free as well ($900 value).


Eligibility: In order to be eligible for the Wayra Fellowship for the Barcelona Spring 2016 Semester, you must complete your application and admissions test by January 17, 2015 using this link.


Grant: The recipient of the Wayra Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the Wayra Fellowship.


Top Four Tips on How To Develop a Good Startup Idea, According to Matthew MacFarlane

Posted by Joe Garza on 2014-04-22

Budding founders on the path of entrepreneurship are more likely to create successful startups if they keep a few key ideas in mind, according to Matthew MacFarlane, investment director of Yuuwa Venture Capital.

Matthew MacFarlane will speak at the forthcoming Perth Founder Institute event, Startup Funding 101: How to Work With an Investor.

Below are MacFarlane’s four tips on how entrepreneurs can develop good startup ideas, as described by Rose Powell in an article on StartupSmart titled Top four tips from a venture capitalist on how to develop a good start-up idea.

Commercialization and customer understanding before product

A prevalent quandary startups struggle with is conceiving a viable business model around a preexisting product. MacFarlane says that founders should not build anything before establishing how it will make money.

The biggest challenge for many startups ideas is people are more focused on the product than the commercial potential. They’re excited about how cool the technology is but haven’t worked out how it’s actually ever going to make money.” - Matthew MacFarlane

Make sure your potential customers actually care and maybe even cry

Founders should go a step beyond merely asking what their potential customers want, and determine if customers would cry if a product or service was taken away. A definitive demand for a product or service needs to be ascertained prior to effectuating a business model.

You need to know how badly do customers need what you’re offering so you can work out what would they pay for it. The more likely they’ll cry, the more they’ll pay. You need to aim to create something where if you told them your service was shutting down, there should be an outcry.”

Go to a Startup Weekend if you’ve never developed an idea into a product before

Startup Weekends are propitious for growing startup ecosystems, and product developers have found them immensely helpful.

One of the absolutely best ways of learning how to start-up is go to a Startup Weekend. Because in two days of your life, you realise exactly what steps a startup needs to go through to take an idea to execution.”

Don’t avoid the emotional stuff

Co-founders who don’t resolve personal issues and clearly delineate the division of responsibilities run the risk of encountering obstacles in the future. Getting tough conversations about roles and equity out of the way prior to any startup endeavor is crucial.

The other challenge that is relevant for all entrepreneurs is the issue of co-founders and sorting that out early. People tend to ignore this because it’s emotive and touchy feely, but when you do, it almost always causes problems.”

(Young businessman thinking in front of a wall with cloud thought above his head photo by shutterstock)

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