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Partner Incubator: Startup42

About Startup42 :

Startup42 is a non-profit accelerator designed by EPITA to offer hacker teams with a good idea the skills and opportunities they need to become startup founders.

Twice a year, 7 new startups are accelerated by SU42 during a 4-month program. These startups are selected for their skills, their cohesion, their mindset, their vision of the market, their fit with the market and, eventually, their startup idea. To be able to apply to Startup42, there needs to be at least one founder in charge of coding the first version of the product.

During the acceleration the startups find some help to: go from a good idea to a minimum viable product, validate their initial market hypothesis, and present their product to the world. These goals are achieved through the following services: serendipity mentorship from entrepreneurs; workshops with experts from specific industry fields; sessions with investors and corporates; a community working space within the EPITA campus; and 500k€ in perks from our partners.

For more information:

www.startup42.org

Ecosystem: Paris
More information about Paris
Creation:  2013

Startups incubated:  51

Currently incubated:  8

Maturity stage:
#Concept 
#Proof of concept

Expertise:
#Software
#Mobile/Web

Services included with the incubation

Coaching

  • A 30mn individual office hour with the member in charge of their progress at Startu42+ an external mentor as often as possible.
  • A 1h30 group weekly review with all the other participants to share learnings and progress.  This fosters peer learning and peer pressure.
  • On average three 1h30 group mentor-sessions where an industry expert or a successful entrepreneur teaches them and challenges them in small groups

Business services

  • At the beginning of the program each startup goes through the 2-weeks kickoff to learn basic knowledge on:
    • The startup ecosystem
    • The startup mindset
    • The lean startup methodology, design, analytics, human interaction, pitching, growth hacking, and startup processes
    • The web entrepreneur toolbox.
  • We typically bring over 40 mentors over the course of 4 months and that have individual interactions with the startups.
  • Open space with desks and chairs you can use 24/7/365. Access to 5 meeting rooms, a printer and WIFI.
  • At the end of the program Startup42 organises a Demo Day for each startup
  • €500 000 worth of perks negotiated with our partners (including Amazon, Google, Mailjet and many more). The team is constantly here to provide support. We often have free sits or discounts with startup events happening during the year.
  • One day of free service for each startup with 3ie a web and mobile development