Startup Accelerators in Berlin

List and Comparison of Startup Accelerators in Berlin


Berlin is sometimes said to be the next Silicon Valley. Whether this is true or not, it does not have to be shy of its startup scene. Over the last couple of years, not only startups themselves nurtured but also the infrastructure around it. This also holds true for startup accelerators, which have multiplied particularly over the last 5 years. While this is a beneficial and promising development for startups in Berlin, founders now face a strong list of all kinds of accelerator and accelerator-similar programs. This article aims at giving a comprehensive overview of these programs in Berlin.

With this multitude of programs, it was not easy to decide which programs to include, and which not. The following two tables include the more typical accelerator programs with offices in Berlin. In order to have a more complete overview, a few other similar programs are also briefly described at the end of this article.

Startup Accelerators in Berlin

Startup Accelerators in Berlin Page 1

 

Startup Accelerators in Berlin

Startup Accelerators in Berlin Page 2

 

You can also download the two tables as one pdf-file here: Startup Accelerators in Berlin.

While these are the more typical accelerator programs in Berlin, there are also a few other programs. They are not included in the table above because they do not match the expectations for a typical program. The following list gives a short overview of them:

    • EO Accelerator (eo-accelerator.de) is a program run by the Entrepreneurs’ Organization and sponsored by Mercedes Benz Bank. It is located near Wittenau, Berlin and gathers entrepreneurs for seminars four times a year. EO Accelerator neither invests nor takes shares in your startup. Participants pay 1,500 Euro per year and need to be co-/founders or shareholders below 47 years of age in a startup with revenues of 250,000 to 1,000,000 Euro.
    • The German Accelerator (germanaccelerator.com) is a free program that helps ICT-related startups to enter the US market. It also neither invests nor takes shares in your startup. The program is 3-months long and runs 4 times per year. While it is not located in Berlin, it is on this list because it can make a big difference also for startups in Berlin. It furthermore provides office spaces in Silicon Valley, San Francisco and New York for the time of the program plus mentorship, workshops, networking events, and more.
    • Grants4Apps (grants4apps.com) is the new startup accelerator run by Bayer HealthCare, focusing on health tech startups. While it appears to be a typical accelerator program, it is hard to find detailed information. The first batch in 2014 had 5 participants and ran for 100 days.
    • Seedcamp (seedcamp.com)is a typical accelerator and should maybe be in the table above. However, as only the Seedcamp Week, which is required to get into the program, is located in Berlin and the actual program is at the Seedcamp Campus in London, it was not included there. Program participation costs 3% equity, and if one also wants seed investments of 25,000 or 50,000 Euro, Seedcamp will take an additional 2% resp. 7% shares. It includes office space as well as mentoring, workshops, networking events, and the Founder’s Pack with infrastructure services.
    • Startup Institute (startupinstitute.com)is not an accelerator but focuses on entrepreneurial-minded individuals to prepare them in a 8-week program to work in the startup scene. It does not even aim at people that want to start their own business. The program costs 3950 Euro and includes the core program plus one of four possible tracks: Web Design, Web Development, Technical Marketing, or Sales & Account Management. With 9 out of 10 participants successfully landing a job in a local startup within 3 months, it is a “startup employee accelerator.”

The startup accelerator landscape changes as quickly as new startups come and go. While these listed programs make up most—maybe even all—of the existing ones, there might be others out there, or entering the marketplace tomorrow. For this reason, take the tables for what they are: a first summary of current startup accelerator programs out there. Also feel free to let me know about changes and additional information so that I can update it where necessary.

 


Konstantin von BrockeThe Author: Konstantin von Brocke has graduated in business management from University of Wisconsin-Stout with magna cum laude in December 2012 after receiving an Associate in Applied Science degree in marketing from Fox Valley Technical College. He is interested in all things related business with a particular focus on entrepreneurship, marketing, and growth. Connect now via Twitter or Google+!

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7 business-related TV shows you need to watch

7 business-related TV shows you need to watch


There’s definitely no shortage of TV shows to watch in any language you want. Pick a genre and start watching at any time with the many existing online broadcasting services like Netflix and Amazon Prime. While you can find anything from comedy and family shows to action and horror, my personal interest lies in business. So what TV shows are out there that help me to feed on this interest, and which business-related TV shows will actually help me to further my understanding and insights into how business is done? Following I compiled seven TV shows that I found most valuable to do exactly this:

  • Shark Tank—in many countries known as Dragon’s Den—gives young entrepreneurs the chance to pitch their venture ideas in front of a group of investors. They hope to receive early-stage seed funding in exchange for a stake in their business. It is not only stimulating to hear the interaction between founders and investors on a business idea but also both entertaining and helpful in understanding how to pitch, its dos and don’ts.
  • The Profit focuses on failing businesses that Marcus Lemonis helps by analyzing the problem and by investing his own money to fix it. The insights into how an investor and business advisor works is both stimulating and helpful, allowing viewers to learn and potentially apply this in their own ventures. It is a must-watch for everyone interested in business: owners, managers, and employees alike.
  • Undercover Boss lets CEOs or other executive-level managers of large corporations work along their own employees, undercover. This allows them to interact with them and experience the problems they have to cope with on a daily level. At the end of each show, they often reward certain employees with a bonus, further training or education, or even promotions. All in all, it is a stimulating and entertaining TV show.
  • The Apprentice is about a group of young businessmen and women that have to go through several rounds of competition. In the US, they compete for a one-year starting contract of $250,000 to run one of Donald Trump’s companies. In the UK, Alan Sugar will invest $250,000 in the candidate’s own business in return for 50% equity. It illustrates two main things: for one, it shows what investors look for in potential business partners, and two, it illustrates group dynamics of competing applicants that work alongside parts of the way.
  • How I made my millions is another fantastic show that digs into the stories of very successful businesses. It talks about the beginnings and the often long way of both successes and failures to get where they are today. However, the show introduces several businesses each episode so that it’s more a broad snapshot of each. Nonetheless, interesting and insightful.
  • Kitchen Nightmares—originating from the British TV show Ramsay’s Kitchen Nightmares—sends top chefs into failing restaurants to pamper them. It is often eye-popping to see under what miserable situations these restaurants are running as well as how bad the management is. While they are still able to turn these restaurants around and show a successful dinner at the end of the show, it is most interesting to see how many of them were able to sustain that level over time.
  • Million Dollar Listing follows realtors in upscale markets and shows the effort and hard work that allow them a luxurious lifestyle. While it gives many insights into how they do business, it is more entertaining and motivating. Nonetheless, you can certainly learn some lesson.

This is a selection of business-related TV shows, of which there are many more that one can learn from. I then omitted all shows that don’t directly talk about business, otherwise one could add all kinds of TV shows that illustrate management, group dynamics, and much more. However, I believe that these 7 shows have the highest learning factor and the most interesting concepts. You certainly will know other similar shows, and maybe you find some of them better than some of these. If that is the case, please feel free to comment and share them so that we can all learn from them, too. But now enjoy the shows!


Konstantin von Brocke The Author: Konstantin von Brocke has graduated in business management from University of Wisconsin-Stout with magna cum laude in December 2012 after receiving an Associate in Applied Science degree in marketing from Fox Valley Technical College. He is interested in all things related business with a particular focus on entrepreneurship, marketing, and growth. Connect now via Twitter or Google+!