As we reach the equinox of the first edition of The Collider, we take the time to look back and forth through the program’s agenda and state-of-the-art. April marks the end of The Collider’s second phase and wraps an intense period of workshops, progress meetings and after-work sessions. To add some context, let’s recap the program’s journey:
21/11/2017 – 22/12/2017
The high performing teams work intensively over a 4 week period to define the problem and the road to success, with the support of industry and tech experts.
8/01/2018 – 29/04/2018
After 4 months, each team becomes part of a full startup builder program. Each startup receives up to €150k in seed funding.
30/04/2018 – 30/09/2018
The challenges of the growth stage will be faced during a 5 month incubation period, covering sales, scalability, pivoting and funding, in which startups must overcome the “valley of death” and flourish as a success story.
Eight teams joined us at the beginning of phase one. We had representatives from 5 different academic centres: Universitat Pompeu Fabra, Universitat Politècnica de Catalunya, Universidad de Murcia, Universitat de Girona and Centre de Recerca Matemàtica. All of these brought high-skilled scientists representing deep innovative technologies. Completing the lineup, we welcomed 16 witty businessmen and businesswomen, most of the second generation entrepreneurs and MBAs from prestigious business schools (IESE, ESADE).
The time has gone by and the teams have navigated through the roller-coaster of validation along us. On the first checkpoint between the first and the second phase, 6 teams passed successfully while 1 team did not make it through and 2 were given a second chance. Among the later, one quickly caught up with the rest and the other is just about to present to the board again.
Of course, during this time, we’ve had wins and losses. Two scientists have left us to join incredible opportunities in Madrid and Silicon Valley, there have been a few member changes and a new project has joined, one which will soon present the results of their validation.
By now, The Collider no longer has teams, but proper startups with impressive pitch decks and roadmaps. The intense 5 months of validation and venture building have proven well and the time has come to wrap up the workshop stage and daily monitoring. Next phase opens a period of deep fundraising and product development to be ready once the initial seed investment fades. We couldn’t be prouder of our teams as we foresee a bright future ahead of them.