10XBusiness Accelerator

Background - What is an accelerator?

Accelerators: “Incubators with a deadline” 3-4 month program Heavily advisor/mentor driven $20k, in exchange for 6% common equity Concludes with a national showcase event

Background - What results have occurred?

Y-Combinator: Best in the business As of now, 37 Y Combinator companies, out of 511 startups, have

valuations of, or sold for at least $40 million. Currently the total valuation for the 511 startups is $11.5 billion.

Average valuation per accelerated company: $22.5 Million Average operational outlay/company: $60K ROI: 375,000%

Not Just Silicon Valley

10X Success – 3 classes

2013 10X Class

Transition from OSU to Founders Factory Collaboration: FF – TechColumbus – OSU – 2020 –

VC 100+ Applications -> 10 Companies 100+ Mentors, Specialists, Advisors Innovate Columbus Partnership Sept 4th – Class Starts November 15th – Demo Day at OSU with Key Note

10X of the Future

The top 10 successful accelerators have strong corporate engagement and a sustainable budget for year round operations, like The Brandery in Cincinnati... With P&G, PNC, Duke Energy, Marketing Agencies, etc. as key partners.

 How do we do that in Columbus?