Biobased entrepreneurship - AGRIFORVALOR VanDenBoezem WUR AgriFor… · Startup remains part of...
Transcript of Biobased entrepreneurship - AGRIFORVALOR VanDenBoezem WUR AgriFor… · Startup remains part of...
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Biobased entrepreneurship
www.start-life.nl
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We need to makeenvironmental, health, and
social impact
– on a global level
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$280 million growth fundingfrom Bill Gates & others
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Undisclosed seed fundingthrough IndieBio
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€6 million funding for pilot plant, from Rabobank a.o.
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Winner New Venture Creation course at WUR
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9 out of 10 startups fail
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StartLife Mission
“Our mission is to foster entrepreneurship
in Food and Agri, supporting entrepreneurs
as they build their innovative business ideas
into leading enterprises with a lasting impact”
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Science + entrepreneurship = impact
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We do this by....
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StartLife Incubation Program
*Funding consists of soft loans
Stage 1 Stage 2 Stage 3
Funding*: €10,000 €25,000 €50,000
Business coaching and mentoring
Gate 1(intake)
Gate 2 Gate 3Investorreadiness
Startup remainspart of community
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Impact 2011-2016
200+Startups contracted
and supported
1015Jobs created
€68MTotal invested capital
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Key success factors for biobased startups
1. Team evolution from start to growth
2. Scaling from lab-scale to pilot plant to full scale
3. Having investors with long horizons
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Start small (local), experiment and learn.