Venture Mechanics' Scalathon events are unique. Unlike a hackathon, where the goal is to develop code over a weekend, in a Scalathon diversely-talented teams try to solve major real-world problems, by crafting venture-scale business plans optimized for scalability, monetization, and investor readiness. Instead of demonstrating your code at the end, you'll be presenting your compelling business plan to a panel of VCs to see which team has come up with the biggest venture-scale business idea.
Format Overview
- Length: 48 hours (Friday evening to Sunday evening)
- Participants: Teams of 3-6 (encouraged to mix business, technical, and domain expertise, ensuring diversely-talented teams)
- Goal: Develop a robust, investor-ready business plan for a scalable AI startup tackling a significant problem, and deliver a great pitch
Key Activities & Flow
DAY 1: FRIDAY — KICKOFF & IDEATION
- 5:00pm Registration and Networking
- 6:00pm Opening Keynote:
Bridging the Cultural Gaps on ClimateTech at Venture Scale:
What Investors Want, What Founders Do and What the Planet Needs
This will be a fireside chat with Steve Winkelman
- 7:00pm Problem Space Insights: “Founders” will take the microphone and describe the problem space they are thinking about, and solicit co-founders to approach them to discuss its merits. Potential “co-founders” will then network with founders in the room and brainstorm to identify large, meaningful problem spaces where AI can be transformative. Conference rooms will be available for breakout whiteboarding sessions.
- 8:30pm Team Formation: Initial “co-founders” will take the stage to describe the problem space they want to attack, and solicit the additional co-founders they still need to complete their teams.
Ideal team formation will include at least one of the following:
- An experienced ClimateTech technologist
- A Go To Market (GTM) expert, aka “growth hacker”
- A domain expert in the problem space
DAY 2: SATURDAY — BUILD & VALIDATE
- 9:00am Doors open
- 9:30am: Team registrations and room assignments
- 10:00am Scalability Levers Workshop with Gregory Kennedy: Tactics for 10x user/revenue growth with ClimateTech products. A panel of growth hacking experts will discuss state-of-the-art methods that the teams can employ to achieve their scalability goals.
- 11:00am Teams Get To Work on:
- Market Analysis & Sizing
- Monetization Model
- Competition & Differentiation
- Go-to-Market Strategy
- Exit Strategy
- Guest Mentors: Experienced mentors and investors from the Venture Mechanics Catapult Accelerator will roam room-to-room throughout the day to touch base with the co-founders and see how their ideas are coming along, providing constructive suggestions to move their ideas forward.
DAY 3: SUNDAY — FINALIZE & PRESENT
- 9:00am Doors open
- 9:30am Teams sign up for a time slot to practice their pitches with pitch coaches
- 10:00am Teams get their 20 minutes to pitch their deals to coaches in the Airbus Room (10 minutes to pitch, 10 minutes for feedback)
- 2:00pm Teams submit their final pitch deck to missioncontrol@venturemechanics.com.
- 3:00pm Team Presentations (10-min pitch + Q&A) to the investors on the judging panel.
- 5:30pm Awards
- Judges will announce their top selection for the most scalable startup idea
- Audience will crowdvote for their top selection
- Prizes awarded
- 6:00pm -7:00pm Networking reception
DETAILS
- Free parking
- Meals provided:
- Pizza at 7pm Friday
- Lunch at noon on Saturday
- Lunch at noon on Sunday
- Light dinner and adult beverages Sunday 6pm
- Snacks and beverages available all weekend
Mentor Office Hours at this Event
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here.Are you in the Venture Mechanics Mentor Program? Add your office hours for this event
here.