Problem Statement: Global entrepreneurship hubs such as Silicon Valley in the USA or London in the UK have had the monopoly in Venture Capital investments for a long time, disregarding millions of entrepreneurs who couldn’t access the vast capital simply because of their location. Data shows that especially female founders and founders who belong to a minority also had a hard time financing their ventures through Venture Capital.

Our goal is creating a Silicon Valley-like network of founders from minorities and enable them access to digital content/knowledge sourced from industry leaders (VCs, think tanks etc.)

Target Group: Young people/ professionals/ entrepreneurs   

 

Proposed Solution: 

 

Phase 1

A shortlist of possible partners will be conducted and the Global Shapers Düsseldorf team will get in touch with them. As a result, it will be possible to determine touching points and decide on a written agreement. After that, a public post on social media will announce the opening for our first batch (10 founders), who will apply through a separate page.

 

Phase 2

In phase 2, the founders will go through 5 different content sessions. After that, they will have the chance to be introduced to investors and pitch their idea.

Hub Activities: Workshops, practical interdisciplinary courses and event series (content sessions)

 

Short & Long-Term Goals/Results:

 

Short-term impact

• Recognition of posts through likes, shares, etc.


• Ripple effect: Target group becomes multiplier and addresses further persons

Our goal is creating a Silicon Valley-like network of founders from minorities and enable them access to digital content/knowledge sourced from industry leaders (VCs, think tanks etc.)

 

Long-term impact

• The ultimate goal of this project is that especially intercultural people become more aware and challenge the current state of thought through an ever-growing network of like-minded people

Available Metrics:

 

The Global Shapers Düsseldorf Hub has defined a clear measurement system to ensure an effective execution of the strategy. 

 

Each phase will have a clear primary KPI and potentially several supporting KPIs. 

 

Stage

Primary/ Supporting KPI

Definition

Target

Phase 1

Primary KPI: Number of founders in batch

Supporting KPI: Diversity in founders

-

10


80% diversity in nationalities +
50/50 in gender

Phase 2

Primary KPI: Direct investments (in million €)

Supporting KPI: Gross impact through startups (in number of areas of impact)

-

-

Phase 3

-

-

-

 

 

Collaborators: 

 

Shareholders

Name

Notes

Contact

 

 

 

ScaleX Ventures

B2B SaaS Venture Capital fund based in Istanbul, Turkey.

 

Two Hearts Community

Great way to source know-how and founders with a diverse background.

 

ITÜ Teknokent/ITÜ Cekirdek

Biggest and most known accelerator in Turkey

 

Global Shapers Istanbul/Ankara Hub

  

(Global Shapers Palo Alto Hub)