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Reactor Podcast
Building the best deep tech startup acceleration program in the world with Markus Bohl from Intel Ignite- Ep 008
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Our guest today:
Markus Bohl is the managing director of Intel Ignite Europe since 2022
Serial entrepreneur, he has gathered 20 years of experience as entrepreneur himself.
He is also an investor in early stage startups.
Summary
Marcus Bohl from Intel Ignite Europe discusses the startup selection process and the support provided by the program. Ignite is a non-dilutive acceleration program for early-stage deep tech startups. They select companies based on technology, team, and eight verticals. The selection process is rigorous, with two cohorts per year and 300-320 companies per cohort. The top 18 companies are invited to a selection day, where they are assessed by a panel of experts. Ignite helps startups find product-market fit, connect with customers, build teams, and raise funding. They emphasize the importance of coachability and the ability to hire better than oneself. Intel Ignite is an accelerator program that supports deep tech startups. The program focuses on helping startups develop their technology, build their business, and connect with investors and customers. The program lasts for three months and provides mentorship, resources, and access to Intel's network. The role of the CTO is crucial in each branch of Intel Ignite, providing technical expertise and guidance to the startups. The program also emphasizes the importance of effective communication and messaging for deep tech founders. Intel Ignite aims to create value by facilitating collaborations between startups and Intel, as well as other ecosystem players.
Keywords
#IntelIgnite, #startupselection, #accelerationprogram, #deeptechstartups, #technology, #team, #verticals, #selectionprocess, #productmarketfit, #customerconnection, #teambuilding, #fundraising, #coachability, #Intel; #acceleratorprogram, #deeptech, #technologydevelopment, #businessbuilding, #investor, #customer, #CTO, #effectivecommunication, #valuecreation, #collaborations
Takeaways
- Intel Ignite is a non-dilutive acceleration program for early-stage deep tech startups.
- Startups are selected based on their technology, team, and fit within eight verticals.
- Ignite helps startups find product-market fit, connect with customers, build teams, and raise funding.
- Coachability and the ability to hire better than oneself are important traits for founders. Intel Ignite is an accelerator program that supports deep tech startups in developing their technology and building their business.
- The role of the CTO is crucial in each branch of Intel Ignite, providing technical expertise and guidance to the startups.
- Effective communication and messaging are important for deep tech founders to convey the value of their technology.
- Intel Ignite aims to create value by facilitating collaborations between startups and Intel, as well as other ecosystem players.
Apply for Intel Ignite if you are in one of those domains:
AI/ML & Computer Vision Autonomous & Robotics Hardware & Manufacturing Software Dev Tools & DevOps Security & Privacy Data, Cloud & Edge Next Gen Compute Web3 Infrastructure