Advertisement
WordPress

The Startup Race Launches Audacious Accelerator Program And MVP Hackathon To Kick-Off Its 2022 £10,000 UK Startup Race

The Six-Month ‘Gamified’ Startup Competitors Benchmarks Formidable Entrepreneurs Specializing in Gross sales Moderately than Pitching Abilities

How To Win The £10,000 Startup Race

The Startup Race, based in the UK, is a hackathon and accelerator dedicated to proving that sales and revenue are the true benchmark of a successful startup, rather than the initial pitch. The first £10,000 Startup Race will continue through the Autumn 2022, where a winner will be announced and awarded the £10,000 Cash Prize. After this Startup Race has completed, they will be partnering with Scottish Investors to run a £300,000 Startup Race and then a £1,000,000 International Startup Race.

The Startup Race, based mostly within the UK, is a hackathon and accelerator devoted to proving that gross sales and income are the true benchmark of a profitable startup, moderately than the preliminary pitch. The first £10,000 Startup Race will proceed by the Autumn 2022, the place a winner might be introduced and awarded the £10,000 Money Prize. After this Startup Race has accomplished, they are going to be partnering with Scottish Buyers to run a £300,000 Startup Race and then a £1,000,000 Worldwide Startup Race.

The Startup Race, based mostly within the UK, is a hackathon and accelerator devoted to proving that gross sales and income are the true benchmark of a profitable startup, moderately than the preliminary pitch. The first £10,000 Startup Race will proceed by the Autumn 2022, the place a winner might be introduced and awarded the £10,000 Money Prize. After this Startup Race has accomplished, they are going to be partnering with Scottish Buyers to run a £300,000 Startup Race and then a £1,000,000 Worldwide Startup Race.

James Shoemark and Michael Clouser, founders of The Startup Race Accelerator, which kicks off in the present day.

The Startup Race idea began in 2014 when a young entrepreneur asked Mr. Shoemark, who was hosting a League of Entrepreneurs Meetup at the time, if and how the startup process could be gamified. Mr. Shoemark decided that a business competition using the Pirate Metrics (AARRR as popularised by Dave McLure) could be the answer. He soon teamed up with Michael Clouser, a former Silicon Valley VC and other Edinburgh based Entrepreneurs and Investors to partner with him on this new venture in order to support Fast Growth startups in the UK and around the world.

Advertisement

The Startup Race thought started in 2014 when a younger entrepreneur requested Mr. Shoemark, who was internet hosting a League of Entrepreneurs Meetup on the time, if and how the startup course of could possibly be gamified. Mr. Shoemark determined {that a} enterprise competitors utilizing the Pirate Metrics (AARRR as popularised by Dave McLure) could possibly be the reply. He quickly teamed up with Michael Clouser, a former Silicon Valley VC and different Edinburgh based mostly Entrepreneurs and Buyers to associate with him on this new enterprise so as to assist Quick Development startups within the UK and world wide.

The Startup Race thought started in 2014 when a younger entrepreneur requested Mr. Shoemark, who was internet hosting a League of Entrepreneurs Meetup on the time, if and how the startup course of could possibly be gamified. Mr. Shoemark determined {that a} enterprise competitors utilizing the Pirate Metrics (AARRR as popularised by Dave McLure) could possibly be the reply. He quickly teamed up with Michael Clouser, a former Silicon Valley VC and different Edinburgh based mostly Entrepreneurs and Buyers to associate with him on this new enterprise so as to assist Quick Development startups within the UK and world wide.

EDINBURGH, UK, Nov. 30, 2021 (GLOBE NEWSWIRE) — The Startup Race Accelerator introduced in the present day it launched a name for submissions for its hackathon, a brand new alternative prematurely of its £10,000 Startup Race, which kicks off in early February 2022. Aspiring Entrepreneurs can entry its free accelerator programme on Leanstack to put together for the chance to recruit fellow co-founders throughout The Startup Race’s Minimal Viable Product (MVP) Hackathon and begin development hacking as a workforce to win a £10,000 money prize.

“With The Startup Race, we’re disrupting the usual mannequin, generally known as ‘Pitching Parades.’ so as to allow entrepreneurs to show themselves in each product and market match, by gross sales and income,” stated James Shoemark, co-founder of The Startup Race. “This team-building hackathon might be fully digital, however name for anybody working inside the UK.”

Story continues

Advertisement

This meritorious course of, first developed by Silicon Valley Entrepreneur Steve Clean in 2013, may be very engaging to Angel Buyers. By means of the method, there might be a chance for a variety of excessive net-worth People to observe how the groups carry out over the course of the race and be launched to people who they might want to assist on the finish.

Between now and the Hackathon, up to 1,000 aspiring and skilled UK entrepreneurs are ready to profit from its free accelerator program on Leanstack due to a partnership with Ash Maurya, creator of Operating Lean and Scaling Lean.

Upon entry to the Accelerator, members will achieve entry to the world’s finest leanstart startup sources so as to validate their pondering, develop their enterprise mannequin and private profile so as to entice co-founders. Different free sources on Leanstack will embody the Foundations and Enterprise Mannequin Design Playbooks and Lean Canvas & Traction Roadmap instruments. The Startup Race workforce may even assist entrepreneurs incorporate their UK firm and open a UK enterprise checking account to allow them to begin producing gross sales as quickly because the competitors begins.

The workforce constructing Hackathon will run February 4 by 6, 2022, and is designed to set up the creation of greater than 50 startup groups by giving entrepreneurs a chance to demo their enterprise mannequin to the opposite Hackathon members and both recruit them to be part of their workforce or forgo their thought and be part of someone else’s workforce. There might be 1st, 2nd & third prizes for the very best MVP Demo. The Startup Groups will then have two weeks till March 1st to create a Minimal Income Product (MRP) for the graduation of the £10,000 Startup Race. The rivals may even be given free entry to LivePlan – the world’s quickest and simplest way to write a marketing strategy, created by Palo Alto Entrepreneur, Tim Berry. Racers might be benchmarked based mostly on a ¨Prime Metric¨ that ranks the highest performers. Solely the Premier League might be made public however all Racers might be ready to entry a personal dashboard that reveals their present place and strategies on how they may enhance their rating.

Advertisement

“The £10,000 Startup Race measures what Entrepreneurs do over a time frame,” stated Michael Clouser, co-founder of The Startup Race. “It’s a extremely aggressive ‘pedal-to-the-metal’ method that can see nice worth for each Entrepreneurs and Enterprise Angel Buyers over a brief time frame.”

The Startup Race thought started in 2014 when a younger entrepreneur requested Mr. Shoemark, who was internet hosting a League of Entrepreneurs Meetup on the time, if and how the startup course of could possibly be gamified. Mr. Shoemark determined {that a} enterprise competitors utilizing the Pirate Metrics (AARRR as popularised by Dave McLure) could possibly be the reply. He quickly teamed up with Michael Clouser, a former Silicon Valley VC and different Edinburgh based mostly Entrepreneurs and Buyers to associate with him on this new enterprise so as to assist Quick Development startups within the UK and world wide.

Winners of The Startup Race might be introduced throughout a ceremony within the Fall of 2022. The 10,000 prize is non-dilutive and might be offered within the type of a grant from the Startup Race restricted firm to a restricted firm.

For extra info on The Startup Race, please go to: WWW.TheStartupRace.com.

____

ABOUT THE STARTUP RACE

The Startup Race, based mostly within the UK, is a hackathon and accelerator devoted to proving that gross sales and income are the true benchmark of a profitable startup, moderately than the preliminary pitch. The occasion and firm itself is the product of a younger entrepreneur asking Mr. James Shoemark in 2014, how the startup course of could possibly be gamified. Mr. Shoemark determined {that a} enterprise competitors utilizing the Pirate Metrics (AARRR as popularised by Dave McLure) of Acquisition, Activation, Retention, Referral and Income as a benchmark for ambition, competitors and development could possibly be the reply. He quickly teamed up with Michael Clouser, a former Silicon Valley VC and different Edinburgh based mostly Entrepreneurs and Buyers to associate with him on this new enterprise so as to assist Quick Development startups within the UK and world wide. The first £10,000 Startup Race will proceed by the Autumn 2022, the place a winner might be introduced and awarded the £10,000 Money Prize. After this Startup Race has accomplished, they are going to be partnering with Scottish Buyers to run a £300,000 Startup Race and then a £1,000,000 Worldwide Startup Race.

For extra info on The Startup Race, please go to: WWW.TheStartupRace.com.

###

Attachments

CONTACT: CARSON QUINN THE STARTUP RACE 312.339.9779 [email protected]THE STARTUP RACE

Travel Guides

Travel Guides Buzz has breaking travel news, travel hotels, America travel guides, travel photos, latest travel news, Asia travel guides, Europe travel guides, Australia travel guides and all the trending buzz you’ll want to share with your friends. Copyright Travel Guides Buzz.

Related Articles

Back to top button