- June 28, 2016 /
- by Anna Bessonova
Starting your own business is scary. But what if you had peer support, coaching from pros in different fields, and a bit of funding that would cover your rent for 9 weeks? Would you go for it?
The thirteen teams that were accepted to this year’s Summer of Startups took that leap of faith. Run by the startup community for the startup community, the program encourages young people to build their own businesses. Apart from modest funding, Summer of Startups gives the newly minted entrepreneurs free working space. Pros from different fields help the teams tackle with various stages of starting a business: from identifying product-market fit, to sales, design, legal contracts, marketing, and business strategy.
Many Tuxerians started out in and are still closely linked to the local startup community. So when approached by the organizers, we eagerly offered our help in various fields that we know.
For example, Tuxera’s Head of Marketing, Claudio Camacho, who has previously built a few companies of his own, lead a workshop on the Business Model Canvas. Eva Rio, our Marketing and Design Manager, introduced the teams to design thinking and prototyping, while I will share my experience on how to effectively market a startup.
On average, 2-3 companies have been founded during the program since its launch in 2010, employing over 60 people and generating millions in revenue over the years. Some of the alumni that are viable businesses today include a marketplace for event venues – Venuu (2013 alumni), a throwable microphone inventor – Catchbox (2012 alumni), and a healthcare application developer – Netmedi (2012 alumni).
We hope that these talented teams will continue their entrepreneurial journeys after the program – and the summer – are over!