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Introducing DayOne



INTRODUCING DAYONE


WHERE WORLD-CLASS TEAMS MAKE THEIR LEAP




BRIEF ANNOUNCEMENT

The next Cohort (6th) of DayOne will run in a city near you, in Greece, around
the October 2024 timeframe. Stay tuned.




WHAT IS DAYONE?

DayOne is a 6-week acceleration program run by Genesis Ventures for startups
that want to get their first institutional investment and scale globally.


WHAT IS THE STRUCTURE OF THE PROGRAM?

The program has two phases:

Foundation (one week): This is an intense week (incl. the weekend), full-time
and in-person, where you will be involved in a number of hands-on activities,
workshops, and community building, get acquainted with the program and its
stakeholders, and get inspired by successful founders.

Building (5 weeks): This part of the program runs for five weeks and is
part-time, runs on a hybrid mode, both offline and online, and will be focused
on building a thriving and global business, yours.


WHAT TYPE OF TEAMS ARE YOU LOOKING FOR?

We are looking for concept and pre-seed startups with founding teams who have
either quit or plan to quit their job and go full-time into their startup. More
specifically, we are looking for the following traits:

 * A strong team with highly capable and ambitious founders with complementary
   skills (e.g., business and tech), great chemistry, and a get-shit-done-fast
   mindset. The team shall ideally be 2-4 people and be committed to working
   full-time on their startup, if not immediately, at least upon completion of
   the program.
 * A business/product with the potential for huge and quick growth, aka a
   startup. For a definition of what a “startup” is, see this link. We are
   agnostic regarding the sector, business model, or technology used.

You can enter the accelerator with or without a product or revenue.

To sum up, we are looking for potential coupled with ambition. It’s great if you
want to build a good tech business that makes a couple of million per year and
employs 20 people. In fact, it’s much more than great. But this is not a fit for
DayOne.

 * Admissions work on a first-come-first-served basis

If you are an aspiring founder in search of a team, click here.


THAT’S ALL GREAT, BUT WILL I GET AN INVESTMENT?

Yes, this program is designed to help teams get their first institutional
investment. The first ticket is €150,000 for 12.5% equity in your company (at an
implied post-money valuation of €1,200,000).


WHAT ELSE WILL MY TEAM GET OUT OF THIS?

Besides the investment, you may get the following out of DayOne:

 * You will build a stronger company; faster. You will get help in
   building/completing your founding team; coaching and office hours by
   ex-founders, company builders, domain experts, and experienced investors;
   masterclasses and other content; and feedback from your peers. All this will
   challenge your business/product to its core.
 * You will get on the VC path. We do this by helping you fundraise
   post-Genesis, connecting you with later-stage VCs, and making introductions
   to potential hires, potential customers, etc.


WHAT ARE THE TEAMS THAT HAVE ALREADY GOT AN INVESTMENT?

Here are 3 teams from the cohorts to date that have received an investment.

 * MyTeam (announcement here), a company building a CRM that helps sports
   clubs/academies and their communities optimize their day-to-day processes.
   MyTeam has also completed an up-round with the participation of Eleven
   Ventures (announcement).
 * ProgressiveRobotics (announcement here), a company building smarter robots
   for the production industry.
 * UniStudents (announcement here), a company building a connection between
   university students and the job market.


WHAT ARE THE KEY DATES?

DayOne 6th cohort has the following important milestones:

 * Applications Open - are now open!
 * Applications Close - at least until mid September, 2024
 * 6th Cohort Begins - sometime in early October, 2024
 * 6th Cohort Ends - for sure by the end of November, 2024


WHERE IS THIS TAKING PLACE?

The first week of the program is going to run in a Greek city near you (Location
TBA). After that, DayOne will operate primarily online (Eastern European Time)
with occasional in-person meetings.

For more info, see the detailed FAQ or one of the following pages:

💭Our why❓FAQ📒Code of Conduct

🤝  Meet the team


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