We went from high-tech startup accelerator to deep tech venture building … in one year
HighTechXL launched in 2015 as a high-tech startup accelerator. After six years, more than 60 percent of HighTechXL alumni companies have survived.
In 2018, HighTechXL announced the transition from high-tech startup accelerator to a deep-tech venture building effort, more relevant to Eindhoven's ecosystem. We launched three startups based on technologies developed at CERN, the particle research center in Switzerland.
All three of those startups – Aircision, Dynaxion and Incooling – have been, by startup standards, home runs, raking in investments, making deals with international corporations and getting global media attention.
Setting up a new business can be quite chaotic. Our milestone approach will help you in taking baby steps toward taking advanced technologies to market in nine months.
HighTechXL begins the venture-building process by sourcing technologies from research institutions such as CERN, TNO and Philips.
We research the technologies and identify potential application areas.
We hold a FasTrackathon – a reverse-hackathon – where technologies and potential application areas are up for grabs. We invite engineers, physicists, business development experts, finance managers and seasoned entrepreneurs to come for a half-day idea session where teams build a business model canvas and pitch their business cases at the end of the day.
HighTechXL recruits additional team members interested in taking the technology to market and holds pre-program sessions to further strengthen the teams.
Teams go through a selection process, then begin the nine-month venture building program.
VENTURE BUILDING PROGRAM
The nine month program is broken down into three phases of three months.
The nine-month deep-tech venture building program is divided into three phases of three months, each phase structured with deliverables based on technology application research, product development, market research, team development and everything a business needs to grow.
Workshops led by seasoned venture builders and industry experts and tailored to deep-tech startups.
Access to our pool of mentors with 300+ industry experts, entrepreneurs and partners.
Weekly team one-on-one sessions with the HighTechXL team to closely monitor business progress and team development.
A HighTechXL venture manager acts as program liaison, offering support, insight on deliverables and helping drive progress.
Master your pitch with storytelling and stage presence training.
A team of brand architects: designer, copywriter, and video producer.
We provide legal, financial and supply chain support to help you build your business from the ground up.
We offer investment support and advice with access to a network of regional, national and international investors.
Venture teams have the opportunity to pitch their business propositions during Gate Moments, XL Day (demo day), high tech conference and at private investor events.
Venture teams get free office space during the nine-month program at High Tech Campus.
Startups run on coffee so we made sure your elixir of life never runs out.
Seasoned content creators help teams craft their messages for all marketing channels: website, pitch decks, investor decks and social media channels.
HighTechXL has created successful companies with global impact from the Netherlands to China, where we also have operations.
In five years, HighTechXL startups and scale-ups have created more than 2,000 jobs and raised more than 80 million euros.
HighTechXL companies are not just surviving, but 17 are in our "star" portfolio with 10x projected returns.