Join Flashpoint Management Company, Alpha Venture Partners, ff Venture Capital, and the HBS Angels of New York in welcoming Flashpoint@Georgia Tech on Thursday, February 1st at the SUNY Global Center.
This year's event focuses on "The Power of a Deliberately Innovative Culture" and how it contributes to unexpected success. Learn from Director and Founder, Dr. Merrick Furst, on “The Trillion-Dollar Opportunity.” Startups should no longer be asking how to innovate but how to innovate in a more deliberate way. Following, founders in Cohort 8 share their insights on how employing deliberate innovation methods have moved them towards discovering authentic customer demand. Enterprise teams include Mercedes-Benz USA and NCR. After the presentations, attendees will have an opportunity to connect with teams and learn more about each other.
What started as an organizational experiment in 2011 towards advancing Georgia Tech's strategic goals around innovation, creativity, and entrepreneurship has now stabilized into a Center for Startup Engineering, on campus, in partnership with Flashpoint Management Company, a university spinout. Clients of FMC include startup founders with dreams of for-profit and not-for-profit companies and large corporations.
To date, the Center has worked with seven cohorts, four from FMC. The first five-year numbers are promising. Founders have raised north of $300 million from leading venture capital firms, and their startups have a market value of over $1.2 billion. Less than $2 million of local angel money was invested to achieve these results. The work also led corporate teams to have products in the market, Sleep Water for Coke in Japan, and to pull a product from market, when a Canadian multinational sold assets as a result of discovering there would be no market demand.
Flashpoint works closely with founders to enable them to think clearly about their businesses. We will be opening our applications for Cohort 9 shortly. If you'd like to receive updates on the application process or about opportunities to work with us in the future, please contact us below.