Money is globally available – just understand how to attract investors. Top tech companies started all over the world. In Microsoft Seattle, Spotify in Sweden, SAP in Germany, Samsung in Korea, Sony in Japan, Acer in Taiwan, Atos in France, Euthereum in Switzerland…

All have one thing in common: The somehow learned how to attract investors, had their story down and knew how to talk to investors – where ever they are.

Over the past 4 years we had startups from all over the planet in our accelerator and 50% got funded (the highest funding rate in the startup world).

Now we are starting to run free pitch events – ONLINE. These live events shall allow any entrepreneur, wherever they are on this planet to attend. No more traveling for entrepreneurs training.

Next training June 5 in all time zones! read more

We envision a world where prosperity is possible for all nations by increasing innovation and entrepreneurship locally.

Since we can’t get every entrepreneur in the world to come to Silicon Valley – Silicon Valley needs to come to the world – for free.

Please help spread the word, in particular in those countries where entrepreneurs don’t have easy access to capital. http://s3buzz.com/ntd5xx

 

The global race for more innovation is rapidly accelerating – still it is lead by California. Even the east coast states like NY, Massachusetts or other US states including Texas or Florida are still looking at California when it comes to top innovation. And Europe as a whole is far back and so are most of the Asian countries.

Asia the manufacturing powerhouse – not yet the innovation driver

Clearly Asia is on the run for the pole position in the world when it comes to mass manufacturing. Yet, Japan, who was actually the first Asian country with huge manufacturing power, shows a state of saturation, high prosperity and therefor high salary and its competitiveness in production leadership is slowing down. Other Asian countries have a high potential for becoming leading production farms to serve and support the growing population on earth – and with that potential a high potential for more production revenue a high potential for growing prosperity.

Strategic tech innovation still come from the US

However – in the past 30 years – it appeared that the manufacturing power is a very different economic value compared to innovation power. And while Germany, Switzerland, and France boost some of the most innovative technologies outside the US, with their “hidden champions” – it is the US who dominates the global technology space with the most relevant innovations. Relevant meaning technology that if it would be taken away would have a serious impact on the global economy.

Large corporations can’t disrupt themselves

All too often people hope that large corporations can just create an “innovation lab” in order to create innovative ideas – very much like a startup – and bring them to market. But in almost all cases that dream is bursting like a bubble after the innovation was created. When running a 20,000+ people company, each and every employee must run on 90% or better performance in order to be economically viable. If only a few would start experimenting with crazy ideas, the whole corporation me get in trouble. And if an “external” innovation lab brings a new solution into the company, the executive team quickly realizes that the sales organization has no resources to create a market or sell the product into the existing customer base, marketing has no capacity to bring new products to market, support teams are at 110% load and so forth. Corporate innovation is bound to the very same principles like a young startup: permanently under funded, lacking resources, trouble to get initial traction,  difficulties building a brand and a sales force and so forth. Corporations must create very different methods and values to actually make a corporate innovation lab successful.

Government Innovation Programs

Government innovation programs have evolved and we see a huge amount of innovative solutions in many countries. However most of those innovative solutions don’t make it. Billions are pored into startups and great ideas, yet they did not return the investment. An innovation in itself is of zero value. Only of the innovation is successfully brought to market and considered a value for the customer, it begins to create a value for the owner, the participating employees and partners and the economy. Yet, a local product is never bringing a major contribution to the national prosperity. But if the product goes global, the national  contribution to prosperity begins to flow. A country that is self sufficient is probably healthy and OK but never very prosper. A country with a high export rate however creates prosperity from the excess production value. A country with a high export rate from genuine and highly innovative products is the most prosper way for economic growth.

Innovation Economics – We Need To Understand

Here is probably the most interesting aspect of the innovation economics: If 5 countries are highly innovative and 10 countries not, obviously the five countries are much richer than the 10. And in the old thinking of competition, we try to be better (more innovative) then the other countries. But if all 15 countries are highly innovative, all 15 countries are rich and the five countries are richer by serving 15 rich countries than serving only 4 other rich countries and 10 poor countries. Yes, the delta is less and less but the overall economic power grows. Once we accept that model, we no longer keep countries poor or keep people dumb. Instead we keep competing but on a smaller difference. Formula-1 race cars are extremely fast and the winner wins often by a margin of a split second. Unlike 50 years ago where we saw minutes in between – simply because everything was a secret. In Silicon valley we have a spirit of sharing – even the “secret” strategies. Simply because we learned that sharing, openness and transparency is the biggest accelerator of all.

 

 

Five major initiatives for increasing national innovation

Society3 created five major initiatives to increase local innovation power and connect it to a global network to drive a global business:

1) Global Exchange
A global network where people are permanently connected. The exchange / community platform provides users instant access to all members via web, mobile and other services. The objective is to get answer on questions within a few minutes or hours, find new business partners around the globe, compare notes, and open sharing for ultra fast learning from each other.

2) Events & Meetings
While a digital global exchange is the only way to get people from around the world to collaborate and learn from each other fast, people need the personal face to face exchange too. Therefor Society3 and their local representatives conduct national entrepreneurs night events to meet and exchange on a national level and the World Innovations Forum to get together at least once a year on a global level.

3) Innovation Education & Acceleration
Education and acceleration through the accelerator program that we are currently preparing to be delivered online so everybody can participate and soon offline in the countries at local accelerators. Unique about the accelerator is the “knowledge and methods to train what it really takes to create a unique and innovative solution, build a disruptive business model, and bring it to global markets within very fast”. Society3 was named one of the top 100 most influential global accelerators.

4) Global Trading Platform
A new blockchain based trading platform will allow startups and young innovative businesses – even old ones – offer and sell their goods globally at a fraction of today’s cost – but most importantly bridging the gap from a conventional local business to a global business. Lacking the skills and bandwidth to go global is the most significant gap to today’s Silicon Valley’s leadership position.

5) Government & Corporate Innovation Labs Support
Governments and Corporations in over 100 countries are undertaking enormous initiatives to increase their innovation power. At least in the past 20 to 30 years no significant innovation stood out compared to Silicon Valley, which was an orchard just 70 years ago. The Society3 Group developed a methodical approach to accelerate significant innovation development within the respective country. Here the same techniques are applied as in the accelerator program: “Knowledge and methods what it really takes to create a unique and innovative solution, building disruptive businesses, and bring solutions to global markets within a very short period of time”.

Purpose for a global innovation push

Beyond the self serving objective to drive more business as a corporate or country, there is an additional purpose for the global innovation push. In order to eradicate hunger, poverty, and inequality, we as the human race, may want to drive “equality in prosperity” across the globe by creating innovation, entrepreneurship and business development from within the countries rather than external aid. And as a bonus we will see a wave of new innovation from all these different cultures.

 

With 50% external funding rate since its start in 2014, the S3 San Francisco Accelerator is one of the most successful accelerator programs out there. In 2015 Society3 was named top 100 most influential accelerator. Now we will make it available for all entrepreneur in the world – no matter where they live.

AN ONLINE VERSION OF THE SILICON VALLEY MINDSET

It is impossible to get millions of startups to San Francisco / Silicon Valley and have them participate in the unique spirit of open minded people, breaking all barriers to find solutions and collaborate day in and day out to create world class solutions. But what we can do is to create that same spirit and the same connectedness online so everybody can benefit. A mindset is not something that works physically and therefore is independent of the online or offline world.

EIGHT WEEK PROGRAM

The program is restructured for attendees to completely participate online. All workshop sessions will be done during the 8 week program wherever the entrepreneurs live. The typical program requires entrepreneurs to participate in the weekly online sessions on Wednesday where knowledge transfer, reviews and discussions take place. During the week, local or remote mentors maybe available. The anchor elements of the program include:
* Vision & Purpose of your business (1 week)
* Leadership, Talents & Culture (1 week)
* Disruptive business model development (2 weeks)
* Go-to-market strategy (1 week)
* Traction & Growth Hacking (2 weeks)
* Fundraising, from Seed to IPO (1 week)

The first online accelerator program (Flight 7) starts April 11.
Graduation and Demo Day is during the World Innovations Forum in Switzerland in June 2018

APPLICATION PROCESS

If you are interested in joining:
1) Make yourself more familiar with the PROGRAM DETAILS
2) Apply here: PROGRAM APPLICATION

 

 

1) Society3 & World Innovations Forum Merging
Leveraging existing ecosystem and technology platform

The World Innovations Forum is merging with Society3 and brings a global innovation and entrepreneurship event to Society3’s engagement in this space. The existing Society3 Eco-System of approximately 6,000 entrepreneurs and investors will become the immediate base also for the Forum. The existing Society3 Platform will be extended to accommodate the needs of the combined organization. The Society3 Accelerator will be made available globally to all ambassadors and their ecosystems and introduced in all 25 countries and the new countries to come.

2) Eco-System building start in Asia
Visiting 7 key Asian countries in March this year

As part of our community building focus, we will be visiting our key Ambassadors in China, Japan, Malaysia, Nepal, Singapore, South Korea and Taiwan. Together with them we will organize a local event, meet local startups, investors and enabler, as well as potential sponsors.

3) Blockchain & Crypto Currency
Creating a blockchain system to empower startups conduct international business at lowest possible cost

Blockchain and crypto currencies are here to stay. I didn’t quite see that when I was confronted with Bitcoin in 2009 for the first time, but now, almost 10 years later it is very clear to me that it will have a major impact and its place in our world. We already had some ideas to use a blockchain inside Society3 to accelerate international trade for startups. When starting to go global it is not only the challenge to develop connections, establish a presence and start with local engagement but almost more so it is hard to overcome the issues of trust, transaction cost at small volume, letter of credits, trade financing and more. A Blockchain is not only a fun tool but may be the only way to significantly reduce cost and accelerate trade for startups like it was never possible before. And on top of all that we start to alleviating one of the biggest roadblocks for crypto currency acceptance: lack of trading physical values rather than just speculation. Imagine when 5,000 startups become merchants. This would be 50 times as many merchants than we have today in the Bitcoin eco-system.

4) World Innovations Forum
The annual event about global innovation & entrepreneurship acceleration

Ambassadors had spoken and we decided to organize the World Innovations Forum in 2018. We are adjusting the event content and give entrepreneurs access to technology circles like best practices to start or grow AI, Blockchain, mobile or other technology related businesses or on the business side techniques to come to a disruptive business model, get financing, building up valuations and so forth. Investors will be able to join investor circle meetings discussing topics like due diligence practices, investment strategies, exit models and others for investors, Accelerator content, community building, mentorship requirements and similar content for the enabler community, and so forth.

We will verify the new event concept with startups, investor groups and ambassadors and finalize our event strategy in the next few weeks. There is a good chance that we will hold the event in the EWL Selnau (former power plant) in Zürich. It would help drive down the overall cost and is more convenient for the attendees who mostly will fly into Zürich. We estimate 200 people from roughly 20 countries to join us. See also WIForum.com

5) Local Society3 Entrepreneurs Nights
The local startup competitions of the World Innovations Forum as well as the Startup Nights from Society 3 will continue as Society3 Entrepreneurs Nights. With the experience of over 100 events in Europe and the US, all WIForum Ambassadors will benefit from merging the brands and have it easier to conduct their local events.

The joint organization results in one of the most active global innovation support organizations.

In March 2017, four startup teams graduated from the first accelerator program provided by Society3 in Switzerland. Each of the four teams worked in a Silicon Valley style program focusing on becoming the best in their category and eventually conquer global markets. Some of the teams already secured funding, others wait to gain more traction before they raise their first round.

In summer 2016, 68 teams applied for the program. After a free pitch training, they presented their story and eventually six teams have been selected to join the program. After the first week, two of the six teams did not make it to the next level. The remaining four teams went through a program of relentless execution. The focus was on solidifying their vision, create a disruptive business model, compile a zero budget go-to-market strategy, generate market traction and revenue and develop a long term capitalization strategy for their company.

Disruptive business models have shown time and time again to be the essential competitive weapon. More important than technology is the way business is conducted and customers are treated, serviced and supported after the sale. Transparent pricing models and superior processes typically beat any technology leadership as seen with Facebook/MySpace, Tesla/any other e-car, Google/Yahoo, Microsoft/Digital Research, and countless others.

The four Swiss startups all developed a level of disruption that will force any of their competitors to react to their offering one way or the other.

Artiazza

An art platform disrupting the art business by giving artists for the first time a way to participate in the value development of their art. Paintings, sculptures, or photographs sold on Artiazza have a unique identifier and can any time be resold by their own. If the owner can sell the art for more than the initial price, the artist gets a cut of the uptick. If the art gets sold again for more, the artist again gets a piece of the increase in value, no matter how often a painting, photo or sculpture changes hands. Artists will obviously prefer Artiazza over any other model as it is the first and only having the artist participate in the value development of their art.

Connexa

A online group and community platform for businesses and special interest groups. Unlike any available platform today that simply sells their platform for a license fee, the Connexa team developed monetization options for their platform to solve the budget problem most community managers have. Now rather than charging a license fee, they participate in the monetization and provide the community system for free. While there are millions of free online groups and communities out there, a community manager will rather use a free system that provides added values and allows them to monetize the system than invest in an online community which can easily run into six and seven figure license deals.

Sonect

Building virtual ATMs allowing anybody to get cash from theoretically everybody else. The disruptive business model will replace any conventional ATM. Instead of carrying the high cost of “cash-recycling”, banks can now let cash easily flown through the market without a physical hub and participates on the virtual transactions. Shops will be their first target customers, where the shop can offer cash any time to anybody and reduce their own cost of bringing lots of physical cash to the bank every day. Unlike the “cash-back” in the US and other countries, the virtual ATM solution is independent of a purchase and independent of the business that runs the virtual ATM.

Yamo

Providing the freshest baby food possible. Their disruptive business model will allow them to compete with even the largest baby food enterprises by going with their “fab-less production model”. Yamo, very much like the modern fab-less semiconductor industry can scale nearly infinite without any capital expenditure. The business model pushes the envelope of speed like never before imaginable. Baby food can now get even fresher than homemade. Baby food producer will sooner or later respond to the Yamo Business Model regardless of already spent billions in production equipment.

Axel Schultze, founder and CEO of Society3, and a serial entrepreneur who lived close to 20 years in Silicon Valley, explains: “While Society3 is an award-winning accelerator with a well thought out training camp, the key of our program and growing ecosystem is the way we think and the mindset we induce in our startups. it isn’t the technique to do something in certain ways – it is the mindset in which things get done. Startups find a space of open minded people who don’t argue why things may not work but wonder how the impossible may get done. Creating and transforming great ideas into market leading businesses through relentless execution, is only the result of such a mindset.”

The Society3 Accelerator is conducted in the Lucerne Technopark (D4). The next program is scheduled to start October 23, 2017 and startup/ scaleup teams can apply at https://society3.com/accelerator. The onboarding process will start with an introductory meeting for all applicants on August 31. Applicants get invited to a free pitch training on Oct 12 and the final acceptance will be made based on a pitch competition on Oct 17.

The accelerator is focusing on SecureTech, AutoTech, AI, Fin-Tech, Transport-Tech, LogisticsTech, FoodTech, IOT, ICT, Energy, and other society relevant innovations.