A new Venture Accelerator in Venice Italy

MITdesignX Venice is a new multi-year initiative bringing our Venture Design program to Venice in collaboration with local partner SerenDPT.

MITdesignX – the Venture Accelerator of the MIT School of Architecture and Planning – is opening a new venture accelerator to support local entrepreneurs and help launch new firms and organisations dedicated to solving problems experienced in Venice as well as other coastal and historical cities, and places experiencing a major loss of full-time population.

The program begins Sept 8, 2022.

Your application process begins now!

Timeline

Starting in May 2022, we are hosting a series of events at SerenDPT’s H3 Factory on the Giudecca.  Join our open programming to meet fellow entrepreneurs and create teams, share and test ideas, and prepare your submissions for the program.

 

May 13: Ideathon no. 1

May 27: Ideathon no. 2

 

May 28: Applications Open

 

June 22: Open House and Workshop

  • At this full day event, we will showcase success stories by MITdesignX alumni, as well as opportunities emerging from start-ups based in Europe.  We will lead a hands-on workshop to spark new ideas or solidify existing ones into robust proposals for the inaugural accelerator cohort in September.

 

July 8: Application Deadline

 

July 31: Selected Teams Announced

 

Sept 8: MITdxV Cohort 1 Begins

IDEATHON No. 2 __ 27 MAY 2022

This is the second of two “ideathons” we are holding to bring together people interested in developing new solutions and applying to the MITdesignX Venice Accelerator.  Participants will share ideas, work with others to further develop them and meet potential new teammates and collaborators.

 

Register Here

 

Location: H3 Factory, Campo S.Cosmo, Giudecca 624-625, Venezia

 

Schedule

14:00 Welcome

  • Introduction to MITdesignX
  • Accelerator themes / Application process
  • Ideathon instructions

14:30 Short presentations of ideas (one minute speed pitches)

15:00 Breakout into idea development

18:00 Presentation of ideas by newly formed or enhanced teams 

19:00 Networking aperitif

20:00 Close of event

 

SerenDPT

SerenDPT (Serenissima Development and Preservation through Technology) is a benefit company founded in Venice, by Venetians. Their mission is to repopulate the city by inspiring and supporting the creation of startups and creating high-skill jobs that will attract young people of all ages and Venetians of any origin and welcome them as new inhabitants of the historic city.

SerenDPT operates a startup incubator and co-working space, called Fabbrica H3, inside the ex-church of Saints Cosmas and Damian on the Giudecca island in Venice.

Fabbrica H3 Incubator and Co-working space

Accelerator Schedule and Program

Understand

Bootcamp (Workshop 1) ____ 8-11 September The first four days of the accelerator are an intensive analysis of the problem you are engaging. What is the core of the problem? Who's problem are you solving? Who else needs to be involved?

Needs Analysis
Market
Segmenta­tion
Stakeholder Map
Deconstruc­tion

Need/problem description based on interviews and data insights

Determine who are your customers

Analysis of all stake-holder groups and how they benefit from a solution

An analysis of your research and a check on venture feasibility

Team statement describing what the venture is designed to do

Statement and images describing why stakeholders / customers would apply / buy the solution

Map of what the user will experience

Turn your ideas into actual products or systems for testing

Mission Design
Value
Proposi­tion
User Journey
Rapid Prototyping

Solve

Workshop 2 ____ 22-23 September ___ Design a solution that best suits the problem and creates value. Test, learn and build your solution.

Envision

Workshop 3 ____ 13-14 October ___ Develop a business model and team to make the solution happen.

Team statement describing what the team aspires to achieve

Team manifesto outlining founder core values and leadership principles

How a venture creates, delivers, and captures value and generate revenue

Negotiation skills and learning how to recruit and partner with the right people

Vision Design
Founder's Values / Negotiations
Business Model
People and Partners
Action Plan
Financial Plan
Funding Strategy
Messaging And Pitches

A goal-oriented action plan for effective and fast scaling of your venture

Three year revenue and cost plans based on team vision and objectives

Introduction to funding options and calculation of funding needs

The venture storyline and key message to stakeholders and sponsors / investors

Workshops 4 and 5 ____ 27-28 October & 10-11 November ___ Make a plan and apply the financial elements required to deploy and scale your solution.

Scale

At the conclusion of the accelerator program, startups will pitch their new ventures and launch their products and services.

Supporters