Remove the highest universal risks on the startup journey and improve your support services!

 

Growth Academy is our proven and repeatable methodology to help startups to grow without "reinventing the wheel" and without wasting lot of time trying to connect the dots

 

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The knowledge available is all fragmented and doesn't give you a well-defined framework and an overview of the entire journey

 
 
While there are tons of materials and knowledge freely available online about creating and growing a startup,most new and potential future entrepreneurs, startups and advisors don’t know how and where to start, what they should focus on, when to do what, and how to identify what’s relevant now and next. 
It's difficult to understand what available knowledge is relevant and how to put everything together.
 
Even among most of the people in the ecosystem supporting entrepreneurs have only partial understanding and limited experience on how to actually build a successful startup from nothing.

That's because it is hard to accumulate such knowledge and experience and it also takes long time, being also dependent on various sources to refer to when guiding others along the way.

The cost of not having a framework when starting a business or supporting a startup

 

It is necessary for startup ecosystems to have a common language and framework to describe, track, measure and guide entrepreneurship and innovation from an “Ideas to Products and into Growing Businesses” and from “Talent to Teams and to effective Organizations” in balanced manner.

When it comes to transferring entrepreneurship and startup knowledge, more transparency, common sense and efficiency is needed on how key knowledge is structured, connected and delivered.

If a clear and well-defined framework is not used, this can cause lot of problems further along on the startup journey.

You and your customers have probably invested tens or hundreds of thousands of euros for your projects. 
Investing on knowledge and on a framework is the best way to avoid common mistakes and to learn faster, otherwise:

Common Mistakes

You fall into the most common mistakes along the way that can be avoided

Waste of Time

Without a framework to follow you waste lot of time trying to "connect the dots"and to find the right knowledge

Waste of Money

Without a clear path to follow you waste lot of money and energy on attempts

Not Optimal Decision

The decisions you make could be not optimal in the long-term perspective and the actions could be not effective

Growth Academy online training helps you to:

 

  • Design good interventions for startups

  • Design rapid sustainable solutions

  • Reduce startup failure risks

  • Boost your startup ecosystem

  • Scale your support services

  • Improve your consulting methodology

  • Have an efficient toolkit

  • Have a proven and repeatable framework to increase the success of your customers

 

Our framework is based on the startup development phases

 

Growth Academy aims to minimize “reinventing the wheel”, by leveraging all the key knowledge captured by multiple serial entrepreneurs, mentors and advisors over the years, as well as best methodologies developed to various parts of building a successful innovative business and effective organization from nothing to success. 

 


Growth Academy modules:

  • Startup Journey 
  • Formation 
  • Validation
  • Scaling

 

+  Startup Ecosystems Development 

Growth Academy Structure

Module I: Startup Journey

  • General presentation about startup development phases: from formation, to validation, to scaling. Key points from each of the stages from various perspectives (entrepreneur, team member, mentor, investor etc.)
  • Key terminology: idea & innovation, entrepreneurship & startups
  • Key success & failure factors
  • Investors, valuation, advisors & mentors
  • How startup stages help in building a venture
  • How do investors and others view startups
  • How is value built and measured in various phases
  • Basic methods & tools
  • Additional tools & resources for self learning​

Module IB: Ecosystem Development

  • General presentation about startup development phases (from formation, to validation to scaling) specifically from the support role’s perspective.
  • Key terminology: idea & innovation, entrepreneurship & startups
  • Innovation megatrends
  • Why startups?
  • Startup as a category​
  • Understanding & mapping startup ecosystems
  • Public-private partnerships
  • Developing startup ecosystems
  • Maturity levels and measures for startup ecosystems
  • Measuring and Collecting valuable data​​​

Module II: Formation

  • Focus on the formation phase, which is the most crucial phase for co-founding team building
  • Preparing for the journey: what things to focus on and why?
  • Value of ideas & how to innovate more systematically
  • Building BIG visions, Measuring potential
  • Success & failure factors
  • Mission, Vision & Strategy
  • Co-founder team building
  • Shareholder agreement (SHA)
  • Idea / team & Problem / solution fit
  • Market timing and journey, planning in short & long term​
  • Funding options and strategies at this stage
  • ​Additional tools & resources for self learning

Module III: Validation

  • Focus on product/service build and validation phase, which is the most crucial phase for future revenue and profitability generation
  • What things to focus on and why?
  • Defining a product and MVP
  • Defining initial business model
  • Customer development and future prioritization
  • Extended team building and funding options
  • Validation metrics
  • Methods & tools
  • Additional tools & resources for self learning

Module IV: Scaling

  • Focus on scaling phase,  ​crucial phase for ​getting serious about building a real and scalable business
  • What things to focus on and why?
  • Business planning
  • Go to market strategies
  • Born global & internationalization
  • Scaling metrics (KPI’s)
  • Recruiting
  • Building processes
  • Funding options
  • Working with big companies
  • Methods & tools
  • Additional tools & resources for self learning​

"One of the most popular tracks of the Nokia Bridge program in Finland was the start-up program that provided introduction to people aiming to become entrepreneurs. Objective of the start-up track was to provide a very pragmatic, concrete and realistic input and guidance. The program was well received by the participants and met / exceeded our expectations in terms of content."

​Matti Vänskä
​Global Head of Nokia Bridge program

"I have worked with Startup Commons for many years. During this time I have developed a lot of trust in the company and its leaders. They are extremely competent and experienced both in business and education. Startup Commons is very skilled in making material extremely clear and actionable. The company is also able to position the material in a larger business and societal context, including business models and international dimensions. The student feedback has been excellent."

Liisa Välikangas
Hanken School of Economics​

"We have used Growth Academy in Newco Helsinki startup services to make sure our startup advisors have a common understanding of startup ecosystem building and our role in it. We as advisors find it very useful to recognize best practices to ensure we all share the same opinion and methods when working in a direct operative support function as we do. In addition to work as a professional team with different stages of startups in a systematic manner."

Ari Seppänen
Startup Advisor

Testimonial: Confederation of Agriculture and Livestock of Brazil ( CNA - Confederação da Agricultura e Pecuária do Brasil ).

 

Why we do so?

Our mission & vision

 

Our mission is to scale innovation & entrepreneurship education because we believe that it's one of the most positive and powerful drivers of growth in economic development to push societies forward.

The growth and success of any ecosystem is dependent of constant flow of new people entering the ecosystems, navigating it successfully and effectively utilizing what is available and/or contributing to what is needed the most.


To do this effectively, we need: 

  • An effective and scalable approach with shared tools and practices to educate, train and support new people entering local ecosystems about various perspectives of innovation entrepreneurship, how successful startups are created and scaled up. 
  • And matching training for support organization personnel and policymakers on how innovation entrepreneurship, startups and scaleups are best supported.


We don't believe on the myth that most entrepreneurial growth is purely organic, simply growing spontaneously from random interactions between people with creative ideas - as such approach would not apply to any other serious initiative or skills needed either. 

Just imagine if airplane pilots would be expected to learn like entrepreneurs, would you fly with an airline that relies on such education for their pilots? Or if airports would be operated like many local ecosystems are today - how annoyed would you be navigating such airport?. 

We hope this analogy helps all of us to understand how much we can do to help improve.

 

 

Our expertise: 10+ years of startup ecosystems development

Our expertise is to scale innovation & entrepreneurship education to develop startup ecosystems.

You can learn more about our approach in this video at DOKU: TECH event:

"Raising ecosystems from the ground up - Valto Loikkanen: Startup Ecosystem Expert, Senior Advisor, Founder & CEO of Grow VC Group "

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