Meet Lloyd Hopkins, One of the 6 ASU Venture’s Founders in the API2X Summer Accelerator

Meet Lloyd Hopkins, One of the 6 ASU Venture’s Founders in the API2X Summer Accelerator

For five weeks now, six ASU startups have been going through an intense entrepreneurial training. In joining the 8-week summer accelerator program, Arizona Prosperity Initiative 2X, API2X for short, at Skysong, they are taking a deep dive into their business and financial modeling, applying their learning as they go, and walking step-by-step their critical path. It will be a fierce Pitch Day on July 5! Throughout the summer, we will feature one of the ventures we are proud to collaborate with. This week, let’s meet Lloyd Hopkins, founder of Million Dollar Teacher Project, a not-for-profit organization. Million Dollar Teacher Project is making a difference in every classroom.  Their community based solutions create a positive environment within the school to inspire, motivate and attract amazing teachers committed to helping every student reach their potential. Lloyd, what is your background? I have been in the Phoenix area for over 20 years by way of Dallas/Fort Worth Texas.  I attended Maryvale High School on the West Side of Phoenix and graduated from Arizona State University with a degree in Nonprofit Leadership and Management May 2016.   Why did you start a non-profit organization? I have been working in the nonprofit sector for 17 years.  The majority of my work has revolved around education in different capacities.  I have spent time in the classroom as a teacher’s assistant, I have worked with organizations trying to reduce the dropout rate and combat the crisis of disconnected youth in the valley.  My desire to branch out on my own and create a nonprofit organization stemmed from my frustration with the education system as first a...

Meet Tyler Fellman, One of the 6 ASU Venture’s Founders in the API2X Summer Accelerator

On May 16, 2017 six ASU tech startups joined the inaugural 8-week summer accelerator program, Arizona Prosperity Initiative 2X, API2X for short, at Skysong. API2X takes founders from MVP to VC, walking them through each step to find their critical path to traction with in-depth, bi-weekly business and financial modeling, applied learning projects and 1:1 mentoring. Their intense entrepreneurial training will be tested on Pitch Day on July 5, when each entrepreneur will pitch their innovation in front of a panel of experts. Six more weeks to go! Throughout the summer, we will feature one of the ventures we are proud to collaborate with. This week, let’s meet Tyler Fellman, founder of Fellman Watch Co. Fellman Watch Co. is a startup company specializing in wristwatches designed for outdoor elements. Sourcing directly from the manufacturer, Fellman Watch Co. assembles in the US for high quality control and incorporates elements from luxury watches at an affordable price. Don’t miss out on the exclusive deals only available through Kickstarter, which will end on June 10! BACK THIS PROJECT NOW Tyler, what is your tech background? I have a technical background and a Mechanical Engineering degree from ASU. Through university and after graduation, I worked in the aerospace field. Most recently I was and engineer at Raytheon until I returned to ASU to pursue an MBA and MSE in Systems Engineering. In parallel to returning to university, I launched Fellman Design and Enterprises and our flagship product, Fellman Watch Co.   Why did you start a watch line? Something was missing. It started as a project four years ago when I could not...

How We Select Startup Companies For API10X Accelerator

APPLICATIONS ARE NOW OPEN FOR 2017 API10X It is always exciting to create new success stories. Selecting the cohort of second-stage startup companies for the API10X is a bitter-sweet process. As exhilarating as it is to hear passionate founders share their dream, we will take only the ones with the most traction, most experienced teams, most advanced products, etc., making the selection not so easy. APPLY NOW! Here is how we run the selection process in five steps: 1. Application: All startups must apply online. At this stage, second-stage startup companies provide information about their company, their team, the problem, their solutions, etc. This is the first contact between the entrepreneurs and API10X accelerator, the first opportunity for our advisors to ‘meet’ you. You have only one chance to make a great first impression. Play To Win! Tips: To be taken seriously, fill out the form like a professional Be sure to fill all of the form Be concise and concrete. We want the right information about you and your team, not a sales pitch. Don’t lie Use all your media resources: video, social media links, websites, etc. Yes, we will click on founders’ profiles. 2. Interview: If you get to this stage it is because we have an interest in you. This interview is to magnify the information from the form and give you the opportunity to clarify certain points. We want to know more about you and your team, where you are at and what you are looking for. These interviews are a 20-min phone call with the team.  Some of the questions are: What is your company?...

Applications are open for API10X

Creating Startup Success Stories in Phoenix New accelerator program now open to Phoenix startups with access up to $250,000, 0% loan. Scaling a business is much harder than starting a business. Nine out of ten startups will fail. This is a hard and dreary truth. Cold statistics like these are not intended to discourage entrepreneurs, but to encourage them to work smarter. A good product and a strong technical team are not a guarantee of a success story. Founders should not ignore the business process and issues of critical path because it is not their expertise. It can eventually deprive them from any future in that startup. API10X – Advanced Accelerator Program Scaling a business is much harder than starting a business. Nine out of ten startups will fail. This is a hard and dreary truth. Cold statistics like these are not intended to discourage entrepreneurs, but to encourage them to work smarter. A good product and a strong technical team are not a guarantee of a success story. Founders should not ignore the business process and issues of critical path because it is not their expertise. It can eventually deprive them from any future in that startup. The Arizona Prosperity Initiative (API) was strategically engineered to level up the Phoenix startup ecosystem from within. What if startups could use a team of experts to solve their business challenges, followed by 12 weeks of mentorship without giving up shares of their company? LEARN MORE APPLY NOW Early stage startups’ founders have to wear many hats: sales, finance, planning and execution. At the same time, thought has to be put...