SCRUM
PROGRAM
SCRUM Program Overview
X-HUB TOKYO is a platform that connects Tokyo and the global innovation ecosystem to accelerate startups that will pioneer a new era. The SCRUM PROGRAM will provide startups in Tokyo aiming to expand overseas of their overseas expansion with support in acquiring the marketing knowledge necessary for overseas expansion and testing of a business model hypothesis , as well as opportunities to pitch to overseas VCs.
- Duration
- About 5 days from December 2024 to March 2025
*Each program takes about half a day
- Course Fees
- Free of Charge (transportation expenses are to be borne by each participant)
- Target Startups
- Startups that have been interested in overseas expansion and are planning to start overseas operations in the near future.
*The program will be meaningful for startups that have already started considering overseas expansion and have a clear idea of the countries/regions they wish to operate in and the issues they need to address.
Program merit
The instructor for the common session
Co-founder and Technical Director,
INDEE Japan
INDEE Singapore Director
Mr. Shingo Tsuda
Co-founded INDEE Japan, an accelerator for innovation projects after R&D experience at IBM. Also co-founded XVC, a hands-on seed accelerator mainly focusing on DeepTech startups. Extensive hands-on mentoring and business development experience.
Program content
Common Session
Lectures and workshops on steps necessary for overseas expansion and marketing techniques for making business hypotheses for overseas expansion.
- WorkshopⅠ
Hypothesis making and market
research for overseas expansion -
- ・Learning the overall picture, benefits and objectives, and pitfalls of overseas expansion
- ・Conducting a workshop on creating an overseas business hypothesis through conceptualization of a value chain
- ・Learning market research methods necessary to create the business hypothesis
- WorkshopⅡ
Hypothesis refinement and English
pitches -
- ・Conducting a workshop on the business model hypothesis refined through the market research
- ・Learning techniques on English pitches for actual overseas activities
- WorkshopⅢ
Refinement of pitches and plan
making -
- ・Conducting a workshop on refining English pitches through presentations and feedback
- ・Crafting policies to test overseas the business model hypothesis created up to the Workshop II
- Speaker
- Mr. Shingo Tsuda
Individual Session
Mentoring by experienced business professionals and pitching to overseas VCs to refine your hypothesis and pitch.
- Mentoring from
mentors assigned to
each startups -
Individual mentoring support from mentors
- ・Refining the business model hypotheses developed in the common session
- ・Improving pitch decks to deliver effective presentations internationally
- Individual mentoring
by overseas VCs - Mentoring from overseas VCs, including feedback on business models, etc., based on the pitch refined through the above mentoring.
Social Events
Networking opportunities, including an online event with overseas startups and an in-person event with overseas VCs.
- In-person networking event with
overseas VCs - Introduction of market overview of each region/country
・Introductions by overseas VCs on market overviews in their respective regions/countries of expertise
Presentation by participating startups
・Presentations by participating startups to overseas VCs on their business plans, etc., which they have brushed up through the program
Networking opportunities with overseas VCs
- Networking event with
overseas startups - Roundtable discussion to exchange opinions with overseas startups
Overseas VCs (Last year)
*Overseas VCs to be invited this year may be different from last year
-
North America
Entrepreneurs Roundtable Accelerator
Murat
AktihanogluCo-founder and Managing Partner of Remarkable Ventures, ERA and ERA Global, entrepreneur and author. ERA and Remarkable Ventures has350+ investments since 2011, primarily in the areas of technology and climate change. ERA Global works with government agencies in major countries around the world and is the Tokyo Global Ambassador.
-
North America
Longevity Capital
Kate Batz
Managing Partner of Longevity Capital, and a co-founder and CEO of FemTech Analytics. After a career as a corporate attorney, she joined Longevity Capital (part ofDeep Knowledge Group), which specializes in investments focused on the longevity industry.
-
Europe
Blue Pelican Capital
Mevin
KISTNASSAMYVenture capitalist and former energy executive with over 20 years of management and investment expertise in the marine and energy industry. Mevin is the co-founder of Blue Pelican Capital, a climate advisory and investment firm focused on leveraging its sector expertise and its global, energy focused, operational and investment network to create growth opportunities for emerging industrial technologies and solutions.
-
Southeast Asia
Golden Gate Ventures
Jeffrey Paine
Managing Partner of Golden Gate Ventures, a Singapore-based company that supports startups in Southeast Asia in a wide range of fields. He is also a data scientist with expertise in AI and other technologies.
-
Southeast Asia
Monk’s Hill Ventures
Arun Pai
Arun is a Principal at Monk’s Hill Ventures, based in Singapore with over 17 years of experience in Investment Banking (Lehman Brothers & Nomura) and Tech start-ups (Kristal.AI & Flow). Arun graduated magna cum laude with a Bachelor of Science degree in Electrical Engineering from Georgia Institute of Technology. He is a frequent panelist and speaker at a number of conferences and appears regularly on MoneyFM to provide market insights; he satisfies his didactic nature by being a Training Consultant at Fintech Academy.
Comments from the Last Year’s Participants
Last year, a total of 15 startups in Tokyo participated in the program. For comments and impressions from
the participating startups, please click on the link to read the interview articles.
Program Schedule (Tentative)
※2 In principle, participation in all programs is required. Individual work time outside of program hours may be required to brush up on business hypotheses and pitches.
※3 The common session and social event will be a half-day program in a group format each day.
※4 The individual session will be a program (about 1 hour) for each participating startup after scheduling with mentors and overseas VCs.
※5 In principle, participating in the results debriefing (scheduled for March) is required as well.
About application
- Eligibility
-
- The applicant must be a corporation located in Tokyo (including businesses that have a branch, sales office, or other business location in Tokyo).
- Must have been in business for approximately 10 years or less
- Must be a privately held company
- In principle, must not have overseas offices or subsidiaries, and is aiming to expand overseas in the future.
- Program participant must be able to communicate with overseas entities in English
- In principle, must be able to participate in all programs.
- Program participants must be a manager, a person with decision-making authority over management, or a person responsible for overseas expansion.
- Must be able to participate in an online interview if pass the initial screening
- Must be able to report the results of the project to the secretariat and participate in hearings to ascertain the results of the project.
- Please note that the following cases will be excluded from the screening process
- If the applicant violates or is likely to violate laws or ordinances or public order and morals
- If the contents of the application are incomplete
- If the applicant provides false information in the application or otherwise makes a false declaration to the Management Office
- If the applicant is involved with antisocial forces or related parties
- If the applicant has been involved in fraud or other incidents in the past with respect to projects conducted by the national government, prefectural government, ward, city, town, or village government, etc.
- If the applicant is engaged in a type of business that is deemed inappropriate as a recipient of public funds, such as chain sales, negative options, hypnosis, or psychic sales.
- Application Process
- Please prepare the following documents, fill out the entry sheet on the X-HUB TOKYO web page, and upload the submitted documents.
All materials must be submitted in Japanese.- Required Submissions
- Related Materials : Please prepare the following materials in the specified format and upload the materials to the entry sheet page.
-
Pitch Materials (PDF, about 10 pages of slides)
- ※They will be used during the second screening interview. The following must be included in your materials
- Hypotheses and proposed plans for business development in the regions/countries envisaged
- Internal structure for overseas expansion
- Goals to be achieved in this program
-
Company Logo (PNG format, 600x600px minimum)
-
- Application
Deadline Friday, August 9, 2024, 5:00 p.m.
Friday, August 23, 2024, 5:00 p.m.
- Application Process
-
Screening and Adoption
- Number of
adopted companies - Approx. 15 companies
- Screening
- The screening committee, consisting of outside experts, will review and adopt the proposals based on the screening criteria.
Adopted startups will be announced on the website of the Management Office. The Management Office will also notify all applicants of the results.
In order to select startups that meet the objectives of the program, the following screening criteria will be used.- Overseas Market Potential
- Feasibility of overseas expansion
- Enthusiasm for overseas expansion and willingness to participate in programs
- Schedule of Screening
(Tentative) - Screening: Initial screening (document review) : Late August – early September 2024
Second screening(online interview) : October 9 or 10, 2024*Companies that pass the initial screening will be invited for an online interview by an external reviewer. The schedule for the online interview screening will be notified to the companies that pass the initial screening.Notification of the results of the initial screening : Mid-September 2024 (tentative)
We will not respond to any inquiries regarding the screening process or results.
If the TMG deems an applicant to be inappropriate as a participant in the program, the applicant may be asked to withdraw from the program.
The TMG will determine the screening and selection of the program.