3 DAY STARTUP PORTO
POWERED BY EIT HEALTH’S INNOVATION DAYS
November 16-18, 2018 @ Porto Business School
3 Day Startup is a 72-hour learning-by-doing campus workshop that teaches entrepreneurial skills to university students in an extreme hands-on environment.
WHAT HAPPENS AT A 3DS PROGRAM?
Orientation: Participating students meet, get introduced to key entrepreneurship principles, and learn best practices for maximizing the 3 Day Startup program experience.
Day 1: Participants arrive – with or without startup ideas – and a facilitator leads the group through dedicated brainstorming, preliminary pitches/feedback, and team selection modules. Some teams work late into the night and others prefer to rest up in preparation for day 2.
Day 2: Customer discovery (teams exit the building or hit the phones and talk to potential customers), structured mentorship, intermediate pitches and feedback sessions. Day 2 places heavy emphasis on business model generation.
Day 3: Continued execution (including pitch workshops) leading into final pitches/demos to an esteemed panel of mentors and investors.
DEADLINE EXTENDED: Wednesday, November 14th @ 11:59pm
The program is free. 3DS is open to grad and undergrad students of all years, majors, and experience levels. Admissions are rolling, so please apply ASAP to increase your chances of participating.
FREQUENTLY ASKED QUESTIONS
What does the weekend look like? You and 39 other students will start a technology company over the course of three days. We rent work space for a 3 days, invite 40 students with a wide range of backgrounds, cater food, drinks, snacks, and coffee, pick the best ideas for a startup during the Friday brainstorming session, and release a minimal prototype by the end of day 3. The goal is to build enough momentum among a network of motivated people to sustain the company beyond the weekend.
If I participate, what do I get out of the weekend? The worst case scenario is that you will work with brilliant people from numerous disciplines toward the common goal of building real companies and products. Great connections happen: cofounders meet, complementary skill sets collide, and friends are made. The best case scenario is that you will be a cofounder of a wildly successful new tech startup.
I’m a student majoring in X. Should I even consider applying? The short answer is: yes. Our past participants have spanned everything from a freshman in psychology to a freshly minted PhD in Neuroscience. If you’re at all passionate about startups and technology, it is likely that you will be a valuable participant.
Can I apply even though I am not a student? Absolutely. While the majority will be students, we are definitely open to having some (very strong) non student participants.
What kind of ideas are allowed? Ideas with scalable business models are strongly preferred. You can pitch an idea ranging from a cookie company, nonprofit, sustainable water organization, or health-oriented tech based startup. Our selection criteria for ideas are (1) your amount of passion and (2) the amount of research on your own idea that you perform before your interview.
What about food? Sleep? UPorto caters all meals, drinks, and in-between snacks. Sleep is optional. Participants can bring a sleeping bag, or they can go home to rest.
What is your rate of success? First of all, check out some of the companies that have been started by graduates of 3 Day Startup here. Our main metric for success is how many of our alumni found companies that take investment, generate revenue or enter incubators. It is common to hear the word “startup” get thrown around. When we say startup, we mean the real thing: companies that are making money or taking investment. Per program, 3 Day Startup result in more successful startups than any other weekend entrepreneurship event. We have run 130+ programs in the US and internationally, and those have given rise to 79 companies that have cumulatively received over $79 million in funding. 29 companies from 3DS have been accepted to accelerators such as Y Combinator, Tech Stars, 500 Startups, Capital Factory, Austin Technology Incubator and Dreamit Ventures. On average, each 3 Day Startup program has generated more than one successful startup. This includes programs in mature and nascent university entrepreneurship ecosystems. More FAQs here.
How big is EIT Health I-Days network and support? If your idea is in the health and well-being sector, EIT Health’s Innovation days are targeted to the development of your business model. The i-Day will use problems and ideas in healthy living and active aging sourced from the EIT Health Accelerator and Innovation Project pillars, and from students, local public organisations and private corporations to feed the programme. Building on experience from 2016 and 2017, the Innovation Days will take place in 18 locations with the collaboration of 26 EIT Health partners across all seven EIT Health CLCs in 2018. The i-Days are conceived as a first step for students on the health innovation pathway. They will encourage hundreds of students across European CLCs to join the EIT Health network. More information here.
3 DAY STARTUP
Founded by a group of cross-disciplinary students frustrated with the unexpressed potential for startups in the university environment, the initial 3 Day Startup program took place at the University of Texas in 2008. That inaugural program gave rise to Famigo, the first of many 3DS companies to raise venture capital and release a successful product. The student organization incorporated as a nonprofit in 2010 and began expansion to universities across the globe. While early programs focused on strictly technology and web-enabled startups, demand has led the team to expand the program to function across broader entrepreneurial endeavors. Schools have hosted 3DS programs focused on themes such as social innovation, energy, culinary, hardware, and more.
Foregoing a grant-supported model, the founders developed an earned-revenues strategy—3DS charges universities, governments, and corporations to deliver programs—which allowed the organization to grow in a scalable and sustainable way while preserving mission autonomy. Running 3DS as a successful business operation keeps entrepreneurship in the organizational DNA and allows the organization to remain faithful to the philosophy of learning-by-doing.
The idea is simple: start technology companies over a period of 3 days. The aim is that the winner group of motivated people gets the right pace to sustain much beyond a mere end-of-week. A lot of work, a lot of caffeine and above all, eager to learn and to launch an innovative business.
The Vision is make entrepreneurship ubiquitous at the university level. The Mission is kick start new student-run companies and build entrepreneurial capabilities in students and their university communities.
EIT HEALTH & INNOVATION DAYS
The European Institute of Innovation & Technology (EIT) Health promotes healthy living, active aging and improvements in healthcare. The EIT Health network is one of the strongest healthcare communities worldwide, composed of research-intensive companies, elite universities, innovative health, and care providers.
The Innovation Days (i-Days) is an event supported by the EIT Health. It promotes health innovation among Undergraduate and Postgraduate students from any background with an interest in health innovation, boost entrepreneurial spirit and kick-start health innovation. No prior experience is needed. For the EITH Health Innovation Days in Porto we are looking for disruptive business models to combat active aging. The University of Porto is organizing, as a member of EIT Health, EIT Health’s Innovation days in Porto.
StartUp BUZZ is an organization dedicated to promoting entrepreneurship and inspire young people to adopt a bold attitude facing a world full of opportunities. Our activity is based on six guiding principles: integrity, dedication, innovation, teamwork, transparency and trust. This organization was created by students, for students. Our members are characterized by their creativity, ambition and commitment with the projects in which they participate. Beyond that they have a deep theoretical basis and a voracious practical component, which allows them to provide inputs of great value to the community. Our main goal is to help young college students to boost their ideas and shape them to assert themselves as true business opportunities. In order for this to happen, we provide creative monitoring sessions, supported by innovative methodologies. At the same time, we organize events guided by an environment that promotes innovation and networking, in order to foster entrepreneurship within and outside the college. In these are involved our stakeholders and our contact list, which includes alumni, entrepreneurs, professionals and other academic organizations. Our commitment is to maintain, throughout our journey, a committed and irreverent attitude face to the challenges of a world on the rise. StartUp BUZZ will always be where there is someone willing to change it!
U.Porto Innovation was created in 2004 with the purpose of supporting the University’s innovation value chain by fostering the transfer of knowledge and reinforcing the bond between the University and businesses. With over 10 years of experience, U.Porto Innovation focuses its activities on research at the University, entrepreneurship within the academic community and U.Porto’s growing connections with industry. This office of the University of Porto has been active in supporting entrepreneurship in recent years, with a particular focus on getting ideas from academia to the business world, of which the iUP25K and Business Ignition Programme are examples.
Christian Taveira (25) has an MSc in Pharmaceutical Sciences, is passionate about Entrepreneurship and has dedicated the last few years supporting and helping other students and entrepreneurs developing their ideas and dreams. His path started in 2009 and since then, he made part of several national and international Organizations and has been involved in the organization of several congresses and conferences. In 2011 he joined FAP as the first responsible for the Entrepreneurship Department, organized several entrepreneurship events and participate as a speaker in a few other. He was the Chairperson of the 1st Edition of the 3 Day Startup Porto, which he considers one of the most shining moments of his work and a changing-life experience. Because of this, he continues to make the effort to attend every Edition as a Mentor. Despite his background in Healthcare, he is really fascinated for business and management and he is developing a career in the Pharmaceutical Industry. Besides that, he has been developing his own project (with the support of UPTEC) and is one of the Co-founders of DIAPOTEK, a project in the healthcare sector. In the middle of all these projects, he doesn’t forget his roots and continues supporting the projects from 3DS.
Alexandre Alves holds a Master’s degree in Management from the Catholic Porto Business School. He is alumni of StartUp BUZZ, having been a member of the external relations department and director of operations and human resources department. He currently works as a Commercial Director at Cardio-On, a startup in the Medtech industry.
THANKS TO OUR HOST & SPONSORS
CONTACT THE LOCAL ORGANIZING TEAM
For questions about the Porto program or sponsorship inquiries, please email our lead organizer Diogo Costa at firstname.lastname@example.org
Porto Business School
Av. Fabril do Norte 425, 4460-314 Sra. da Hora, Portugal
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