About the FOC Accelerator
The FOC Accelerator recruits best of breed international startups, who have been selected by their regional international entities (government, university, state, bio cluster) as top-tier/elite to come to FOC for a fundraising and partnership immersion course followed by getting wired into RESI conferences, the Global Family Office Bio-Forum/Angel Network and the LSN partner network.
Over the past decade other Boston based international accelerators and incubators are essentially offering “Venture Tourism,” using the Boston life science hub brand to plug their clients into the Boston/Cambridge life science player infrastructure and help with pitch decks. They have a lineup of mentors and investors who provide coaching and instruction on how navigate a fundraise. These incubators and accelerators scratch the surface of what really needs to be done, which is:
![Our Story image](https://www.focaccelerator.com/wp-content/uploads/2019/01/Our-Story-image.jpg)
Get a standard format which all the companies adhere to when presenting their firms. This includes a tagline, elevator pitch, one-page datasheet, two-page exec summary (the story), 10-12-slide pitch deck, website, It’s a lot more than a cursory presentation.
Get the companies prepared for a global fundraise by getting a comprehensive list of investors and partners that are a fit for their technology and stage of development. This Global Target List (GTL) is extremely hard to develop and, if they try and do it on their own, is tedious, time consuming and can include very poor, inadequate, out-of-date results. Because LSN curates a global investor and partnering database, we can deliver a current, accurate, and complete GTL with just a few clicks.
Teach the company execs how to do rudimentary sales and marketing by executing phone and email canvassing campaigns to set up conference calls and face-to-face meetings.
Train company execs on how to use a CRM like salesforce.com to manage their partner list and campaign activities.
Get them to global RESI conferences so that they can form relationships with cross-border partners seeking technology assets for their pipelines and portfolios
Using the LSN global partner network and RESI conference series, company executives should be able to move from a handful of meetings a year to 12-16 every few months. Since fundraising is essentially a numbers game, success is much more likely, as RESI has already proven its distinct value by helping over 350 companies raise over $500mm in the last several years.
The FOC Accelerator is not “Venture Tourism” but “Cross-Border Global Partner Relationship-Building for Capital Allocations”