Helping Startups Is Our Passion

SpinLab – The HHL Accelerator supports entrepreneurial teams in growing and creating innovative businesses. Our mission is to foster entrepreneurship and innovation in the center of Germany and beyond by providing hands-on guidance to startups and spin-offs. Entrepreneurial teams remain independent – we won’t do your job for you – but we can help you to achieve incredible results through our tailored program.

To this end we provide (co-working) office space at SPINNEREI (Leipzig’s Cotton Mill), an internationally renowned venue for arts, culture and business. Our technology partners are able to provide key resources to help you make your ideas a reality. Highly-motivated coaches and mentors share their know-how and experience as part of our interactive program using team discussions, seminars, workshops and other formats.

We’ll help connect you with Venture Capital and Business Angels

We share our extensive network of venture capital investors, experienced entrepreneurs and industry and technology experts with you. You won’t be alone in your quest to find financial help fund your operations.

Our Program is Free for Startups

SpinLab does not charge anything and takes no equity share. As long as you have a great idea, passion for your dreams, and a great team, we invite you to apply to our program.

CORE FEATURES

Coaching & Mentoring

Financing & Venture Capital

Network & Events

Co-Working

Technology Access & Deals

Internationalization

Recruiting

Our offer for startups

Coaching & Mentoring

We connect you with great hands-on coaches and mentors with experience in your industry and in technology in general. Our mentors are well-known experts who support you strategically during the program and help you to solve concrete technical or managerial problems.

Next to coaching & mentoring we offer a wide range of workshops during the program. Workshops (including Pitch Trainings) take place from one to three times a week while the first two weeks are very extensive.

SpinLab Workshops Overview   
1) Vision & BasicsVision & Strategy:
- From Vision to Mission to Strategy
- Product roadmap
- Brand creation
Basics & Essentials:
- Tax & legal Checkup
- Intensive Pitch Trainings
2) DeliveryTechnology:
- IT Security
- IT Testing
- Web Services
Marketing, Sales, PR:
- UX Design + UX Testing
- Buyer Personas
- Customer Success
- Sales, Pricing
- Social Media, PR
3) BackofficeInvestment:
- Investor Relations
- Office Hours with VC
- VC Contract Clauses
Finance:
- Due Diligence
- ESOP
- Valuation
- Term Sheet
Leadership & HR:
- Recruiting (in IT)
- Scaling
- Leadership & Personal Development

Financing & Venture Capital


Each team accepted into our program will get an award of 6000 Euros (without giving us equity) directly from the SpinLab. This will help with covering your living and traveling costs in Leipzig. Furthermore, startups in our program, who are not yet based in Leipzig, that choose to expand operations to Leipzig, or relocate here entirely, will receive an additional 4000 Euros. Startups in our program are eligible to compete for two awards, the Best Investors Day pitch and the Most Sustainable Idea, each award is for 5000 Euros, and it is possible that one startup can win both awards. These awards and bonuses are all thanks to our cooperation with the City of Leipzig.

Lastly, there is one more award for the Fastest User Growth while in the program. This is valued at 5000 Euros from our partner MADSACK Media Group. This award is not directly funded, but it is issued as budget for specific media efforts with MADSACK.

AwardAmountFrom Who?Which Startup Gets It?
SpinLab Grant6000 EurosSpinLabAll accepted startups
Leipzig Award4000 EurosCity of LeipzigAll startups who move to, or open an entity in Leipzig
Best Investors Day Pitch Award5000 EurosCity of LeipzigOne startup per class
Most Sustainable Idea Award5000 EurosCity of LeipzigOne startup per class
Fast User Growth Award5000 EurosMADSACK Media GroupOne startup per class

We cooperate with many German and international business angels and venture capital funds as well as providers of public subsidies. Our program includes a final demo day where all startups can pitch their ideas in front of dozens of investors.

Furthermore, for each class we host the HHL SpinLab Investors Day, which is an all day event hosted at one of Leipzig’s premier locations (changes per each class), where investors from around the region are invited to be educated on the latest trends and updates in the investment scene. All startups in each class will also pitch at the event, with hopes of acquiring new possible investment opportunities.

Network & Events

We share our extensive network of entrepreneurs, managers of established companies, investors, business experts and leading universities both on a national and international level. Startups can attend weekly events and workshops. Furthermore, we take you to major trade fairs.

Take a look at our partner companies: spinlab.co/partner and our mentor network: spinlab.co/people

At the beginning of the 6 months program, during the “Mentors Day” you will pitch in front our our mentor network. Towards the end of the program, you will pitch in front of our investor network at the Investors Day (Demo Day).

The SpinLab is involved in the following initiatives:

Bitkom
BVMW
de:hub
futureSAX
Invest Region Leipzig
IQ Innovationspreis Mitteldeutschland
Unternehmerverband Sachsen
Händlerbund
Smart Infrastructure Hub
Startup Mitteldeutschland
Tech Open Air

Besides the aforementioned activities, we also co-organize the Startup Safary Leipzig, a local day of open doors for the whole startup ecosystem including startups, investors, hubs and service providers with more than 250 visitors.

Co-Working

We offer a 750 square meter co-working office with separated meeting rooms, a kitchen and a huge recreation area. Additionally, for startups that finish our programs, we offer a 900 square meter coworking facility where our alumni startups can rent working space, and get up and running immediately following the program. Not in a dull office building as you would imagine, but in the creative environment of the famous SPINNEREI next to many inspiring people. After the program you can get offices close to the SpinLab.

Additionally our startups are an official part of the Digital Hub Initiative and one of the benefits is having free access for one or two days various co-working spaces across the twelve official hubs in Germany.

Technology Access & Deals

Our partners offer free access to many required technologies such as software and cloud solutions as well as many services. Many offers can be used even after our 6-month program. This is a list of special deals we offer to those accepted into our accelerator program:

Amazon Web Services Up to $100.000 in AWS credits
BizSpark Plus Up to $120.000 in cloud credits and software
Fischer druck & medien Discounted Started Packages
Foundersuite 6 months free of charge
Lecturio Logo Lecturio 6 months free of charge
Pipedrive Logo Pipedrive 9 Months free of charge
Position.ly Logo Position.ly 6 Months free of charge
Sage One Logo Sage One 1€ per month for the first 6 months
HubSpot Logo HubSpot Up to 90% off for the first year of service

Internationalization

Some of our internationally experienced mentors provide a variety of workshops and contacts for our startups. Furthermore, we offer an exchange program with three international accelerator programs. SpinLumni have the option to participate in partner programs in Santa Ana, CA, USA, Tel Aviv, Israel, or Valapariso, Chile for up to one month. Financial assistance to participate may even be available in certain situations.

Herzliya Accelerator Center
(Israel)
Chrysalis – PUCV
(Chile)
Digital media center logo  Digital Media Center
(USA)
 International Universities Innovation Alliance
(China)

Recruiting

We advertise and collect applications from experts in IT development, business development, marketing and sales including interns and full-time positions, and because of our diverse community, we are often able to offer positions in both German and English. Through our job portal, we actively share high-potential candidates within our network and by that we successfully linked many candidates and our startups in the past. Our career network is one of the fastest growing ones in the city of Leipzig, and most prominent.

HHL Certificate

Startups in our program that attend at least 75% of all scheduled workshops will receive an official certificate of completion from the HHL Leipzig Graduate School of Management.

Our offer for established businesses

Together with HHL Leipzig Graduate School of Management we offer established companies the possibility to develop new business models with the support of students, academic staff and external experts within the so-called Innovation Lab. This enables companies to get new insights and to get ideas out of the box and not limited within company borders. After identifying promising business concepts, these mixed teams can further develop them in “SpinLab – The HHL Accelerator”.

Incumbents can afterwards decide how to integrate these new business concepts into their existing business as a project team, spin-off or as an independent startup.

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