3 DAY STARTUP NAIT*
Construction and Trade
December 2-4 @ NAIT Spartan Building
3 Day Startup is a 72-hour learning-by-doing campus workshop that teaches entrepreneurial skills in an extreme hands-on environment. The idea is simple: start a company over the course of three days.
*By participating in 3 Day Startup NAIT, you will also be eligible to participate in subsequent workshops to further your new venture. Workshops are exclusively for participants of the 3 Day Startup bootcamps.
WHAT HAPPENS AT A 3DS PROGRAM?
Bootcamp (November 29th): Participating students meet, are 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: November 22nd
The program is free but you must apply to get in.
3DS NAIT is open to diploma, degree, and trade students/alumni of all years, majors, and experience levels.
FREQUENTLY ASKED QUESTIONS
What does the weekend look like? You and 30-50 other students will start a company over the course of three days. We provide work space for 3 days; invite entrepreneurs with a wide range of backgrounds, cater food, drinks, snacks, and coffee; pick the best idea 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 at 3 Day Startup: cofounders meet, complimentary skill sets collide, and friends are made. The best case scenario is that you will be a cofounder of a wildly successful new 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 an apprentice in trade to a freshly minted BBA. 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. 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? 3DS programs cater all meals, drinks, and in-between snacks. Sleep is optional.
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 produces more successful startups than any other weekend entrepreneurship event. We have run 130+ programs around the world, and those have given rise to 79 companies that have collectively raised over $49 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, every 3 Day Startup program generates more than one successful startup. This includes programs in mature and nascent university entrepreneurship ecosystems. More FAQs here.
THANKS TO OUR HOST & SPONSOR
CONTACT THE LOCAL ORGANIZING TEAM
For questions about the NAIT program, please email NewVenture@nait.ca
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