If you’re a startup you may been wondering how Le Camping selection process works and what goes on behind the scenes of this community-based accelerator.
Le Camping opened applications for Season 4 34 days ago. D-5 !
During this application period, many startups came to Le Camping to learn more about the program and experience the environment that makes it so unique. About 100 entrepreneurs came to Le Camping to attend the Insiders Sessions that have been going on since December.
Great entrepreneurs in complementary teams:
** Ready to execute a brilliant idea, hand in hand with users
** Able to listen and use Le Camping’s pool of mentors and experts,
** Capable of understanding the meaning and value of a growing community.
Thirty of Le Camping’s mentors and experts, and also Campers from seasons 1, 2 and 3, are assigned relevant applications based on their expertise and skills. Many are entrepreneurs, some are investors and others are experts in a particular field. This wide variety of skills makes for an excellent panel of evaluators.
Each application is reviewed by at least 3 evaluators and rated on a 6-star system based on 3 main criteria: team, product, innovation. Evaluators add comments for the teams in order to provide feedback. In the end, 50 applications remain…!
Each team is scheduled for a video conference interview with a panel of 5 people. We spend time learning about the team and understanding how they view their project.
It’s not about the idea, but rather about the team, their vision and their fit with Le Camping.
From this phase, only 24 teams are retained.
With participation from mentors, experts and partners, the panel of 8 evaluators becomes even more diverse. The teams pitch and demo for 8 minutes.
The pitch is followed by a Q&A session with the team that helps us learn more about the project and clarify any unclear points.
In addition, it’s the best time to feel the people. We like motivation, excitement, passion and contribution. If it’s the right fit, then the team moves into the big leagues. The 12 selected teams have a chance to make history as Le Camping’s fourth class.
We thank all the participants for the trust they have put in us !
Le Camping Team