Entrepreneur in Residence, Beam
Fixed Term Contract
Logistics startup builder
Open for applications
Logistics startup builder
1-20 employees
Open for applications
1-20 employees
Company mission
Beam's mission is to launch stellar software startups!
Role
Who you are
- We want people who like to think and act with a long-term perspective in mind, and are focused enough to achieve it. The goal for all our entrepreneurs in residence is to launch a logistics startup with Beam, but over 80% are offboarded before the end of our program as unable to prove either their viable market opportunity or strength as an entrepreneur
- You are committed to launching a startup
- You are confident in your proven ability to understand complex issues, with high curiosity and initiative to find out more of what you don't know
- You stand apart from your peers in your outlook, ideally you're a serial entrepreneur and can back it up with a track record of successful endeavours
- You can communicate complex information in simple and concise ways, and make it easily digestible. You express your thinking clearly and with confidence, without needing to dominate. You have a personable style of communicating and find ways to relate to others
- You've been an active part of a startup ecosystem in the past and have a valuable network in the European technology and/or logistics sectors
- You have gained professional experience in technology and/or logistics, of which at least 2 years were in a startup. You have gained some scars and lessons along the way
- You can identify a clear vision and market opportunity and be prepared to rigorously defend it with data
- You have a talent for finding solutions and hacks to move faster. You are not phased when the way is not clear, you thrive in ambiguity and have a knack for uncovering unexpected possibilities
- You keep going. You do your homework. You're prepared to go the extra mile and find the opportunity your competitors will miss
- You have an internal compass of your own personal ethics and values that you draw on when making decisions, and these drive your working style
- You are business fluent in English (and in best case also German)
What the job involves
- We are looking for entrepreneurs who want to start their own business. You will work with us through our EiR program over 3-6 months, where you'll validate business opportunities, be held accountable for timelines, deadlines, and deliverables, and prove to us you can create a viable business. Your goal is to ultimately launch a high-potential startup related to the logistics industry
- An ideal Founder with Beam has the energy and commitment to launch and grow a high growth startup; and create effective solutions for outdated and cumbersome logistics problems
- You choose a pre-validated logistics problem from Beam's initial research to work on, this gives you an advantage starting point. You can also bring a relevant problem to us to get started
- Your startup success can be accelerated with (unfair) advantage to your business model from the BEUMER Group. Your startup concept must have relevant connectivity to BEUMER Group advantage to be relevant to Beam's program
- You will be advised and coached on growing your business idea - and have access to our network of experts to make you go faster. Our environment provides you with the resources and acceleration factors to get your idea moving at speed, and grow into your early startup
- You will be advised and coached on growing your business idea - and have access to our network of experts to make you go faster. Our environment provides you with the resources and acceleration factors to get your idea moving at speed, and grow into your early startup
- Beam will support you in searching - and finding - suitable co-validators/co-founders in our program. We encourage you to tap into your network and make suggestions too
- Meet other EiRs and Founders as a member of Beam's universe, make use of our beautiful offices in Berlin
- You will receive a monthly stipend of 2,500 € (gross) for the duration of your validation (3-6 months) - to allow you to fully concentrate on your validation
Otta's take
Theo Margolius
COO of Otta
There's been an increase in major corporations opening innovation hubs and accelerator programs to try and match the pace of nimbler startups - of which Beam is the incubator/accelerator supported by BEUMER Group. The builder helps founders access pre-seed funding, along with BEUMER Group's extensive network of contacts and support.
BEUMER Group is an intralogistics company, so Beam’s focus is naturally the same. It’s a company that fits neatly into the German scene: logistics is the country’s third largest economic sector, and there’s a lively startup ecosystem looking to disrupt it. It’s also the largest European region in which these kind of enterprise-supported startup schemes are run, so onboarding founders in theory shouldn’t be a hard sell.
The sticking point for Beam could be the 20% equity it requires from its startup founders, which isn’t competitive with the more typical 7-10% of its contemporaries. In a trillion euro European industry ripe for disruption, however, they may find sufficient startups happy to take on that compromise, with only time able to tell whether that will be the case.
Insights
Company
Company values
- Passion for the simple
- Motivation to discover
- Keen to invent, simplify and build
Company HQ
Kollwitzkiez, Berlin, Germany
Articles
Founders
Robert Bach
(Managing Director)Co-founded and served as MD for fair trade standards company Coffee Circle. Is also a Board Member at Codept, Sparrow Networks, Airsiders, Elara Digital, and Countercheck (all BEUMER-backed companies).
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