3. Our Vision
To be the preeminent place where
innovation happens to solve the
biggest challenges and unlock the
next generation of opportunities,
facing the retail and consumer
goods industries.
Our Mission
Bring together an ecosystem of
entrepreneurs, venture capitalists, and
industry leaders to deliver positive business
impact to the retail and consumer goods
industries by accelerating ideation and
innovation via emerging technologies,
products and processes.
Mission + Vision01
4. Overview
What
XRC Labs is an
”Innovation Accelerator”
investing to drive rapid
innovation in the retail
and consumer goods
Industries, leveraging
emerging technologies
regardless of startup size.
Why
XRC Labs focuses its
investments on
challenges and
opportunities specific to
retail and consumer
goods companies,
insuring that these
important industries and
their related ecosystems
stay current with, and
benefit from, innovation
with emerging
technologies.
How
Similar to other
accelerator models,
XRC will invest in
entrepreneurs and startup
companies to help them
accelerate the
development of their
ideas/solutions.
Unlike other accelerators,
XRC is stage-agnostic.
Startups often have to be
much larger than seed-
stage companies to work
with most retailers.
A governance body made
up of member companies
will select the themes and
participants, and
operationalize the
innovation experience.
Who
XRC Labs will play four
main roles:
1. Entrepreneurs will
receive capital
investment and
resources in exchange
for equity
2. Founding Sponsors will
invest capital and other
resources in exchange
for equity
3. Equity Partners will
invest capital in
exchange for equity
4. Member Sponsors will
invest capital and other
resources to
operationalize XRC in
exchange for access
and participation
When
XRC Labs plans to
conduct two ten week
sessions annually.
The initial session
is scheduled to launch
October 13, 2015.
The operational startup
and request for proposals
will begin
in July 2015.
Innovation workspace will
be in NYC.
02
9. Customer experience
Path-to-purchase
Loyalty
Supply chain execution
Mobile
Social
Geolocation
Omnichannel
Consumer insights
Consumer sentiment
Visualization/Dashboards
Internet of things (IOT)
Consumer behavior
Video analytics
Optimization
Data Science
3D Printing
3D Manufacturing
3D Design
Crowdsourcing
Personalization
Responsive Supply Chain
Product
Development
07 Themes
10. Fall 2015 Curriculum
Technical Hiring & Early Culture
Customer Acquisition Methodologies
Product/Market Fit
Company PR
409a Valuation & Compensation
Raising Your First Round
Cloud Computing
Investor Communication Basics
Legal Pitfalls
Good Accounting Practices
Banking & Venture Debt
Pitch Perfect
Be a Great BrandBe a Great Company Be a Great Retailer
08 Curriculum
Overview & Underlying Economics
Brand Building
Product Development Phasing
Leveraging 3D Printing
Total UX Design
Attracting Early Customers
Iterating Your Product
Global Sourcing & Logistics
E-Commerce Best Practices
Selling to Retail Strategies
Direct Retail or B2B Model
Retail Economics & KPIs
Selling to Retail
Optimizing with Data Analytics
Role of Visual Merchandising
Master Merchandising & Planning
Distribution, Logistics & Replenishment
Management
Retail Business Modeling
Omnichannel Path to Purchase
11. Fall 2015 Applicants (sample)
Retail Technologies
Inventory model prediction platform
Real time consumer insights and
prediction platform
Commission based social tagging
Person to person messaging app
for sales
Fashion
Water-repellent, stain-resistant
fabrics
Patented process for spider silk
production
Military inspired apparel with
combined with modern design and
functionality.
Classic clothing for the athlete by
ensuring fit, not big and tall
Patented reversible bikinis
Premium men’s grooming brand
E-Commerce/Analytics
Disruptive social commerce platform
that aggregates and promotes within
e-commerce
Native e-commerce enablement
High end marketplace for buying and
consigning designer products
Coupon to credit card linkable
platform
AI driven recommendation engine
09 Applicants (sample)
3D Printing
Headphones
Café
Toys
On-demand Tech
On-demand clothing alterations
On-demand workforce for retail
12. Fall 2015 Cohort Applicants
Thiel Fellow 2015, serial entrepreneur
(previous company acquired at
age 19, invested by Richard Branson)
TechCrunch Disrupt winner with
company valued at $10mn
Card Linked financial services platform Alum companies from Harvard I-Lab,
eBay for Friends
X
R
C
L
A
B
Design-focused company founded
by Parsons graduates
Graduates of Wharton, Harvard, and
Columbia
09 Applicants Background (sample)
13. Founding Sponsors04
XRC Labs Timing / Calendar 2015-2016
X Oct 13 2015
Cohort 1
R
C
L
A
B
XRC Cohort Kickoff
Cohort 2
XRC Classes Commence
XRC Demo Day
Oct 14 2015
Jan 14 2016 June 16 2016
April 11, 2016
April 12, 2016
14. Getting Involved
Equity Partnership/
Venture Fund
Pano Anthos
Managing Director, XRC
508-641-6570
pano@xrclabs.com
Member
Sponsorships
Paul Schottmiller
Partner, Kurt Salmon
215-272-7656
paul.schottmiller@kurtsalmon.com
paul@xrclabs.com
Executive
Sponsor
Al Sambar
Managing Director, Kurt Salmon
609-841-8513
al.sambar@kurtsalmon.com
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