elapseit vs Startup Science

Resource planning, time tracking and project management, from project kickstart to invoice

Elapseit is a holistic tool for project managers that in planning resources, track time, generate and share invoices, track the status of tasks, and much more. Managers can review projects, allocate people depending on their role, and approve vacations based on the planned timeline of their projects. Every task of every project can be managed via approval workflows and email notifications.
Users can facilitate easy document sharing and keep track of every document version.
Invoicing can be facilitated with multi-language support and smart timesheets pave the way for easier project management.
The tool also has dedicated features for task management such as a Kanban board and Gantt chart, with view per projects and per user.
The access in the app is based on access levels that each user receives when they are added in the platform. And, each user can set the account in the language they are most comfortable with, elapseit being available in English, German, French, Italian and Spanish.

Location: Timisoara, Romania

Giving founders an unfair advantage

To help startups design their success, 1 founder at a time.

Why? Because wealth inequality is directly tied to entrepreneurship. 95% of people who get out of check-to-check living do so by selling a business.

It started with researching why, how, and when startups fail. We did 1,200 interviews and spent months reading the research to understand the 90% failure rate. We learned that founders keep making the same mistakes and these mistakes can be avoided. And the problems that lead to these mistakes center around people, knowledge, and financial resources.

Accelerators are designed to help startups solve these problems. But only 2% of startups who apply, are accepted into accelerators. 60% of rejected founders “failed to complete the application due to lack of knowledge.” And 70% of those startups who are accepted, came through a referral. So if you don’t know the language or are not connected into the ecosystem already your chances are slim.

Location: Santa Cruz, United States