World Innovations Day 2024

Even the sky is no longer the limit

Accelerator Details

Innovation Accelerator Program

Accelerator Application

Qualification tests

A 10-week guided program

Final competition preparation

Demo Day

  • 1) Mindset, Culture & Leadership

    Week 1 Meetings
    – Team and program introduction (60 min)
    – Mindset, Culture & Leadership (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 2) Vision development

    Week 2 Meetings
    – Presentations and review 3-5 teams (30 min)
    – Vision development Session (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 3) Disruptive Business Models

    Week 3 Meetings
    – Presentations and review 3-5 teams (30 min)
    – Disruptive Business Models (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 4) Go-to-market strategy

    Week 4  Meetings
    – Presentations and review 3-5 teams (30 min)
    – Go-to-market strategy (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 5) Traction & Growth Hacking 1

    Week 5  Meetings
    – Presentations and review 3 teams (30 min)
    – Traction & Growth hacking 1 (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 6) Traction & Growth hacking 2

    Week 6 Meetings
    – Presentations and review 3-5 teams (30 min)
    – Traction & Growth hacking 2 (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 7) Going Global

    Week 7  Meetings
    – Presentations and review 3-5 teams (30 min)
    – Going global, purpose and objectives (90 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 8) Expansion Strategy

    Week 8  Meetings
    – Presentations and review 3-5 teams (30 min)
    – Expansion strategy development (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 9) Capitalization & Fundraising

    Week 9 Meetings
    – Presentations and review 3-5 teams (30 min)
    – Fundraising strategy (180 min)
    – Project introduction (30 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • 10) Preparation for demo day

    Week 10  Meetings
    – Presentations and review multiple teams (90 min)
    – Demo Day Preparation (120 Minutes)
    – Open Q+A (60 Minutes)
    – Office hours

  • Demo Day

    Demo Day In-person plus Video Conference
    – Teams pitch and, in some countries locally to investors (90 min)
    – Graduation speech by WIForum team members (60 min)
    – Future collaboration as alumni and growth programs

F7 Logistics

Who is the accelerator for

You pass the idea stage; you no longer pivot every week. Now you set the foundation for a global business. You are determined to develop breakthrough innovations. You are seeking massive traction, conquering a large target market, and attracting the necessary funding.

Requirements

  • Your company is registered yet less than five years old
  • You have a bold vision and planning to address a large, international market
  • You have a stellar founders team of min. two people owning more than 20% each
  • All founders are full-time involved and have no other business on the side
  • You have a diverse founders composition (Business, marketing, technology)
  • You are determined to develop a breakthrough innovation and solve a large, unsolved problem

Location

TBD

Fees:

1) You need to be a WIForum Member

2) Initial fee (skin in the game)
You pay a nominal fee of € 50-500 (based on GDP/C) to participate in the program. The fee is due before the program starts.

3) Success fee (Only if you got funded)
You pay 3.0% of any funds you raise within 18 months after completing the accelerator program.

4) Equity (With graduation)
As part of the program, we will take 3% equity in your company at nominal value [the value when the company was founded].
Your company becomes a Local WIForum Partner Portfolio company, and one of the accelerator program providers becomes a shareholder. Also, we provide mentorship going forward for at least three years. We reserve the right not to execute the equity program.

GDP/C Groups:
Group1 (€500):
Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Japan, Netherlands, Norway, Singapore, Sweden, Switzerland, Taiwan, United Arab., United Kingdom, United States.
Group2 (€300):
Czech Republic, Estonia, Hungary, Israel, Italy, Korea, Malaysia, Poland, Portugal, Russia, Spain
Group3 (€400):
Argentina, Azerbaijan, Chile, Croatia, Macedonia, Mexico, Romania, Serbia
Group4 (€500):
Albania, Brazil, Colombia, India, Indonesia, Peru, Philippines, South Africa, Tunisia, Ukraine, Vietnam
Group5 (€50):
Bangladesh, Cambodia, Kenya, Nepal, Nigeria, Pakistan, Zimbabwe
You can download the ACCELERATOR AGREEMENT review and send it in.

Included in the program

  • All program material
  • Graduation with a certificate
  • Part of the WIForum global entrepreneurs network
  • Lifetime Accelerator Alumni
  • Free access to WIForum Entrepreneurs Night Events
  • Help when you prepare your next round of funding
  • Research participation at WIForum

Apply here:

Applying