Who is the accelerator for
You past the idea stage, you no longer pivot every week. Now you set the foundation for a global business. You are looking for massive traction, conquering a large target market and seek the necessary funding.
- Your company is registered, yet less than 6 years old
- You have a bold vision and planning to address a large, international market
- You have a stellar founders team of min. 2 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 have an MVP (Minimum Viable Product) / Prototype, or at least very close to it.
- You are ready to gain traction and raise the necessary capital for major growth
All digital (online), with life instructors and mentors.
1) 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.
2) Success fee (Only if you got funded)
You pay 3.0% of any funds you raised within 18 months after completing the accelerator program.
2) 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 Society3 Portfolio company and one of the providers of the accelerator program becomes a shareholder. Also we provide mentorship going forward for at least 3 years. Society3 reserves the right to not execute the equity program.
Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Japan, Netherlands, Norway, Singapore, Sweden, Switzerland, Taiwan, United Arab., United Kingdom, United States.
Czech Republic, Estonia, Hungary, Israel, Italy, Korea, Malaysia, Poland, Portugal, Russia, Spain
Argentina, Azerbaijan, Chile, Croatia, Macedonia, Mexico, Romania, Serbia
Albania, Brazil, Colombia, India, Indonesia, Peru, Philippines, South Africa, Tunisia, Ukraine, Vietnam
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 certificate
- Part of the WIForum global entrepreneurs network (27 countries)
- Access to the “Go-Global Program”.
- Lifetime Accelerator Alumni
- Free access to WIForum Entrepreneurs Night Events
- Help when you prepare your next round of funding
- Research participation at WIForum