Centech Acceleration

Type
EXPERT ADVICE
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

The Acceleration Program is designed specifically for businesses like yours in the deeptech, medtech, or edtech fields. This 12-week program offers 100% free and personalized support to help you accelerate your startup. You will gain access to over 100 workshops, weekly mentoring sessions, and 24/7 access to collaborative workspaces and meeting rooms.

By joining this program, you will benefit from exclusive networking opportunities with investors and key industry players. The program also provides valuable advice from experienced Entrepreneurs in Residence, helping you validate your tech project's potential, refine your business model, and strengthen your team. This support can save you months of work and significantly boost your growth.

The Acceleration Program is not only easy to qualify for but also offers a unique chance to introduce your startup to a network of innovation partners. This can lead to increased visibility, potential funding, and strategic partnerships. Take advantage of this opportunity to propel your business forward with the resources and expertise provided by Centech.

Financing Details

Type of Financing: Grant

Repayment Terms and Interest Rates:

  • No repayment is required.
  • No interest rates apply as this is a grant.

Eligible Expenses:

  • Research and development costs.
  • Prototyping and testing.
  • Marketing and promotional activities.
  • Purchase of equipment and technology.
  • Hiring of specialized personnel.

Ineligible Expenses:

  • Real estate purchases.
  • General operational costs not related to the project.
  • Debt repayment.
  • Personal expenses.

Fees:

  • There are no fees associated with this grant program.

Qualifications

  • Must be a company in the deeptech, medtech, or edtech fields.
  • The project must be realistic and have potential for commercialization.
  • The project must include a significant technological advance and/or patentable innovation.
  • The project must be part of the distinctive sector and technological vectors promoted by Centech.

  • Disqualifications:

    • Projects that do not have potential for commercialization.
    • Projects that do not include a significant technological advance or patentable innovation.
    • Projects that are not part of the deeptech, medtech, or edtech fields.

Description

This program offers your business 12 weeks of free, personalized support. You get access to 100 workshops, tools, and key resources. You will also join a network of innovation partners.

Weekly mentoring sessions will help you validate your tech project's potential. You can refine your business model and strengthen your team. You will also get to practice and present your pitches.

You will have 24/7 access to collaborative workspaces and meeting rooms. This program connects you with investors and key players. You will also benefit from networking events with Centech's ecosystem. This is a great chance to accelerate your startup's growth.

Program Steps

  1. Register for Information Sessions: Sign up for the information sessions offered by Centech to get a comprehensive understanding of the program and its benefits.

  2. Complete the Online Application Form: Visit the Centech website and fill out the online application form with your business details and project information.

  3. Prepare Documentation: Gather the necessary documents to support your application. These typically include:

    • Business Plan
    • Financial Statements
    • Proof of Technological Innovation (e.g., patents, research papers)
    • Market Analysis
    • Team Resumes
  4. Submit Documentation: Upload the prepared documents to the application portal as part of your submission process.

  5. Attend an Interview: If your application is shortlisted, you will be invited for an interview with the Centech selection committee to discuss your project in detail.

  6. Receive Feedback: After the interview, you will receive feedback on your application. If successful, you will be accepted into the Acceleration Program.

  7. Sign Agreement: Review and sign the participation agreement provided by Centech to confirm your place in the program.

  8. Begin the Program: Once the agreement is signed, you can start attending workshops, mentoring sessions, and other program activities.

Visit Program Website