AceON Autumn Accelerator Program for Start-ups (Equity Investment of 40K EUR)

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AceON has launched its Autumn Accelerator Program to help pre-seed start-ups by providing investment and support in understanding the entrepreneurship and VC landscapes, further developing their solutions, and launching them to the market.

The program provides free know-how through lectures, discussions and mentoring on various topics such as business model, Go-To-Market, finance, fundraising, sales, and more.

The acceleration program is suitable for start-up teams developing their PoC, working on their MVP, or those who have just launched their product and acquired their first customers.

The program welcomes tech start-ups developing products that address significant customer problems. They place strong emphasis on the scalability of the solution and the strength of the team.

Approx. 30 start-ups will be selected for this program and will be divided into 2 groups:

Group 1: Teams with more developed prototype, MVP or an idea with a big potential will get an opportunity to attend all the lectures and discuss the issues with the mentors on 1:1 meetings.
Group 2: Teams will get access to attend all of the lectures during the program.

Autumn Accelerator Program Benefits

Support: Start-up founders get access to online lectures on various topics in the evenings and mentoring.
Investment of 40K EUR: At the end of the program, AceON invests 40KEUR for 5 – 7% equity stake in the start-up or incase of investing through a convertibleinstrument, a post-money CAP of 14.5 times theinvested amount will be convertible.
Community: They engage in-house professionals, industry experts, entrepreneurs and people who purely want to help. By taking part in the program, you can meet other founders or strategic partners.

Eligibility Criteria for Autumn Accelerator Program

What solutions are they looking for?

Autumn Accelerator is an industry-agnostic program with one specialization. What does it mean?
They warmly welcome start-ups from all industries, such as biotech, healthtech, fintech, hospitality, edtech, and more.
AceON looks for start-ups developing applications, platforms, software, marketplaces, online tools, but not hardware solutions.
At the same time, they are particularly interested in start-up teams working on Enterprise Tech solutions. As an international advisory company, Accace, is a co-founder of AceON Accelerator, they can provide significant support through specialized group sessions and mentoring, interviews with enterprise´s employees, and even opportunities to test your solution.

What is expected of start-ups entering the program?

Acceleration programs are provided by AceON Accelerator for free. It is the mission to help succeed start-ups across Europe, thus they offer the best possible know-how and expertise from the in-house and external experts and C-levels.
During the program they expect high level of proactivity and cooperation with the team as they want you to get the best experience and support.
The goal is to invest in the solutions with the highest potential for success and growth. Therefore, they require you to sign an Accelerator Participant Agreement at the start of the program.
This agreement demonstrates the interest in investing in your start-up and guarantess that AceON Accelerator has the opportunity to invest when you are ready to fundraise or to co-invest if your secure another investor.