Digital Innovation Accelerator for Startups Teams with Innovative Solutions for Sustainable Development
The Innovation Factory Digital Innovation Accelerator is a multi-stage programme that includes a 6-month acceleration programme and a final competition.
Participants begin by submitting their digital innovation solutions for Gender Equality, EduTech as well as Environmental Climate Action-related topics. 45 short-listed teams will participate in the 6-month Digital Innovation Accelerator programme where they will – among others – receive capacity building support; refine their business models and pitch strategy; optimise their SDG impacts; and work on their investment readiness.
At the end of the acceleration phase, teams will submit their refined business plans to compete for the final prize. 12 winning teams of the competition stage will receive tailored support packages equivalent to 15.000€ each that will go into further development of their products and/or the scaling of their start-ups. Additionally successful teams will also profit from the Innovation Factory’s network.
Illustration Photo: IBM and Bancroft are collaborating on an iPad program that puts mobile apps securely in the hands of classroom teachers, clinical staff and school administrators to better engage with students and improve the learning experience. (credits: Bancroft / ibmphoto24 / Flickr Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0))