ELEVATE

ACCELERATOR FOR APPLIED AI STARTUPS

Accelerating from prototype to product market fit.

Are you an enthusiastic tech entrepreneur  working on impactful AI solutions an applied AI startup ready to make your prototype into a product ?

Are you working on impactful AI solutions?

Then this might sound familiar to you. You are trying to…

You’ve come to the right place! We have created & pressure-tested a program combining these things and more – tailor-made to your needs!

 

THE 3 PILLARS OF ELEVATE

Our 4-month long hybrid program builds on three pillars. We’re giving you the most critical founder knowledge, as well as support in execution to help you transform your idea into a validated product. We’re your sherpa to the European and Austrian startup ecosystem. Let’s go on the journey together!

METHODOLOGY:
THE ELEVATE PROCESS

5 hands-on hybrid bootcamps are leading through our 4-month long program. Every bootcamp takes 3-5 days and will teach participants the most critical entrapreneurial knowledge and skills. All our workshops are hands-on, participants will apply new knowledge right away on their own startups.

Bootcamp 1 • Problem Validation

LEARNINGS
OUTCOME
RELEVANCE

Testing target groups & their most important problems will be crucial to build a product that a significant part of the market needs badly enough to buy it. It will help entrepreneurs understand their customers and validate the potential of an idea.

Bootcamp 2 • Solution Validation

LEARNINGS
OUTCOME
RELEVANCE

Creating paper prototypes and wireframes of first ideas doesn’t take long but will 1) help them align on their visions 2) allow them to get instant feedback on their solution and input on how to make it better before even building it. This will significantly reduce development costs in the long run, as well as time to market.

Bootcamp 3 • Financials & Investor Relations

LEARNINGS
OUTCOME
RELEVANCE

In this bootcamp, the startup teams will understand the importance of will give them an understanding of how much money they have to make and how to make it a viable business & help them track their progress to a product that creates value for the user & is financially viable for them as a company. Will help them navigate the stakeholder management jungle.

Bootcamp 4 • Growth Hacking

LEARNINGS
OUTCOME
RELEVANCE

Understanding product, marketing and lean methodology as an entity helps create viral loops in the product. At the same time, applying a data-driven testing mindset in marketing helps understand the customers, why some things work and some don’t and how to fix them quickly.

Value driven sales will give the founder team a sales approach that builds long-lasting customer relationships built on trust and value-generating. This approach also provides a great follow-up to the customer development interviews done in month 1, helping convert interviewees into customers.

Bootcamp 5 • Pitching & Demo Day

LEARNINGS
OUTCOME
RELEVANCE

Learning to present their idea/product to different audiences with different goals as well as answering challenging questions will be crucial for the future success of the team.

The Demo Day is a perfect opportunity to attract potential partners or investors.

OUR FOCUS:
EXECUTION

In between bootcamps, our team of experts in growth marketing, design, data & software engineering and innovation management is ready to work with you on the first version of your product. The goal is to get your MVP* off the ground & tested during the program.

*MVP: The minimum viable product (MVP) is the earliest version of a new product which allows a team to collect the maximum amount of validated learning about the customer and feasibility with the least effort.

HANDS ON EXECUTION

A dedicated IT Developer & a dedicated Growth Marketer embedded in your team. Design and CI support. 1:1 coaching & mentoring by international experts and entrepreneurs. Adding up to at least 250h of support for your start-up!

FUNDING

5,000€ for initial expenses, so you don’t have to worry about travel costs or first experiments. We also support all of our startups in building strong investor relations and further funding processes.

OFFICE SPACE

Office space @weXelerate, CEE’s biggest innovation hub.

NETWORK:
CONNECT TO GROW

ELEVATE_Breakfast_33

LIKE-MINDED ENTREPRENEURS

Connect with tech founders who share your interests and passions. Exchange and learn together with entrepreneurs and engineers who face similar challenges.

The ELEVATE bootcamps are designed to encourage collaboration between the startup teams and our pool of experts. This way, we create a valuable platform for the exchange of knowledge and support.

Network Icon

INDUSTRY EXPERTS AND INVESTORS

We work with selected experts in various fields. A few examples:

Network Demo Day

EVENTS

Our flagship events are designed to bring people together, build their networks and collaborate. We start and end the program with our network of industry leaders, investors and entrepreneurs so our participants can leverage this network to the fullest.

"With the help of ELEVATE we got an accurate understanding of the direction we needed to go in. The result was very clear from the reactions of our to-be customers: We came to the acceleration program with a “nice to have” solution and ended up with a “must have” solution. This was a huge step forward." Alex Kiiatkin, Co-Founder, Detectolabs
“We really profited from the hands-on, very product and customer-oriented approach that ELEVATE applies. TheVentury’s combination of content-input with direct support in implementing and translating theoretical methods to our individual business needs was – and still is - extremely helpful for the development of our start-up.”
Lisa Holzgruber, Co-Founder, rotable

APPLICATION PROCESS:
START YOUR JOURNEY NOW

01

APPLY TO
OUR BATCH #7

02

VIDEO
PITCH

03

INDIVIDUAL
Q&A SESSIONS

04

ELEVATE
PROGRAM START

SORRY, YOU JUST MISSED THE
APPLICATION PERIOD FOR BATCH #7.

STAY TUNED FOR SOME UPDATES VERY SOON!

If you have any questions, please write us a message: elevate@theventury.com