ABOUT THE PROGRAM >
Professionals use a team to win.
propel Accelerator is a professional team of experts focused on accelerating the growth of your Information and Communications Technology (ICT) venture. We're the catalyst that fuels your idea by providing:
Access to experienced mentors, helping you aggressively move from early-stage product development to market readiness.- Connections to low-cost resources like equipment, office space, and communications and support services.
- Membership in a business network that drives new partner relationships and customer acquisitions. '
- Experience in the creation of necessary business systems and processes to ensure your company's longterm viability.
- Links to funding sources and advice on making your company more attractive to outside investment.
Who is on my team?
propel Accelerator is a community of mentors focused on your success. We match you with a successful mix of mentors that can become your virtual management team to assist in strategic planning and decision-making.
What's the investment?
As a client of propel Accelerator, you pay for the program through a royalty model. The program is designed in such a way as to reduce the impact on the finances of a startup firm, to get you in and out of propel Accelerator as quickly as possible.
- no charge during year one.
- 5% royalty after year one.
- 10% royalty after year two.
- 15% royalty after year three.
You may graduate at any time. After graduating from the program you have two options:
- 2% royalty for 2 years if either you or your company become an advisor in the program
- 5% royalty for 2 years.
Will you be first to market with your technology idea?
Learn about the rationale behind the propel Accelerator model >
