Hey, do you feel like travelling? MassChallenge Israel is currently looking for Polish startups for their accelerator. The applications are closing soon, on February 4th, so you really need to hurry up.
Through February and March, all the applications will be reviewed, and the finalists will be announced on March 28th. Then, the four-month long programme will begin. The best thing is that Mass Challenge will be sending at least one co-founder or a senior team member to Jerusalem for the majority of the accelerator.
What do you have to do to apply? Well, you have to be the best! The guys at MassChallenge choose the highest-impact, highest-potential startups at an early stage of development to help solve the world’s biggest challenges. Although the Israeli are particularly well-equipped to support MedTech, visual technology, and future mobility companies, all nationalities and industries are welcome on board. However, your company has to have some research backing, or a prototype they can present to the judges. The only other requirement is that you can’t have raised more than $500k in equity investment or generated more than $1M in revenue in the last twelve months.
There are two two rounds of judging to select the startups for the accelerator. In the first one, all applications are reviewed online by an international and inter-industrial panel of judges. What’s more you get individualized feedback once this stage is complete. If you’ve made it to the second round, you will be notified as soon as possible. Afterwards, you will pitch your idea to the judges in-person or via Skype. Then, the finalists will be chosen.
There’s a lot in it for you, so listen up! At MassChallenge’s headquarters in Jerusalem, you will be provided with free office space and workshops. Over eight hundred mentors and experts will be there to help you develop your idea during the four-month long accelerator program. Apart from that, you will have an access to a global network of corporate and government partners, as well as to over one thousand alumni. The cash awards for the winners is a head-spinning sum of 500k NIS (that is nearly the same amount in PLN). And, there’s more travelling ahead: you can join Startup Trek, an all-inclusive, curated business trip to the U.S. That sounds pretty amazing, doesn’t it?
The accelerator begins on April 22nd and the winners will be announced on August 8th.
There’s not a lot of time left to register, so hurry up! You can apply here.