B2C ACCELERATOR _
For startups from Ukraine and Eastern Europe eyeing the US market
Team of hackers and hustlers
Eagerness to launch a global startup
The program consists of two modules: Sandbox+Accelerator. The Sandbox module is devoted to verifying a problem and solution for the USA market. The duration of the Sandbox is 1 month. If you meet the Sandbox KPIs, you get to move on to the second module - the Accelerator, which lasts for 2,5 months. The Accelerator consists of the laser-focused workshops, mentor sessions and meetups with your personal tracker and the accelerator director. During both modules, startups measure their progress on a personal traction map, designed specifically for them.
FOCUS ON USA TRACTION_
The whole program has been designed around achieving venture-trusted results in the US the fastest way possible. This means users, sales and growth in the US.
You will get insights from people who have enjoyed success in the B2C sector, made a lot of mistakes, learned from them and invested their time and money. No ‘book’ experts.
Each startup gets their own traction map. It helps to steadily move in the right direction and hit the goals that will lead to success in the US. What’s more, there is a personal tracker, overseeing your progress and stepping in to help hit your KPI’s so that you don’t get stuck along the road.
After successfully finishing the Sandbox module, startups are qualified for $25K investments in exchange for 9% equity.
WHAT YOU GET_
1+2,5-month deep-dive program
State-of-the-art office space at UNIT.City
Individual progress tracking
Pool of relevant experts and mentors
Access to partner venture investors
OUR EXPERTS _
Marvin Liao, 500 startups
Partner at 500 Startups. He invests in startups across several industries globally. Formerly of Yahoo! Inc. (10.5 years), Marvin has held roles in the various departments of Sales, Business Development, Ad Operations and Marketing. He also serves on the boards/advisory boards of several internet advertising and ad technology companies
Andrew Verbitsky, Airbnb
General Manager of Central and Eastern Europe at Airbnb. Has both startup and corporate experience around the globe: from venture capital firm to the Big Four. Expert in new markets development, specializes on Central and Eastern Europe.
Andrei Komarovski, SectorX
Serial entrepreneur with three exits. Sold a hardware startup to the global corporation. Co-founded multiple international startups: Cupli Surveys, Personik, Friends Forever. Director of Founder Institute, partner in YellowRockets accelerator. Expert in sales and business development.
Igor Kudinov, VeeRoute
Co-founder of VeeRoute, leading B2B logistics automation startup in Eastern Europe. $3M+ revenue, $3M+ venture investments, 50+ employees. Director of ITMO University SumIT startup school.
Andrey Kunov, SVIC
Founder and CEO of Silicon Valley Innovation Center, disruptive center of innovation integration. Experienced corporate innovation popularizer: more than 10 years of high-tech sector development. Directed the National Agency for Technological Development of Kazakhstan. Leads the corporate accelerator working with multiple S&P500 companies.
Stefano Mosconi, Britemind
Leadership and innovation coach. Co-founded Britemind, a company that integrates disruptive technologies into existing businesses. Experienced speaker that inspires leaders to change. Digital strategy specialist.
Mike Bradshaw, StartupSauna
Mike Bradshaw is a Head Coach at StartupSauna, Mentor at The Founder Institute, Community & Evangalism at Solu, Curator of the Helsinki StartupDigest, organiser of MobileDevCamp.fi for the last five years. Mike coaches early stage startups and entrepreneurs in the fundamentals of pitching.
Dmytro Ruzhytskiy, CEO Innovations Development Platform
CEO of the Innovations Development Platform, which is the first Ukrainian agency for incubation of innovative projects in the area of defense technologies. He has 10+ years of experience in sectors including Ukroboronprom, Compagnie Générale de Géophysique, and seismic acquisition projects.
Mathew Lewis, Sector X
Matchmaker for US technology firms and startups in formation of pilot projects. Over 15 years of investment experience in technology companies.
Andrii Onoshchenko, SaaS
Andrii is a first business hire in the San Francisco based hyper-growth SaaS company since 2016. He observed and impacted the company’s growth from 50 to 160 employees. His areas of expertise involves, but are not limited to financial planning and analysis, strategic planning, business operations, go to market strategy, marketing channels, customer segmentation, unit economics, pricing, etc.
Olexiy Gorin, The7bits
CEO of The7bits. Serial entrepreneur since 2006. Co-founder of few Dutch and Ukrainian B2B startup companies. Experienced in innovative Business analytics, MVP concept, and Software development. Speaker and startup developer. Technical background 25+ years.
AFTER THE ACCELERATOR YOU WILL_
- Enter new markets and niches;
- Greatly improve your startup’s metrics (users, conversions and sales)
- Acquire new skills and instruments (in sales, marketing, analytics, product management)
- Raise investments from business angels and funds
30th Sep application deadline
Watsons is the largest health care and beauty care chain store in Asia.
UNIT.City is an innovation park boosting the hi-tech sector in Ukraine
SVIC helps companies grow by educating them about new technologies and trends
YEP is a network of academic business incubators for youth
Startup Depot is a business incubator for IT projects and coworking space in Lviv
Beetroot specializes in building dedicated teams of developers and designers for clients around the world.
Beetroot Academy is a Swedish non-profit IT school that strives to make a substantial impact on Ukraine's society through top-notch IT education.
LitBAN is the largest Lithuanian Business Angel Network
ITEA is a Ukrainian educational project of complex training and development of IT professionals
Digital Future is a VC firm focusing on seed and early stage tech companies with Ukrainian DNA.
Overkill Ventures is Latvia based early stage VC firm investing in startups from CEE region.
Contrarian Ventures is an early-stage VC firm headquartered in Lithuania investing in the energy and e-mobility sectors.
Open Circle Capital is a Lithuanian VC fund focusing on life sciences, ICT and robotics technologies.
VRINN is a cluster of businesses working within VR, AR and gamification in Norway.
EstBAN is the largest Estonian Business Angel Network
The7bits is Netherlands-Ukrainian based consultancy and software company focused on early-stage startups and MVP lean development.
Is traction required?
Not necessarily, but some traction lets you get way more from the program.
Do you guys work with software or hardware startups?
It doesn’t matter. We accept applications from both of these worlds.
What do I need to get an investment?
If you finish the Sandbox stage successfully and move on to the Accelerator stage, you get $15K-25K of investment from us in exchange for 5-9% equity.
What do I have to do to finish the Sandbox stage?
Verifying the problem and the product on the US market is enough.
What’s a traction map?
Traction map is an individual map of your startup’s progress. It helps hit your goals much faster.
Are startups from other countries eligible to apply?
Absolutely. We welcome startups from eastern Europe to apply. Just keep in mind that the second stage of the program requires your physical presence.
Is my physical presence required during the acceleration program?
Taking part in the Sandbox does not require your physical presence, though it is highly recommended. After you have successfully completed the Sandbox stage, you will be invited to the Accelerator stage, where you will be required to drop all your other activities and devote yourself to the program for 2,5 months.