"The final purpose of imec.istart is to help develop a business idea up to the point where it is ready to attract financial support in the market, and to continue developing independently." Sven De Cleyn - imec.istart Program Manager
The imec.istart Business Acceleration Program is specifically designed to help starting entrepreneurs set up their tech business. During a period of 6 up to maximum 18 months, imec provides financial means (max. 50k EUR as direct equity investment) as well as coaching and training, depending on your specific needs (expert coaches, in-depth training on certain themes, entrepreneur-in-residence …).
Our program focuses on start-up projects with a certain technological inventiveness (though broadly interpreted) and with the potential and ambition to become a 'born global' company.
Even though a minimal support towards further technology development can be given as well, the main focus lies on business development (developing, validating and implementing a business plan, clarifying the intellectual property situation, market analysis, customer contacts through fairs, marketing and sales activities …).
Eligible projects are not necessarily limited to subjects related to the imec research domains. But, in order to be eligible, some form of proof-of-concept or prototype of the core product/technology is a necessity. At the time of submission, your start-up does not need to be established yet. However, if you are selected, we expect you to establish a legal entity.
The imec.istart manual includes all details on the program, the conditions that apply (e.g. for the imec.istart support, imec received 6% of the equity in your start-ups), the support offered by imec.istart and e.g. the evaluation criteria. Each application will be reviewed by imec and its imec.istart fund partners.
Imec.istart secured the 2nd place in the European 'Top University Business Accelerators' ranking by UBI Global, in 2015, and the 4th place in its global ranking, after a screening of more than 500 acceleration programs from all over the world.
Six special tracks
Imec.istart offers market specific tracks with extra mentoring & funding in the following domain. You can optionally apply for these tracks:
- Logistics, Mobility & Smart Cities
- Media, Telecom & Entertainment
- Space Technology
- Fintech, InsurTech & Cybersecurity
- Education & Learning
If you meet the above criteria, you are welcome to submit your project proposal. Also mark the following dates:
- 8 January 2018: Call open
- 1 February 2018: Call closes (11.59pm)
- 15 February 2018: First selection by imec.istart
- 27-28 February: Intake meetings with pre-selected projects - Please save these dates!
- 5 March 2018: Announcement of selected projects
- 13 March 2018: Kick-off day for the selected projects
Need more details?
Download the complete imec.istart Manual (including all details on the program and evaluation criteria)