The iCatalysts accelerator is a rigorous 10-week program that bridges university affiliated startups to a commercial life. Our university partners offer our accelerator as a prize for their winning teams.
The 48 teams in the 2014-2017 iCatalysts accelerator raised more than $70 million. Over 93% of these teams have launched businesses and are operating today. Our teams represent startups from 18 of the 20 top ranked US universities.
Our team selection criteria includes ventures with two or more founders, a functioning prototype, strong intellectual property, and our belief that the venture is fundable (Seed or Series A ) within one year. We accept current or graduating students and graduates of our mentoring programs.
Participating investors include Accel Partners, Compass Technology Partners, Dow Chemical Company, Garage Technology Ventures, KPCB Edge, Intel Capital, and Shell Technology Ventures.
The iCatalysts Accelerator is for teams that have proven their concepts. Our program’s focus is helping your team:
- Nail your venture and funding strategy
- Improve your position with current and future investors
- Engage target pilot customers with connections and advice from industry experts
- Get expert advice and referrals from Silicon Valley insiders on your next accelerator and which investment events and angel groups to present to.
“iCatalysts help and advice was absolutely invaluable to me during NVBOT’s fundraising efforts“. AJ Perez, CEO of NVBOTS, MIT Startup
Our teams each work with two mentors and other teams.
Our 2016 teams pitched in Palo Alto to more than 120 people including more than 50 investors at EFN’s Young Technology Leaders event. Our 2017 Event will be held August 3rd at Carnegie Mellon University in Mountain View, California.
Teams have access to all mentors supporting teams in their cohort and the 300 other mentors on EFN’s Mentoring Platform.
Teams and mentors will develop a brief plan with a schedule of milestones that they will jointly work on to execute.
The expected time commitment for mentors is approximately 3-6 hours each per month depending on if the mentor is a lead or specialized mentor.
We ask that one or more members of your team have at least two calls or meetings with your mentoring team monthly, attend a monthly cohort meeting, and present to our investors.
The program provides four 90 minute online interactive workshops – Effectively Communicating with Investors, Building Relationships and Negotiating with Investors, Winner Research Grants, and Developing and Protecting IP.