The Startup Collider acceleration program is organized under the auspices of PwC, one of the world’s strongest and most recognizable B2B brands. It provides young entrepreneurs with the opportunity to work directly with PwC experts, mentors and decision-makers, as well as thousands of the company’s clients from the CEE region. The business potential is enormous.
What distinguishes Startup Collider from other ventures of this kind - in addition to PwC's unique acceleration methodology - is the program’s international scope and openness to startup acceleration in various industries and areas of expertise, as well as independence from government programs that could impose formal restrictions. It is also worth pointing out that Startup Collider is implemented in a non-equity formula.
The first edition of PwC Startup Collider was targeted at fin-tech start-ups. In the second edition, startups developing technologies in various fields are welcome to apply.
– explains Magdalena Kwoska, PwC Startup Collider Project Manager.
PwC Startup Collider is looking for firms that have developed a product or service that is ready and can be marketed directly, and those that are geared up for growing their business on a global scale. The program is targeted primarily at young companies from Central and Eastern Europe, which already operate in the CEE region. However, startups from throughout the world can apply to Startup Collider if they intend to expand their innovative technologies and wish to grow their business in cooperation with PwC in the CEE region.
- says Beata Cichocka-Tylman, PwC’s Innovation and R&D Director.
- she adds.
Applications to the current edition of the PwC accelerator can be submitted through 10 December 2017. Among all applications, a total of 15 most interesting and promising firms will be selected. This group will participate in a 3-month intensive boot camp, comprising 4 one-week sprints in Warsaw, as well as workshops organised remotely. In order to gather as much information as possible, young entrepreneurs will meet PwC experts and representatives of businesses during this period. This accelerated stage is scheduled to end in April 2018, when a Demo Day will be held; it is to be attended by investors and potential customers. Subsequently, startups will go through a 6- or 9-month market entry phase, during which PwC will support them in finalizing the concept, and assist them in their first sales. In addition, during this period, each startup will be supported by a dedicated mentor from PwC, an expert from the industry in which the startup is to operate.
In addition to acquiring professional and technical knowledge, it will be a period of intensive networking with various groups of stakeholders, both in Poland and abroad.
- explains Magdalena Kwoska.
You can apply to PwC Startup Collider through 10 December 2017. For more information on the programme, visit startupcollider.pwc.com