1. Open Calls
22.01.24-22.02.24 – for evaluators
What is the Opportunity?
This unique EmpoWomen Accelerator offers a 6-month programme of dedicated intensive support to the selected group of women deep tech entrepreneurs, with a view to enabling them to significantly boost their business growth and increase their potential to access investment.
The EmpoWomen Accelerator Programme is delivered by two leading European players:
What does the EmpoWomen Accelerator Programme offer?
The EmpoWomen Accelerator programme has two 3-month phases:
Accelerator Phase 1: Months 1-3: Building and Growing Your DeepTech Business
Delivered by StartUp Wise Guys (SWG) , enables the selected cohort of Women entrepreneurs to experience an intensive programme, focused on addressing key growth challenges in building their business and tailored to their personal goals. Support will be delivered through a programme of online webinar sessions and pre-recorded materials, delivered by experts in business, industry and deep technologies. This will be accompanied by access to one on one expert mentoring sessions offered throughout the programme.
Through a series of weekly modules, participants will work through key business growth areas including:
Your core Business Purpose and Values
Product Execution and Sales
Technology Product development and effective planning
Focus and Execution:
Sales and Team Basics
Developing your Funding Strategy and understanding your options
Each participant will also have direct access to monthly individual mentoring sessions throughout the 6-month Accelerator programme. This will be provided by individual experts who will be matched to the entrepreneurs and tailored to the technology and sector focus and will enable the women entrepreneurs to focus on their own business goals and identified challenges and needs. The mentors will be those who understand the challenges of successfully building, growing, and funding a tech business.
Reviewing your Progress: At the end of Phase 1 of the Accelerator programme, there will be a Progress Review Day, where women entrepreneurs will have an in-depth review of their progress in achieving their business objectives (KPIs). This will be carried out by SWG, together with BAE and provide valuable feedback and key insights for the next phase of the Acceleration programme.
Phase 2: Months 4-6: Ensuring your Deep Tech Business is Ready for Investment
This second phase of the Accelerator programme enables the cohort of women entrepreneurs to gain an in-depth understanding of the whole investment process, addressing any challenges and barriers for women entrepreneurs when seeking investment and looking at the specific requirements for attracting investment for a Deep tech business and relevant to their specific sector or market, combined with direct engagement with investors.
This will be provided by Business Angels Europe, delivered by experienced Angel and early stage investors in deep tech and relevant industry sectors. This phase of the programme also offers opportunities for direct engagement with experienced investors in Deep tech and the BAE Club of Leading Angel Investment groups across Europe, including the potential to showcase at relevant investor events. The three-month programme, delivered in weekly online webinar sessions will cover the following:
Developing your Funding Strategy and Creating an attractive Deep Tech Investment proposal
These sessions will be designed to enable women deep tech entrepreneurs to understand the critical aspects of creating their funding strategy, identify when and why they need funding, the different sources available, and how to strategize their approach to secure investment.
Making a Winning Pitch, effective Negotiations and the Due Diligence process
These sessions will be aimed at mastering the art of pitching and understanding the intricacies of business valuation, due diligence and negotiation with investors
Closing the Deal, Navigating the legal process; Getting the most from your investors post-deal
These sessions are designed to take the entrepreneurs through the challenges of finalizing the deal, understanding the legal processes and documents and ensuring that they are well-positioned to make the most of their investors post-deal.
The Finale to the Accelerator Programme will be a Demo Day at which the cohort of Women entrepreneurs will each present their business to an audience of invited investors with deep tech expertise and experience from across relevant industries and sectors.
The Pitch presentations offer the opportunity for attracting investor interest and gaining direct feedback, one one-on-one interactions with investors and establishing the potential for further follow-up meetings.