Deadline: 28 February 2024
Applications are now open for the 2024 GIST Business Incubation Program for startups that are looking to take their innovations to the next level by getting mentoring, U.S. market expertise, and valuable business model training.
As a U.S. Department of State initiative, GIST’s Business Incubation Ukraine brings together the best science and technology innovators and American businesses to increase cross-market access and to create opportunities for collaboration.
While in residence at an American incubator, entrepreneurs have opportunities to make connections with the local entrepreneurial ecosystem and build business relationships for potential partners and investors. GIST Business Incubation also helps American businesses gain awareness of global entrepreneurs, innovations and markets.
This program will subsidize your expenses for this experience. Program participants will receive a blend of support stipends and prepaid expenses for the duration of the program.
You will be provided with a stipend for expenses (including travel) if you are accepted into this program. VentureWell will pay your living expenses and your incubator fees. You will also receive a monthly stipend for other costs. Stipend payments are meant to offset incurred expenses that participation in the program might require. It is your responsibility to ensure the appropriate budgeting of this funding.
Note: All participants will receive the same amount of funding from VentureWell, but some people may get more as a grant and others will receive more as housing assistance, etc. This will be dependent on the location and home incubator of the participant.
Applicant Requirements
- All science and technology startups are eligible to apply.
- The applicant must be 18-40 years old on the application deadline February 2024.
- The applicant must be a citizen of 130+ countries GIST works in. The applicant does not need to be currently residing in that country.
- The applicant must not submit more than one application for GIST Business Incubation.
- Applicants must be available to commit to the full duration of the program.
- Applicants who have previously participated in GIST Business Incubation will not be eligible to apply.
- There is no limit to the number of people on a project team.
For more information, visit GIST.
