Applications open for RIoT Accelerator Program (RAP)

They provide the resources, mentorship, and connections necessary to turn groundbreaking concepts into successful, scalable businesses– with a customer-first focus and revenue-driven growth.

What they provide?

• Workshops & Training: Weekly workshops designed to advance your business covering startup foundations, market validation, product development, go-to-market strategy, & more.
• Tailored Mentorship: One-on-one, personalized guidance from industry leaders to address your specific challenges and goals PLUS access to introductions and resources of RIoT’s 200+ Mentors & Corporate Partners.
• Networking Events: Curated events to connect with potential customers, partners, and investors.
• RAP Alumni Benefits: Leverage lifetime support and connections, access to the Founders’ Roundtable peer advising network, and a complimentary one-year RIoT Groundbreaker Sponsorship following completion of the program.
• Industry Agnostic: Open to startups from all industries, focusing on innovative technologies and scalable solutions.
• No Cost, & No Equity Taken: Participate in RAP without any financial obligations or equity stake requirements.
• Multiple Cohorts Annually: Cohorts conducted Spring, Summer, and Fall. Open to startups based around the globe. Hosted in-person in North Carolina & Virginia.

Who they are looking for?

• They welcome applications from startups that are:
  • Technology-Based Startups: Companies who embrace innovation and are driven by technology, who are developing new technologies or leveraging existing ones in novel ways, especially in areas such as IoT, AI, machine learning, big data, blockchain, cybersecurity, and robotics.
  • Scalable Business Models: Companies who have demonstrated positive market traction with scalable business models that can demonstrate potential for significant growth and market impact.
  • Any Stage of Development: Whether you can demonstrate early market validation or have a product in the field driving revenue, they work with idea-stage entrepreneurs all the way through corporate innovation teams.
  • Committed Teams: Founders and teams that are passionate, committed, and ready to actively participate in and benefit from RAP’s resources and network.
  • Founder Commitment: At least one founder must be dedicated full-time to the venture and engage actively throughout the program, with multiple founding or early team members welcome to participate in addition. Founders must demonstrate strong ethics, perseverance, and openness to mentorship.

Who can apply?

• Looking for companies:
  • in Data Analysis, Data Mining, Cloud Computing, Hardware Design, Machine Learning (ML), Data Modeling, Software Design, Sensors, Wireless Sensor Networks, Big Data, Smart Community, IoT (Residential and C&I), Industrial IoT, Wearables, Wireless Communication, IoT Wearables, 5G, Artificial General Intelligence (AGI), Data Intelligence, Edge Computing
  • located in Caribbean, Eastern Europe, Europe, North America, South America
  • incorporated or not
  • prototype, users or paying users stage
  • have raised funding or not
  • currently raising or not raising funds
  • have revenue or not

For more information, visit RIoT.