Deadline: 19 January 2024
Applications are now open for the gener8tor Luxembourg accelerator, a 12-week program that supports leading startups across various industries with the seed capital and tools needed to build and scale their business.
The program, based out of Luxembourg, has a combination of in-person and virtual components. gener8tor prioritizes startups focused on driving systemic change at the corporate, government, and community level, as well as founders that embrace sustainability as a way to transform antiquated industries.
gener8tor selects five to seven startups to go through each three-month accelerator. The program provides hands-on and dedicated support for each startup to help them grow, as well as provide direct connections to experienced mentors, technologists, corporate partners and investors. Each startup also receives an investment as part of the program. Founders from across Luxembourg and the region that are looking for support in building out and scaling their startups are invited to apply to the program.
What do they provide?
- Investment: Selected teams will receive a €100,000 investment in return for 7.5% equity in your company using a Simple Agreement for Future Equity (SAFE).
- Strategic Network: They make highly relevant and impactful connections to corporate partners, investors and experienced mentors to help you scale your impact. Build relationships within the cohort of five companies, and the community of gener8tor alumni.
- Focused Support: 1 of 5 not 10 not 15 not 100. They only invest in five to seven companies per program. They focus all of the time, energy and network on you.
- Mentorship, Coaching & One-on-One Meetings: Twelve weeks of individualized coaching and mentorship from the gener8tor team during bi-weekly, one-on-one meetings. One-on-one meetings with 100+ connections including serial entrepreneurs, industry experts and investors.
- Weekly cohort programming on relevant and impactful topics.
- Exclusive Premiere Night reception during which participating companies have the opportunity to pitch to an audience of entrepreneurs, mentors, investors and community members.
- $1M + in deals and perks from vendors like IBM Cloud, Rackspace, Amazon, PayPal, Zendesk, Hubspot and Microsoft.
Criteria
- This accelerator is open to all startups based in the European Union with no requirement for relocation. The program will be mostly virtual, aside from some key in-person events in Luxembourg.
- Applications are open to teams based anywhere in the EU. While this program will be virtually held, there will be a few in-person meetings in Luxembourg. Ideal participants are in the early-stages of growth for their startup and pre-series A. They are focusing on startups driving systemic change and look to engage with founders that reflect diverse communities. They strongly encourage diverse and underrepresented founders to apply.
- You can participate as an investor.
For more information, visit gener8tor.