Deadline: 21 october 2022Grant: up to 10 000 000$
Lifeasapa Accelerator for the innovative products development

Lifeasapa Accelerator for the innovative products development

Lifeasapa Accelerator is part of Lifeasapa’s pilot project that supports innovative ideas and high-risk, high-potential startups and helps them to enter the market with their innovative ideas that can drive economic growth. All selected companies can receive grant or mixed funding (grant + authorized capital). In addition to funding, Lifeasapa Accelerator provides business coaching and mentoring support to companies to scale up their innovative solutions.

PROGRAM FEATURES

Funded projects: companies that are engaged in the development of artificial intelligence and neural networks, innovative developments, projects that are focused on the technologies of the future, the development of the world, support for ecology and the Millennium Development Goals. Projects with Technology Readiness Level (TRL) 6-8 are eligible for grant funding for the following activities: advanced prototyping, validation, testing, demonstration and testing in real life, certification, and other related activities which can help when a company prepares for global scaling of its innovative solution. Commercialization activities (above TRL 8) can only be funded through mixed funding.

Project size: 0.5-2.5 million euros (grant only) + up to 15 million euros of investments (grant + owned capital)

Funding rate: 70% for grant and 100% for investment

Time for the receipt: about 5 months from the application date.

SUCCESS CRITERIA

Your startup should be:

  • Disruptive
  • Aimed at global market
  • With prototype
  • Close-to-market
  • High-potential
  • Scalable

Please send your application forms by mail [email protected] in PDF format. («Nameofstartup_Country_Year»)

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