Georgian networking space Impact Hub Tbilisi has announced the launch of a new pre-acceleration program — Startup Pre-Accelerator 2022. The 12-week equity-free program aims to develop 20 local early-stage technology startups and increase their ability to attract investment, CBW reports.

The startups can apply now and up until September 18 here.

Who can apply?

Georgian early-stage technology startups are eligible to participate, if they meet the following conditions:

  • Have scalable business model;
  • Have a prototype or at least the potential to have a tested prototype by the end of the program;
  • Its team consists of at least 2 founders, who are dedicated to building their startup full-time.

What to expect?

The pre-accelerator program will last 12 weeks, starting on October 6. It will be held in a hybrid format (online and offline meetings), and consist of individual mentoring, different networking formats, as well as a work in co-working space of Impact Hub.

After the completing the pre-accelerator the startups will have: a business plan, a business model, a financial plan, as well as a communication strategy, a product prototype or a technical plan for its implementation.

The program will end on December 13 with the Demo day, where participating startups will present themselves to investors, and have the opportunity to obtain investment for the development and expansion.

About startup Pre-Accelerator

The startup Pre-Accelerator was founded in 2021 by Impact Hub Tbilisi’s team. It is a 3-months equity-free program that supports early-stage tech startup founders from prototype to investor-readiness. The program is perfectly designed for employees, students and anyone else who wants to start a business.