Germany's largest CleanTech accelerator: Applications for the Summer Batch of the Climate KIC Accelerator are still possible until February 6.
In three six-month phases, the Climate KIC Accelerator offers support, advice, and financial support of up to €95,000 per startup. However, €50,000 of this funding will only be awarded in the third phase and only in exchange for the right to later convert the entire investment into company shares.
In the first phase of the accelerator, startups develop their business model. The second phase involves validating the business model and acquiring their first customers. The final phase is designed to prepare the young companies for negotiations with investors and scaling their business.
Why an accelerator?
Further information about the Accelerator can be found on the Climate KIC websiteFelix Harteneck from ParkHere also recommends that all founders get support on board:
"When you want to know something from other business leaders, it's always easier when someone else has already warmed up your contact. When you do everything on your own, it's only a matter of time before you fail"
