Deadline: April 30, 2024
Applications are open for the Styleit FashionTech Accelerator 2024. Are you an early-stage FashionTech startup with high growth potential? Do you want to work with the most important Italian organizations and companies in the industry? Do you want to get in touch with a community of high-level mentors able to accelerate your development? Styleit is the one for you!
Immerse yourself in an intense 13-week accelerator program in the beautiful location of Manifattura Tabacchi in Florence where you can collaborate with leading companies, institutions and investors in the FashionTech sector and receive economic resources and high-level professional support.
The 10 selected startups will benefit from a pre-seed investment of about €113,000 and will be able to participate in subsequent post-acceleration funding of up to €500,000, as well as concrete and ongoing support from the promoters’ team, to be increasingly competitive in the market and achieve an up-round.
Key Focus Areas
- Circular Business Model
- New Materials & Processes
- CSR
- Smart Product Development
- Supply Chain Evolution
- Product Interaction
- Unified Commerce
- Customer Engagement
Benefits
- Coaching and Strategic Support: A 13-week training course designed to help entrepreneurs scale their business and establish themselves with innovative solutions for the FashionTech industry.
- Masterclasses: A calendar full of masterclasses taught by FashionTech managers and experts covering all key aspects of startup development, from product economics to business development and fundraising.
- Top Corporate Partners: Relationships with Styleit’s Corporate Partners and leading FashionTech brands with whom to experiment with proposed solutions.
- Network & Community: Access to the world of FashionTech combined with Startupbootcamp and Gellify’s experience in supporting the growth of hundreds of startups in FashionTech that can offer valuable advice, collaborations, and business opportunities.
- Mentorship: Coaching with dedicated mentors, FashionTech professionals and the accelerator team to receive guidance, support and practical advice on how to approach the market and prepare for investors.
- Co-Working Space: Dedicated co-working space at the Manifattura Tabacchi in Florence, a new neighborhood in the city that embraces the energy of fashion, art and design.
- Initial investment and follow-on: A total package of €150k in cash and services. A follow-on investment already committed of at least €150k for top-performing startups.
- Discounts & Benefits: Exclusive discounts, offers and credits with leading partners in technology (e.g., Amazon Web Services, Google Cloud, Stripe, HubSpot, etc.), payments, legal and compliance, insurance and human resources.
- Alumni Growth Program: Ongoing support, even after the program, with annual alumni events, business opportunities and ad hoc connections.
- Industry Events: Unique opportunity to participate in the many national and international events related to the FashionTech world.
- Investor Access: Access to Venture Capital funds and investors most active in the Italian and international FashionTech sector.
- Demo Day: Grand closing event to celebrate the progress achieved by startups during the program with the participation of corporate partners, mentors, investors and FashionTech industry stakeholders.
Eligibility
- Open to startups in the MVP/prototype, seed and pre seed, first market traction and scale-up stage operating in the FashionTech sector.
- You can apply even if you have not yet established your company, as long as it is established within 2 months of joining the program.
Application
- The program will be in-person and will take place in the beautiful setting of the Manifattura Tabacchi in Florence, a new district of the city that embraces the energy of fashion, art and design where it will be possible to connect with key players in the Italian FashionTech system.
- During the 13-week program, activities are organized to engage startups for an average of two days per week. Teams will also have co-working stations in Florence for the duration of the program.
For more information, visit Styleit FashionTech Accelerator.
