To qualify for the German Accelerator Tech program, the company must be a medium-sized enterprise (SME). You can take an SME Self-Assessment Questionnaire to see whether your company qualifies as a small and medium sized enterprise as defined in the EU Recommendation 2001/361/EC. Read more about SMEs here.
We are looking for companies that have the potential to become global market leaders. Participating company size varies widely and does not impact acceptance into the program. We support startups with as few as five team members and little revenue to more mature companies with more than 100 team members and eight digit revenue figures. Some key factors we look for include:
- Product is highly relevant for the U.S. market.
- Startup is adequately funded through your potential program participation including the associated travel, accommodation, and business expenses.
- Team has the bench strength and bandwidth to operate in two locations for the duration of the program participation.
Visit our Tech and Life Sciences pages to find out which program is right for you. Both programs seem relevant for you? Send us an email.
There is no age limit for companies to participate. Qualification depends on a variety of factors, such as U.S. market potential, operational effectiveness, team, and funding, among others. The youngest company to participate was founded just over one year prior to entering the program. The oldest company incorporated more than 10 years before joining.
Company size varies widely among participating companies. Startups with five team members and little revenue have qualified as have larger, more established companies with more than 100 employees and eight digit annual revenues.
As long as your company is incorporated in Germany, you are welcome to apply. Founder nationality doesn’t impact selection into the program.
Most of the successful startups consist of a founding team with complementary skill sets. But still, if you have built up a great team, you have a good chance of being selected.
All program services, including mentoring and office space, are free to participating companies. Companies, however, are responsible for associated costs, such as travel and accommodations.
No. We take no equity in your company.
Program participants are responsible for covering all of their associated expenses, including travel, accommodations, and any other costs related to developing your business in the U.S.
[Note: German Accelerator Tech will provide a starter kit and sample budget as soon as you are selected for the program.]
All provided services are free of charge for program participants. Please note: Upon acceptance into the program and no later than 8 weeks prior to program start, each selected company will be asked to confirm their participation, preferred program location, and quarterly start date. To guarantee their spot in the program, each selected company is required to pay a refundable participation deposit of €1,000 NET (within 3 business days of confirming program participation). The deposit will be refunded in full upon successful graduation at the end of the three-month program.
You can apply online at any time. Start by providing your company name, email address, and answers to two basic questions. You will then receive a confirmation email with the instructions to continue the online application process.
Application process overview:
1) Online Application - Answer about 20 questions
2) Two Skype Interviews (30 mins each)
3) Presentation in front of Selection Committee in Germany (only selected applicants will be invited to present to the Selection Committee)
4) Participants announced at Celebrating Innovation event in Germany
We have established an expert committee which evaluates all applications based on a pre-defined set of admission criteria.
No. Just fill out the online application and upload a short video introducing your team.
Our application process does not require you to provide information about your “secret sauce”, and you will not be required to disclose information about details of your proprietary technology. We will, however, ask for information that demonstrates your business progress, funding status, and market opportunity. This information is critical to help us evaluate your fit for the program.
Our program is highly competitive, and, unfortunately, we can’t accommodate all applicants. We do our best to select the companies that we believe have the greatest potential to benefit from the program. If you are not accepted the first time you apply, you are welcome to re-apply for another program start date. One piece of advice: You have the best chance for being admitted if you update your application demonstrating any additional company and business progress before re-submitting.
The program starts on the first Monday of each quarter. We host 4 cohorts per year.
Three months. Selected companies are invited to extend their participation for an additional three to six months, depending on accomplishments and potential.
At least one of the founders or C-level executives should attend the program. However, we recommend that at least two people participate in the program, including one with significant business background and expertise.
Yes, almost. We are committed to making the program a valuable experience for your company, and we expect the same level of commitment from you. To get the most out of the program, you are required to spend at least ten weeks out of three months at your program location (Silicon Valley or New York City).
We are happy to support your visa application with a letter of recommendation. However, as visa/immigration issues can vary according to your personal situation, we recommend that you obtain expert advice and/or contact the U.S. embassy.
That’s up to you. We don’t provide accommodations, but our people, who have been living locally, can help you find an appropriate place. We will also provide Starter Kit with information and links to housing options and resources.
Our mentor network consists of experienced entrepreneurs, industry experts, and leading investors. Based on your company’s needs, we will match you with one or several individuals with the relevant experience and expertise to support your company during the program. Our mentors work with participating companies in one-on-one, in-person sessions to help you evaluate your U.S. market opportunity and devise a winning strategy to expand your business in the United States. In addition, you will have near-daily opportunities to interact with and learn from our network of mentors and experts, including focused workshops and regular events. Learn more about our mentors here.
You will become part of our active alumni network. If you need workspace in the U.S. and if it is available, we are happy to continue to provide our office space at the current market rate.
We are a team of successful entrepreneurs and investors who truly enjoy helping German startups become global category leaders. We want to support your success in the United States.
There’s no catch. We receive financial support from the German government (BMWi) and leading global companies to fund the German Accelerator. The only catch is that you will be required to fill out a few surveys and work harder than ever!
Yes, please stop by to introduce yourself and find out more about the program, especially if you are bringing German candy. Be sure to schedule an appointment in advance.
Yes, you can apply to be an associate. Our minimum required commitment is 6 months, but a 12-18 month commitment is preferred. Please send us an application letter stating why you want to work in either Operations & Administration, Marketing & Communications, or Business Development.