Program and Benefits
CCTA 2020 Acceleration Program is a 16-week intensive training and mentorship program that will lead the technology startups to become investment and market ready by providing the following benefits: Business Development Support: Participating startups will be guided in all phases of business development, including development of product/service, team composition, value proposition, market strategy, customer traction, business model, funding strategy, etc. International Mentorship: The startups will have the opportunity to work with leading business and tech international mentors. Funding as an integral part of the program: To fuel the further growth of successful ventures, the program is partnering also with ADB Ventures. ADB Ventures was established in January this year to support and invest in technology-driven businesses with significant potential to scale and deliver impact. Its inaugural ADB Ventures Investment Fund 1 has a 17-year fund life and supports early-stage and growth-stage cleantech, agricultural technology, fintech, and health technology businesses. Its focus will be on companies with solutions that can address climate change and empower women. Also, the brightest AIM CCTA vol. 3 ventures will be given the opportunity to present their ideas to Granatus Ventures and seek investment from its Granatus Tech4SDG fund. Established with the support of UNDP in Armenia, Granatus Tech4SDG Fund has the vision to support deep tech startups tackling the world’s fundamental problems. The new fund will make investments in technology-driven ventures that demonstrate strong potential for social and environmental impact.
The most promising startups will have the opportunity to:
Pitch their ideas in front of the evaluating committee, who will select the ones worth monetary awards of up to USD 10,000. Participate in worldwide startup targeting events (such as WebSummit, Rise Conference, etc.) Implement the PILOT PROJECTS for further scaling in the market Pitch face to face or online to worldwide investors Be introduced to VCs; investment channels and finance sources