Western Accelerator

By mmuise
Description:

Launched in January 2017, the Western Accelerator, a four-month program, is an immersive education in entrepreneurship for new high-potential ventures. It is a critical component of the entrepreneurship ecosystem at Western University. It provides an intense, rapid and immersive education for prospective entrepreneurs. Its goal is to accelerate the life cycle of high potential ventures and to compress a year's worth of learning into a few months for their entrepreneurs.


Comments on Funding:

Accepted founders will receive $12,000 in funding.
There are two (2) cohorts per year.

Deadline: Currently accepting applications
Eligibility:
  • At least one founder must have a connection to Western (Student, Faculty, Staff or Alumni);
  • Teams must be willing to contribute a full-time effort (Monday to Thursday from 9 a.m. to 2 p.m.);
  • Teams can have up to three founders;
  • Founders working out of the Accelerator must have decision making ability;
  • Founders are required to participate in all Accelerator events, workshops and competitions throughout their time in the Western Accelerator.
Application Steps:

Stage 1 - All teams are required to submit a written application via GUST platform.

Stage 2 - Applications are reviewed by an anonymous and diverse panel of Judges, and the top ranked teams will have the opportunity to pitch their business to a selection committee. Each team has five (5) minutes to pitch their startup, followed by five (5) minutes of Q&A.

Documentation Needed:

Applicants (teams) must share/upload the following to support their written application:
1. Executive Summary;
2. Company Logo;
3. Company Website;
4. Team Picture;
5. Youtube Link to their 3-minute Investor Pitch Video;
6. Youtube Link to their 1-minute Marketing Video / Advertisement;
7. Investor Pitch Slide Deck.

Other Things to Note:

Applications are now open for the Winter 2024 cohort.

About the author
mmuise