Accelerators

Tekwill supports acceleration of new products and tech startups.

The implemented programs have the mission to connect communities and stimulate the creation of new startups, but also to develop innovative products.

 In this regard, so far 470 teams have enjoyed assistance – business consulting services and financial instruments, international connections, etc. Supported programs include XY Accelerator and Upcelerator.

XY Accelerator

The program is intended for entrepreneurs who are looking for financial investment and mentoring for business development. In addition to financial investments, mentoring sessions, access to an extensive business network, startups will also benefit from broader consulting from the team of internal mentors consisting of Olga Melniciuc, Dumitru Ciubatii, Alexandru Lebedev and Traian Chivriga.

XY Accelerator III

Taking place between June 1 and August 31, 2021 and will invest $ 10,000 in selected companies. Startups also have the opportunity to interact with experts from the most famous local and international companies such as Facebook, Emerson, Google, Moldova Agroindbank, QSystems Moldova, ByteDance etc.

XY Accelerator II

During the program, the angel investors part of Business Angels Moldova selected two companies for follow-up investment, Kiddo led by Diana Ivanov and DronesC led by Alexandr Vapilov. Kiddo received an investment proposal of $10.000 angel investment whereas DronesC will receive $8.000 in funding if the company during the next 2 months delivers on a set of KPI-s.

XY Accelerator I

XY Accelerator registered 85 applicants with a mix of both traditional (58%) and tech-oriented businesses (42%). 9 teams were selected to present in front of the partner’s team to be accepted in the program (Woop, Teleportravel, Setupvibe, A1, Privelege Tuxedo, SneakersWash, MyMoneyFlow, Foxy&Wolfy, Online apps in cloud).

Upcelerator

Upcelerator is a online Accelerator supported by Tekwill.

For 4 months, 57 entrepreneurs benefited from the support of over 42 international and local mentors, receiving over 500 hours of mentoring and performing over 200 tasks each. The participants benefited from a step-by-step structure, mentorship and peer support, live Q&A sessions with international and local mentors and experts, and task sets ranging from market analysis to fundraising. At the end of the program, the most promising startups get the opportunity to receive a round of investments worth $ 10 thousand within the framework of the program.