The imec.istart Business Incubation Program is specifically designed to help starting entrepreneurs set up their tech business. During a period of 6 up to maximum 18 months, imec provides financial means (max. 50k EUR as direct equity investment) as well as coaching and training, depending on your specific needs (expert coaches, in-depth training on certain themes, entrepreneur-in-residence …).
Our program focuses on start-up projects with a certain technological inventiveness (though broadly interpreted) and with the potential and ambition to become a 'born global' company.
Even though a minimal support towards further technology development can be given as well, the main focus lies on business development (developing, validating and implementing a business plan, clarifying the intellectual property situation, market analysis, customer contacts through fairs, marketing and sales activities …).
Eligible projects are not necessarily limited to subjects related to the imec research domains. But, in order to be eligible, some form of proof-of-concept or prototype of the core product/technology is a necessity. At the time of submission, your start-up does not need to be established yet. However, if you are selected, we expect you to establish a legal entity.
The imec.istart manual includes all details on the program, the conditions that apply (e.g. for the imec.istart support, imec received 6% of the equity in your start-ups), the support offered by imec.istart and e.g. the evaluation criteria. Each application will be reviewed by imec and its imec.istart fund partners.
imec.istart secured the 2nd place in the European 'Top University Business Accelerators' ranking by UBI Global, in 2015, and the 4th place in its global ranking, after a screening of more than 500 incubation programs from all over the world. Discover all about imec.istart
If you meet the above criteria, you are welcome to submit your project proposal. Also mark the following dates:
- 2 May 2017: Call opens
- 1 June 2017: Call closes (11.59pm)
- 14 June 2017: First selection by imec.istart
- 20-22 June 2017: Intake meetings with pre-selected projects - Please save these dates!
- 26 June 2017: Announcement of selected projects
- End of June / Early July 2017: Start for the selected projects