Accelerator

The applications for the 6th cycle are extended until July 2, 2023!

What we offer

The acceleration program is the core vehicle of our efforts. Activities have been designed according to the needs of the startups which will join the program as well as the need to connect and involve all stakeholders of the ecosystem. Our main objective is to offer a rich content which will address the business needs of the participating startups, provide hands on learning opportunities and tools for their ventures as well as guidance on how to scale up their business in the travel & hospitality market.

The duration of the acceleration program for each cycle will be 5 months with the option for startups to stay as a resident additionally for 3 months and continue to use the facilities for free. Apart from workshops and mentoring sessions, the program is enriched with local events, pitching opportunities, meetups, industry site visits and networking activities. Moreover, extrovert activities through learning and networking sessions, participations at trade shows and delegations abroad are also a key element of the program, in order to connect Greek teams with the rest of the world.

The program is offered to the selected candidates free of charge and without any financial requirements (equity or stocks from your company) but with the prospect that you will support our efforts once you become a successful business!

CapsuleT startups accelerator

Program Structure

  • 1

    Step 1: Application

    Read the eligibility criteria, prepare and submit your application by filling up the form before the deadline

  • 2

    Step 2: Evaluation

    Your application will be reviewed by our judging panel and if you are qualified you will be invited to an interview

  • 3

    Step 3: Acceleration

    Once you are selected, enter a 5-month acceleration program including workshops, mentoring, residence and networking opportunities

  • 4

    Step 4: Completion

    Complete the program, compete for the final awards/financial support and become an official member of our community!

Eligibility

Eligible candidates to secure a place in the program must be tech startups with a completed business proposal, must have at least a working prototype to showcase live and a team with at least 2 founding members to support the venture.

If you meet all the criteria, then the next step is to have the time to commit to our program for a period of 5 months. Commitment includes regular weekly attendance at the accelerator’s premises, attendance to all workshops & events when invited with at least one team member, time to work with your mentors and the enthusiasm to collaborate with the rest of the residence of the program.

The startup must have incorporated less than 4 years and has received funding less than 500.000 euros.

Applicants must be over 18 and have Greek nationality or residency (this regards the founding team).

Prizes & Awards

The teams participating in the program claim cash prizes of forty thousand euros (€40,000) in total from the Organizer provided they will successfully complete the CapsuleT Travel & Hospitality Acceleration Program.

Awards will be given according to the teams’ overall score in the program and the final evaluation will be made by the Judging Committee during the Closing Ceremony event. The graduation of the awards is as follows: 1st cash prize of 10,000 euros, 2nd prize of 5,000 euros and 3rd prize of 3,000 euros while the remaining participants/teams, if they complete the program successfully, receive 2,000 euros each. They also claim any other benefits by the strategic partners/supporters of CapsuleT that may will arise during the Program.

For the successful completion of the Program is required a minimum “Program Rating“ score based on the selected criteria, such as the grade of the presence in the Program, the grade of the response to deliverables, teams’ active participation in mentoring programs, workshops and events, the level of cooperation and their development during the Program.

Apply

Are you ready to share with us your travel tech solutions for hospitality and grow fast your startup?

The 6th cycle of the Acceleration Program will start in September 2023, and the applications will be open from May 29, 2023, to June 29, 2023.

👉 Kindly note that the deadline for submitting applications has been extended to July 2, 2023 at 23:55 (EEST).

Get ready for an Acceleration Adventure!

The 6th Cycle of our Acceleration Program (September 2023 – February 2024) is just around the corner. If you have established a travel tech or hospitality startup and are eager to boost its development and expansion, do not hesitate! Join the thriving community of CapsuleT and let’s make remarkable achievements together!

Our Acceleration Program is designed to empower entrepreneurs in scaling up their tech startups that offer innovative solutions in the travel and hospitality industry. The Acceleration Program’s main objective is to offer a rich content which addresses the business needs of the participating startups and provides hands-on learning opportunities and tools for their ventures, as well as guidance on how to scale up their business in the travel and hospitality market.

Which solutions are we looking for?

We are looking for tech startups that offer innovative solutions in the context of the following areas:

  • Hotel and food & beverage sector (indicatively, hotel management, revenue management, channel management, operations management, HR management, guest products & services etc.)
  • Distribution / transfers / mobility
  • Booking engines and ΟΤΑs
  • Activity providers
  • Sustainability solutions, such as food waste, energy and natural resources saving solutions (regarding hotels, tourism facilities, museums, but also places such as islands, villages, and other significant regions with extensive touristic concentration)
  • Accessibility solutions
  • Specialized communication and promotional solutions regarding the tourism sector (such as, social media engagement, service reviews, advertising etc.)
  • Fintech Solutions for Travel

Why you should apply

The duration of the Acceleration Program for each cycle is 5 months with the option for startups to stay as a resident additionally for 3 months and continue to use the facilities for free. Apart from workshops and mentoring sessions, the program is enriched with local events, pitching opportunities, meetups, industry site visits and networking activities. Moreover, extrovert activities through learning and networking sessions, participations at trade shows and delegations abroad are also a key element of the program, in order to connect Greek teams with the rest of the world.

It is noted that at least one member of each team/startup should give presence regularly and according to the program at the accelerator’s premises to join meetings, attend activities and build synergies with other teams/startups.

Interested in finding out more details? Go check our website (capsuletaccelerator.gr) or kindly follow this link.

Before submitting your application, please read through the Application Questions, as well as the Rules & Conditions and the Eligibility Criteria of the program.

Important note: please keep in mind that all applications have to be submitted in English. The program will run with physical presence.

Useful tips on how to complete your application:

1) Before submitting your application, please make sure you have carefully read the Application Questions.

2) Prepare all your answers in a separate file (e.g. Word document) on your desktop. Keep in mind that there’s a character limit per answer (as described in each question).

3) Take into account that, once you submit your answers, you will not be able to edit or remove them.

4) Kindly remember that only one application per team will be accepted.

👉 Kindly note that the deadline for submitting applications has been extended to July 2, 2023 at 23:55 (EEST).

Don’t miss this extraordinary chance to accelerate your startup’s success!

Submit Application

Read the Rules & Conditions here.