Styleit Accelerator

Styleit Accelerator is a FashionTech accelerator based in Italy. It was established as part of an initiative by CDP Venture Capital SGR in collaboration with Startupbootcamp and GELLIFY. The accelerator focuses on supporting early-stage startups in the fashion technology sector.

Styleit Accelerator invests in pre-seed startups, providing approximately €113,000 in initial funding, with opportunities for follow-on investments of up to €500,000. The accelerator targets various key focus areas, including Activity & Performance, Fitness & Lifestyle, Wellness & Nutrition, Fan Experience & Metaverse, ESG & Sustainability, Gaming and E-Sports, Management & Organization, Venue & Stadium Tech, Innovative commerce, platforms & marketplaces, Smart materials and wearables, Digital sourcing and crowdsourcing, and Sustainable production and recycling.

The accelerator aims to enhance the competitiveness of selected startups through business training, workshops, mentorship, and collaboration with corporate partners.

<p><strong>What are the eligibility criteria for applying?</strong></p><p>Styleit Accelerator is open to pre-seed and seed stage startups focused on the FashionTech sector. Founders should demonstrate a commitment to innovation and sustainability in their business models.</p><p><strong>How does the application process work?</strong></p><p>Interested startups can apply through the Styleit Accelerator website. The application process typically involves submitting a business plan and details about the founding team.</p><p><strong>What are the deal terms offered by Styleit Accelerator?</strong></p><p>The accelerator provides an initial investment of approximately €113,000, with potential follow-on investments of up to €500,000.</p><p><strong>What is the format of the program?</strong></p><p>The program includes a combination of workshops, mentorship sessions, and collaboration opportunities with corporate partners, delivered through both in-person and virtual formats.</p><p><strong>What makes Styleit Accelerator different from other accelerators?</strong></p><p>Styleit Accelerator focuses specifically on the FashionTech sector, providing tailored support and resources to startups in this niche. The emphasis on sustainability and innovation sets it apart from other programs.</p><p><strong>What success metrics does Styleit Accelerator use?</strong></p><p>The accelerator measures success through the growth and competitiveness of its startups, including funding raised, market traction, and partnerships formed during the program.</p>