weXelerate

weXelerate is an innovation ecosystem based in Vienna, Austria, founded in 2017. It was established by Austrian corporates with a focus on fostering corporate-startup collaborations. The organization aims to support innovation through a variety of services and a collaborative environment for startups and corporates.

weXelerate invests in innovation by providing a membership-based network that connects corporates, startups, service providers, and academic institutions. The organization emphasizes collaboration and learning among its members to stimulate transformative ideas and adapt to an ever-changing business landscape. Key areas of focus include technological and digitized innovations across various sectors.

weXelerate offers tailored mentorship, access to corporate and investor networks, and a collaborative environment for startups. The organization also provides a membership program for corporates to access the innovation ecosystem and various collaboration formats.

<p><strong>What are the eligibility criteria for weXelerate?</strong></p><p>Startups from various sectors, particularly fintech, healthcare, and energy, are eligible to apply. The program is open to innovative companies looking to collaborate with corporates.</p><p><strong>How does the application process work?</strong></p><p>Interested startups can apply through the weXelerate website. The selection process involves reviewing applications and conducting interviews with shortlisted candidates.</p><p><strong>What are the deal terms for participating startups?</strong></p><p>weXelerate does not require equity from participating startups, making it an attractive option for founders looking to retain ownership while gaining access to valuable resources.</p><p><strong>What is the format of the program?</strong></p><p>The program includes a mix of mentorship, networking events, and collaborative workshops. Startups engage with corporates and industry experts throughout the duration of the program.</p><p><strong>What makes weXelerate different from other accelerators?</strong></p><p>weXelerate focuses on corporate-startup collaborations, providing unique access to a network of over 80 member companies. This approach enhances innovation and market access for participating startups.</p><p><strong>What metrics does weXelerate use to measure success?</strong></p><p>Success is measured by the growth of participating startups, the number of collaborations formed, and the overall impact on innovation within the member companies.</p>