Acceleration, Incubation & Venture building service

LevelUP

Provided by North-West Regional Development Agency (INNO) · Romania

Service description

The LevelUP Health & Life Sciences Accelerator is an intensive 5-month programme designed to accelerate early-stage (under 5 years) Life Sciences startups. Within the accelerator, teams will receive expert support in areas such as customer discovery and understanding, solution development and validation, fundraising, obtaining certifications, and pitching. The programme starts with an introductory bootcamp where selected teams will kick off the sessions with a 2-day bootcamp for the startups to choose their mentors and define a personalised roadmap. Bimonthly meetings will take place every two weeks, where the teams will present their progress, discuss how they have completed their assignments, receive feedback from experts, and participate in specialised training to progress to the next level. A mentorship programme will be setup throughout the accelerator and participants will have access to experienced mentors who will guide them in achieving their set goals. Between sessions, teams will have at least one hour of 1:1 mentoring, and an evaluation and elimination process that takes place mid-programme. Towards the end, the startups will present their solution and progress based on the roadmap set at the beginning in front of a jury of experts. Following this, on a Demo Day, the startups will have the opportunity to pitch their solution to a specialised audience consisting of investors, experts, and prospective clients. The LevelUP Accelerator is completely free, and founders are not required to give up equity to participate.

LevelUP is an annual programme. However, based on request, it can be replicated to fit the market needs.

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