Applications Invited for IBM Hyper Protect Accelerator 2021

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About the Organization:

Village Capital leverages entrepreneurship to drive impact at scale. They are the largest organization in the world supporting impact-driven, seed-stage startups. Since 2009 our team has directly worked with more than 1,100 entrepreneurs in 28 countries, and their affiliated fund, VilCap Investments, has invested in 110 startups that have gone on to raise more than $4 billion in follow-on capital.

IBM Hyper Protect Accelerator 2021

IBM Hyper Protect Accelerator is an investment-readiness and technical mentorship program, run in partnership with Village Capital and IBM. The program supports impact-focused startups leveraging highly sensitive data to improve the quality of, and access to digital, financial and healthcare services.

This year the program will expand to support more companies working on impactful datatech products. The 2021 program will consist of three components:

• The IBM Hyper Protect Accelerator (15 companies): 2 years of technical mentorship from IBM (including up to $120,000 of free IBM cloud credits) & a 3 month intensive Village Capital Investment Readiness Accelerator with bespoke mentor and investor matching.
• Friends of Hyper Protect (40 companies): 2 years of quarterly technical mentorship from IBM (including up to $120,000 of free IBM cloud credits) & a 3-month Investment Readiness support from Village Capital focusing on milestone planning and investor matchmaking.
• The Datatech for Good Coalition: A coalition on Village Capital’s Abaca platform that matches datatech for good startups with like-minded investors and peers.

Eligibility:

If managing sensitive data is at the core of your business, this accelerator is for you!  To be eligible, you must be:

• Legally incorporated as a for-profit entity
• Using personally identifiable information to increase access to digital, financial, or healthcare services.
• Under $1 million in yearly revenue
• Less than 5 years old
• Have some traction (this is not limited to revenue, but can include successful pilot studies, number of users, and/or strategic partnerships)
• Have positive social impact
• Be able to commit to attendance of a founder/member of exec team (~40 hours total between October and December 2021, 3 hour sessions)

Benefits:

• Each startup will receive IBM Cloud credits of up to $120,000, participate in 40+ hours of virtual technical and business mentorship, investment milestone planning, and access to IBM and Village Capital’s network of partners, investors, stakeholders and mentors. 

For more information please check the Link