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01
Incubation Process
Application & selection
The incubation program at the LKSDIL will have application process
where startups can apply to be part of the program
The program will select startups based on criteria such as quality of their business idea, potential of their product or service, and strength of their team
Mentorship & coaching
Access to resources & facilities
Workshops & training
Demo day
Tailored support
Startups in incubation program will receive mentorship and coaching from experienced entrepreneurs, industry experts, and investors.
Mentors will provide guidance on business strategy, product development, marketing, and fundraising
Startups will have access to resources such as office space, meeting rooms, equipment, and software.
The incubation program will also provide access to a network of investors, advisors, and potential customers
The incubation program will offer workshops and training sessions on topics such as business planning, marketing, sales, and fundraising.
These sessions will be led by experienced entrepreneurs or industry experts.
At the end of the incubation program, startups will have the opportunity to pitch their product or service to a panel of investors, potential customers, and industry experts
This pitch event is often called a "demo day" and can help startups raise additional funding and gain exposure
The incubation program at the LKSDIL will be tailored to the specific needs of each startup
The program will work closely with each startup to identify areas where they need support and provide customized solutions to help them overcome challenges
02
Accelerate Application Cycle
at the Lab is a startup accelerator program
This program is specifically designed to support early-stage startups in their growth and scaling efforts. Startups from various industries are encouraged to apply for the program and receive resources to help them develop their products, build their teams, and acquire customers.
Throughout the program, startups are provided with a range of benefits, including mentorship, workshops and training sessions on various topics such as business strategy, marketing, and fundraising.
Startups are also given access to office space at the LKSDIL for the duration of the program. Furthermore, each startup receives a seed investment to help them grow their business.
The program also offers networking opportunities by connecting startups with a network of investors, industry experts, and other entrepreneurs. At the end of each cycle, startups have the opportunity to pitch their businesses to a panel of investors and industry experts at a Demo Day event.
All in all, the Accelerate Program at the Li Ka Shing Design and Innovation Lab is an excellent opportunity for startups looking to accelerate their growth and take their businesses to the next level. With two cycles per year, each lasting four months, the program provides ample opportunity for startups to participate and benefit from the program's resources and support.
The programme runs twice per year
Each cycle lasts for four months
DEC
SEP
The first cycle starting in September and ending in December
JAN
JUN
The second cycle beginning in January and concluding in June
03
Application Requirements
for the Accelerate Program may vary depending on the year, but typically include
Early-stage startup
Innovative idea
Strong team
Commitment
Potential for growth
Legal structure
Application form
Pitch deck
The program is specifically designed for early-stage startups that are seeking to grow and scale their businesses
The startup should have the potential for significant growth and expansion
Startups should have an innovative idea or product that solves a pressing problem or fills a gap in the market
The startup should have a legal structure in place, such as a registered company or limited liability partnership. Or, have a plan to create a legal structure in the funding cycle
The startup should have a strong and dedicated team with relevant skills and experience
Startups are typically required to complete an online application form that includes information about their business, team, and growth plans
The founding team should be committed to the program and willing to actively participate in the workshops, training sessions, and mentorship opportunities provided
Startups may also be required to submit a pitch deck outlining their business idea, market opportunity, and growth strategy
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