FAB XAccelerator 2022
Business Model
Design with Impact
1 month
Fabulous startups ready to accelerate exceptionally…
No one ever said building a startup is easy, but what if we can make the journey a bit more inspiring?
We are opening the doors to our brand new FAB X-22 accelerator program right now!
Do you happen to be a startup with a proof-of-concept idea in the area of Food & Beverage, Travel, Services and/or Tech and beyond, and are you ready to go to market in 2022?! Then the FAB X accelerator program is just right for you.
We’ve got your back!
Because sharing is caring…
You will get your own mentor with experience in your specific field, giving you guidance but also total honesty. You will have access to over ten expert-based workshops to elevate your startup on various topics. But we also believe it is about community, as learning happens from interaction among and with your peer startups, our partners and mentors, and that’s why we also take care that there is a little time for fun and inspiration. During our monthly atelier sessions, we will bring everyone together for showcase and Q&A. If you have some time left between all the sprinting and hard work, there will also be plenty of optional social events offered along the way.
In addition, the official program partners, METRO, Herd Kitchen, Talent Garden Austria and Modul University Vienna will offer you access to their services and facilities to test your MVP and network with professionals and academic experts.
We promise you 16 weeks of fun and laughter, hard work, a steep learning curve and at the end it will all culminate in an exciting investment-focused Startup Demo Day!
How can you apply?
You can submit the following documents here before 31st January 2022 and the best 10 startups will be selected.
- a pitch deck of max. 15 slides (including team, business model, indicators or proof-of-concept).
- a short and dense summary of your startup’s business plan in order to qualify for the selection process (max. 3000 signs)
- a short description of what you expect the FAB X-22 accelerator program can do to help your startup grow (max. 3000 signs)
Note: Your startup preferably is in Vienna and surroundings; however we do make expectations if your startup happens to be based somewhere else around the globe. In such cases we will facilitate access online.
How do we decide who is in?
The survival of the fittest it is! We have a close look whether your proof-of-concept reflects the following indicators and the best 10 startups will be selected, based on the following parameters:
- The degree of innovation within the business model
- The level of sustainability and social impact
- The quality of proof-of-concept
- Feasibility of the business model
- Market size, targeted consumer base and potential of scalability
- Use of innovative and/or new resources
- Expertise of the team
Building blocks of FAB X
Timeframe:
March-June 2022
FAB Startup Success Stories
Program Partners
Our partners are thrilled to open the floor for startups that will revolutionize the industry and care for a better future, here is why…
Suresh Sivagnanam
Owner & Managing Director
Modul University Vienna
“I am passionate about mentoring, educating and investing in the CEOs of tomorrow. For this reason, I am very proud of the Talent Squared Startup Hub accelerator program powered by MU Vienna.”
Marko Ertl
Co-Founder, Herd Open Kitchen
“Herd Open Kitchen’s mission is to make founding and running a food business easier, less risky and reduce the barriers to entry as much as possible. As a result, we are very proud to be part of the 4th round with an even more comprehensive and improved program to help startups get off the gorund and grow.”
Federico Curatolo
Event Management Lead, Talent Garden Austria
“Talent Garden is the place for explorers and innovators: there couldn’t be a better match than FAB X, a startup accelerator that can engage and change a startup for the better, giving it the right tools to be disruptive and tackle today’s market. Take the challenge, THE place for the Austrian innovation ecosystem is looking forward to welcoming you soon!”
Xavier Plotitza
CEO, METRO Austria
“We consider ourselves to be coaches for startups in the food and beverage sector in particular, and also mentors for young entrepreneurs in other important areas. With the FAB Accelerator, we would like to give Start-Ups a successful start into business life and support innovators in bringing passionately developed products or innovative services to the customers of tomorrow. With Talent Garden as an additional Accelerator cooperation partner alongside HERD and Modul University, young talents have even more possibilities to benefit from different perspectives and expertise on their way to market entry.”
Let’s have a coffee together…
Lidija Lalicic
Accelerator Program Lead
lidija.lalicic@modul.ac.at
Rachel Doherty
Startup Hub Coordinator
rachel.doherty@modul.ac.at
Andreas Schweighofer
Managing Director TS
talentsquared@modul.ac.at
Application
We accept 10 startups to this batch – so be quick to apply!
Make sure to include:
- your pitch deck of max. 15 slides (including team, business model, indicators or proof-of-concept – PDF)
- a short and dense summary of your startup’s business plan in order to qualify for the selection process (max. 3000 signs – PDF)
- a short description of what you expect the FAB X 22- accelerator program can do to help your startup grow (max. 3000 signs – PDF)
Application closes 31.01.2022