500 X KIC Growth Bootcamp is a U.S. market entry program for startups co-hosted by 500 Startups and KIC Washington, the world’s leading startup accelerators, and will be online for five weeks from January 18 to February 19.
As a full-fledged commercialization program, it will give you a chance to verify whether your business model and product can successfully work in the global market. It will also be a valuable opportunity for companies that have no prior experience entering the U.S. market and you will obtain program references from global startup accelerator, 500 Startups.
* Program Purpose:
- Preparing to build a reference through pilot projects with local businesses
- Building US Local Investor and Sales Pipeline in the U.S.
- Creating corporate business models oriented to the U.S. market and completing a valid pitch deck for the U.S. investment market
- Promoting corporate solutions and increasing a chance of corporate exposure through a demo day
* Program content:
- Establishment of strategies to Enter the U.S. Market: Developing Specific plans on Target Customer Segmentation, Value Proposition, etc. through lectures and mentoring sessions
- Expert mentoring: Weekly Growth Meeting (1:1 customized coaching) with mentors from 500 start-ups
- Pitching Boot Camp: Learning the concept of business pitch and modifying and improving pitch deck and methods
- Demo Day: Networking with well-known U.S. investors and strategic partners, company introduction presentation, and product demonstration
* Participants:
- Companies that aim to enter the global marketEarly stage ~ Pre-Series A companies that have experienced more than 20% annual growth (sales, revenue, etc.) over the past year: Companies recognized for their technology and marketability in the domestic market will be prioritized.
- Enterprises and teams with current or past experience in the Tech Frontier Program can apply for this program
- Companies with investment/sales experience in the U.S. and those with branch offices in the U.S. will be prioritized
- Companies that hold the U.S. or foreign patents or certificates
- The Final 10 companies will be selected
* Program schedule:
- Application Timeline: 16 November 2020 – 18 December 2020
- Final Selection Announcement: Scheduled before December 31st
- Boot Camp Schedule: January 18 to February 19, 2021 (five-week online program)
- Demo Day Schedule: February 19, 2021 (online)
* Application Link: https://ecosystems.500.co/500xkic
If you have any inquiries, please direct your inquiries to ykim@kicdc.org and(or) kkim@kicdc.org.