How it works
i2i ("Incubation to Investment") accelerator program aims to enable and empower social businesses (with a prototype and limited market trials), to be ready for investment. It is designed to help businesses clarify their social impact, improve their business models and refine their pitches for investment.
During our program, social entrepreneurs assess their companies and execute the necessary changes to improve their business models and scale up. Social entrepreneurs also showcase their improved businesses to an audience of investors at the investors' pitch night.
Our accelerator's theme for this year, and beyond, is Biotechnology and Wellbeing. Each Biotechnology and Wellbeing cohort lasts for five months. During each cohort, social businesses are supported with tailored workshops, one-on-one business consultancy sessions with topic/industry experts from within SOW Asia's network, peer sharing/learning sessions, practice pitches and a final pitch.
Our Program Includes
We work with you to identify and execute change to strengthen your impact, improve your business model and refine your pitch.
We open up our networks to you to help you find the funds, talent, connections and expertise you need to grow your business. For each cohort, we will make concerted effort to connect you to our industry contacts.
We connect you to a curated set of business professionals to help encourage, coach and hold you accountable during the accelerator program.
We organize pitch nights for you to showcase your business, where we invite our investor networks (philanthropists, impact investors and angel investors). Where there is alignment, SOW Asia may also invest or co-invest.
Who are we looking for?
Our selection criteria for this cohort includes:
Prefer companies with at least 2 full time co-founders
Companies incorporated in Hong Kong with a marketable product/service that has at least been pilot tested
Companies tackling elderly ageing and wellbeing challenges with technology in Hong Kong
Date: 24 January, 2019 (Thursday)
Time: 7:00 - 9:00 pm
Venue: The Base, 1/F, Fook Wo Building, 10 Tai Wo Street, Wanchai
Applications will be reviewed upon recruitment of every cohort.
After the initial screening, SOW Asia will contact you to do deeper-dive diagnostics and identify key business areas to focus on.
Accepted applicants will be grouped into the corresponding cohort.
Deadline: 8 February, 2019
+ How does the application process work?
Interested social businesses can apply on our website: http://www.sowasia.org/application-form
Please also email email@example.com with:
1) (Required) A pitch deck that needs to answer the following questions:
What is the social problem you are addressing and how large is the scale of the problem?
What is your solution and why is it better than existing approaches?
Who are your target customer segments and how large is the market size?
What is your product or service and what is your value proposition / competitive advantage?
How does your business make money? What are the main revenue streams?
What do you want to achieve in the next 1 year? What are your growth targets and aspirations?
What support/resources do you need to achieve this plan?
2) (Optional) Financial statements or any pictures and/or videos of your products/services
Shortlisted applicants will be invited for an in-depth discussion with the program team.
+ What is the structure of the workshops?
We believe in interactive, participative learning, where leaders come and work out their own challenges or questions. We bring expertise in business/management and social impact consulting and we facilitate you and your team to articulate and focus on the questions that really matter for your social business. The content of these workshops largely focuses on problem definition and the strategy for scaling your impact, improving your business model and refining your pitch.
+ What networking opportunities are provided during the program?
SOW Asia’s partners include angel investors, impact investors, NGOs and charities, corporates, foundations and startup communities. These networks have proven invaluable for past participants in helping them get connected to investors, find and recruit talent, outsource projects, and access professional support and expertise that otherwise would have been unavailable to them.
+ Who is SOW Asia?
SOW Asia is a charitable foundation based in Hong Kong that supports enterprises intent on scaling their social and/or environmental impact through financial investments and our accelerator program.
+ How to get in contact?
If you have questions about the program, application, please do not hesitate to contact the SOW Asia team at firstname.lastname@example.org