Digitally Connecting People... Since 2014

APPLY NOW!! IBM HYPER PROTECT ACCELERATOR 2021

 

APPLY NOW!! IBM HYPER PROTECT ACCELERATOR 2021

 

ABOUT THE PROGRAM
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 sensitive data to enhance the standard of, and access to digital, financial and healthcare services. The IBM Hyper Protect Accelerator has already supported 45 early-stage startups across the planet and is now hospitable applications for Cohort 4. inspect Cohorts 2-3 here. No equity are going to be taken in your company by IBM nor Village Capital as a part of the program.

This year the program will expand to support more companies performing on impactful datatech products. The 2021 program will contains 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 that specialize in milestone planning and investor matchmaking.

The Datatech permanently Coalition: A coalition on Village Capital’s Abaca platform that matches datatech permanently startups with like-minded investors and peers.

PROGRAM OVERVIEW
PROBLEM STATEMENT
Every 39 seconds, a hacker attempts to steal personal information from people and businesses round the world. because the world adapts to a post-pandemic paradigm and financial, insurance, and health services are increasingly offered online, it’s more important than ever for businesses to stay their data secure, especially once they are collecting, storing, or transmitting personally identifiable information like medical financial, or insurance records.

At the core of most data-driven health and financial technology is customers’ personally identifiable information, which, consistent with ForgeRock, accounted for 98% of all data breached in 2019. the 2 most targeted industries, healthcare and banking/financial, accounted for 55% of all data breaches. As work and life increasingly moves online thanks to the COVID-19 pandemic, the danger of companies compromising sensitive data increases, and regulators are responding with new restrictions. It’s not almost adhering to regulatory requirements, it’s also about doing the proper thing.

This accelerator aims to support early-stage companies that leverage sensitive data to enhance and increase access to global health and financial services, during a time with increasing risk and regulation. This year we are increasing the size of our support with the buddies of Hyperprotect Program and therefore the Datatech permanently Coalition. By working with these startups alongside closely aligned investors and mentors we hope to create a highly connected, global and impactful ecosystem within the nascent but growing datatech permanently space.

 

THE HYPER PROTECT ACCELERATOR
Village Capital and IBM will identify, vet, and recruit fifteen companies using sensitive data to extend access to digital, financial, and health care solutions. The virtual accelerator will happen between October and December 2021 and there’ll be continued technical support into 2023.

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.

The Class of 2021 also will work with IBM collaborators, including Female Founders Alliance, to assist the cohort develop their ideas into sustainable and scalable companies.

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

Legally incorporated as a for-profit entity

Using personally identifiable information to extend access to digital, financial, or healthcare services.

Under $1 million in yearly revenue

Less than 5 years old

Have some traction (this isn’t limited to revenue, but can include successful pilot studies, number of users, and/or strategic partnerships)

Have positive social impact

Be ready to plan to attendance of a founder/member of exec team (~40 hours total between October and December 2021, 3 hour sessions)

FRIENDS OF HYPER PROTECT
Village Capital and IBM also will identify, vet, and recruit 40 additional companies to hitch “Friends of Hyperprotect (FOH)”. Companies will receive a lighter touch Village Capital & IBM curriculum, which includes;

BENEFITS
Up to $120,000 in IBM Cloud credits

Up to $10,000 per month for one year

6+ hours of virtual training by Village Capital

Investment readiness assessment

Investment milestone planning

Impact Metrics

1/2 group mentor sessions specific to your needs

Village Capital coordinated mentor and Investor engagement

Invitation to hitch Village Capital’s global Abaca online network, with over 1,000 investors and organizations that are supporting social entrepreneurs.

1-/2 mentor tailored mentor/ investor sessions

IBM collaboration

2 years of technical mentorship from IBM on a quarterly basis.

Go-to-market support

Co-marketing and branding

Access to the IBM network

ELIGIBILITY
Companies eligible for Friends of Hyperprotect must meet about one among the eligibility criteria for the complete accelerator program (see above). for instance , the sessions could also be relevant to companies that don’t yet have a proven impact thesis, cannot plan to the complete 40+ hours, or have less proven traction.

THE DATATECH permanently COALITION
The “Datatech for Good” coalition may be a curated network of investors who are actively seeking investment opportunities within the datatech/data security space.

BENEFITS
Invitation to hitch Village Capital’s global Abaca online network, with over 1,000 investors and organizations that are supporting social entrepreneurs.

Opportunities to interact with a network of investors who are actively seeking investment opportunities within the datatech space

Highlighted in an exclusive network of innovators that are leveraging datatech for social good.

Notification of future Accelerator programs


All applicants are eligible for the Datatech permanently coalition as long as they are:

Legally incorporated as a for-profit entity

Using personally identifiable information to extend access to digital, financial, or healthcare services

More Details and Application Here

@ CampusCommunityNetwork2020

  • Powered by CCN_Tech

Home | Privacy Policy  | @CampusCommunityNetwork2020 | Powered by CCN_Tech 

×

Cart