HOW DOES IT WORK?
Charge is a startup incubator for first generation immigrants who are passionate about growing their idea into a successful business with the potential to serve, disrupt and scale in its industry. The entrepreneurs selected for Charge will enter through a 6 month program with a goal of helping early-stage companies progress rapidly into exciting and viable businesses.
The program focuses on ensuring sustainable growth for your startup with help from our operating partners and mentors. These are leading industry partners that have expertise in strategy and management consulting, business development, communication, technology, design, and legal and financial assistance.
The Charge program is designed to ensure progress. The startup will go through different cycles that focus on specific areas, from concept and business model to product development and testing - all aimed at making your product or service ready for the market. In each cycle the startup will be given mentoring and advice tailored to meet the specific needs at the moment.
CYCLE 1 - PRECHARGE
The applicants with the most promising ideas are invited to Charge Camp in August 2017, where the group will go through workshops, tasks and challenges. After a 3-day boot camp two startups will be selected for the Charge Inclubator starting in September 2017.
CYCLE 2 - RECHARGE
This cycle will focus on concept, strategy and business model which will lay the foundation for intensive product development and testing. The aim is for the startup to have a clear concept and solid strategies within product, technology and business by the end of this cycle.
CYCLE 3 - SUPERCHARGE
In this cycle the product is in focus. The startups will work on development, testing and valuation together with tech and industry partners that can help with metric focused iteration and analytics. Towards the end of the cycle, the aim is to have a validated conceptual interest amongst target groups and potential partners.
CYCLE 4 - LAUNCH
In the final cycle we prepare for launch. The startups will learn about and work with funding, go to market strategy and communication, ultimately moving closer towards the goal of successfully launching a product or service.
The Charge MODEL
Charge is not a traditional startup program - it is a mobile incubator. We believe network and industry insight is key to succeeding with a business when you are new to a country. The startups in Charge will be hosted by industry partners that provide valuable experience and an inclusive, vibrant work environment.