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KWORKS’20 Acceleration Program

Take your startup to the next level with KWORKS Acceleration Program!

Over 12 months, you’ll have an extensive 1-1 support for verifying the business model, customer acquisition, go to market strategy, corporate partnerships, product market fit and access to finance.

15th of March is the final deadline for KWORKS’20 Applications

KWORKS’20 Calendar

5th February – 15th March 2020

KWORKS’20 APPLICATIONS
ARE OPEN

March 2020

JURY EVALUATION &
1-1 PRIVATE MEETINGS

April 2020

KWORKS’20 KICKOFF &
BOOTCAMP

April – November 2020

TRAININGS, MENTORSHIP SESSIONS
and INVESTOR SNEAK PREVIEW MEETINGS

December 2020

KWORKS’20
DEMO DAY

January – March 2021

FOLLOW-UP and INVESTMENT
PROCESS

Which Startups Make Us Excited?

TECHOLOGICAL INNOVATIVE IDEA
SCALEABLE BUSINESS MODEL
SUSTAINABLE REVENUE MODEL
HUGE MARKET POTENTIAL

We are selecting 6-8 startups from hundreds of applications for KWORKS Acceleration Program every year.

We prefer web / mobile app, B2B, SaaS startups that accelerate digital transformation. Those startups should be ready for the commercialization, have user or revenue KPIs, and have a perfect team in both technical and business aspect.

We prefer R&D based digital oriented (AI, IoT, AR, VR and etc.) startups whose minimum TRL level is 4.

For the KWORKS Pre-Acceleration program, we choose the startups, that will actualize above conditions at the latest in 1 year.

KWORKS’20 APPLICATION CRITERIAS

The startups that we will accept for the Acceleration and Pre-Acceleration programs should meet the following application criteria.

KWORKS’20 Acceleration Program


Mandatory Criterias:

– Able to offer technological innovation solution (product/application/software)
– Having a technical adequate founder team working full-time
– Having a scaleable business model with a huge market potential both in domestic and international markets
– Sustainable competitive advantage in the target market
– Achieved problem-solution fit, verified the business model
– Has not received any investment (Angel Investment, VC, CVC) yet


Preferred Criteria:

– Already Incorporated or at the stage of incorporation
– If it is incorporated, no more than 2 years have passed since the establishment of the company.
– Minimum 5,000 TL Monthly Recurring Revenue (MRR)
– Able to offer both technological innovation and business model innovation
– Release product to the market already
– B2B SaaS and / or Deep Technology

KWORKS’20 Pre-Acceleration Program


Mandatory Criteria:

– Able to offer technological innovation solution (product/application/software)
– The technological innovation solution should meet the needs of customers in today’s and future markets.
– Having at least 1 founder / co-founder working full-time
– Can make quick decisions and change the business model if needed
– Has not received any investment (Angel Investment, VC, CVC) yet

 

Preferred Criteria

– Determined customer personas and already started customer interviews
– Completed market and competitor analysis
– Make sure about no laws and regulations that will prevent the business model to make it real.
– Supported by TÜBİTAK, KOSGEB, AB etc. funds
– Having a potential to enter domestic and international markets

What We Provide to Entrepreneurs

We create value by working very close with entrepreneurs in the most critical areas such as business development, product development, customer development, technical infrastructure and consulting supports.

Access to the KWORKS Community

As a member of the KWORKS family, KWORKS startups have access to the broad academic and business network of Koç University and Koç Group Companies

Access to the Ecosystem

KWORKS startups come together with experienced mentors, entrepreneurs, business leaders and major stakeholders in the entrepreneurship ecosystem.

Access to Investment

KWORKS startups have access to angel investor, venture capital and corporate venture capital networks.

Working Space

KWORKS startups are entitled to use the office areas in the center of the business and entrepreneurship World at Şişli and at Koç University.

Business and Product Development Support

KWORKS startups work with expert mentors in business development, product development, unique KPI definition, growth, and preparing investor deck.

Financial Consulting

KWORKS, meets startups’ necessary financial consultancy with its mentors and partners who are experts in financial side.

Technical Consulting

KWORKS, meets startups’ necessary technical consultancy with its mentors and partners who are experts in technical side.

Accessing UNVEST Support

KWORKS startups may get in kind and financial support up to $50,000 depending on their needs and performance from UNVEST A.Ş., fully owned by Koç University.

Business Connections

Thanks to our broad business connections, we facilitate entrepreneurs and stakeholders to build sustainable collaborations.

Grant and Support Programs Consultancy

KWORKS startups get support about advisory support to apply for Government and EU grants and investment funds.

One-to-One Support

KWORKS startups are continuously followed with 1-1 mentorship sessions from mentors who are experts in their fields.

Infrastructure Support

KWORKS offer physical and technical basic infrastructure support that startups need while growing.

Legal Counseling

KWORKS meets the legal consultancy needs of startups with its mentors and partners who are experts in legal matters.

Cloud Technology Support

KWORKS supports startups in terms of technological infrastructure by establishing partnerships with the world’s largest cloud infrastructure providers.

KWORKS Community

KWORKS is led by a team of professionals with deep experience in startups and
entrepreneurship – always with a strong eye toward global impact.

How to Apply?

Visit https://www.f6s.com/kworks20/apply .
Log in to the F6S platform with your Facebook or Linkedin account.
Continue as a team or to make a personal application.
Answer the questions in order to better evaluate your startup.
Submit your application!
That’s all; your application has reached to us!
If you haven’t had the opportunity to fill in the application form or if you want to make a final touch, we have good news for you; The application form will be open for you to make changes during the admission period.

Accelerate Your Start-up With KWORKS!

Apply Now