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online SINGA Business accelerator
The first online business accelerator in Switzerland for people with refugee and migration experiences. The SINGA Accelerator supports people who have already founded a company and need further support to drive it forward or scale it The SINGA Accelerator enables entrepreneurs to build and refine a solid financing plan in line with their company’s vision.
Would you like to know more about the Accelerator Program and how it can answer the current needs of your company ?
Book a session and let’s discuss your project !
Join the SINGA online Accelerator
SEPTEMBER TO DECEMBER 2024
Have you already founded your own company in Switzerland and want to advance or scale it? If you meet the application criteria, you can apply via the online form. After a first selection, there is the possibility that you will be invited to a pitch event, where you will present online your business and your challenges in front of a jury. Afterwards, the jury will decide whether you can participate in the Accelerator.
As a first step, we will analyze your challenges and needs to drive or scale your business. We will also plan and organize the appropriate support. The support in this phase consists of regular 1:1 consultations with experts as well as a monthly online workshop and check-in with SINGA’s program manager.
At the end of the Acceleration Phase, you will have the chance to pitch your needs and intended uses of financial resources to investors (Demo Day) in order to receive (seed) funding.
In this phase, it is important that the corresponding elements that have been implemented to advance or scale your business are sustainably anchored. For this purpose, monthly check-ins with SINGA still take place, where we will analyze what additional support is still needed for the establishment.
Selection process
Apply
Check our section Who can apply. If you meet the criteria, you can apply by using the respective online forms.
Convince
You will be invited to an online pitch event where you will present your business and your challenges in front of a jury.
Get selected
After that, the jury and the SINGA team will decide if you qualify to participate in the online Accelerator and you will be informed accordingly.
Who can apply
company
You have a business registered in Switzerland that has been active for at least one year.
Your turnover is between CHF 15,000 and 25,000 per year (absolute minimum CHF 5,000) and you have at least one paying customer/client.
Origin
One person of your management team is from a non-EU/EFTA/UK country
impact
Your business idea supports at least one of the sustainable development goals (SDGs). This does not necessarily have to be realized in the business idea itself. You can also fulfill this condition in your strategies and/or how you run your business.
Permit
One person of your management team has an F, B, C or S permit.
CH-/EU-/EFTA-/UK-citizens can participate if the company’s mission aims to support people with refugee experience on its daily activities.
Language
Costs
Cost for the participation to the whole program (selection, mentoring, workshops) amounts to 490.- CHF.
Thanks to its partners, SINGA can offer you support in the following areas:
communication
- Strategies in communication and social media
- (Online) Marketing / SEO
- Branding / UX design
- Building or improving the website
- B2C/B2B, how to address customers
- Pitching (in front of investors)
- Media training/storytelling
- Impact measurement
Finance
- Financing / Business Model
- Raising capital
- Obtaining investments
- Accounting and taxes
- Business plan required by banks to obtain a loan
- Fundraising from foundations
Management / HR
- Find the right co-founder(s) or team members
- Soft skills and leadership qualities
- Project, self and team management
- Risk management
- Environmentally friendly business
Legal
- Contracts and agreements
- Project protection / patents
- (Social) insurances
During the program, you will implement the elements that will drive or grow your business. Support includes testing your pitch deck in front of an audience of local investors, getting feedback from financial professionals and expanding your network.
Analysis
You will analyze your challenges and needs with SINGA in order to organize the appropriate support for the implementation of your plans.
Implementation
After two kick-off days, the support starts and consists of regular 1:1 consultations with experts as well as a monthly workshop and check-in with the program manager at SINGA.
Demo Day
At the end of the Acceleration Phase, you will have the chance to pitch your needs and uses of financial resources to an investor network in order to receive (seed) funding.
MEET PREVIOUS PARTICIPANTS OF THE SINGA ACCELERATOR
