09/17/2024 | Press release | Archived content
MITS Capital, in partnership with American University Kyiv, has completed the first cycle of its MITS Accelerator Program. Through the program, each participating startup received $200,000: $100,000 in direct investment in the company and $100,000 in unique expertise and services.
The acceleration program has two stages, each lasting three months: business acceleration, which covers business education and specifics of defense production, and post-acceleration support, which aims to prepare companies for future exports and attract foreign investment.
MITS is looking for teams with a working MVP (Minimum Viable Product, TRL 4-6 Levels) or who are as close to a functional product as possible.
The following startup categories will be targeted for acceleration in this phase: