APPLY: Fashion Tech Accelerator, closing Feb 28, 2018

Posted by Haesoon Jung on

Apply to the latest fashion tech accelerator at FTA, announced today!

FTA has announced a partnership with Hatcher+, a unique, data-driven venture capital company based in Singapore and Miami. The partnership will enable FTA to use Hatcher’s proven AI-based platform to assist in assessing candidates and tracking performance.

100K € : 60K € in tailored services + 40K € in direct investment
The business model for the acceleration program will be kept simple and straight-forward, following these simple points:
- The acceleration process will roll across 6 months of services, valued 60K €, including go-to market strategy, digital strategy, business development and fund raising.
- Furthermore, 40K € will be directly invested in each company.
- Services and investment will be given in exchange for 10% of equity

“We are thrilled to be partnering with FTA. They are, in our view, the leading player in the fashion technology start-up space” said Wissam Otaky, Partner at Hatcher+. “We look forward to co-investing with FTA in their exciting start-ups.”

Moreover:
- An additional 200K € will be available for follow-on funding on a case-by-case basis.
- An advisory board will be involved in the selection process. Every candidate would meet the board to present their business, receiving immediate feedback. The advisory board is comprised of:

The first start-up call of 2018 is now open and will close on February 28th. The selection day will be held on March 15th.

APPLY NOW

(Copy from email sent to us from FTA)

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