IDEAx

Prepare for rapid growth by leveraging powerful mentors.

IDEAx is an intensive 4-month acceleration program for a cohort of highly scalable startups with innovative, technology-enabled business models. Our proven model provides structure, education, and connections that help founders take their companies to the next level by ensuring they are focused on developing customer traction, building a market ready product, and validating their innovative business models. Companies will exit the program venture-ready and setup for scalable, rapid growth.

Applications for our 2018-2019 IDEAx Accelerator Program are now open. Apply by Thursday, November 8th at 11:59pm CT.

The Details

  • Program Elements

    Participants have access to the following:

    • Coaching & Mentorship: The core scaffolding on which the accelerator is built is accountability, coaching, and mentorship. Through our experienced Entrepreneurs-in-Residence (EIR) and mentors, we help you navigate common pitfalls and develop systems of accountability to your business goals so that your are set up for rapid growth and long term success.
    • Connections & Network: Beyond the immediate relationships you'll build with your EIR and lead mentor, we believe the next biggest asset we can offer our cohorts is our expansive and engaged network.
    • Community and Data Driven Accountability: Our accelerator program is built with an action bias. We help you identify the key metrics that will move the needle for your business and track them week to week.
    • Constructive Critical Feedback: Woven throughout all of the interactions you will have while in the program is an opportunity to receive critical feedback valuable to your company's development. We ensure that constructive evaluation is woven into every aspect of the program to ensure you receive the critical feedback you need for your company's development and success.
    • Peer Connections: We believe connecting with peers is critical to the success of any entrepreneur and peer-to-peer learning is a key principal of our cohort-based accelerator program.
    • Education & Skill Development: We help you and your team prepare to build scalable businesses by providing education and opportunities for the critical skill development needed to develop a growing business.

  • Eligibility & Selection Criteria

    The Idea Village IDEAx Accelerator Program is looking for growth oriented businesses with highly scalable, technology-enabled business models. The program is designed to help hone your innovation and set your business up for rapid growth.

    Do you have a for-profit, growth oriented, venture that:

    • Is based on a new or unproven business model with the potential to revolutionize how business is conducted in your industry.
    • Leverages new technology to improve a business process or bring a new product to market, or
    • Serves a new or niche market in an innovative way?

    Our accelerator program is focused on catalyzing rapid growth, upon entering the program, we are looking for companies that have previously achieved a minimum of one of the following:

    • Built an innovative and functional product
    • Developed a strong and fully committed team with demonstrated domain knowledge and well rounded skills and experiences
    • Demonstrated market traction through sales, users, or capital raised

    We believe these criteria to be the foundation of successful, innovative, growth oriented companies. Each company's application should highlight the area in which it believes it is the strongest and discuss how participation in the accelerator program might help it fill gaps or achieve strength in the other two. Our goal is that by the end of the program, all companies will have a strong product, a strong team, and strong traction.

    Additionally, successful applicants typically demonstrate the following attributes:

    • An unquenchable thirst for learning
    • A willingness to assist their peers
    • An ability to take constructive criticism and change a course of action based on feedback
    • Ability to be physically present in New Orleans for the 4-Month Program

    Applicants should seek to highlight these qualities in their application, as well. Tell us why you have the next big idea to start and scale in the New Orleans. Apply now.

  • Selection Process

    As candidates submit applications, our team reviews them on a rolling basis and invites select candidates for an initial interview.

    First-round Interview: Applicants who are aligned with the eligibility criteria for the specific program may be invited in for an initial interview to discuss their business, background, and goals if The Idea Village team feels a first interview is necessary. Not all applicants will be interviewed. If you are not asked to do a first-round interview, it is likely because we felt that your application provided enough information for us to make a determination about your application status.

    Due Diligence: The Idea Village will do some research, follow up with the applicant’s references, test assumptions, etc. as needed to make a determination.

    Selection Day: Select candidates will be invited back to interview with a committee of experts and supporters from our network who will assess their character, business viability, and fit for the program.

    Selection: The Idea Village team and the dedicated Entrepreneur-in-Residence will select founders to join the program. All applicants will be notified of their selection status in a timely manner. We are happy to provide feedback to entrepreneurs who are not selected, and to direct them to other programs run by The Idea Village (and/or by our partners) that may be a good fit.


									

Apply to IDEAx!

Apply now to IDEAx. Applications close November 8th.

IDEAx Accelerator FAQ

Have questions about our IDEAx program or the application process? Get instant answers for the most common questions here.

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