Fashion Technology Accelerator Milan organizes a tailored 6-month long acceleration program for upcoming startups coming from all over the world.
We offer a total investment of 100K € divided betweenFashion Technology Accelerator Milan organizes a tailored 6-month long acceleration program for upcoming startups coming from all over the world.
We offer a total investment of 100K € divided between 40K € of direct investments through our partner First Degree Global VC Fund and consulting services valued 60k€ which consists in: support in numerous fields relying on our internal team and a broad set of advisors (30+) coming from the fashion and the technology world. Moreover, our network is also composed by skilled partners that can help the startups to overcome various technological brakes to their development.
The services and money will be provided in exchange of 10% company shares.
We do not ask companies to relocate to Milan, understanding that in some cases it would be more relevant to stay in their home countries instead of moving to Italy. However, we only consider companies with a developed product that have already started selling on the market, working at the intersection between fashion and technology. Our reference sectors are Fashion, Luxury and Retail and we already have 16 companies in our portfolio working in different sectors.
Finally, additionally 200K € are available for a successful next institutional round in the company.more
Funds6 startupsper year
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