May 8, 2024 5 min read
CapsuleT: Applications for the fifth cycle continue

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Applications for the 5th cycle of the Acceleration Program CapsuleTTravel & Hospitality Accelerator a CapsuleT continue unabated until Thursday, June 23, 2022, This is the leading program coming to help Greek startups tech active in tourism evolve their services/products and get the support they need.

The main goal is to offer substantial support and guidance through the free content-rich program, which responds to the business needs of startups and at the same timeto provide practical opportunities for education, interconnection with the industry – with owners, executives and representatives of hotels and tourism businesses – but also useful tools on how they can be upgraded and meet market demands.

Its duration is 5 months. During which the selected start-ups – in addition to their participation in the program – can use the office space of the accelerator free of charge with the possibility of extending their use interval for an additional 3 months after the end of the program.

The categories

Eligible to participate are those companies that provide technological applications and solutions for:

  • the Hotel and Catering industry
  • the sector of tourism transport / smart transport (smart cities / mobility)
  • booking search engines and e-travel agencies, tourist and cultural activities / tours / events

Also those companies that provide applications and services:

  • sustainable development
  • sustainable growth
  • energy and natural resources
  • accessibility solutions or specialised communication and promotional solutions

Indicatively, the categories to which they can belong in order to join the programme are:

  • Internet & web platforms
  • Mobile apps
  • Chatbots
  • Software
  • Hardware
  • Energy solutions
  • Mobility & Transportation solutions
  • Blockchain / Fintech solutions
  • AI solutions
  • Big Data
  • Internet Internet of Things

Which companies will support startups

The 5th cycle of the Acceleration Program will take place as always with the valuable assistance and sponsorship of the Google, as a gold sponsor of the program, participating in parallel with educational workshops and mentoring, of the non-profit organization The People’s Trust, which will enhance for the second consecutive year the further development of technological startups in the tourism industry and will support the competitive part of the program by offering the cash prizes for the 3 winners and the Aegean Airlines, as the teams' official carrier.

Important and practical strategic partners of the accelerator's actions are also: NBG Business Seeds, Nelios, PwC, TÜV AUSTRIA Hellas and Programize.

At the same time, the CapsuleT team is once again joining forces with recognized startups in the tourism market such as Clio Muse Tours, Ferryhopper, Triparound, Welcome Pickups, Workathlon and Wooftogether, which joined the program as community partners.

Τα χρηματικά έπαθλα του CapsuleT

Upon completion of the 5th Acceleration cycle, the companies compete for the final prizes totalling €40,000 - as an additional financial support - and for free services/privileged benefits from the strategic partners of the CapsuleT community. The rating of the awards that the non-profit organization The People's Trust will give to the winners of 5th Capsule cycleT are 1st prize money of 10,000 euros, 2nd prize of 5,000 euros and 3rd prize of 3,000 euros. In addition, the rest of the teams that will successfully complete the program and reach the final, will receive financial support of 2,000 euros from CapsuleT.

Extras

As additional benefits from the sponsors and strategic partners of the 5th cycle of the Acceleration Program, the following are mentioned:

  1. Google grants free credits for the use of all Google Cloud services worth $2,000 for 2 years, especially for startups participating in the CapsuleT program, as well as the possibility and under conditions (for teams that will receive funding) granting credits for the use of all Google Cloud services up to $100,000 for the first year.
  2. Nelios company offers the first winner free digital marketing services.
  3. Programize offers consulting guidance on product development issues to the 3 winners, as well as access to development services at special preferential prices.
  4. Aegean Airlines will offer air tickets for the team members of the 1st winner.

Υποβολή αίτησης στη δράση του CapsuleT

Η περίοδος αιτήσεων του 5ου κύκλου συνεχίζεται μέχρι το βράδυ της Πέμπτης, 23 Ιουνίου 2022. Οι αιτήσεις πρέπει να κατατεθούν ηλεκτρονικά και υποχρεωτικά στην αγγλική γλώσσα στον ακόλουθο σύνδεσμο: https://www.eventora.com/en/Events/CapsuleTApplicationForm5thCycle. Οι υποψήφιοι πρέπει να έχουν διαβάσει αναλυτικά τους όρους και τις προϋποθέσεις συμμετοχής στο πρόγραμμα.

Terms/Conditions for participation in the programme

The terms and conditions of participation in the program can be found here.

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