What We Do
The Accelerator program is about 4 months long, starting in September and ending in January, with a Demo Day. We expect founders to be working full time on their startups, and invite them to come work in one of our shared workspaces located in Ramat Aviv or Yerucham.
We work with early stage entrepreneurs on the development of their companies. Specifically, we focus on these areas:
What problem are you trying to solve? Who are your customers? We’ll help you nail the market fit and develop initial market traction with your target audience.
Our team will work with you on developing your business strategy and plan to execute. As well, we’ll help you prepare an investment plan, and set up the financial side of your organization.
Industry business development
We are deeply connected to the education industry and to the world’s best edtech investors. We’ll help you prepare to meet and attract your best business partners.
We’ll connect you directly to the market, placing your product in pilot programs, and getting lots of user testing and feedback.
While your initial product launch might be here in Israel, we’ll work with you to develop a strategy for your next steps, whether those are in the U.S., Asia or another market. We’ll connect you directly to those education systems and work with you to develop the relevant partnerships in your desired geography.
1:1 Mentoring sessions | Speaker Series | Product Sessions | Workshops (Google launchpad, whiteBoard etc.) | Community Events | Marathons | Product testing Sessions | Investor intros | Business development meetings
Your relationship with the Accelerator will continue for 8 months (until our next cohort); teams can stay at the workspace and we’ll keep providing help with business development and investor intros. In addition, we host road shows for a select group of graduates in the U.S. and other locations.
In return for this continued relationship, we hope the graduates will help grow Israel’s Edtech community by assisting and mentoring other companies in the ecosystem.
MIndCET has completed 4 cohorts, each with 8-10 companies. Here are a few highlights from previous years:
Fun game environment where students learn to code
CodeMonkey is an online game that teaches kids computer programming – from fundamentals to the most advanced subjects. It has the double benefit of being really fun while still giving high educational value.
virtual engine-powered tutor on the web
Our product will enable university and college students to enter an exercise or a problem they have in calculus, statistics, finance and more –and then will prepare and display a solution for this specific-entered problem.
Doing Math, Your Way!
Using a unique algorithm MathodiX checks and gives feedback for every step of the student solution.
Then, the teacher receive a detailed dashboard, showing the skills and the level of proficiency of each student.
Create your own organizational app
ConnecTeam offers companies the easiest, fastest and most affordable way to create their own organizational smartphone app.
Triventy is a collaborative game-based learning program. Teachers and students author and run interactive quizzes in class, utilizing smartphones as interactive response devices.
Is this Program Right for You?
Stage: Pre seed or seed
Definition of Edtech: involved in learning & technology
Product stage: MVP
At least one full time team member
While there is no monetary fee for the accelerator program, MindCET takes a 2.5% stake in the company. As well, some firms receive additional investment from CET, usually about $30,000.