Moving from the current state of the service and product to an improved state by speeding up is the purpose of accelerating which is included mentorship, educational components, and culminating in a public pitch event or demo.
Acceptance: Acceptance: Holding events like Startup Weekend is one of the best ways to attract ideas and introduce an accelerator. Advision has been taking place such events under the name of “co-creation” and welcomes the ideas that have potentials. Cooperating with the best ones and assigning places for their work is another service from Advision.
Selection: Evaluating, reviewing, and picking out the individuals, teams, and efficient ideas according to the co-creation site and communicating directly with the idea owners and idea development teams will occur in parallel with the acceptance step. At the end of the co-creation event, top ideas and teams will be selected by the judges, which consists of mentors and investors.
Pre-acceleration: Receiving the essential information – technical -specialized services and costs – to formulate an accelerated project strategy, examining the required facilities, and negotiating with the selected teams happen at this stage of the process.
Acceleration: It is substantial that each phase of the process is done in parallel with the other phases and made a strong correlation with each other. The process is for acceleration. Therefore, accelerating occurs at each step in a special way. Training members of the idea-development teams and idea owners by mentors and specialists is fundamentally needed.
Education: Efficient consultancy meetings are rich in information and mentoring. But specifically, at this step, the teams and startup owners are assigned to do special drills by mentors and counselors in order to make sure about their learning and expertise.
Mentoring: Encouraging and empowering, assisting to identify and correct gaps, increasing confidence, expanding and maintaining a broader outlook, providing additional access to a senior role model are examples of what is happening through mentoring step.
Prototype: The first schema of the service or product is ready to be contributed to the market. Simultaneously, investment and fundraising enters to support the process of spreading and introducing.
Introduction to the market: according to the results of the previous section, the final product will be offered to a vast range of the market. Now it is time for flourishing which is the mission of accelerating. To achieve this aim, consultants and mentors must assist in creating new ideas and plan long-term growth and sustainability.
