05.09.2022

VIEWAPP is a participant in the Moscow Accelerator Program

VIEWAPP has been successfully admitted to the Moscow Accelerator Program of the Moscow City Innovation Agency.

This program is aimed at the development of technological projects in terms of scaling, as well as assisting in attracting investment, getting pilot projects, and developing new markets.

In the program, which will last 3 months, the experts have selected 150 best participants from all submitted competitive applications that meet the selection criteria:

- Finished product or technology;
- Presence of a technological or innovative component;
- Registration of the startup in Russia;
- Potential for scaling;
- Interest in developing new markets;
- At least 30,000,000 rubles of cumulative revenue over the last three financial years, and others.

The Moscow Accelerator Program, which will be held in a hybrid online-offline format, focuses participants on the detailed development of their businesses. 7 educational modules will allow participants to improve their knowledge of strategic marketing, venture investments, organizational management, and much more.

In addition there will be the best experts, consultants and mentors, with whom there will be individual hours of intensive work. This can stimulate startups to find new points of growth and reformat themselves to more successful and efficient development. The most important thing that the participants get is the opportunity to use the Accelerator platform to attract investments from funds or syndicates up to 300 million rubles.

As a useful result of the Moscow Accelerator Program the following achievements are planned:

- Term sheet - Prepared draft on the terms of the investment deal;
- Cap Table - Capitalization table compiled;
- Constructed financial model adjusted to current P&L;
- Analysis through paid engagement channels to defend the project before the investment committee;
- Teaser and pitch deck + Project familiarization with more than 20 partners.

For the project VIEWAPP the most interesting organizational events are pitch sessions, speed dating with investors, collaborative meetings and, of course, Demo Day as a summing-up of the "Moscow Accelerator" program. The companies and corporations listed as partners in the program are the focus audience for connecting to the VIEWAPP digital inspection platform, so we can expect a decent effect from this acceleration program.