Accelerator Program

After a rigorous screening and selection process, up to 10 startups will join the acceleration program.

The Acceleration Program is a 6 month cohort based startup support program designed to boost the growth of high potential startups through professional business consulting; training; business and market linkage opportunities; and seed Investment. The accelerator program consists of structural startup support, expert hiring, machinery purchase and seed-investment.

Startup Diagnosis

Series of interactions and meetings with startups to understand the core of everything. Break the businesses down to smaller pieces and put them back every part of the business together better .


A tailored, practical, short and intensive course of training

  • Expert advice from industry professionals in learning sessions tailored to provide solutions to obstacles identified
  • Co task management and goal setting guidance

Clinical Sessions

A combination of scheduled and ad-hoc coaching and mentoring meetings.

  • One-on-one sessions with international and national experts/mentors Tailored guidance from industry specific mentors

Showcase and Investment Pitch

An event where startups show their progress and pitch to investors

  • Pitches made to an audience of interested customers, investors and start-up ecosystem.
  • Various pitch opportunities for foreign and local investors 

Selected startups will be given an opportunity to join iceaddis for a 6 month Accelerator program to enhance their job creation capacity, overall working quality and expand their network.

Consultancy and advisory services

Depending on identified gaps and needs, international/local consultants and advisors will be hired for a short period of time to support startups.

Finance and Investment

Consultancy on financial proposal development, investment cost breakdown, cost/benefit analysis and others

Marketing and Management

Consultancy on Marketing research and analysis, marketing strategy development, Marketing management, business management and others

Legal and Administration

Legal advisory on business license and registration, legal documentations, human resource management, procurement procedures, and others


Based on applicants’ business type, need and request, machinery might be procured through the transparent procurement policy and procedures  for selected startups.

Machinery and heavy tools

Procurement of heavy and medium sized machinery for production and manufacturing purposes


Construction of interior and exterior structures of workplace, production area, showrooms, sales shops and others

Seed Investment

The program arranged an option of reimbursement of invoices of purchases and payments by the startups for services and goods that are not included in the above support programs

Salary and Wages

A short period permanent or temporary employee salaries, short period service contract payments and others similar payments


Office, workshop or sales shop rents, office utilities and office equipment


Marketing and promotional campaign costs


Raw material costs, production tools and materials, transportation costs, miscellaneous costs and others

Organizers and participants rights and obligations

Depending on identified gaps and needs, international/local consultants and advisors will be hired for a short period of time to support startups.

All acceleration programs and areas of support are determined based on applicants’ due diligence and gap assessments conducted by a panel consisting of a team from the organizers and partners. Support packages and contents and areas of involvement offered by the organizers to selected startups may vary from startup to startup. A startup that has been selected to join the acceleration program will be offered with at least one of the acceleration programs, but may not get support in all areas.

Supports provided to startups under the acceleration program are not grants or gifts, nor loans.

Support offered to startups under the JSA program are considered as investments.  The organizer will invest on the selected startups based on a refined equity investment concept. All equity investment rules and regulations will be applied. However, unlike an equity investment or any other investment agreements, startups are not required to share profits with the investor or payback in any monetary ways or goods or services. Instead, they are required to meet the job creation plan they have agreed upon within the specified period of time.


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