The acceleration program consists of two phases. The first is a pitch and working session at the DayOne Conference on September 9th, 2019 for the 15 selected ventures. After this phase the ventures will complete a final application for the second phase. The second phase of the acceleration program will last 6 months, from January 2020 to June 2020. Four ventures will make it to the second phase.
All activities will take place in DayOne lab in Basel. DayOne is an initiative operated by BaselArea.swiss, the office for promoting innovation and inward investment for the northwest cantons of Basel-Stadt, Basel-Landschaft and Jura. The ventures will receive grants of up to 50,000 CHF to be paid in tranches during the program based on approval of workplans and estimation of need. A portion of this, up to 10,000 CHF may be used to pay for coaching and other activities during the program. The ventures will get free use of creative workspace in the DayOne lab during the accelerator program. The program will consist of tailored activities that will give the ventures a chance to learn from experts and potential future customers from within the DayOne network, as well as other Accelerator participants, as they further develop their product or service.