Contents
Overview
Xcelerator is a program by VentureWell with the main goal of cultivating creators and entrepreneurs who can turn ideas into successful commercial products. The Xcelerator program consist of an eight-month program that provides the necessary knowledge and skills, networking and partnership opportunities, and coaching and mentoring to help innovators introduce products and services to their target market. The Xcelerator training program is currently only available to individuals and team that are part of Saving Lives at Birth, Grand Challenges Explorations, and Powering Agriculture.
“Turning inventive global health and development ideas into products with real impact”
Purpose
The purpose of the Xcelerator is to help teams speed up the process of turning their ideas into products that can have a real impact and potentially save lives
Eight Month Program
Teams take part in an eight-month long program aimed at teaching innovators the skills they need to address the complexities of implementing new technologies in the developing world. The goal of the program is to familiarize teams with the global health market.
Phase I: Pre-workshop
Phase one of the eight-month long program is the pre-workshop stage which lasts for six weeks. During this time, teams take online team self-assessments and partake in virtual meetings. The purpose of phase one is to orient innovators to the Xcelerator, the global health market value chain, and the mentoring process that they will soon be undergoing.
Phase II: In-person Workshop
Phase two is a four-day, in-person, highly interactive workshop. The purpose of this workshop is to focus on building knowledge that will be critical to the understanding of the global health markets and to develop innovations that fit the market. This is done through the development of practical tools that can aid in the strategic planning of actions. Such tools include, but are not limited to: value proposition, value chain mapping, building partnerships and marketing and communication. A key activity conducted at the workshop is the strategy mapping of value chains to help visualize the requirements needed to bring your innovation to the market.
Phase III: Post-workshop
Phase three is the post-workshop. Lasting six months, phase three is the longest phase of the eight-month program. Phase three is characterized by regular phones calls between teams and VentureWell. Phase three also includes consultations with mentors and peers including Xcelerator alumni and technical experts. It is during this phase that innovators have access to more in-depth knowledge about technology and market validation, business and team management, and innovation marketing and communication. The type of support each team receives is unique to each team and is customized based on the strategy maps the team created during the previous phase(s). In essence, phase three is the phase where teams are expected to begin executing on the coaching and advising plan that was created during phase two.
Distinct Differences From Other Offerings
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Impact Achieved For Students and Campus
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2016 - 2017 Impact
Notes About How This Resource is Deployed
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Steps Required To Bring Resource to Campus
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Contact Information
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