cultural shift

through technological

innovation

.

Headquarters in Vienna
Tech companies in culture
CultTech = culture & technology

With the culttech acceleration program, we want to bring the full power of technology to culture.

your benefits

We deliver a high-quality program for CultTech startups that is focused on their specific (fundraising) needs and that increases their chances of successfully scaling their businesses.

focused program

hover / click for more
With high awareness on the specific challenges you face in CultTech, experts will focus on supporting you face these, in particular fundraising.

trusted community

hover / click for more
We are creating a global CultTech ecosystem that unites startups, investors and relevant stakeholders including major cultural players.

profound expertise

hover / click for more
The programme is not only covered by industry experts, but you additionally receive individual mentoring & coaching, and within the community we advise you to make use of the peer-to-peer advice.

global visibility

hover / click for more
Using the combined networks of Immaterial Future, Female Founders and of the CultTech Accelerator itself, the community we are building and already have in reach has a strong presence in the worlds of culture, tech and investment.

the program

To ensure that you will learn a lot the CultTech accelerator is divided in three thematic blocks.

1.

fundraising and building a business

  • Fundraising Process Debunked
  • First Investor Pitches & Meetings
  • Due Diligence
  • Investor Relations
  • How to build a great team
  • Term Sheets: Do’s, Dont’s and Red Flags
  • How to nail term sheet negotiations
  • Financial Planning 1×1
2.

personal growth as founder or leader

  • Mental Health as a founder
  • Finding balance
  • Time Management 
  • Conflict Management 
  • Leading a (remote) team
  • Founder breakfast (online) with peer-to-peer learning and feedback
3.

succeeding in arts & culture

  • Fireside Chats with successful founders from the arts & culture space
  • Business Models in the arts & culture space

ACCELERATOR
BATCH#3

15.03 – 31.05.2023

DEMO DAY
BATCH#3

In Vienna
02.06.2023

OPEN CALL
BATCH#4

Until 25.06.2023

Extended deadline for Batch#4

Until 09.07.2023


INTERVIEW round
for top-30

Week of
July 17th 2023

FINAL
SELECTION

By August 7th 2023

Accelerator BATCH#4

Beginning of September – December 2023

The project must be addressing the space of CultTech. Within this space, there are no further limits.

When applying for the CultTech acceleration, there already needs to be a team that is working on the project. A team consists of at least 2 people that divide their responsibilities in an efficient & effective way.

The minimum requirement in terms of product stage is an MVP, a minimum viable product, that can be demonstrated during the selection process.

To qualify for the program, a legal entity of any kind (incl. NPOs) must be established.

At the time of the application, the team must have at least an idea of the future business model and the corresponding revenue streams. This serves as an indication of whether the project is going to be sustainable from a financial perspective (this also applies for NPOs). We will in principle have a preference for models that show a perspective of self- sustainability.

The founders and their ideas should be driven by the aim of having a positive impact (wider access, fairer distribution of revenue, etc.)

We love diversity!
That is why we don’t focus on participant’s location, age, gender or personal preferences!

our partners

The CultTech Accelerator was designed in collaboration with Female Founders.

FAQs

CultTech is the application of technology to the benefit of culture and society. It has the potential to empower creators and consumers, enable massive access to culture and foster new economic models.

In the past years we’ve witnessed the transformation of many industries: from the financial sector to healthcare, from agriculture to travel; technological innovation has changed the way we work, live and love. 

But one very important part of life has not yet seen the full power of technology come to play yet: The world of culture. 

Follow our Alumni page to get more examples of CultTech startups. 

  1. Enote
    Enote is sheet music for the 21st century. The Enote library has thousands of works from the baroque to the late romantic era, reconstructed in a reliable digital format.
  2. United Arts Arena 
    United Arts Arena is the world’s first platform for live NFT art battles and gives talents a stage for their creative energy! There, artists from all over the world will meet and compete in live art battles, connect and unite in a community. 
     
  3. Proofcheck 
    Proofcheck is an AI proofreading app that catches embarrassing errors so that your audience doesn’t. Their in-browser workflow tool harnesses multilingual ML and NLP to intelligently and automatically detect typos and other mistakes in PDF and ePub content, from books and magazines to academic articles and reports.

A three-month programme that takes place twice a year.

CultTech startups with legal entity at the MVP stage or later.
A startup should have an aspiration to make a positive impact in CultTech space.

For now, it’s free, but it might change in the future.

There are 2 in-person events in the programme.

  1. Kick-off meeting in Vienna. 
  2. Demo Day in Vienna. 


Travel and accommodation costs covered by the startups, in exceptional cases the need-based travel grants can be considered.

The program will take 5–7 hours a week. This time includes:
– 2 sessions on average a week.
– mentor session once a week.
– extra time for workshops and other calls with CultTech team if it’s needed.

Click “Apply” and fill out the application form. 

The application deadline iы varies per Batches. Follow our Newsletter and Linkedin to be up-to-date.

In order to review and evaluate all of the applications we follow a two-step selection process. 

Round 1: we have composed a jury panel consisting of international, experienced individuals from our trusted investor partners as well as internal members of our team, which analyse each applicant according to standardised criteria. Each startup is given between 1-5 points for each of the following categories: 

  • team
  • business model
  • market size
  • degree of innovation
  • scalability
  • KPI/traction achieved
  • impact

 

Next, the jury gives us valuable insights, involving detailed comments about potential opportunities and risks involved and the applicants are narrowed down to a shortlist. 

Round 2: is a 1-hour video call with all startups, to understand more about their businesses, ask critical questions, get to know the founder team, give the applicants a better understanding of how they can benefit from the CultTech Accelerator and ask us any questions they have. 

We then finalise selecting 8-10 startups who will participate in the CultTech Accelerator!

Demo Day is a celebratory moment for the founder participants after successfully completing the program: the opportunity to pitch and showcase their businesses in front of investors, the media, and a variety of networks at a hybrid event, highlighting their idea and applying all they learnt and reached in the last 3 months.

Watch Demo Day Batch#1  here.

Watch Demo Day Batch#2  here.

If you want to ask a question or arrange a meeting with the organizers, please, write an email to the Head of the Accelerator office@culttechaccelerator.org or text us on LinkedIn.

If you are not ready now, we’ll be waiting for your application the next time. Follow us on social media or sign-up for our newsletter to stay updated on all happenings around the CultTech Accelerator.

We would be extremely happy to consider your support on the program as a mentor or as an expert – fill in the form here!

Culttech Accelerator Newsletter

🚀 Ready to Stay in the Loop? Subscribe to Our Newsletter for the Latest CultTech Updates and Insights!