F.A.Q

Here you will find some of the more frequent questions we usually receive about our acceleration programs. Hope you find them useful. In case of doubt just e-mail us at innovation@istobal.com and we will answer you.

  • To apply in our acceleration program you have to fill in the questionnaire in our page in F6S. It is important that all founders are registered and information from each of them fulfilled, apart from that of the project itself.

  • It is not necessary to have it when applying to the program but will be convenient that you have set up your company in case you are selected for the acceleration program.

  • Once we have received your project and submission period is over, we will analyze all projects. The 10 preselected projects will move to the next phase, the Selection Day, that will take place in our Headquarters in Valencia.

  • If your project is selected, we will invite you to take part on the acceleration program. We will then sit down and analyze the project in detail to start working together.

  • Nothing happens! We are aware that there are many projects and we have only a limited number of space and resources.

  • For the acceleration program, selected projects can receive up to 10.000€ per team to fund the process of develop, adapt, validate and implement your Proof Of Concept (POC). This is not an investment but a contribution to help developing a concept. Istobal might have interest in taking a percentage in equity, or being your customer or evaluate other forms of collaboration. This will be analyzed case by case.

  • Yes and no, it depends on the stage of your project. If your project is on an early stage we recommend you to be around to get advantage of all benefits. We offer you free space, mentoring, workshop sessions and access to our resources. If your project is already having sales and traction, you might consider not moving to Valencia, but certainly travelling will be required to manage the acceleration program, accessing the mentoring and workshops sessions and creating the POC.

  • Everything you need to develop your concept: free space, internet access, networking and mentoring with subject matter experts (to be adapted to each particular need), access to our Innovation Lab, our prototype and manufacturing workshops and our testing area as well as our R&D and Manufacturing experts.

  • If the POC shows to be a good solution to be further developed and go to market, we can potentially, following an agreement between both, carry on to implement and scale the concept, for which we can be your customer and be helping you to grow your product offerings.

  • We do not sign an NDA. There are many reasons for that: we see many projects with similar ideas, signing an NDA with one would make it difficult for us to evaluate other projects. On the other hand, we do evaluate as well the team, the possibilities to execute the project and not only the idea if it can be protected or not.