What is the ProVeg incubator?
We have a preference for companies innovating with plant-based and cultured animal products but support other app-based and e-commerce solutions.
The ProVeg Incubator will give entrepreneurs the workspace, network and resources to support the disruption of animal based products.
The ProVeg Incubator program, in addition to expertise in the plant based industry, has one significant difference from other incubators: It takes no equity in exchange for its help.
Why the incubator?
Who are our partners?
Are startups only from Germany or Europe considered?
Why does ProVeg support clean-meat startups?
What happens after the incubator program?
Do we have to relocate for the program?
What does the application process look like?
What is the difference between an incubator or an accelerator? What does the ProVeg Incubator operate as?
The difference between an incubator and an accelerator depends on the stage of the businesses they support. Incubators support seed startups in early stages who plan to grow with a vetted plan while validating their ideas. Accelerators work with early or mature startups companies with a focus on rapid growth and connection to networks and financing.
The ProVeg Incubator operates both as an incubator and an accelerator, meaning we support both seed and mature startups. The program is tailor-made based on the startups accepted, which is why an intensive selection process is in place. Our incubator unique and specialized environment ensures dedication to make the right idea scale.
If my startup is not selected by the ProVeg Incubator, can I still get assistance from ProVeg?
If I still have a question, how do I get in touch?
APPLICATION CRITERIA FAQs
What are the criteria for consideration in the program?
In order to be considered for the program, a startup must have three main criteria:
- A marketable product or service that aligns with our 50by40 mission
- A challenge that we can help solve
- Something scalable
What if my company is very early stage?
If your company is starting at a very early stage we encourage you to apply to the ProVeg Incubator. The purpose of our incubator’s validate phase is to provide the right tools and resources to develop a scalable business model.
How far along does my company/idea need to be in order to be eligible?
Will any financial assistance be offered?
Once accepted into the incubator, your company does not pay any fees to ProVeg. Once your idea and pitch is developed throughout our program, the opportunity to gain financial investments is offered on our pitch night.