MITA YouStartIT Accelerator Programme, in short YouStartIT, is an accelerator programme run by the MITA Innovation Hub. The focus of YouStartIT is on accelerating early stage startups from concept stage to prototyping and then market deployment within a 16-week period during which they are mentored, supported and guided to investor readiness. By the end of the programme the startups will have developed, tested and deployed (or improved) their prototype, formulated a business plan and formalised into a business undertaking. YouStartIT runs roughly twice a year offering a pre-seed investment of €30,000 and taking in five or more startups per intake. All intellectual property developed belongs to the startup.
Who can apply?
Teams of at least two individuals can apply. At least one must have sufficient technical skills to assume a CTO role in future. Startup projects must consist of a proof-of-concept with the intent of developing a prototype at “beta” version or less. If selected, you will be expected to formalise into a business undertaking registered in Malta and then follow the programme on location.
How it works
Once a call for startup projects is open, click on the Apply button on the homepage to start the application process and get the full details. After the deadline, we will evaluate and shortlist all applications. If shortlisted, we will invite you for a short interview. Depending on project maturity, we may ask you to follow a pre-acceleration programme called Validator in preparation for the final bootcamp and pitch.
What we offer
You will receive a €30,000 pre-seed, consisting of a cash grant of up to €20,000, plus €10,000 worth of pro bono services covering hands-on project support, legal, tax and incorporation services, mentorship and 24×7 access to our co-working space in SmartCity. In addition to that, tens of thousands of Euro worth of credits from AWS, Google Cloud, Microsoft for Startups, Atlassian and ZenDesk.