Be one of the high-level specialists to provide a remunerated business development coaching service for visionary entrepreneurs
COPERNICUS ACCELERATOR - MENTORS
About the Copernicus Accelerator
Since 2016, the Copernicus Masters competition enriches its content with an exciting feature, the Copernicus Accelerator. Thanks to this pioneering initiative by the European Commission’s DG Growth, Copernicus´s market uptake is pushed on a wider scale through a unique programme, in which high-level professionals get involved with the top 50 entrants of the Copernicus Masters 2017. The aim is to support entrepreneurs and startups from Copernicus Participating Countries1 to move beyond idea conception into real commercial ventures and to promote these development phases within nine coaching months. This dedicated coaching service creates multiple benefits for the Copernicus Masters participants, as they can benefit from an individual coaching support worth an additional overall value of EUR 250,000.
The Copernicus Accelerator programme is comprised of different phases, for a total coaching support of approximately one year. The finalists of the Copernicus Masters will be provided with a selection of mentors most suitable for their requests and needs. Since the mentors have to state their fields of expertise, both parties are matched accordingly. When a mentor is requested by a participant of the programme, he/she accesses the participant’s profile and examines the submitted idea, in order to decide whether to confirm the request or not. Mentors can only advise up to two participants.
With their profound knowledge and expertise, mentors will help to turn the participants’ promising ideas into reality and successfully enter the market, achieving measurable results in one or more of the following objectives:
- Integration into an incubator
- Win over a first client
- Raising equity funding – angel, seed or venture capital
- Reaching profitability level with a first product
- Development of a new product line
- First access to a foreign market (internationalisation)
- Business Coaching
- Assistance in technical development
Join the Copernicus Accelerator as a mentor and become part of a prestigious Earth observation network!
The eligibility criteria to become a mentor are the following:
- Employed with a legal identity registered in the territory of one of the Copernicus Participating Countries1, whose business purpose is focused on business consulting, e.g. business incubation centres, consulting companies, business intermediaries, university-based startup centres, innovation agencies etc.
- Individual mentors that reside in the territory of one of the Copernicus Participating Countries, with a proven track record of customer references (preferably startups) that they have mentored in the chosen field of expertise
Mentors are also required to demonstrate experience in business coaching or Earth observation, ICT, mobile industry areas or in one or more topics of interest connected with the Copernicus Masters 2017 Challenges. This experience could be based on their own professional career or their mentoring references.
The chosen professionals will provide the finalists of all Challenges of the Copernicus Masters 2017 with a customised business development coaching service worth EUR 5,000 that will be remunerated at the end of the programme (Autumn 2018).
Mentors will support the mentees until July 2018, and will participate with them at a prominent closing event in Autumn 2018, that will officially seal the end of their coaching relationship. AZO will continuously monitor all relationships, in order to assist both parties and guarantee a positive outcome of the programme.Mentors will officially meet their mentees at the Accelerator Bootcamp that will take place on 6 – 7 November in Tallinn, Estonia, in line with the Awards Ceremony of the Copernicus Masters. This event will set forth the official start of their relationship, as mentors and mentees will begin developing a coaching plan together, that will include objectives and KPIs of their affiliation. This event represents indeed an excellent occasion to also join the international EO and GNSS community and benefit from AZO’s global network of innovation and expertise.
Being a mentor not only means supporting clever innovators in turning their ideas into pioneering applications. It also entails the participation to a unique networking event in Tallinn during the Awards Ceremony of the Copernicus Masters 2017, thus becoming a member of the prestigious AZO EO and GNSS innovation community. Applications are now open till 28 July 2017.
|Important dates for applying mentors||Timeframe|
|Submission phase||1 May – 28 July 2017|
|Screening of the mentor applications||31 July – 31 August 2017|
|Communication of eligibility to become a Mentor||By 15 September 2017|
|Matchings with mentees||25 September – 13 October 2017|
|Copernicus Accelerator Bootcamp (mandatory)||6 – 7 November 2017|
Our Copernicus Accelerator participants are all working on exciting EO projects together with their mentors. In each Copernicus Accelerator newsletter, we shed light on a mentee’s startup or his/her application and the mentor to share their success stories with you!
EUROPEAN COMMISSION - DG GROWTH
The Copernicus Accelerator Programme is an initiative funded by the Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROWTH) of the European Commission. The DG GROWTH is responsible for: completing the Internal Market for goods and services; helping turn the EU into a smart, sustainable, and inclusive economy by implementing the industrial and sectorial policies of the flagship Europe 2020 initiative; fostering entrepreneurship and growth by reducing the administrative burden on small businesses; facilitating access to funding for small and medium-sized enterprises (SMEs); and supporting access to global markets for EU companies. All of these actions are encapsulated in the Small Business Act; generating policy on the protection and enforcement of industrial property rights, coordinating the EU’s position and negotiations in the international intellectual property rights (IPR) system, and assisting innovators on using IP rights effectively; and implementing the EU’s space policy via its two large-scale satellite programmes Copernicus (for Earth observation) and Galileo (for global navigation), as well as research actions designed to spur technological innovation and economic growth. http://ec.europa.eu/growth/about-us/index_en.htm
1 The Copernicus Participating Countries include all the EU Member States, in addition to Norway and Iceland.