The azalvo Project powered by Jumpstart is an ideas lab focused on lifestyle, retail and fashion-tech innovation. The program leverages our expertise, resources, mentorship, business network and technology verticals to help build trailblazing startups from the ground up. Our goal is to help our cohort teams to scale revenue by obtaining commercial contracts, POC’s projects from our wide business network in Asia.
This azalvo Project is the first of its kind of accelerator in Asia where we bring a leader from the fashion and lifestyle industry (Azalvo) and a leading global innovation platform (Jumpstart) together to provide startups immediate access to a centralized platform of supply chain, and industry resources, innovation experience and regional startup networks in one single package.
The azalvo Project facilitates the development of proprietary products, disruptive platforms, and a transformation of the lifestyle and fashiontech value chain. A hybrid program with a mix of virtual and in-person interactions, the azalvo Project powered by Jumpstart is open to teams outside of Hong Kong and has a region-wide focus in Asian markets. Teams could join virtually or in person in Hong Kong. For teams coming into Hong Kong, we could assist with the visa process.
Incorporating a purposeful curriculum, group classes, and one-on-one mentorship sessions, the program connects participating startups with ecosystem enablers including investors, marketers, business strategists and thought leaders. The ultimate goal is help teams increase their revenue and brand presence.
The azalvo Project is a 12-week, free hybrid online or in-person accelerator program. Our 2021 cohort will commence on March 15, 2021 and end on June 11, 2021. Demo day is slated to take place on June 10, 2021.
We are looking for startup teams within the fashion-tech and retail-tech space. At a minimum, we look for startups with a finished product and are revenue generating. Teams with a track record of success, investments, growing revenues, previous accelerator experience would be a plus. Startups from around the world could apply with no restrictions.
A major part of the goal of this program is to invest in the long-term success of our entrepreneurs. We want to build a sustainable community of quality entrepreneurs that support their current cohort teams and future teams. We believe in paying it forward. Teams that show exceptional promise may be offered an investment from our stakeholders. Teams will continue to have access to our mentor network as well as opportunity for investment after the program.
No. This is a completely free accelerator, we do not want teams to bear extra burden while trying to grow at this critical time of their company. However, should teams choose to come to Hong Kong, they need to bear their own travel, housing and other related expenses.
Unfortunately we do not provide immediate seed funding at the beginning of the program. However there will be potential investment meetings towards the end of the program. Exceptional teams may be offered investment from Azalvo and/or it’s stakeholders.
Unfortunately we are looking for teams with a finished product and have a consistent record of revenue. We hope to see you in our future cohorts!
We receive hundreds of applications and we will review each of them individually. We will try to respond to your team within a couple of weeks with a yes or no. We are doing a rolling admission model, so there is an advantage to apply early!
We will accept up to 10 teams for this cohort.
We want our teams to focus on building their business but there will be required classes, networking events, investor and business meetings that we expect everyone to join. We need all startups in our cohort to be team players and support the program and their fellow cohort members.
Yes! This is a hybrid virtual program where we aim to work with teams that are not able to travel but still want to unlock access to the Asia market. We welcome you to join us from anywhere in the world.