2023 Expedia Group Open World Accelerator (up to $20,000 USD non-equity grant)

Filed in Grants by on October 4, 2022 0 Comments
Expedia Group Open World Accelerator

This is an initiative designed to advance innovation in the travel industry by helping startups and small and medium businesses (SMBs) fast-track their growth, and innovate on its purpose-built Open World technology platform.

The six-month, non-equity remote accelerator is open for startups and SMBs around the world, and features two programmes:

  • Impact Programme
    • Objective: Tying into the Open World social impact and sustainability strategy, this programme aims to empower startups and SMBs in the travel and hospitality ecosystem using the Expedia Group platform.
    • Theme: Increase access for underserved travelers; making travel more open and accessible.
  • Co-Development Programme
    • Objective: Fast-track new platform capabilities through co-development with selected startups and SMBs on Expedia’s Open World platform.
    • Theme: To be announced

Benefits

  • Growth: Access to Expedia Group insights and tech to accelerate your organic growth and product development including access to Expedia Group products such as: Travel Agent Affiliate Programme, Media Solutions, Affiliate Hub.
  • Knowledge Development: Regular coaching and mentoring sessions by Expedia Group and external traveltech experts, in addition to workshops to advance both product and business roadmaps.
  • Networking Opportunities: Connect with a community of like-minded travel tech innovators and participate in two in-person events: (1) Program Opening at Expedia Group’s HQ in January 2023, and (2) Program Closure/Demo Day in May 2023. Travel for both in-person events will be covered by Expedia Group.
  • Brand Exposure: Expedia Group press, social media, and website amplification will boost your visibility in industry and investment communities.
  • Financial Support: Access to up to $20,000 USD non-equity grant per selected participant company.
  • Partnership Opportunities: Opportunity to explore potential commercial and/or tech partnerships with Expedia Group.

Eligibility

If you are a startup or SMB meeting these criteria, you are invited to apply:

  • Tech or tech-enabled and must have at least a have a product or service built to the MVP (minimum viable product) stage.
  • Incorporated in the last 10 years or less
  • Have a mission, objective or focus to increase accessibility and/or inclusivity within the travel industry.

Selection Criteria

  • Clarity of problem statement and potential addressable market
  • Uniqueness of product/solution
  • Traction and scalability potential
  • Team makeup and experience
  • Mission, objective or focus to increase accessibility and/or inclusivity within the travel industry
  • Quality of presentation (if applicant moves to interview round)

Application

  • Phase 1: You only need to submit the application form.
  • Phase 2: Should you advance to the second round; you will need a pitch deck for the virtual interview session. This will take place on early-mid November 2022.

Click here to apply

For more information, visit Open World Accelerator.

Deadline: October 21, 2022

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Source: Sabonews.org

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