QUALIFICATIONS:

1. Stage of development: Designed for startups in the early stages of the company, such as those with a minimum viable product (MVP) or at least a technology readiness level (TRL) 6. Technology prototype successfully demonstrated in a relevant operational environment. These startups have typically established a proof of concept but may not have a well-defined business model or growth strategy.
2. Any industry.
3. Legal status: The startup must have SEC or DTI registration, or have an application for registration in progress. Business address must be within the Calabarzon region.
4. Team size: Team of 2 to 5 members, with at least one dedicated team member.
5. Scalability potential: Acceleration programs are designed to help startups rapidly scale their businesses. Startups should demonstrate the potential for rapid growth and scalability.
6. Commitment: Startups should be committed to the program and willing to actively participate in mentorship, educational components, and culminating activities.

Within the 6-month program, startups are equipped with the skills and confidence to refine their pitches, showcase their potential, and engage with potential investors. Through mentorship, workshops, and networking opportunities, the program nurtures an environment where startups can make meaningful connections with investors, increasing their chances of securing vital funding for sustainable growth and success. 

The program has three major parts.

During the Pre-Acceleration Demo Day IR in conjunction with IRCIEST VI, the Top 10 qualified startups shall receive a cash seed of P20,000 each team.

CRITERIA for the Selection Phase and Pre-Acceleration Pitch Day are as follows:

1) 20% - the strength of the team

2) 20% - the technical viability of the business idea

3) 20% - market potential

4) 20% - social impact