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Find out answers to the most commonly asked questions.
The program highlights:
No, IBM and BD do not retain any equity in the companies participating in the IBM Alpha Zone Accelerator.
No, IBM and IBM do not retain IP developed during the program. The IP developed by a participating company is retained by the company or any other party as specified in the company's relevant agreements or applicable law.
Cognitive computing systems learn and interact naturally with people to extend what either humans or machine could do on their own. They help human experts make better decisions by penetrating the complexity of Big Data. Cognitive computing systems are trained using artificial intelligence (AI) and machine learning algorithms to sense, predict, infer and, in some ways, think.
We select companies in all stages of development. We prefer companies with a formalized prototype or a more advanced development phase. From a funding perspective, there is no limitation, but we are more focused on post Seed & Round A funded companies.
We will choose talented founders who can solve real business problems or create meaningful innovations. Strong applications will include:
The program will include Meetups in which mentors will speak about relevant topics and enrich participants. Meetups will be hosted by highly successful entrepreneurs, angel investors, legal experts, venture capitalists, and investment bankers. Occasionally, Meetups will include a brief presentation followed by a Q&A session by a CEO or CTO of a well-known local startup. In addition, leading executives and technical experts from IBM will visit companies on a regular basis and provide feedback and significant opportunities for their business. These Meetups are intended to be informal and provide time for companies to personally interact with various mentors across a diversified field.
No. While IBM and BD will contribute mentors, additional mentors are successful entrepreneurs and investors who are experts in Big Data, Analytics, IoT, Mobile and Cloud delivered applications or related technologies. Our main goal is to provide significant industry knowledge and investor support for the selected companies.
No, we do not require business plans. We only require each applicant to fill out an online application. However, we recommend including a Business Plan and a Company Presentation, since these documents provide a more comprehensive understanding of your application.
The IBM Alpha Zone Accelerator location is in IBM Israel HQ at Azorim Park in Petach Tikva. Each company sets its own schedule and office hours. However, we expect this to be a full-time job for participants.
Take a quick look through the pictures. (Click on image below to enlarge.)
Our program provides each company the best opportunity for success. We believe The IBM Alpha Zone Accelerator program will be an important milestone for you and the founding team and an impressive resume achievement. The experience, knowledge and network connections from your participation in the program will help bring success in future endeavors.
Please complete an application at //www.ibmalphazone.com/.
While we review the applications you might want to register for the Cloud Program for Startups as it is a mandatory criteria for the companies who gets into Alpha Zone accelerator.
While we review the applications you might want to register for two program as they are a mandatory criteria for the companies who gets into the program.
Please contact us if you have any additional questions which have not been answered here.