Frequently Asked Questions.
Here are some common questions about AeroInnovate and the Virtual Accelerator Program.
Do you take equity in my company?
We do not take equity in your company. AeroInnovate helps innovators from across the globe who are starting and growing aero-related businesses and bringing new technologies to the marketplace.
What other benefits or services does the AeroInnovate Accelerator provide?
The AeroInnovate accelerator offers highly customized support to help take your company to the next level. Not only do we have access to mentors in aviation and aerospace, but we also have interns and UW Oshkosh faculty to offer their assistance and wide range of expertise. Our team may assist in the development of a marketing strategy and market research through our in-house research center. We will prepare you to pitch your company to investors and industry leaders at our Pitch & Mingle event. You will also have the opportunity to display your company with exhibit space at EAA AirVenture Oshkosh, the world’s largest aviation celebration.
Do you accept companies that are competitive with each other?
Not in the same cohort, but otherwise, yes.
Will you accept companies from outside of the United States?
How do you choose which companies to accept into the program?
We are looking for early stage aviation/aerospace/UAS companies with significant growth potential. We have a panel of reviewers who will evaluate your application looking specifically at the idea, the market, and the team.
What stage of companies are you looking for?
We typically look for seed or early stage companies with minimally viable products, potential to scale, and strong management teams.
What is Pitch Camp?
Pitch Camp is an intensive two-day experience in Oshkosh the weekend prior to EAA AirVenture (July 21- 22). We will provide mentorship and coaching on your executive summary, pitch deck and pitch presentation. Pitch Camp culminates with a pitch “dress rehearsal” for peers, mentors and investors on Sunday, July 21.
What is Pitch & Mingle?
Pitch & Mingle is our accelerator’s “demo day.” It’s a celebration of you as a member of our cohort and your accomplishments. It’s an opportunity for you to introduce your company to the industry. You will pitch to investors, key players in the aerospace industry, media and potential customers.
When will I know if I have been accepted to the program?
We will make decisions about applications by May 3, 2019, which is four weeks prior to the accelerator kick-off.
What are the dates of your virtual accelerator program?
2019 Program Schedule
Applications Close: March 15, 2019
Accelerator Start: March 31, 2019
Kick-off Weekend: June 1 & 2, 2019
Arrive in Oshkosh, WI: July 19, 2019
Pitch Camp: July 20 & 21, 2019
AirVenture 2019: July 22-28, 2019
Pitch & Mingle: July 24, 2019
What are my responsibilities during the program?
You must commit to working on your business in your home location for the first seven weeks of the accelerator. There will be up to four mandatory conference calls each week for accelerator curriculum and mentorship. Interaction and collaboration with your fellow entrepreneurs is highly encouraged. You will also prepare materials for your booth at EAA AirVenture (we can help you with this) and participate in-person with Pitch Camp and Pitch & Mingle in Oshkosh from July 19 – 28.
What are my responsibilities after the program?
There are periodic surveys sent to you, which update us on the progress of your business, such as financial information, follow on funding, headcount, etc. This information assists us in developing a strong program by tracking our impact.