Designgild's Accelerator Program

Designgild's Accelerator Program

A design-led ecosystem for start-ups
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WHAT IS DESIGNGILD?

DesignGild is an ecosystem that provides high-quality design mentorship and resources to passionate individuals and teams to create Design-led business. DesignGild offers strategic design consulting, design co-founders and hands-on design services to enable seamless integration of Design in business.DesignGild will support the selected start-ups to convert innovative ideas into valuable business propositions.

 

WHY DESIGNGILD?

 Across the globe, design-led ventures are disrupting the markets and coming up with innovative solutions and business models to address industry and societal problems. We believe design as a driving force has a long term implication on the success of a venture. DesignGild leverages its high-quality network of experienced design professionals, industry consultants, academicians, researchers and students to ensure Design remains at the core of the business and primary driving force for business success.

 

HOW DESIGNGILD WORKS?

DesignGild is sector- agnostic, stage-agnostic ecosystem. Start-ups from any sector and stage are eligible to apply. After identifying the most relevant start-ups DesignGild will draw a customized Design- Deployment- Road map for each selected start-up and assign the required Design and business resources to the start-ups.

Each start-up will have access to mentors and domain experts who will set the design and business strategy for the start-up. Ventures will get an opportunity to choose a design co-founder / resource person depending on the role of design in their business.

Founders who are already Designers will get to choose technology and business partners to realize their Design ideas and convert them into valuable business propositions.

 

DESIGNGILD Accelerator Program

DesignGild offers an immersive program that leverages the rich design thinking and design doing experience of MIT ID. The program will have two strands- DESIGN & MAKE under which the start-ups will be exposed to latest design methods and processes to enable them unlock business opportunities. The program will have one-on-one sessions with experienced design mentors and a dedicated design team that works with the start-up through the various stages from design strategy to execution. The program will provide access to a wide network of manufacturers, technology partners, software developers and advanced prototyping facilities to convert ideas in to real market ready products. The program will have inputs on design thinking, lean and agile methodologies, business model innovation, service design, brand communications and other various concepts and tools that make the start-up market-ready. The program equips the start-ups to create compelling customer experiences and long term business value by keeping Design at the core of business.

Start-ups need:  A strong team + ambition to solve complex problems + passion to innovate + a product idea 

Start-ups get:

  • Business opportunity identification using design thinking tools and methodologies 
    • Customized Design and business strategy road map (from idea definition to market-ready product proposition)
    • One-on-one session with design and business experts to determine desirability, feasibility and viability of the idea
    • Open access to design and business mentors and subject matter experts
    • Training and toolkits in lean product development and validation
    • Access to prototyping facilities, vendor network for manufacturing and development experts for coding.
    • Opportunity to hire a dedicated design resource
    • Opportunity to meet potential design partners/co-founders
    • Free co-working space and exposure to investors nationally and globally
    • Company formation support, IPR consulting and legal facilitation
    • Free membership to DesignGild providing access to workshops and events held throughout the year

 

Deadline for applications:
3 months

Saturday, September 30, 2017 10:00 AM PDT (date enrollment ends)