Along with its current programs in Tel Aviv, Israel, and Munich, Germany, Intel has now added Boston, Massachusetts, to its Ignite acceleration program for early-stage deep tech firms.
Intel Ignite was created as an acceleration program for early-stage deep tech firms, and it has produced approximately 100 new companies.
“Each cohort receives more than 600 applications from businesses around the world. Of those, around 50 are selected as finalists, and only 30 are accepted into the program.
We use Intel’s expertise and connections to help these deep tech businesses identify their product-market fit, validate and legitimize their solution, provide access to markets and consumers, and, ultimately, raise their value to support their fundraising objectives.”
-Tzahi Weisfeld, vice president of Intel and head of Intel Ignite
Intel is dedicated to serving as the preferred platform for emerging technologies. On their technological journey, disruptors are assisted by the Ignite program.
Furthermore, participants in the Intel and Ignite programs work together to advance technology.
The Intel Ignite program is built around mentoring. Serial entrepreneurs, business executives, and technical specialists with in-depth subject matter experience are paired with startup founders by Intel, a company dedicated to creating technologies that will change the world.
Mentors are carefully chosen based on their area of expertise, invest a significant amount of time and effort into the program, and frequently form lifelong bonds with the teams they advise.
The goal is to provide future leaders with value by utilizing the full depth and breadth of Intel’s reach, size, and resources to support a route to their success.
The portfolio of participating Ignite firms has received more than $1 billion in funding thanks to Intel’s global network, which also provides mentorship and tools.
Due to the closeness of several of the country’s top technological universities, Boston-area startups also frequently have a strong emphasis on deep technology.
All leading disruptors should apply because, despite the fact that we are focusing some of our efforts in Boston, the program is flexible and we accept deep tech businesses from all across the United States.”