At X Co it’s REAL time ALL the time
The X Co R.E.A.L™ program (Rapid Entrepreneurial Accelerated Launch) utilizes a three component system of development and acceleration, which combines group-based training, individual development, and peer-to-peer mentoring in order to give each company the foundations of entrepreneurship along with the skills and guidance to apply the various program topics to their particular businesses. The primary goal of the X Co R.E.A.L program is to ACCELERATE (not just educate) each company’s business in order to understand the topics presented and more critically understand how to apply each topic to their particular business.
During the 16-week X Co R.E.A.L program, each major topic is broken out into 2-week modules. During these two weeks, each company follows the R.E.A.L program schedule in order to maximize learning and gain an understanding of how to apply the topic to their business. This allows each company the time it needs in various group settings, individual EIR guidance sessions, and the collegial peer-to-peer interaction on a daily basis at the X Co facility, to grasp concepts, apply them and present them. The program culminates in a pitch to Venture Capitalists, Angels, and other investors at the X Co facilities.
Our investment module is that we will invest $100K up to $250K per company.
FinTech with a focus on payments & commerce
Cyber Security, IT Infrastructure and Cloud Computing
Distributed Ledger Tech & Blockchain
Gaming / Hospitality Innovation
HealthTech / Telemedicine
Basic X Co Accelerator “admission” requirements for companies:
Pre-Institutional investment stage, but already completed or in process of completing a “non-institutional” initial funding round
Strong fit with the X Co “R.E.A.L.” methodology with highly focused, resilient, and results-oriented teams
2 - 3 Founders/executives in place, actively looking to expand the team
Minimum Viable Product (MVP) prototype, validating product architecture, design, and market fit
Deep team understanding of the problem with sector specific industry experience and a unique or differentiated solution for solving the problem
Ambition to build their company and raise an institutional Series A round within eighteen (18) months of completing the program
Benefits for Startups
At X Co we have a saying: “Real time all the time.” Our leadership team includes highly experienced executives from vast backgrounds, with major entrepreneurial and startup venture experience, and they are dedicated to guiding you forward
COST and INVESTMENT
The cost of the REAL program is $32k. X Co invests time and training in exchange for equity. X Co also may invest directly in the companies for further equity. The amount is negotiable depending on the needs of the company and the determination of X Co. For our upcoming Fall 2022 cohort, our investment module is that we will invest $100K up to $250K per company.
16 WEEKS, A LIFETIME OF PROGRESS
Participants get bi-weekly lessons for both company and individuals. Our content is bundled into eight modules designed to accelerate you and your business: MVP, Intellectual Property, Securing Capital & Financial Management, Go To Market, Marketing & Sales Strategies, Team Building, Growth & Scaling, and Venture & Fundraising Strategies.
Our team will guide you through the very important process of fundraising. From clarifying your pitch deck, nailing your elevator speech, optimizing your Linked In and utilizing Crunchbase research, we are there to help you advance. We can also help connect you with our growing network of Angels, Family Offices and VCs.
Pitch Day concludes the program and offers founders the opportunity to pitch directly with angel investors, family offices and venture capital. When that day comes, you will be ready for the moment!
EXPAND YOUR NETWORK
When you join our accelerator, you also gain access to our network of industry experts, mentors and advisers. During each module we have a “Wisdom Wednesday” series where we have lunch with seasoned guest speakers who share their perspectives with our companies.