Startups — apply now to participate in the 12-week high-touch RIoT Accelerator Program. RAP increases the impact of traditional business development resources by connecting you with an industry consortium of more than 80 companies across the IoT technology stack to learn, partner, and bring your product to market.
Applications accepted on a rolling basis. Startups can apply anytime and will be considered for each cohort after the associated application deadline.
Summer 2020 Cohort | May 26th to August 14th | Raleigh, NC
Applications are closed.
Fall 2020 Cohort | September 8th to November 25th | Raleigh, NC
Deadline for applications is July 31, 2020 at 5:00 pm ET.
Check back. More program dates and locations will be added in 2021.
The RIoT Accelerator Program (RAP) facilitates a variety of entrepreneurial processes– from research commercialization to startup growth to corporate innovation projects. There is an opportunity for industry to seed the accelerator with market-driven problems. If you are part of a research commercialization or corporate innovation team motivated to solve through entrepreneurial partnerships or internal startup teams, contact us.
- Connect with industry partners and customers
- Leverage an engineering prototyping lab and tools
- Access an IoT ecosystem of government, academic and industry collaborators
From 2014-2017, RIoT supported 40 companies that went on to collectively raise over $275M and create more than 400 jobs in NC. Recognizing the opportunity to leverage this momentum, the EDA awarded RIoT an economic development grant to launch a formal accelerator program in 2018.
Who should apply?
Since its inception, RIoT has supported dozens of startups–many of which may not look like classic IoT companies. RAP seeks innovative ideas from companies and entrepreneurs that recognize the the opportunity to leverage the data economy.
Three paths into the program:
- Apply as an early stage startup
- Apply as a corporate team to leverage the program to facilitate an innovative new product offering and network in a creative environment outside of your corporate structure.
- New team formation around industry-driven projects: RIoT helps source talent for sponsored innovation projects. Connect with us if you’re interested in seeding a project into RAP or joining a RAP team as a complementary technical or business applicant.
RAP is stage and industry agnostic. Whether you are a startup, a motivated entrepreneur onto your next idea, or a part of a company interested in starting a project in an environment independent of the company structure, please apply. Strong applications demonstrate a market demand, ideal timing, and early validation or traction.
Team size requirement: 2 full time preferred, 1 full time minimum.
Must be available to participate full time through the 3-month program. Content is a mix of on-site workshop programming and mentorship and dedicated time to work on your company.
Download the application here. Once you complete the application, use our online form to submit your application.
RAP provided us with key partnerships with tech powerhouses such as ARROW and Microsoft to drive our product development. RIoT has done an incredible job of keeping us connected with the community.
RAP was more than worth the time investment. From the education sessions, to the mentoring and coaching, to the networking and exposure, we’ve gained knowledge, partners and potential customers. And…we really appreciated the new friends we made in the cohort.
The best aspect of RAP was the breadth and quality of the network and mentors. Whether they worked for tech giants or outstanding local firms, every mentor I met was engaged, curious by nature, never transactional, and genuinely helpful.
RAP is THE quintessential startup tutorial – beyond IoT fundamentals, a broad and thorough purview of positioning, building, and taking product to market, and governing, funding, and growing your business. You start RAP with an idea, and graduate with a company.
RAP is the immersive experience my company needed to gain expertise about RFID. We can now speak confidently about our new technology and navigate the industry.
RIoT has opened many huge doors for us, including opportunities with some of the biggest players in the wireless space, entrepreneurial community and venture funding circles.
It is obvious that the RAP curriculum is thoughtfully laid out and then executed by experts who truly care about accelerating your business. Every step of the way the programming aligned with my business' needs and helped to push us forward. RAP created accountability and momentum that would be hard, if not impossible, to generate independently which has continued to grow post-program.
RAP has been the catalyst for understanding and executing our near-term business strategy. This accelerator provoked the thought and discussion necessary for setting goals and developing a plan to achieve them.
RAP provided our team with so many great resources, access to tech startup assistance, and much needed weekly mentoring sessions. I am excited that we were able to be a part of this enriching program. Through RIoT, we received an abundance of positive encouragement from our peers. They continuously motivated us to keep pushing, and to not give up on our entrepreneurial goals.