Accelerator Programme

Accelerator Programme

3 Months

The accelerator program is for early stage companies with a MVP (minimum viable product), a market traction and a dedicated team offering a solution (hardware of software) that challenges the status quo to build a more inclusive and sustainable tourism industry.

What we offer in the program are composed of three folds:

1

The content: keynotes, workshops, one to one sessions, working sessions with experts.

2

The mentorship: we select a pool of mentors for each program who commit to dedicate some time with entrepreneurs, challenge them and support their deployment.

3

Access to the ecosystem: from week 1, entrepreneurs will be introduced to a pool of potential partners, clients, experts and
stakeholders. At the beginning of the program and at the end, we host two major events offering maximum visibility to the startups: the Opening Pitch Night and the Grand Final Pitch Night.

3 Months

The accelerator program is for early stage companies with a MVP (minimum viable product), a market traction and a dedicated team offering a solution (hardware of software) that challenges the status quo to build a more inclusive and sustainable tourism industry.

What we offer in the program are composed of three folds:

1

The content: keynotes, workshops, one to one sessions, working sessions with experts.

2

The mentorship: we select a pool of mentors for each program who commit to dedicate some time with entrepreneurs, challenge them and support their deployment.

3

Access to the ecosystem: from week 1, entrepreneurs will be introduced to a pool of potential partners, clients, experts and
stakeholders. At the beginning of the program and at the end, we host two major events offering maximum visibility to the startups: the Opening Pitch Night and the Grand Final Pitch Night.

Content

Qualitative and weekly content are key in the acceleration program. Every week is dedicated to a specific topic ranging from business plan strategy, setting a vision, a mission, building a strong team, marketing strategies and business development. We make sure founders get everything they need to build a strong and sustainable business with positive impact.

While we ensure startup have the time to run their business, one to two days per week are dedicated to learning, morning sessions are for classroom style sessions and afternoons are dedicated to one hour one-to-one session with the instructor to apply what has been presented in the morning into each startup.

Other format include ‘sharing circles’ where one entrepreneur shares with others a personal challenge and/or opportunity and what he/she has learn from it.

We also host once a month leading keynote speaker who is renowned in technology, travel, tourism, innovation and/or entrepreneurship, offering perspective and creative thinking at regular intervals to break-up the intensity of working on the respective business concepts.

Content

Qualitative and weekly content are key in the acceleration program. Every week is dedicated to a specific topic ranging from business plan strategy, setting a vision, a mission, building a strong team, marketing strategies and business development. We make sure founders get everything they need to build a strong and sustainable business with positive impact.

While we ensure startup have the time to run their business, one to two days per week are dedicated to learning, morning sessions are for classroom style sessions and afternoons are dedicated to one hour one-to-one session with the instructor to apply what has been presented in the morning into each startup.

Other format include ‘sharing circles’ where one entrepreneur shares with others a personal challenge and/or opportunity and what he/she has learn from it.

We also host once a month leading keynote speaker who is renowned in technology, travel, tourism, innovation and/or entrepreneurship, offering perspective and creative thinking at regular intervals to break-up the intensity of working on the respective business concepts.

Month 1 - LEARN

An intensive learning programme grasping and revisiting core principals on a daily basis ensuring a rapid evolution of capacity, together with creative thinking and a drive to succeed.

Core learning principals include:

Inspiring Excellence - learnings shred by peers and thought leaders

Setting Foundations - lending time to structure and business principles

Critical Thinking - understanding the role of design in critical thinking

Month 2 - NURTURE

Supported by a team of mentors, participants are nurtured throughout the process, with both one-to-one support, small group mentorship and guided towards actionable outputs guided by principles

Adapting mindset - Giving a broader framework to the principles underpinning entrepreneurship today,
from diversity, inclusiveness and transparency to value driven growth and purposeful leadership.

Targeted intervention - Bringing tailored support to entrepreneurs at the early growth stage of their start-up, ensuring they get the right guidance, connections and basis they need to succeed.

Month 3 - IMPACT

Helping entrepreneurs pursue lateral thinking in pursuit ideas which have the potential to transform society, livelihoods and prosperity where the visitor economy is an enabler and catalyst in supporting a bigger objective. Impact is explored at the start of the programme and denied towards the end.

Exploring Impact - Entrepreneurs are given a platform to look at how their actions, solutions and ideas can become a force for change and become levers in creating positive impact.

Defining Impact - Creating a clear pathway where impact can become the pursuit with mechanisms in place to monitor, check-in and stay on strack with both commercial and purpose led objectives.

Month 1 - LEARN

An intensive learning programme grasping and revisiting core principals on a daily basis ensuring a rapid evolution of capacity, together with creative thinking and a drive to succeed.

Core learning principals include:

Inspiring Excellence - learnings shred by peers and thought leaders

Setting Foundations - lending time to structure and business principles

Critical Thinking - understanding the role of design in critical thinking

Month 2 - NURTURE

Supported by a team of mentors, participants are nurtured throughout the process, with both one-to-one support, small group mentorship and guided towards actionable outputs guided by principles

Adapting mindset - Giving a broader framework to the principles underpinning entrepreneurship today,
from diversity, inclusiveness and transparency to value driven growth and purposeful leadership.

Targeted intervention - Bringing tailored support to entrepreneurs at the early growth stage of their start-up, ensuring they get the right guidance, connections and basis they need to succeed.

Month 3 - IMPACT

Helping entrepreneurs pursue lateral thinking in pursuit ideas which have the potential to transform society, livelihoods and prosperity where the visitor economy is an enabler and catalyst in supporting a bigger objective. Impact is explored at the start of the programme and denied towards the end.

Exploring Impact - Entrepreneurs are given a platform to look at how their actions, solutions and ideas can become a force for change and become levers in creating positive impact.

Defining Impact - Creating a clear pathway where impact can become the pursuit with mechanisms in place to monitor, check-in and stay on strack with both commercial and purpose led objectives.

Rebuild X Recover

How does the industry pick itself up out of the worst crisis seen in peacetime for the global travel industry? With millions of jobs lost, businesses shuttered and a global recession looming, the tourism industry, which has prospered so much on the back of global growth is faced with a raft of challenges to rebuild and recover.

The entrepreneurs who tackle this challenge will be tasked with visioneering solutions which not only help to rebuild lost livelihoods of millions but to also seek new ways for the industry to heal and recover. As an industry, the impact of Coronavirus will be felt for many years to come and it is likely that innovation in finding ways to support recovery will reflect a change in the collective psyche of society and its need for healing, as they will the new economic realities.

How can we restore confidence once more amongst travellers, businesses and citizens, as society gradually returns to normal after the impact of Coronavirus? Lasting concerns around safety, confidence and emergency response will remain key issues affecting tourism for many years to come.

As an industry, tourism has been repeatedly impacted by crisis and disasters. Wildfires in California and Australia, Hurricanes in Haiti and Puerto Rico, increased flooding and tsunami’s and of course low-lying countries have all threatened local communities and tourism, often the industry they depend on, in a rapidly warming planet. In parallel to this man-made tragedy from war and terrorism to global pandemics, all threaten to take from us what we hold so precious, the freedom to travel.

Safety X Confidence

Tourism X Society

In more prosperous times, the success of tourism has led to ‘tourism hotspots’ suffering from overcrowding causing friction between resident and visitor populations and outside of cities damage to natural habitats where instagram flashpoint see a volume of visitors which is unsustainable.

For many years, the industry has grappled with different strategies focused on dispersion, product development and visitor education. Recently, destination brand strategies have tilted towards sustainable development and in particular the ‘balance’ between visitors and locals. But beyond strategies, how can technology, data and innovation enable solutions which can produce measurable results, from understanding where an imbalance occurs between tourism and society identifying innovation solutions which address that.

Before COVID-19 global growth was set to see international tourism arrivals reach 1.8 billion by 2030, with rapidly emerging economies contributing to the lions share of this upward curve. As the desire to travel and explore the world is sought by more and more citizens from around the world, the need to define purpose in economies who benefit from tourism becomes ever more acute. There has been a growing acknowledgement that the positive contribution of tourism should not be merely economic but also contribute to society too.

With this challenge, the question is to look at how growth and purpose can co-exist with one supporting the other. What mechanisms can be designed to ensure that if a destination succeeds in creating demand, that the the benefits are felt throughout society?

Growth X Purpose

Authenticity X Enablement

People and culture have long been drivers for travel, where the curiosity to discover another way of life, other cultures and to travel to see places yet discovered is a human need for so many of us. However, as tourism thrives, authenticity is often under threat, exploited or even commoditised for its commercial potential, or overtaken simply without realising.

With the global visitor today a reality, how can technology be an enabler in bringing people, places and culture closer together through travel? Technology offers the potential to enable people to prosper but it can also supporting different cultures and people of the world to retain and strengthen deeply held values, often threatened in a globalised world.

Disruption has defined much of the past decade, from the digitalisation and with it the democratisation of travel, through to the sharing economy and the changes that came with that. Today, the tourism industry is challenged on the one hand by technology, the rapid evolution of automation and data driven solutions and on the other by society, the rejection of globalisation and divesting impact of COVID-19.

With short-term contraction now a certainty for the travel industry, new realities on everything from how we use data and high-end technology to provide better safety mechanisms to how we balance technology and society are now more important than ever

Disruption X Evolution

Rebuild X Recover

How does the industry pick itself up out of the worst crisis seen in peacetime for the global travel industry? With millions of jobs lost, businesses shuttered and a global recession looming, the tourism industry, which has prospered so much on the back of global growth is faced with a raft of challenges to rebuild and recover.

The entrepreneurs who tackle this challenge will be tasked with visioneering solutions which not only help to rebuild lost livelihoods of millions but to also seek new ways for the industry to heal and recover. As an industry, the impact of Coronavirus will be felt for many years to come and it is likely that innovation in finding ways to support recovery will reflect a change in the collective psyche of society and its need for healing, as they will the new economic realities.

Safety X Confidence

How can we restore confidence once more amongst travellers, businesses and citizens, as society gradually returns to normal after the impact of Coronavirus? Lasting concerns around safety, confidence and emergency response will remain key issues affecting tourism for many years to come.

As an industry, tourism has been repeatedly impacted by crisis and disasters. Wildfires in California and Australia, Hurricanes in Haiti and Puerto Rico, increased flooding and tsunami’s and of course low-lying countries have all threatened local communities and tourism, often the industry they depend on, in a rapidly warming planet. In parallel to this man-made tragedy from war and terrorism to global pandemics, all threaten to take from us what we hold so precious, the freedom to travel.

Tourism X Society

In more prosperous times, the success of tourism has led to ‘tourism hotspots’ suffering from overcrowding causing friction between resident and visitor populations and outside of cities damage to natural habitats where instagram flashpoint see a volume of visitors which is unsustainable.

For many years, the industry has grappled with different strategies focused on dispersion, product development and visitor education. Recently, destination brand strategies have tilted towards sustainable development and in particular the ‘balance’ between visitors and locals. But beyond strategies, how can technology, data and innovation enable solutions which can produce measurable results, from understanding where an imbalance occurs between tourism and society identifying innovation solutions which address that.

Growth X Purpose

Before COVID-19 global growth was set to see international tourism arrivals reach 1.8 billion by 2030, with rapidly emerging economies contributing to the lions share of this upward curve. As the desire to travel and explore the world is sought by more and more citizens from around the world, the need to define purpose in economies who benefit from tourism becomes ever more acute. There has been a growing acknowledgement that the positive contribution of tourism should not be merely economic but also contribute to society too.

With this challenge, the question is to look at how growth and purpose can co-exist with one supporting the other. What mechanisms can be designed to ensure that if a destination succeeds in creating demand, that the the benefits are felt throughout society?

Authenticity X Enablement

People and culture have long been drivers for travel, where the curiosity to discover another way of life, other cultures and to travel to see places yet discovered is a human need for so many of us. However, as tourism thrives, authenticity is often under threat, exploited or even commoditised for its commercial potential, or overtaken simply without realising.

With the global visitor today a reality, how can technology be an enabler in bringing people, places and culture closer together through travel? Technology offers the potential to enable people to prosper but it can also supporting different cultures and people of the world to retain and strengthen deeply held values, often threatened in a globalised world.

Disruption X Evolution

Disruption has defined much of the past decade, from the digitalisation and with it the democratisation of travel, through to the sharing economy and the changes that came with that. Today, the tourism industry is challenged on the one hand by technology, the rapid evolution of automation and data driven solutions and on the other by society, the rejection of globalisation and divesting impact of COVID-19.

With short-term contraction now a certainty for the travel industry, new realities on everything from how we use data and high-end technology to provide better safety mechanisms to how we balance technology and society are now more important than ever

Start Today

Digitalisation is more important than ever and the DTTT Team has years of experience helping both businesses and destinations a like. With our expertise we can tailor a programme to help you build accelerators and refocus your organisation to succeed in the new normal.

Start Today

Digitalisation is more important than ever and the DTTT Team has years of experience helping both businesses and destinations a like. With our expertise we can tailor a programme to help you build accelerators and refocus your organisation to succeed in the new normal.

© 2020 Digital Tourism Think Tank