Delivering Facebook’s flagship London accelerator identifying and supporting start-ups solving global inequalities in internet connectivity
THE CHALLENGE
To help solve global inequalities in internet coverage through partnership with the world’s leading connectivity startups
OUR SOLUTION
- Programme design: Worked with Facebook to design a programme that gave the start-ups access to Facebook expertise and assets as well as delivering on the strategic ROI for Facebook
- Start-up Radar: Developed a pipeline of emerging start-ups in the global connectivity space across EMEA, defined selection criteria and ran selection process
- Programme execution: Delivered day-to-day management and activities – including coaching, feedback and KPI reporting
THE IMPACT
- 36% of the accelerator cohort launched strategic partnerships with Facebook during the programme
- 50% of Facebook mentors on the programme reported driving significant strategic learnings that would go on to inform market and product strategy at the organisation
- The programme strengthened Facebook’s brand positioning in the startup ecosystem – 75% of the cohort reported having a better perception of the organisation
- Since Facebook’s partnership with Founders Intelligence, the accelerator has experienced 6x y-o-y growth in the volume of applications. This success led to Founders Intelligence being retained to run a new accelerator in 2020
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