The Singapore Tourism Accelerator
The Singapore Tourism Accelerator is a highly-selective, equity-free 4-month programme for the world’s most promising technology startups or pre-scaleups that can power the travel and tourism industry. The Accelerator is organised by the Singapore Tourism Board (STB) and its appointed corporate innovation partner, Ravel Innovation.
We are looking for the very best in innovation and are particularly interested in companies that are developing solutions to future-proof the travel and tourism industry and help tourism companies thrive amidst the challenges brought about by COVID-19. Whether you already have some traction in the industry, or are looking to apply your solution to the industry for the first time, we want to hear from you.
The selected companies will gain unparalleled access to work with some of Asia’s and the world’s most important industry players. They will undergo 2 short bootcamps of intensive workshops, including sessions to scope potential pilots, followed by up to three months of pilot implementation with selected industry partners. The accelerator entails an intensive programme to learn critical market entry skills, pilot design and implementation skills, building a company and culture that scales and fundraising strategies via workshops, 1:1 mentoring, peer learning, expert feedback, networking sessions with founders and investors, and industry events. The 4-month programme will end with a Showcase & Demo Day with industry partners and investors.
During pilot implementation, the companies will receive funding support of up to 70% of qualifying costs, up to SGD25,000 per company to testbed their solutions.
Eligible companies will receive a one-time relocation stipend of SGD2,000 per company for the duration of their physical participation* in the programme, as well as assistance with temporary relocation (co-living and entrepreneurs' visa) to Singapore.
*Overseas companies need to be physically present in Singapore during the programme to be eligible for the relocation stipend.