Virtual Acceleration

Our Virtual Acceleration program helps startups reach the standards needed to attract U.S. or international investment opportunities.

Applications open:
Application deadline:

Our Virtual Acceleration services support established foreign companies in exploring the most viable pathways to enter the U.S. market. After validating market potential, this program takes a deeper approach to help you determine what kind of presence in the U.S. is the best fit for your company — whether that be a sales office, U.S. branch, U.S.-based partner, full transfer of the company, or more. A program fee of $15,000 covers our team's research and consultation.

Program Advantages:

A) Virtual support from Idea Foundry's Pittsburgh-based team during the three month program, connections to Idea Foundry's business network, and continuing opportunity to apply for other Idea Foundry programs

B) Business model and market penetration assessment and consultation, customized to the needs and industry of each company, including:

- exploration and presentation of business pathways, regulations, licenses, import and export requirements, and more

- connections to business and immigration lawyers if applicable

- identification of potential risks, challenges, and costs associated with an expansion into the U.S. market

C) By the end of the program, companies should gain an understanding of the most economical and viable pathway to access the U.S. market and the steps involved in moving forward along that pathway.

Focus areas

Since inception, Idea Foundry has been operating a unique Accelerator model which is today encompassed under the Impact Innovations and Equitable Entrepreneurship brands. Our focus areas have evolved with the changing needs and priorities of the region. While the innovations and businesses we work with address specific and often complex problems, they create an impact in areas which are basic societal necessities.

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Eligibility requirements

  1. Foreign companies must be established and revenue generating
  2. Demonstrate an innovative solution, either through a disruptive methodology, process, or technology
  3. Demonstrate that they make a positive impact socially and/or environmentally on a local and/or global scale
  4. Support job creation locally and/or globally.
  5. Idea Foundry’s primary focus areas include life sciences and healthcare, environment, education, energy, safety and security, agriculture, and advanced technologies.
  6. Idea Foundry’s global initiatives have regional focuses on Asia and Latin America, but applications will be evaluated from other parts of the world as well.

How to apply

We are currently not accepting applications for this program. Nevertheless, we encourage interested parties to reach out and have meetings with our team in the meantime.
  1. Idea Foundry accepts inquiries for its Virtual Acceleration program on a rolling basis throughout the year.
  2. Please contact us at info@ideafoundry.org with a brief description of your idea and needs. Our staff will get back to you to see if the program is a good fit for you.
  3. Then you can apply online using the link below.
  4. At the present time, Idea Foundry can only receive applications and inquiries in English, Mandarin, and Spanish.

Recent news

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