The only Hardware Accelerator in the CEE region where investment experience is combined with machinery, prototyping capacities and startup management know-how.
SmartWare.tech is an accelerator for startups developing hardware, including (but not exclusively) IoT startups. Our mission is to help outstanding and motivated entrepreneurs get through the earliest and most critical stage of building their companies. We do that by providing support in
design and manufacturing professional prototypes (MVPs),
business plan development,
and global market entry.
Financial investment is just the tip of the iceberg.
SmartWare.tech does not just ask for vanity metrics and numbers, but ensures the success of joining hardware oriented entrepreneurs, startups and innovation leaders by providing added value.
Our full-service offering includes production capacity, product development, business administration support, business development and marketing services.
Compared to other accelerators we provide technological, prototyping and manufacturing capacity in addition to professional consulting thanks to the professional experience and technical competence of our founding ventures.
Support for software and hardware prototypes development
Give portfolio companies access to venture partner companies’ machinery and the professional expertise.
Provide tools, devices and machines as well as office environments essential for prototype production.
Provide assistance in finding and procurement of required raw material for production
Support MVP (Minimal Viable Product) development, manufacturing modeling and production cost estimation
Provide full-stack software development support for each and every step of the prototype and product development process.
We offer training and apply lean/agile principles during product development, customer development, and market validation.
Business Model Building
We help in product conception, analyzing potential market niches, monitoring competitors, understanding market trends, and fine-tuning business models.
Support during pre-production phase
After releasing an MVP we help companies harmonize product concept with manufacturing constraints and locate additional production capacity.
Mass Market Entry
Mobilize domestic- and foreign-relations, guiding companies' enter-to-market strategy
Business Administration Support: founding, legal and IP consultancy, management consulting
Support companies to reach requirements of next financing round cycle: consulting and bringing network of angel investors, venture capitalists, foreign accelerators; help organizing crowdfunding campaigns; M&A relationships.
Who Are We Looking For?
We are looking for professionals, entrepreneurs, innovators and concept owners who seek to introduce production methods and business expertise accessible at one of SmartWare.tech's founding venture partners. This includes
mechatronics and automation projects,
products involving significant software development
projects using and producing goods of metal, wood, plastic, leather, textile, laminated or other innovative materials.
products that require laser cutting, milling, die cutting, creasing, punching, bending, chipping, moulding and injection moulding, extrusion, 3D printing and related manufacturing processes.
Our Business Model
SmartWare.tech is an equity accelerator aiming for a minority ownership in the potential portfolio company. We offer long-term partnership, mentoring, machinery, production capacity, lab environments, and talented engineers to our portfolio companies, thus combining the benefits of seed angel investments, incubators and accelerators.
Our International IoT & Hardware Incubation Conference's main goal is to develop local professional expertise, a Hardware Startup Ecosystem, and to help companies entering international markets.
A crucial aspect of building a local community is to introduce professionals to each other, as their collaboration serves as the basis of the ecosystem. For this we organize a series of meetups that cover the topics of IoT and Hardware accelerators.
A hackathon is an event that lasts 24-48 hours where teams of 2-6 can prototype ideas. These events offer participants a special opportunity for networking, generating startup ideas, and creating new teams.