Frequently Asked Questions
Here, you’ll find answers to the most common questions about our programs, startup support, and innovation ecosystem. If you need further assistance, feel free to reach out to our team!
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We start our venture building program biannually, in February and October. But we are always on the lookout for new technologies.
Please feel free to email me your technology offer. We are always open to explore the potential for collaboration.
Our technology selection process generally spans two to three weeks. During this time, we collaborate with our Discovery Board members and Industry Partners to thoroughly analyze the market and the technology’s potential before providing feedback.
Our primary focus is on hardware-based deep technologies, and we always consider sustainability development goals in our selection process.
Throughout the year, we actively scout for promising technologies using a set of key criteria. Our evaluation process considers criteria such as the technology’s intellectual property status, its technology readiness level (TRL), and the existing or potential market demand for it.
Sure, new ideas/ technologies are always welcome. However, HighTechXL Tech team has their own assessment process regarding potential new ideas. If this is the case for you, we will facilitate a template for you to fill in and we will stablish contact with the Tech Team. They will review and assess your information and come back to you with a decision.
Please note that this process can take a couple of weeks.
You are more than welcome to bring your own co-founder into the program. If this is the case for you, we would like be introduced to facilitate a smooth onboarding process.
Every deal is tailored and depends on different aspects such as: Technical Readiness Level (TRL) of the technologies, support and involvement from the tech partners, royalty fees or others. However, the majority of the shares will go to cofounders and HighTechXL will also have a small amount of shares. An example can be, 70% of the shares for cofounders and 30% divided between HighTechXL and the tech partner.
This is usually occurs after Gate 2.
You can exit the program at any point, of course we would like to go through an exit interview to understand the reasons of your decision and to have feedback of your experience.
