“Today, many blockchain projects are not only struggling to raise capital but are often bogged down by challenges beyond their core competencies and mission, such as navigating complex regulatory hurdles. In addition, many projects are often too tech-heavy and miss the important strategy, business, marketing, and financial acumen. Our team of experienced blockchain entrepreneurs and practitioners now offer specialist expertise to assist start-ups and enterprises to develop successful blockchain-powered businesses and raise capital through STOs, traditional VC rounds, and private equity placement”, said Stefan Deiss, Founder and CEO of Blockchain Propulsion in a statement.
Projects selected for the program receive subject matter expertise on strategy, business model design, tokenomics, technology, legal and regulatory, marketing, security, asset tokenization, and fundraising, including affordable workspaces in all Propulsion Hubs. To deliver this true end-to-end service offering, Blockchain Propulsion has established strategic partnerships with leading specialist firms, including Espeo Blockchain, ChainSecurity, blockimmo, STX.SWISS, C2LAW, and The Relevance House.
To qualify for the program, projects are required to meet high standards across a variety of criteria, including business idea; high disintermediation; network effects; team and talent; environmental, social and governance (ESG) impact; initial funding; legal and risk assessment. Projects already onboarded in the global accelerator program include 88 InsurTech, OriginalMy, and Polo Multimodal Pecém – The Smart Chain City.
The new accelerator program is led by a group of blockchain entrepreneurs who understand the challenges that enterprises confront in adopting blockchain technology, that start-ups encounter when boot-strapping on their ventures, and that investors face when seeking to enter the blockchain space. The accelerator program is backed by Switzerland Global Enterprise (S-GE), Canton of Zug, Canton of Uri, Greater Zurich Area (GZA), swissnex India, and the Crypto Valley Association (CVA).
For more information, aspiring start-ups and enterprises can visit www.bpropulsion.com