WaiACCELERATE 2020 Graduation
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1st Runner Up - Nina Space by Ekaterina Stambolieva
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WaiACCELERATE is a novel business acceleration program by Women in AI. This initiative targets women innovators looking to start a business in the fields of AI, Machine Learning and Data Science.
With a focus on promoting ethical leadership and social impact, WaiACCELERATE is designed as a combination of various online modules and educational initiatives aimed at increasing the number of female-led innovative startups that use AI-related technology and are committed to the attainment of the Sustainable Development Goals 2030. In a span of 9 months, participants develop, nurture and grow their entrepreneurial dreams into competitive and profitable business ventures.
Since its inception in February 2020, the program became highly successful. Piloted for the Netherlands market at first, it attracted participants from across the globe. There were 25 actively enrolled women founders representing Australia, Austria, France, Malaysia, the Netherlands, Portugal, Sweden, the UK, and the US.
WaiCCELERATE 2021 is organized by 3 teams - Women in AI USA , Women in AI APAC , and Women in AI Europe.
Another strategic support to the founders during the development of their AI ideas and for the go-to-market preparation is enabled via the Mentorship track of WaiACCELERATE.
There is no other organization or Accelerator in the field that provides such a highly experienced and engaged cohort of mentors.
Head of Artificial Intelligence (Cora Lead Product Owner) at NatWest
Mariella de Koning
Partner at Varso Group & Member of the Rabobank Supervisory Group
Carly E. Howard, JD, LLM
VP Legal Operations at Fathym
Co-founder & President at Stanford Angels
Why more women in the startup domain?
The major development in technology is happening within the startup landscape where more small and medium scale businesses are springing up across the world at an increasing rate. Yet, the digital startup ecosystem is highly gender imbalanced where women are greatly under-represented among digital entrepreneurs.
According to the World Economic Forum’s & SAP’s 2020 report, in 2018 Europe had six women entrepreneurs (tech and non-tech) for every 10 men – the lowest ratio among the global regions. The disparity was even greater in tech – only 5% of Europe’s tech founders were female.
The history of data shows mostly men in a leadership seat. Whereas, the latest special report on women and entrepreneurship suggests that significant work remains to be done to encourage and support women entrepreneurs and their ability to build economic security for themselves, their families, their communities, and their countries.
Amplifying gloomy projections by the World Economic Forum that at this pace, it could take more than 200 years to close the gender gap globally. Additionally, if we don’t find a solution to improving the gender parity, in particular in the field of AI, the fully automated world of tomorrow will be highly biased causing a great threat to humanity’s existence.
And that is where WaiACCELERATE comes in. Women in AI’s intention and the idea behind WaiACCELERATE is to shift the status quo towards diversity and inclusion and remove biases from AI technology. That's why we work with the best of the best to improve the current gender state of entrepreneurship and remove the limiting factors for women to become more active in the ecosystem.
Meet the Speakers (2020)
Founder & Owner
Pitch Coach & Founder of Best 3 Minutes
Founder & CEO InspiredMinds! & World Summit AI
Managing Director Continental Europe at bsi
Via the partnership with the leading global Tech companies - AWS, IBM, and Oracle for Startups - WaiACCELERATE 2020 team has also provided the participants with so called “Tech Labs”, offering access to in-depth Tech workshops, on-demand Tech consultations and free Cloud credits.
All of which became highly beneficial to the founders during the prototyping phase and for building their data-centered MVPs.