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Elev X! / NEC X
Elev X! Ignite Accelerator Batch 16
Amount
Up to $250,000
Deadline
Rolling
Odds
~30 in Phase 1
Effort
1 to 3 hrs
Can you get this?
✓Idea-stage to seed-ready AI founders welcome
✓Focus on enterprise AI and deep tech verticals
✓Up to $250K investment available
✓Program runs 9–12 months in phases
Your real odds
The program starts with 30 startups in Phase 1 and cuts the cohort at each stage across 12 months, so most founders who enter will not reach the full investment.
Batch 16 was accepting applications as of May 2026. Advancement depends on demonstrating progress at each phase, and the funnel structure is the mechanic that determines who reaches the final terms.
What it takes
Apply on the program website1 to 3 hrs
Complete 4-week online Business Model Design sprint4 weeks
Advance through cohort reviews to reach full program12 months
Worth knowing
The investment is structured as a SAFE with equity up to 11%, and follow-on capital through NEC's CVC is available if you perform well, so the relationship with NEC can extend well past the accelerator itself.
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