CBS News featured the Intel Ignite accelerator program for early-stage deep tech startups and what sets it apart from other accelerator programs. It spotlighted Tzahi Weisfeld, the accelerator’s Vice President and General Manager, along with alumni startups like LightSolver and Granulate that are contributing to the tech ecosystem.
The deep tech accelerator program taps into Intel’s global network of mentors with diverse expertise. From software and hardware development to business strategy, the mentorship program led by experts (like Intel’s Shirly Zuckerman-Baruch featured in the segment) is a personalized experience tailored to the unique needs of each startup.
Intel Ignite startups gain industry insights and scalability through sessions on go-to-market strategies, how to recruit a strong team, how to approach investors, do fundraising, and more.
LightSolver, an Intel Ignite alumni, highlights the value of the accelerator’s mentorship in navigating the challenges of bringing their technology to market. As scientists working in a team that is dominated by other scientists, their main challenge was how to translate “geek speak” into a business language. The Intel Ignite accelerator provided them with the guidance they needed to bridge the gap between science and business and gain a better understanding of the market and how to present their technology.
As spotlighted in the film, Intel Ignite opens the door to opportunities such as joint ventures. Intel Ignite alumni, Granulate, for instance, has seen its technology become highly complementary to Intel’s own software solutions, and was subsequently acquired by Intel.
Through Intel Ignite, hundreds of startups have accelerated their growth, collectively raising more than $1.7 billion in funding (as of Q3 2023).
For a candid look into the value, mentorship, and forward-thinking approach that distinguishes Intel Ignite, watch the CBS News film here.