• January 23, 2022
 Bridge Accelerator’s fourth cohort registration open for Binational Supplier Development Program

Photo courtesy Bridge Accelerator

Bridge Accelerator’s fourth cohort registration open for Binational Supplier Development Program

Businesses looking to become part of the international industrial supply chain and compete for up to $10,000 in seed funding can now apply to the Bridge Accelerator‘s fourth cohort for their Binational Supplier Development Program.

The Bridge Accelerator – Binational Supplier Development Program is looking for large and small companies with at least two years of commercial operation in the Paso del Norte binational region that wish to generate or increase their business history with large manufacturing companies.

“The Paso del Norte Borderplex region is growing, and The Bridge Accelerator can help your business expand along with it,” organizers share. “According to data from SIDE and COPARMEX, only two percent of suppliers from the region are part of this $39 billion manufacturing supply chain.”

Officials say that participants will gain an understanding of the unique requirements of the manufacturing industry and bi-national business culture; be able to identify different types of innovation and how it applies to the supply chain; gain an understanding of models of intellectual property protection; be able to articulate a value proposition and define competitive advantages and new go-to market strategies; and develop financial models and identify types and sources of funding.

Now in its third year, The Bridge Accelerator offers two cohorts per year. Applications for the Fall 2021 cohort are currently open through August 21, 2021. The program begins August 31, 2021.

At the end of the Fall 2021 cohort, participating companies will compete for up to $10,000 in seed funding during Demo Day.

Applications are open to all companies with operations in the Paso del Norte Region, including El Paso, Juárez, Chihuahua City and Southern New Mexico, which have been incorporated in Mexico and/or the U.S. for at least two years, have a track record of doing business with large manufacturing companies or maquiladoras and can commit to involve up to three members of its executive staff in this exciting opportunity.

Selected companies will participate in the Bridge Accelerator for 12 weeks, beginning August 31, 2021. Most sessions are held weekly on Tuesdays, Wednesdays and Fridays.

Organizers share that the program will be delivered virtually, with Fall Demo Day expected to be held in-person. Each module includes the participation of innovative global and local leaders and experts who will share their perspectives and insights over the course of the accelerator program.

“If your company is looking for new and innovative ways to become part of the international industrial supply chain, The Bridge Accelerator is a highly specialized program that can help generate business connections and prepare your company to expand its participation as suppliers to large industrial corporations, all while competing for up to $10,000 in investment capital,” officials added.

Themes and topics include:

  • Innovation Fundamentals and Tech Trends
  • Customer Discovery and Value Proposition Design
  • Marketing Strategy (Pitch Deck and Media Kit Preparation)
  • Project Management Agile-Scrum
  • Quality Systems and Compliance
  • Sales and Financial Strategy
  • Intellectual Protection and Alliances
  • Capital Investment Fundamentals
  • Business Model Innovation

The Bridge Accelerator program was created in 2019 by Technology Hub (Juarez) and Pioneers 21 (El Paso) with major support from Microsoft TechSpark, Transtelco, Tecma and the Secretary of Innovation and Economic Development of the State of Chihuahua (SIDE) through Fundación Axcel.

Thanks to the support of the program’s sponsors, the cost of The Bridge Accelerator has been subsidized by more than 80 percent and participating companies must only pay a $2,500 fee for the entire program, which includes workshops, lectures, networking events, working groups and panels.

Apply online tb-xl.com

For more information, contact Mariana Ramirez at mariana.ramirez@t-hub.mx; or Laura P. Butler at lpbut1ler@pioneers21.org or 915-321-3121.

For our previous coverage of the Bridge Accelerator, click here.

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