The Start up Factory









The cleantech incubator is already underway: the brand new cleantech incubator – located at the Bluebox building in Plan-les-Ouates – is on schedule in the deployment of the technical infrastructure designed to serve 100 work spaces for new cleantech companies. Fongit has an instrumental role in the development of this business incubator fully dedicated to Cleantech. Fongit is partnering with Geneva’s departments for Trade and Industry, scheduled to be operational in the first quarter of 2012.
Criteria considered by the selection advisory committee in evaluating the businesses include the perceived viability of the venture, like the uniqueness of the product and/or service being offered and the market size being addressed, and the strength and composition of by the management and its demonstrated commitment to launching the business. Overall, the screening process takes about 8-10 weeks. Apply here.
Fongit is always looking for innovative and disruptive technologies and business models for the Cleantech, ICT, Medtech, Mechatronics, and Life Sciences Industries. A prototype must exist and the time-to-market must be less than 24 months. An experienced, balanced and fully committed team is a must. An executive summary, and eventually a full business plan, are required to apply to the program.
Our startup accelerator serves to assist aspiring or seasoned entrepreneurs to further explore commercialization opportunities, develop fully operational business plans and working prototypes necessary to secure seed funding, angel investing or venture capital. Fongit Seed Invest (FSI) can provide seed capital to startups hosted at Fongit. FSI mostly invests in ventures having a potential market above CHF 100 million, and with projected revenue of at least CHF 5 million, within 5 years.
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