ABOUTActCelerate is a collaborative growth accelerator program from <a href="https://www.mcash.id/" target="_blank" style="">MCash</a> and <a href="https://www.sicepat.com/" target="_blank">SiCepat</a> that focuses on early to mid-stage startups with ready-to-scale revenue. With a full intensive 2 months acceleration program, ActCelerate works on everything; from bringing full-stack business modules, to partnering with top-tier mentors in the industry that will help all the founders to identify, solve, and boost their business challenges. ActCelerate is also working to help startups unlock their potential in this vast and dynamic industry. WHO CAN JOIN ActCelerateActCelerate look for startups that have launched a product and demonstrated their early traction <span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Requirements:<ul><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt; margin-left: 50px;">Product launched less than 12 months
<span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"></li><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt; margin-left: 50px;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Annual revenue less than IDR 200 mio</li><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt; margin-left: 50px;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Already have founding team who specifically handled marketing, business development, and products (technology)</li></ul>CATEGORYThere is no category in this competition, all startups as long as they meet the requirements mentioned above can join. TERMS &amp; CONDITIONS<span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">ActCelerate is open for everyone who meets this minimum requirement:<ol><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Indonesian citizen who resides in Indonesia’s administrative territory</li><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Registrant must be minimum 18 years old</li><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Valid official ID card (KTP/SIM/Kartu Mahasiswa/Paspor) is required</li><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Startup(s) must have legal entities (legal documents that shows PT or CV may require)</li><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Already operated within minimum in the last 6 months</li><li style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"><span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">At least have 2 (two) full-time employee</li></ol> <span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">nb: <span style="font-size:11pt;font-family:Arial;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">ActCelerate will not accept applications from anyone who legally associates with MCash, SiCepat, and DailySocial.id, including the third-party institution that is participating in this program.WHY YOU SHOULD JOIN ActCelerate
ActCelerate offers more opportunities to prove your innovations to the world of tech-business in Indonesia. Meanwhile, special rewards are also prepared with details as follows:
1st Winner &nbsp; 	: IDR 50.000.000
2nd Winner&nbsp; 	: IDR 30.000.000
3rd Winner&nbsp; 	: IDR 20.000.000

Furthermore, participants will have benefit to:<ul><li style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;">Boost a chance of getting funding</li><li style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;">Expand your business networks with partners and investors</li><li style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;">Get an opportunity to collaborate and synergize with MCash and SiCepat to accelerate your business</li><li style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;">Improve your business knowledge from our expertise that prior in the startup industry</li><li style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;">Selected startup will get facilities of WhatsApp Busines API credit up to IDR 15.000.000 by Damcorp and Public Cloud hosting IDR 15.000.000 supported by Indonesian Cloud </li></ul>JOURNEY OF ActCelerate PROGRAMJuly 27 – August 18, 2021 – Registration openAugust 18, 2021 - Registration closeAugust 24 – October 15, 2021 – MCash Accelerator Program, Coaching &amp; Mentoring SessionsOctober 25, 2021 – Top 10 announcementOctober 29, 2021 - Demo Day

How long will the ActCelerate program last? The program will last for 2 months from August 24th – October 15th, 2021 and end with demo day.

How can I learn in this program? The learning process can be done through the materials we provide in the “Materials” menu. This material can be in the form of videos, articles and PDF files that can be downloaded and studied by participants.

Can I share the material files I got from ActCelerate? We believe that knowledge should be shared, so feel free to share the materials available on the platform for free.

What MANDATORY activities that participants must do during the ActCelerate program? Beside the material provided on the platform, participants are required to do a weekly report.
<ul><li>First, tasks that will be submitted to the platform every week through the “Tasklist” feature where the matrices are already determined.</li><li>Second, progress that will be submitted every week through the “Progress Tracking” feature where participants will share the learning points obtained during the webinar session and afterwards what can be done to improve the development process of an idea / solution or product / service in your startup.</li><li>Taking part in a webinar session is a must.</li><li>One-on-one session after the webinar for 7 chosen startups in every session.</li></ul>

What happens if I can not perform a task or not follow the weekly webinar sessions mentor?
Participants who do not submit weekly reports and do not attend weekly webinar sessions will be considered absent and this will affect the performance assessment and your point rewards in the platform.

This program does not seem suitable for me, can I resign in the middle of the program?
No, you can’t. Participants who have agreed to join the program MUST participate 100% and complete the program until it’s finished.

What benefits will I get from this ActCelerate program?&nbsp;<ul><li>Boost a chance of getting funding</li><li>Expand your business networks with partners and investors</li><li>Get an opportunity to collaborate and synergize with MCash and SiCepat to accelerate your business</li><li>Improve your business knowledge from our expertise that prior in the startup industry</li><li>Get a chance to win a total prize of IDR 100.000.000</li><li>Selected startup will get facilities of WhatsApp Busines API credit up to IDR 15.000.000 by Damcorp and Public Cloud hosting IDR 15.000.000 supported by Indonesian Cloud </li></ul>

How do we choose startups that can join the ActCelerate program?We select startups that can join this program using the following criteria:<ul><li>Those already launching their startup but having difficulties gaining traction, business model and marketing.</li><li>Requirements:<ul><li>Product launched less that 12 months</li><li>Annual revenue less than Rp. 200jt</li><li style="">Already have founding team who specifically handled marketing, business development, and products (technology)</li></ul></li></ul>

My cofounder and I don’t live in the same city? Can we still join this program?
Of course you can. This program will be 100% done online using our technology platform, so don’t let this stop you.

How’s the journey of this program?
<ul><li>July 27 – August 18, 2021 – Registration open
</li><li>August 18, 2021 - Registration close
</li><li>August 24 – October 15, 2021 – MCash Accelerator Program, Coaching &amp; Mentoring Sessions
</li><li>October 25, 2021 – Top 10 announcement
</li><li>October 29, 2021 - Demo Day</li></ul>

When will the registration close?
The registration will close on August 18th 2021, timeline details can be checked on the landing page.

Contact Support?
If you have any concerns and questions, do not hesitate to email us at event@dailysocial.id

ActCelerate is a collaborative growth accelerator program from MCash and SiCepat that focuses on early to mid-stage startups with ready-to-scale revenue. You will join a full intensive 8 weeks acceleration program, that will work on everything; from bringing full-stack business modules, to partnering with top-tier mentors in the industry that will help all the founders to identify, solve, and boost their business challenges.