Accelerator Programme
At Fairbanks Morse, we’re seeking innovative startups and small businesses with groundbreaking ideas in defence technology. If you’re developing disruptive solutions that can transform how we protect our country, the Accelerator Programme is your opportunity to grow and make a lasting impact in the industry.
Driving Innovation Forward
Are you a startup or small business with cutting-edge defence technology? The Accelerator Programme offers expert guidance, industry connections, and resources to help bring your innovation to market. Gain access to top mentors, investors, and a network of defence innovators.
A Tailored Approach to Innovation
Unlike other accelerator programmes, we do not have fixed programme durations, nor do we have fixed funding amounts. We understand each product has different timelines and resource requirements, and we work closely with our participants to determine what they need to succeed.
FMD offers a variety of resources to technology collaborators to support each participant’s development needs including:
Hands-On Support
FM Defense Accelerator participants gain access to FMD experts, investors, and industry leaders while receiving hands-on guidance in product development, fundraising, and customer acquisition.
The programme culminates in a pitch to investors and industry experts, plus valuable networking with collaborators, customers, and partners.
Eligibility Criteria
The Accelerator Programme is designed for startups developing cutting-edge technology for the marine and naval industries in areas including, but not limited to:
- Defence & Technology
- Maritime Technology
- Marine Autonomous and Unmanned Technology
- System Efficiency Software, Technology
- Augmented and Mixed Reality Tools & Software
Program Requirements
To be considered, applicants must meet the following criteria:
- Background or experience in marine technology or related field
- Innovative idea that is related to marine technology
- A team or co-founders to work on the startup or business idea
- Must be a business or a single-person entity operating under their legal name. Where required by law, the entrepreneur must hold a valid business license
- Willingness to commit to programme’s rules and code of conduct
Join the Future of Defence Innovation
Ready to take your defence startup to the next level? Apply now to join the FM Defense Accelerator and bepart of the next generation of defence innovators!
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About the Accelerator Programme
As a principal supplier of best-in-class maritime defence technology, FMD is well-positioned to recognize and foster pioneering solutions that have the potential to solve challenges faced by the industry. This program will help us identify and apply emerging technologies with mission-critical applications to the maritime defence market.
The Accelerator Programme is aimed at technology companies developing products or services with maritime defence applications. It has a flexible structure that can be adapted to suit the specific needs and timelines of the start-ups and projects it supports.
If interested, please apply using the accelerator application. Once you submit your application, the FMD team will review the application and reach out to let you know if you application was approved.
Each company’s programme length will differ depending on its development needs. A programme can last as few as three months and as long as several years.
Accelerator Programme Eligibility
The Accelerator Programme is open to eligible entrepreneurs and technology companies with a great idea, product or application, and an appetite to work with us and benefit from our expertise and relationship with all navies
Applicants don’t need to have prior maritime defence industry experience. In fact, one of the benefits of the Accelerator Programme is that we will leverage our relationships with navies and others to introduce your technology to these key target audiences when it reaches a predetermined stage of development.
We want to develop hardware and software technology to support marine autonomous and unmanned programmes, system efficiency software and technology, and augmented and mixed reality collaboration tools and software.
While applicants should have a thorough business plan, their level of business experience will be judged individually. If the innovation is likely to scale in size and scope, funding, or a process to secure it, should be in place.
Accelerator Programme Application Process
If you’re ready to take your defence startup or small business to the next level, apply now for our Accelerator Programme. We’re looking for the next generation of defence innovators and we want you to be a part of it.
Submit an application
Applications for the Accelerator Programme are accepted year-round. Acceptance into the programme will be determined by the type of technology you are developing and the availability of resources that we can dedicate to your specific needs.
The review process varies depending on amount of applicants received.
An FMD representative will notify you once your application has been reviewed and if you were selected for the programme.
There is not a predetermined number of companies that may participate in the Accelerator Programme. The number will fluctuate based on the availability of resources.
Once a submission has been accepted, FMD will source the right team member from within our Technology Center of Excellence to work with the company and initiate a face-to-face strategy meeting to establish goals, needs and processes. This will be followed by regular interactions with your FMD team member. Technology updates or assessments, usually every quarter, will be conducted to determine progress.
Accelerator Programme Resources and Opportunities
Each programme is customised to meet your specific needs. All programmes will have an assigned team member from our Technology Center of Excellence. Additional resources may include access to FMD technical experts and our worldwide services network, brand exposure opportunities and marketing support and route to market advice and support.
FMD may provide brand exposure opportunities and marketing support. Additionally, we will provide route to market. The specific types of exposure and support will be determined individually.
Presuming that involvement with the Accelerator Programme is enabling the company to meet its objectives, you may be invited to participate in our Technology Innovation Day or related trade shows and industry events. This provides an opportunity to introduce and demonstrate technology among target customers, including Navy representatives. As appropriate, the technology may also be demonstrated in the FMD booth at trade shows and industry events.
Investing in participating companies or technologies is not part of the Accelerator Programme. This programme is designed to provide teaming opportunities and exposure to target audiences.
Accelerator Programme Participation and Obligations
All participants are required by the FM Defense Accelerator Charter and Code of Conduct. These documents will be shared with you once your application has been approved. Beyond that, any obligations will be mutually determined in the scope of your FM Defense Accelerator contract.
There is no cost to participate in the Accelerator Programme.
No, working from an FMD location is not required to participate in the Accelerator Programme. FMD may provide you with space as needed and as available.
The time required for this programme will be determined on a case-by-case basis. You will be required to participate in regular check-ins with your FMD team member and abide by any requirements outlined in your programme contract. Beyond that, you will take away from the programme as much as you put into it.
FMD will provide advice and support for your route to market. Beyond that, FMD’s involvement with your technology after completing the Accelerator Programme will be determined individually.
Additional Questions?
You can send an email to FM.Marketing@FMDefense.com