Discover the different
steps of our program
BoortmaltX believes in a future where fermentation, malting and related technologies replace chemicals and animal proteins, providing natural food & cosmetic solutions that benefit the environment and consumers
Pilot stage
From Concept
to Reality
During the pilot phase we guide you from an early stage idea to your first product demo.
Discover the key milestonesup to
50K
Convertibles
50K
Convertibles
for
6%
equity
6%
equity
6 to 9 months
Innovation
Validation
Prototype
Beta launch phase
Ensuring
Product-Market Fit
You have a product demo, great. In the Launch phase we prepare a go-to-market strategy, deep dive into financial scenarios, refine your product and get ready to close our first sales.
Discover the key milestonesup to
250K
Convertibles
250K
Convertibles
equity based on
future
validation
future
validation
6 to 9 months
Market
Desirability
Business case
Scale phase
Your Path to Sustainable Growth
After successfully completing the beta launch phase, you will have the opportunity to present your pitch to both the Boortmalt management team and a selected panel of Food tech venture capitalists. If selected, you could secure additional capital exceeding EUR 1.5 million.
up to
1.5M
equity based
1.5M
equity based
equity based on
future
validation
future
validation
12 to 16 months
Growth
Sustainability
Profitability
Key Milestones
January, 2024
Program intake
The purpose of this session is to ensure alignment on expectations, familiarize you with Boortmalt, introduce your support team, and foster connections with other participating startups.
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February, 2024
Technology readiness level sprint
Based on the product intake deep dive on your product concept and technology readiness level (TLR) in order to determine the key assumption of your project and design and plan the experiment game-plan for the coming week.
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March until July 2024
Lab use & weekly check-ins
Recurrent use of Labs to improve the TRL of your product and validate key assumption and weekly syncs with mentors to keep project focus and sync
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Product & business intake
Thoroughly analyze your product and customize the support provided by Boortmalt, including access to labs and facilities, to meet your specific needs.
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January, 2024
Customer & market insight sprint
Based on the business intake we deep dive into your market, customer segment and competitors.
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February, 2024
Final pitch
Sum up & structure key finding of the pilot phase and get ready to pitch for a Eur 250k investment
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August, 2024
Program intake
The purpose of this session is to ensure alignment on expectations, familiarize you with Boortmalt, introduce your support team, and foster connections with other participating startups.
View details
January, 2024
Product & business intake
Thoroughly analyze your product and customize the support provided by Boortmalt, including access to labs and facilities, to meet your specific needs.
View details
January, 2024
Technology readiness level sprint
Based on the product intake deep dive on your product concept and technology readiness level (TLR) in order to determine the key assumption of your project and design and plan the experiment game-plan for the coming week.
View details
February, 2024
Customer & market insight sprint
Based on the business intake we deep dive into your market, customer segment and competitors.
View details
February, 2024
Lab use & weekly check-ins
Recurrent use of Labs to improve the TRL of your product and validate key assumption and weekly syncs with mentors to keep project focus and sync
View details
March until July 2024
Final pitch
Sum up & structure key finding of the pilot phase and get ready to pitch for a Eur 250k investment
View details
August, 2024
September, 2024
Beta launch program kick-off
Align all participants on the program, scope and signing the term sheet with the startup
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October 2024 until February 2025
Product launch sprint
Work beyond product demo to be client ready. Work with Boortmalt experts to check health regulation, taste and experiment with different production processes to ready at scale
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March, 2025
Product roadmap freeze
Consolidate experiment results and production process exploration into a clear and structured product map able to inform your scale phase
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Business model sprint
Deep dive into your products key business assumptions, target audience and financial plan
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All of September, 2024
Go-to-market sprint
Determine best performance target audience, determine product positioning, first customer acquisition costs and go to market channels
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November, 2025
Product roadmap freeze
Consolidate product and business learning to look for investors and raise 1.5M+ f
View details
March, 2025
We may have already
answered some questions
What are key dates?
What is expert support?
What is business support?
What are the conditions for receiving funding?
Where does the program take place?
Are there any specific requirements for my statup?
What is a convertible note?
Are there limits to how I can spend the EUR 50K?
Does the company need to be incorporated?
Do I have to be full-time on the project?
What are key dates?
What is product market fit?
What is expert support?
What is business support?
What are the conditions for receiving funding?
Am I assured the EUR 250k if I take part in the pilot program?
Do I have to pass though the pilot program in order to apply for the launch program?
Do I need to be in Antwerp?
Are there any specific requirements for my startup?
Does Boortmalt sponsor visas to move to Belgium?
Are there limits to how I can spend the EUR 250K?
What is a convertible note?
Meet our mentors
Irina Bolat
Boortmalt Group innovation manager
PHD in Industrial Biotechnology
PHD in Industrial Biotechnology
Christian De Catelle
Venture builder with 4+ years of experience
Two-time start-up founder with corporate venturing expertise: finding synergies between corporates and start-ups for 5 years; making sure all stakeholders are collaborating in the best possible way
Olivier De Borger
Marketing specialist with 3+ years of experience
Seasoned growth marketeer, passionately helping ventures become renowned brands in their markets. Supported the growth of multiple (sustainable) startups and is currently the Head of Marketing for an Innovation and Entrepreneurship conference in Belgium.
