Information

Lotte Accelerator is a corporate accelerator of Lotte Group, focused on investing in seed stage startups. As a part of the Lotte Group, Lotte Accelerator offers a wide range of benefits to entrepreneurs including access to Lotte Group's vast network and resources, mentorship from experienced industry professionals, and potential collaboration opportunities with various Lotte Group companies. The accelerator aims to foster innovation and growth by providing early-stage startups with the necessary support to scale their businesses. Entrepreneurs can expect valuable guidance, strategic partnerships, and potential market expansion opportunities.

How to Apply

To apply for Lotte Accelerator, interested startups should prepare a detailed business plan and pitch deck that highlights their unique value proposition, market potential, and growth strategy. Applicants can submit their materials via email at [email protected]. It is advisable to follow up with the accelerator's team to ensure that your application has been received and to express your enthusiasm for the program. Additionally, keeping an eye on Lotte Accelerator's website and LinkedIn page for any application deadlines or announcements is recommended.

Total number of startups invested: 26

Average Funding: The specific average funding round amount is not disclosed. However, as a seed stage investor, funding rounds typically range from $50,000 to $500,000 depending on the startup's potential and requirements.

Industry: Lotte Accelerator does not specify a particular industry focus, indicating that they are open to innovative startups across various sectors.

Market: Lotte Accelerator primarily operates in South Korea, but they may consider startups from other countries if there is a strategic fit with the Lotte Group's business interests.