Review on HAX by Jorge Hernández
promoting the hardware industry by supporting entrepreneurs
Promoting support for companies and entrepreneurs guarantees a large proportion of the growth of the industry in various sectors of application. This work is carried out by companies that serve as incubators for emerging projects. One of them is HAX.
HAX is part of the venture capital corporation SOSV.
HAX's work is to contribute to the optimal gestation of startups or companies in the development process to provide them with initial capital and advice in various areas, which contribute to the maximization of their qualities in terms of infrastructure, technology, sales and marketing strategy, design prototype, among others.
What does HAX do as a business promoter?
HAX uses an acceleration program for startups and developing companies that is implemented in 2 phases with a duration of 6 to 12 months. An initial phase known as an incubator service; where startups are provided with advice by a multidisciplinary team of mentors in the areas of design, marketing and engineering; in order to instill in you the tools for the launch and marketing of your merchandise. This phase takes place in China.
The second phase of the program is described as HAX Accelerator, and consists of developing marketing strategies for its products and raising financing funds, making its first sale and establishing commercial and market relationships. This phase requires a minimum of 100 meetings to be held in a 90-day period.
This second phase of the HAX program takes place at its headquarters in California.
HAX is a robust financial ecosystem that empowers both startups and companies that have not reached their full potential; allowing them to optimally develop the operation and marketing capabilities of their products.
Pros
- Promotes the development of solutions in the health sector, consumption and company performance
- Promotes the development of solutions to real world problems through technology
- Provides support to startups in different phases of their development
- It is part of the robust SOSV acceleration ecosystem
- Provides financial support and mentoring in various fields to its affiliates
Cons
- No disadvantages
