FAQ

ElevateX is a platform that helps student entrepreneurs transform their ideas into real businesses by providing mentorship, strategic consulting and connections to investors or companies interested in acquiring innovative projects. We assist with business development, funding opportunities and matchmaking with potential buyers or partners.

Students or recent graduates with a structured business idea, a working prototype (physical or digital), a clear market opportunity and the willingness to develop their idea into a viable business can apply. We accept projects from all industries, including technology, sustainability, education and finance.

Applicants must submit a business plan, financial plan, working prototype details, website (if available), a description of their idea, market research, a development plan, a competitor analysis and a list of potential partners. All documents must be uploaded in their designated sections in PDF or Word format, correctly named (e.g., YourCompanyName_BusinessPlan.pdf), or the application may be delayed or rejected.

Visit the ElevateX website, go to the registration page, complete the application form, upload the required documents in their designated sections and submit. Once submitted, you will receive an email confirmation and our team will review your application.

Your application will be reviewed within 7-14 business days. If approved, you will receive an email with next steps, including setting up a profile on our platform and scheduling an online interview with a business consultant to discuss your idea in detail.

You will either receive a business evaluation with feedback and recommendations or be selected for a full partnership where we provide support in finding investors, refining your strategy and negotiating potential deals.

No, but we connect you with investors, venture capitalists and companies looking to fund or acquire innovative ideas. We also help you prepare investment pitches and guide you through the funding process.

Yes, you retain full ownership unless you choose to sell it, enter a partnership, or negotiate an acquisition. All agreements are transparent and we ensure your interests are protected.

No, applying is free. However, advanced services like legal consulting, premium mentorship, or customized matchmaking may have additional costs, which will be communicated upfront.

We analyze your business and connect you with investors, companies, mentors, or accelerators that align with your goals, helping you find funding, business partners, or buyers for your idea.

If a company or investor is interested in your idea, we assist with defining fair terms, preparing legal agreements and facilitating discussions to ensure you get the best possible deal while protecting your intellectual property.

We help finalize the deal with legal support, financial guidance and post-deal consulting to ensure a smooth transition and a successful business handover.

Yes, ElevateX offers mentorship programs where industry experts provide guidance, business strategy support and insights to help you refine and scale your idea.

You can track your status through your ElevateX profile, where you’ll receive updates on your progress, consultant feedback and the next steps.

No, but if major updates are needed, you can resubmit a new application with the latest documents and information.

You can contact us via email (elevatex.company@gmail.com), phone (+359 98 820 0635), or through the messaging system on the ElevateX platform for approved applicants.