MITSUBISHI ELECTRIC OPEN INNOVATION CENTER
Mitsubishi Electric US, Inc.

Accelerator Program

From MVP to Market, Accelerate with Confidence and Clarity

Program Description & Focus Points

The MELIC Accelerator Program supports early-stage startups that are ready to transition from MVP to market. Our structured 6–12-month program helps you validate your business model, accelerate product development, and grow a scalable venture — all backed by the industrial expertise and global reach of Mitsubishi Electric.

We focus on three founder-centered phases:

Validate

Build your core team, establish infrastructure, and launch key MVP features

Automate

Refine operations, CI/CD, and customer engagement systems

Grow

Expand your product, optimize your GTM, and raise follow-on capital

We combine deep technical guidance with structured venture-building practices — giving founders the momentum to move faster, smarter, and more confidently toward scale.

Program Benefits

What selected student teams gain during the program

  • Up to $1M in funding per selected startup
  • Dedicated mentorship from Mitsubishi Electric experts and startup operators
  • Access to technical infrastructure and workspace support
  • Opportunities for proof-of-concept and co-development with business units
  • Go-to-market, financial, and customer acquisition support
  • Exposure to investors and a final demo showcase
Student team working together

Focus Areas

We accelerate startups in sectors aligned with Mitsubishi Electric’s strategic vision, including:

Mobility

Digital Transformation

Infrastructure

Sustainability

Supply Chain

Logistics

Eligibility Criteria

To be considered for the MELIC Accelerator Program, applicants must:

  • Be a company incorporated in the United States
  • Have been incorporated no more than 6 years
  • Strong founding team with relevant expertise
  • Working prototype or MVP in place
  • Clear market validation or initial traction
  • Alignment with MELIC's focus areas
  • Commitment to full participation throughout the program

Program Timeline

12-month Accelerator Program tailored specifically for scaling startups.

Timeline

Month 1Month 2Month 3Month 4Month 5Month 6
Validate
Automate
Grow

Validate

2 Months

Team setup, environment setup, MVP foundation, business KPIs established

Automate

5 Months

Build product, automate testing, develop customer pipeline, CI/CD integration

Grow

4 Months

Refine product, expand sales, track CAC/LTV, full leadership team in place

What We're Look For

At MELIC, we evaluate every submission using a structured innovation framework to ensure strong alignment with both market potential and our strategic goals. Understanding what we value will help you better prepare your application — and increase your chances of progressing through our programs. Startups that meet these benchmarks will be better positioned for acceptance into our program and long-term success.

We assess early-stage ventures across seven dimensions:

Desirability

Is there a clear and validated customer pain point? Does the market truly need this?

Feasibility

Can the solution be built with current tech? Are the technical risks manageable?

Viability

Is the business model sound? Are there scalable revenue opportunities?

Suitability

Is the solution aligned with Mitsubishi Electric's strategic focus and capabilities?

Capability

Can the team deliver? Do they have the right mix of skills, passion, and mindset?

Protectability

Is there a defensible advantage? IP, trade secrets, or switching cost for competitors?

Overall Fit

Does this opportunity make strategic and operational sense within our venture portfolio?