Do I have to pay to participate in the program?
No, participating in Xpand is completely free for all selected participants. Our goal is to provide support and resources at no cost to foster business growth.

Is Xpand’s investment mandatory?
No, the investment is not mandatory. There is a separate application process to access the investment, during which we evaluate key aspects of the business and the proposed use of funds. This proposal is presented to our investment committee, which decides who will receive the investment based on established criteria.

Is the program a competition?
No, Xpand is not a competition. Instead of competing among participants, our approach focuses on collaboration and supporting each company to reach its full potential. All participants benefit from a shared learning environment and resources tailored to their specific needs.

Can I participate in Xpand and another parallel18 program at the same time?

No, our programs are designed to serve companies at different stages of development. An early-stage company cannot simultaneously be in an advanced growth stage program. Each program is tailored to the specific needs of different business stages.

What is the expected time commitment from companies? How is commitment to the program and business progress measured?

The program includes 5 weeks of business training focused on strategy, operations, and finance. The average time commitment is 2 hours per week, not including the individual mentoring hours that companies may sign up for. It’s important to note that these hours are announced in advance to ensure maximum participation. Afterward, we offer a period of technical assistance.