Application Form – NXT Activate

Company name*

Company website (if available)

Describe what your company does in 50 characters or less*

When was the company founded?*

Headquarters location (city)*

Headquarters location (country)*

Primary contact name*

Primary contact title*

Primary contact email*

Is your company legally incorporated?*

Yes

No

Where is your company incorporated (state/province/country)?

The program is expected to run September 2026 through February 2027 and involves building your product and participating in virtual workshops. Do you have in-house technical capacity to build and ship product over the next 3-4 months?*

Yes

No

Note: You may not be qualified.

All finalists selected into the program will be expected to attend an in-person kickoff meeting scheduled for week of September 14 in London. Please confirm your availability for the in-person kickoff.

Yes

No

Note: You may not be qualified.

NXT Activate is geared toward early-stage startups. Accordingly we fund exclusively via SAFE note. Can your business receive funding via a SAFE note? (SAFE note terms)*

Yes

No

Note: You may not be qualified.

How much money in USD have you raised from investors to-date?*

How much equity is held by the founders? (%)*

Are any of the founders covered by non-competes or intellectual property agreements that could overlap with your project? If so, please explain.

Is there anything else from a legal standpoint we should know about your company (e.g. pending lawsuits, co-founders who have exited the business, etc.)?

In one sentence, what problem are you solving and for whom?*

Why is this problem important to solve now?*

Describe your product or solution at a high level - what does it do?*

How does your solution leverage openness & interoperability to address our industry's challenges of breaking down data silos and/or unlocking more efficient workflows across the asset lifecycle?*

Is there a hardware component to the solution? If so, are you developing it or are you interoperating with 3rd party hardware?*

Is there a services component (e.g. data collection) required for the solution to work? If so, what services are required and who is providing them?*

Who is the primary customer or end user?*

Which industry segment(s) are you targeting?*

buildings/facilities

communications

energy

mining

transportation

water/wastewater

other - please describe

Other:

Which geographies are you targeting?*

Africa

ANZ

East Asia

Europe

India

Latin America

Middle East

North America

SE Asia

What stages of the asset lifecycle do you support?*

planning

design

construction

operations & maintenance

Briefly describe the founders' relevant experience (technical, industry, startup)*

Why is your solution a must-have vs. a nice-to-have?*

What makes your approach meaningfully different from existing alternatives?*

How do your customers measure quantifiable value?*

Who do you see as your main competitors (or substitutes)?*

Summarize your competitive moat. What makes it difficult for others (competitors or end users developing their own solutions with AI) to replicate your unique capabilities? Do you hold any patents?*

Do you own all the IP to your solution? If not, please explain*

Have you released an MVP?*

Yes

No

How many paying customers do you have?*

2025 software ARR in USD*

2025 hardware revenue in USD

2025 services revenue in USD

2026 projected software ARR in USD*

2026 projected hardware revenue in USD

2026 projected services revenue in USD

What would you aim to build, test, or prove during the NXT Activate program?*

What is the target use case?*

Briefly describe your proposed GTM for your new product*

What concrete outcome would define success by the end of the program?*

Why are you applying to NXT Activate specifically?*

What do you hope to gain beyond funding from the founding members / sponsors? (e.g., partners, validation, GTM, expertise)*

How open is your product to fit open and/or vendor ecosystems (e.g., interoperability, integrations, customer choice, or collaboration with other platforms and partners)?*

What is your prior experience with NXT Activate founding member platforms / products, if any?

Please share any thoughts you have on how your project would leverage or connect to NXT Activate founding member platforms or products. **Note: building with founding member tech is not a requirement for being accepted into NXT Activate.

We encourage you to share a pitch deck or other materials you’d like us to review (demo, video, repo, etc.)

Upload a file No file chosen

URL

Confidentiality, Privacy, and Data Sharing

To apply for or participate in the NXT Activate Accelerator Programme ("Programme"), you will be asked to provide certain personal and business information, which may include contact details, professional background, application materials, company information, pitch materials, and Programme participation records. This information is used to evaluate applications, select participants, deliver Programme services, facilitate mentoring, assess potential investment opportunities, and administer the Programme.

Artificial intelligence tools may be used to support the evaluation and administration of applications, including for initial screening, summarisation, or shortlisting. No application is rejected on the basis of automated processing alone; a member of the Programme's human selection committee reviews all applications, including those flagged by AI tools, before any selection decision is made.

The Programme is delivered by NXTDEV Advisors Ltd. and Bentley Systems, Incorporated (each acting as an independent data controller), together with authorised Programme sponsors, funders, mentors, judges, investors, and selection committee members (collectively, "Programme Partners"). Your information may be shared with Programme Partners where necessary for participant evaluation, mentoring, Programme administration, reporting, networking, and investment consideration. Where pitch materials or other commercially sensitive business information are shared with investors for the purpose of evaluating potential investment, such sharing is limited to what is reasonably necessary for that purpose. Certain third parties may also process information on our behalf as service providers, acting solely on instructions and subject to appropriate data protection agreements.

All personal data is handled confidentially and processed in accordance with applicable data protection and privacy laws. Access is limited to individuals with a legitimate need to know in connection with the Programme, and all such individuals are subject to appropriate confidentiality, security, and data protection obligations.

Participant information may be retained for the duration of the Programme and for a period thereafter as set out in the Programme's retention schedule, where necessary to:

administer, operate, and evaluate the Programme;
manage participant, mentor, investor, sponsor, and alumni relationships;
comply with legal, regulatory, accounting, and record-keeping requirements; and
assess, pursue, and manage potential investment and partnership opportunities arising from the Programme.

Where applicable, you may have rights regarding your personal data, including rights of access, correction, restriction, objection, portability, and deletion. Further detail on these rights, and on the legal bases and safeguards (including for any international transfers of personal data) applicable to processing under the Programme, is provided in the privacy statements referenced below.

Your information will not be sold to third parties. It will not be used for marketing purposes unrelated to the Programme unless you consent, or applicable law otherwise permits it. Bentley and NXTDEV Advisors Ltd. each maintain their own privacy statement. For information on how Bentley processes personal data, please refer to the Bentley Privacy Statement at https://www.bentley.com/legal/privacy-policy/. For information on how NXTDEV processes personal data, please refer to the NXTDEV Activate privacy notice at https://nxtactivate.com/privacy/. Both statements should be read together, alongside any Programme-specific privacy notices provided as part of the NXT Activate application and participation process.

Consent*

I have read and understood the Confidentiality, Privacy, and Data Sharing terms above as well as relevant privacy notices. I hereby consent to data processing as described in the terms listed above, as well as Bentley and NXTDEV privacy policies.

HP Name