The Madrid space known as La Nave has launched the 4th edition of its startup acceleration program. This initiative has already managed to promote 146 projects in the last four years, to which the 35 selected for this fourth edition will be added. Until now, the startups accelerated in the three preceding programs have achieved cumulative investment figures of more than 8. (Phentermine) 5 million euros and, in addition, 283 new jobs have been created, thanks to the consolidation of their business models.
“The Madrid City Council rewards talent and supports entrepreneurs in the initial phases, when everything costs much more and obstacles multiply. From the local administration we are always at the side of the people who are going to change our future, we offer them enough incentives to stay in Madrid and generate wealth and jobs”, expressed the delegate councilor of the Area of Innovation and Entrepreneurship, Angel Child.
In addition to being part of the La Nave community, the selected startups have free access to a full-time physical work space in the Villaverde facilities; theoretical and practical training to grow in a structured and sustainable way; individual intensive mentoring focused on the business model and the strategy to follow; complementary training sessions given by specialists in areas such as cash flow management, finance, investment, intellectual property, legal aspects of entrepreneurship, cybersecurity, cloud, communication, etc. and the possibility of becoming part of the Alumni Program for all those who successfully complete the acceleration program.
And it is that “once you are part of La Nave you are part of its community forever”, as Niño explained to the entrepreneurs who are beginning these six months of acceleration. Together with all these aids for entrepreneurship, the following stand out: more than 50 collaboration agreements achieved with different agents of the innovative ecosystem and that enrich, even more so, the offer of services available to the startups that join this initiative of the Madrid City Council.
The welcome ceremony was also attended by participants from previous calls in order to learn about the new projects and share experiences. For Martha FrennaCEO at GreyHounders and participant in the 1st edition of the La Nave acceleration program “What helped us the most was the methodology part in all areas, such as marketing, go to market, finance, practicing the pitch to present to investors… Going through here gave us the basis to grow in an orderly and structured manner, which It allows us to currently have physical stores, logistics throughout Spain and eleven workers”.
For its part, Ignatius Valley, CEO at Lullaai and resident at La Nave, he also wanted to share the aspects of the program that were key for his startup. “We came from having been at Techstars in Munich, but we lacked a local connection to our ecosystem. La Nave has helped us to connect with public institutions, corporations, investors… In fact, I would highlight the investment sessions with professionals and very powerful funds as one of the most interesting aspects of the program”.
This year, to the four classic verticals for which innovative solutions are sought from the Nave (Smart cities; eHealth and biotech; sustainability, bioeconomy and circular economy; and edTech), two new ones join (Fintech and Insurtech; retail, hospitality and tourism) with the aim of making room for new trends and continuing to promote projects in strategic sectors.
Startups selected for the IV program
- Smart cities: Recommend.app, PowerWaf, Shieldata and Uktena.
- eHealth and biotech: Aitaca, Biotme, MovumTech, Tailoryou and Vulpix
- Sustainability, bioeconomy and circular economy: Altabatt, Full&fast, Iridia, Squali Swim, The Good Goal and Turbofans.
- edTech: Cresory, Nodd3r, Singularity Experts, and UpGrowz.
- Fintech and Insurtech: Belender, Datasurance, Dexva, Komorebi (Insurmapp) and Profiti Technologies.
- Retail, tourism and hospitality: Clozzies, Ghop, Order In, Sisterwave, Super Robotics, The Food Please, Travia, Yhood and Veris Behavior.
