Startup Scaleup in Madrid

Startup Europe has initiated in Madrid an accelerator program for startups specialized in the Internet of Things

The Startup Scaleup Project held an event in Madrid from 26 to 30 October in order to develop businesses related with the internet of things (IoT). 14 startups from several European countries participated in this event, which was possible thanks to the sponsorship of Startup Europe, an initiative of the European Union to foster entrepreneurship in the business environment of new technologies.

The event was held during an entire week at the International Lab of Madrid, and represents the start of a program that develops acceleration simultaneously in Spain, Ireland, Lithuania and the Netherlands, with the participation of fifty business projects with innovative initiatives.

Attendees had the opportunity to be part of several workshops given by experts in Marketing, Internationalization, Internet of Things and Management.

During the next six months, startups will receive specialized assistance by experts and mentors, and will have specific software for the development of their business; they will have the possibility to contact venture capital funds also, in case they need to expand their investment.

About Startup Europe

Startup Europe is a European Commission initiative that aims to strengthen the business environment for web and ICT entrepreneurs so that their ideas and business can start and grow in the EU.

Uniting European startup ecosystems is its value proposition. Some of its concrete activities are:

– Connecting startup ecosystems throughout Europe.

– Bridging the gap between investors, corporates and startups.

– Creating a bottom-up movement across Europe.

– Giving voice to startups to influence new policies (capital markets union, digital single market).

– Celebrating entrepreneurship.

More information at www.startupeuropeclub.eu

published on December 2, 2015