STARTUP EUROPE’S IOT ACCELERATOR - APPLY

STARTUP EUROPE’S IOT ACCELERATOR

Startup Scaleup’s tailored 6-month accelerator will make sure that our IoT startups will have all they need to succeed internationally. The programme is a mix of events and resources both online and at the hubs underpinned by a foundation of unique services, experienced mentors, IoT experts, developers and facilities.

 

The journey begins with IoT’ers week at your home hub; an intense schedule of activities, and workshops that covers all the basics for scaling your business. This week is also a chance to get to intimately know your fellow teams and us too. We will also take this time to agree some serious KPIs.

 

IoT’ers Week 2016 Dates:

 

20^th June – 24^th June: Vilnius, Lithuania and Zoetermeer, Netherlands

27^th June – 1^st July: Dublin, Ireland and Madrid, Spain

 

After this week the accelerator moves online with further workshops as well as “Ask Me Anything” sessions with top startups players. Previous AMAs included Philip Moynagh, Vice President, Internet of Things Group at Intel, Dan Marom, crowdfunding expert and Jerry Yang, investor & founder of Hardware Club.

 

We believe that the real strength of Startup Scaleup is in our networks: with 6 startup partner organisations in 5 countries, who are all in turn plugged into Europe’s broader startup network. If you are looking to scale your startup in Europe, StartUp ScaleUp can help you to make the contacts you need to grow quickly.

 

PARTNERS

The Cloud Incubator HUB was launched in 2011 by the Universidad Politécnica de Cartagena to support entrepreneurs wanting to start mobile technologyIfocused businesses. Over 84 entrepreneurs have graduated from Incubator’s 3 programmes, having received business and technological training, access to infrastructures to test their apps or products, as well as support 8 mentors and access to finance for ongoing development. Our current angel network has invested over K€ 675 in our startups.

 

Website: http://cincubator.com

 

The incubator Crosspring Lab is located in the Dutch Innovation Factory in Zoetermeer. The Lab is an inspiring place with likeIminded people who have the ambition to start a successful business and / or want to extend their existing business in the areas of Internet, mobile applications, software and games.

 

Through use of knowledge and experience from the founders and partners in the startups environment, Crosspring developed a program of 18 months. During these months startups get a real boost for their process. Parts of the program are: standard documents, coaches, investors, researchers and more.

 

Website: http://www.crosspring.com

 

Open Coffee Club Vilnius is a Lithuanian NGO, founded in 2008, has grown into entrepreneursIenabling organization with broad national (Lithuania) and foreign partnerships (Latvia, Estonia, Poland, Ukraine, Belarus, and beyond) and manifold activities. Since its foundation OCC Vilnius assisted a thousand of startups so far, driving them towards raising capital, gathering team, winning of international competitions, and to various other goals. OCC Vilnius is a virtuesIbased, resultsIorientated, ideasIdriven organization with huge respect for efficiency, SMARTItype goals and strategic planning. 2011 was a milestone year when OCC was part in establishing first startup accelerator in Baltic – StartupHighway.

 

Website: http://occ.lt

 

The DCU Ryan Academy for Entrepreneurs is Ireland’s leading university centre for Entrepreneurship. It is a not for profit partnership between Dublin City University and the family of the late Tony Ryan, founder of Ryanair. Our aim is to be the leading supporter of entrepreneurship and innovation in Ireland.

 

Website: http://www.ryanacademy.ie

F6S is the largest social network for Startups. With over 1,200,000 profiles for the Startup/SME community and more than 400,000 Startups, it currently supports the majority of the Startup/SME ecosystem through deal flow/applications, jobs listings, free services, communication forms and other areas.

 

Website: https://f6s.com

Bluspec is a consultancy firm specialised in the provision of advisory services to the public sector, and has as one of its areas of expertise the design and development of entrepreneurship services, including the development of investor-entrepreneur matching programmes. Established in 1994, we work with partners from across the EU from our three offices in Barcelona, Madrid Jerez with a powerful team of 23 consultants and a stable network of external collaborators. Among other several fields, Bluspec has an extensive experience both on innovation, science & technology networking, business clusters development, and management support for EU funded projects.

 

Website: http://bluspecs.com

 

https://www.f6s.com/startup-scaleup

Funded by European Commission

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 644023

Portugal’s Startup Ecosystem - SEP - Portuguese ICT Scaleups November 2015 RESEARCH

Portugal’s Startup Ecosystem is now a force to be reckoned with!

 

http://startupeuropepartnership.eu/wp-content/uploads/2015/11/SEP-MONITOR-Nov-2015_Portugal-Rising_Mapping-ICT-Scaleups.pdf

 

SEP releases first research into the Portuguese ICT Scaleups and Exits ecosystem, 
published with the support of Microsoft Portugal and Ativar Portugal Startups.

• Despite its relatively recent history, 40 scaleups (startups with >$1M funding raised since foundation and at least one funding round in the last 5-year period) have been identified by SEP in Portugal. They have cumulatively raised over $166M from venture capital since inception, with an average of $4.2M each. 24 other companies have been able to secure funding in the range of $0.5-$1M.

• The greatest number of Portuguese scaleups (42% of the total) are located in Lisbon and account for about 60% of the total money made available to Portuguese scaleups. 28% are based in Porto. The remaining are scattered all over Portugal.

• From the “exits” side, 9 M&As have been reported in the last five years, about ten times less than the average of the other five countries previously analyzed by SEP (UK, Germany, France, Italy and Spain). They all exited internationally. In the same period, no Portuguese ICT company went public (IPO).

• The vast majority (90%) of Portuguese scaleups are small scaleups and fall into the $1M-$10M category of capital raised (they collected 44% of the total amount of capital raised). Over half of the total capital made available to Portuguese scaleups has been raised by the mid-scaleup segment ($10-$50M). 4 companies secured 56% of the overall capital raised. No scalers (i.e., scaleups able to raise over $100M raised) nor Unicorns (companies valued over $1B) have yet been spotted in Portugal. However it’s worth noting that one European unicorn has Portuguese blood in its veins: Farfetch, is a UK company founded in 2008 by the Portuguese entrepreneur Josè Neves.

• Several Dual Companies (headquartered abroad but maintaining a strong operational presence in Portugal) have been detected and continue to invest a large part of the capital raised in their home country. The most notable are Feedzai, Talkdesk, Veniam, Unbabel and Musikki.

• Rising from the late-2000s financial crisis, Portugal is rapidly emerging on the European startup map. Although it can’t yet be compared with other leading countries previously analyzed by SEP (UK, Germany, France), it does however share some of the same similarities.

 

 

 

 Startup Europe Partnership (SEP), in collaboration with CrESIT, today published its new Monitor focused on the Portuguese ICT scaleup ecosystem.

 

 This Monitor has been produced with the support of Microsoft Portugal and Ativar Portugal Startups and will be showcased later in the day at the UP Awards, an event that will bring together the entire entrepreneurial ecosystem in the country.

 

The study shows that Portugal is rising from the late-2000s financial crisis and rapidly emerging on the European startup map, with a very vibrant entrepreneurial community able to produce tangible results, despite its relatively young history. Although it can’t yet be compared with the leading countries previously analyzed by SEP (UK, Germany, France), Portugal does share many of the same similarities – and a smaller gap – with Spain and, particularly, Italy.

“We were in Lisbon in June for our SEP Matching Event and we found a very vibrant entrepreneurial community, and it’s therefore no surprise that the Web Summit will be held there from 2016 – commented Alberto Onetti, Coordinator of SEP – The good news is that this young ecosystem has already been able to produce tangible results. It’s growing fast and if the numbers are weighted to factor in GDP, the ability of Portugal to create scaleups is really quite remarkable.”

 

SEP identified and analyzed 40 scaleups (startups that raised over $1 million) that broke the early-stage level and cumulatively raised over $166M from Venture Capital, with an average of $4.2M each.

 

“Supporting today’s startups is investing in the Portugal of tomorrow – Caroline Phillips, Director of Developer Experience & Entrepreneurship at Microsoft Portugal commented – and this research confirms what we have known for some time, namely that Portuguese Scaleups are transforming into truly world class companies and stimulating new economic growth and innovation.”

 

To properly assess the Portuguese data, we need to factor in the relative newness of the Portuguese startup ecosystem: 65% of the Portuguese scaleups had a funding round in the last two years (the majority of which was raised this year) and 75% were founded after 2010 (and 48% after 2012). In addition, Portugal is a relatively small sized economy compared to the other countries analyzed (Portuguese GDP is $230B, 16 times lower than Germany, about 12 times lower than the UK and France, 9 times lower than Ital y and 6 lower than Spain).

Other Key Findings

 

In addition, 24 other startups were able to secure funding in the range of $0.5-$1M and are scaleup candidates for the immediate future. A comparison with other countries shows to be appropriate at this stage:
> Raising capitals: mid-scaleups leading, 4 scaleups secured 56% of total, no Scalers

In this respect the Portuguese scaleup landscape looks very similar to that of Italy – and to a lesser extent to Spain – with a large dominance of small scaleups. The vast majority of Portuguese companies (90%) that have actively raised funds in the recent years fall into the $1M-$10M category of capital raised and account for 44% of the total amount. 8% fall into the $20-50M range and collected 48%, 2% fall into the $10-20M range and raised 8% of the total capital.

As a consequence, over 50% of the total capital made available to Portuguese scaleups has been raised by the mid-scaleup segment ($10-$50M). No scalers (i.e. $100M raised) have yet been spotted in Portugal.

 

 

 

 

> Exits: 9 M&A, no IPOs

It is not unexpected that Portugal currently lags behind in terms of exits. The SEP Monitor identified 9 M&As, with an average of two transactions per year in the last four years (3, 1, 2 and 3 acquisitions respectively in 2012, 2013, 2014 and 2015). This number is about ten times smaller than the five-country EU average (75), and still far from the other two Mediterranean countries (Italy has 30 exits, while Spain recorded 39 exits). No Portuguese ICT company has gone public in the last five-year period.

 

> Exits: all abroad

All Portuguese scaleups exited internationally. The large majority of the deals (66%) were completed by U.S. buyers, while 22% of the acquisitions were by companies from other EU countries (Spain and UK), and none by a Portuguese company. One acquisition was from a South African company (Naspers). This data suggests that the Portuguese startup ecosystem is internationally well connected, while the domestic corporate market is not yet exploiting the opportunity of investing into startups.

 

 

> Hubs: Lisbon and Porto are leading

The greatest number of Portuguese scaleups (17, 42% of the total) are located in Lisbon. And in Lisbon it looks easier to get access to venture capital: the companies based in the capital city raised about 60% of the total money made available to Portuguese scaleups. 11 scaleups (28%) are based in Porto. This makes it the second scaleup hub in Portugal. The remaining scaleups (12) are scattered all over Portugal, with a larger concentration in the north and specifically in the area surrounding Porto and Braga.

 

 

> Areas: Software Solutions, Business Analytics and Health are leading the market

Software Solutions, Business Analytic s and Health respectively account for 17% and 13% of all the scaleups mapped in Portugal. Education, Enterprise Services, Hospitality and Mobile equally attract 8% of the identified companies. Other areas such as Cleantech, Digital Media and Fashion are attracting more scaleups (5% each).

 

 

> Dual Model

As reported in other European countries such as France and Italy, the SEP Monitor detected a number of Dual Companies (domestic-born and grown-abroad), i.e. Portuguese startups that relocated their headquarters – and with that part of their value chain – abroad, while maintaining a strong operational and technological presence in the country of origin. Feedzai and Talkdesk, for instance, moved their headquarters to the US where they raised post-seed capital from US investors. Other interesting dual model examples include Veniam (initially founded in Porto in 2012, the company is now based in Mountain View with engineering labs in Portugal), Unbabel (founded in 2013 in Lisbon, Unbabel is now headquartered in San Francisco, while maintaining engineering in Portugal) and Musikki (launched in 2011, Aveiro-based, is now headquartered in London with operations in Porto).
> No Unicorns yet

No Unicorns have yet been spotted in Portugal, despite one European unicorn having Portuguese blood in its veins. Farfetch was founded in 2008 by the Portuguese entrepreneur Josè Neves. The company’s headquarters are in London, but most of its technology operations are in Porto where it has more than 1,000 employees. Farfetch raised $195M in five rounds.

 

http://startupeuropepartnership.eu/portugals-startup-ecosystem-is-now-a-force-to-be-reckoned-with/

“Portugal é uma startup” | WEBSUMMIT 2016

“Portugal é uma startup” | Computerworld

Numa metáfora proposta por Paddy Caosgrave, Portugal e a sua comunidade de startups é o “bolo” sobre o qual a Web Summit assenta como uma “cereja”. A parte fundamental dessa massa é a rede de empreendedores, os recursos humanos qualificados (surpreendentemente, para Paddy Cosgrave), as infra-estruturas da cidade, entre outros activos, detalhou.

 

 

 

 

Mas a “cereja” também pode vir a ser a elevação ambicionada da comunidade de empreendedorismo portuguesa para patamares superiores, a projecção de startups ao grau de “scale-ups” sustentadas. Será, prevêem os promotores, um forte íman de atracção de recursos humanos talentosos, além de investimento, para uma economia moderna.

 

Pilar de desenvolvimento a par do Turismo

 

 

 

Na sessão de abertura da conferência, o presidente da Câmara de Lisboa, Fernando Medina colocou a rede de startups e empreendedorismo, a par do turismo, como pilar de desenvolvimento da economia da cidade.

E talvez num prazo mais imediato os resultados sejam até mais tradicionais: Paddy Cosgrave referiu que a conferência em Dublin, tinha um impacto total de seis milhões de euros no sector da restauração.

A Web Summit funciona com uma engrenagem afinada, baseada em dados, para conseguir facilitar o contacto com as pessoas potencialmente mais interessantes, para cada participante, investidor ou empreendedor. Trata-se de promover “envolvimento”, de conjugar “pessoas capazes de se entre-ajudarem”.

Contudo, tal como Pedro Rocha Vieira, da Bet-i, Cosgrave alertou que não deixa de ser necessário arrojo e preparação para se conseguir falar com o investidor pretendido.

Source: http://www.computerworld.com.pt/2016/02/05/portugal-e-uma-startup/