Plug and Play Spain is now fielding applications for its third Accelerator Program in Valencia, Spain. The European branch of the Silicon Valley accelerator and investment fund is looking for early to growth stage startups for the 14-week program that will be held between September and December. Selected companies will receive up to €60,000 in funding and up to €200,000 in services from Rackspace, Amazon Web Service, and other partners. They will also receive office space, mentorship, and access to Plug and Play’s vast network of business partnerships.
The Accelerator Program is designed to immerse startups and entrepreneurs into a Silicon Valley inspired environment. Through a combination of structured workshops, speaker series, mentorship sessions as well as active coaching, startup founders will crystallize their ideas and business plans, and prepare to present their products to the international venture capital community.
In the past year, Plug and Play Tech Center has invested in over sixty startups, bringing the grand total of startup capital raised by their portfolio companies to more than $150 million over 7 years. The Spanish branch has invested €2.75 million and created 72 job positions.
The application deadline for this third Accelerator Program is July 31st 2013, or whenever 500 projects apply. For information or to apply, visit plugandplayaccelerator.es.
Startups will pitch the results of their 14-week acceleration program at Plug and Play’s quarterly startup competition, EXPO.
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