A dedicated accelerator for IoT and hardware startups, helping them validate, build and grow their business.
About this Solution:
Startupbootcamp IoT | Connected Devices is a dedicated accelerator for IoT and hardware startups, helping them validate, build and grow their business. Every year an intensive 3-month program is run for up to 10 startups, all of whom are working across a consumer or industrial IoT solution. In this time the startups undergo a range of workshops around product development, investor relations and marketing, whilst being able to draw on the expertise and knowledge of influential mentors, hardware professionals, corporate partners and potential investors. Teams from across the world can apply to join the program which is based in Startupbootcamp’s workspace and lab at IDEALondon.
What We Offer:
- Extensive mentorship from 100+ entrepreneurs, investors, and partners
- Access to top markets in Europe, US, and Asia (especially China and Korea)
- 3 months free coworking space complemented by a full fast prototyping lab
- €15K in cash per team
- Equivalent to £740,000 in partner services
- Invitation to SBC global alumni network and growth program
- Access to 100+ Angels & VCs for funding
In return we ask for 6% equity. We don't take board seats, and we don't get preferred shares. All contracts are simple, transparent, and available for all to see.
We’ve accelerated over 400 startups in the past five years, with a funding rate of 72% and the average amount raised is €660,000.
Applications for our next program (beginning in October) open through F6s on April 24th.
This Solution is most applicable for the following stages and categories:
- Proof of concept
- Working prototype
- Industrial Applications
- Sports Devices
- Toys & Games
- Smart Home Devices
- Tech Accessories
- Auto Applications
- Health Devices
- Other Technologies