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published 8 Jan 2014 by Sandra Vilceanu in Czech Republic 2 minutes to read

Apply now: StartupYard in Prague

The New Year has come with good news for Data, Search or Analytics startups.

StartupYard Prague accelerator programme apply now

The New Year has come with good news for Data, Search or Analytics startups.

Czech-based accelerator StartupYard is looking for technology startups from across Europe for its April round held in Prague. Their current application window runs until 31 January and around 200 projects from in-and outside of Czech Republic are expected to apply. Be one of them! 

Why apply?

The Acceleration Program will last three months (31 March -30 June) at the StartupYard offices, and six out of ten finalists will eventually be selected to receive support in building a viable product with a fast launch, and possible funding. Participation is free but StartupYard takes a 5% equity in the accelerated businesses, with an extra option for startups to receive 10.000 euros of funding in exchange for an additional 5%.

The programme consists of three phases:

  • The Direction – target the right market with the right product
  • Execute – execute your vision
  • The pitch – developing and delivering your fundraising pitch

The perks of being part of the team

Yet, StartupYard doesn’t stop here. One of the benefits of being part of this programme is free accommodation in Prague – hot hub for data tech and developers - and one paid return flight from anywhere in Europe. On top of this, the programme will cover a number of aspects within creating and growing a business.

Those include “from legal to accounting, to hiring, code review and company culture, media trainers, a professional native English copywriter and blogger, and perks worth 250.000 euros,” according to StartupYard’s press release.  

Teams will have access to over 90 technical and business specialists that are current or former partners of companies including Google, Yahoo, Seznam, IBM, Softlayer, GoodData. Thanks to Seznam, the largest investor in this Data-driven programme, the finalists will receive mentoring and funding for their projects. In addition, access to part of their full-text search technology and a large amount of data will be available for teams to use in their projects.

Alumni

Since the first edition, 22 companies have been accelerated by StartupYard and among the alumni, 16 are still active and two were acquired. One of the successful stories belongs to Spectu.com, a digital menu for restaurants/cafes/hotels/bars that runs in places such as Canada, Slovakia, Russia and Czech Republic and was recently acquired by the Czech-market point of sale developer leader ASW Systems.

If you fit the description and want to accelerate your business, go ahead and be part of StartupYard!

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