Berlin-based Axel Springer Plug & Play Accelerator is looking for startups that are breaking new ground in the development and implementation of digital business ideas. Application deadline is August 15th.
About the programme
Axel Springer Plug & Play Accelerator launched in 2013. Startup teams are able to apply online for the programme twice a year (you can apply here). The accelerator provides digital entrepreneurs with office space, workshops, 25.000 euros, networking and further support focused on their individual needs (see all the mentors here). At the final stage of the programme, which means on the Demo Day, startups will have the opportunity to pitch in front of an audience of local and international venture capital firms for additional seed and Series A funding.
The perfect candidate
The duration of the programme is three months that require full availability. The applying team should have at least one developer and consist of at least two members. The programme does not accept single-founders. “We are mostly interested in tech and media startups or startups that can even grow faster with the usage of media. At the best, applicants have already developed prototypesor market-tested business models. We have a strong focus on team members and their personality and apart from one techie, we advice startups to be authentic and of course, highly motivated”, says Charlotte Bilzer from Axel Springer Plug & Play Accelerator communications department, about the ideal candidate.
Being a joint venture of Berlin based multimedia company, Axel Springer AG and the global accelerator, Plug and Play Tech Center in Silicon Valley, the programme encourages a know-how transfer between Berlin and Silicon Valley. The accelerator is open to worldwide startups, though Europe will be the starting point for their business. “As the Accelerator is based in Berlin, we are targeting all media and tech startups in Europe. However, the geographic closeness to many CEE countries and all the high potentials we can see in these countries (of which many have a technical background) make the CEE countries to a very interesting target for us”, Bilzer told inventures.eu.
Successful startups will be part of Axel Springer Plug & Play Accelerator network. Plus, they will have the chance to meet Silicon Valley investors or even fly to Silicon Valley at the programmes’ expenses.