Acceleration Business City-ABC is a business accelerator that shares similar goals with other incubation programs; helping entrepreneurs accelerate the growth of their business. Their programs are technology and industry specific, and today they announced a new program “SmartCities” which aims to meet companies solutions with citizen engagement.
The program is aiming to provide support in different areas for businesses, including business development which gives the chance to pitch in front of the right partners and take advantage of a global reach of (42 innovation centres, partners in US, China and EU); testing ground for solutions to 4,500 businesses and 21 million users per year; mentoring sessions with participating more than 80 Technology and Industry Experts, Corporate Partners, Serial Entrepreneurs, Business Angels and VCs; 15,000 EUR in equity funding (with potential for additional funding if needed); Up to 350.000 EUR in services (including full Microsoft licenses and IBM Cloud Softlayer and/or Bluemix); Free office space and other perks; Pitch before strategic investors (corporations) and financial investors (VCs and Business Angles)… all in return of 8% equity in the startups.
Who can apply?
If you have developed solutions that will enable SmartCities of the future, you should apply. Established companies with the existing first clients and targeting international expansion will benefit from this program the most. The program will take place in Ljubljana, Slovenia, so interested participants will have to spend at least 3 months there. Subtopics in this program include Smart home, Automated living, Smart mobility, Smart parking, Smart Retail, Open data, Internet of Things, M2M solutions, Smart connections, Smart energy, Smart metering, Smart grid, Smart lighting, Smart building, Urban planning, and Waste management. Other topics targeting SmartCities can also be considered. SmartCities Program in figures: Deadline for applications is Wednesday 25th of March
Program begins March 30th in Ljubljana, Slovenia. Demo Day will take place end of June where 8 startups will be accepted into the program. Apply now.