Spanish accelerator Plug and Play Spain is the lookout for its next batch of startups. It will be accepting submissions through July 31st from innovative technology-based projects from all over the world.
Launched in 2012 and located in Valencia, Plug and Play Spain provides startups with resources and support to develop and grow their projects. It invests up to €60,000 (US$78,000) in each company, which receives three months of on-site acceleration support at the Plug and Play Spain headquarters as well as an additional €200,000 in services from partners like Rackspace and Amazon Web Services.
The Plug and Play Spain program is inspired by its Silicon Valley roots (it is an offshoot of the Plug and Play Tech Center in the United States). Entrepreneurs participate in structured workshops, chats and tutorials in developing their ideas. They also receive mentoring.
Latin American startups have a solid shot at getting into the Plug and Play Spain program. Argentina-based OmbuShop was selected to form part of the accelerator’s second process, which took place in the spring. While in Valencia, the startup took the opportunity to launch its product in the Spanish market.
How to Apply
Applications will be accepted until July 31st or until 500 submissions are received. Twenty finalists will be selected to take part in Presentation Day on September 2nd. On that day, startups will pitch to a Plug and Play panel. Ten companies will be chosen for Plug and Play’s third acceleration round, starting on September 9th.
EXPO Day, the culmination of the program, will be held on December 3rd.
Plug and Play has accelerated 17 startups since its 2012 launch. Those companies have since brought in over €2.75 million in investments and generated 72 jobs.
Think you’ve got what it takes to be a Plug and Play startup? Find out more and apply here.