SeedLab, the Italian entrepreneurship program, opened its call for applications. The accelerator is seeking for innovators without experience in managing businesses but with a new business idea, to help them grow and create a successful startup. Ideas are selected considering their quality, including degree of innovation, target market prospects, scalability and competitive advantage.
In the first part of the program the participants will learn the basis of accounting, finance, strategy, marketing and project management. In the second part each team will be hosted along the summer for an intensive incubation experience to keep learning startup-oriented content, define a credible business model and meet mentors and innovators.
At the end all the ideas will be pitched in front of international venture capitalists, angels and corporate investors and a jury will then select the winners of a 2 weeks business trip to Silicon Valley.
SeedLab’s financial partners offer to support the best startups into the program, paying for the € 25.000 tuition and up to € 10.000 in cash in exchange of 10% of the startup equity.
SeedLab is looking for ideas in the following industries: agro-food, new materials, clean-tech, life-sciences, informatics hardware, mechanics and robotics, telecom, web-digital-new media, informatics software.
Applications for the 2013 edition will be accepted until 2013-03-17.