If you are an entrepreneur growing your IoT startup, the IoT Best in Breed initiative gives you the opportunity to access funding, 12 months of tailored support and long term go-to-market commitment.
IoT Best in Breed is the biannual call for applications of Breed Reply, aimed at identifying the most innovative ideas in the Internet of Things. With applications to the fourth edition open until March 29th 2016, the incubator is seeking the most promising early stage IoT startups to join their growing portfolio.
Based in London, and with offices in Munich and Milan, Breed Reply started its investment programme one and a half years ago, offering startups a unique opportunity: not only they get access to funding and mentoring, but also to a network of contacts, potential customers and investors. This helps startups effectively establish themselves in their chosen market, and it’s made possible through the broader Reply group, Breed Reply’s parent company, which offers consultancy, systems integration and digital services to companies across Europe.
Since the start of the programme, the incubator has been supporting IoT startups in different market verticals, for example the UK-based Home Security company Cocoon, the Italian Amiko who is developing a product in the Healthcare space, and the Smart Building business enModus offering B2B-oriented solutions for smart lighting and building energy management.
“We are looking for startups that will represent excellence in terms of innovation and the ideas they bring to the table, as well as the quality of the team involved.” explains Emanuele Angelidis, CEO of Breed Reply. He continues: “Crucially our decision to invest will be based on the most innovative opportunities and how valuable they might be in the longer term.”
What will the selected startups benefit from? An offer of three fundamental services: attractive seed funding investment at the top end of the market expectation; one year of tailored support in developing and growing the business across functions, from general management to sales & marketing and technology, plus office space and related services and long term go-to-market commitment that can help the startups scale faster.