TACC, Europe’s first independent startup accelerator focused on tourism and the leisure industry, has launched in Salzburg, Austria, and is now accepting applications.
TACC Salzburg (which stands for Tourism ACCelerator) focuses on startups in the tourism industry. However, the accelerator has expanded its scope to include startups in other sectors, such as fintech, blockchain, healthcare, or mobility – as long as they have a tourism-related component.
“Tourism needs an ecosystem of innovation. There are many creative minds in the industry. Let’s let their ideas grow under ideal conditions,” said Marcus Salzmann, managing director of investment firm Next Floor, which operates the new startup accelerator.
Startups from around the world can apply for the program until December 31st, 2018, and on March 4th, 2019 TACC will launch its first program with 6-8 startups.
The startups will undergo a tailor-made program and receive commercial, theoretical, and technical knowledge from entrepreneurs and academics. TACC specialises in driving business development using big data analysis, behavioural economics, and machine learning. The accelerator also provides access to markets and customers, and helps startups to find mentors, investors, and exit partners from its highly developed network, significantly increasing startups’ chances of success.
Participating startups should be no more than two years old, and be developing solutions related to digitilisation, new tourism concepts, medical tourism, innovative staffing concepts, strategies for dealing with growth, or mobility. For a full set of criteria, check out TACC’s announcement here.
The accelerator is funded by a broad alliance of corporate partners in the industry, who benefit from the program by gaining access to new ideas, talents, and a multi-layered industry network.
Next Floor, the investment firm behind TACC, has been bringing together startups and investors to develop innovative ecosystems since 2016.
“Next Floor has quickly become known as a proven partner for both startups and investors, and will also help the accelerated startups to get funded,” said Thomas Bodmer, director of investment at Next Floor.