Open the XNUMXth call for the startup accelerator Top Seeds Lab

Open the XNUMXth call for the startup accelerator Top Seeds Lab

Top Seeds Lab, the only Spanish accelerator member of Global Accelerator Network, will invest 20.000 euros in each of the five startups winners of their V Acceleration Call. The acceleration process will begin on November 6, 2014 and will end on March 31, 2015.

The registration period for technology-based startups It is open until September 21. As of this date, the projects with the best potential will be shortlisted to be part of the acceleration program. 

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The main novelties of the V Call of Top Seeds Lab are the increase in investment, which goes from 15.000 to 20.000 euros, and the possibility of benefiting throughout the acceleration program from the advantages of belonging to the Global Accelerator Network (GAN) , such as the possibility of accessing the best mentors and investors at an international level or having a wide variety of services for accelerated companies.

Beginning of the program

The acceleration program will begin on November 6, 2014. The acceleration package that the winning projects will receive includes the initial investment mentoring, intensive training, office space in Madrid, access to investors and services provided by Top Seeds Lab and its collaborators, such as legal services, financial services or hosting services, among others.

Our Process

The project selection process will be carried out in the following phases:

  1. Receipt of applications (until September 21).
  2. Pre-selection: 20 potential teams will be shortlisted
  3. Jury Day: The 20 shortlisted teams will present their projects in front of an expert jury selected by Top Seeds Lab.
  4. Deliberation: The jury will deliberate for a week to choose the 10 semi-finalist projects.
  5. Publication of the 10 semifinalist projects
  6. Round of interviews: A face-to-face interview will be conducted with each of the 10 semi-finalist projects with the Top Seeds Lab Global Facilitator to advise them on the final deliberations.
  7. Selection of up to 5 winning teams: After interviews with the Global Facilitator, a maximum of 5 finalist teams will be chosen to become part of the Top Seeds Lab acceleration process.
  8. Start of the acceleration process: The winning teams will start the acceleration process with all the services and benefits that Top Seeds Lab offers to entrepreneurs

Requirements to participate

  1. Top Seeds Lab seeks startups with technology-based business models.
    • Projects that meet any of the following characteristics would be excluded from the evaluation process of the Call:
    •  Biotech startups
    • Startups with industrial processes
    • Startups that are direct competitors of any of the startups in the Top Seeds Lab portfolio.
    • Startups with no minimum viable product.
    • Startups whose founding partners do not have a European passport or residence and work permit in Spain.
  2. Have at least two founding partners who play roles of CEO, CTO, CMO or similar involved full time in the execution of the startup.
  3. Be willing to have at least two founding partners who play CEO, CTO, CMO or similar roles move to the Top Seeds Lab facilities during the five months of the acceleration process.
  4. Be willing to assign between 10% and 15% of shares in exchange for a direct investment, not subject to negotiation, of twenty thousand euros (€ 20.000). We will value your company between one hundred and thirty thousand euros (€ 130.000) and two hundred thousand euros (€ 200.000).
  5. Be willing to sign a partner agreement.

Top Seeds Labs, GAN member since April 2014

Last April, Top Seeds Lab became a member of the Global Accelerator Network (GAN), an invitation-only alliance originally created by TechStars and a key member of the White House's Startup America initiative. In this way, Top Seeds Lab is part of a network that includes 50 leading accelerators from around the world.

The global GAN ​​accelerator network includes more than fifty of the world's leading startup accelerators (including Techstars, Startup Bootcamp, Flat6Labs and Launchpad LA), in more than 80 cities, on six continents, with more than 5.100 jobs generated, $ 950M raised in financing and $ 750K of financing per company. 

Information and registration

To know more about the V call of Top Seeds Labs for technology-based startups and to register, visit topseedslab.com/calls


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