European B2B accelerator Startup Wise Guys is on the hunt for early stage B2B startups for the next acceleration program. To qualify, startups are required to show some traction or MVP, committed founders team and market potential. Startup Wise Guys batch 9 will be run from the heart of the Baltics – Riga, Latvia – starting on September 18.
Selected startups will receive 20 000 EUR investment per startup, 3 month intense B2B business curriculum and access to 150+ mentors and investors, as well as the “family” of program graduates, including startups such as Vitalfields, Wolf3d, Investly, Leaf.fm and others. Startup Wise Guys have accelerated more than 70 companies and have become one of the top investors in early stage startups in the Nordics and CEE.
2016 was a special year – it marked our first exit, and also expansion outside of Estonia to run our first program in Riga. Even though Riga batch teams complained about sleep deprivation, no time to do “the real stuff” and 3 months flying by too fast, most of them have done amazing after graduation, raising in total more than half a million eur investments just few months after the program ended. And we are looking forward to host yet another amazing bunch of international startups in our second home – Riga – says Cristobal Alonso, global CEO at Startup Wise Guys.
Neighboring Tallinn – the birth-place of Skype and Startup Wise Guys – Riga has proved itself as a perfect match for the accelerator’s expansion. Startups and international mentors from previous program in Riga appreciated the strong and dynamic startup community, as well as great geographical location with easy access to an airport hub with connections to the rest of the world, availability of tech talent in the region, and relatively low business and living costs.
The applications for the accelerator program close on July 9. After thorough selection, top 20 to 25 teams will be invited for a 3 day event in Riga in late August to get the “reality check” on acceleration with some of our top mentors and investors, as well as the feel of the city that might become their home town for 3 months.