Applications are now open for the Wise Guys SaaS Bilbao program starting October 2022.
Get up to €200K convertible investment (170K cash + 30K program) with a €300K follow-on possibility
Learn from the best
Benefit from meeting top-notch industry experts: 350+ mentors, 200+ investors, and 600+ alumni
Join our intensive 5-month startup accelerator program power-packed with cutting-edge industry knowledge and expertise
Accelerate your growth at a modern coworking space full of like-minded challengers and game-changers
Go From Founder to Global Entrepreneur With Our SAAS Startup Accelerator
In 10 years, we kept polishing and perfecting our startup accelerator program to bring you the most cutting-edge SAAS incubator experience:
Setting KPIs and goals: various frameworks, tracking, company-wide onboarding
Customer discovery: how to find the right target market & audience
Determining your startup’s key strengths and unique value proposition
Product alignment and sales acceleration
Product refinement based on feedback and new expertise
SALES & MARKETING
Synchronizing marketing and sales strategies
Business and sales development strategies
Pitching fundamentals and hacks
FUTURE-PROOFING FOR SUCCESS
Defining a 12-month development roadmap across tech, sales, and overall business strategy
Ins and out of fundraising: strategy, networking + unique exposure to business angels and VCs
PROGRAM AFTER CARE
We provide continued on-demand help. Once you complete the program, you’ll join the most vibrant community of Startup Wise Guys Alumni network, where our teams and mentors will keep routing for your success after the program completion.
Who is this program for?
Wise Guys SaaS – Bilbao program is mainly for early-stage B2B SaaS startups working with AI, computer vision, deep learning algorithms, blockchain, and 5G technologies with initial traction, a solid team, and a focus on one of these areas:
Advanced manufacturing software
Energy consumption optimisation software
Machine to Machine communication
Autonomous transportation systems
Monitoring and prediction systems
3D manufacturing software
Supply chain optimisation
Seamless consumer journey
Cyber Security systems in IoT
Why accelerate in Bilbao?
Companies that register their legal entities or have an operating subsidiary within Biscay can tap into a number of special opportunities local government provides. Starting with a chance to receive a co-investment ticket matching Startup Wise Guys investment from Seed Capital Biscay.
The region provides governmental non-refundable grants of up to 125K in the first year of your operation and then an additional sum of up to 160K EUR available in grants for the later stages of R&D projects and opening up international markets.
The agencies can also help you relocate, open visas, hire talent, and go through the full legal process, hand in hand. Bilbao is one of the wealthiest regions in Spain, with a very strong industrial market in Europe and with many companies potentially eligible from the above-mentioned product verticals and tech solutions. We found Bilbao to be the best location for this upcoming Program.
Important Dates & Program Format
Wise Guys SaaS Startup Accelerator is a hybrid program that includes both online and offline modules. Our cozy coworking space will be available throughout the entire program.
Start Your SAAS Excellence Journey With Startup Wise Guys
Startup Wise Guys is one of the top investors in the broader CEE and CIS regions, also investing in Europe, Africa, and Latam. With more than 300+ startup investments behind our back and a solid team of serial entrepreneurs and passionate mentors – we for sure have what it takes to help you accelerate your business growth and scale internationally!
Software as a Service is our flagship vertical, which we have been investing in and accelerating since 2012.
raised by portfolio startups
We have a deep network of 350+ mentors who are experts in their fields or founders of startups themselves. Here are some of our top mentors you will get the chance to meet and learn from at the Wise Guys SaaS accelerator program.
Running an accelerator is a bit like running a sports camp! This is the kick-ass team that will keep you on track with KPIs, give constructive feedback, and make sure that you get the best program content possible.
With more than 300 startup investments behind our back and a solid team of serial entrepreneurs and passionate mentors – we for sure have what it takes to help you speed up your business and scale internationally! Hit the button below and become a part of the Startup Wise Guys family.
After the submission of the application to the Dealum, the Scouting team evaluates the application for eligibility. It can take up to 2 weeks for us to get back to you after we have received your application.
If the application fits our criteria we might ask you additional questions and invite you to take part in the pitch day to present the business to SWG General partners and team members.
Pitch day is an internal event to evaluate the business idea and meet founders face to face, after the pitches SWG team decides how to proceed with the application. Decisions are: move forward with Due Diligence, offer Wise Guys Pre-accelerator program, reject or stay in touch until later.
Due diligence process includes: the Tech call, Managing Director call, Partner/ expert call, and the Deal call.
After the startup has successfully gone through the due diligence process they are invited to the Selection Bootcamp.
TOP 10-12 teams are selected to participate in the acceleration program.
Throughout the program, there are four main focus areas on which we are working to help you build and grow your startup: Company building, Sales and marketing, Fundraising and Pitching, and Product building.
Work in these areas happens through intensive collaboration with almost 100 mentors at workshops, one-on-one sessions, and sprint weeks, as well as through a dedicated implementation time throughout the program.
We are running a hybrid program, meaning that some modules of the program are happening online, some onsite, and you are expected to attend the onsite parts of the program by relocating for two to three weeks to Bilbao, Spain where the program is taking place.
The Scouting team evaluates each application and decides what program the startup is eligible for. If we see the potential in the project, but it is still a little too early for acceleration we invite the startup for the 8-week long pre-acceleration program, where we provide mentoring and support to help startups grow faster. After the Pre-acceleration the best teams might get invited to take part in the full-time Acceleration program.
The acceleration program is a 5-month program and comes with an investment. The main criteria to be eligible for the equity-based program are:
– a working MVP
– at least 2 co-founders
– initial traction. MRR/ revenues.
No, there are no restrictions, but you have to take into account that the workshops, mentoring sessions, and other program activities will happen according to the EET time zone, so you might have to adapt to this schedule.
Also, it’s a hybrid program with online and onsite modules, therefore, if there are no Covid-related restrictions, some parts of the program will happen onsite, and you’ll be expected to be there.
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