Impact growth smart
IMPACT Growth Smart Cities is the new project from IMPACT Accelerator, one of the top ten accelerator programs in the world.
In partnership with Ferrovial, we are looking to select growth-stage startups working to solve the challenges of urbanization by optimizing resource consumption and improving services through better management of supply and demand in urban life activities.
The startups that are selected for the program will receive €100,000 equity free — up to €250,000 for the best projects — as well as training and mentoring and the option to receive private investment from one of our partner investors and VCs: Kibo Ventures, Accelerace, INVESDOR.
Our three-month acceleration program, led by ISDI and Accelerace, is de-localized, which means that startups can receive training, mentoring, and funding without having to move to another city or country. This means that startups don’t need to go through the hassle of establishing themselves in a foreign place, but can rather focus their efforts on expanding their business, attending the world’s top startup events, training camps, and networking events in Madrid, Copenhagen, London, Tel Aviv, and more.
The best startups will move on to a second phase of internationalization. The best projects will be awarded up to an additional €150,000 in equity free funding.
Finally, the four top startups will have the opportunity to receive private funding of up to €1.5 million, led by Kibo Ventures.
IMPACT Growth connects startups with mentors, top experts from all around the world. Each startup has its own Follow Up Mentor, who helps startups with all aspects of their business. Startups also can request mentoring sessions with specialists from fields such as strategy, digital marketing, legal, and more. Meet our mentors here.
Additionally, each vertical has a special partnership with an international corporation. Smart Cities is partnering with Ferrovial to offer startups specialized mentoring, commercial partners & further opportunities.
IMPACT acceleration kicks off with a week-long, face to face bootcamp taught by internationally renowned “teachers” (founders, investors, hackers). Startups also receive courses in subjects such as internationalization, founding strategy, growth hacking, and more.
Smart Cities startups work to solve the challenges of urbanization by optimizing resource consumption and improving services through better management of supply and demand in urban life activities.
In Smart Cities we will foster innovative solutions to issues such as energy management, water management, waste management, transport management, mobility, assisted living, eGovernment, city infrastructures, content and services for citizens, and security.
The partner for this vertical is Ferrovial Servicios. Since its foundation in 1952, Ferrovial has become one of the leading infrastructure and services operators, committed to developing innovative and sustainable solutions. The company has 74,000 employees and a presence in over 15 countries. Ferrovial will bring its experience and knowhow to help startups in the Smart Cities sector succeed.
IMPACT Growth is looking for startups in the growth stage. The ideal startup:
- has a product already on the market
- already has initial investment
- has established partnerships with corporates or strategic partners
- is looking to open in new territories in the short term
- is looking for investment to grow the business
- is established in Europe or willing to open in Europe before entering the program
Have more questions? Check out our FAQ.
If this describes your startup, we want you to apply!
IMPACT Growth is a project directed in a joint effort by the consortium partners listed below. IMPACT is a public-private partnership, being funded in part by a grant from the European Union’s Horizon 2020 research and innovation program under grant agreement number 732480.