Building Global Innovators (BGI) is looking for its next batch of tech-based entrepreneurs. BGI is an intense global innovation accelerator powered by the unique collaboration of the University Institute of Lisbon (ISCTE), the MIT Portugal Program, Deshpande Center for Technological Innovation, and the Martin Trust Center for Entrepreneurship. The accelerator invites ambitious entrepreneurs and global startups working on a technology-based solution to a global problem to apply. The four research areas of interest are: Medical Devices & Health; IT, Smart Cities & Industry 4.0 solutions, Enterprise IT & Smart Data; and Water Economy. First call is open until April 30, 2016.
BGI is directed toward aspiring entrepreneurs and tech-based startups and/or spin-outs (max. 5 years old). In 2015, BGI joined the 100 Top Tech Accelerators featured in the Hot Topics Accelerator 100, the Top 20 EU Accelerators by Fundacity, and the EiT Digital Network.
In its 7th edition, BGI will accept up to 16 ventures, four at each track. The teams will be competing for a 100.000€ venture capital investment awarded by Caixa Capital, and an in-kind support valued at €1 million, comprised of a structured 9-month program with over 1,150 hours of expert mentorship & business development per team. The teams will also be involved in acceleration bootcamps at IUL-Lisbon (all teams) and MIT-Boston (selected teams), and can expect continued alumni support for up to 5 years upon graduation. This is a great opportunity to earn international exposure to the top members of the global entrepreneurial and innovation community.
To date, BGI has nearly 70 active alumni companies, which have raised over 73 million euros in financing (69% from venture capital), and created more than 450 high tech jobs and over 14 million euros in accumulated revenues.
Online applications for the 1st phase are open until 30th April, 2016 (first come, first served). The 2nd and last call are open until 5th June, 2016 (remaining vacancies).