Advisory and consulting actions to accelerate the development of the business models of technological-based SMEs, as well as the access to funding and investors
At least, one joint training session (3h) and one weekly tutorial (1h) will be held for each of the 30 participating companies each week.
The methodology contemplates an (i) initial diagnosis, where special attention will be given to the risk analysis within the acceleration process, resulting from this initial diagnosis a (ii) proposal of periodic monitoring with metrics. To this end, (iii) scorecards will be used and provided. In relation to the common acceleration part, the methodology contemplates providing the participating companies with the necessary training and advice to place companies in a better position in the market and able to participate in rounds of financing.
Mentoring: The EBTMurcia acceleration program combines in-person training sessions with individualized sessions tailored to the profile of the participating companies. They have set up a team of mentors with experience and knowledge in different areas and with access to both Business Angels and Venture Capital, with interest and ability to invest in the profiles of companies that will participate in the acceleration process, as well as high level contacts in the technological sectors that want to strengthen in this program.
Main areas:
-Identification and penetration in new markets
-Development, planning and execution of complex projects
-Recruitment, training and leadership of professional teams
-Consultant solutions
-Closing technical-legal-financial contracts
-Management
Resources needed
This program is developed under the specific collaboration of EOI Foundation and the INFO (Regional Development Office) under the program “Murcia Competitiva”. This program has been financed by European Regional Development Funds, the Ministry of Industry, Energy and Tourism and INFO.
Evidence of success
22 companies achieved real acceleration and consolidation through the support offered for their implementation.
Difficulties encountered
The most common problem in acceleration programs like this one is: the heterogeneity of the projects being tutored: they are in different phases of maturity and it creates a problem in order to combine the information to give to the companies.
Potential for learning or transfer
The main objective of the program is the development and high growth protential of competitiveness of technological-based SMEs in the Region of Murcia in three key areas:
-its size
-internationalization
-its strategic vision
Tags: SME, Startups, Learning, Youth, Incubation
