Startup Showcase: Buildit Accelerator – Helping Hardware and IoT Startups Reach Their Full Potential

Building a successful hardware or IoT startup can be a challenging task, but Buildit Accelerator is here to help. Based in Riga, Riga, Latvia, Buildit is the first accelerator in the Baltic States and Nordic countries with a focus on physical devices and IoT. They offer a comprehensive range of services to help hardware and IoT startups reach their full potential. Let’s take a closer look at what makes Buildit Accelerator a game-changer in the world of hardware and IoT startups.

Investing in Startups for Success

At Buildit, startups don’t just get a product accelerator. They get a partner in development that’s invested in seeing them succeed in raising seed investment. Buildit offers a 4-month program of intensive mentoring, product and business development, and a follow-on individual mentoring program for up to 2 years. They also offer a 20-50K EUR pre-seed cash investment per startup and possible follow-on seed investment of up to 250k EUR. With this level of support, Buildit is dedicated to helping startups reach their full potential and succeed in the competitive world of hardware and IoT.

Free Office Space and Discounted Services

As part of their accelerator program, Buildit offers free open office space in the center of Riga, Latvia, during the acceleration program (4 months). This allows startups to focus on their development without worrying about the costs associated with renting office space. Additionally, Buildit offers free and discounted services from partners, including server space, licenses, development tools, design services, testing facilities, marketing services, legal, accounting and banking services, interns, and more. This means that startups can access the resources they need to succeed without breaking the bank.

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Supported by Altum Accelerator Program

Buildit is supported by the Altum Accelerator Program, which is financed from the European Regional Fund. This means that Buildit has access to additional resources and funding to help startups succeed. The Altum Accelerator Program is dedicated to supporting innovative and high-growth potential startups in the Baltic States, and Buildit is a key partner in this effort. With this level of support, startups can trust that Buildit has the resources and expertise to help them succeed.

Conclusion

Buildit Accelerator is a game-changer in the world of hardware and IoT startups, offering comprehensive services to help startups reach their full potential. With a focus on investing in startups for success, free office space, and discounted services, and support from the Altum Accelerator Program, Buildit has everything that startups need to succeed. If you’re a hardware or IoT startup looking to take your business to the next level, Buildit Accelerator is the partner you need to succeed.

Website: http://www.buildit.lv

Twitter: http://twitter.com/BuilditAcc

Facebook: http://www.facebook.com/BuilditAccelerator

LinkedIn: http://www.linkedin.com/company/buildit


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