Another corporate accelerator: ProSiebensat.1 is looking for founders23 Jan, 2013
ProSiebenSat will offer the startups office space for six months, mentoring by industry veterans and 25 000 in funding. And of course, plenty of industry networking and a demo day at the end.
In return, ProSiebenSat will take a 5 percent stake in equity proceeds or exit participation. (This is also one of the structures they use for SevenVentures).
Mikko Jarvenpaa, former HackFwd team member and author of a book on accelerators, predicted that corporate accelerators would pop up everywhere in the world in 2013. He seems right on track with his prediction.
Photo: prosiebensat.1 logo
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