Startupbootcamp has established a new accelerator focused purely on internet of things and connected devices at the new 70,000 sq ft Cocoon Networks Lab in London.
Startupbootcamp will provide up to 10 start-ups with €15,000 in funding for a three-month programme that begins in September.
The programme is working with sponsors like Premier Farnell/element14, HWTrek and MJ Hudson, as well as Startupbootcamp investors Cisco Investments and DLL, to provide successful applicants with a wide-ranging network from which to draw knowledge.
The IoT industry is predicted to contain between 20 and 30 billion connected devices by 2020, with a range of start-ups poised to tap into this growing market.
Founded and led by Raph Crouan, Startupbootcamp IoT | Connected Devices will bring together some of the very best minds in IoT and hardware, such as Alexandra Deschamps-Sonsino, CEO and founder of Good Night Lamp and head of the IoT Meetup.
Dedicated internet of things accelerator
“Over the past 18 months, we have worked closely with a number of small and large companies in this space across the globe, and in that time it has become apparent that a dedicated IoT accelerator is needed to help foster the incredible talent we have in Europe, and throughout the world,” Crouan said.
“We want to help these entrepreneurs solve their unique IoT challenges, whilst giving them the perfect platform from which to take their business to the next level.”
Applications are now open to companies from across the world.
At the end of the three-month acceleration, the programme’s startups will pitch their company to more than 250 investors and mentors on Demo Day, set to take place on 7 December.
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