Startup Braga 4th Acceleration Program kick-off
09/03/2017 Startup Braga / 4th Acceleration Program
As part of its entrepreneurial strategy and its connection to the Startups world, Altice Labs was present at the kick-off session of the Startup Braga 4th Business Acceleration Program.
For the 2017 edition, there were 13 selected companies that work in technological areas considered strategic by Startup Braga and with potential for rapid growth: digital economy, health technologies and nanotechnology.
The opening session was held by Carlos Oliveira from Startup Braga and Stephen Morais from Caixa Capital.
In his intervention, Carlos Oliveira highlighted as a differentiating factor of the program, the focus given to the themes of startups positioning in the market and the constitution of solid customer portfolios that allow the sustainability and growth of startups.
Stephen Morais, identified three factors that are currently considered indispensable by investors for assessing a potential investment in a digital startup: the product or service is available for use on any mobile device; the product or service incorporate components of Artificial Intelligence; the startup will provide a wide set of financial and business indicators (KPIs), properly detailed and in line with the best practices of the sector in which your product is inserted.
Several companies participated in the 4th Startups Acceleration Program and made their presentation, according to its publication on the web address: Startup Braga 4th Business Acceleration Program. In the three previous acceleration programs, 29 teams were supported, of which 70% were able to close investment rounds totaling approximately 8 million euros.