B-hub for Europe launches its open call for access to acceleration services from February 15 to March 15, 2021. This program offers blockchain startups an invaluable opportunity to grow and scale their businesses through expert-led, customized acceleration services. Below, we detail everything you need to know about the program and how it can benefit your startup.
What Is Included in the Programme for Winning Startups?
The B-hub acceleration program provides a comprehensive package of services designed to help startups achieve significant growth. Key benefits include:
- Free, Customized Go-to-Market Services: Expert coaching tailored to your specific needs.
- Access to a Pan-European Network: Connect with businesses, public actors, and startups across Italy, Romania, Germany, France, and Lithuania.
- Investor Connections: Opportunities to meet and pitch to potential investors.
- Counseling on Public Funds: Guidance on accessing regional, national, and European public funding.
- European Visibility: Enhanced exposure through B-hub’s communication channels and events.
How Does the Programme Work?
The B-hub acceleration program is structured into a six-month journey designed to foster rapid growth. Here is an overview of how it operates:
Format
The program consists of free and customized coaching services that are divided into different tracks. These tracks include webinars, workshops, deep-dive sessions, and one-on-one mentoring. The Decentralized Acceleration Programme runs for six months for each participant, ensuring a logical progression and tailored support.
Onboarding and Analysis
Once a startup’s application is accepted, the first step is the onboarding and analysis session. This intensive session, lasting between 2 and 4 hours, involves a detailed examination of the company’s current state, needs, readiness, and suitability for the program’s tracks. This session establishes the foundation for a customized roadmap and individual program creation.
During this phase, participants and their mentor organizations co-define specific KPIs or goals to achieve during the program. These KPIs are used to monitor progress through regular check-in sessions.
Acceleration Tracks Delivery
After onboarding, the program is divided into different tracks, each consisting of several components:
- Webinars: Introduction to key topics.
- Workshops: In-depth exploration and hands-on activities.
- Deep-Dive Sessions: Detailed support on specific subjects.
- One-on-One Mentoring: Personalized guidance following the deep-dive.
Check-ins
Each participant is assigned a Lead Mentor who schedules regular check-in meetings to monitor progress and ensure alignment with the defined KPIs and goals. A minimum of six check-in sessions is required, but more can be planned if needed.
Acceleration Tracks
Participants can choose from six tracks, each reflecting the most pressing needs of blockchain startups based on a survey conducted in early 2020. The tracks are:
- Business Model & Strategy Review
- Focuses on refining the business model and overall strategy. Mandatory for participants needing significant improvement in these areas.
- Marketing & Internationalization
- Aims to expand market reach and optimize go-to-market strategies. Offers support in understanding and accessing different target markets.
- Growth Strategies
- Covers specific growth elements such as customer selection, recruitment, staffing, and sales optimization, preparing startups for various sectors and segments.
- IPR Protection, Regulatory, and Compliance
- Helps startups navigate intellectual property protection and regulatory compliance, particularly for those using decentralized technologies.
- Access to Public Funding
- Provides insights and support for discovering and applying for public funding programs at regional, national, and European levels.
- Access to Private Investments
- Prepares startups for private investment opportunities through pitch coaching, investment readiness, and understanding investor expectations.
Ongoing Opportunities
In addition to the main tracks, participants benefit from ongoing opportunities for business development and visibility:
- Speaking, Pitching, and Demo Opportunities: Participants can showcase their products at various events.
- Business Introductions: Facilitated connections with potential clients and partners.
- Public Funding and Networking: Guidance on accessing public grants and support measures.
- Investment Introductions: Connections to potential investors.
- Access to Alumni Network/Community: Continued support and collaboration through an online community platform.
Calendar and Practical Information
The timeline for the B-hub acceleration process is as follows:
- Application Period: February 15 to March 15, 2021
- Selection and Voucher Assignment: March 15 to April 15, 2021
- Acceleration Services Delivery: Mid-April to late September 2021