Telefónica-Accelerator Wayra starts Call for Projects

-Wanted: Startups dealing with IoT, Big Data, Mobile Networks and Telco
-Participants will receive 40.000 Euro, work space, coachings and contacts
-Applications will be accepted here until May 8th 2016
Today, Telefónica-Accelerator Wayra opens applications for its new batch. Spot on for startups working in the fields of IoT, Big Data, Mobile Networks and Telecommunications. Ten teams will have the chance to join the nine-month program, that will start on July 4th 2016 in Munich.
The Munich based Telefónica-Accelerator Wayra is again looking for ten national and international startups, that want to accelerate and further develop their businesses. The most innovative teams will receive 80.000-120.000 Euro (incl. services), work space in central Munich, coaching and mentoring from experts that will provide participants with hands-on expertise in key areas as well as contacts and support from the international network. At the end of the nine-month program, startups will pitch at the Wayra Demo Day to industry experts, investors and journalists. More information on access requirements and the online application are listed here. Applicants that are chosen to advance to the next round, will be invited to a personal interview.
The Telefónica-Accelerator program aims to supporting the growth of innovative and technological companies. Wayra Germany has already proven its success in the past. For example, the startup Neokami, that develops solutions for artificial intelligence, has raised just six months after attending the Acceleerator program a seed funding of 1,1 million Dollars. The software startup NFWare, that develops virtual solutions for telecommunications industry, could also secure a six figure sum in a seed round while being part of the last Wayra batch.
About Wayra: The Telefónica-Accelerator program was founded in April 2011 and started its first academy in Colombia's capital Bogota. Wayra aims at accelerating the growth of innovative and technological businesses all over the world. Wayra Germany has proven its positive influence on startups several times in the past. For example, only one year after its foundation, the delivery service and Wayra alumni Foodora was taken over by Rocket Internet, has hired more than 200 employees and expanded to 15 countries. Moreover, the Wayra-startup Neokami based in Munich and Boston, that develops solutions for artificial intelligence, has raised just six months after attending the Acceleerator program a seed funding of 1,1 million Dollars. Startups from all over the world can apply for the program in ten countries. In Europe, Wayra runs academies in Madrid, Barcelona, London and Munich.