BGI ACCELERATOR

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What?

BGI Accelerator is a 10 year deep tech international Accelerator - Spin out of MIT Portugal Entrepreneurship Initiative. The accelerator provides to the startups:

  • Opportunities to scale up via venture financing: connecting global innovators with global investors.

  • Personal weekly mentorship program during 8 weeks with industry experts.

  • 3 bootcamps, with expert coaching, 2 in Lisbon, Portugal and 1 in Boston, USA.

  • Access to a global network of investors, corporate, potential partners through invitation only events

  • We look for the most suitable sources of "dilutive and non dilutive financing" for each of our startups

  • We take 3% equity via SAFE, as a success fee when we help you reach a valuation of €3 Million Post Money valuation

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Why?

1044

Applications Received

2088

Entrepreneurs

76

Countries Of Applicants

€216M

Total Dilutive Funding

€264M

Capital Raised

€48M

Total Non-Dilutive Funding

57%

Survival Rate

11

Editions

40%

International Applicants

5

Exits

746

Highly-Qualified Created Jobs

149

Startups Accelerated

Who?
  • Tech-based solutions working on solving global challenges.

  • Startups with less than 5 years.

  • Need of considerable human and financial resources to achieve full commercialization.

  • Revenue < €2.5M

  • With a working MPV in one of 4 verticals:

  • Medical Devices & Health Care;

  • Smart Cities & Industry 4.0;

  • Blockchain Applications & AI;

  • Water Economy.

When?
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Otito Dosumu

Digital and Deep Tech Manager