Global mobile commerce enabler DOCOMO Digital (through its acceleration program b-ventures) has announced the membership in IMPACT GROWTH, a startup accelerator programme driven by leading technology companies throughout Europe.
The first call for applications is open until 9th May, with Impact Growth looking to induct 14 startups to its programme. A second call will follow in September.
Each of these 28 startups will be granted with €100,000 equity free. Four are the sectors startups can apply: ‘cities&infrastructure’, ‘mobile content’, ‘manufacturing’ and ‘agrifood’, where DOCOMO Digital leads the ‘mobile content’ vertical.
The two best performing startups of the two IMPACT GROWTH application calls will access an additional grant of up to €150,000, equity free.
At the end of the Acceleration program the best four startups will have the opportunity to obtain up to €1.5 million in private investment from Kibo Ventures and Accelerace.
“Working with IMPACT GROWTH provides DOCOMO Digital the opportunity to be a part of the development of some of the highest potential mobile and smart content startups in Europe,” explains Simona Torre, Director of b-ventures. “Startups are where some of greatest technology innovations take place, and play an increasingly important role in next generation mobile ecosystem. DOCOMO Digital wants to be at the forefront of innovation, and thanks to its global mobile expertise in mcommerce, content and marketing, will support the evolution and the growth of the best European startups.”
Since its launch, two years ago, IMPACT has invested 6.4 million euros over three open calls, receiving applications from more than 2,600 startups in 42 countries.
b-ventures is DOCOMO Digital’s corporate acceleration programme. It is aimed at accelerating the growth of tech startups in the mobile content and mobile payments sectors, taking full advantage of its consolidated worldwide infrastructure and well-established international business relationships. b-ventures most recent invested and supported companies app promotion platform TAPXX and mpayment startup Oval Money.
IMPACT GROWTH is backed by the European Union’s Horizon 2020 research and innovation programme and FIWARE.