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Selected teams will receive up to 50’000 EUR in cash in addition to training and acceleration services, and will be required to move to Nana Bianca’s headquarters in Florence, Italy for the entire 16 weeks duration of the program.
In return, we will ask for up to 15% equity option combined between Nana Bianca and its partners. We reserve the right to exercise that option at anytime, within 36 months.
We value applications from teams who have a marketable prototype, but we also accept beta-phase prototypes that only need some minor, final developments. You will be required to provide a link to your demo in the application form.
At this stage, we welcome applications for projects whose business models relate to Saas, Mobile, Smart Cities, IoT, Energy, Share Economy, Circular Economy, Health and Bioinformatics. We do have extensive experience in online marketing, advertising tech, mobile and e-commerce, but we believe in synergies and rely on a powerful network of mentors. Feel free to apply if your product and team are great.
We do not necessarily believe in one-man shows, but we are more interested in great products. Show us that your product is great and we will try and match you with potential teammates.
Ours is an intensive, insane, globally-oriented acceleration program that lasts 16 weeks and requires teams to relocate to Florence, Italy.
We match you in a 1-1 relationship with a mentor of outstanding international experience that will follow up with you once a week, for 4 months.
You will have to attend all of our training sessions, and you will be matched with two tutors who will support you every day.
We will test and reiterate your business model with the help of our marketing, IT and graphic departments.
Our program schedule is tight: each week is a module and each module has milestones. Our goal is to help you show the traction and metrics you need to proceed to the next stage.
They do not. We are only interested in your business idea and the demo you have worked on.
Our program is standardized.
For companies registered within the EU: not necessarily, but you have to have a registered office in Florence, Italy in order to participate in the program. We will support you with that. Please note we will exercise our equity option on the controlling entity.
For companies registered in Italy: You are required to relocate either your registered or operating office to Florence, Italy in order to participate in the program. We will support you with that.
Yes, in this case all selected founders need to have a registered office in Florence, Italy. We will support you with the company incorporation. Be aware that company registration in Florence is compulsory and that you will have 60 days upon admission to the program to register the new company. No worries though, we will support you with that.
No. You will receive money in tranches, against milestones that we will communicate upon admission to the program.
The whole grant (cash and services) will be assigned entirely throughout the program.
Some of these milestones are program-generic, some are team-specific. While all general milestones will be communicated upon admission of the program, some team-specific milestones could be given on the go. Please note that milestones achievement are a prerequisite to get the assigned tranches of money.
Our mentors are here to help you go global. Each admitted team gets assigned to one mentor. The assignment is at our own discretion.
Equity assignment will not be automatic at this stage. Just make sure you make the most out of your relationship and think long term.
We expect 250% commitment from you. Our program is intensive, and it is designed to help promising startups become global players. You and your team will be immersed in the arena from day 1 and are expected to participate, contribute, and make the most out of every input we provide you with. It will be an amazing journey and we are sure you will have a lot of fun.