ProSiebenSat.1 Accelerator

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The ProSiebenSat.1 Accelerator is a 3-month program that runs twice a year. The accelerator supports (up to seven) startups across all industries, IoT, smart home, health, entertainment, fin-tech, e-commerce, and B2C and B2B businesses. They offer mentoring and coaching, infrastructure, and great networking opportunities through the extensive network of one of the largest media corporations in Europe, ProSiebenSat.1 Group. The accelerator runs LaunchpAD, a unique program for advertising and data analytics start-ups. Investment: Upon acceptance, all start-ups are given €25,000 in seed money and € 500,000 worth of TV advertising ( the package valued at € 175,000 and given in form of a convertible note). If financed by a third party investor, the convertible can be converted into direct equity which is based on the valuation of the third party investor. The accelerator possesses only the rights of a minority shareholder.

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, , Belgium

https://www.p7s1accelerator.com/en/home/