Two thirds of Minerva Program startups are already competing in the market

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

More than 65% of startups that have gone through the Minerva Program to boost entrepreneurial initiatives based on technology, promoted by the Ministry of Economy, Knowledge, Business, the University of Junta de Andalucía, and Vodafone, are already marketing their products and services and competingin the market. In addition, 30% have managed to attract investment.

In the six editions of the Minerva Program, it has established itself as one of the reference initiatives for the entrepreneurial ecosystem of Andalusia and a permanent innovation space that generates qualified employment, converts projects into companies and fosters the culture of technological entrepreneurship.

To date, it has selected more than 120 innovative ideas from all the provinces of Andalusia, of which 74 have successfully completed mentoring and more than 80% have become stable businesses. In addition, with the support of these initiatives, it has helped to generate and consolidate around 400 jobs in the region.

Seville, most entrepreneurial province

Of all the Andalusian provinces, Seville is the one that brings together the most entrepreneurs. Four out of ten projects are located in this province. It is followed by Malaga, with 22.8%, Cádiz, 8.9%, and Granada, with 8.9%.

As for the typology of accelerated startups, these focus on the development of innovative solutions and products in the areas of marketing and other B2B services, health and wellness, culture and leisure, agrotech, education and smart cities.

The Minerva Program, recognized as the first accelerator in quality of services at the Andalusian level and among the five best in Spain according to the Funcas ranking, invests about 500 hours of training, mentoring and accompaniment in each of the accelerated projects with the objective of get ideas to consolidate in the Andalusian business fabric.

The seventh call for this acceleration program will open the deadline for receiving applications next October for the 2020 edition.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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