The Indico pre-seed program and accelerator powered by Google for Startups started in 2020 and selected 7 startups to receive support and investment and and it now welcomes new applications for the 2021 program!
The Lisbon based accelerator launched with the aim of finding companies with amazing products that address global market needs, with clear business models and great all-round teams.
“The Portuguese tech scene is strong and this partnership with
Google will prepare our entrepreneurs for the new cycle.”
Stephan Morais, Managing General Partner, Indico Capital Partners
Focused on pre-seed tech companies, the accelerator features Labs by Google, Founders Stories, Keynote Speakers, Ecosystem Talks, Partners Presentations, Mentors Office Hours among others. The 6-month accelerator is included in a 12-month incubation period at Indico’s offices or online if needed.
“Startup teams have to quickly learn all aspects of creating, running, and scaling a business, especially when
facing hard challenges like the ones this crisis has brought. In this accelerator, Google will offer its network
of mentors and experts that can help in different needs and to address the current moment.“
Explains Nuno Pimenta, Industry Head for Startups, Retail & Travel in Google Portugal.
The accelerator is funded by the Indico Acceleration Fund, managed by the same Indico Partners working with our Seed to Series C portfolio, and is now open for new applications. In 2021 the selected startups will received €100 thousand investment for an equity stake in the company. Companies also have the prospect of receiving follow-up investment from Indico’s Fund I, closed at 54 million euros - Indico´s portfolio has already raised over €460 million in the last two years.
“We are delighted to see initiatives such as this one, so aligned with the objectives set forth in the Digital
Transformation Agenda. Indico´s investment and the partnership with Google are clear signs of the confidence
of the private sector in the technological capacity of Portugal, a growing sector for the economy.”
Commented Secretary of State André de Aragão Azevedo
In 2021 the selected startups will receive €100 thousand investment for an equity stake in the company. Companies also have the prospect of receiving follow-up investment from Indico’s Fund I, closed at €54 million - Indico´s portfolio has already raised over €460 million in the last two years.
Apply now for the 2021 Indico Pre-seed Accelerator Program!