what's new

27 Jan 2014

Wayra launches new Call to find 50 new digital ‘start-ups’

Wayra today announced a new call for projects in order to find new business proposals.

Entrepreneurs from all over the world can put forward their digital projects up to 23 February at http://www.wayra.org/joinus in order to win a place at one of the seven Academies in this call, among them the Academies in Madrid, Barcelona, London, Prague, Caracas, Bogotá and Buenos Aires.

The common factor in the businesses that Wayra decides to accelerate is that they make the most of the advantages of Internet and new technologies to innovate. In this call, the focal point is products and solutions in the fields of “Internet of Things”, in particular connected sensors and devices applied to Smart Cities, Big Data and mobile technologies targeting new application developed using HTML5 and potentially embeddable as new mobile capabilities for the Firefox OS Initiative, although not exclusively.

After passing an exhaustive selection process, the best projects take part in the acceleration programme which provides them with financing, devoted mentors, a space for their team to work at the Wayra Academy and potential access to the Telefónica Group’s businesses. Entrepreneurs will also join Wayra’s investor, partner and expert network in different parts of the world.

Started up in April 2011 to support the growth of innovation and technological entrepreneurship, in just two years Wayra has consolidated its position as one of the largest accelerators in the world, operating in twelve different countries in Latin America and Europe. It has received over twenty thousand proposals through its calls for technological businesses and has financed over 315 new companies.

With the new search for talent starting today, Wayra expects to recruit more than 50 new companies for its centres in the UK, Spain, Czech Republic, Venezuela, Colombia and Argentina.

Wayra, nearly in its third year of operations, has a portfolio of 315 companies grouped in 20 digital industries. The total investment is around 43 million euros: 13 million contributed by Telefónica plus another 30 million in outside financing.