Berriup is the first Startup Accelerator with private initiative in the Basque Country. It was founded in 2015, by local entrepreneurs to encourage the development of new businesses.
Through its calls, twice a year, Berriup chooses different projects to be part of its acceleration program. Indifferently of the sector or the typology of the team, Berriup is committed to innovative and revolutionary initiatives with a passionate team behind and eager to turn their idea into a reality.
They have already made 10 calls, where the winners receive:
- 50K in exchange for 10% of the company
- Training and advice for entrepreneurial teams in charge of our network of mentors.
- A Coworking space
- Belonging to the BerriUp community with more than 100 outstanding members: entrepreneurs, company managers, mentors, etc.
The selected teams in each call are settled for 16 weeks in the Berriup coworking space in San Sebastián, with the aim of working on the validation of their business model, demonstrating its viability and its place in the market.
In this period, the Berriup team helps startups in secondary matters and advisory efforts so that they can focus on those tasks that do add value to the project.
The teams have to be personally in the coworking space, which help them training as well as contacting more often with the network of mentors. Also, this allows accelerated companies to share experiences in the same work environment from which new proposals for collaboration and mutual support usually arise.
Berriup offers its experience in innovation development and entrepreneurship to SMEs, as an external consultant, performing personalized services to each company: either with internal development programs (intrapreneurship), or with external programs (open innovation). In this way they collaborate with companies to achieve new business lines, promote their digital transformation and the development of the business fabric. Berriup has already analysed more than 700 projects.
Nowadays through this method, it has more than 20 accelerated companies, a network of more than 30 professional mentors with a relevant trajectory, and a space of more than 500mts2 located in San Sebastián.