We accept creative industries and hardware startups, even better if your idea combines the two. For creative industries, we are after companies who work in the following areas: architecture, audiovisual field, design, performing arts, IT, publishing, cultural heritage, visual and applied arts, music and music technology, and advertising. As for hardware, this could be a gadget, industrial or medical device - it really doesn't matter as long as it is hardware related.
It is a rare occasion that we invest in single founders, however if you are able to show that you can take your startup to the next level on your own and find co-founders in the process, then we're happy to consider you.
Yes. Global startups from all around the world are welcome to apply.
Yes, we do. Recently many startups decide to go through more than just one accelerator since different accelerators work with startups in different phases. As long as you feel that our programme is what you need - go for it!
Yes. At least part of the team is required to be present and work in Latvia during the programme. Short occasional trips outside Latvia are fine.
Most likely not. Even teams who have worked together for 6 years and already have traction on market can benefit.
No. However, there is a better chance to get selected if you have traction and/or prototype.
We take in and consider all applications as well as all teams are noticed if they got in the next round of selection. Selecting the final teams may take us 1-2 months from application deadline closing.
No, but we help you with finding a place.
Yes. But that doesn’t mean that you can’t keep your currently registered company in your country. We will help you with registration and legal settlements.
Yes. We think that good working practice brings better results and growth to a startup faster. Therefore we require our startups to bet at the office on workdays, except business trips or similar occasions.
You can use the investment for any purpose you like. However, it is there to cover your living and travelling costs during the programme and make sure that you dedicate yourself to your startup during the month-long main programme. The follow-on investment is recommended to be spent on living, work travelling and product development.
You can rent a 3-room apartment starting from 300€/month in Riga, you can get a daily offer lunch from local cafeteria for 3.50€. Public transport such as bus or train is rather cheap - travelling across the whole Latvia usually doesn't cost more than 20€.
Yes. We also have mentors specialised in IP protection to help you.
We will provide personal feedback to each team asking for it.
Over 60 mentors out of 103 mentors have met and mentored our teams, for example: Zak Homuth - CEO & co-founder of Upverter – check yourself Scott Miller - CEO & co-founder of – has helped outstanding HW startups like Pebble, Makerbot etc. Katherine Hague - CEO & co-founder of – helping hardware companies to sell online Wil Schroter - CEO & co-founder of Fundable – the largest equity crowdfunding site in the US Dan Marom - crowdfunding expert, see his book - Barbara Belvisi - co-founder of Hardware Club and Elephants&Ventures - early-stage venture boutique dedicated to hardware Hardi Meybaum - CEO & co-founder of GrabCad, platform with 1M technical engineers.
Yes, we help teams to fund-raise. We are connected to about 95 business angels and over 50 venture capital funds in Europe and US, for example Accel, Index Ventures, Balderton, Google Ventures and Wellington.
You can get various software and server space for free from Altium, Microsoft, Google ($100k worth of software/storage etc) and others.
We provide you basic legal docs, such as NDA, employment contract, convertible note agreement, sample term-sheet. We also connect you with lawyers. We partner with Sorainen, the largest law firm in Baltics, and with London based office of global law firm Taylor Wessing. Both firms are strong in dealing with startups.