Accelerator Program
Barcelona is southern Europe’s most dynamic start-up ecosystem, being home to over 1,300 start-ups that develop their activity in the fields of industry 4.0, life science, mobile and other digital and new tech businesses. GBSB Global is focusing on paving the way for new generations of future professionals teaching them the latest resources on technology.
In 2018 GBSB Global Business School launched its first edition of the G-Accelerator, a new pre-incubator and accelerator program that aims to help and support new and existing ventures introduced to the market by entrepreneurs. The G-Accelerator program will have both a local and international (virtual) scope.
GBSB Global is promoting 3 contests every academic year in January, April and October in order to select a number of priority projects that will be supported by GBSB Global offering them a free package of mentorship hours, infrastructure facilities and the occasional support on funding market access.
Mentorship Services
Infrastructure Services
Financial Support Services
Mentorship Services
Mentoring is one of the main attributes that make G-Accelerator unique. All the mentoring services are provided by a panel of experts, each focusing on a specific area: Business Case validation, commercial policy, technology, finance, and legal advice. These services are provided according to the specific needs of each individual entrepreneurial idea.
What does the mentorship include?
Assessment of the idea based on innovation, technology, market positioning, and team capabilities
Business model validations and stress test
Roadmap for the launch of the new venture with tailored services according the key points of the business
Infrastructure Services
The G-accelerator program aims to help entrepreneurs in establishing their venture through the offering of some basic infrastructure services. This service available is only for priority projects with a headquarter in Barcelona.
Financial Support Services
The G-accelerator provide support on connection with financial services for the priority projects with a local scope. We support in accessing funding rounds or public grants available for entrepreneurs.
Calendar
The second edition will take place from the month of May to December. The calendar below shows the main deadlines for entrepreneurs:
Apply for G-Accelerator 2nd Edition
until 8.05.2019
FAQ
GBSB Global believes in helping our students, alumni and society to harness their professional potential.
Many bright ideas fail to deliver due to the lack of experience of the founder in fields not related with the core of the idea itself. Senior expertise and a minimum infrastructure services are imperative to help new ventures move forward.
Research shows that 70 percent of mentored businesses survive more than five years, double the rate of non-mentored small businesses”.
An external and experienced view can often provide an unbiased opinion about the venture, correlated with the solution to overcome problems and to intercept additional opportunities.
GBSB Global students and former graduates are all entitled to participate in the program however, G-Accelerator is also looking forward to expand its activity by helping individuals from the general public with ideas &/or founding new, eligible ventures to participate in.
Entrepreneurs do not have to be based in the Barcelona area. The program has both an international and a local scope. Check the services here.
The G-ACCELERATOR provides comprehensive assistance known as our Business Creation Services.
- MENTORING Services
- INFRASTRUCTURE Services
- FINANCIAL Support
About the MENTORING part (a), the services provided are:
- Assessment of the entrepreneurial idea based on innovation, technology, market positioning, and team capabilities: i.e. PRODUCT / MARKET/ PEOPLE / FUNDING.
- Business model validations/stress test (GBSB Global certification). i.e. BUSINESS PLAN / BUSINESS CASE / BUSINESS MODELLING.
- Roadmap for the new venture with tailored services according to the key points of the business.
All the mentoring services are provided by a panel of experts, each focusing on a specific area: business case validation, commercial policy, technology, finance, and legal. This is based according to the specific needs of each individual entrepreneurial idea.
About the INFRASTRUCTURE SERVICES, the services provided are:
- Access to the dedicated area at GBSB Global in Barcelona, where the entrepreneur can find a work space with internet connection.
(*) During the first stage, this service will be available only for the priority projects selected by GBSB Global.
About the FINANCIAL SUPORT, the services provided are:
- Support in accessing funding rounds held by Business Angels networks, Venture Capital communities as well as other traditional or alternative funding opportunities (i.e. crowd funding).
- Support and facilitation in obtaining access to all public grants available for entrepreneurs.
The entrepreneur who has an idea and is looking to develop it has to compile the venture application form.
Once the projects are presented, there will be a selection of "the priority projects".
This selection will be reviewed and decided upon by the G-Accelerator expert panel.
The projects selected will have the right to the following services financed by GBSB Global:
- 1 or 2 meetings per month (3 hours of total mentoring) for a duration of 6-8 months
- Business case validation by a G-Accelerator certification.
- Physical space to work with office facilities such as internet, landline, computers (pre and incubator services).
The financial support process would start after the business case validation and could require an extra mentoring session focusing on financial capabilities and negotiation support with financial agents. The extra sessions will be approved by the selection committee.
There are three callings for projects during the year. The first one in January, the second one in April and the third in October.
Once the entrepreneur has enrolled, the G-Accelerator office will arrange the first mentoring session.
The first meeting is held with the program coordinator with a primary objective of understanding the entrepreneur’s current situation.
The discussion is likely to be wide-ranging in order to gain an generalized idea on the situation as complete as possible and to identify the most critical action areas. Based on the information attained, G-Accelerator will bring in additional mentors and the mentoring team will evolve session by session. Meeting frequency is up to the entrepreneur. The program's director will follow along throughout the mentoring process.
Though G-ACCELERATOR is responsible for matching appropriate mentors and entrepreneurs, the decision to form a relationship remains with the prospective mentor and entrepreneur.
To apply, complete and submit the Venture Application Form. All identified proprietary information provided by applicants will be kept strictly confidential by GBSB Global/G-Accelerator program.
Any accompanying materials can be submitted to g-accelerator@global-business-school.org
We will review your form and if additional information is required, In case your application is accepted, you will receive an enrolment packet by e-mail within a couple days of applying. The materials in this enrolment packet will describe the rules and procedures of the G-Accelerator program. There is also an acknowledgement and release form for you to sign.
