Startupbootcamp Launches Barcelona-Based IoT Accelerator

TechCrunch

Hola Internet of Things! Startupbootcamp, the pan-European accelerator based loosely on the Techstars model, has opened applications for a new program in Barcelona dedicated to accelerating IoT and related ‘Big Data’ startups.

Teams can apply from anywhere in the world but must be willing to move to the Spanish city for the three-month bootcamp-styled program, which doesn’t kick off until early next year and provides the usual mix of mentoring, product and business development, and pitching in front of investors — as well as €15,000 in funding in return for 8 per cent equity.

Specifically, Startupbootcamp’s new program is targeting consumer and business-focussed startups that are taking advantage of the huge increase in connected devices — citing a recent forecast from Cisco that 25 billion devices will be connected to the Internet by 2015, rising to 50 billion by 2020 — as well as the platforms that are enabling…

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