Climbspot arrives , the incubator aimed at turning the ideas of entrepreneurs into startups capable of launching their first minimum viable product on the market. Focusing on the ‘ pre-seed ‘ phase, the main value proposition for entrepreneurs is based on supporting them with teams of professionals who complement them at the start of their project, thus solving one of the main problems of this type of startup.
The incubation program will also have no associated costs for the entrepreneurs, but will be covered by its own vehicle that will provide the necessary financing so that the chosen projects can have the necessary resources, in exchange for a stake in the company under the model ” work for equity ”.
The new incubator, with a team of more than 12 people, has been launched by four founders with more than 15 years of experience in the field of entrepreneurship, innovation and digital transformation. Among them, Juan Carlos Milena (director), who has worked for companies such as bdeo , Intelectium , CDTI, Microsoft or Repsol; Eduardo Bernabé (IT director), responsible for technological projects for clients such as Bnext , Cambridge Institute , Mapfre, Adif or Movistar; Ángel Luis Quesada (director), CEO of Kubide technology Builder and serial entrepreneur on various projects including Onyze ; and Pedro Jareño (director), founder of benchmark startups such as minube or moty (sustainable mobility), and who has held different roles in promoting entrepreneurship at Microsoft and currently works for LinkedIn.
New model: “ Work for Equity ”
Climbspot ‘s incubation program lasts 8 months, and seeks to cover the four essential phases to turn an idea into a minimum viable product (MVP) and launch it on the market.
The main difference with respect to other programs will be the accompaniment of a specialized team that will work together with them in the conceptualization and design, will provide their own team for technological development and will advise them on the marketing launch and validation of the first metrics in the market. . To which is added a powerful team of mentors, including active managers of startups and large corporations.
In exchange for being part of this incubation program, the entrepreneurs will give entry through a percentage of equity to both the investment vehicle and the mentors who will accompany them during this process.
The 100% financing of the program is possible thanks to a fund under construction that has already exceeded 200,000 euros, supported, among others, by the BigBan network Angels and various Spanish family offices.
