The first money in
for great founders

10k for 1,5% equity to build and lanch in 10 weeks

4th April to 12th June

Investors day at

Lisbon Challenge is a pre-seed accelerator based in Lisbon that funds 10K for 1.5% equity, to help startups build and launch their product in 10 weeks.

FUNDING

We offer a pre-seed funding of 10k for 1.5% equity.

MENTORING

We bring on experience entrepreneurs and market experts to mentor start-ups.

STRUCTURE

We give you the structure you need to grow a solid founding team.

VALIDATION

We focus on problem-solution fit and validating your minimum viable customer segment.

P-M FIT

We help you define your roadmap for product market fit.

HOW IT WORKS

Applications will be open from the 1st of March to the 15th of July. You can apply online and make sure you get a chance to visit us at Beta-i or catch up with us when we are on the road scouting.

ACCELERATION

(April 4 – June 12)

Up to 10 startups will be selected and will be funded 10K to spend 10 weeks building and launching their product. There are 4 stages:

VALIDATION

problem and minimum viable customer segment validation

PRODUCT

Product development,  market launch & biz dev opportunities

LAUNCH

Launching your product and focusing on gaining first customers / users

INVESTMENT

Nailing your pitch and solid investment deck

INVESTORS DAY

(June 6)

Pitch your startup to investors at the Lisbon Investment Summit June 2018, and network to start building relationships for your next round.

Are you really up to it?

Global Yet Local

numbers from our last 7 editions

Some of the investors in LC Alumni

360 Capital Partners, 500 Startups, Atomico, Caixa Capital, Faber Ventures, Octopus, Portugal Ventures, LC Ventures,Right Side Capital,Rising Ventures, Management,Seedcamp, Shiling Capital Partners, Startup Bootcamp, Techstars &Y Combinator.

Transparency

Because we want to help you in ensuring that you do not waste your time nor that you create unrealistic expectations, we have tried to be as clear as possible in terms of what we are looking for and what we won’t consider. If you have any doubts, contact us first.

WHAT WE CONSIDER

At least 1 tech & 1 businessco founder. Founders that have startup experience. No previous investment on that product. Product on prototype or early MVP stage Looking for initial funding to kick-start product development. Founders with a strong technical product

THE FUTURE IS IN

INDUSTRIES:

Fintech, Telecoms, Retail, Enterprise, Industry 4.0, Mobility

SECTORS:

IoT, AI, Machine Learning, AR/VR, Blockchain, Big Data, Analytics, Cloud Computing, Security

FOUNDERS:

hustlers, developers, second-time founders, investment-product driven

GEOGRAPHY:

European teams

Perks & Funding

At the end of the acceleration phase, a selected number of start-ups will have the opportunity of receiving:

ADDITIONAL FUNDING OF 50K FROM THE LC FUND
6 MONTHS FREE OFFICE SPACE

Acceleration Partners

Our partners are your partners too, offering 200k € in services

Team

Isabel Salgueiro

Lisbon Challenge Program Director

Previously Product & Startup Manager, designing and implementing startup products within the acceleration programs at Beta-i. Also heading up the Alumni Program and Investor Relations.

Gualberto Pastor

Program Manager

An entrepreneur at heart, with professional experience in both the corporate – Philipe Moris International – and startup worlds, having gone through StartupBootcamp Program.

Pedro Falcão

Managing Partner / LC Ventures

LC Ventures manages the first global hands-on, accelerator investment vehicle based in Portugal. The portfolio is comprised of innovative tech startups from Europe, North and Latin America.

Pedro Rocha Vieira

Co-Founder & CEO Beta-i

Pedro hosts and mentors SeedCamp Lisbon, facilitates and co-directs Startup Weekend Lisbon, and was the co-director and mentor of the 1st Founder Institute Lisbon, in addition to several other mentoring initiatives.

Manuel Tânger

Co-Founder & Chief Open Innovation Officer Beta-i

Co-Founder and Head of Innovation of Beta-i, Manuel is a physicist with an Msc in Technological Physics from Instituto Superior Técnico in Lisbon.

Ricardo Marvão

Co-Founder & Chief Education Officer Beta-i

Ricardo worked several years for the European Space Agency in Earth Observation & Scientific missions in Germany and later for Inmarsat in London, a major satellite telecommunications company, besides working in Boston with MIT-Portugal.