Grow 1 year in 10 weeks

We help founders understand better the problems they are trying to solve and the solutions they are building.

Grow 1 year in 10 weeks

We help founders understand better the problems they are trying to solve and the solutions they are building.

What’s Lisbon Challenge?

What do we do

Lisbon Challenge is Beta-i’s mentorship-driven acceleration program, as a matter fact it’s our flagship program. Over the course of 10 weeks we challenge your assumptions to uncover your true superpower.

We will dive deep into the most developed innovation methodologies to better understand the problem, find the right solution and bring you closer to product market fit.

Each program leads to an Investment Day where you get to share your journey with investors. From then on, you will also be able to take the most of  LC alumni, an ongoing support network for founders.

LC investment partners offer 70K for 7%* of equity. The investment is done in two tranches: 15k for 2%* to all startups joining the program, and 55k for 5%* after the program for the startups that “rise up to the challenge”.

*post money

Heading in the right direction from the beginning will set you apart from your competition.

WHAT WE ARE LOOKING FOR

Do you fit?

Entrepreneurs with experience or considerable knowledge in the sector

Tech software oriented

Market interest validation though identified or potential customers

Global market potential

Working MVP

2-4 founders with at least one technical founder

“I think it has been the best-organized accelerator process that we’ve been to, compared to BGI and even to TechStars. I’m not sure how Beta-i did it.”

Federico Cismondi, DoDo

Values

We believe that the secret in choosing the right startups to back derives from picking the right team.
That’s why we’ll always be looking for entrepreneurs that share and embody these values.

THE EXTRA VALUE: NEVER RETREAT IN BATTLE

Diversity

Challenge yourself with diverse ideas and backgrounds, taking all different points of views to make a difference.

Transparency

Be transparent with yourself and others. It denotes openness, communication, and accountability and it’s a key ingredient for self-improvement.

Egoless confidence

Belief in yourself. Stay curious with a relentless interest in self-improvement. Tame your ego when confronted with diverging reliable information.

Social consciousness

Stop for a second, think what impact your actions have on society, how can you maximize this and act upon it.

learn more in what we believe in

more on values

How it Works

For 10 weeks, up to 15 startups will be joining us in Lisbon, one of the most vibrant startup ecosystems. Alongside founders from all parts of the world and with the support of our pool of amazing mentors, we will push your ideas forward and challenge you to be in the perfect shape by Investment Day, when you share your journey with investors.

Timeline

Applications: 15th July until 9th September

LC Fall 2018: 10th Oct until 14th Dec

Validation

What do you know and see that no one else does?

P.S. “Never ASSUME, because you’ll make an ASS of U… and ME.” Jerry Belson

Product and Tech

How is your solution to solving the given problem better than any other out there? Do you need help to define a roadmap for product market fit? Let’s dive deeper into your solution and the technology behind it.

Growth

What metrics matter to your startup? How to talk to customers and making sure that they won’t leave after trying your product (retention)?

Investment

How to get investors to listen to you? What to say and what not to say. Let’s make sure you are prepared to get the investments you want.

The program finishes with Investment Day pitching to investors.

Management

You are building a company let’s think on how do you run it? Spoiler: Even more on business skills in the alumni academy, how do you hire, build a culture and manage your growing team?

Portfolio Management

(6 months after the Program)

  • investment
  • incubation
  • free office space
  • additional mentorship
  • product optimization
  • Growing initial paying customers

Benefits

Why should you apply

Mentors

learn from people who have done it, are still doing it and are at the top of their game

Community

connecting, learning and sharing with peers.

Epicenter of the ecosystem

Investors, open innovation pilot projects, corporates etc.

Product market fit

Help startups define roadmap for product market fit

Customer Retention

Sharing best practices to achieve measurable results

Fast track to pilot programs

(like Protecting, The Journey, SOL, Free Electrons)

Alumni network and academy access

It’s not just about the 10 weeks. Once you get in the network, you have access for life.

Investment

Investment partners offer a pre-seed funding up to 70k for 7% equity

LC in numbers

Since 2013

+4000

Startup Applications

+200

Startups Accelerated

+20

Vertical Industries

+120

Active Startups

+50

Different Countries

75%

International Participants

+500

Mentors Engaged

+60M

Raised by Startups

LC in numbers

Since 2013

+4000

Startup Applications

+200

Startups Accelerated

+20

Vertical Industries

+120

Active Startups

+50

Different Countries

75%

International Participants

+500

Mentors Engaged

+60M

Raised by Startups

Alumni | LC Spring ’18

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Honest

Honest helps online merchants to deliver great personal shopping experiences.

The Problem being solved
Digital e-commerce connected shoppers and products but it left salespeople behind.

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Predict Churn

Analytics platform to anticipate the possibility of cancellation of a subscription service.

The Problem being solved
Saas companies spend a lot of money to acquire new customers so they don’t want to lose them.

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Triad Health AI

Sociatriad health ai is a smart speaker platform that helps people with Parkinson’s to stay fit and independent using exercises that combine movement, voice, and cognition.

The Problem being solved
The proven way to slow down the progression of Parkinson’s is by frequent exercising. Keep exercising on a regular basis is the key.

Shareacar

Shareacar is a peer to peer car sharing platform.

The Problem being solved
For car owners – owning a car is a large bill, several associated costs (insurance, maintenance… Cars are parked 90% of the time.

For travelers – Bad experiences with traditional car rental. Hidden fees, never-ending lines, price fluctuations.

SCUBIC

Smart software solutions for water utilities.

The Problem being solved
Water utilities have large Energy costs for transporting water from the source to the final consumer.

Wall-i

Wall-i helps marketing managers to launch cheaper digital out-of-home advertising campaigns to segmented audiences with metrics to measure ROI.

The Problem being solved
Digital agencies advertise on out of home platforms that don’t provide any metrics nor segmentation and are expensive.

Alumni

Sparkl

learn from people who have done it, are still doing it and are at the top of their game

Luvotels

connecting, learning and sharing with peers.

City Check

Investors, open innovation pilot projects, corporates etc.

Monitorfish

Help startups define roadmap for product market fit

Success Stories

Sparkl

learn from people who have done it, are still doing it and are at the top of their game

Luvotels

connecting, learning and sharing with peers.

Mentors

Access to a network of mentors, that will, more than sharing their insights and expertise, challenge your assumptions and inspire you by the example of what they achieved

Jaime Jorge

Co-founder and CEO @ Codacy

Nuno Pimenta

Industry Head – Start-Ups, Retail & Travel @ Google

Andrew Hughes

Co-Founder of multiple companies, Angel Investor

João Montenegro

Founder & Product Design @darkmatter 

Luis Calado de Sousa

Technical Evangelist / Startup Lead @ Microsoft

Miguel Santo Amaro

Co-founder @ Uniplaces

Vasco Pedro

Co-Founder & CEO @ Unbabel

Marcelo Lebre

VP of Engineering @ Unbabel

Daniel Araújo

Co-founder & CEO @ Attentive

Celso Martinho

Founder & CEO @ Bright Pixel

Vijaykant Nadadur

Co-Founder & CEO @ Stride.ai

“Being surrounded by other startups helped push us to work hard, to learn how to build a business and allowed us to benefit from the vast community in Lisbon.”

Steffen Maier, Impraise

Team

Eduardo Sette Camara

Lisbon Challenge Program Director

Lucie Hajkova

Lisbon Challenge Program Manager

Gualberto Pastor

Network Evangelist

Pedro Falcão

Managing Partner / LC Ventures

Pedro Rocha Vieira

Cofounder, CEO @ Beta-i

Manuel Tânger

Cofounder, Head of Open Innovation @ Beta-i

Ricardo Marvão

Cofounder, Head of Education @ Beta-i

Partners

Investment Partners

Acceleration Partners