Buildit Accelerator
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Buildit Accelerator

http://www.buildit.lv/
Last activity: 25.09.2024
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Buildit is an accelerator for new global success stories in hardware and creative industries and health-tech. Buildit is the first accelerator in the Baltic States and Nordic countries with a focus on physical devices (hardware in combination with software).

Buildit offers an intense programme specifically designed for creative industries and hardware startups from all over the world.

Key areas covered during the four week main programme are:

- strategies for business idea validation
- design thinking
- product design and development
- product-market fit
- sales and marketing
- fundraising and legal issues
- pitch training

Teams will also have regular meetings with our mentors and visit different manufacturing plants and design agencies with plenty of networking and socialising thrown in for good measure.

Teams from abroad are recommended to participate in the intro weeks preceding the main programme to get adjusted to life in Tartu. Startups are offered free co-working space in the city centre of Tartu, with access to different prototyping tools.

Teams get free and discounted services from our partners - that includes development tools, design services, legal and accounting services & many more.

For participation in the programme Buildit will receive 3% in advisory shares. To cover their living expenses during the programme, every team receives a 3000 EUR investment.

Teams who show commitment and dedication will be chosen to a follow-on programme that is tailor-made to the specific needs of each team. Additional investment is also available at this stage.

Apply at www.buildit.ee

Enterprise Estonia and the European Union Regional Development Fund are supporting the Buildit Creative Industries programme.
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Mentions
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Location: Latvia, Vidzeme, Riga
Employees: 1-10
Founded date: 2013
Investment Type: Venture Capital; Accelerator
Investment Stage: Pre-Seed; Seed

Mentions in press and media 16

DateTitleDescription
25.09.2024Investor Showcase: Buildit – leading the way in Industry 4.0 investmentsWith the recent news that Buildit was chosen by Altum as one of the three fund managers to oversee and invest €62 million of public and private funding, it’s clear that Buildit is on the precipice of exciting changes. Buildit will soon laun...
23.10.2023Latvian biotech SpirulinaNord closes €600K funding roundLatvian biotech SpirulinaNord closes €600K funding round 23 October, 2023, 16:53 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> SpirulinaNord, the startup that provides drinks fr...
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25.04.2023TechChill Fifty Founders Battle semi-finalists announced – fighting for more than €350KThe 50 startups will be competing in a pitch battle at the TechChill conference on April 27-28 in Riga, Latvia, vying for a total of €350K in prize money. The Fifty Founders Battle saw over 250 applications from more than 30 countries, mak...
04.03.2023Startup Showcase: Buildit Accelerator – Helping Hardware and IoT Startups Reach Their Full PotentialBuilding a successful hardware or IoT startup can be a challenging task, but Buildit Accelerator is here to help. Based in Riga, Riga, Latvia, Buildit is the first accelerator in the Baltic States and Nordic countries with a focus on physic...
17.11.2022Where is TechHub Riga now?The last time we wrote about TechHub Riga , it was being evicted from what it hoped would be its forever home, the so-called Startup House at the ex-University of Latvia Faculty of Biology on Kronvalda Bulvāris 4. Since then, there’s been r...
09.11.2022Post-pandemic reality in Latvia – what stuck and what's “normal” againWe took a look at the local startup ecosystem to see what did and what didn’t settle in the digital reality – from workplaces to events, coworking, and acceleration programs. When Covid-19 was still in full swing, everyone speculated what t...
14.03.2022Latvia’s Naco fuelled with €1.5 million to drive green hydrogen revolutionWith the EU looking at building its global leadership in manufacturing green hydrogen, companies here are rapidly switching to renewable energy. To generate hydrogen, they are now building electrolyzers using noble metals and other material...
08.10.2021Investments double in Latvia-based smart materials and photonics companiesInvestments double in Latvia-based smart materials and photonics companies Fri, Oct 08, 2021 10:00 CET Latvia's smart materials and photonics industry has been punching above its weight on the global stage and shows no signs of slowing, see...
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