Banco Sabadell has selected five innovative startups as part of the second call for its acclaimed high-performance business program, BStartup 10. This program, designed to boost technology startups, stands out for combining financial support and a business acceleration plan developed together with recognized experts, such as the technological entrepreneur Didac Lee. Each of the selected companies will receive an investment of 100.000 Euros divided between direct contribution and a valuable training and strategic program.
The structure of the BStartup 10 program
The BStartup 10 program is a unique bet in the Spanish business scene. Its main objective is Support disruptive projects with high growth and scalability potential both nationally and internationally. Banco Sabadell not only invests financially in these emerging companies, but also provides specific tools for their strategic development.
The team behind BStartup 10 includes multidisciplinary professionals from the bank along with the support of the team of inspirit, led by one of the most prominent mentors in the European technological field, Dídac Lee. With this approach, Banco Sabadell seeks to transform innovative ideas into consolidated and competitive companies in global markets.
Within the framework of the program, Banco Sabadell takes a shareholding of 5 to 15% of the share capital of the selected startups. The investment is broken down into: 70.000 € in direct capital and the equivalent of 30.000 € in high-impact business services and consulting.
Furthermore, BStartup is not limited to financing alone. The initiative also encourages the integration of startups into the bank's innovation ecosystem through synergies that include open innovation, exploring how these solutions can integrate or complement the bank's current and future operations.
The selection process: Rigor and excellence
The prestige of BStartup 10 lies, to a large extent, in its exhaustive selection process. From a total of 356 applications submitted, a Technical Committee initially evaluated a dozen projects according to key criteria such as:
- The level of technological innovation and originality of the proposal.
- The viability of the human team in charge of the project.
- The scalability of the product or service and its ability to generate interest among other investors in the medium term.
- Target market validation and the potential impact of the startup.
Finally, an investment committee, made up of bank executives and experts from the entrepreneurial ecosystem, selected five outstanding projects to participate in the program. The aim is to ensure that the chosen companies not only promise results, but also have the tools and knowledge necessary to achieve them.
The five startups selected in this call
Talent and innovation were the fundamental pillars in determining the five selected projects. These are the chosen startups:
- Arima-Hdiv: A revolutionary solution focused on web application security. It automates protection against attacks and vulnerabilities using advanced technologies. opensource and business versions adapted to large companies.
- Hey please: An app designed to revolutionize hospitality services. It allows users to order, pay and manage promotions from their mobile devices, streamlining the experience for both customers and establishments.
- Signature: It provides a legally valid and simple digital signature system that does not require additional installations. This service is emerging as a key tool for digital transformation in companies in all sectors.
- Testament: It offers the possibility of making wills online in an agile and economical way, with a comprehensive service that includes specialized legal advice.
- Wesmartpark: An innovative platform that optimizes the use of unused parking spaces, facilitating their rental at competitive prices and benefiting both owners and drivers.
Impact and benefits of the BStartup 10 program
Since its creation in 2013, BStartup has been a catalyst for innovation in Spain. To date, it has supported more than 150 startups, investing directly in the capital of many of them. Its approach 360 º allows companies to have the support of specialized financial products, assistance in fundraising and access to strategic networking networks.
Furthermore, the program not only benefits the startups that participate directly, but also generates an impact on the entrepreneurial ecosystem by fostering collaboration between emerging companies and established corporations.
The hybrid investment model that combines financial capital and business acceleration services has proven to be crucial in providing startups with the necessary tools to compete in global markets, consolidating Banco Sabadell as a benchmark in supporting startups and scale ups.
In an increasingly competitive and globalised business world, Banco Sabadell's commitment to innovation and entrepreneurial talent stands out as a fundamental pillar for moving towards a more dynamic and sustainable economic model.