Title: EU-XCEL European Virtual Accelerator

The project’s mission was to:

• Increase the number of incubator-ready tech entrepreneurs across Europe
• Encourage cross-European entrepreneurship collaboration across the digital economy
• Develop a network of tech-creative physical and virtual entrepreneurship spaces across Europe
• Prototype and roll-out an EU-XCEL Virtual Accelerator platform of tools and supports to empower teams to develop real products of promise
• Provide fast-track access to new markets through networking and pitching opportunities in new countries
• Incentivize and inspire the next generation to pursue professional careers in tech-entrepreneurship

With an action plan to:

• Deliver a week-long intensive entrepreneurial training named “Start-up Scrum” across the six European countries of Ireland, Denmark, Germany, Greece, Poland and Spain
• Provide online mentoring and technical supports to EU-XCEL teams to develop their start-up ideas through a bespoke European Virtual Accelerator
• Select the best start-up scrum teams to compete in an EU-XCEL Ultimate Challenge Final where they will pitch to leading venture capitalists, angel investors and successful entrepreneurs

Ultimately, the EU-XCEL European Virtual Accelerator was seeking to identify and empower aspiring young tech entrepreneurs to become ‘incubator ready’ with real products of promise in the areas of:

• Internet of Things;
• Health Informatics;
• Big Data
• ICT4Development;
• Predictive Analytics; and
• E-/M-Commerce.

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