Springboard Mobile combines investment capital with an intensive 13 week mentor-led accelerator programme. Springboard is based at Google Campus in London, and is aimed at ambitious and scalable startups from UK and overseas.
In addition to fantastic office space, Springboard Mobile also provides seed capital, over $150k of free services, and most importantly on site, one to one support from over 100 high calibre experienced entrepreneurs and investors throughout the programme plus access to a wider network of mentors and partners. Springboard Mobile ends with an Investor Day where the teams present their proposals to an audience of Angel Investors and Venture Capitalists.
Springboard Mobile is entirely funded by 10 angel investors, most of which have built landmark mobile companies. The Springboard Mobile angels include mobile entrepreneurs such as Russell Buckley (Admob – sold for $750MM), Harry Dewhirst (Amobee – sold for $321MM) and Ben Barakas (co-founder Admeld – sold for $400MM), with support from over a hundred leading mobile, technical, financial and business mentors from around the world.
Annually, Springboard Mobile invests in 10 companies with founder friendly investment terms for 6% founder equity. Springboard has introduced a new option for teams that are already funded or have revenue, who can participate in the programme with all the free services for only 3% founder equity.
Mobile entrepreneurs have until 8 July 2012 to compete for one of ten places on the programme. To apply for a place on Springboard Mobile