Startups in the fields of entertainment, digital media or e-commerce, can apply until July 15th with the accelerator starting on September 1.
Participating companies will receive €25k in seed funding, office space at ProSiebenSat.1’s headquarters in Munich/Unterfoehring, access to the media company’s infrastructure, in an individualized coaching and mentoring program.
In return, ProSiebenSat.1 receives a 5% equity stake in each company.
In addition, one of the participating startups will receive a “wild card” to present its business idea at the SevenVentures Pitch Day at NOAH Conference in London, where TV advertising time worth €7m will be awarded.
The companies participating in the first round of the P7S1 Accelerator, which started on April 1st, 2013, are:
– ampido, a parking lot finder app
– DreamaTV, an online-TV network
– get2play, an e-learning platform for music
– Talentry, a social headhunting service
– Tickethelden, a music-dating app
– moosify, a ticketing service
They are now preparing for the “Demo Day” on July 24, which will end the P7S1 Accelerator program.