Arvato to be fostering the most disruptive tech start-ups
The international technology service provider Arvato is taking part in the Lab353 Accelerator, a brand new initiative seeking 10 of the most promising tech start-ups to provide them with profound consulting and a funding of up to $1 Million dollars each.
The exclusive program is hosted by the Silicon Valley Group and eircom Business Solutions and is open to young technology enterprises in the mobile, cloud or IoT (Internet of Things) space with the ambition to scale their operations globally. Based on its European perspective, Lab353 addresses start-ups who want an entry to the Irish and European market, as well as Irish companies aiming at the US.
Alongside other technology-based companies, Arvato will be serving as a mentor over a 10 week intensive program for the participants, providing them with all support a young company needs. That includes access to facilities, technology development services, strategic management consulting, services regarding corporate, legal and tax issues and finally the opportunity to pitch their ideas to international investors.
“Sharing in Arvato’s vast knowledge in pushing new technology through the physical and digital supply chain we value the opportunity to bring that expertise and be a mentor to up and coming tech start-ups participating in LAB353”, said Patrick Manders, VP Global Solution Design, Arvato digital services.
Participants will experience workshops and discussions with mentors, entrepreneurs, angel investors, legal experts, venture capitalists, investment bankers and others in a variety of forums. At the end, each selected start-up is expected to have a solution with the potential to be deployed into the business of one of the LAB353 partners.
“We are pleased to announce that Arvato will be partnering with SVG Partners on LAB353. They bring a vast global capability set that will add tremendous value to both the program and participating companies”, said John Stanton, Presidents & General Partner, SVG Partners.