Built for people.
Challenge your assumptions. Grow as an individual. Build your vision and the team behind it.
WHAT IS LISBON CHALLENGE?
What we do
We believe that the path to success is a consequence of the foundations you set and the vision you build through the daily work you put in.
Lisbon Challenge is the acceleration program focused on the people behind the startup, designed to hone your skills and prepare you to face the challenges ahead.
Heading in the right direction from the beginning will set you apart from your competition.
“Beta-i believed in our vision from day one. They really helped us kick-start our business.”
Benefits
Why you should apply
People Centric Approach
Having a startup is probably the toughest business there is. You’ll be constantly challenging your own assumptions, facing inconvenient truths and constant “no’s”. Our methodology is focused not only on growing your business but also in preparing you to transform difficulties into learnings and to see problems as opportunities.
Mentorship-driven Program
Get feedback and inspiration from the people that already did it. Learn with their successes, avoid their mistakes and take advantage of their established network.
MOST DEVELOPED INNOVATION METHODOLOGIES
A better understanding of the problem you’re solving and the solution you’re building will bring you closer to product market fit.
FAIR INVESTMENT OPPORTUNITY
Lisbon Challenge investment partners offer 70k for 7% of equity. The investment is done in two tranches: 15k for 2% to all startups joining the program, and 55k for 5% after the program for the startups that “rise up to the challenge”.
INVESTMENT NETWORKING
Each program leads to an Investment Day where you get to show your growth and build relationships with potential future investors.
ALUMNI PROGRAM
Once you join Beta-i it only gets better. Our Alumni Program is the right partner for your startup and for life.
BETA-I INNOVATION ECOSYSTEM
Beta-i is focusing on developing a strong ecosystem where entrepreneurs, startups, corporations, investors, institutions, and governments are working hand-in-hand. Our alumni are an important part of our family and constantly encouraged to be part of it.
FAST TRACK TO CORPORATE PILOT PROGRAMS
Beta-i organizes 10+ Corporate Programs per year – our startups are in the front line to apply to those programs. From Protechting, to SIBSPayForward or Free Electrons.
Ready to join?
Values
We believe that the secret in choosing the right startups to support derives from picking the right team.
That’s why we’ll always be looking for entrepreneurs that share and embody these values.
THE EXTRA VALUE: NEVER RETREAT IN BATTLE
DIVERSITY
Challenge yourself with diverse ideas and backgrounds, taking all different points of view to make a difference.
TRANSPARENCY
Be transparent with yourself and others. It denotes openness, communication, and accountability and it’s a key ingredient for self-improvement.
EGOLESS CONFIDENCE
Believe in yourself. Stay curious with a relentless interest in self-improvement. Tame your ego when confronted with contrasting reliable information.
SOCIAL CONSCIOUSNESS
Stop for a second, think what impact your actions have on society, and how you can optimize this and act upon it.
Learn more in what we believe in
“I think it has been the best-organized accelerator process that we’ve been to, compared to BGI and even to TechStars. I’m not sure how Beta-i did it.”
WHAT WE ARE LOOKING FOR
Do you fit?
Entrepreneurs with experience or considerable knowledge in the sector
Tech software oriented
Market interest validation through identified or potential customers
Global market potential
Working MVP
2-4 founders with at least one technical founder
How it Works
For 10 weeks, up to 15 startups will be joining us in Lisbon, one of the most vibrant startup ecosystems. Alongside founders from all parts of the world and with the support of our pool of amazing mentors, we will push your ideas forward and challenge you to be in perfect shape by Investment Day, when you share your journey with investors
LC SPRING 2019
Applications Start: Now
Applications End: 3 Feb 2019
Batch Announcement: 1 Mar 2019
Program Start: 8 Apr 2019
Program End: 14 Jun 2019
Validation
What do you know and see that no one else does?
P.S. “Never ASSUME, because you’ll make an ASS of U… and ME.” Jerry Belson
Product and Tech
How is your project solving the given problem better than any other out there? Do you need help to define a roadmap for product market fit? Let’s dive deeper into your solution and the technology behind it.
Growth
What metrics matter to your startup? How should you talk to customers and make sure they won’t leave after trying your product? (retention)
Investment
How should you get investors to listen to you? Learn what to say and not to say. Let’s make sure you are prepared to get the investments you want.
The program finishes with Investment Day pitching to investors.
Management
You are building a company, how do you run it? Spoiler: more on business skills in the alumni academy, how do you hire, build a culture and manage your growing team?
Portfolio Management
(6 months after the Program)
- Investment
- Additional Mentorship
- Product Optimization
- Growing Initial Paying Customers
“Attending the Lisbon Challenge gave us the opportunity to review our strategy and explore new ideas. Today, in addition to having a better product, we feel more prepared for the market. Thanks so much for all the learning, mentoring and the chance to meet so many amazing people!”
LC in numbers
Since 2013
+4300
Startup Applications
+210
Startups Accelerated
105
Startups Invested
+20
Vertical Industries
+140
Startup Applications
+50
Startup Accelerated
75%
International Participants
+500
Mentors Engaged
+75M
Raised by Startups
LC Fall ’18 . Alumni
AI-Poli
Internet and information freedom is great. Everyone online is an expert. Who do we trust?
ALL BLOCK
Nowadays, companies are not isolated entities, but a part of a big complex network of businesses. Especially for global industries like automotive and fashion, where the supply chain is scattered across the globe and so is the relevant information.
ATTILA AI
The banks lost personal contact with their customers, as nowadays consumer doesn’t have to go to the bank to get transactions done.
No personal communication leads to no personal understanding.
CHRONOSLEX
CHRONOSLEX® is a management, mobile-friendly platform that automatically counts legal deadlines for litigation lawyers.
The Problem being solved
For any court case, lawyers perform multiple tasks. Each task has to be completed within a deadline established by law. More than 20 variables influence the deadline count. Just one incorrect count can be fatal, resulting in fines, loss of reputation and clients.
CURIOUS TECHNOLOGY
Curious provides affordable, agile and non-intrusive predictive maintenance solution analyzing operational sound using only one microphone directly on the machine.
The Problem being solved
Current predictive maintenance demands to install a lot of sensors on the machines, which makes it expensive, complex and intrusive.
EMJOGO
EMJOGO is a cloud-based platform that aims to improve the management and communication of sport clubs by keeping all information about each athlete from all stakeholders at one place.
The Problem being solved
Across the world, amateur and semi-professional sports clubs, that present vast majority of clubs, focus on growing talents. To do so, they need to manage information about them that comes from a number of stakeholders – academic, sport, clinic, psychology, finance.
MUSIVERSAL
Musiversal is an online platform that empowers any music producer to record high-quality music with internationally recognized orchestra by sharing recording sessions.
The Problem being solved
The amount of music being created is higher than ever and every music producer desires his/her music to be recorded by a live orchestra, regardless of the music genre.
NID HUMAN
NiD Human is an online platform that helps marketing agencies get their projects done on time and with the right usability freelance designers.
The Problem being solved
Usability is a hot topic as $1 invested brings $100 ROI, which catapulted usability freelance designers among the 5 most wanted profiles. Brands use marketing agencies to deliver projects with UX mindset. Each project demands to be done by the best team and on time.
PEEQ
Peeq is an all-in-one child care platform which connects parents and day care centers, bringing parents closer to their children even when they’re away.
The Problem being solved
During the first 3 years of life, a child spends over 4.000 hours in a daycare — that’s more than 6 months of unforgettable moments lost by their parents.
LC Spring ’18 . Alumni
Predict Churn
Predict Churn analytics platform anticipates the possibility of cancellation of a subscription service.
The Problem being solved
Saas companies spend a lot of money to acquire new customers so they don’t want to lose them.
HONEST
Honest helps online merchants to deliver great personal shopping experiences.
The Problem being solved
Digital e-commerce connected shoppers and products but it left salespeople behind.
SOCIAL GRID
Social Grid combines ai with human analysis to help brands reach highly engaged customers by granting access to a hand-picked network of digital influencers.
The Problem being solved
Brands struggle finding the right digital influencers and measuring the results of their campaigns.
TRIAD HEALTH AI
Triad Health AI is a smart speaker platform that helps people with Parkinson’s to stay fit and independent using exercises that combine movement, voice, and cognition.
The Problem being solved
The proven way to slow down the progression of Parkinson’s is by frequent exercising. Keep exercising on a regular basis is the key.
Shareacar
The Problem being solved
For car owners – owning a car is a large bill, several associated costs (insurance, maintenance… Cars are parked 90% of the time.
For travelers – Bad experiences with traditional car rental. Hidden fees, never-ending lines, price fluctuations.
SCUBIC
Scubic creates smart software solutions for water utilities.
The Problem being solved
Water utilities have large energy costs for transporting water from the source to the final consumer.
WALL-I
Wall-i helps marketing managers to launch cheaper digital out-of-home advertising campaigns to segmented audiences with metrics to measure ROI.
The Problem being solved
Digital agencies advertise on out of home platforms that don’t provide any metrics nor segmentation and are expensive.
Alumni
Uniplaces
Portugal
uniplaces.com
Orankl
Portugal
orankl.com
amplemarket
amplemarket.com/
360 imprimir
Portugal
360imprimir.pt
Stride.ai
India
stride.ai
pakket mail
Netherlands
pakketmail.nl
xceed
Italy
xceed.me
Attentive
Portugal
attentive.us
Remidi
Italy
remidi-pro.com
eat tasty
Portugal
eattasty.com
visor.ai
Portugal
visor.ai
Infraspeak
Portugal
infraspeak.com
Success Stories
Impraise: Fundamentally changing open communication and trust within teams.
Founders:
Steffen Maier, Bas Kohnke, Arnaud Camus, Filipe Dobreira
HQ:
Amsterdam, The Netherlands
Edition of Lisbon Challenge:
2013
The essence of what they do:
Impraise is The People Enablement Platform and their belief is: grow your people, grow your business. Impraise allows your teams to be in the driver’s seat of their own performance and development by facilitating the exchange of feedback, creating alignment on goals, and supporting lightweight check-ins.
Currently, they have 170 clients, from small tech companies to large enterprises, including Bynder and Bugaboo, using the tool.
HOT NEWS
Impraise Lands Series A Investment of $10.6 Million to Fix ‘Broken’ Performance Reviews
businesswire.com
Download all the Success Stories (pdf):
Mentors
Access to a network of mentors who will – more than share their insights and expertise – challenge your assumptions and inspire you.
Being surrounded by other startups helped push us to work hard, to learn how to build a business and allowed us to benefit from the vast community in Lisbon.
PARTNERS
Investment Partners
Acceleration Partners
