Madrid's Top 10 Startup Accelerators & Incubators [2021]

Madrid's Top 10 Startup Accelerators & Incubators [2021]

Are you looking for an accelerator program in Madrid?

According to the 2021 edition of the Tech Cities of the future, Madrid ranked as number six out of 31 European cities.

With more than 300 startups and over 100 coworking spaces, the Spanish city offers a huge potential for startups

If you're starting a startup in Madrid, you might be wondering what startup accelerators or incubators exist in the area. Here's the full list:

Best Startup Accelerators & Incubators In Madrid

# Accelerator/Incubator $ Loc. Apply
1 Wayra Euros 2... Munich,... Apply
2 IMPACT Accelerator €223K Madrid,... Apply
3 Top Seeds Lab €50K-€5... Madrid,... Apply
4 Fundación Repsol Up to €... Madrid,... Apply
5 Demium Startups €100K -... Athens,... Apply
6 Trenlab Up to €... Madrid,... Apply
7 Cuatrecasas Acelera Not dis... Madrid,... Apply
8 Startup Scaleup Not dis... Madrid,... Apply
9 Santalucia Impulsa Not dis... Madrid,... Apply
10 MasVentures Not dis... Madrid,... Apply

1. Wayra

  • Location: Munich, London, Barcelona, Madrid, and Brazil,
  • Industry: Telefonica & Technology Industry
  • Investment Size: Euros 250K
  • Program Length: Not Disclosed
  • Equity Taken: Not Disclosed

Wyra operates a business program that assists and helps entrepreneurs and startups who have disruptive ideas about science & technologies and wants to create opportunities and successful technical business firms.

The mission of this program is to help & connect Telefonica & technology disruptors on a global scale. They help them accelerate their businesses, find disruptive business solutions, investments, digital services, business perks, go-to-market strategies, and resources to grow & succeed.

The list of its portfolio startups includes 4iQ, Acamica, Adjust, Aerial, Airtime Rewards, Altiostar, and more.

Apply to Wayra, or learn more ➜

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2. IMPACT Accelerator

  • Location: Madrid, Spain
  • Industry: Robotics, Consulting, Education, finance, Impact Investing, Internet.
  • Investment Size: €223K
  • Program Length: 12 Months
  • Equity Taken: Equity-free

IMPACT Accelerator invests in the robotics, consulting, education, finance, Impact Investing, and internet sectors. The startup accelerator program invests between €100K and €225K equity-free capital and includes access to a 12 months incubator program.

The incubator program involves access to training and mentorship, and a global network of customers and like- minded entrepreneurs.

Apply to IMPACT Accelerator , or learn more ➜

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3. Top Seeds Lab

  • Location: Madrid, Spain
  • Industry: Travel tech, Travel, Finance, and IT sectors
  • Investment Size: €50K-€500K
  • Program Length: Not Disclosed
  • Equity Taken: 10%

Top Seed Lab accelerator program targets companies in the travel tech, travel, finance, and IT sectors. The incubator program includes up to €500K for 10% equity. The Accelerator program targets exceptional human teams with experience and great learning capacity.

Apart from financial support, the accelerator program includes vertical mentorship delivered by experienced mentors.

Apply to Top Seeds Lab, or learn more ➜

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4. Fundación Repsol

  • Location: Madrid, Spain
  • Industry: Low carbon, circular economy, and digitization for the energy sector
  • Investment Size: Up to €60K
  • Program Length: 12 Months
  • Equity Taken: *Not disclosed *

Fundación Repsol supports innovative startups with innovative solutions in low carbon, circular economy, and digitization for the energy sector.

The accelerator program targets the startups when they are at the pre-commercial stage, or aiming to bring their technological solutions to the market. Therefore, the Fundación Repsol accelerator program is ideal for the startups that are getting ready for the pilot trials with real customers.

Apply to Fundación Repsol, or learn more ➜

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5. Demium Startups

  • Location: Athens, Barcelona, Lisbon, Madrid, Malaga, Poland, Ukraine, Valencia.
  • Industry: Sector Agnostic
  • Investment Size: €100K - €500K
  • Program Length: 6 Months
  • Equity Taken: Equity-free

The Demium accelerator program seeks to take entrepreneurs and the existing business startups from the idea to the funding stage and beyond.

The accelerator program invests up to €500K and provides entrepreneurs through the investment journey. Ideally, the investors receive proper mentorship and assistance, preparing them to receive €100K in pre-seed investment.

Apply to Demium Startups, or learn more ➜

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6. Trenlab

  • Location: Madrid, Spain
  • Industry: IoT, Artificial intelligence, big Data, Blockchain, and augmented reality.
  • Investment Size: Up to €50K
  • Program Length: 9 Months
  • Equity Taken: *Not disclosed *

Trenlab is a startup accelerator program of Renfe in partnership with Wayra.

The accelerator program targets startups interested in disruptive technologies like IoT, Artificial intelligence, Big Data, Blockchain, and augmented reality. The program supports startups and innovative business projects with real possibilities of growth and scalability, products, and services.

Trenlab startup accelerator program comes with a cash prize of up to €50K, with a specialized mentorship program of between 6 to 9 months.

Apply to Trenlab, or learn more ➜

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7. Cuatrecasas Acelera

  • Location: Madrid, Spain
  • Industry: legaltech, fintech, deeptech, insuretech, healthtech, regtech
  • Investment Size: Not disclosed
  • Program Length: 4 months
  • Equity Taken: *Equity Free *

Cuatrecasas accelerator program targets early-stage and growth-stage companies within legal tech, fintech, deeptech, insuretech, health tech, regtech, and other areas. The equity-free Accelerator program gives startups access to alternative funding sources, business and technological mentoring. Moreover, the portfolio companies enjoy access to the alumni ecosystem, where entrepreneurs can exchange ideas. Unlike many other accelerator programs, the Cuatrecasas accelerator program features high involvement of partners and firm lawyers, who train the founders and startup owners on various disciplines relevant to their specific industry.

Apply to Cuatrecasas Acelera, or learn more ➜

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8. Startup Scaleup

  • Location: Madrid, Spain
  • Industry: IoT
  • Investment Size: Not disclosed
  • Program Length: 6 Months
  • Equity Taken: *Equity Free *

Startup ScaleUp is a six months accelerator program targeting IoT startups. The portfolio companies choose any of the ecosystems available when taking part in the program.

The Startup Scaleup program does not offer financial contributions to the startups. Instead, the startups enjoy access to tools and people that help speed up the process of bringing the IoT innovation to the market and to the clients.

Therefore, the program comes in the form of access to prototyping facilities that help with licensing, access to mass manufacturers, and helps with IoT-focused fundraising.

Apply to Startup Scaleup, or learn more ➜

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9. Santalucia Impulsa

  • Location: Madrid, Spain
  • Industry: Sector Agnostic
  • Investment Size: Not disclosed
  • Program Length: 5 months
  • Equity Taken: *Not disclosed *

Santalucia Impulsa offers an acceleration program for startups and entrepreneurs.

The 5 months accelerator program aims at training teams in order to improve competitiveness. Therefore, the accelerator program provides a team of experienced mentors who take the portfolio companies through specific training programs.

The mentorship program also features meetings with key networks that share the best ideas for startup transformation.

Apply to Santalucia Impulsa, or learn more ➜

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10. MasVentures

  • Location: Madrid, Spain
  • Industry: Telecommunications
  • Investment Size: Not disclosed
  • Program Length: 4 months
  • Equity Taken: *Not disclosed *

MasVentures is a startup collaboration program aiming to promote the culture of innovation and investment with a focus on new technologies.

The program offers startups within the Telco sector an opportunity to integrate their products with the MASMOVIL group. The selected startups receive possible investment, and an opportunity to demo/run a real pilot.

Apply to MasVentures, or learn more ➜

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