Founded in June 2013 by CEO Aleksander Tonnisson and others, Buildit is a new hardware accelerator based in Estonia but open for startups from Europe and exceptional ones from across the world.
Buildit has announced a call for its first batch of startups dealing in robotics, electronics and gadgets and applications are open till February 25.
Combining both hardware and software, Buildit has a 3-month program from April – June, 2014) of intensive mentoring, product and business development. They also invest up to 15K EUR per startup for a 5-10% plus free open office space at Tartu Science Park during the program among others.
The 12 startups accepted should have a team of 2-3 members with an an idea that can be developed into a working prototype within 3 months. The teams will live and work on their projects in Tartu, Estonia.
Apply here now.
Kenya’s iHub has also launched a similar accelerator dubbed Gearbox, which it says will be a unique space for hardware enthusiasts to meet, share ideas and skills and hack hardware. Erik Hersman told TechMoran last year that the space is expected to nurture community members working on projects in computer technology, industrial art, robotics and electronics by incubating and accelerating their innovations.