Internet of Things (IoT) concept has been spreading out to our everyday lives. Smart thermostats, wearable technologies, appliances, bicycles and many other commonly used equipment are getting connected to the digital world. IoT Startups are proactively penetrating to the global market with fantastic products.
Cloud Ararat is aware of the fact that the IoT startups will be leading the next generation connectivity globally. Therefore Cloud Ararat and BWCON have jointly facilitated an IoT Accelerator program: Arena 42. We provide technology and business support to entrepreneurs and early stage startups with an IoT based business idea. Arena 42 IoT Accelerator office is located at the in Stuttgart, Germany.
In a 3 month acceleration program, startups receive software development services and business mentoring at a value of 30.000 Euro, allowing them to come from the idea to the prototype stage. Some of the benefits of the program are mentorship, hands on development, business modeling, marketing, product management, access to investor network, global presence and other assistance directly.
First batch of startups application deadline was 20 December 2015. However since then Arena42 has been progressing with bigger partner base and support. Visit Arena42 web site for current status and updates.