Telefónica’s Wayra call for new projects

Telefónica’s Wayra call for new projects

Telefónica’s global start-up incubator Wayra has launched a fresh call to find business proposals in the field of new technologies and the internet.

Launched in March 2013, the internship scheme places people at its academies in Europe and Latin America with internships ranging from operations to joining the team of a supported start-up.

Now the incubator is calling on entrepreneurs, or technology companies with projects, to apply for a place in one of the eight academies offering places in this round: Dublin, Madrid, Barcelona and Munich in Europe; and Mexico City, Buenos Aires, Lima and Santiago de Chile in Latin America.

The priorities are projects and solutions related to applications and services that improve communication between people and enrich their digital environment integrating their devices, productivity tools to improve processes and team communication in business, and products and services for retail.

Wayra says it is looking for 'early-stage start-ups or projects in their initial phase of development' with innovative and disruptive ideas regarding 'new technologies in the digital communications space'.

Start-ups should have high growth potential with a global-scalable focus, have a solid business model with the the potential for a 'fast commercial time-to-market deployment'.

Selected parties will take part in an acceleration programme providing them with financing, dedicated mentors, specialised training and advice, a work space in Wayra Academy and the opportunity to access Telefónica Group businesses.

The Wayra programme has a portfolio of more than 330 companies, with a fund of more than €13.5m. Third-party investors - public and private funds and angel investors - have allocated additional funds of more than €36m to start-ups.

Closing date for applications is 8 June.



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