US Market Validation Program (MVP)
8-week mentoring program for international tech companies that want to expand in Silicon Valley
Eliminate waste and dramatically accelerate your US market entry process!
We are partnering with US MAC!
US MAC is a tech accelerator located in Silicon Valley with facilities in San Francisco and Menlo Park, CA.
We give international tech companies fast and successful access to the US market.
Since 2011 they have delivered 82 Market Validation Program for tech companies from 19 countries.
Today more than 60 are successfully conducting business in the US and 9 have raised investment capital.
Our partnership provides over 100 US mentors “that’s been there done that”.
Facilitate a Lean US Market Entry
Validate your business model in the United States by interacting with potential partners and customers in Silicon Valley.
Create a pipeline of early evangelist customers to sell to and partner with.
Transfer Silicon Valley knowledge, know-how and the network to your company’s founders and senior executives.
Program Management Team in SF
What Do You Get?
- A market validation expert and a proven methodology
- An US Mentor in your sector
- Weekly mentoring sessions
- 6 weeks from your home city and the last 2 in San Francisco
- Grow your Silicon Valley network
- A fine tuned target list and a outreach team to get you meetings
- Meetings with 10-20 qualified, prospective customers or partners in the U.S.
- Meetings with lawyers to assist with legal structure, Visas, tax…
- US virtual office for 6 months & office space for 4 weeks in Silicon Valley
- Attendance at industry events and investor forums
The icing on the cake!
For the Batch companies we will have an Investor Day in Silicon Valley the last week of the Program. All Barcelona Ventures’ graduates of the year will be invited to present.
It will be held at DFJ Global Network’s Headquarters in San Mateo, CA!
We have a lineup of rockstars who will coach your startup in specific sessions during the year
Some of them, click on their photos to see their profiles.
A tech company from the Internet sector, Big Data, software, SaaS or Mobile
Full-time founding team
Founders who think big and are building a Global startup
Capability and desire to be mentored
With current customers, traction or validation in the home market
With a baseline business model that’s ready for testing in US market
A real commitment to US market entry
It’s very simple. We are accepting applications on a rolling basis. We want to make this program timely for your startup. That is, you can apply when it makes sense for you, we accept applications continuously.
You can do it alone or in a Batch. If you apply for a Batch you will have to adjust to the Fall season or Spring season schedule. Submissions for the Spring 2015 Batch are now open! Apply to enter this Spring Batch until January 20th!
If you meet those criteria, the process is as follows:
Submit your application
Barcelona Ventures’ team will select the best candidates
Interviews with candidates
Selection of Finalists
US·MAC receives the slide deck & interviews selected Finalists
Barcelona Ventures announces which company is accepted into the Program
Start of the Program!
Terms of participation
No dilution. To facilitate the process and make it more agile, we won’t discuss on the valuation of your company and won’t take any equity. If you are selected, you can pay for the program or Barcelona Ventures’ investment partners will cover the program through convertible notes.
We are flexible. This debt will convert into equity upon the closing of the next financing round and according to the valuation of the time. Or if you can afford it, you can pay for the program if you want, you choose.
We are transparent. The market value of the US Market Validation Program is € 19,500 for 2014.
Your success is our success. We would convert into equity when the company raises a round of financing, then these convertible notes might become between 1.5% and 3% of the equity. These are preferential terms for 2014. So if you meet the selection criteria, let’s talk!
Here are your options:
On my own
Send us an e-mail here: MVP@barcelonaventures.com or:
After the Program or if your startup is at a later stage we also have the right programs to continue supporting you. Just contact us!