to join its acceleration program and receive financial assistance to validate your team’s MVP

MAPFRE is not only sponsoring this amazing program for IE students and alumni, it is also offering one of the teams the opportunity to join its acceleration program and receive funding to further validate their MVP to the sum of 30,000 euros.

Read more below in MAPFRE’s own words.

About the Award

Joining insur_space by MAPFRE

The world is full of beautiful ideas, but ideas are of no value unless they become a reality. As fictional Mark Zuckerberg said to the Winklevoss twins in the movie The Social Network, “if you guys were the inventors of Facebook… you’d have invented Facebook”.

MAPFRE has a serious commitment to foster the development of the entrepreneurial ecosystem, especially in the countries where we have strong leadership and a significant market share such as Spain, Brazil and the US (Massachusetts). That’s why insur_space by MAPFRE addresses the whole startup lifecycle, building the coming future with students and soon-to-be entrepreneurs from all over the world.

The winning team of the IE Venture Lab – Insurtech Edition will be eligible to join insur_space’s Acceleration Program, a 10-week adventure in which the team will have the chance to further develop its idea with the help of MAPFRE mentors and (drum roll) €30k worth of consultancy services such as business design, visual design, user experience, prototyping, marketing communications, etc. Our partner Fjord (part of Accenture Interactive) is an international leading design and innovation agency that will help the winning team overcome the first “Valley of Death” that any startup faces: going from the first Power Point to the first actionable MVP to validate its idea in the market.

Since 2018, insur_space has welcomed over 40 startups from 11 different countries and launched 22 pilots. We have had the chance to see some of them grow to become successful companies that are now part of our Venture Capital Investment Portfolio. In our last call, 253 startups applied to compete for one of the 12 available spots in the third edition of our program. One of them could be yours!

Maybe you haven’t ever thought about starting a business in the insurance industry; maybe you haven’t even ever thought about becoming an entrepreneur. But… perhaps after learning about the exciting challenges we are facing both as an industry and as a society, you are now curious and intrigued about the diverse opportunities. We encourage you to take a chance and we assure you you’ll never have a better opportunity to do it than this incredible Fast Track to Venture Lab-Insurtech Edition!

Are you up for it? Register and apply now!