Zgarage for French start-ups
Nestadio Capital has announced the launch of Zgarage, an accelerator od the developpement of French start-ups. It will allow them to conquere quickly the US market and then, the global one.
In collaboration with Microsoft through its “BizSpark Plus” program, which purpose is to detect innovatives start-ups, Zgarage will help Internet and software start-ups to grow faster. Zgarage will propose a comprehensive package, including back-ups concerning logistic, technic, commercial and legal part. The company will also be in charge of founding American partners and investors.
As Florent de Kersauson, Nestadio Capital CEO, said, “future tricolor digital champions have to develop quickly in the US in order to maintain their edge and to gain global markets. Zgarage represent a real booster for them.”
Start-ups will have to shell out up to $100.000 for 6 to 9 months. This amount will be covered at the end for the winner; Nestadio Capital commits to find an equivalent investment. Eligible companies must have an matchless product or service, that already generates revenues on the markets of the Internet, mobile, cloud computing, social networks or ever softwares. They also must have identified potential partners and customers in the US before entering the program.
This kind of service will be more and more wanted in the next few years because of the digital world’s hostility. Dozens of start-ups that have less than 5 years have to close down business everyday. This could be a good solution when national demand is not enough. Obviously, it is essential to master domestic market before going global.
Written by Noémie Barbier
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