Yakutia's Accelerator "B8" Launches New Gaming Opportunities for Emerging Businesses
The B8 IT Startup Accelerator, launched in 2019 in the Far East region of Russia, continues to support early-stage tech startups, particularly those at the pre-seed stage. This program focuses on helping startups develop their products, build financial models, and prepare for market entry, with a primary focus on technology and IT startups.
The B8 accelerator offers a range of benefits to participating startups. These include guidance in product development and financial planning, access to mentorship and expert support to prepare for investment and market scaling, and enhancement of business readiness for subsequent investment rounds.
While specific details about the application process for the 14th cohort were not available, it is typically a process that involves submitting startup information and business plans, followed by selection based on potential and fit with the program's focus.
For the latest information about the 14th cohort application specifics, you would likely need to consult the official B8 accelerator channels or their website directly. However, it is known that applications are still open, and game developers are now eligible to apply.
Startups participating in the B8 accelerator will receive help in packaging their projects for foreign audiences, refining their business models, and practical skills for presenting to foreign investors and juries. The ultimate goal for startups in the B8 program is to scale local success to a global level, and the program aims to prepare startups for entry into international markets.
According to Petr Gogolev, head of the "New Game+" video game publishing house, the local market serves as a soft launch for startups. He also notes that conditions may be easier, and the scale may be completely different outside Yakutia.
The B8 acceleration program provides assistance in scaling startups beyond the local market, with mentoring support and guidance throughout the process. Startups interested in applying for the B8 IT startup accelerator can submit their applications online, although the deadline for applications has not been specified at this time.
Startups within the B8 IT startup accelerator can anticipate assistance in refining their financial models and business strategies, as the program focuses on technology and business startups. After successful completion of the program, these startups aim to scale their local success on a global stage by receiving guidance in packaging projects for foreign audiences and presenting to international investors.
