Speed@BDD

About Speed@BDD

Speed is a tech accelerator based out of the Beirut Digital District that empowers software startups to succeed and scale globally through a 3-month mentorship-driven program, $30,000 in funding, and a lifelong network of mentors and partners.

The accelerator offers software startups $30,000 in financial support, an intensive 3-month mentorship-driven program that includes in-house mentorship, mentorship from experts, workshops, access to a network of investors, and a free working space at BDD, in exchange for 5% equity in common shares. Startups also receive lifelong support from a network of 100+ local and international mentors, the opportunity to be sponsored by Speed for a 2-week immersion program in Silicon Valley in partnership with LebNet, technology perks worth $1M+ through the accelerator’s partnership with the Global Accelerator Network, and a fast-track referral to the 47 Techstars programs around the world.

Website	http://speedaccelerator.com
Employees	1-10 employees View all Speed@BDD employees
Industry	Technology, Information and Internet
Phone number	00961 1 649 555
Headquarter	Bechara El Khoury Street, Beirut Digital District 1294, Beirut, Lebanon LB 1107 2026, LB
Founded	2014
Keywords	Startups, Investment, Technology, Startup Accelerator

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Frequently Asked Questions about Speed@BDD

What is Speed@BDD and what services do you offer to startups?

Speed@BDD is a tech accelerator based in the Beirut Digital District that focuses on empowering software startups to succeed and scale globally. We offer a comprehensive 3-month mentorship-driven program that includes access to industry experts, networking opportunities, and personalized guidance. Additionally, each selected startup receives $30,000 in funding to help them develop their product and business model.

Who can apply to the Speed@BDD accelerator program?

Our accelerator program is open to early-stage software startups from various industries. We look for innovative ideas with strong potential for growth and scalability. Founders should have a clear vision for their product and a commitment to developing their business. We encourage applications from diverse backgrounds and industries, as we believe that varied perspectives drive innovation.

What does the mentorship aspect of the program entail?

The mentorship component of our program is designed to provide startups with tailored guidance from experienced entrepreneurs, industry experts, and investors. Each startup is paired with mentors who have relevant experience in their field. Mentors help founders refine their business strategies, improve their product offerings, and navigate challenges in the startup ecosystem. Regular workshops and one-on-one sessions are part of the mentorship experience.

What kind of funding do startups receive through the program?

Startups accepted into the Speed@BDD accelerator program receive $30,000 in funding. This investment is intended to support the development of the startup's product, marketing efforts, and operational costs during the program. In exchange for the funding, we typically take an equity stake in the startup, which aligns our interests with those of the founders as they work towards scaling their business.

What industries does Speed@BDD focus on?

While Speed@BDD primarily focuses on software startups, we welcome applications from a wide range of industries including fintech, health tech, e-commerce, and more. Our goal is to support innovative solutions that leverage technology to address real-world problems. We believe that diverse industries contribute to a vibrant startup ecosystem and foster cross-industry collaboration.

How can I stay updated on the latest news and events from Speed@BDD?

To stay informed about the latest news, events, and opportunities at Speed@BDD, you can follow us on our social media channels, subscribe to our newsletter, or visit our website regularly. We frequently share updates about our accelerator program, success stories from our startups, and upcoming events that may be of interest to the startup community.