GameFounders: A New Startup Accelerator in Estonia

GameFounders: The New Startup Accelerator in Estonia

GameFounders is a new startup accelerator in Estonia that is on the lookout for up to 10 gaming startups for its inaugural class. This is the first European accelerator dedicated to game developers, offering an investment of 15,000 euros in exchange for 9 percent of the company. The unique aspect of GameFounders is that you don’t need to have formed a company yet; as long as your team is willing to incorporate after joining GameFounders, you are eligible to apply. The accelerator is open to any type of game, provided it has already launched, even if it's only in beta. However, it is worth noting that the website indicates a higher likelihood of mobile games receiving investments at the moment.

Why Startups Choose Tallinn, Estonia as Their Base

In addition to Estonian companies, startups from around the world are drawn to Tallinn, the capital of Estonia, where GameFounders is located. The website highlights the appealing factors for startups considering a move to Estonia:

1. Effortless Business Setup: Estonia is renowned for being the most straightforward place to establish a business. Setting up a limited company takes just minutes, while opening a bank account can be done in a matter of hours. Additionally, obtaining other essential paperwork, such as VAT numbers, typically only takes a few days.

2. Access to Funding: Once your business is up and running, there is an abundance of funding opportunities available, from both local sources and the European Union, to support and boost your business.

Introducing GameFounders: A Promising Accelerator for Tech Startups

Founded by Kadri Ugand, Lauri Antalainen, Sven Illing, and Paul Bragiel, GameFounders is an accelerator program with a notable network of over 60 mentors, predominantly from the US and Finland. Paul Bragiel, recognized for his contributions to Lefora and as a partner at San Francisco-based incubators i/o ventures, brings a wealth of experience and expertise to the project.

The application deadline for the three-month program is July 10. Tech startups looking to thrive can seize this opportunity and apply at the GameFounders site. With its strong mentor network and proven success, GameFounders stands as a promising platform for forward-thinking entrepreneurs in the tech industry.