What is the Emprenbit program?

The Emprenbit Program is designed with the aim of promoting the creation of innovative companies in the Balearic Islands by offering specific services and support for entrepreneurs with ideas and / or business models based on the knowledge infrastructure. The program offers support in the business model definition and validation in a privileged environment for the launch of "start ups" such as the Balearic Islands Technology Park (ParcBit) and the Centre Bit Menorca (Alaior). Also, since June we have partnered with the city of Ibiza and its district 07800 initiative, supporting technology-based entrepreneurs on the island.

incubadora parcbit



What kind of projects is Emprenbit for?

As an incubator hosting technology-based projects, we seek innovative projects where technology has a key role in its business model.

Is your project is a web platform? An e-commerce? Do you want to develop an app? A videogame? A new form of tourism intermediation? If so, or your project is related to any of our current projects, get in touch with us.

To join us, It is not necessary to have a company incorporated or to be freelance, nor have a business plan completed; we want you to do all that with us!
incubator ParcBit



The ideal place to start your project

We currently offer two support programs, depending on the state you indicate in which your project is:

Acceleration: For business projects in the initial phase, where there is not yet a product on the market or the launch is recent and the generated revenue is still low. A state in which networking other entrepreneurs and validate the business model is key. In this program you will access a period of intensive training, individualized follow-up and access to working stations in our space of more than 400m2 for 12 months.

Growth: For companies with a product on the market, a team formed with demonstrable metrics and traction. Accessing this program you can enjoy an advisory service designed to push your growth and also individual offices for a maximum period of 36 months.



HUB: For consolidation and expansion projects which have completed their incubation period in Parc Bit, but want to keep their registered office in the tech park and participate in our networking activities.


Modalities



Business model design and validation

As a preliminary and necessary step to develop a business, we consider fundamental to validate a business model. For this we believe that is very necessary to know the latest methodologies and metrics for the design and validation of business models.

"Learn quick, fail cheap" is the philosophy behind the Lean Startup methodology for the start-uo management, that is based on the premise of developing only those ideas that the market demands.

The process of client development is the process that trying to verify that there really is a market that will pay for the product or service offered, ensuring the rapid growth in the model once launched.

Once validated, your business model will help in planning the launch of your business project, guiding you in the analysis and drafting of bussines plan.



Support to research of funding for your business

Some start-ups need to access to external funding in order to launch their projects, because they don't have the resources to finance the business venture by themselves.

There are many options available to finance your company: credit, public financing programs, participative loans or private investors are some examples. If you need to raise external financing, at Emprenbit we can help you find the most suitable source of financing for your project and prepare a proposal with the best guarantees of success.

ParcBit incubator



Promotion of networking and business cooperation

Collaboration and networking can be a key to the success of a business idea, for this reason at Emprenbit we encourage networking between the incubated projects through periodic sessions to present new initiatives and search for synergies between entrepreneurs.

Tramuntana Tech Talks

With the aim of bringing both the projects of our program and the Balearic ecosystem in general closer to people with experience in technology companies and the world of digital business. A series of totally free talks that offer a unique opportunity to learn first-hand from the experiences of successful people who share their learning throughout their professional careers.

During several editions we have had the presence of founders and professionals from companies such as Wallapop, Cabify, BlaBlaCar, Filmin, Amazon, Ticketea or Destinia.

Collaborations and perks

Travel Tech connector

Thanks to a collaboration agreement, the Barcelona-based accelerator has a delegation at ParcBit with the aim of launching its first acceleration program for startups in the tourism sector. Connector Travel Tech celebrates in ParcBit its support programs for entrepreneurs aimed at technology-based startups in the tourism sector, in the seed phase, innovative and with the possibility of being scalable internationally.

This allows Emprenbit's companies to participate in all the activities organized within the program (trainings, workshops, events), even if they are not part of it.

AWS Activate

Emprenbit is now part of the Amazon Startups AWS Activate program. AWS Activate helps startups build and launch their business. In addition to credits, the companies in our program have access to technical guidance, exclusive discounts, and business growth programs.

By joining Emprenbit, you will automatically have access to the benefits of the Activate for Startups program from Amazon Web Services. These benefits include:

Awards and contests

Furthermore, the Bit Foundation participates in the dissemination and selection of projects for candidatures for national awards such as the XXI Entrepreneur Award , organized by Caixabank. Thanks to our advice and experience, there are many companies that have received this recognition both at the regional and national level. Some examples are: Sanifit (2016), Travel Compositor (2015), Hotelinking (2018), Meteoclim ( 2014), Circe (2013), Numat Medtech (2020), etc.

We have also collaborated in two editions of the Venture on the Road initiative, an action organized by Banc Sabadell and SeedRocket that seeks to reward the best companies technology from different regions. In the editions that were held in Palma de Mallorca, the winners were Emprenbit companies: Discubre (2018) and hotelbreak (2020).

incubadora ParcBIT

We want to meet you!

If you think that at Emprenbit we can be of help for your business project, don't hesitate and send us an application form!