According to the textile company, the Mango accelerator will have a budget of three million euros and plans to invest in more than 50 companies in the medium term.
It seeks companies and ideas in the development phase to carry out seed capital investments that bring innovation to the fashion industry value chain and improve the customer mint data experience. Sustainability and technology, as well as all the links in the value chain , have been established as priority areas of interest for the accelerator.
The selected companies will be from Europe and must be mainly in the initial stages of development or have a recently launched product.
The agreement with IESE includes support from the business school in the process of screening initiatives, training of individuals and collaboration in meetings that help and encourage networking for the selected entrepreneurs.
Likewise, if the initiative requires it, Mango will also offer participating companies the possibility of having a location in the company's offices. Depending on the nature of the project, this co-working service could be carried out at Mango's headquarters in Palau-solità i Plegamans or at its logistics centre in Lliçà d'Amunt, as well as at Mango's Innovation Center located in the 22@ district of Barcelona.
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There will also be the option of conducting remote sessions for those entrepreneurs who cannot travel to these locations.
All startups interested in this initiative can find more information and sign up through the page.
Mango will create a new committee in the accelerator, which will be chaired by Mango CEO Toni Ruiz, and will include the director of Manto Man, Jonathan Andic; the director of Mango Man, interior design and Construction Management; the director of Online and Customer at Mango, Elena Carasso; the financial director of Mango, Margarita Salvans; the director of this new Mango project, Belén Rallo, and representing IESE, Paula Sancho.
