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PROGRAMME

Scale Lab Andorra is a business acceleration programme for entrepreneurial projects in the consolidation and/or growth phase.

This initiative combines consultation and funding activities to help participating companies to identify and implement a suitable growth strategy. It also simplifies the potential to establish the company in Andorra through professional support and personal services. It does all of the above, while making the most of the distinguishing benefits that the country offers.

Calendar

The first edition of the programme is taking place throughout 2019:

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01/02 – 30/06

Preselection of participating companies (15 companies)

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01/07 – 15/07

Selection of participating companies
(5 companies)

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15/07 – 31/12

Investment

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01/10 – 31/12

Growth Academy

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COMPANIES

The programme is aimed at technological and/or innovative companies with a pre-validated or validated scalable business model.

Requirements:

Have the first version of the product/service.

Present a pre-validated or validated business model.

Have a team of at least three people.

What the programme offers:

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Funding

500,000 euros per project.

Option to participate in subsequent rounds..

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Professional services

Consulting: defining and support in implementing the growth strategy.

Complementary services of Crèdit Andorrà and collaborating entities.

Access to the territory: Andorra.

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Personal services

Complementary services of Crèdit Andorrà and collaborating entities.

Access to the territory: Andorra.

Collaborators

Scale Lab Andorra has the support of multiple collaborating companies and entities:

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INFORMATION FOR INVESTORS

The programme is aimed at Crèdit Andorrà customers.

Characteristics of the investment

The programme is aimed at technological and/or innovative companies with a pre-validated or validated scalable business model.

  • New financial investment product linked to companies with a high potential for growth.
  • Access to qualified innovative proposals (portfolios: own selection).
  • The possibility to collaborate in projects.
  • Investors with training and/or prior experience in risky investments.
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ENVIRONMENT

Crèdit Andorrà

The Crèdit Andorrà Groups is the leading financial group in Andorra, with a significant international presence; experts in private banking, financial consulting services and asset management.

Andorra data

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General – Economy / Taxation

  • 76,000 inhabitants | €2,600m GDP (€36,000 GDP per capita) | Euro area | 8 M annual visitors.
  • Tax deductions for entrepreneurs.
  • Flexible regulatory environment | Simple, modern and attractive legal regime for foreign investment.
  • Initiatives to promote innovation.
  • Flexible labour market | Open and competitive economy of services.
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Population

  • Average age: 39.5 years | Country with the 4th highest life expectancy in the world.
  • High-quality educational system | Languages: Catalan - Spanish - French - English.
  • More than 100 resident nationalities.
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Infrastructures

  • Fibre optic network throughout the country.
  • Smart country.
  • Excellent health coverage.
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Other

  • Stability / Safety (very low crime rate).
  • The ability to position oneself as a pacesetter (case of national success).
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REGISTRATIONS

Are you interested in the programme?

Contact email: