WHAT IS IT?
The Madeira Startup Retreat aims to bring together 10 startups focused on Tourism & Travel.
For 6 weeks the executive team of each startup will relocate, work and share business & knowledge experience here in Madeira Island, as well as, interact with specialized mentors in Global Tourism & Travel from NOVA SBE.
This program not only facilitates and improves company culture but also promotes relaxation opportunities. By joining us, you will be able to partake in intensive networking events, training, and workshops.
To make your retreat an unforgettable experience, a complimentary local host will also be assigned to help you truly experience and enjoy the uniqueness of the island.
Since 2018, Madeira Startup Retreat welcomed in Madeira Island 50 international startups, 25 countries, 155 entrepreneurs, 37 nationalities, 20 local-hosts and over 50 mentors.
The Madeira Startup Retreat welcomes and is looking forward to selecting 10 Tourism and Travel startups. If you aim to:
>find new ideas
>look for inspiration
>boost your startup
>increase your network
then this retreat is for you! Startups that are interested in this program can apply with 2 to 4 collaborators.
Established Travel and Tourism startups.
In this edition, the jury will preferably select the finalists, considering those who offer:
> Sustainable and innovative solutions at the environmental, economic, and social levels, based on the principles of the circular economy.
> Better data and insights, collected and processed by solutions, that optimize existing data and insights to improve tourism management, by private agents and public entities.
> Seamless experience throughout the tourist's travel cycle.
> Territorial and seasonal dispersion of demand
> Development of digital solutions for companies, especially SMEs, in order to increase their profitability and competitiveness.
> Tools of knowledge, know-how, and economic, social, and cultural growth of/to local partners (eg hotels, local accommodation, rent-a-car, travel agencies, sporting events, wellness, and business solutions, companies/associations in the areas of sea, gastronomy, and wines,…)
> Solutions development in the areas of digital technologies (eg biometrics, blockchain, cybersecurity, fintech, reservation and payment solutions, immersive technologies, cleantech, etc.).
> Innovative solutions that place companies at the forefront of technological adoption to ensure their competitive advantage, customer loyalty and strengthening their engagement with brands, and new additional revenue streams for tourism economic agents.
During the program you will be learning (more) about:
> Startup Team Status
> Strategy & Business Diagnosis
> Value Creation
> Brand & Communication
> Product Strategy Review
> Sales Improvement
> Business Model Review
> Growth Hacking & Digital Marketing
> Soft & Hard Skills
> Leadership for Impact
> Business Measurement
> The Art of Pitching
Participating startups will be studied and new ideas or suggestions will be applied to their companies, products, and markets. Besides the mentoring and workshops you will be attending /participating in, you will also have networking events and leisure activities at your disposal.
We want you to experience this beautiful island like a local, so as the beautiful walks along the famous water canals (Levadas) up in the mountains, diving and sea trips, hiking and mountain biking, tasting the traditional food and drinks, relaxing yoga sessions and so much more have been planned, especially for you.
From the 1st day of the event, January 15th 2024. We recommend you to arrive during the weekend before, so you can have a safe arrival and time to settle.
Although the applications aren't open for the next batch (2024), you can now submit an interest form and our team will reach out to you by the time you'll be able to register for Madeira Startup Retreat!