By the Sente.Link Team, @Sente_Link
Following up on our Business Wire Press Release regarding sente.link’s international accelerator program for IoT startups, we are excited to announce that we have chosen 5 winners out of the 11 startups that participated in the first phase of the IoT program in Istanbul. For the next 4 weeks, they will enter into Phase 2 of the IoT Accelerator Program where they will scale up in the US, via Chicago.
The US portion of the program is an intense business development experience where these companies will test their commercial hypothesis in Sente’s “soft landing” spot in Chicago to get the market traction they need to take their business to the next level.
Congratulations to the 5 winners below:
“We chose Chicago as the base for US entry because we understand that the startups need to get market traction with real customers before they can raise funding,” says sente.link COO, Gerod Carfantan. "Chicago is well suited to do that, since it has such a diverse industry base, is centrally located and has a friendly business environment.”
For the next 4 weeks, until their demo day August 21, the 5 startups will set up shop in the largest innovative hub in North America, 1871 Chicago, as well as the Chicago Connectory - Bosch’s IoT incubator dedicated to IoT ventures.
According to global IT Innovation lead at Bosch, Dennis Boecker, “We see IoT as the next big step that every company needs to take.” One of their initiatives - attracting even more IoT talent to the city.
These 5 startups will be the first first wave of talent coming to the Connectory from overseas through the sente.link accelerator program. You can stay up to date on their experience by following sente.link on Twitter, LinkedIn and Facebook.