With SPACELAB, Media-Saturn is launching Europe's first accelerator intended exclusively for startups in the consumer electronics retail sector. SPACELAB invests in startups along Media-Saturn's entire value chain and provides the founders with the opportunity to further develop their products or services with regard to strategy, marketing, sales, infrastructure over a period of 20 weeks. Media-Saturn is Europe's leading consumer electronics retailer and operates in 15 countries (Austria, Belgium, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey).
Within the framework of SPACELAB, experts from Media-Saturn's management, as well as SPACELAB partners from industry and consulting, provide support in workshops and by means of mentoring. "We know that there are countless hungry founders with great ideas out there in the world of consumer electronics retailing," explains Martin Sinner, himself the founder of idealo, who manages the Electronics Online Group and SPACELAB at Media-Saturn. "SPACELAB is like a new type of business school for young entrepreneurs where we help founders ignite their company's next stage of development. Instead of this taking place in the lecture hall, it simply takes place in 'real life' at SPACELAB."
Prerequisites for participating in the SPACELAB accelerator are a minimum viable product or business model, a complete founding team and relevance for the consumer electronics retail market. Within the framework of the program, founders can take advantage of expert advice and help from Media-Saturn's entire network - from financials & planning (EY), marketing strategy (Serviceplan) and supply chain management (Barkawi Management Consultants) through to know-how related to listing in the retail trade (Media-Saturn) and customer loyality (Payback). The first SPACELAB program (called "batch") will be launched in the middle of November 2015. Applications can be submitted at http://www.ms-spacelab.com.
Press contact:
Christian Bölling,
+49-841-634-3320
Source: Media-Saturn-Holding GmbH