What programs offer BFFood?
BFFood has two specific programs to support the participating projects: acceleration and consolidation. The programs are designed to boost projects according to their degree of development, from the initial idea with the acceleration program, to the consolidation of sales with the consolidation program
Acceleration
Consolidation
Why BFFood?
Commercial outlet
Commercial outlet
Access to the value chain of the Galician food sector facilitating the attainment of first orders. Given the vertical nature of the accelerator, the participation of leading companies in the sector and the focus of the participating projects in solving the challenges posed by the companies, there are great possibilities to obtain the first sales of the projects among the participating agents in BFFood.
Mentoring
Mentoring
Each of the projects will have a specific mentor belonging to one of the BFFood leading companies, with a career and experience in the specific field of the project, who will be responsible for guiding them, facilitating the alignment of the value proposition of the project with the resolution of the challenge.
Training program
Training program
The participants are creditors of a general training program and specific training adapted to their needs that allows them to acquire the necessary knowledge to launch and consolidate their business project, business development tools and specific knowledge of the food sector.
Work place
Work place
The projects may be installed in any of the facilities made available by the collaborating entities of BFFood in different cities of Galicia. Likewise, the participating projects will have a work space with meeting rooms and a coworking area in Santiago de Compostela, allowing contact among the different projects located in that space.
Infraestructures and technical means
Infraestructures and technical means
The participating projects will have access to a catalog of infrastructures, means and technical services that will facilitate and accelerate the development of the projects, made available to the entrepreneurs by companies as well as BFFood collaborating entities.
Full cycle
Full cycle
Through its two modalities of support, acceleration and consolidation, BFFood has the capacity to cover the different stages of evolution of any entrepreneurial project, from the earliest phases, from ideation, to the most mature, about consolidating a business model that produces recurring sales.
Funding
Funding
The projects will have the following economic support through Gain and XesGalicia:
Gain: amount of € 25,000.00 per project in the acceleration program.
XesGalicia: for each one of the companies selected in the acceleration phase, financing through a participative loan that could entail a capitalization option of up to a maximum of 50,000 euros. In the case of consolidation projects, financing through a participative loan that could involve a capitalization option of up to € 250,000.
Networking
Networking
Among the activities foreseen by BFFood is to favor networking between the projects and institutions, companies and other entities of the food sector, fostering the creation of bridges and communication channels that increase the visibility of entrepreneurial initiatives in the sector's ecosystem.
Leading Companies
BFFood has the participation of leading companies in the sector that contribute with knowledge, dedication and resources to the dynamization of the accelerator and to the mentoring of the participating projects.