Our momentum will help you go a long way
Our innovative accelerator programme combines 90 days of intensive training and networking with investments ranging from €50,000 to €200,000. Founders join us from all over Europe and we invest in impactful start-ups working in food, transport, software, energy, agriculture, education, circular economy, etc. Our programme is designed to guide founders to work hand in hand with other successful founders and investors to achieve their full potential.
Implementation and selection
The fund members will select the best startups that combine both impact and profitability.

Due Diligence
Detailed analysis by the investment committee consisting of two meetings to decide the 12-15 startups to be selected for the Campus First Drop with the accelerator team and the fund's LPs.

Campus First Drop
For 3 days the selected startups will do team building dynamics, learn how the acceleration programme works, set the objectives to be achieved during the programme and recieve mentoring from investors and entrepreneurs who are First Drop investors.

Selection and investment
The best 7-10 companies will be selected to start the acceleration programme and will be paired with the LP's own mentors during the programme. They will receive the first investment of €50,000 to achieve their goals during the 3 months of the programme.

Acceleration program
Over 90 days, the startups will receive a tailor-made programme with top mentors and masterclasses to work on impact measurement, investment readiness, growth, sales, presentation skills, organisational development, marketing and technology.

Demo day
At the end of the programme, a Demo day will be held to present the projects to other BAs and VCs and an investment committee will be set up by First Drop to invest €150,000 in the best projects.

Follow On
The fund may invest up to €500,000 in the next round in the best projects in the portfolio.

Implementation and selection
The fund members will select the best startups that combine impact and profitability.
Due Diligence
Detailed analysis of the investment committee consisting of two meetings to decide the 12-15 startups selected for the Campus First Drop with the accelerator team and the fund's LPs.
Campus First Drop
During 3 days the selected startups will do team building dynamics, learn how the acceleration programme will work, set the objectives to be achieved during the programme and have mentoring with investors and entrepreneurs who are First Drop investors.
Selection and investment
The best 7-10 companies will be selected to start the acceleration programme and will be paired with the LP's own mentors during the programme. They will receive the first investment of €50,000 to achieve their goals during the 3 months of the programme.
Acceleration program
Over 90 days, the startups will receive a tailor-made programme with top mentors and masterclasses to work on impact measurement, investment readiness, growth, sales, presentation skills, organisational development, marketing and technology.
Demo day
At the end of the programme, a Demo day will be held to present the projects to other BAs and VCs and an investment committee will be set up with First Drop to invest €150,000 in the best projects.
Follow On
The fund may invest up to €500,000 in the next round in the best projects in the portfolio.
Mentors









The face-to-face programme will be tailored to the needs of your startup
Masterclasses with experts
You will receive masterclasses with experts on topics such as impact measurement, investment readiness, growth, sales, presentation skills, organisational development, marketing and technology.
Free space during the program
We believe in the power of networking and synergies, in the place where things happen, in the importance of being together and working side by side. That's why we are expecting you to join us for 3 months at our facilities in Valencia, the most dynamic startup ecosystem in the Mediterranean.
Some of the programme's mentors
Alicia Rubi, Josep Casas, Joan Alvarez, Julio Ribes, Alejandro Valero, Juanjo Traver and many more.
Question and answers
What makes First Drop better?
While there are other impact funds, and various accelerator programmes, very few focus specifically on impact measurement, the levers for maximising impact, and the nature of this ecosystem. Of course, none of them bring together investment and specialised acceleration with great founders like you. We specialise in that and understand the obstacles such companies face.
Will you sign a confidentiality agreement?
No, you will not sign an NDA at this stage. However, this will be defined in the acceleration agreement so that both the ownership of the companies and the work of First Drop is aligned and protected at all times.
What is the duration of the accelerator program?
The accelerator is a 3-month program, allowing startups to continue operating their business whilst participating.
What are the investment criteria?
We invest in pre-seed startups with exceptional teams solving global challenges in large markets. The maximum valuation at which we invest is €2.5M at the start of the programme and no CAP at the end of the programme. First Drop invests between €50k and €200k in exchange for 5-10% of the company’s equity.
What do you do during the First Drop Campus?
During the Campus, the First Drop team will meet the projects in person and organise mentoring and sessions with specific experts in different business areas, a personalised roadmap will be established for the next 3 months and, finally, the best projects will be selected.
We have previously raised some funding. Are we still eligible to apply?
Yes, Many of our portfolio companies have raised previous funding prior to attending our programme. Let us know more about this if you are selected for an interview with us.
Does it cost money to participate in the accelerator?
No, all the costs of the programme are borne directly by First Drop. We have created a programme by founders for founders that brings a lot of value to entrepreneurs, but at the heart of all our decisions is the solvency of the startup and the impact it will have on society.
Do you invest in the companies selected and what are the terms?
Yes – we invest in all the companies selected to take part in our programme. Our standard investment terms are a 50,000-200,000 Euro investment with a possible follow on of 500.000€.
Do we have to move to Valencia to attend the program?
Yes, company founders must attend the programme in person, as our headquarters are also the heart of our ecosystem: workshops, conferences, and above all, networking with founders, mentors and investors.
Can we apply if we have previously graduated from another accelerator?
We find that while there are many accelerators out there, not all of us are focused on the same area of “acceleration.”
If you have previously participated in an accelerator program, tell us about it and we’ll do our best to help you make an informed decision on whether our programme fits your needs.