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Wayra was launched in the UK last month by Telefonica, parent company of O2. Aimed at early stage tech start-ups and open to entrepreneurs of all ages and backgrounds, the programme hopes to find and nurture the best technology ideas and talent in the country.
Up until the 22nd April, tech entrepreneurs can submit their projects with view to securing investment of up to €50,000 plus mentoring, access to technology and use of the state of the art Wayra Academy in London - which officially opens in May. (Telefónica will take a 10% stake in return for the investment, which gives them right of first refusal on products but not exclusivity). The opportunity is really fantastic, offering much needed funding to innovative and original tech start-ups that need the boost to take them to the next stage of their development. This press release shows more information on Wayra, http://www.wayra.org/en .