Looking to get initiated into the #EstonianMafia? The Tallinn, Estonia accelerator, Startup Wiseguys, has now announced they are accepting applications to their Autumn 2013 batch. For those of you unfamiliar with the program, they run the pretty standard 3 month acceleration with €15,000 seed funding, and seem to run a pretty interesting program. So if you’re trying to expand internationally or still figuring out that product-market fit, you can find the application on the Startup Wise Guys website.
The accelerator has already seen 15 teams from 10 countries come and go, but tell us they’re placing a greater weight on teams with women leaders.
The upcoming batches of the Wise Guys program will also see a new emphasis placed on teams with women founders and co-founders. The data on female entrepreneurs paints a compelling picture. Diverse teams that include both men and women raise higher levels of capital, fail less often, and earn higher revenues on investment. The underrepresentation of women in the startup community isn’t just a problem for women, it’s a problem for the community as a whole. By pushing to find teams with women founders, Startup Wise Guys is seeking to accelerate the chances for success of every team that comes through the program.