Cuatrecasas Acelera Starts Ninth Program to Help Six Startups Validate Their Legal Strategy
Cuatrecasas Acelera is an open innovation program, launched in 2016, through which the firm offers its legal expertise to those startups with significant legal challenges that want to validate their legal strategy and accelerate their compliance process. The call for application to its ninth edition opens today, May 13 and closes on June 23. In line with its digital strategy, once again Cuatrecasas aims to promote the startup ecosystem in Spain.
Over a four-month period, Cuatrecasas Acelera will offer six startups legal advice in all the areas of law they require, with a view to working on legal strategies that boost the startups’ growth and business plans. Startups interested in participating must be in the deeptech, energytech, fintech, healthtech and insurtech sectors. Their project must deal with a relevant legal challenge arising from their own business model or from applying disruptive technologies linked, for example, to artificial intelligence, hydrogen, cryptoassets or blockchain.
As in previous years, after the Cuatrecasas Acelera application deadline, an evaluation committee will study all the proposals received and select those that will be shortlisted for the program. The six projects selected to participate in the Ninth Cuatrecasas Acelera will be announced in September.
For the seventh consecutive edition, Cuatrecasas Fast Track has a permanently open call for new projects to join throughout the year. This program tests international technology scaleups so that, in collaboration with Cuatrecasas, the startups can design, co-create and develop pilot tests relating to the business challenges currently experienced by law firms.
This year, the Cuatrecasas Fast Track Program focuses on generative AI and will consider all applicants that respond to any of these four challenges: maximizing collective knowledge in Cuatrecasas; fostering productivity and efficiency in the legal sector through automation systems; developing solutions that enable digitalization of the relationship; and improving collaboration with the client to encourage customer engagement.