Yachting Ventures Startup Accelerator opens applications for third cohort

Applications for the Yachting Ventures (YV) startup accelerator have opened for the third time, with the next program set to start in January 2022. Aimed at assisting entrepreneurs to launch or scale a business in the marine leisure, yachting and superyachting industries, YV supports participants through an action-packed 6 weeks of mentorship, connections, and education.Yachting Ventures cohort SuperYacht Times’ own founder Merijn de Waard is among the line-up of mentors who will again offer his support and insights to the entrepreneurs. The accelerator now has more than 30 mentors, who are all entrepreneurs, and who have successfully started, scaled and/or sold businesses in this space. Other notable mentors on the program include Charlie Birkett (founder of Y.Co), Steven Myers (founder of YATCO) and Nathan Heber (founder of Boatyard, recently acquired by MarineMax).

There have been some fantastic success stories from the +50 entrepreneurs who have participated in previous YV cohorts. As the best example of how effective the program is, below are three startups that have raised investment and hit significant milestones since participating in the accelerator:

Crewdentials is a software company that is determined to revolutionise crew onboarding and certification management within the maritime industry. Their secure platform will act as a central hub to hold and share crew data, keeping multiple client systems up to date whenever a crew member updates their information. Since participating in YV, the company has secured a huge crew management client with more than 20,000 crew members, has moved to new offices, and is currently hiring. The team have also successfully raised investment from two business angels, to further accelerate the growth of the business.Yachting Ventures Crewdentials cohortSeasy is described as the AirBnB of the seas, connecting boaters with marinas and providing boaters with information on their next destination. Seasy offers a total solution that eases the everyday life of sailors, as well as marinas and yachting harbours. Since participating in YV, the startup has created more than 1 million in booking value and has raised a six-digit investment round, with both business angels and a VC firm participating in the round.Yachting Ventures Seasy cohort Hefring Marine is building an intelligent and condition-adaptable speed and wave impact guidance system for boats, supported by a user-friendly fleet management software with real-time monitoring and detailed trip insights and reports. Since participating in the secon YV accelerator, the startup has grown its customer base, and secured investment from New Business Venture Fund, INNOPORT and Tech Nexus. The investment will extend their runway for 18-24 months and will help them to scale faster, expand their systems capabilities and grow their sales and development teams.Yachting Ventures cohort Aside from the portfolio of successful startups like those detailed above, the YV website is filled with quotes from previous attendees, such as Martha Silcott of FabLittleBag who said:

“As a newbie to yachting, the YV accelerator was absolutely brilliant. It brought together a plethora of experts from the world of yachting, all successful, all with different perspectives, stories, and advice. The course itself was very structured to ensure that we covered every aspect of setting up a new business in this world, from the “boring” legal stuff to the branding and sales stuff. There is a lot of cover, and you will get a huge amount from this course - not only is it worth every penny, but it is a bargain for the value it brings.” 

To find out more about YV and to sign up to the upcoming accelerator, make sure to submit your application before the end of November 2021 here: https://www.yachtingventures.co