As we enter the post-pandemic world, the global yacht market has thrived and is the strongest it’s been in four years. According to an April 2021 report, the global yacht market—valued at $8.15 billion in 2020—is expected to expand at a compound annual growth rate of 5.2% from 2021 to 2028.
The island of Mallorca and the Balearics are strategically located to benefit tremendously from this continued growth. The islands are a key yachting hub, currently hosting more than 700 nautical companies that employ over 4,000 people and generate more than 420 million euros.
With the infrastructure and support already in place, Mallorca is a fantastic and strategic place to launch a startup in the leisure maine, yachting and superyachting industries. Yachting Ventures is here to help you do just that. The accelerator has now worked with over 50 startups over two cohorts and has experienced nothing but success.
You can see a full list of Yachting Ventures startups here:
https://www.yachtingventures.co/portfolio
The community that Yachting Ventures are building allows for knowledge and resource sharing, increases brand awareness for new startups in the yachting space, and helps make connections to the right people at the right time.
The Yachting Ventures Team
Yachting Ventures has brought together key industry experts and experienced entrepreneurs who have launched, scaled and sold their own businesses in the yachting space. The Yachting Ventures Mentor team has been carefully selected to provide the best possible support in a business capacity, whilst also giving founders the opportunity to network with some of the leading players in the industry.
You can see more detail on the Yachting Ventures Mentor team here:
https://www.yachtingventures.co/team
Gabriella Richardson, founder of Yachting Ventures, grew up on the island and studied at Queens College before moving to London and working for tech startup SeedLegals. At SeedLegals, she worked with founders, startup accelerators and investors to help automate the fundraising process.
The Program
The program itself is fully remote and stage-agnostic. The content covers everything from validating an idea to growth strategies and raising investment. It is an immersive experience, aiming to accelerate the growth by compressing years’ worth of learning into just a few months. Sessions are recorded and all content is accessible online, so founders are able to work at their own pace - wherever they are in the world.
Yachting Ventures 3.0
If you’re thinking about launching a startup, Yachting Ventures is on a mission to help you.
Applications for the next cohort are now open and the 6 week program itself will start 17th January 2021.
Applications close: 26th November 2021.
Get in touch for more information: hello@yachtingventures.co