Booking.com awards top grants in Booster accelerator program
Booking.com wrapped up their 3-week Booster Program, awarding full grants of €400,000 to Backstreet Academy (Singapore) and €200,000 to Authenticook (India). The accelerator features startups that use their business to promote a culture of sustainability in tourism.
10 startups participated in the Booster Program held in Booking.com's headquarters Amsterdam from June 5 - 23 this year. Booking.com's mentors and coaches guided each startup in growth and development of their business, helping them work towards making the travel industry more sustainable.
During the final live pitching, each startup had just 3-minutes to present their scaling plan to a panel of 5 judges, followed by a 7-minute Q&A session. Other startups awarded partial grants were Seabin Project (Australia & Spain) for €350k; Local Alike (Thailand) for €300k; Awake (Colombia) for €300k; Good Hotel Group for €300k; and Desolenator.org (Global) for €150k. Each startup will receive a further 6-9 months of mentorship by Booking.com on scaling their business.
Booking.com is a global leader in offering a wide selection of places to stay for travellers. The Booster is part of Booking.com's Booking Cares Volunteer Program, which has been running for the past 3 years.
Gillian Tans, CEO of Booking.com, said “I was particularly impressed with the entrepreneurial vision they all demonstrated in approaching a wide array of different challenges related to sustainable tourism. I’m really looking forward to seeing their plans unfold over the coming months and years, and to following the future successes of these amazing companies as they continue to bring their vision for a more sustainable future for the global tourism industry to even more destinations worldwide.”