During the training period, Arquia Foundation will subsidize the scholarship holder with an economic endowment of €7,000.
The scholarship also includes the development of the innovation and entrepreneurship plan of Factoría Cultural, consisting of 24 hours of consultancy (during 3 months) distributed in three blocks (market, value offer and prototype development) where Market, Offer, Branding and Marketing workshops and creativity sessions will be developed. Plus, 6 hours of process monitoring (for three more months) by a mentor from Factoría Cultural, who will monitor prototype implementation and market launch.
This innovation and entrepreneurship plan will include all of the services of Factoría Cultural, such as: 100Mb of symmetrical internet for uploading and downloading content, access to consultancy (among others: legal, accounting, technology, programming, communication, etc). As well as other added value programs: access to crowdfunding campaign, access to digital marketing campaigns and visibility programs.
Apart from the services and resources of Factoría Cultural, Arquia Foundation offers each entrepreneur one (1) advisor of recognized prestige in professional development management, related to the field of Architecture, who will tutor them throughout the project through face-to-face and online sessions. This mentoring will be oriented to decision making and will guide them through the whole process of preparing the business plan and analysing its feasibility. It will also provide the scholarship holder with the contacts and information he or she will need to work on his or her business project successfully.
Arquia Foundation will pay for the costs of the trip to Madrid (a return ticket by plane, train or vehicle - as determined by the Foundation), provide coverage under the terms of the travel assistance policy contracted through the Arquiseguros brokerage.
The payment of the registration fee will be made directly to Factoría Cultural.
In the event that the scholarship holder works with a team of one or two other people, Factoría Cultural will give the interested party the following discounts:
- 2nd person bonus: 75% of the monthly fee.
- 3rd person bonus: 50% of the monthly fee.