Creand Accelera

What Creand Accelera does

Creand Accelera is the unified entrepreneurship, investment, and innovation platform of Crédit Andorrà, SA, Andorra's principal private bank. Headquartered at Avinguda Meritxell, 80 in Andorra la Vella, the platform was formally launched in November 2025 to consolidate the bank's prior innovation initiatives — including the Scale Lab Andorra venture capital fund (established 2019), the IESE Business School Chair (renewed 2020), and the Enlaira acceleration program (launched September 2025) — under a single brand. Its stated mission is to diversify the Andorran economy, connect local and international talent with innovation ecosystems, and position Andorra as an international hub for entrepreneurship.

The platform operates four core program lines: (1) Enlaira, a domestic acceleration program co-delivered with Andorra Business that offers 30 hours of personalized mentoring, approximately €12,000 in resource value per startup including a €10,000 prize and €5,000 direct Creand contribution; (2) Andorra Open Valley, a three-year international acceleration program run with Plug and Play Tech Center targeting 30 high-potential startups to address challenges posed by Andorra's leading corporates; (3) the Creand Summer Innovation Challenge, an annual hackathon-style program for students interning at the Creand Group; and (4) Scale Lab Andorra, the first venture capital fund domiciled under Andorran law, offering up to €500,000 per portfolio company with follow-on participation rights. Supporting services include the Creand Innovation Hub (corporate-startup deal flow) and Creand Accelera Perks (vendor discounts hosted on getproven.com). The portfolio comprises 31 startups across Scale Lab plus minority stakes in Vesto (a Spanish fintech that won the 2025 Qorus-Infosys Finacle Silver Award) and StockCrowd IN (a CNMV-authorized crowdlending platform).

Creand Accelera generates revenue through a managed-services model anchored on returns from Scale Lab Andorra investments, co-financing of acceleration programs (with Andorra Business), and the strategic value delivered to its parent Crédit Andorrà in the form of innovation pipeline, brand positioning, and corporate client activation. Pricing is not publicly disclosed for most programs, and the entity does not report stand-alone revenue; the platform functions as a strategic innovation initiative within the bank rather than a commercially independent P&L. Distribution is hybrid: domestic self-serve program enrollment via creandaccelera.ad, international deal flow through Plug and Play's network, and enterprise sales for the Innovation Hub. Customer segments include Andorran and international startups (primary), corporate clients and investors (primary), and students and young talent (secondary).

Name

Creand Accelera

Legal name

CRÈDIT ANDORRÀ, SA

Website

https://creandaccelera.ad

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Creand Accelera is the unified entrepreneurship, investment, and innovation platform of Crédit Andorrà, running domestic and international startup accelerators (Enlaira, Andorra Open Valley), a venture capital fund (Scale Lab Andorra), and ecosystem services for Andorran and international founders.

Ownership category

akta.pro rank

Product category

Startup Acceleration & Venture Capital

NAICS

Educational Support Services (61171), Activities Related to Credit Intermediation (5223)

akta.pro industry

PRIMARYFSANAAAM

Accelerators & Incubators (Investor-Operated)

Financial & Insurance/Private Equity & Venture Capital/Venture Capital Firms

SECONDARYFSANAHAC

Corporate Venture Studios & Incubators (Build/launch ventures)

Financial & Insurance/Private Equity & Venture Capital/Corporate Venture Capital (CVC)

SECONDARYEDAMAHAC

Youth Business Incubators & Accelerators

Education/Supplemental & Enrichment Programs (Arts, STEM, Language)/Entrepreneurship & Business Enrichment

Keywords

• Startup acceleration programs
• Venture capital fund
• Entrepreneurship ecosystem
• Corporate innovation services
• Startup mentorship

Headquarters

HQ city

Andorra La Vella

HQ country

Andorra

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Startup acceleration and investment programs: Creand Accelera provides acceleration programs (Enlaira, Andorra Open Valley) and investment vehicles (Scale Lab Andorra venture capital fund) that support startups in exchange for equity, program fees, or co-investment returns. Revenue is generated through returns on startup investments and facilitation of the entrepreneurial ecosystem on behalf of parent bank Crèdit Andorrà.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Creand Accelera operates a unified entrepreneurship and innovation platform that delivers structured startup acceleration programs (Enlaira, Andorra Open Valley, Creand Summer Innovation Challenge), manages a venture capital fund (Scale Lab Andorra) that invests up to €500,000 per startup, and runs services that connect Andorran and international startups with corporate clients, investors, and mentors. The platform is operated by Crèdit Andorrà, SA as part of the bank's strategic commitment to diversifying Andorra's economy.

Product overview

Creand Accelera is a comprehensive entrepreneurship and innovation platform launched by Creand Crèdit Andorrà that unifies multiple programs, investment vehicles, and services to support startups and entrepreneurs in Andorra. The platform operates through three main acceleration programs: Enlaira (local startup acceleration in partnership with Andorra Business), Andorra Open Valley (international acceleration with Plug and Play), and Creand Summer Innovation Challenge (student innovation program). Investment activities are managed through Scale Lab Andorra, the first venture capital fund under Andorran law. Additional services include the Innovation Hub (connecting companies with startups) and Creand Accelera Perks (discounts from service providers). The portfolio includes invested startups such as Vesto (digital investment platform) and StockCrowd IN (crowdlending platform).

Differentiator

Problem solved

Functional benefit

Brands

• Andorra Open Valley: International start-up acceleration programme in alliance with Plug and Play Tech Center, aimed at accelerating 30 high-potential start-ups contributing to Andorra's economic transformation over three years.
• Enlaira
• Creand Summer Innovation Challenge
• Scale Lab Andorra
• Creand Innovation Hub

Products and services

• Enlaira An acceleration program for Andorran startups co-delivered with Andorra Business, providing 30 hours of personalized mentoring, economic support, visibility, and access to strategic events to help early-stage Andorran startups grow.
• Andorra Open Valley An international startup acceleration program operated in alliance with Plug and Play Tech Center, targeting 30 high-potential startups over three years to solve challenges from leading Andorran companies and contribute to the country's economic transformation.
• Creand Summer Innovation Challenge An annual innovation program that invites students interning at Creand Group to work on real innovation challenges during summer, developing entrepreneurial skills and contributing impactful ideas through hackathons and design thinking methodologies.
• Scale Lab Andorra The first venture capital fund under Andorran law, oriented toward startups developing solutions in strategic sectors for Andorra. It offers up to €500,000 per project, with follow-on investment options, targeting innovative companies with distinctive technology or validated, scalable business models.
• Innovation Hub A service that connects established companies with startups to drive collaboration and discover new growth opportunities through a curated innovation ecosystem.
• Creand Accelera Perks A perks platform that connects startups and entrepreneurs with trusted service providers offering exclusive discounts and offers, supporting startup growth through reduced operating costs.

Quantifiable outcome

• 31 startups currently in Scale Lab Andorra portfolio
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Plug and Play Tech CentercoreStrategic or Co-development Partner · 25 November 2025Strategic collaboration for the Andorra Open Valley international acceleration program. Plug and Play TC identifies startups strategically aligned with the technological challenges of Andorra's corporate partners, provides market insights, and facilitates connections with business leaders. This is the primary delivery partner for Andorra Open Valley.
• IESE Business SchoolcoreStrategic or Co-development Partner · 29 September 2020Through the Crèdit Andorrà Chair of Entrepreneurship and Banking at IESE, led by Professor Albert Fernández. Supports business projects via Finaves venture capital fund, promotes research in Andorra on entrepreneurship, and organizes conferences and educational events. The Chair focuses on entrepreneurship, new technologies, and economic current affairs, with emphasis on commerce and tourism.
• ACTINNcoreStrategic or Co-development Partner · 1 January 2015Andorra's technology and innovation cluster. Creand is a founding member and board member since 2015. Collaborates on events including INNTEC conferences and Innoday. Contributes to the competitiveness of Andorran companies by facilitating access to new technologies and innovation.
• Andorra BusinesscoreStrategic or Co-development PartnerAndorra's economic development agency. Collaborates with Creand Accelera on the Enlaira acceleration program for Andorran startups, providing co-financing, expert selection committees, and promotional support for innovation and business activity in Andorra.
• FEDAminorGTM or Marketing PartnerAndorra's public electricity entity and sponsor of the Andorra Open Valley program. Contributes to sustainable development initiatives and is a collaborator in the startup ecosystem.
• CaldeaminorGTM or Marketing PartnerNatural thermal spa and wellness centre and partner of the Andorra Open Valley program, contributing to the ecosystem of collaborators supporting the initiative.
• Setap 365minorGTM or Marketing PartnerOperator of Soldeu-El Tarter and Pal-Arinsal ski resorts (Grandvalira Resorts group). Partner of Andorra Open Valley program, supporting the innovation ecosystem.
• Ingeni CoworkingminorGTM or Marketing PartnerThree coworking spaces in Andorra that help entrepreneurs create synergies. Collaborates with Creand Accelera on organizing FuckUp Nights, events where entrepreneurs share failure stories as a growth tool.
• Carnet Jove AndorraminorGTM or Marketing PartnerOrganization implementing the European Youth Card in Andorra. Participates in Empren Day and other activities to promote entrepreneurship among young people, aligning with Creand Accelera's educational mission.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BBVA Spark: Banco BBVA's fintech venture arm and corporate accelerator for financial-services startups. Comparable as a bank-backed CVC and accelerator platform targeting early-stage companies, with bank distribution advantages for portfolio companies.
• Caixa Capital Risc: La Caixa's venture capital arm investing in early-stage Spanish and Portuguese startups. Comparable as a Spanish-region bank-affiliated VC/accelerator ecosystem builder with multi-fund structures.
• Antler: Global early-stage venture firm and founder accelerator operating across Europe, Asia, and the Americas. Comparable as an accelerator-first platform supporting founders from inception through seed funding, often in partnership with corporate sponsors.
• Santander X: Banco Santander's global entrepreneurship platform including university-linked challenges, accelerators, and venture funds. Comparable as a large bank-backed ecosystem platform targeting startups and student entrepreneurs across multiple geographies.
• Techstars: Global accelerator network running mentorship-driven cohorts with corporate partners. Comparable as a structured accelerator operator with mentor networks, demo days, and follow-on capital pathways.
• Plug and Play Tech Center: Global accelerator and venture studio that operates industry-specific programs with corporate partners. Direct comparison: Creand Accelera's Andorra Open Valley is co-delivered with Plug and Play, applying the same thesis of corporate-sponsored acceleration targeting 30 startups.
• InnoCells (Banco Sabadell): Banco Sabadell's corporate venture arm investing in fintech and digital startups. Comparable as a Spanish bank's CVC platform combining investment, acceleration, and ecosystem partnerships.
• MassChallenge: Global non-equity accelerator running corporate-sponsored cohorts across multiple geographies. Comparable as a non-bank-affiliated but corporate-partnered accelerator delivering structured programs and connecting startups to enterprise customers.

Broad incumbents

• Bankinter Innovation Foundation: Bankinter's corporate innovation and venture initiatives, including startup programs and education partnerships. Comparable as a Spanish/European bank with structured innovation and entrepreneurship programming tied to academic institutions.

Others

• IESE Business School (Entrepreneurship): Top-tier European business school and partner of Crèdit Andorrà through the Crédit Andorrà Chair of Entrepreneurship and Banking. Comparable as the academic/educational counterpart providing research, training, and the Finaves venture fund that complements Creand Accelera's startup programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@creandaccelera
• LinkedInlinkedin.com/company/creand-accelera

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Creand Accelera