February 24th, 2022. Techcelerator brings to Romania and Bulgaria the Venture
Program, the pre-acceleration program launched by EIT Digital, developed to support
early-stage entrepreneurial teams on their journey to market. The program is
open to teams from the Baltics, Eastern Europe and Southern Europe (full list
of 19 countries here).
Entrepreneurial, non-incorporated teams with digital deep
tech business plans are encouraged to apply by April 8th.
Program takes young entrepreneurs from idea to investment in less than a year. The selected teams will
receive an intense 8 week knowledge training, they will get support to build
their MVP, as well as financial support from investors, to navigate efficiently
through the first year of building their business.
At the final “Pitch Days”, teams get
the chance to validate their business solution by presenting it in front of
early-stage investors, potential clients, and experts from the tech
The program will select
non-incorporated multidisciplinary teams, with the best innovative business
ideas, PoC or prototype in one of the EIT Digital 5 market verticals: Digital
Industry, Digital Cities, Digital Wellbeing, Digital Tech and Digital Finance.
Among other selection criteria are: addressed market or business challenge,
technology underlying the product/service, product innovativeness, global
market and risks associated with the business model.
All accepted teams will receive a 5000 euro grant funding
upon the selection in the program. Winning teams will receive a grant of up to 25,000
pre-accelerator program starts on May 10th, it lasts for 2 months,
and will be organised online. The full program lasts until November 30th,
2022. The interested founders are invited to apply until April 8th here. More information about
the program is available here.
In the past
four years, the EIT Digital Venture Program has supported more than 93 teams
and over 200 entrepreneurs in an early stage of their development. Many of these teams have
attracted investors during or shortly after the pre-acceleration program.
believe in the impact Romania and Bulgaria can have on the European innovation
system, therefore we seek to enhance their contribution by opening a path for
the young entrepreneurs in the region to start their venture and be successful.
It’s always together that we are stronger, more knowledgeable, more efficient.
ROTSA is constantly promoting Romanian start-ups, and is always at work to
consolidate Europe’s start-up ecosystem”, states Tudor Pasc, Incubation Director, ROTSA.
to our focus on pre-seed technology start-ups, Techcelerator is keen to support
grassroots ventures. This year, we are happy to do so with the Venture Program,
as members of the European Institute of Innovation and Technology. There is
great need to work with founders, even from the idea stage, and support the
best ones to grow and become the next unicorns in the region. What it takes is
the urge and commitment to build a viable venture”, states Cristina Țoncu, Co-Founder Techcelerator.