Applications open for 3rd CEE Scaleup Challenge by Vestbee

Competition

Image by Denphumi / Shutterstock.com

Innovative, fast-growing companies from the CEE region have a chance to win fast track to EUR 1 million investment from Next Road Ventures and many valuable prizes in the third edition of CEE Scaleup Challenge organized by Vestbee, an online matchmaking platform for startups, scaleups, VC funds, accelerators, and corporates. 

Image by Denphumi / Shutterstock.com

The winners will present their businesses to a number of VC funds, corporates such as InnoEnergy, Earlybird, Credo Ventures, Market One Capital, Speed Investments Iron Wolf Capital, bValue, Tera Ventures, Flashpoint, 212, Sabic, Alfabeat, Engie, PGE Ventures, and EIT Digital.

Selected applicants will get free tools, credits and discounts on different business services provided by the competitionʼs partners.

Some of the prizes include up to USD 25,000 credits on Amazon Web Services, up to 90% discount from HubSpot, or up to EUR 30,000 credits from Stripe. Applicants will also get a unique opportunity to use free business tools from Brand24, Revolut Business, TrustMate, Avisto, HR Hints and receive media coverage and tickets to leading events, from companies like MamStartup, InfoShare, and Webit.

One of the special prizes supported by InnoEnergy, strategic partner of the competition is the invitation to the "InnoEnergy Fast Track to Investment" program dedicated to energy, cleantech, and mobility companies. The selected scaleup will get direct support from InnoEnergy’s network of experts in the areas of technology development, internationalization, business development, mentoring and above that fundraising support.

Application criteria

CEE Scaleup Challenge is looking for companies raising late seed, Pre-Series A, Series A, and beyond that fit within one of the categories of business & ICT, SaaS, AI, analytics, big data, fintech & insurtech, smart cities & home, industry 4.0 & proptech, planet & sustainability,  as well as healthcare & wellbeing. 

Candidates may apply to the CEE Scaleup Challenge via Vestbee matchmaking platform before November 23. 

More information about the challenge and application is available here.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.