The accelerator grants access to advantages and benefits worth more than EUR 150,000, including discounts and benefits offered by tech partners such as Notion, AWS, and Twillio Segment; access to the House of Startups (a free co-working space) for two years; accommodation grants; opportunities to participate in international conferences; as well as access to Jobs in Startups, a platform for finding employees or co-founders.

The program is free but requires a total involvement commitment from the selected founders in each phase of the program. Registration is open until March 5.

Teams with the most significant potential to raise investment in the next 6-12 months will be selected in the follow-on Investment Readiness Program. They will attend workshops focused on critical aspects of fundraising, including methods for evaluating an early-stage startup, strategies and crucial metrics to watch for when raising investment, investor management strategies, and preparing a successful pitch. Founders will also benefit from match-making and introductions to investors.

“We believe that the coming years have great potential for the development and growth of startups in Romania and CEE,” says Valentin Iulian Ţoc, the coordinator of the accelerator.

This article was first published in the Budapest Business Journal print issue of February 24, 2023.