Applications open for V4 Startup Force

Incubators

Startups from V4 countries interested in taking part in the spring semester of V4 Startup Force, launched by Design Terminal and the Hungarian Innovation Agency with the support of the International Visegrad Fund and regional partners, may apply until April 8, organizers tell the Budapest Business Journal.

The program, launched in 2018, aims at helping participants expand their businesses in the Visegrád region. Since its inception, it developed more than 50 startups with the help of more than 300 business meetings.

A total of four startups - one per country - will be included in the main program, but the 20 companies to enter the selection round will receive relevant business training. The intensive, five-day virtual bootcamp includes workshops, mentoring, and community and team building events, as well as the closing Demo Day.

Between May 16 - June 3, the four selected startups will visit the Visegrád region through online and offline programs. The first two weeks will be organized virtually, and the third one in Budapest, Hungary offline. During the opening week, the workshops will prepare startups for the business meetings, and the knowledge acquired will be useful for them in the meetings of the second and third weeks.

There will be at least three occasions per country and per startup, meaning that at least 12 business meetings will be held during the program. The Czech DEX-IC and the Slovak CAMPUS have joined Design Terminal this year again, and Startup Hub Poland is also helping the initiative as a new entrant.

"The V4 Startup Force paved the way to our regional expansion with useful contacts and a lot of new knowledge," says Bence Zwecker, one of the founders of the Hungarian startup, Munch.

David Suslik, CEO of the Czech project and workforce management platform OnSinch, believes that it is worth focusing primarily on development and expansion in the country or region where the company was born.

“We were looking for investors and other business contacts in Czechia, that’s why we joined the V4 Startup Force. It enriched us with new sales and networking opportunities,” he notes.

Application is available through the program's official website.

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