V4 Startup Force alumni startups list various reasons why it is beneficial to apply to the business development program that focuses on the Visegrád region. Among these reasons are the lots of new knowledge, a wide network of investors, new sales opportunities and business contacts, valuable feedback regarding their companies, and regional expansion.
The most popular benefit, however, is that startups can participate in several business meetings per country, according to the press release.
Since 2018, V4 Startup Force has been building bridges among the entrepreneurial ecosystems of the Czech Republic, Hungary, Poland, and Slovakia – with the support of the International Visegrád Fund and together with professional partners.
Organizers originally aimed to create a cohesive community and showcase the region's economic strength, to show that startups and other actors of the market can count on each other. The program builds talent locally and keeps businesses in the region for a specific reason, which is – in the long run – to show the strength of the region to the global market.
Since the beginning, V4 Startup Force has helped more than 70 startups during more than 350 business meetings. This year, startups may apply until September 11 for the program's fall semester.
As in the previous semesters, 20 companies will enter the first round of selection, where they will immediately receive relevant business training. A total of four startups – one per country – will be included in the main program. After the intensive, three-day virtual bootcamp in November, the four startups in the final selection will tour the Visegrád region online and offline. The first three weeks will be held virtually, and the fourth one in person in Budapest.
The Czech DEX Innovation Center, the Slovak Campus Cowork, and the Polish Startup Hub Poland joined Design Terminal again as the program's professional partners.
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