Seven winners of the EIT Digital Venture Programme have raised close to EUR 400 000 in private investment in less than three months after incorporating their start-ups.
This week marked the end of the final phase of the EIT Digital Venture Programme, which began in early September, when 28 teams from Central and Eastern Europe, the Baltics and Southern Europe completed a two-month online pre-acceleration programme.
After developing their Minimum Viable Product and incorporating their start-up, the teams started engaging with private investors. In less than three months, seven teams from seven European regions successfully raised close to EUR 400 000 from private investors. Based on this achievement, the seven start-ups were also awarded an additional EUR 70 000 in co-investment from EIT Digital.
The winning teams are:
- GetBoarded Technologies (Portugal)
- Revolab (Lithuania)
- OPTIFOOD (Slovenia)
- Omnio (Bulgaria)
- Evelon (Portugal)
- RestPay (Poland)
- Vision Anchor (Slovenia)
In the past three years, the EIT Digital Venture Programme has supported a total of over 200 entrepreneurs from 70 teams, taking each team from early-stage development to incorporation, and now to investor engagement. The Venture Programme 2020 is organised by EIT Digital in partnership with ABC Accelerator (Slovenia), BGI (Portugal), Found.ation (Greece), Kraków Technology Park (Poland) and Start-up Wise Guys (Baltics).
The programme offers financial support of up to EUR 25 000, resources to develop a minimum viable product, and business development support from international experts to establish a venture and join EIT Digital’s ecosystem.