Prize: 500k euros expected SEED investment round. To be eligible, startups must show that they have a product on the market, users, and the experience of attracting a previous round of investment, they must provide tech / high tech products and services, and be internationally scalable. May 31st, 2022, is the deadline for submitting applications.
Techcelerator, the most active accelerator for technology startups in Romania, is running, in partnership with its investment partners and SeedBlink platform, the second edition of the Investment Readiness Program, which prepares technology startups to attract SEED investors and raise successive investment rounds of up to 1 million euros.
The program is tailored for technology startups in Romania and Southeast Europe, which are getting ready to raise a round of SEED investments within the next 1-6 months. To be eligible, startups must be mature, they must provide tech products, already have a product launched on the market, and have traction, stable partnerships, and customers. They must have a strong team and the ability to scale internationally.
The Investment Readiness Program will have 8 sessions and will run from June 6 to June 27, 2022. It will include one-on-one workshops and sessions on developing and refining the fundraising process, frameworks for validating company valuation, and alignment with the mindset and process of international venture capital investors.
The program will end with a private pitching event attended by the most active partners from local and international investment funds focusing on SEED investments. Following this event, the best performing start-up will receive an investment award of up to 500,000 Euros, led by Techcelerator and the program investment partners, with a co/investment participation through SeedBlink platform.
Startups can register by May 31st, 2022, on Techcelerator.co.
„The Central Eastern Europe tech sector is growing quickly and has emerged as one of the most important areas of focus for European investors. Techcelerator provides strong support for the local tech ecosystem – we look forward to meeting the new cohort of founders who are looking at building the next global success story”, say Kamil Mieczakowski and Radu Bozga of Notion Capital.
Startups will receive direct advice from the Techcelerator team, regional & international VC investors, the regional online investment platform SeedBlink, as well as from our portfolio of successful founders who have already raised a number of rounds of funding.
The Investment Readiness Program focuses exclusively on increasing the performance of founders in attracting investments and provides startups with the framework and the community of investors with whom they can improve their investment rounds and strategies. The program is implemented with the help of VC investment funds, the startup founders who have already raised investments, as well as of business partners in the legal and investment fields.
The curriculum is tailored to each startup, and, in addition to practical workshops, the participants will receive direct advice and individual mentoring sessions. The design of the program makes it possible for startups to work on preparing their documentation for listing or fundraising (fundraising pitch deck, executive summary, investment memo, budgets, and financial forecasts, business cases, pricing strategy, risk management), together with professionals from the investor community.
The program includes the
following 2 modules:
“Company Valuation” – a module where startups will get access to venture capital experts with whom they will evaluate the company, and the perspective of the investors present
“Startup Legal & VC Investments”, developed with our legal partners, where the startups will get access to lawyers with M&A experience and expertise in preparing investment documents and strategies specific to VC investments
Through the program’s investment partners – the SeedBlink online investment platform and the GapMinder BV fund, as well as the VC regional investor community – the participating companies will have the opportunity to present their business cases and get valuable and relevant visibility for their development.
The Investment Readiness program is supported in Romania and Southeast Europe by Google for Startups and Google Romania, from whom the finalists will receive mentoring, resources to accelerate startups as well as 200,000 dollars in Googe Cloud credits.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
