ARISE Europe Venture Program with funding of € 15,000

The ARISE Europe Venture Program is a new program that supports the establishment of deep-tech-based ventures in East and Western Balkans (Greece, Romania, Bulgaria).

Get a chance to further develop your company in Europe with top experts support from EIT Digital network!

Why you should apply:
ARISE Europe Venture Program is designed to help entrepreneurs:
Develop and finalize their Minimal Viable Product
Establish their startup company
ARISE Europe Venture Program offers to participants:
Funding up to €15,000 per applicant from EIT Digital for the period of the program
Expert support in the development and finalization of their MVP
Training in entrepreneurial skillset through a two-day Bootcamp
The program will be executed by Found.ation.

development-skill structure and key milestones of the program:
Deadline for submissions will be 15th May 2018
Shortlisted teams will be required to take part in a video conference interview on 18th May 2018
The 10 selected teams will take part in a 2-day Bootcamp in Athens, on the 4-5th June 2018
The teams will go through a 6 week-long virtual mentoring phase provided by experienced mentors
On the 10th July 2018, the teams will have to present their progress and pitch on a Demo Day
The 10 teams will receive €5.000 upon selection. Those who complete the program will receive an additional €10.000.

Who can apply:
Entrepreneurs can be based in Greece, Bulgaria, Romania.

Only teams who have not yet established their company as a legal entity can apply.

The venturing program focuses on deep innovation: new deep-tech-leveraged by global solutions requiring consistent human and financial resources to achieve commercialization.

The program focuses on 5 market verticals: icons

Digital Industry
Digital Cities
Digital Wellbeing
Digital Infrastructure
Digital Finance

How to apply:
Submissions are expected to be done by multidisciplinary teams with both technology & management skills.

All applications must be submitted in English in writing using – no paper submissions will be considered.
Submissions must be received no later than 15th May 2018, 23:59:00 CEST
Please read carefully the Rules and Regulations of the EIT Digital ARISE Venture Program before submitting your application.
The program is equity-based and participating teams commit to giving 7% of shares of any established venture resulting from the program.
Apply here

(By submitting the requested information, teams represent and warrant that they have all rights, title and/or interest in it and that it is accurate and complete and that by submitting to the ARISE Europe Venture Program, they are not and will not be likely to be violating any contract or third party rights, including any patents, copyright, trade secret, proprietary or confidential information, trademark, publicity or privacy right.)