Foreign startups will get even EUR 65 000 free equity grant for development thanks to Concordia Design Accelerator. The program was created to encourage founders from around the world to register companies in Wroclaw (Poland). The call for applications lasts until December 6, 2021.
Concordia Design Accelerator is part of the Poland Prize project organized by the Polish Agency for Enterprise Development (PARP). Its aim is to attract foreign innovators to Poland, enable them to set up a company, and then connect with representatives of VC funds or mature enterprises. All this to test the solution developed by the startup and help the young company achieve business success.
As part of the program, startups can receive substantive support, new contacts, as well as free equity grant of up to EUR 65 000.
- This is a really attractive offer, especially for those young technology companies that want to scale internationally. For them, Wrocław may be a starting point for expansion into the entire Central and Eastern European market. - Ewa Kaucz, head of Concordia Design Accelerator and managing director of Concordia Design Wrocław, the center of creativity and business on Wyspa Słodowa.
Concordia is the program operator: it obtained financing from PARP, promotes the idea, works with startups and connects them with business partners.
The call for projects for the second round will last until 6 December. You can apply through the program's website. The list of accepted startups will be announced on January 10.
Originators from all over the world can apply for the program. Ideally, young companies should develop solutions in the field of industry paths, i.e. artificial intelligence, cybersecurity or smart city. However, this is not a necessary condition.
Concordia Design Accelerator was promoted during international events such as Wolves Summit or Web Summit in Lisbon.
The startups invited to the first test round of Concordia Design Accelerator are already operating under the acceleration program. There are several projects, but they are very interesting.
- The founders of young companies with whom we work have already held several meetings with specialists in the field of law and accounting. The individual mentoring was attended by representatives of Santander Consumer Bank and MPWiK. One of our participants was also awarded during an international competition as part of a great technology conference - Wolves Summit - lists Ewa Kaucz.
Concordia Design Accelerator will run until October 2023. In total, there are five startup recruitment rounds.
Among the numerous business partners of the accelerator there are, Wrocław commune declared the possibility of testing startup solutions.
Other business partners of Concordia Design Accelerator are: Divante, Fibaro, Infor, Wrocław Air Freight Station, Wrocław Airport, Luxon LED, MPWiK Wrocław, Neurosoft, Neurosys, Quantup, RST Software Masters, Santander Consumer Bank, Whirlpool, TestArmy Group, Trudo, SunRoof, Śląsk Wrocław, CSHARK, GEFCO and FundingBox Deep Tech Fund, Venture INC, Satus Starter, RST Venture for Earth, Movens Capital, Shape VC, Cofounder Zone.
Apply: https://accelerator.concordiadesign.pl/
Contact: Michał Karbowiak [email protected]
0 comments