The programme will be delivered on a competitive basis and selected enterprises will join a cohort of dynamic venture teams in an intensive and tailored 18-month experience-based Scaling Programme. The programme engagement includes - but is not limited to - strategic innovation business diagnostic workshops, advisory projects, mentorship, business matching with SMEs, regional and international expansion, and investor pitching events. The areas of support and intervention will depend on the competencies and needs of the individual enterprises and could include:
Support Area | Support Input Examples |
|---|---|
Strategy and Planning | Access to all commercial consulting & technical skills as required |
Engineering and Technical Solutions | Introductions to investors, funders and credit sources |
Fundraising and Financial Management | Negotiating, Valuations, Term Sheets & Investment |
Accounting and Financial Reporting | Cash-flow Management & Operational Planning |
ICT and Digitalisation | Identification, evaluation, introduction & negotiation with potential customers, suppliers and channel partners |
Internationalisation and Scaling | Entering international markets and establishing international business entities |
Lean and Agile Processes | Developing & Implementing Marketing & Sales Plans |
Legal, Governance and Compliance | Cell |
Marketing, Communications and Sales | Cell |
Operations and Quality Management | Cell |
Organisation, Leadership and HR | Cell |
Pitching, Equity and Investor Relations | Cell |
We are looking to support and engage with high-potential, innovative, growth-oriented start-ups that demonstrate the potential to scale rapidly and to attract finance. They will be supported by a suite of advisory instruments. The programme looks for registered private enterprises that fulfil the following criteria:
A proven innovative technology-based solution or innovative business model;
A large market opportunity;
A strong competitive advantage;
Managed to substantially increase revenues within 3 years of business operations;
Interested companies are asked to submit an online application following the guidance under “Application process”.
Programme Stage | Timeline |
|---|---|
Application deadline | 25 June 2022 |
Preliminary selection notification | 15 July 2022 |
Company pitch sessions and | July / August 2022 |
Application process
Please check for more info about the programme and the application link (under “How to Apply”) at: https://www.ebrd.com/starventure/start-ups, and submit your application form by 25 June 2022. Before you fill out the application, please ensure that your company's financial data and pitch deck are ready to be uploaded. Please fill in the form as accurately as possible.
Further information
Once companies are shortlisted, they will be asked to pitch their presentation to an international panel of experts and investors in the final round of selection. It is therefore important that applicants provide as many details under each section of the application as possible, and also clearly present why and how the company, its product/solution and strategy are best placed to exploit and scale within the identified market opportunity. For tips on how to deliver the perfect 5 minutes pitch, we have prepared for you the presentations of Francesco Cracolici from Nomadic Minds, who is responsible for running the mentoring platform and fundraising activities within the Star Venture Programme. You may access the presentations here:
https://vimeo.com/522333873/97d41ed428
and https://vimeo.com/521896436/15e613ac07
For the additional information and clarifications, please contact Dejan Tonic, the Programme’s Regional Coordinator for the Western Balkans ([email protected]). Further assistance with the preparation of applications will be provided by the EBRD Western Balkans local teams and regional partner accelerators as part of regular bi-weekly Open Doors group sessions (to be announced), so please contact us for additional information and keep in touch.
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