Starting-up in deep-tech
& in need of a push?
ARISE Europe Venture Program

15.000€ and expert support

Here is a chance to establish your venture in Europe with top experts support from the EIT Digital network.

The ARISE Europe Venture Program is a two-stage competition that supports the establishment of deep-tech- based ventures in East and Western Balkans.

Apply before 15th May 2018 to get a chance to participate in ARISE Europe Venture Program.

Why apply?

ARISE Europe Venture Program is designed to help entrepreneurs :

  • Develop and finalize their Minimal Viable Product
  • Establish their startup company

The program is equity-based (7%).

The Acceleration Phase in the West Balkans Regional Edition of ARISE Europe Venture Program will be executed by ABC Accelerator.

ARISE Europe Venture Program offers to participants:

  • Up to 15,000 € (5,000 in the first stage and 10,000 in the second) per applicant from EIT Digital,
  • Expert support in the development and finalization of their MVP,
  • Training in entrepreneurial skillset through a two-day Bootcamp,
  • 6 week-long Acceleration Phase provided by experienced mentors

Key milestones of the program

15th May 2018
18th May 2018
21st May 2018
9-10th June 2018
6 week
12th/13th  July 2018
1st September 2018

– Submissions Deadline
– Selections Interviews for Shortlisted teams
– Announcement od winners
– Bootcamp in Ljubljana for selected teams
– Virtual Mentoring Program provided by mentors
– End of Program and Pitch Day
– Venture Incorporation

Who may participate?

ARISE Europe Venture Program is in search of strong value propositions from enthusiast entrepreneurs based in Albania, Bosnia and Herzegovina, Croatia, The former Yugoslav Republic of Macedonia, Montenegro, Serbia, Slovenia, with an existing prototype or Proof of Concept (PoC) or who are eager to finalize an MVP during an intensive 6 weeks program.

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

The venture 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:

  • Digital Industry
  • Digital Cities
  • Digital Wellbeing
  • Digital Infrastructure
  • Digital Finance

How to apply?

All applications must be submitted in English in writing using this link to apply – no paper submissions will be considered.

  • Submissions are expected to be done by multidisciplinary teams with both technology & management skills
  • 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 (downolad Rules & Regulation for West Balkan here)
  • The program is equity based and participating teams commit to give 7% of shares of any established venture resulting from the program.

(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.)

By applying to the Venture Program, teams participate in a two-stage competition. In the first stage, teams have the chance to win a “Growth Package” consisting of a cash prize and the participation in the Acceleration Phase. Admission to the second stage requires the
successful completion of the first stage and the incorporation of the venture, and gives the chance to applicating ventures to win the “Final Prize”, a cash prize of 10,000 €. Established ventures will provide EIT Digital with 7% equity.

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