launch | connect | transform
A targeted venture platform for early stage startups
launch | connect | transform
A targeted venture platform for early stage startups
launch | connect | transform
A targeted venture platform for early stage startups
Ideal for first time founders,
researchers and entrepreneurs in residence
Build a capable team, incorporate your startup, and launch your MVP – incubate
Ideal for first time founders, researchers and EIRs, the Spark focuses on validation, operations setup, team formation and scale – venture formation
Receive financial support from the funds of the Equifund vehicle, including but not limited to our very own Velocity.Partners - Grow
Access new European markets and negotiate partnerships with major corporations. Ideal for companies above 1M ARR - scale
Team formation
Operations setup
Validation
Scale
Participation
Spark will comprise an intensive 8 weeks program for up to 5 teams each cohort. For 2020, the teams will be selected from the pool of teams that have successfully completed the EIT Digital Venture Program 2020.
It provides tailored coaching, training on service design and pitching, as well as opportunities for networking and exposure to market.
The program targets technological companies from Greece, Cyprus, Bulgaria, Romania and Albania. It is offered at no cost to the selected startups.
Focus
We are choosing among innovative, tech companies developing products in 5 major fields
Digital Industry
Digital Wellbeing
Digital Tech
Digital Finance
Digital Cities
Benefits
1
1
2
2
3
3
4
4
5
5
1
Be assigned a sponsor that will monitor their progress and accelerate their growth. The sponsor will be responsible to customize support to each team and pull resources as required
2
Receive service design guidance and support focused on their product making sure of the correct product fit and market alignment
3
Be connected through their sponsor to mentors from Found.ation’s ecosystem and other industry experts
Provided by our sponsors
- Receive a complimentary media plan of €3000 by Kathimerini, with the possibility of a custom follow-up media-for-equity deal.
- Get free credits and significant discount for the “Oracle for Startups” package, receive 1:1 consulting and participate in webinars from Oracle specialists.
- Participate in business webinars by PWC consultants and join 1:1 sessions with their industry experts.
Work with a dedicated coach that will monitor your progress and push towards accelerating your growth. The coach will be responsible to customize support to each team’s needs and pull resources for help as required.
Receive service design guidance and support, focused on your product and users, aiming at the correct product fit and market alignment.
Connect through your coach to mentors from Found.ation’s ecosystem and other industry experts.
Provided by our sponsors
Kathimerini will offer to the participating companies a communication program through its printed and digital media, which will promote the product and the goals of the companies.
Oracle will provide all teams with participation in the Oracle for Startups program, including free credits for using Oracle Cloud services, as well as significant discounts afterwards, and a chance to get in touch with Oracle’s international startup ecosystem. Company experts will contribute to the technological guidance and consulting support of the teams that will choose it.
PwC will provide specialized consultants, who will offer training to the teams on specific business sectors through the organization of targeted seminars, while at the same time they will provide guidance and consulting services to the teams that request for them.
Selection criteria
Outcomes
- Develop a go to market strategy and test their product market fit
- Optimize their business plan for entering the market with confidence
- Deliver a cutting edge technological product
- Network with key stakeholders, potential corporate clients and investors
- Have the opportunity to grow on a professional as well as personal level
- Fine tune their investment plan and readiness, targeting pre seed to seed financing (100-500k)