In 2019, BCR will cover the costs for all the scholarships allocated to the entrepreneurs in this project, the logistics courses and costs, without requiring equity in the companies selected in the program.

Mindspace Business District, Globalworth Campus A, 8A, Bd. Dimitrie Pompeiu, Bucharest, Romania

©2019 by InnovX Business Accelerator

GRINDERS COHORT

1st of July - 20th of  September 2019

The Grinders Cohort addresses successful technology entrepreneurs using emerging technologies such as, but not limited to: Artificial Intelligence, Automated Learning, Robotics and Automation.

 

If you are a startup at the beginning of the road or you've established a few years ago, or if you are an experienced entrepreneur from abroad returned to the country to contribute to the development of the economy through innovative projects, or you are a student with a bright ideea, now you have the resources to turn your tech services into solutions that will inspire confidence in the future! 

 

INNOVX GLOBAL BUSINESS

 ACCELERATOR

InnovX is an non-equity business accelerator structured as an intensive program that scale your business or business idea, compressing years of learning from experience in just a few months! Imagine a unique business ecosystem where you constantly test what works and what needs to be changed in your business. Moreover, you are constantly interacting in an innovative and competitive environment. Throughout the program, you benefit from permanent educational resources, networking, specialized guidance and mentoring from leading executives. As a Grinders Cohort accelerated company you will have the opportunity to present your revolutionary tech idea at the Startup Grind Regional Conference.

 

OUTCOMES

We'll help you develop competencies needed for seizing the opportunities and network offered by
InnovX Business Accelerator

ENTREPRENEURIAL SKILLS

INNOVATIVE MINDSET

EUROPEAN GRANTS ACCESSION

LEADERSHIP & RESPONSIBILITY

STRATEGIC THINKING

BUSINESS INTELLIGENCE

SCALABILITY OF BUSINESS

RAISING RISK CAPITAL

 
 

OUR GRINDERS

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2019 GRINDERS COHORT

How do I participate in the program?

ONLINE APPLICATION

20 April - 20 May

Apply online through the signup form. Complete the data carefully as required and shortly after the selection process, a InnovX representative will contact you if you are preselected to become one of the 10 eligible participants.

FAST TRACK DAYS & SELECTION DAY

May - June

If you are pre-selected, you will participate in the Fast Track Days where you will have to present your pitch and have an interview with InnovX team members. The final 20 companies will be invited to the Selection Day to pitch and respond to the questions of our Jury. The best 10 grinders will be selected.

BUCHAREST BOOTCAMP

1st July - 20 September

The bootcamp program takes place in Bucharest for 3 months between the 1st of July and the 20th of September. During this time, you must be present in all activities within the program to graduate and access exit opportunities.

CONFERENCES & DEMO DAYS

September - November

After completing the bootcamp successfully, you will be given the day and location for the Demo Day, the day your project is presented. You will have the unique opportunity to attract investors and venture capital in Bucharest, Barcelona or Tel-Aviv.

 

DREAM BIG

Whill you be the next Entrepreneur of the year?

This Summer, InnovX Business Accelerator will scout for the best tech businesses that can change the world through their brilliant innovation and continuous ambition. We will award 10 scholarships of 3 months intensive program in Bucharest followed by a participation at the Startup Grind Conference in Bucharest and Barcelona or Tel - Aviv.

What are the eligibility criteria?


To get one of the 10 places in the InnovX Accelerator, you must meet all eligibility conditions for the Grinders Cohort:


You have registered, or intend to register a micro-enterprise, a social enterprise or an association / foundation on the Romanian territory (legal person or authorized natural person) in any technological sector. 

If you are accepted in the program but did not incorporate yet your entity, you have to do it in the first month of the Grinders Cohorts (until 31st July).


The incorporated entities must have a turnover or attracted a financing / investment under 100.000 Euros. The turnover may be cumulated with that of other companies with which it forms a group in the sense of the SME Law (in the case of companies).


Technology readiness level-TRL is ideally situated between TRL 1 and TRL 2 where:
o TRL 1 represents the basic principles observed
o TRL 2 is a formulated technology concept

TRL 5 represents validated technology in the relevant environment

 
Innovx21