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

2nd of October - 20th of December 2019

Would you like to have a presentation booth at Silicon Valley's Startup Grind Global Conference in front of hundreds of investors and potential customers?

The Scaleups 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 scaleup 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, 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 Scaleups Cohort accelerated company you will have the opportunity to present your revolutionary tech idea at the Startup Grind Global Conference in Silicon Valley in February 2020 and in the Startup Grind Bucharest 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

 

2019 SCALEUPS COHORT

How do I participate in the program?

ONLINE APPLICATION

2 - 20 September 2019

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 5 eligible participants.

FAST TRACK DAYS & SELECTION DAY

21 September 2019

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 10 companies will be invited to the Selection Day to pitch and respond to the questions of our Jury. The best 5 scaleups will be selected.

BUCHAREST BOOTCAMP

2 October - 20 December 2019

The bootcamp program takes place in Bucharest for 3 months between the 1st of Octomber and 20th December 2019. During this time, you must be present in all activities within the program to graduate and access exit opportunities.

CONFERENCES & DEMO DAYS

February 2020

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 Silicon Valley and Bucharest.

 

THINK GLOBAL

Why not be listed on the leading stock exchanges?

This summer, InnovX Business Accelerator will scout for the best tech business that can change the world through their brilliant innovation and continuous ambition. We will award 5 scholarships of 3 months intensive program in Bucharest followed by a participation at the Startup Grind European Conference in London.

What are the eligibility criteria?


To get one of the 5 places in the InnovX Accelerator, you must meet all eligibility conditions for the Startups Cohort:

You have registered an SME (including young companies and start-ups) on the territory of Romania in any technological sector


Turnover in 2018 between 1.000.000 Euros – 2.600.000 Euros or attracted a financing / investment between 1.000.000 Euros –  2.600.000 Euros. The turnover may be cumulated with that of other companies with which it forms a group in the sense of the SME Law.


The technology readiness level (TRL) is idealy situated between TRL 6 and TRL  where:

TRL 6 represents the proven technology in the relevant environment (industrial-relevant environment for essential generic technologies)
TRL 7 represents the demonstration of the system prototype in the operational environment
TRL 8 is a complete and qualified system
TRL 9 is a current system proven in the operational environment (competitive production for essential generic or space technologies)