DIY-ACCEL
Piloting of Danube and Ionian Youth Entrepreneurship Acceleration
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Spherik
Name of Programme/Fund: Spherik
Country: Romania
Priority Sectors for Funding: Not specifically defined but supported start-ups are all related to web, ICT and online products or services
Range of services offered: Acceleration Journey:
- 4 weeks of heavy focus on validation of the business idea
- 12 weeks of intensive work of building the product, preparing a smart launch, then getting traction and fueling growth
- Funding.
Services:
- intensive program designed to help define, build and market-test the product
- connection with international partners, corporate partners and innovative startups
- direct assistance in shaping go-to market strategy, launching and optimising marketing machine
- access to startups conferences, meetups and one to one meetings with investors
- initial investment opportunities of up to €1 Million for the startups selected in this acceleration program
- Free private office and co-work area accessible 24/24 at Liberty Technology Park in Romania
- Access to office hours with over 30 high caliber mentors & industry leaders with various areas of expertise
- legal, financial and accounting advice, development tools, business development, recruitment and team development consultancy
- connections to potential clients, partners and access to international markets via corporate partners
Terms of funding: - The candidate has started working on a product and can show at least a prototype or proof of concept or some form of minimum viable product (MVP);
- The candidate needs to have a team or to be in the process of getting a team;
- Proven commitment in the startup;
- Need for product, marketing, funding or international expansion assistance;
- Ready to fully engage in the acceleration process for the next 4 months.
Risky Business
Name of Programme/Fund: Risky Business
Country: Romania
Webpage: http://www.riskybusiness.ro/
Priority Sectors for Funding: Industry agnostic (not focused on a specific sector) but prefer sectors of their own team expertise (tech)
Range of services offered: Investment between €20,000-100,000 in cash, plus comprehensive support and hours for product, marketing, go-to-market, strategy, business development.
They expect startups to work intensely to grow their startup. The accelerator partners work with the start-up every day on product, marketing, go-to-market and scaling, pitching, strategy, PR, business development, investment strategy, leadership. Each week networking and pitching events demand to tell about progress and next steps to the colleagues and the investors. There are workathons, workshops, and networking events based on the teams’ needs.
Terms of funding: - startup is generally in the process of building the team and initial product/prototype, but has a strong idea and the core team members covered
- startup is generally in the process of establishing product-market fit and early revenue
- accelerator program takes 5% equity, in exchange providing intense support for product, go to market, scaling, connections, working space, marketing and PR support, and more on an ongoing basis
The Carbon
Name of Programme/Fund: The Carbon Program
Country: Romania
Webpage: http://carbon-incubator.com/program/
Priority Sectors for Funding: Gaming Industry
Range of services offered: There are three service tiers. On the basic level, start-ups get mentorship, access to the Program contact network, admin services and working space & equipment. Second tier gives access to development services, sponsorship for industry events, PR and publishing services. Third tier includes development funding of up to 50,000 USD, either as a development grant or through rented development resources. In exchange for those services, start-ups agree to give Carbon 10%, 20% or 30%, respectively, of the game’s revenues. No equity, the Program focuses on indies (independent start-ups).
Terms of funding: From the teams that apply for funding, the Application Review team will select the projects with the best potential. The funded teams will include all 3 service tiers and in return for funding, 30% share of the game’s net revenues is envisaged as a Carbon share.
Crossrider Innovations
Name of Programme/Fund: Crossrider Innovations Program
Country: Romania
Webpage: http://innovations.crossrider.com/
Priority Sectors for Funding: - Desktop and Mobile Applications (Gaming, Utilities etc.)
- Unique User Acquisition Technologies
- Content Technologies (Creation, Arbitrage etc.)
- Unique Monetization Solutions
- Native Advertisement Solutions
- Chatbot Solutions
Range of services offered: - Co-working office space
- Mentorship Program – technological and business
- Legal and accounting support
- Funding (it is provided only after a period of working together)
- Networking with industry leaders and investors
Terms of funding: - looking for early stage companies, prior to or during their seed round
- teams with at least 2 founders, but no more than 10 members, where at least one of the founders has excellent proven technical capabilities
- no need to have a live product, but should have a demo/MVP in development
- an online application form, followed by a face to face interview and a presentation. 2 weeks for processing of application
- initial residency period in the accelerator of 3 months but flexibility is allowed
Faster Capital
Name of Programme/Fund: Faster Capital
Country: Romania
Priority Sectors for Funding: IT field (software, internet or mobile)
Range of services offered: - Mentorship
- Consultation: legal, marketing, finance and technical
- Network of investors and start-ups
- Regional Partner: a network of regional partners (100+). Regional partners can help in accessing new markets, market feasibility, product variation and culturalization.
- Finance: FasterCapital will feature the startup on its website and on its newsletter. The goal is to find an investor willing to put capital on the startup. It might also co-invest based on Faster Capital co-funding model.
Terms of funding: - Don’t give cash money. Co-fund by building the technical product. The team of developers of the Program will assist with wide skills, ready to develop the technical product from scratch.
- 50% of the required funding, the others will come from another investor or own resources of the start-up.
Orange Fab
Name of Programme/Fund: Orange Fab Romania
Country: Romania
Priority Sectors for Funding: Smart territories
Products that will change the territories where people live and work: products that will push the transformation towards Smart Cities, that will change the rules of agriculture through technology, that creates new ways of gaining, storing or saving energy or that rethinks the ways retail is done.
• Smart City
• Agritech
• Energy
• Retail
Future of life
This is the track for product about life – how it can be simulated by computers in order to break current technological barrier through artificial intelligence, how it can be further engineered using biotechnologies or how digitalization could bring impactful changes in people’s life.
• Artificial intelligence
• Biotech
• Digital life
• Health
• Smart Mobility
Networks of future
As more and more people and objects will be connected to the network and the information transported through the networks will become more and more important and complex, this track is seeking for products that will change fundamentally the communication networks and help create the ultimate smart network.
• Blockchain
• Software Defined Networking
• Quality of Experience management
• Network APIs
Security
Security is an essential prerequisite for the functioning of any system so the focus of this track is on products that can deliver outstanding security innovations, be it in the digital world or in the physical world.
• Cyber
• Military
Range of services offered: The teams accepted in the program receive mentorship from Orange specialists, tech experts, product managers or entrepreneurship leaders. Plus, they will get access to the innovative technologies of Orange and Orange Fab partners.
• Co-innovation : help to further enhance your product
• Access to Orange and partners technologies
• Develop project together that will lead to Proof of Concepts with Orange customers which may further lead to integration into existing Orange products
• Mentorship from tech experts and entrepreneurship leaders
• Working space in an innovation heavy environment
• Distribution via a large partner network and access to Orange group for international product validation
• Exposure to funding opportunities like Orange Digital Venture
Terms of funding: No funding offered
Techcelerator
Name of Programme/Fund: Techcelerator
Country: Romania
Priority Sectors for Funding: • Fintech
• MedTech
• AI
• CyberSecurity
• Digital Transformation
• Hardware
• Mobile
Range of services offered: Intensive Edu Sessions
BOOTCAMP - a 2 day intensive meet-up.
Professional Workshops
Business scale-up workshops held by mentors and market professionals.
Individual Mentorship
The team will be matched with mentors, who'll focus on clarifying each step in the launch journey.
StartUp Demoday
The final cohort event in front of an important group of investors.
Seed Round Funding
If startup proves its potential, it has the opportunity to be invited to a seed round analysis and funding.
Office Space
Horizontal Support
Access to discounted legal or accounting services offered by long run partners.
Constant Networking
Constant access to a network of professionals, experts & investors, through dedicated events or facilitated meetings.
Scalability Services
Marketing Services
Terms of funding: Investment up to €100K
Cash €25k for 6% equity, and have the chance to get more (up to €75K) in convertible note until the end of the program
The DSPF project DIY-ACCEL is part-financed by the European Union and the city of Vienna
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PRIVACY POLICY
EFFECTIVE FROM 25.05.2018
INTRODUCTION
In carrying out its activity, Business Support Center for Small and Medium-Sized Enterprises, Bulstat 117004730, with headquarters and management address: Bulgaria, 7000 Ruse, 14 Kresna str., ("Association", "BSCSME", "We", "Us"), processes information, including one that is personal data.
This website is owned by the Business Support Center for Small and Medium-Sized Enterprises and is managed by the Association in accordance with the provisions of the Personal Data Protection Act and related legislation, including but not limited to Regulation (EC) 2016/679 ("GDPR").
This policy aims to inform you about the way we process your personal data as an administrator, as well as your rights. BSCSME seeks to provide you with accessible and useful information on your website.
Privacy is of utmost importance to us. BSCSME will not sell your data to other companies or individuals. If we provide your data to third parties, these are our contractors who process the information on our behalf following our instructions and applying our privacy standard. We strive to be as clear, specific and transparent as possible on the processing of your personal information we provide to you.
WHAT ARE PERSONAL DATA?
Personal information is any information related to an identified or identifiable individual (such as email address, names, age, date of birth, telephone, etc.).
Personal data revealing race or ethnic origin, political opinions, religious or philosophical beliefs or membership of trade unions and processing of genetic data, biometric data for the purpose of identifying an individual person, health or sexual life or sexual orientation of an individual are a special category of personal data. BSCSME will not process such information for you.
COLLECTION AND USE OF PERSONAL DATA
BSCSME collect, use, store and process your personal data that are needed by the Association to implement the provision of services BSCSME. Your data is a timely response to your capture for information made through the contact form of our website. They can also be used for statistical purposes of the Association, which are related to improving the quality of our services.
Below are examples of the types of personal information that BSCSME can collect, as well as the ways we can use it. Detailed information on the different types of data that you collect will be found when you use the relevant BSCSME service and provide information to the Association.
WHAT PERSONAL INFORMATION WE RECEIVE
- We collect personal information through the self-assessment tool, such as e-mail, address and name.
- Timely response to your request for information made through the contact form of our website - e-mail address and name.
WHAT OBJECTIVES AND WHAT BASE USE YOUR PERSONAL INFORMATION
The main activities, purposes and grounds that are related to the processing of personal data for BSCSME are:
We use your contact information in order to respond promptly to any questions only and only upon your request made via the contact form on our website.
We may also use your personal information for internal purposes such as checks, data analysis, and surveys to improve service and communication with BSCSME customers.
DISCLOSURE OF YOUR PERSONAL DATA
For cases where BSCSME shares information about you with third party suppliers of BSCSME, the Association has mechanisms to ensure that they provide a level of data protection according to the agreed standard. Your data is also considered confidential for our partners.
It may be necessary - by law, in court, in litigation and / or on request by public and governmental authorities in or outside your country of domicile - BSCSME to disclose your personal information. We may also disclose information to you if we find that such disclosure is necessary or appropriate for purposes of national security, law enforcement or other matters of public concern.
We may also disclose information to you if we find that such disclosure is reasonably necessary for the implementation of our Terms and Conditions or to protect our activities or users. In addition, in case of reorganization, merger or sale, it is possible to transfer any and all collected personal information to the third party concerned.
TRANSFER IN THIRD COUNTRIES
BSCSME does not transfer your data to third countries outside the EU as a rule. In some cases, your data may be transferred to third countries by virtue of a contract between BSCSME and a company / organization acting as a contractor for certain services or a partner on projects funded by the European Union funds. In such cases, BSCSME will ensure that this transfer is carried out in full compliance with the legal provisions, thus ensuring the level of protection of your data (including but not limited to standard transfer terms approved by the European Commission). Data protection remains with your data. If our partners are in the US, then we check their Privacy certification Shield, which is a legal mechanism for transferring data to that country.
PROTECTION OF PERSONAL INFORMATION
BSCSME takes precautions - including administrative, technical and physical measures - to protect your personal information from loss, theft and misuse, as well as from unauthorized access, disclosure, alteration or destruction.
All employees of BSCSME are obliged to protect the confidentiality of your information and to observe the applicable organizational and technical measures for its protection. Access to your data is limited to the necessity of performing its duties.
For cases where BSCSME shares information about you with third party suppliers of BSCSME, the Company has mechanisms to ensure that they provide a level of data protection according to the agreed standard for that.
STORAGE OF PERSONAL INFORMATION
We will retain your personal information for a period that is required to meet the objectives set forth in this Privacy Policy unless we are legally required to keep it for a longer period. Depending on the type of data and the purposes for which they are collected, a storage period is defined, with the expiration of which the information is permanently deleted.
YOUR RIGHTS IN RELATION TO YOUR DATA
If you have provided your personal data to BSCSME, you have the following options at any time:
- verify the accuracy, completeness and timeliness of your contact information;
- the right of access to your personal data processed by BSCSME;
- the right to request appropriate correction, deletion or blocking of your personal data;
- the portability of data in a structured, widely used and machine-readable format;
- the right to object at any time against the processing of your personal data when there are legitimate reasons for doing so;
- the right to refuse the processing of your personal data for the purpose of receiving an electronic newsletter and other marketing communications, etc.;
- the right to complain to the Personal Data Protection Commission if you believe that your data protection rights have been infringed.
If you wish to exercise your rights or to refuse to receive the electronic bulletin and other marketing communications, you may contact us by sending a message to bsc@smebg.net or by sending a letter to the postal address: Bulgaria, 7000 Ruse, 14 Kresna str., Business Support Center for Small and Medium Enterprises.
We may refuse to process requests that are unreasonably duplicated, require disproportionate technical efforts, jeopardize the confidentiality of other users, requests which are extremely impractical or otherwise not required by law.
The exercise of your rights, when they are not repetitive and unreasonable, is not subject to a fee.
CHILDREN
We do not collect personal information from children under the age of 14. If we learn that we have collected personal information for a child under the age of 14, we will take steps to delete the information as soon as possible. If parents and / or legal representatives of children find that children under their guardianship have given their details to BSCSME, contact us at the contact addresses listed in this policy. We will delete the information as soon as possible.
VALIDITY AND UPDATE OF POLICY
We may periodically update our Privacy Policy. In the event of a change in the current policy, a notice will be published on our website as well as the updated Privacy Policy.
CONTACT DATA
IF YOU WANT TO CONNECT WITH US ON ISSUES RELATED TO THIS POLICY OR PROTECTION OF PERSONAL DATA IN BSCSME, PLEASE CONTACT US IN THE FOLLOWING WAYS:
Email: bsc@smebg.net
By mail: Bulgaria, 7000 Ruse, 14 Kresna Str., Business Support Center for Small and Medium Enterprises.