CzechAccelerator

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8th-10th July – Vienna, Austria
2.5
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3
weeks Incubation
2
winning teams
24K
cash prizes
CzechAccelerator
Stepanska 15
120 00 Prague
Czech Republic
General information: 

Over the past four years, the CzechAccelerator project has helped innovative firms gain experience with doing business in advanced foreign markets, particularly through development of management experience and enhancement of marketing skills. Part of the provision of consulting services consists in support within the process of obtaining financing in the form of venture capital and from business angels, easy access to potential strategic partners and top advisors, and participation in networking events and seminars with investors. Since 2011 it was announced 6 calls in total and the project has supported 39 companies.

The project was focused on firms with innovative, commercially viable products in the fields of ICT, life sciences, nanotechnology, biotechnology, medical technology, clean technologies and precision engineering.

CzechAccelerator will continue in the next programming period (approx. 2015).

Company information: 
Company type: 
Accelerator
Industry: 
Biotechnology / Chemicals, Healthcare / Medical Services, IT - Gaming, IT - Hardware, IT - Mobile, IT - Robotics, IT - SaaS, IT - Security, IT - Service, IT - Social Networking, IT - Software Development, IT - Telecommunication, Startup Services
Founded when: 
Saturday, 23 April, 2011
Startup stage: 
Shipping stage (actively selling)
Products and Services: 
Services

What successful applicants receive
 

  •   pre-departure legal and marketing training focused on formulating a business plan, effective communication with
      investors and patent protection
  •   free use of office spaces in the selected destination
  •   easy access to potential strategic partners and top-quality advisors
  •   the opportunity to participate in regularly scheduled networking events and seminars with investors
  •   familiarisation with the local business environment through a foreign partner (“ecosystem overview”)
  •   travel costs and contribution for accommodation

 

Participation timeframe

1) One residency with duration of 3-6 months
2) Two residencies during the course of a six-month period, of which each residency may not be shorter than one month and there must be an interval of at least one month between residencies. The total duration of both residencies must be at least four months.

 

Conditions of participation

The applicant must

  •   be a small or medium-sized enterprise
  •   possess an innovative product
  •   have strong interest and motivation with regard to penetrating international market

More information about the conditions is available here.

FAQ: 
When the project is going to continue?
According to the current plans, CzechAccelerator will continue in the next programming period from 2015. First companies could travel to the foreign destinations during the second half of the year 2016. CzechInvest is going to continue supporting young and promising Czech companies.

Contact:

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Address information

Stepanska 15
120 00 Prague
Czech Republic
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