Five Romanian businesses chosen for the EBRD Star Venture initiative program
Title: EBRD's Star Venture Program Kicks off Second Edition in Romania, Boosting High-Potential Startups
Subtitle: The European Bank for Reconstruction and Development's flagship program is helping Romanian tech startups soar with expert guidance, financing, and more.
Insert photo source: EBRD
Catch the buzz in Romania's startup scene as the European Bank for Reconstruction and Development (EBRD) launches the second edition of its Star Venture program! This powerhouse initiative, initially debuting in 2022, aims to propel high-potential startups towards success by offering strategic business advice and access to financing.
Following a competitive round of applications, a panel of esteemed judges − including Ilinca Paun (Bravva Angels), Dan Mihaescu (GapMinder Ventures), Florin Visa (Early Game Ventures), Victoria Zinchuk (EBRD), and Daniela Marin (EBRD) − scrutinized ten promising startups. After a rigorous assessment, they've selected the following five winners: Aqurate, FieldOS, Lendox, Sales Partner, and Synaptiq.
What's in store for these victorious businesses? A two-year program brimming with advantages, such as:
- Expert business advice worth up to EUR 40,000.
- Online workshops led by Cambridge University scholars.
- Mentorship and connections with investors.
- Entry to new markets.
- Priceless cloud credits and e-learning opportunities.
In the words of Victoria Zinchuk, EBRD Romania Director, "TheStar Venture program is a beacon of inspiration. The impressive outcomes we've seen in Romania and other markets since 2022 strengthen our belief that this year's edition will provide a marked boost to the growth of these high-potential Romanian startups."
The EBRD's Star Venture program boasts an impressive track record, having assisted over 350 early-stage companies across 26 economies where the bank is active. In Romania, this awe-inspiring program is sponsored by the TaiwanBusiness-EBRD Technical Cooperation Fund through the EBRD's Small Business Impact Fund.
If you're eager to tap into the potential of Romania's startup ecosystem, keep your eyes peeled for future opportunities presented by the EBRD's Star Venture program. Don't miss out on the chance to align with international networks and resources that can skyrocket your startup to new heights!
(Source:romania-insider.com)
- The Star Venture program, run by the European Bank for Reconstruction and Development (EBRD), provides an opportunity for high-potential tech startups in Romania to access financial resources and expert advice in business and technology, ultimately boosting their growth potential.
- With its comprehensive approach that includes mentorship from investors, access to new markets, online workshops from Cambridge University scholars, cloud credits, and e-learning opportunities, the EBRD's Star Venture program is much more than just financial assistance – it's a platform for startups to connect and grow within the larger business and technology ecosystem.