ARISE Venture Program: First selection of projects and Bootcamps in Slovenia and Greece // EIT Digital

ARISE Venture Program: First selection of projects and Bootcamps in Slovenia and Greece

Following the announcement of a new EIT Digital venture program for Eastern and Western Balkans, EIT Digital received over 100 started applications from entrepreneurs based in Croatia, Slovenia, Albania, Bosnia and Herzegovina, Montenegro, Serbia, Bulgaria, Romania, Greece, Former Yugoslav Republic of Macedonia.

ARISE Europe Venture Program offers to participants up to 15,000 € (5,000 in the first stage and 10,000 in the second) per applicant from EIT Digital, an Expert support in the development and finalization of their MVP, and Training in entrepreneurial skillset through a two-day Bootcamp, followed by a six week-long Acceleration Phase provided by experienced mentors.

The program is equity based (7%) and executed in two Regional Editions delivered Innovation Partners of EIT Digital ABC Accelerator and Found.ation.

Fabio Pianesi, Head of external partnerships at EIT Digital said : "By targetting teams with great new solutions and services based on deep technology, the program will help entrepreneurs validate their MVP and set up their companies with the support of experts. This is a great opportunity to promote innovation and entrepreneurship in the region and in Europe with the best talents based in the Balkans."

The selected projects are:

For East Balkans:

Embiots: An embedded IoT system for better management and maintenance of power tools
Orderstate: A supply chain solution for easily monitoring all stages of an order
Scoop: A loyalty rewarding mechanism based on social media for local food and beverage businesses
HireFlows: Machine Learning based recruitement platform for SMEs
Bagsquad: Curated fashion marketplace for designer luxury bags
Eliminatore: An environment-friendly algae cleaning solution for aquaculture nets
Quarioo: An IoT Smart platform for building managers focusing on air quality and energy management A platform that helps patients search for a doctor and book appointment with just a few taps.

For West Balkans:

Freeky is a completely digital, easy to use, reliable and transparent insurance for freelancers all around the world.
Gradoid is a location-based social network for exploring the local community and businesses through questions and answers of other users in the specific area.
Kiimo is an inner city logistic marketplace utilizing people’s mobility to deliver items within their daily walking route.
New Evangelization enables online (re)connection between the religious organizations and their followers to bring the faith to their daily life.
OrdeX connects users and suppliers in the beverage and any other FMCG delivery process making the order receiving and loading process more effective.
Simple Luxuries is a smart demand-side platform connecting tourists with locals for incredible and memorable unique local experiences.
WB Digital is a vision-based intelligent surveillance system for fall detection and prevention.

Bootcamp in Slovenia

Seven handpicked aspiring and early startups winning the first stage of the ARISE Venture program in the West Balkans region participated in the incubator program delivered by ABC Accelerator in Slovenia.

The program took off at ARISE Venture BootCamp in Ljubljana on 9-10th June 2018.

In the following weeks the incubator program will continue in the form of virtual workshops and one-on-one sessions targeting the competences and strengths every early-stage start-up needs to develop and grow - in addition to learning how to give the best pitch on the Pitch day on 13 July 2018 in Ljubljana in front of EIT Digital and selected investors.

The 2-day ARISE Venture BootCamp is an introduction to the ABC's incubator program focusing on teambuilding, management skills and the art of pitching. The Bootcamp exercises challenged the participants to discover their strengths and weaknesses as individuals and as a team and prepared them for the future expertise in the virtual program.

Bootcamp in Slovenia

Bootcamp in Greece

One June 4th-5th, 8 selected startups from Greece, Romania and Bulgaria participated in Arise Europe Venture Program's 2-day bootcamp in Athens, Greece.

The teams had the opportunity to learn how to build a lean startup, sharpen their presentation skills, listen to other startuppers' stories of success and failure, and be advised by investors. The startups will follow a 5-week intense acceleration program with mentoring support, business consulting and webinars, with the final goal of developing their product and establishing a legal entity. Having completed these two milestones, each of the teams will be rewarded with €15.000 funding. The teams will present their progress during a pitching event on July 10th in Athens.

Bootcamp in Greece

EIT Digital ARISE Venture Program is a new program that supports the establishment of deep-tech-based ventures in East and Western Balkans. It is supported by EIT Digital and facilitated by Found.ation for the East Balkans region.

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