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Startups boosting the regional entrepreneurial environment – the second V4 Startup Force program has ended

2019-05-23 17:20:00

46 startups applied to the unique regional startup scholarship program organized by Design Terminal and its regional partners

Four software technology startups from the V4 countries, H4 (H), Renderro (PL), Virtual Everything (SK) and Whalebone (CZ) gained mentoring opportunity in the second V4 Startup Force scholarship program. The event took place in May 2019 to support a cooperation amongst regional startups and corporates and to strengthen business relations between the four countries. The program was supported by the International Visegrad Fund.

The four chosen teams participated in a more than two weeks long free-of-charge enterprise development program. The top mentors of the region contributed to the development of the teams with workshops supporting their sales strategy, investment management, internal team dynamism and business development. The startups had the opportunity to introduce themselves to the leading regional corporates and investors.  The program kicked off on the 6th of May in Budapest, which was followed by a 10-day long study trip to the other three Visegrad capitals, where the startups met the representatives of the most significant companies in the local area and startup ecosystems. A special feature of this year’s scholarship program was Bratislava’s key role in organizing mentoring sessions and business meetings.

Thanks to the mentoring program and the study trip the startups could meet not only with business mentors, similar startups and local accelerators, but negotiate with potential corporate clients such as MKB Bank, Vodafone, Jaguar/Landrover, Orange Poland or Limerock Advisory. Design Terminal and its partners, CAMPUS (SK), MIT Enterprise Forum CEE (PL) and UP21 (CZ) organized 28 business meetings for the startups during the program.

,, The V4 Startup Force Program has brought our business many new and significant contacts and potential partnerships, with whom we would like to continue long-term cooperation.” (Tomás Brngál, Virtual Everything).