EIT Digital Venture Program

June-September 2019

Found.ation-EIT Digital

 

 

Found.ation implemented the EIT Digital Venture Program last summer for the second consecutive year with the support

of EIT Digital, an accelerator program featuring 8 selected startups from Greece and abroad.

 

 

For the weeks leading up to their Demo Day, startups were regularly and substantially supported by selected mentors/coaches, networking opportunities with experienced market executives, and the ability to watch webinars for a variety of topics related to their projects.
(sales strategy, business strategy, legal issues, prototyping, business skills, pitching techniques, etc.).

The teams also went through a 6 week-long virtual mentoring phase provided by experienced mentors.

 

 

In the photo, the 8 teams that were selected and their logos.

Natalia Deligiorgi, founder of Performance Coaching Greece were among the mentors/coaches called upon to support the 8 teams to meet the requirements of the program, prepare appropriately for the Demo Day as well as develop and complete their MVP.

Also, as part of the two-day intensive Bootcamp organized on 10 and 11 June 2019 at Found.ation’s premises, he presented a workshop on the skills they need to develop to meet the requirements.

The teams then, had the opportunity to have a 1: 1 time with each mentor of the program, so that they could now individually aim to empower and overcome any obstacles.

The teams within just two months have shown how determined they are to succeed in the market, making their final presentation to investors and journalists in early September 2019, before the jury.

At the end of the second round of the EIT Digital Venture Program, at the end of September, the 8 startups received € 15,000 each, raising the total funding provided through the program to € 230,000 in 2 years!

Keep Thriving teams!