{"id":20559,"date":"2019-09-09T02:25:09","date_gmt":"2019-09-08T23:25:09","guid":{"rendered":"https:\/\/investsofia.com\/en\/?p=20559"},"modified":"2019-09-09T02:25:55","modified_gmt":"2019-09-08T23:25:55","slug":"12-tech-start-ups-first-edition-prexcelerator-bulgaria","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/12-tech-start-ups-first-edition-prexcelerator-bulgaria\/","title":{"rendered":"12 Tech Start-ups in the First Edition of PrEXCELerator Bulgaria"},"content":{"rendered":"

\u00a0<\/span><\/p>\n

\"\"PrEXCELerator Bulgaria <\/span><\/i>admitted 12 participants with technology start-up ideas in its first edition for 2019 which launched on June 24. All but one of the selected participants are from Sofia.<\/span>\u00a0<\/span><\/p>\n

This is the first pre-acceleration environment in Bulgaria targeting three groups of start-up companies:<\/span><\/p>\n

\u00a0(1)\u00a0 Start-ups in the stages proof-of-concept & minimum viable product (MVP);<\/span><\/p>\n

\u00a0(2) Distressed start-ups looking for a way to pivot in a protected environment;<\/span><\/p>\n

\u00a0(3) Start-ups who want to move from the validation phase to the fully operational phase as an independent legal entity.<\/span><\/p>\n

The ideas approved for the June edition of PrEXCELerator Bulgaria are in the following areas: PropTech, HRTech, EduTech, Creative Industries, Social Digital. The start-up solutions involve the use of virtual and added reality (VR & AR), match-making platforms, machine learning & data science, artificial intelligence (AI), etc. A large number of projects combine at least two digital technologies to implement the envisioned solution.<\/span><\/p>\n

Only one of the start-ups has a solution that will be limited to development in Bulgaria. The other projects have international potential and imply global application.<\/span><\/p>\n

The first pitching session, part of the pre-accelerator programme, has already taken place. The event was held on July 8 at Puzl CowOrKing in Sofia and the start-ups could meet with industry experts and innovative entrepreneurs – members of the Advisory Boards of PrEXCELerator.<\/span>\u00a0<\/span><\/p>\n

Upon ending its participation in PrEXCELerator Bulgaria, each start-up will:<\/span><\/p>\n

– <\/span> be able to make an informed choice between several funding options accessed through the pre-accelerator ;<\/span><\/p>\n

– <\/span> be directed towards an international partner of PrEXCELerator for business development;<\/span><\/p>\n

– <\/span> have a team (in cases where the start-up is represented by an individual participant with an idea and who is the only founder in the company);<\/span><\/p>\n

– <\/span> be fully prepared to pitch its project to investors at a high level;<\/span>\u00a0<\/span><\/p>\n

As the start-ups demonstrated a great interest in the opportunities offered by PrEXCELerator Bulgaria, the pre-accelerator has just opened a second application window for the autumn session of the programme, which will start on October 31.<\/span><\/p>\n

PrEXCELerator Bulgaria <\/span><\/i>provides solutions tailored to the specifics of each individual start-up for:<\/span><\/p>\n

– international business development in the UK, Germany and Austria for start-ups with ideas with international potential;<\/span><\/p>\n

– the areas of PropTech & ConTech, BioTech (Life science), Social Digital, EduTech, Industrial Engineering & Manufacturing;<\/span><\/p>\n

– access to international mentoring and start-up resources for female entrepreneurs;<\/span><\/p>\n

More information on the pre-accelerator and how to apply can be found at https:\/\/prexcelarate.eu\/ or by visiting one of the following open events in Sofia with international mentors:<\/span><\/p>\n

September 24 |\u00a0<\/span>How Crowdfunding solves the funding issue of startups<\/span><\/a>\u00a0with Toke Portal, Hungary<\/span><\/p>\n

September 26 |\u00a0<\/span>How to Build a fully-remote company<\/span><\/a>\u00a0with Prophecy Labs, Belgium<\/span><\/p>\n

September 26 |\u00a0<\/span>Holistic Digital Marketing, or How we work in Western Europe and CEE<\/span><\/a>\u00a0with Top Ideas.Digital, Austria<\/span><\/p>\n

October 22 |\u00a0<\/span>Negotiations for Startups<\/span><\/a>\u00a0with Strategy+ Business Lab, Bulgaria<\/span><\/p>\n

 <\/p>\n

***<\/span><\/p>\n

If you are interested in the PropTech & ConTech industry, you can download the first report on Bulgarian technology solutions in the sectors of construction, real estate management, property management and facility management.<\/span><\/p>\n

Bulgaria: PropTech & ConTech Mapping Report 2019<\/span><\/a> is developed by Strategy + Business Lab – a corporate consulting laboratory for companies in Bulgaria and Europe and organizer of PrEXCELerator Bulgaria.<\/span><\/p>\n

 <\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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