10 technology startups from Moldova will receive support from mentors and financial assistance for development within the UpNext accelerator.
UpNext is powered by the Dreamups Innovation and Entrepreneurship Accelerator with the support of the Future Technology Activity funded by USAID and Sweden and the Mozaic Angel Investors Community. Beneficiaries will be assisted in building internal processes, changing products, developing a roadmap that will allow them to scale quickly and prepare for significant investments, while the program encourages individual approach and practical problem solving for start-ups. 7 permanent mentors and at least 35 experts will work with program participants, including successful founders and investors. The program will last 6 months (full-time), the number of participants is limited - 10 startups. UpNext provides investments up to 25 thousand euros (10 thousand euros in cash and 15 thousand euros - the cost of the program) with the participants' own contribution (5-10%), and at the end of the program additional investments up to 100 thousand euros can be allocated and grant in the amount of 1-3 thousand euros to cover marketing costs. Moldovan startups with at least 2 founders, including one from Moldova, will be able to participate in the program. The idea for a startup must be scalable, and the beneficiary company must be already registered or at the stage of registration, etc. Applications for participation in UpNext are accepted until April 15. More information: https://www.upnext.md. // 24.03.2023 — InfoMarket.
