Huge Thing, a Warsaw-based startup accelerator powered by SpeedUp Venture Capital Group, is inviting startups engaged in areas including blockchain, fintech, biometrics, artificial intelligence, Internet of Things, cyber security, and augmented reality, for its next edition, Forklog reported.
The upcoming program is being funded by the Alior Bank and the Polish Agency for Enterprise Development. According to an official blog post, Huge Thing is offering up to 45,000 Euro as grant. For funding, companies will be required to register in Poland.
“To apply for the acceleration, startups don’t need to be from Poland, or have a Polish company, however, if they want to apply for a fund up to 45k EUR, they need to be ready to set up a company subjected to Polish law”, the website reads.
Interested firms have until 17th of April 2017 to apply for the program. The website states that applications will be reviewed and assessed by representatives from Alior Bank, Huge Thing SpeedUp Venture Capital Group. Selected projects will be invited for an online interview. The best startups will be then invited to participate in the pre-accelerator as the last stage of the recruitment process.
"And we will be very glad to get at least one or two teams from Ukraine", said Huge Things co-founder Marcin Ian Feifer (Google-translated from Forklog). "But this time we can offer money without equity participation, so we decided to go further - to Ukraine, the Balkans, the Czech Republic and Slovakia. HugeThing may be interested in Ukrainian startups because today Poland and Ukraine are very connected. From Kiev to Warsaw fly just half an hour. In addition, Poland is a good transit point for the international market”.
