Accelerator

The purpose of the project “Accelerator of innovative companies with hybrid industry profile” is to identify authors of innovative ideas and to encourage them to start business activity (technological start-up companies) based on unique know-how/patents in four areas (BIO, NANO, IT, ENERGY).

Who are we looking for?

Hubs of Innovation – individuals or groups of individuals with the ability to continually generate innovative ideas, interested in transfer of those ideas into applicable technological solutions, and in their commercialization.

Why are we looking for hubs of innovation and not for single innovations?

Individual ideas/projects may quickly become outdated and unattractive in terms of technological advancement and market attractiveness. The ability to modify constantly the initial idea and/or generate new innovative ideas is crucial for market success.

Key principles

WRC EIT+ will invest in about 10 technological start-up companies. The investment of WRC EIT+ will lower the risk for venture capital firms and/or investors on the stock exchange, and reinforce innovative projects through injection of public capital. WRC EIT+ plans to withdraw (sell) its shareholding in established companies after 5-7 years since their establishment. The withdrawn capital will be (re)invested in new projects.

-          max. value of investment by EIT+: 200 000 euro

-          majority shareholding in the company by private investor(s)

-          obligatory contribution of innovators in form of intangible and/or tangible assets, capital

-          capital investment in several stages possible

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