For teams and startups from Ukraine and Eastern Europe eyeing the Western markets
WE ARE LOOKING FOR_
Teams and startups with or without a product who would like to enter the US/European market, launch pilots with corporations, and attract investment from VCs.
Strong technical expertise and 2+ team members
Desire to grow your startup globally
MVP is preferable but not necessary
Fintech Retail Food Agriculture Wellness IOT Manufacturing and more...
Acceleration consists of two stages - the Sandbox and Accelerator. The goal of the Sandbox is to validate a product with potential clients. Bonus of the Sandbox is our corporate partners which give you a pool of problems and challenges that you can use for creating a solution and validating the product. Teams, which have successfully completed the Sandbox, enter the second stage — the Accelerator, which is dedicated to developing the product, launching corporate pilots and first sales.
These are the companies that have partnered with us to help you build solid startups. They provide you with a list of challenges and tasks that you can use for creating a solution and launching a product. This is especially valuable for teams who do not yet have a product and do not know what to do.
We have a team that will help you strike deals with foreign clients, negotiate terms and launch pilots. We know how difficult it is to sell in foreign countries. That’s why our team consists only of those who do it well.
Our program is designed around your startup’s success, not around a series of lectures. You’ll get an individual traction map that will help you achieve your goals the fastest way possible. Because it’s important for us that you launch a corporate pilot. We care that you raise investments from relevant VCs and sell your product in the US/Europe. We care that you hire Ukrainian developers. Our program is laser-focused. We’ve been there ourselves.
We give $100К (up to $20К in cash) for 5-9% equity. This option is available to those startups who successfully graduate from the Sandbox stage and enter the Accelerator.
Marvin Liao, 500 startups
Partner at 500 Startups. He invests in startups across several industries globally. Formerly of Yahoo! Inc. (10.5 years), Marvin has held roles in the various departments of Sales, Business Development, Ad Operations and Marketing. He also serves on the boards/advisory boards of several internet advertising and ad technology companies
Vitalii Bulda, Bosch
General Manager of Bosch corporation in Ukraine. Vice president of Bosch Thermotechnik GmbH in Baltic states and CIS. More than 20 years of corporate experience. Expert in the local market specifics and the needs of big businesses.
Andrew Verbitsky, Airbnb
General Manager of Central and Eastern Europe at Airbnb. Has both startup and corporate experience around the globe: from venture capital firm to the Big Four. Expert in new markets development, specializes on Central and Eastern Europe.
Andrei Komarovski, SectorX
Serial entrepreneur with three exits. Sold a hardware startup to the global corporation. Co-founded multiple international startups: Cupli Surveys, Personik, Friends Forever. Director of Founder Institute, partner in YellowRockets accelerator. Expert in sales and business development.
Igor Kudinov, VeeRoute
Co-founder of VeeRoute, leading B2B logistics automation startup in Eastern Europe. $3M+ revenue, $3M+ venture investments, 50+ employees. Director of ITMO University SumIT startup school.
Andrey Kunov, SVIC
Founder and CEO of Silicon Valley Innovation Center, disruptive center of innovation integration. Experienced corporate innovation popularizer: more than 10 years of high-tech sector development. Directed the National Agency for Technological Development of Kazakhstan. Leads the corporate accelerator working with multiple S&P500 companies.
Stefano Mosconi, Britemind
Leadership and innovation coach. Co-founded Britemind, a company that integrates disruptive technologies into existing businesses. Experienced speaker that inspires leaders to change. Digital strategy specialist.
Mike Bradshaw, StartupSauna
Mike Bradshaw is a Head Coach at StartupSauna, Mentor at The Founder Institute, Community & Evangalism at Solu, Curator of the Helsinki StartupDigest, organiser of MobileDevCamp.fi for the last five years. Mike coaches early stage startups and entrepreneurs in the fundamentals of pitching.
Dmytro Ruzhytskiy, CEO Innovations Development Platform
CEO of the Innovations Development Platform, which is the first Ukrainian agency for incubation of innovative projects in the area of defense technologies. He has 10+ years of experience in sectors including Ukroboronprom, Compagnie Générale de Géophysique, and seismic acquisition projects.
Mathew Lewis, Sector X
Matchmaker for US technology firms and startups in formation of pilot projects. Over 15 years of investment experience in technology companies.
Andrii Onoshchenko, SaaS
Andrii is a first business hire in the San Francisco based hyper-growth SaaS company since 2016. He observed and impacted the company’s growth from 50 to 160 employees. His areas of expertise involves, but are not limited to financial planning and analysis, strategic planning, business operations, go to market strategy, marketing channels, customer segmentation, unit economics, pricing, etc.
2+3-month deep-dive program
State-of-the-art office space at UNIT.City
$100K investment (up to $20K of which is cash)
Opportunity to launch pilots and grow with our partners
Support from mentors and experts with relevant expertise
Access to our partner venture investors
Application period deadline
Sandbox stage start
Selected teams are invited to Accelerator stage
Acceleration stage start
Watsons is the largest health care and beauty care chain store in Asia.
Bosch is the international conglomerate creating solutions in multiple industries
UNIT.City is an innovation park boosting the hi-tech sector in Ukraine
SVIC helps companies grow by educating them about new technologies and trends
Astarta is one of the largest agro-industrial holdings in Ukraine
YEP is a network of academic business incubators for youth
Startup Depot is a business incubator for IT projects and coworking space in Lviv
Beetroot specializes in building dedicated teams of developers and designers for clients around the world.
Beetroot Academy is a Swedish non-profit IT school that strives to make a substantial impact on Ukraine's society through top-notch IT education.
LitBAN is the largest Lithuanian Business Angel Network
ITEA is a Ukrainian educational project of complex training and development of IT professionals
Digital Future is a VC firm focusing on seed and early stage tech companies with Ukrainian DNA.
Overkill Ventures is Latvia based early stage VC firm investing in startups from CEE region.
OP Financial Group is one of the largest financial companies in Finland
Lietuvos Energija is a state-controlled energy company, which is one of the largest in the Baltic States.
Contrarian Ventures is an early-stage VC firm headquartered in Lithuania investing in the energy and e-mobility sectors.
Open Circle Capital is a Lithuanian VC fund focusing on life sciences, ICT and robotics technologies.
What’s the focus of the accelerator?
We focus on technology expertise of the teams and solving real needs of businesses, including our corporate partners’. Among technologies of most interest to us are AR/VR, Big Data, Computer Vision, AI/Machine Learning, Robotics, IoT или Blockchain.
What stage does my startup have to be to be eligible for the program?
Actually, it doesn’t have to be on some stage. In fact, it doesn’t have to be a startup at all, as we also invite teams without a product to participate. Any stage of your startup is good.
Do I need to have an MVP to participate?
No, it is desirable but not mandatory. It is cool if you have a product and clients, it is just good if you have a prototype, but it is also ok if you don’t even have an idea for a startup. We will give you a pool of problems/challenges to think over and launch your startup.
What do I need to get an investment from the accelerator?
You need to successfully complete the Sandbox stage.
How do I make it out from "Sandbox" to "Accelerator" stage?
You have to validate your solution with potential customers or with our corporate partners.
Can teams which are not from Kyiv take part in the program?
Yes. But you have to keep in mind that the second part of the program (aka Accelerator) requires your physical day-to-day presence and your full immersion into the process.
Can startups from other countries take part in the program?
Sure. We invite teams from all Eastern European countries.
Is my physical presence required all the time?
The team's presence isn't necessary for the first stage of the acceleration — the Sandbox. You can combine work/study and the Sandbox activities as they only consist of lectures, workshops, and meetings. Therefore, it doesn't require your full time dedication. If you manage to successfully finish the Sandbox stage, we will invite you to the Accelerator stage. Here you should put aside everything else (well, not EVERYTHING) and dedicate yourself fully to the acceleration program for up to 3 months.