Startup Factory: Zicer to Award Croatian Startups Additional 800,000 Kuna

Lauren Simmonds

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As Poslovni Dnevnik/Marija Crnjak writes, the Zagreb Innovation Centre (Zicer) has launched applications for a new cycle of the popular Startup Factory programme, in which development teams and young startups are distributed grants in the amount of 800,000 kuna, with intensive educational, mentoring, promotional and infrastructural support. As stated in the announcement made by Zicer, the Startup Factory programme accelerates the development of technology-oriented teams and startups from across the country.

It helps in validation, market entry and access to first buyers and investors, and it is also an internationally awarded and the first such acceleration programme in all of Croatia. The programme is intensive and competitive in nature, all selected participants will receive knowledge through workshops, lectures and mentoring, and the best financial support from the City of Zagreb from a total fund of 800,000 kuna.

“Six years ago, we launched the first pre-acceleration programme in Croatia. Startup Factory has so far successfully passed 76 teams, and the best 28 startups also received non-refundable financial support for the development of their technological products in the amount of more than 3.5 million kuna. The intensive support we provide to future startups through this programme ensures progress in a short time. The programme is such that it requires fast and concrete results, more than 90 percent of startups that have passed the programme are now operating successfully. For them, Croatia is a small market, and they’re out there conquering the world,” pointed out Frane Sesnic, the director of Zicer and the initiator of the popular Startup Factory.

Teams or new Croatian startups developing high-tech solutions can apply to this year’s Startup Factory, and the main recommended areas are healthcare and quality of life, energy and sustainable environment, transport and mobility, security and cyber security, food and bio-economy, education, robotics, fintech, tourism and Artificial Intelligence (AI).

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