Accelerated funds are waiting for your ideas!
Every owner of an innovative early stage business idea is invited to apply for acceleration funds to get the necessary acceleration for successful commercialisation of business ideas.
The Acceleration Fund presentations in a event where all three were presented to the general public for the first time.Altumfund managers selected in public procurement - 'Buildit Latvia',' Acceleration Fund in association with 'Lattelecom' and 'Accelerace'' and 'Commercialisation reactor fund'. A European Regional Development Fund (ERDF) funding of five million euros will be allocated to each Fund 'Altum' from a total of eur 15 million.
'Buildit Latvia' team there are professionals from Latvia and Estonia - Matīss Neimanis, René Tonnison and Alexander Tonnison - with more than ten years of experience with start-ups, investing in technology-intensive businesses, as well as commercialisation of scientific developments. 'Buildit Latvia' programme is intended for teams developing technological solutions with potentially high international competitiveness.
The Acceleration Fund, which operates in collaboration with 'Lattelecom' and 'Accelerace', a pre-seed investment of eur 40 000 and a seed investment of up to eur 250 000 will be carried out. Primary managers of this fund will invest in Central and Eastern European start-ups that are active in the fields of work environment efficiency and automation and have already received initial income. Pēteris Marculane, Dmitry Saikovsky and David Vencels are starting up in the management team of the Foundation. They have experience in shaping and selling their businesses, as well as in the investment funds of accelerated programmes and start-ups' Techstars' and 'Accelerace' and in the purchase and sale of companies.
'Commercial reactor fund' there is also a long-standing experience in the acceleration of start-ups, namely over a period of seven years, the foundation has implemented more than ten programmes, creating more than 70 start-ups, which have been able to attract more than five million euros. It is composed of Nikolai Adamovičs, Ella Kalniņa, Lelde Stucle and Voldemar Bar. The Foundation focuses on high-tech and science start-ups in Latvia and the Baltic States, as well as in Eastern Europe and other countries in the region. The Foundation not only selects newly formed newcomers but creates new teams, bringing together scientists who have ideas and entrepreneurs who believe in the commercialisation of these ideas.
More information: http://www.labsoflatvia.com
'Buildit Latvia' team there are professionals from Latvia and Estonia - Matīss Neimanis, René Tonnison and Alexander Tonnison - with more than ten years of experience with start-ups, investing in technology-intensive businesses, as well as commercialisation of scientific developments. 'Buildit Latvia' programme is intended for teams developing technological solutions with potentially high international competitiveness.
The Acceleration Fund, which operates in collaboration with 'Lattelecom' and 'Accelerace', a pre-seed investment of eur 40 000 and a seed investment of up to eur 250 000 will be carried out. Primary managers of this fund will invest in Central and Eastern European start-ups that are active in the fields of work environment efficiency and automation and have already received initial income. Pēteris Marculane, Dmitry Saikovsky and David Vencels are starting up in the management team of the Foundation. They have experience in shaping and selling their businesses, as well as in the investment funds of accelerated programmes and start-ups' Techstars' and 'Accelerace' and in the purchase and sale of companies.
'Commercial reactor fund' there is also a long-standing experience in the acceleration of start-ups, namely over a period of seven years, the foundation has implemented more than ten programmes, creating more than 70 start-ups, which have been able to attract more than five million euros. It is composed of Nikolai Adamovičs, Ella Kalniņa, Lelde Stucle and Voldemar Bar. The Foundation focuses on high-tech and science start-ups in Latvia and the Baltic States, as well as in Eastern Europe and other countries in the region. The Foundation not only selects newly formed newcomers but creates new teams, bringing together scientists who have ideas and entrepreneurs who believe in the commercialisation of these ideas.
More information: http://www.labsoflatvia.com