Tech startups that are looking for financing opportunities and want to benefit from mentoring sessions with international experts can apply to the MVP Academy acceleration program until Sunday, February 19. For 9 weeks, each selected team will work with industry mentors and gain free access to services of over $1 million in order to develop their business successfully. Applications are open online on www.mvpacademy.co.
Developed in partnership with CyberGhost VPN, with the support of Bitdefender, Microsoft and Raiffeisen Bank, the MVP Academy acceleration program is free and directed to tech startups that are working on products aimed at global markets.
For 9 weeks, selected teams will go through tens of 1-on-1 mentoring sessions with local and international specialists such as Florin Talpeș (Founder & CEO Bitdefender), Radu Georgescu (Founding Partner GECAD Ventures), Robert Knapp (Co-founder & CEO CyberGhost VPN), Adrian Gheară (Tech Startup Advisor & Investor) and Max Kelly (Managing Director, TechStars London). The entire list of mentors is available online on the program’s website.
Over 70 workshops, pitch practice sessions and business consultancy sessions
One of the main components of the program is the 1-on-1 business consultancy sessions with specialists from the industries that the startups in the program are active. Each team will have the opportunity to discuss about the development of their own business with dedicated experts: from marketing and software engineering experts to global product development specialists and other startup founders.
”For TypingDNA, the MVP Academy experience was extraordinary. I entered the program with an inovative technology, but without a concrete business model. In less than one month, I went several times through the “failure-success” cycle, tens of 1-on-1 meetings and many intense debates. The speed at which things happen once you’re part of such a program is unbelievable, and the confidence with which you finish is either zero or maximum,” according to Raul Popa, the founder of TypingDNA, one of the teams taking part in MVP Academy last year.
Following the graduation of the 2016 program, TypingDNA received an investment from GECAD Ventures and several top local angel investors, launched a first version of the product in the form of an API and is currently expanding the team to pursue the next steps in product development.
One of the novelties of the 2017 edition is the fact that each selected team will benefit from free services of over $1 million. These are, in particular, technical resources such as hosting, e-mailing, marketing tools, storage services etc. that will allow entrepreneurs to validate new functionalities and identify opportunities faster and cheaper.
Demo Day – pitching event in front of over 500 tech professionals, investors and mentors
The fourth edition of the MVP Academy acceleration program will conclude with Demo Day, a pitching event where the teams will present their startups in front of an audience composed of investors, entrepreneurs, mentors and regional tech experts. In 2016, more than 500 guests took part at the final event of the program.
The most promising teams in MVP Academy may receive an investment in exchange of a minority stake of the company, through MVP Angels, an investment network composed of business angels, associated with the acceleration program.
In order to be accepted in the program, startups must develop a tech product, have a functional prototype of it, target a global market and be committed to the development of the business. Taking part in the MVP Academy acceleration program is free and applications are open until Sunday, 19 February 2017, on the program’s website.
MVP Academy is organised in partnership with CyberGhost VPN, with the support of Bitdefender, Microsoft Romania, Raiffeisen Bank and operational aid from F6S. The program’s media activity is ensured by Start-up.ro, Startup Cafe, EuropaFM, Business Review, Softlead, IQAds, eFinance, Agora, The Trends, with the support of Zelist Monitor and tech professionals communities.