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Master Classes with Peter Adams

Business Accelerator UKIM together with Digital Innovation Hub and Challenger will host four Master Classes with Mr. Peter Adams, Colorado-based author, investor, speaker, educator, and community leader, to inspire Macedonian startup founders and angel investors on their joint venture development journey.

Do you want to generate new knowledge and turn your innovative solutions into a profitable business?

Then these Master Classes are ideal for both startup founders and angel investors.

Masterclasses were held in the Center for Technology Transfer and Innovation – INNOFEIT (MAP).

Working materials

  1. RVC Angel Accelerator 501 – Introduction 
  2. Exit Strategy

Description

Have you ever been interested in investing in start-ups? Are you interested in investing in innovative companies, and disrupting industry sectors with new products and marketing strategies?  And would you like to know how to reduce the risk of investing in these early-stage companies?

In this course, we’ll teach you the basics of investing in startups. This is an introductory course, so no prior education or experience is required.

Topics Covered Include a high-level introduction to essential elements of successful early stage investing:

  • What is angel investing? What kind of people are angels, what do they invest in, how much do they invest, what kind of returns do they get?
  • Is angel investing as risky as everyone thinks? (Hint – it’s risky, but not if you do it right)
  • Exits – how do angels get their money back and how long does it take?
  • Syndication and working with other investors.
  • Venture Funds vs. Single Investments
  • Benefits of angel investing in groups vs. by yourself.

RVC Academy: Exit Strategies

A workshop to learn how to develop and implement exit strategies for venture companies.

“Begin with the End in Mind”  (Habit #2 of Steven Covey’s Seven Habits of Highly Successful People)

Whether you are an angel investing in a new company or a founder who is pitching to angels, it is important to your net worth to figure out what the Exit will be for this venture. Investors and Founders will enjoy an in-depth discussion on exit strategies as they relate to companies that are seeking seed stage capital.  The time to start thinking about the exit is at the beginning when you can create the greatest value for all stakeholders.

Think of the acquirer of a company (regardless of whether it is by M&A or IPO) as the “second customer” for your company.  Just like the first task of a startup should be to understand who the customer is and the unique value proposition that the company provides, the exit is selling to the “second customer” who buys the company.  The value proposition for that customer is different than the proposition for the first customer and learning how to develop these two value propositions simultaneously is critical to maximizing investor return.

Successful angel deals result in a return on investment in 3-7 years. Exit potential is one of the main criteria that investors use to decide which companies to invest in. To get there, we need to begin with the end in mind.

This Exit Planning session will discuss the following:

  • What is an exit or liquidity event?
  • How does your exit strategy impact valuation now?
  • What will your company be worth in 5 years?
  • How and when to target potential acquirers.
  • How to build an exit strategy even though it’s five years away?
  • Is talking about the exit a bad idea because it sounds like a quick flip?
  • Implementing the exit. Roles and responsibilities, gotchas and tips.
  • How to balance early vs. normal exit strategies against IRR, opportunity, risk and more

Working materials:

  1. Believable Proformas
  2. Sample Proforma #1 – EdTech
  3. Sample Proforma #2 – Med Device
  4. Sample Proforma #3a – Travel Tech (Annual Summary)
  5. Sample Proforma – Bitsbox

Description

Believable Proformas (Financial Projections)

Proformas are the founders’ chance to present a well-educated set of projections for the financial performance of their company in the future.  While nobody can predict the future with 100% accuracy, the proforma is one of the most important planning tools available to founders and the most important due diligence document for investors.

In this workshop, we will cover:

  • What is a proforma?
  • What is the format for a well-crafted proforma?
  • How far into the future should a proforma project?
  • How can the exit strategy help to create a believable proforma?
  • How are proformas used in valuation modeling?
  • What are the steps to create a proforma?
  • How should investors evaluate a proforma?
  • And more.

 

Working materials:

  1. Valuations
  2. Finance Strategies
  3. Valuation Modeler

Description

Valuation is a mystery for both founders and investors, but it doesn’t have to be. In this workshop, we will work through five different valuation methodologies and who how they work together to form a smart and fair valuation for a company at the early stages.

Participants will learn:

  • What is value vs. price for company stock?
  • How to use the valuation methods in negotiation
  • How to think about “externalities” that can impact value
  • The Scorecard Valuation Method
  • The Risk-Adjusted Valuation Method
  • The Burn Rate Method
  • The Venture Capital Method
  • The Cap Table Method

By the end of this masterclass, participants will have the tools and knowledge to fairly value companies.

Capital Stack Strategies

The capital Stack is the combined projected capital raise for a company. These raises are broken into “tranches” or bite-sized chunks that will typically result in about eighteen months of operating runway for a company. The proper use of a capital stack strategy is closely tied to the proforma and exit strategy and when properly configured, will help the founder and investor to minimize dilution from multiple follow-on rounds of investment.

In this workshop, we will cover:

  • Runway – how to calculate it and how long should it be?
  • Reserves – when should the next capital raise begin
  • Size of Raise – how much should a founder raise
  • Number of Raises – what is the optimum number of raises to grow fast, but reduce dilution?
  • Milestone Evaluation – how does value increase with milestones reached?
  • When is the optimum time to raise in order to minimize dilution?
  • Investors – what is the relationship between raises and valuation?

By the end of this masterclass, participants will understand how to construct a capital strategy to maximize returns for both investors and founders while minimizing risk.

Working materials:

  1. Term Sheets
  2. Due Diligence
  3. Due Diligence Checklist
  4. Due diligence questionnaire

Description

Understanding Term Sheets

The term sheet can be intimidating for founders and investors at first, but once you get the general ideas, they become a lot easier to understand.  In this workshop, we will review the purpose and use of the term sheet, and we will cover the main terms and how they are used in negotiation.

Participants will learn:

  • Purpose of the term sheet
  • Different kinds of deal structures and the pros and cons for each.
  • When and how to prepare the term sheet.
  • The role of the “lead investor” in creating the term sheet.
  • Deal structure options
  • Review of key terms including valuation, deal close date, minimum to close, antidilution, liquidation preferences, information rights, board seats, dividends, prorata rights, control provisions, conditions precedent to financing, and more.

We will also cover common vs. preferred shares and how to understand the difference.

Due Diligence

Due diligence is the process of evaluating an investment opportunity.  This process is often approached haphazardly.  We will cover how founders should prepare for diligence and what investors should be looking out for during the diligence process.

Participants will learn:

  • What are the key elements of due diligence?
  • How long should due diligence take?
  • When does an investor decide to say “yes” or “no”?
  • What are the phases of diligence?
  • What are the financial impacts to investment with high vs. low diligence?
  • How to identify the three key risks in any company. (Hint – they’re not the same for all companies)
  • How founders should handle discussing risks with investors.
  • Due diligence in syndicated deals – best practices.
  • The role of the lead investor in due diligence.

 

Peter Adams is a Colorado-based author, investor, speaker, educator, and community leader. He is the Managing Director of the Rockies Venture Fund, a venture fund supporting high-growth early-stage companies in technology, healthcare, and life sciences. He is also the Executive Director of the Rockies Venture Club, the longest-established angel investing organization in the U.S.  He is the founder of the Rockies Venture Institute, the first non-profit to create accelerator programs that serve investors and entrepreneurs. Peter is a board member and officer of the Angel Capital Association and the Angel Investor Foundation and the author of Wiley & Sons’ Venture Capital for Dummies.

The Rockies Venture Club is the longest-running angel investing group in the U.S. with a mission to further economic development by educating and connecting angel and VC investors with early-stage entrepreneurs. With over 140 events every year, including the Angel Capital Summit and Colorado Capital Conference, this non-profit organization is active in collaborating with ecosystem partners, including universities, startup organizations, economic development entities, federal laboratories, regional events, and more.  The group invests in over thirty deals yearly and co-invests via the Rockies Venture Fund.  With its non-profit partner, the Rockies Venture Institute, the Rockies Venture Club offers weekly workshops, classes, and accelerators for investors and entrepreneurs.

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Mindspace University “Agritech & Foodtech” Autumn 2022

Are you a university student or recent alumni from North Macedonia, Albania, Bulgaria, Croatia, Greece, Montenegro, Poland, Romania, and Serbia? → Idea Submission – NOT required

Accelerator UKIM has partnered with Mindspace for their We are thrilled to announce the Open Call for our online program Agritech & Foodtech” – An online educational, entrepreneurial program of virtual classrooms and peer-to-peer networking meetings to help you to discover business from scratch and collaborate with entrepreneurs from the US and Balkan region.

The best 8 teams pitch their fully developed ideas in front of a panel of judges for their chance to win 10.000€, a free spot at a Mindspace Trip to silicon valley, tools and services that will help them launch their start-up and more.

 

 

Application due: 8 October 2022

Overview

An intensive online series of webinars, virtual classrooms, and 1-1 mentoring sessions on a specific thematic area (for this cycle, it will be “Agritech and Foodtech”), organized and delivered by entrepreneurs from Silicon Valley, mentors from Greece and Europe, together with Mindspace
and its partners.

Target Group

University students or recent alumni (less than 2 years of graduation) with studies in Science, Technology, Engineering, Math, Physics, Informatics, Computer Science, Software Engineering,
Environment and Natural Sciences, but also students that are interested in the specific thematic area with marketing or business development skills, all over Europe. Students can apply in teams or as individuals and we help them to form a team towards the end of the second week of the program. It is expected that the applications will be more than 600, however the program’s
structure focuses on qualitative results and meaningful impact for the attendees and therefore
there will be an upper limit of up to 200 students accepted.

Structure

The program will be held entirely online from October 2022 to January 2023 and includes two main stages.

This stage is implemented via online webinars and virtual classrooms and the goal is to introduce students to an entrepreneurial mindset, make them more familiar with common terms & methodologies of entrepreneurial programs, understand the specific sector & its fundamental
economic & technological concepts and get an insight on technologies & strategies on a specific thematic area. Moreover, they learn the process of generating an idea and get trained in the
Business Model Canvas principles so as to structure their idea as they should submit a business model canvas. The best teams that will be selected from a judging committee will enter Round C, during which they are getting 1-1 mentoring sessions so as to interact with their mentors and improve their ideas.
To be more specific, each mentor joins his/her session via an online webinar for a big audience
(using our online platform through which the program will be implemented) and gives a presentation about the topic that he/she selected out of a pool of topics which touch upon the
specific thematic area. At this round, there are no group mentoring sessions nor any 1-1 interaction with the attendees is required as the audience will be big. That being said, it is upon
the mentor’s decision whether he/she would like to interact more with the audience, ask questions, do a quick Q&A or discussion with the attendees at the last part of the session or
close the session. Moreover, mentors also have the opportunity to do their sessions in the format of a workshop or work on a specific case study during their session. In that case, they can also upload the training resources or exercises for the participants to be prepared for it prior to the session and send us the material as we are responsible for uploading it to our platform and letting the students know about the session’s agenda. These two rounds will last for 4 weeks during mid-October to mid-November and ideally each mentor is asked to dedicate
(without the preparation that they will make themselves prior to their session) about 1,5 hours,
holding one session based on the selected topic. 

The 10 best teams that were selected attend Round C to have a 1-1 interaction with the mentors so as to dive into more details and experiment with entrepreneurial tools in order to finalize their business model & create a small prototype or a pitch video. Each mentor will be
engaged for one or two mentoring sessions to help the teams improve their idea for the final pitch. Moreover, the platform that will be used in the program would allow for the mentors to interact with the teams through chat inside the platform as well. This round will last for 10 weekdays during December, and ideally, each mentor is asked to dedicate (without any prior preparation needed at this stage) about 2-4 hours in total. Moreover, each team gets a public speaking and presentation workshop to prepare their pitch for the finals.

The 3 winners are selected by a judging committee, claiming monetary prizes, sponsored Trips to the USA and access to major incubation and acceleration programs, as well as additional rewards.

  • Contribution to unemployment relief through new business ideas based on market needs and development of entrepreneurial & public speaking skills.
  • > 150 students with different academic backgrounds will get introduced to
    entrepreneurship terms and utilize effectively their skills & knowledge based on
    opportunities that are available in that specific industry.
  • Vital networks & partnerships between students – mentors & among students will be created, realizing the importance of operating in teams.
  • > 150 students will be involved in entrepreneurial projects and bridge the European academic environment with business needs in that specific industry
  • > 25 mentors & judges will contribute to the program, establishing new role models in the
    youngest generations.
  • > 20 videos/webinars & training material will be created under this thematic topic,
    inspiring students in similar programs to innovate in their profession & tackle future challenges.
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BAU APA2022
Acceleration Program Autumn 2022

Accelerator UKIM is launching Acceleration Program Autumn 2022 (BAU APA2022), tailored to the needs of today’s startups and offers financing, intensive mentoring, as well as time for implementation.

Up to 6 startups will be selected in BAU APA2022 and they will receive EUR 25K in cash and EUR 10K through mentorship. A signed Term Sheet and Investment Agreement is a precondition for startups to participate in the Acceleration Program.

Apply by 31 May and transform your innovative solutions into profitable businesses by the end of 2022.

The program will run 3 content modules to cover all aspects of product, company, and founders’ acceleration:

  1. Market, competition, and customers;
  2. Sales and pricing, and marketing;
  3. Business model, financial forecasting and management.

The program will include 12 mentorship sessions with renowned global and regional experts who will be involved as mentors to support the startups and countless hours of dedicated work by the startups’ team with the support of the BAU local and regional teams.

Schedule a meeting on operations@accelerator.ukim.mk to start your journey.

Apply on the following LINK

  • Coaching by global and regional experts
  • Experience from successful startups  
  • Professional mentoring
  • Sharing Network
  • Investment from BAU: EUR 25K in cash and EUR10K through mentorship
  • Continuous Support  
  • Innovative product (at least a Prototype or MVP) 
  • Dedicated team 
  • Vision for scaling 
  • Up to 5-year experience
  • 51% Macedonian ownership
  • Intellectual Property status defined
  • An ambitious, innovation-oriented, motivated and committed team with the ability and desire to   create value;
  • An innovative technology-based solution or innovative business model; 
  • Value proposition with a clear competitive advantage; 
  • Market potential;
  • Business model.
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Mindspace University IΙI
Smart Cities Program 2022

Are you a university student or recent alumni from North Macedonia, Albania, Bulgaria, Croatia, Greece, Montenegro, Poland, Romania, and Serbia? → Idea Submission – NOT required

Accelerator UKIM has partnered with Mindspace for their Smart Cities 2022 – An online educational, entrepreneurial program of virtual classrooms and peer to peer networking meetings to help you to discover business from scratch and collaborate with entrepreneurs from the US and Balkan region to learn more on:

  • Discover the Challenges and Business Opportunities in the Smart Cities sector
  • Improving the quality of life
  • Smart Lighting
  • Smart Mobility
  • Smart Materials
  • Smart Home
  • Sustainability
  • Applications using AI & IoT
  • Create New Business Ideas with Mentors from Greece, USA and Balkan countries and travel to Silicon Valley!

Application due: 11 March 2022

About

An Online Educational Entrepreneurial Program Mindspace University is an online 3-month program with two parts (Educational and Entrepreneurial) focused each time on a different specific sector, including entrepreneurship basics whilst organized and delivered by multiple entrepreneurs-mentors and judges from Silicon Valley, Greece, and the Balkan area, together with Mindspace volunteers and staff. The program contributes to unemployment relief through new business ideas based on market needs and the development of entrepreneurial & public speaking skills for students with different academic backgrounds, who get introduced to entrepreneurship terms and move on to utilize their knowledge effectively. Vital networks are created between students and mentors, inspiring students to innovate in their profession & tackle future challenges.

Interested?

Learn more about the current Mindspace University Program, along with its thematic sector, rewards, and schedule!

 

The Mindspace University Online Program parts:

• Duration: 4-week online program
• Content: Challenges and Business Opportunities in the thematic sector
• Format: Interactive workshops, virtual classrooms, and webinars
• Peer to peer networking events with talented youth from multiple countries
• Delivered by: 15 stellar entrepreneurs and C level employees from big companies and startups

In case you don’t have a team or are looking to add more members, we help you find one and match you with other talented peers based on your skills, mentality, and goals via online peer-to-peer networking sessions. In case you already have a team, you participate with your team as it is.

• The Best 10 Teams get personalized mentoring to improve their business ideas for the final pitch event to claim the Awards
• Duration: 3-week online program
• Content: Mentoring and Coaching on the business ideas of each team
• Format: 1-1 mentoring session, Business Model training and Presentation Skills workshop
• Mentors: >15 entrepreneurs, investors, and executives from international companies and startups

Need more info?
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EIT JUMPSTARTER PROGRAM 2022

ACCELERATOR UKIM PARTNERED WITH EIT FOR JUMPSTARTER PROGRAM 2022

Are you part of a scientific project team, innovator, scientist, PhD student or master’s student with a product or service idea to disrupt the existing markets in (1) HEALTHCARE, (2) AGRO-FOOD, (3) RAW MATERIALS, (4) MANUFACTURING, (5) URBAN MOBILITY or (6) ENERGY??

Do you want to bring your idea out of the lab to the market?

Then EIT Jumpstarter is ideal for you to take your idea from the lab to the market.

Watch the Pre-Jumpstarter Workshop video to learn more about the program:

During the 8 months-long programs, you will find and validate the best business model for your innovative idea. The courses build on the lean start-up methodology from Silicon Valley translated to the European Environment. You will learn about: how to refine your deal, market segmentation, customer value proposition, market segmentation, financials, investment basics, legal basics.

You will receive travel and accommodation support during the program, and the best teams in each category will have the chance to win a €10,000 money prize.

EIT Jumpstarter is a very selective, competitive program; participating in it opens doors towards the European markets and connects the best teams with the six EIT Communities’ large industrial partners such as GE Healthcare, Siemens, Philips, Roche, Bosch, Nestlé, Pepsico and Maspex, among others.

Important dates

  • Pre-Jumpstarter workshop for idea holders from North Macedonia (3-hour-long training): 30 march 2022 by registration on the FOLLOWING LINK
  • Deadline for submitting business ideas: 10 April 2022 at 23:59 CET
  • Selection of ideas and invitation of the bootcamps: 4th May 2022
  • Bootcamps will be held online in May-June 2022
  • Local joint training: July-September 2022
  • Grand Final: November 2022

You will get:

  • Training and mentoring from the best-in-class mentors
  • Cross-sectoral validation
  • Grant to cover your travel and accommodation, or develop your project and create your start-up
  • Exposition to the KICs’ networks
  • Super tools to create and validate your business model
  • A chance to win the € 10,000 first prize 

Do you have an innovative idea and want to jumpstart your business?

Creative community, advanced know-how, unique program, expert trainers, and mentors, this is EIT Jumpstarter. With the contribution of best-in-class experts, creative community, unique know-how our aim is to support idea-holders to turn their ideas into business. We help innovators and entrepreneurs build a viable business model around their innovative product or service idea, validate it, and if their business idea is proven to be sustainable, we encourage them to register their company.

The strategic aim of this program is to create a sustainable impact in the Central-Eastern and Southern-European Regions by boosting innovation and entrepreneurship within this part of Europe. The program’s concept originates from the real needs of the innovation ecosystem of these regions. Countries face similar challenges; they have enormous innovation potential, with bright scientific minds, but the research results are likely to remain within the labs. At the same time, there is a significant number of needs that have been unmet from the corporate side. To overcome these challenges connecting the innovative solutions with the articulated demands from the industry and increase the competitiveness of our regions – six EIT Communities teamed up to jointly run EIT Jumpstarter. The competition is organized by EIT Health, EIT RawMaterials EIT Food, EIT InnoEnergy, EIT Manufacturing and EIT Urban Mobility. They are six Knowledge and Innovation Communities of EIT, the European Institute of Innovation and Technology. They bring together businesses, research centers, and universities as partners creating a favorable environment for creative thought and innovation to flourish. EIT is a valuable, credible partner to get your business idea up and running.

Graduates of the program possess the skills and knowledge to launch their company, and as part of the alumni community, they receive further support and dedicated advisory from the EIT Communities regarding the next stage of their start-up journey. We introduce teams to partners, VCs, regulatory bodies and companies that can produce their products, their first buyer or a test site. They meet major innovation hubs in Europe, which is important when they want to enter foreign markets.

The program has trained more than 550 start-up teams since 2017, and interest in our competition is growing. In 2019 EIT Jumpstarter won the Best Association Training Initiative Award of the European Association Awards.

New European Bauhaus
As of its 2021 edition, EIT Jumpstarter is accepting applications from the fields that the New European Bauhaus initiative covers.
The New European Bauhaus proposes to focus our conversations on the places we inhabit and on our relationship with natural environments, beyond the built space. It is a practical approach to discover beautiful, sustainable and inclusive ways of living and to use them to inspire our way forward. It is also a design lab, accelerator and network at the same time. A creative and interdisciplinary movement, convening a space of encounter to recuperate and revisit sustainable practices from, empower the most inspiring practices of today, and design future ways of living, at the crossroads between art, culture and science.

Eligible countries
Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Montenegro, Republic of North Macedonia, Serbia, Turkey, Guadeloupe, French Guiana, Réunion, Martinique, Mayotte and Saint-Martin (France), the Azores and Madeira (Portugal), and the Canary Islands (Spain).

What’s next? 

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BAU ACCELERATION PROGRAM AUTUMN 2021 (BAU APA2021)

BAU is launching a new format of Acceleration Program, which is better tailored to the needs of today’s startups and offers intensive mentoring, as well as time for implementation. The program will run with 4 content modules to cover all aspects of product, company and founders’ acceleration.

BAU, in cooperation with EBRD,  through the new Acceleration Program Autumn 2021 (BAU APA2021) aims to generate new knowledge and turn your innovative solutions into profitable business. Renowned global experts will be involved as mentors, while each week successful startups will share their stories, successes and failures.

Apply by 12 September on following link:https://www.f6s.com/bau-apa2021/apply.

APA2021 will last eight weeks and will be divided in two parts:

(1) Part I: Online workshops for 15 selected startups (October).

In this phase, you will be actively working on your company material and learning from the best experts in the industry. The purpose of this phase is not only to upskill you and make your startup investment ready, but also to identify areas for improvement and your capabilities as a team, product, and company as a whole. You will not only improve your business model, but also align your core story, deck, product and make it ready for investors. You will have to work hard to advance to the next phase with the intermediate selection.

(2) Part II – Mentorship program for 3-5 selected startups which progressed the most (November).

In this phase, you will be coached by industry or knowledge specific mentors to make your business model solid and story straight for investors to understandStartups that put in the work and earn the trust of the mentors in Part I of the program can tap into the mentors’ network. Mentors are motivated to further support your growth by introducing you to their network based on your commitment and ability to get the job done.

All in all, this program is a fantastic opportunity for startups and scaleups to get in front of renowned global leaders from tech and business space.

  1. Coaching sessions by global experts for selected topics of intense work sessions to improve your business models in the part I of the program (4 weeks);
  2. Ability to dive deep in experiences of successful regional and global startups;
  3. Carefully selected mentors per startup that will devote their time and be responsible for your development. Mentors will be selected from our global network and carefully matched to your needs;
  4. Opportunity to tap into mentors and coaches’ network as well as get connected to the successful startups presented during the program;
  5. Opportunity for obtaining investment from BAU (or partner investors).
  6. Opportunity for additional support from other EBRD initiatives/programs.

Out of the received applications BAU will identify a shortlist of startups to be interviewed and further challenged to fully understand the problem they are addressing with the solution of the startups.

Startups will be selected and further evaluated based on the following evaluation criteria. The information below should help entrants understand the jury expectations:

  1. An ambitious, innovation-oriented, motivated and committed team with the ability and desire to create value;
  2. An innovative technology-based solution or innovative business model;
  3. Value proposition with a clear competitive advantage;
  4. Market potential;
  5. Business model.

Up to 15 startups will be invited to participate in part I of APA2021.
3-5 startups which progressed the most will be invited in Part II of APA2021.

This 30+30-day program is designed to support the selected teams to co-develop their solutions with mentors involved in the program. The acceleration program, including workshops and mentorship sessions, will be online, teams do not need to be based in Skopje for the duration of the program. Support by BAU might be offline. Trello or similar platform will be used for documents and tasks management.

Startups can apply by completing the application form, which will also be used as a baseline for monitoring their weekly and overall progress. In order to be eligible for the next phase you need to send weekly update to the mentors with details on your progress in following areas: Big Wins – Metrics – Sales & Marketing – Product – Team – Finance and Funding – 1 Ask – Thank You.

  • Startups or teams with a prototype, MVP or have already developed a solution
  • Less than five years in business
  • Minimum 51% Macedonian ownership
  • Dedicated team (at least 2 people)
  • Intellectual Property – Intellectual Property Entrants must own, or have written permission to use the Intellectual property relevant to their entry. All entrants need to demonstrate a willingness to share information about their solution for the purposes of the APA2021. BAU intend to carry out publicity activity as well as publish insights gained through the APA2021 program. These activities will not divulge information relating to Intellectual Property in the public domain.
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ACCELERATOR UKIM PARTNERED WITH EIT FOR THE JUMPSTARTER 2021 PROGRAM

Are you part of a scientific project team, innovator, scientist, PhD or Masters student, with a product or service idea to disrupt existing markets in one of the following sectors:

(1) HEALTHCARE, (2) AGRO-FOOD, (3) RAW MATERIALS, (4) MANUFACTURING OR (5) URBAN MOBILITY?

EIT Jumpstarted is ideal for you if you want to take your idea from the lab to the market and win €10,000.

During the 8 months-long programs, you will find and validate the best business model for your innovative idea. The courses build on the lean start-up methodology from Silicon Valley translated to the European Environment. You will learn about: how to refine your deal, market segmentation, customer value proposition, market segmentation, financials, investment basics, legal basics.

Important dates 2021

14 April

Pre-Jumpstarter workshop (3-hour-long training) 

Please register on the following link:

https://us02web.zoom.us/meeting/register/tZ0lc-CoqDosE9LPVFTNGowSx8Ceb3kTmLhI 

30 April 23:59 CET

Deadline for submitting business ideas is extended to 30 April 2021

16 May

Selection of ideas and invitation of the bootcamp

June

Bootcamp (online)

September

Local joint training

November

Grand Final

You will receive travel and accommodation support during the program, and the best teams in each category will have the chance to win a €10,000 money prize from EIT.
EIT Jumpstarter is a very selective, competitive program; participating in it opens doors towards the European markets and connects the best teams with the three EIT Communities’ large industrial partners such as GE Healthcare, Siemens, Philips, Roche, Bosch, Nestlé, Pepsico and Maspex, among others.
Accelerator UKIM will be closely monitoring your progress and for most advance an investment opportunity up to €100.000 will be open. 

THE INTEREST OF THE PARTICIPANTS HAS TO COVER ONE OF THE BELOW TOPICS:

  1. Forming Care Pathways: From diagnosis to treatment, care pathways are essential, yet current strategies focus heavily on the treatment phase. EIT is extending care pathways to provide end-to-end care before the onset of disease through to end-of-life support. And, EIT is optimizing long-term care to enable people with chronic conditions to live as well as possible.
  2. Healthcare Transformation: EIT brings together innovators and pool their talent to overcome fragmentation across healthcare delivery and create a sustainable healthcare system that can support an ageing society.
  3. Harnessing Real-world Data: Healthcare data provides rich insight into diseases and, when used efficiently, it will open up new possibilities. It will deliver prediction models for early diagnosis, enhance treatment and inform how people can lead healthier lives. EIT want to exhaust the wealth of healthcare data available across Europe to improve the lives of patients and citizens.
  4. Bringing Care Home: EIT is tackling the health challenges of an ageing population by prioritizing innovative solutions that support healthcare delivery in the home and away from the hospital, improving health outcomes. Significantly enhancing the integration of health and social care will be vital in ensuring European citizens receive optimal treatment while releasing pressure on hospital services.
  5. Health in the Workplace: In Europe, work-related stress affects one in four employees, leading to significant levels of absence – this is just one of the many work-related conditions we need to address. EIT wants to improve workplace health at every level through better education, improved personal awareness and helping to make healthy choices easier.
  6. Fostering Healthier Lives: EIT wants to change lifestyle behaviors by creating the tools and incentives for patients that help protect their health, preventing early ageing and reducing disease and disability.

More info: https://eithealth.eu/

Optimizing resource efficiency and environmental sustainability of agriculture supply, primary production, processing, storing, packaging, logistics/distribution, retail, consumer research, nutrition monitoring and food service;  developing nutritionally-customized food products, addressing unmet needs and generating consumer relevant functionalities;  building trust in the food system, securing traceability and auditability of food quality, safety and authenticity, combining digital and sensor technologies to acquire and transmit information through the food value chain. 

More info: https://www.eitfood.eu/ 

  1. Exploration and raw materials resource assessment: EIT would like to see ideas focused on new exploration technologies, innovative research and advances in education. EIT will facilitate all of this through bridging and synergies of knowledge from industry, research and education.
  2. Mining in challenging environments: EIT aims to build up Europe’s mineral extraction industry, providing opportunities through the development of innovative, smart and efficient technologies, specialist higher education with an added focus on entrepreneurship, and integration of the entire raw material value chain.
  3. Increased resource efficiency in mineral and metallurgical processes: The modern-day solutions face a number of challenges — fluctuations in resource quality, the introduction of new resources, increased safety demands, environmental impact, and increasingly rapid changes in demands and markets. At the same time, it is crucial to ensure an efficient transfer of knowledge within the skilled processing workforce so that it can be retained by newer generations. EIT has set out to meet these challenges by supporting and facilitating the improvement and creation of innovative processing methods and technologies. In turn, these will catalyse new business opportunities for the processing of both primary and secondary resources. Within EIT’s unique and comprehensive community covering the entire raw materials value chain, such developments can be matched with needs and demands — both upstream in the mining and mineral exploration sectors as well as downstream in the recycling, substitution and circular economy sectors.
  4. Substitution of critical and toxic materials in products for optimized performance: EIT supports innovation and business creation offering solutions and added value, particularly in the fields of sustainable mobility, energy, machinery, and ICT. The current portfolio encompasses projects on topics including energy storage, magnetic materials, hard materials, lightweight design, and materials and systems modelling. Innovative new services and business models that enable an optimized use of raw materials are also supported. These activities harmonize with education projects to encourage future experts in substitution-related fields and to raise awareness across wider society.
  5. Recycling and material chain optimization of end-of-life products: EIT supports innovation projects and new businesses that scale up and introduce new technological solutions to the market. These are aimed at improving both the amount and quality of raw materials recovered from secondary sources, that is, end-of-life products, industrial residues, tailings, and urban and landfill mining.
  6. Design of products and services for the circular economy: The challenge for EIT is to fully utilize the potential of industrial symbiosis by applying a systemic perspective and revitalizing the human capital in the raw materials sector through two strategic objectives:

DESIGNING SOLUTIONS: At the concept stage, many key decisions are made which have significant and lasting consequences from a raw materials perspective. In terms of system design in the future, a systemic approach to materials innovation, products, product-service systems, processes and wider systems across the whole lifecycle is essential. EIT RawMaterials will use powerful multi-scale modelling and decision-making support tools based on big data to offer new opportunities for designing smarter solutions.

CLOSING MATERIAL LOOPS: A radical shift is required: from linear to circular thinking. End-of-life products must be considered as resources for another cycle, while losses and stocks of unused materials must be minimised all along the value chain. In addition, interactions between materials must be taken into account in order to define the best circular solution from a systemic standpoint. Awareness of the benefits of closing material loops must be raised amongst students, industry and society.

More info: https://eitrawmaterials.eu/  

EIT Manufacturing: people and robots for sustainable work, additive manufacturing for full flexibility, waste-free manufacturing for a circular economy, platforms for digitalized value networks.

EIT Manufacturing defined four Flagships as prime demonstrations of the community’s ability to solve complex challenges, while delivering high societal and industrial impact. EIT Manufacturing’s flagships are:

  1. Excellent manufacturing skills and talents: adding value through an upskilled workforce and engaged students.
  2. Efficient manufacturing innovation ecosystems: adding value through creating ecosystems for innovation, entrepreneurship and business transformation focused on innovation hotspots.
  3. Full digitalization of manufacturing: adding value through digital solutions and platforms that connect value networks globally.
  4. Customer-driven manufacturing: adding value through agile and flexible manufacturing that meets global personalised demand.
  5. Socially sustainable manufacturing: adding value through safe, healthy, ethical and socially sustainable production and products.
  6. Environmentally sustainable manufacturing: adding value by making industry greener and cleaner.

More info: https://eitmanufacturing.eu 

EIT Urban Mobility: active mobility, sustainable city logistics, future mobility, mobility and energy, and public realm, are the most focused areas, but other actions areas are also welcome to change the city transport/citizen engagement.

Urban mobility is always under pressure. Future challenges ahead include growing urban populations, how to build and maintain infrastructure, the economic and environmental costs of congestion, demands for greater accessibility and safety, and the question of how to improve air quality. Based on a thorough analysis, EIT Urban Mobility will address eight societal and urban mobility challenges.

We will meet these challenges through the activities of the City Club, Academy, Innovation, Business Creation and Factory.

More info: https://www.eiturbanmobility.eu/  

The strategic aim of this program is to create a sustainable impact in the Central-Eastern and Southern-European Regions by boosting innovation and entrepreneurship within this part of Europe. The program’s concept originates from the real needs of the innovation ecosystem of these regions. Countries face similar challenges; they have enormous innovation potential, with bright scientific minds, but the research results are likely to remain within the labs.  At the same time, there is a significant number of needs that have been unmet from the corporate side. To overcome these challenges connecting the innovative solutions with the articulated demands from the industry and increase the competitiveness of our regions – six EIT Communities teamed up to jointly running EIT Jumpstarter. The competition is organized by EIT Health, EIT Raw Materials, EIT Food, EIT InnoEnergy, EIT Manufacturing and EIT Urban Mobility. They are six Knowledge and Innovation Communities of EIT, the European Institute of Innovation and Technology. They bring together businesses, research centers and universities as partners creating a favorable environment for creative thought and innovation to flourish. EIT is a valuable, credible partner to get your business idea up and running.

Graduates of the program possess the skills and knowledge to launch their company, and as part of the alumni community, they receive further support and dedicated advisory from the EIT Communities regarding the next stage of their start-up journey.  We introduce teams to partners, VCs, regulatory bodies and companies that can produce their products, their first buyer or a test site. They meet major innovation hubs in Europe, which is important when they want to enter foreign markets. 

The program has trained more than 348 start-up teams since 2017, and interest in our competition is growing.

In 2019 EIT Jumpstarter won the Best Association Training Initiative Award of the European Association Awards.

More info: https://eitjumpstarter.eu/ 

Categories
Closed Calls News

FIA START-UP CHALLENGE 20/21

Авто-мото Сојузот на Македонија и Акцелераторот УКИМ ги покануваат македонските старт-ап компании да учествуваат на овогодинешниот старт-ап предизвик на Светската Автомобилистичка Федерација (FIA Region I Start-up Challenge II).

АМСМ, како единствена членка на FIA од земјава, во соработка со Акцелераторот УКИМ, ја промовира оваа можност за промоција и идентификување на стартапи кои може да учествуваат на предизвикот.

Акцелераторот УКИМ ќе им обезбеди поддршка во подготовка на апликација, менторство и можност за инвестиција до 30 000 евра. Пратете краткa информација за вашата идеја на operations@accelerator.ukim.mk, за да ви закажеме состанок за презентација. 

Овој месец се организираа три панел дискусиите со претставници на ФИА и членките на ФИА со цел да се обезбедат дополнителни информации на потенцијалните учесници и истите можете да ги најдете подолу.

FIA Region I, кој вклучува мобилити клубови од Европа, Блискиот Исток и Африка, годинава, повторно организира предизвик за start-up компании. Категориите за пријава на предизвикот ги одразуваат подрачјата во кои мобилити клубовите ги проширија своите активности во последните децении. Денес, нивните деловни активности не се поврзани само со автомобилите, туку со мобилноста генерално, дури и со услуги кои го поедноставуваат и олеснуваат животот на нивните членови.

Стартапите кои ќе бидат селектирани во потесниот круг на предизвикот ќе добијат низа можности:

  • Поддршка од Акцелераторот УКИМ во подготовка на апликацијата;
  • Поврзување со мрежата на FIA Region I, кој преку своите 103 клубови-членки, претставува пазар од над 36 милиони потрошувачи во Европа, Блискиот Исток и Африка;
  • Во текот на 2021 година, учесниците ќе имаат бројни можности да ги претстават своите идеи пред експертите на мрежата на мобилити клубовите на FIA Region I:  учество на онлајн настани со избрани експерти за иновации и развој на бизнисот, можност за средба со маркетинг и бизнис професионалци на клубовите на водечките мобилити клубови и средба со лидерите со кои можете да потпишете договор за соработка.
 

Категориите за пријава на предизвикот ги одразуваат подрачјата во кои мобилити клубовите ги проширија своите активности во последните децении. Денес, нивните деловни активности не се поврзани само со автомобилите, туку со мобилноста генерално, дури и со услуги кои го поедноставуваат и олеснуваат животот на нивните членови.

Како мобилити клубовите може да ја подобрат и иновираат употребата на автомобили во иднина?

Автомобилот е во центарот на деловната активност на клубовите. Бидејќи употребата на автомобилот и неговите карактеристики стабилно се развиваат, мобилити клубови веќе бараат нови начини да бидат на страната на возачот. Стартапите се добредојдени да достават идеи во овие сегменти, на пример, во областите: поврзани автомобили, модели на сопственост, безбедност на патиштата, електрична мобилност, влијание на автомобилите врз животната средина и слично.

Како клубовите може да ги понудат најдобрите решенија за мобилност на своите членови?

Денес, корисниците имаат на располагање многу опции за превоз и го редефинираат преферираниот начин на движење. Мобилити клубовите бараат нови начини да им помогнат на своите членови во оваа транзиција и да најдат опција за мобилност што одговара на нивните специфични потреби. Во оваа категорија, стартапите може да достават алтернативни решенија за мобилност, на пример, во областите: урбана мобилност; мобилност како услуга / по барање, решенија за микро-мобилност и слично.

Како мобилити клубовите може да им го олеснат животот на луѓето и надвор од нивните автомобили?

Мобилити клубовите може да понудат широк спектар услуги за помош на своите членови и надвор од сообраќајот. Ова може да вклучува услуги во домовите на луѓето (на пример, поправки на дефекти / безбедносни услуги / поврзани домови), или каква било услуга за лична помош (на пример, е-трговија, административни задачи). Како клубовите можат да ги поддржуваат луѓето насекаде, а не само при дефект на автомобилот? Како можат да им помогнат на луѓето да уживаат во поздрав и посреќен начин на живот? Во категоријата помош, стартапите може да достават идеи во областа на, пример, следниве области: помош во домот, здравје, лична помош и слично.

Право на учество имаат сите регистрирани компании, кои имаат прототип на производ или услуга, и имаат одговорни менаџери за развој на бизнисот и технологија.

Крајниот рок за аплицирање е 28 февруари 2021 година. Стартапите, кои влегле во потесен избор, ќе бидат известени во март 2021 година.

За време на процесот на селекција, доставените идеи се евалуираат од експертите за иновации на клубовите-членки на FIA Region I. Стартапите кои ќе влезат во потесниот избор ќе работат заедно со овие експерти заради потенцијално усогласување со деловните активности на мобилити клубовите.

Формат за аплицирање.

Акцелераторот УКИМ, е еден од водечките акцелератори во Македонија, кој обезбедува поддршка во инвестиции во рана фаза и прилагодени програми за поддршка на бизнисот, вклучувајќи менторство и пристап до меѓународни пазари, фондови, мрежи и заедници. На располагање се целокупното искуство и ресурси на нашите основачи, кои заедно во соработка со повеќе од 3000 професори од најстариот универзитет во Македонија, 25 ментори – успешни Mакедонци во светот и нашите меѓународни партнери, ќе Ви помогнат да го остварите својот бизнис потенцијал. Може да не контактирате на: operations@accelerator.ukim.mk

Првиот start-up предизвик на FIA Region I привлече 67 апликанти од различни земји. Од нив, 12 апликанти беа во потесниот избор. Овие 12 избрани апликанти се поврзаа со повеќе од 50 експерти за бизнис развој на клубовите, преку претставувања, состаноци еден на еден, панел дискусии, дебати, тематски дискусии и слично. Тројца (3) финалисти ја претставија својата работа на Годишното генерално собрание на ФИА во Париз. Македонија не учествуваше на првото издание на предизвикот. 

Дополнителни видео информации за повикот и улогата на БАУ, АМСМ и ФИА

Дознајте како да аплицирате, кои се предусловите и можностите кои ви ги нуди FIA Region I Start-up Challenge, преку ова 10 минутно излагање на Сара Камбиер од FIA. 

Интервју за Слободна ТВ со повеќе информации за повикот со Александар Стамболиев, БАУ