The application process for the 7th edition of Huge Thing’s accelerator is now open! Each startup participating in the program will get up to 45 000 euro equity free financial support, 11 500 euro in expert services and amazingplacetoworkinduring the acceleration. Huge Thing is looking for FinTech, MarTech and HR startups with a ready product.
This is the second program, organized as a part of Poland Prize initiative, dedicated to bring foreign startup to Poland and help them grow and expand to new markets. “Our main goal is to help startups build profitable businesses. With the financial grant, possible corporate partnership, professional mentoring and support in getting an investment our startups can grow and expand not only to Poland but also beyond” – Kamila Chmielewska, Program Coordinator.
In this 7th edition, Huge Thing partnered with some amazing companies to bring startups and real-life problems together. Program partners for Poland Prize powered by Huge Thing are Santander Bank Polska, Procter and Gamble and Speedup Venture Capital Group. Each of the startups accepted to the accelerator will get a chance to work with one of the partners.
“For the last few months, Santander Bank Polska has been working on scouting and accelerating fintech start-ups in tandem with the Huge Thing accelerator. When choosing start-ups, we look for products and services that are in line with the bank’s product strategy and address the needs defined by its key business areas. In the second edition of acceleration program, bank will focus on solutions addressing: Big data/AI, open banking, process automation and robotics domains” – Dariusz Paczewski, Innovation Officer, Santander Bank Polska.
Program partners use their global reach and resources to help chosen startups succeed not only in Poland but also beyond. That’s why the program itself is created in a way to support the overall growth of the projects but also to enable the cooperation with program partners. Creating those partnerships in Poland may lead to cooperation on a global scale.
“For Procter & Gamble Poland is a key hub for global innovations. Our IT Center in Warsaw supports our businesses all over the world, being one of the biggest global services hubs for the company. It specializes in creating solutions and systems supporting product identification, supply chain planning, Business Intelligence and Big Data. We believe that collaboration between companies like P&G, operating on a global scale and start-ups can accelerate creation of innovation. That’s why we have decided to continue our participation in the Poland Prize powered by Huge Thing also in the second phase of the Program, seeing its potential as a unique platform bringing together young entrepreneurs and established businesses. – Małgorzata Mejer, Corporate Communication P&G Central Europe.
Besides the financial grant, the possibility of working with corporate partners and professional mentoring, startups can expect support in finding potential investors as well.
“From Speedup Venture Capital perspective HugeThing powered by Poland Prize serves as a trampoline to foreign startups to get them to prepare to enter the Polish market. Thanks to the ecosystem that has been built around HugeThing, startups get access to business partners, potential customers and investors which creates a great potential for them to boost their businesses in our country.” – Jagoda Żychlewicz, Senior Investment Analyst at Speedup Venture Capital.
The program will last 16 weeks and is hosted by Google for Startups Campus in Warsaw. The goal is to give startups the tools and knowledge which will allow them to build strong and profitable businesses. That’s why Huge Thing offers up to 45 000 euro equity free financial support as well as 11 500 euro in expert services for each team. Participants work not only with corporate partners but also with experienced mentors and personal tutors.
The application process is open until the 16th of June 2019.
Mature startups are welcome in the areas of:
– Customer Care
For those will be offered:
– 16-week-long acceleration program
– Up to 45 000 euro equity free financial support
– Workshops and mentoring sessions with inspiring professionals
– A special path for more advanced startups
– Polish lessons
– Amazing place to work in Google for Startups Campus Warsaw
– Great networking opportunities