European Bank for Reconstruction and Development launches Start-Up Innovation Challenge

November 19, 2020
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Building on its experience and know-how in the start-up space, the European Bank for Reconstruction and Development (EBRD) is launching its first online competition for high-potential start-ups that have innovated their business models in response to the coronavirus. Innovative early-stage enterprises that have the technology and the potential to scale are welcome to apply by 22 November 2020. The competition will be held on 17 December 2020.

A total of USD 500,000 of mixed cash rewards and vouchers for 5 selected startups to cover the costs will be offered within the framework of the Star Venture programme including business diagnostics, tailored one-on-one technical advisory, mentoring, access to international investors, etc.

The EBRD has financed and advised high-potential start-ups in its countries of operation through various advisory and investment vehicles including Star Venture Programme, Early-Stage Innovation Facility, and Venture Capital Investment Programme.

 

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Press Release

European Bank for Reconstruction and Development (EBRD)

Countries covered:

  • Algeria
  • Egypt
  • Jordan
  • Lebanon
  • Morocco
  • Palestine *
  • Tunisia