[ sirma venture lab ]

Sirma is looking to support the next AI, Robotics and Drone startups from the Balkan region

Sirma is looking to support the next AI, Robotics and Drone startups from the Balkan region
Up to EUR 400k investment
Tech partner from
day one
Access to expertise from 300+ startup projects

Program

  • 3-month incubation
  • EUR 50,000 pre-seed round
  • Up to EUR 350,000 follow on investment available
  • Option to partner with one of the largest privately owned IT groups in Bulgaria
  • Access to an intensive mentorship program – tech and business expertise

Criteria

  • Pre-seed and Seed stage startups tackling real problem with artificial intelligence component in the business model
  • Need support with software development in order to scale or validate MVP
  • Early market validation as a minimum
  • Strong team with domain expertise

[ about ]

Sirma is one of the largest privately owned Bulgarian IT groups, founded in 1992

Sirma is one of the largest privately owned Bulgarian IT groups, founded in 1992.

Sirma designs and develops world-class semantic software, cognitive business solutions, industrial applications, mobile platforms and applications, ERP software, and more.

Sirma, together with Innovation Capital, is looking to back the next tech stars from Eastern Europe with ground-breaking projects. Join us and be part of the VENTURE LAB with more than 300 start-ups growing with Sirma.

The incubation program is a great place to further develop your products and services with the help of a dedicated team from Sirma that can help you build an MVP and get market validation. The program offers complete support and education on various tech and business skills to bring your startup to the next level.

[ program ]

Value proposition

Funding

Funding

  • Up to EUR 400,000
    • EUR 50,000 at Investor day
    • Up to EUR 350,000 follow-on investment in 12 months for the top performing projects
  • Network with potential co-investors (VC funds, business angels, Family Offices) Follow-on funding available
Access

Access to

  • Tech partner - Sirma has helped more than 300 start-ups to grow up
  • Mentors that have faced similar issues to yours - they will help you get it done
  • Customized curriculum
Services

Included services

  • Tech credits
  • Dedicated team from Sirma
  • Exposure to Sirma's ecosystem of businesses
  • Marketing and branding
  • Website building
  • Accounting
  • Legal services

As a seasoned partner to start-ups, Innovation Capital adds mentorship and entrepreneurial expertise to make the program an engine for business growth. Join us and take the opportunity to collaborate and test a solution using Sirma's outreach and infrastructure. Be part of the challenge and drive innovation within the technology industry.

[ focus areas ]

We are investing in companies that will shape the future.

[ the timeline ]

  • 1

    Application deadline

    September 30th

  • 2

    Selection/Pitching

    October 1st - 15th

  • 3

    Demo day

    TBD

Get your funding at the Demo Day

Globe

[ team ]

Program team

Angel Angelov

Program Director

Yavor Gochev

Program Manager

Yordan Nedev

Program Manager

Momchill Zarev

Program Manager

[ portfolio ]

Some of our portfolio companies

Grow with Sirma Venture Lab

Application window open until September 30th, 2023

Apply
Grow with Sirma Venture Lab