Huge Thing has informed AIN about the launch of the recruitment for startups around the world. The finalists can receive support from mentors, assistance with international expansion, hands-on work on solutions, and grants of up to €80,000.
About the program:
Huge Thing is part of the SpeedUp Venture Capital Group, a group of venture capital funds in Poland. As a group, it invests in enterprises at the early stages of development.
Now, the Huge Thing team has prepared three specialized tracks for the Startup Booster program, according to the different stages of startup development and the so-called TRL, or Technology Readiness Levels:
While preparing the Huge Thing Startup Booster program, we decided to divide it into three tracks, perfectly tailored to startups at different stages of development. This way, the invited mentors, partners, and the prepared content will perfectly address their current situations and needs,
Maria Tyka-Majewska, Senior Program Manager at Huge Thing, commented.
Industry Test (corporate) (TRL 6-9):
The corporate track designed for startups with an already functioning product or service. Participants will receive grants of up to €80,000 and have the opportunity to collaborate with project partners, including Veolia, the City of Zduńska Wola, Saint Gobain, PKO Bank Polski, Rossmann, PZU, Alior Bank, Żabka, and Legimi. The goal of this track is to provide startups with the opportunity to test their solutions in a real business environment.
Go Global (TRL 8-9):
This track is designed for startups that have reached a higher level of technology readiness and have completed their initial market implementations. The program offers grants of up to €80,000 and focuses on supporting companies in their international expansion, particularly in Asian, American, and German markets. Participants will receive assistance with market entry strategies, establishing business contacts, and adapting their products and services to the specifics of local markets.
Sector Agnostic (TRL 5):
This track focuses on startups at an earlier stage of development, specifically at TRL 5. The program is designed to support the refinement of their product or service and prepare them for market entry. Participants can receive grants of up to €40,000 and will have the opportunity to collaborate with mentors and Huge Thing partners. Additionally, the initiative facilitates the establishment long-term partnerships.
Recruitment for Startup Booster program has already started and will be open until July 28th, here.
