Netocratic’s friends over at Deutsche Telekom Krakow-based startup accelerator Hub:raum today launch a new programme: Hub:raum Krakow WARP – an intensive, “turbo” 8-day accelerator program for startups from across Europe with all the expenses of travel and accommodations covered!
Startups that get into the programme can expect mentoring, workshops and 1-on-1 meetings with expects as well as a possible seed investment from Hub:raum. Don’t worry, you don’t have to give any equity to participate in the initial WARP programme.
Short and Sweet – for Startups
You might remember the Krakow-based accelerator from the Techcrunch Balkans Tour that they supported, when we traveled across the region visiting Zagreb, Ljubljana, Belgrade and Sofia with special guest John Biggs. Interestingly, Netocratic’ author Luka Sučić became Hub:raum evangelist for the region just last month.
The WARP accelerator will last 8 days, from November 30th to December 1st and will take place in Krakow where Hub:raum has its accelerator space intended for Eastern European startups. The focus of the project is to connect Hub:raum with the startup and entrepreneurial community across the region and continent. Jakob Probola, Head of Hub:raum Krakow, said that the programme will focus on developing concepts and business models, marketing and legal issues that the startups may have. Hub:raum’s Luka Sučić told Netocratic exclusively:
Hub:raum is a great chance for regionals startups to test their ideas. We’ll give them great mentors, deep marketing insight and all the support they need to develop their product further. They just need the good will to make it happen with the resources at their disposal.
What Can You Expect?
Probola makes a point of saying startups will be able to use Deutsche Telekom’s resources and the most successful startups will get invited to Hub:raum’s accelerator. Hub:raum offers 10,000€ to 30,000€ in a preseed funding (no equity) and 30,000€ to 50,000€ in a seed stage in exchange for 10 to 30 percent equity stake in the company.
Apply at WARP Speed!
You can apply for the Hub:raum Krakow WARP programme on their official website. Hub:raum will accept either teams of 2 to 4 members with a product and innovative idea or individuals with an idea for a project. Expenses for the participating teams including accomodations and travel are covered by Hub:raum.
Sučić told us that startups should take their time with the application!
Hub:raum will of course, being part of the Deutsche Telekom group, like startups that dabble with web and mobile technologies or digital media. Payment, ecommerce and communications that can be tied in with telecoms will interest them even more.
You can apply today through November 17th and the programme starts at the end of November. It’s worth noting once again that you Hub:raum doesn’t require any equity to participate in the WARP programme. The best startups might get a seed investment offer at the end of the project. If you have any questions, don’t worry: Sučić promised to answer them in the comments so ask away!