The 2015 edition of the pan-European startup contest Idea Challenge sees an increase in variety and internationality. The series of events re…
Photo credit: MPV academy
13 finalists are now part of MVP Academy Class of 2015 and are working on products in fields such as security, mobile commerce, ecommerce, analytics or fashion tech and have differentiated themselves through their experience and professionalism. "We are very impressed by the quality of the applicants for this year's edition,” said MVP Academy Programme Manager George Dita who praised the team’s commitment and experience. “The finalists are the most well prepared and driven batch of startups we've had so far. This is a huge step forward and an important signal regarding the evolution of the ecosystem," he told inventures.eu. The finalists will spend the seven weeks of the pre-acceleration programme on taking their projects to the next level, building valuable connections in their respective industry and taking advantage of various educational opportunities, as workshops and mentoring sessions.
The finalists are the most well prepared and driven batch of startups we've had so far. This is a huge step forward and an important signal regarding the evolution of the ecosystem.
The selection procedure took into account the team fit and experience, the market size and industry trends, market validation and traction for the startup’s offering, the international potential and impact, as well as the overall feasibility of the product. Bogdan Iordache (Investment Manager, 3TS Capital Partners and Board Member, How to Web & TechHub Bucharest), Cosmin Ochișor (Business Development Manager, hub:raum, that has evaluated the teams on behalf of hub:raum and Telekom Romania) and Alex Negrea (cofounder, docTrackr) were part of the jury that selected the finalists.
In between March and May, the 13 teams will pass through a complex pre-acceleration process, customised to fit their specific development needs. During this time, startups will foster relationships with mentors and industry leaders, among which are Jon Bradford (Managing Director, Techstars UK), Mike Butcher (Senior Editor, TechCrunch Europe), Alex Barrera (Co-Founder, Tech.eu & Press42), Ivan Brezak Brkan (Editor, Netokracija), Olaf Lausen (Chief of CEO Staff & Business Development Director, Telekom Romania) or Florin Talpeș (CEO & Founder, Bitdefender). A complete list of mentors is available here.
Moreover, teams will discuss their business models with representatives of international accelerators (Techstars, Startupbootcamp, Startup Wiseguys, Ignite 100 or LAUNCHub), angel investors and early stage investment funds that are active in the region (Early Bird, 3TS Capital Partners).
The pre-acceleration programme concludes on with a Demo Day, where the 13 startups will pitch their products and showcase their progress in front of an audience comprised of investors and leaders of the professional tech community from Europe and beyond.
The startups that are now part of the second batch of the pre-acceleration program are:
Accelerole: pay-as-you-go management software that helps freelancers and agencies master the bill-by-the-hour structure & better manage their internal processes.
Catwalk15: mobile app that helps you get instant fashion advice and find style inspiration.
Clepsisoft CyberFog: proactive cybersecurity solution which can deflect cyberattacks targeting your company;
CloudHero: management and reporting product that empowers teams and individuals to manage their infrastructure, deploy new services and control the costs from one single place;
Conversion Network: integrated marketing software that enables affiliate marketers to build and scale their business with less effort and better results;
InnerTrends: web analytics solution for web apps and ecommerce websites focused on tracking customers;
MyDog.xyz: platform that interconnects dog owners, dog service providers and parks;
SafeDrive: mobile app that improves the traffic safety by rewarding the users that don't use the phone while driving with points that can be converted in products and services;
Seeds: unified survey platform for heavy data gatherers;
Squady: platform that helps people discover, join and create social activities in an easy and intuitive way;
Swapr: easy to use mobile app that allows women to exchange clothes with each other anytime, anywhere;
SwipeTapSell: single-page browser-based app that offers a streamlined mobile and tablet experience, helping online stores to engage and convert more;
Unloq: a new way to authenticate and authorize transactions that replaces passwords with devices, thus offering its users increased security, simple & free.
We wish the 13 finalists the best of luck in this programme and we’ll keep you updated on how they progress.
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