Introducing the new standard for new ventures. EUR 30k equity funding. Over 50 world-class mentors. Individually tailored program, weekly touch points, in-person and online. Daily support for strategy, team, business development, and follow-on funding.
Welcome to Vitosha ACCELERATE.
Vitosha ACCELERATE consists of a revolving program with cycles that take place throughout the year. Each cycle is a three-month timeline
ACCELERATE kicks off with a loaded week of networking, assessing, learning, and setting goals with the entire partner team and a group of 20+ top mentors from the Vitosha ACCELERATE network.
Our partner team will work in-depth with each company to define an individual set of metrics and goals that we can jointly track and grow on a weekly basis, adapting the program to the individual needs.
The most treasured asset of ACCELERATE is our global network of successful entrepreneurs, storied VC investors, and business growth wizards, who will be working with companies at group sessions and individually.
Biz dev and investors
The Vitosha team is directly available and involved with each company in making intros to potential clients, users, and working alongside the founders on preparing the next fundraise.
Instead of demo days, Vitosha ACCELERATE will feature tailored graduation presentations throughout the year, attended by investors and business executives relevant to each company.
Vitosha ACCELERATE tickets come in one standard term sheet offer:
Mentors and experts
Our biggest asset is the experiential value our venture connections can give to our portfolio.
Requirements and process
Vitosha ACCELERATE is open year-round, accepting applications and selecting approximately 10 companies per year for investment and program participation.
We accept any early-stage product or service concept, at or around MVP validation stage. For funding, we require a legal entity with an address in Bulgaria and a founder team dedicated to the startup.
Vitosha ACCELERATE accepts applications year-round, submitted online on this website. Initial review occurs ahead of program cycles, with selected finalists getting an invitation to pitch to Vitosha ACCELERATE in person.
The Vitosha ACCELERATE Investment Committee reviews all finalist pitches, conducts compliance and due diligence checks, and announces the selected teams within a month of initial review.
Selected companies join the program at the next program cycle kick-off. After an intensive TRACTION Week, each company obtains a personal plan and tailored workshops and mentoring sessions.
Upon selection into Vitosha ACCELERATE, each company is offered a term sheet for EUR 30k, with the possibility for Vitosha to follow-on fund up to EUR 1 million after completion of Vitosha ACCELERATE.
vitosha accelerate faq
Recently we held a Virtual Open Hours session, where we answered lots of great questions by prospective Vitosha ACCELERATE applicants. We decided to bundle the most important ones as FAQ; check it out here:
Vitosha Venture Partners is co-financed by the European Structural and Investment Funds under the Operational Programme for Innovation and Competitiveness 2014-2020, managed by the Fund of Funds in Bulgaria. For our fund's ESG policy, please see here: http://vitosha.vc/esg.