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BULGARIA: THE PROFESSIONAL ASSOCIATION OF ROBOTICS AND AUTOMATION IS RECRUITING PARTICIPANTS FOR ITS MENTORSHIP PROGRAM

By Robotics, For children, In education, Audience, Technology, AI & ML, Bulgaria, INSPIRATION: Good practices, Private, National good practice initiative, Local good practice initiative, INSPIRATION, Без категория
BULGARIA: THE PROFESSIONAL ASSOCIATION OF ROBOTICS AND AUTOMATION IS RECRUITING PARTICIPANTS FOR ITS MENTORSHIP PROGRAM

29.03.2023 |

The Professional Association of Robotics and Automation (PARA) is recruiting participants for the second time for its educational program, PARA Robotics Incubator. Participants in the program will receive mentorship guidance, hardware, and access to specialized equipment in laboratories. The main goal of the program is for participants to create their own working prototype based on a pre-established project, thereby stimulating entrepreneurship.

To enroll in the program, participants must be at least 14 years old and have basic programming skills. Within the six-month program, each participant is expected to complete their prototype. Projects that are encouraged should focus on the areas of robotics, industry 4.0, artificial intelligence, and intelligent solutions for urban environments.

The program will culminate in 10 selected projects, which will be presented to a jury, with the winner of the student group receiving a prize of 2,000 lev and the winner of the student projects group receiving a prize of 4,000 lev.

Thanks to sponsors from “Sofia Tech Park” and “Rezonator,” access to equipment and resources in Sofia will be provided, while in Varna, Vidin, Plovdiv, Stara Zagora, and Ruse, equipment will be provided by other partners of PARA.

The deadline for application is February 20, and the selected 10 projects will begin their participation in the program on March 6.

Details

Website

Target audience

Digital skills in education

Digital skills for children

Digital technology

Artificial Intelligence

Robotics

Level

Basic

Intermediate

Advanced

Funding of the good practice

Private

Type of initiative of the good practice

National initiative

Local initiative

Country providing the good practice

Bulgaria

Organisation providing the good practice

PARA- Professional Association of Robotics and Automation

Start date

20.02.2023

End date

06.09.2023

ELEVEN VENTURES WILL INVEST EUR 300 000 IN TECH START-UPS

By Computing, Web development, Telecommunications, Mobile apps, Digital marketing, Blockchain, 5G & WiFi, Big data, Cybersecurity, Microelectronics, IoT, For the workforce, AI & ML, For ICT professionals, AR & VR, Audience, Basic digital skills, For ICT professionals, Audience, Robotics, Technology, Software engineering, Grant, Bulgaria, OPPORTUNITIES: Funding, International initiative, Other, OPPORTUNITIES
ELEVEN VENTURES WILL INVEST EUR 300 000 IN TECH START-UPS

10.09.2023 |

 Bulgarian venture capital fund Eleven Ventures is looking for candidates to invest 300,000 euros in exchange for a 10% stake in the company. The fund also offers support through the creation of an individual growth plan, meetings with business mentors, as well as support in seeking future funding rounds. The Eleven Alpha program is mainly looking for startups from the sectors in which Eleven usually invests, namely fintech, healthcare, future of work and future of food, but the fund also expresses interest in other startups located in Southeast Europe. According to Eleven managing partner Ivaylo Simov, the fund will invest in around five companies from different sectors, as cited by Capital Daily. Simov notes that companies that already have a prototype or experience working with customers are sought, but that doesn’t mean there isn’t room for early-stage projects. To receive funding, a company must have a good team. According to Simov, this means that applicants should have experience and know-how in the field they are trying to enter, and for the profiles of the partners in the startup venture, it is recommended that they be different to cover the basic needs of a functioning business.

Eleven Alpha is a three-month program with a fast application process and investment receiving within 2 months. The fund reminds that the first Bulgarian “unicorn” Payhawk received a similar investment at its early stage of development.

Applications can be submitted through Eleven’s website until November 19, 2022. The launch of the program and the main activities will start in January 2023.

Details

Website

https://www.11.vc/alpha/

Target audience

Digital skills for all

Digital skills for the workforce

Digital skills for ICT professionals

Digital skills in education

Digital technology 

artificial intelligence
cybersecurity
Internet of Things
big data
blockchain
robotics
augmented reality
virtual reality
high performance computing
machine learning
cloud computing
5G
telecommunications
WiFi
quantum computing
software
mobile application development
web development
microelectronics
digital skills

Form of the funding

Country suitable for the funding

EU

Financial intermediate 

Benefitials 

Startups