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International initiative

SCIENCE WITH A FUTURE III BIOTECHNOLOGY, ARTIFICIAL INTELLIGENCE (AI) AND SMART TECHNOLOGIES

By IoT, AI & ML, Robotics, Software engineering, Microelectronics, For ICT professionals, Audience, Technology, Computing, 5G & WiFi, Form of the funding, Grant, Bulgaria, Country suitable for the funding, International initiative, OPPORTUNITIES: Funding, Type of funding initiative
SCIENCE WITH A FUTURE III BIOTECHNOLOGY, ARTIFICIAL INTELLIGENCE (AI) AND SMART TECHNOLOGIES

21.04.2023 |

Call for projects

With the third edition of the “Science with a Future” contest, the America for Bulgaria Foundation is looking for project proposals from researchers, scientists and engineers between the ages of 16 and 40 with applied ideas in the field of biotechnology, artificial intelligence and smart technologies that solve existing problems and have the potential to be implemented in practice. The main aim of the competition is to encourage and stimulate early stage development of their developments and products.

Who can apply?

The call is open to applicants from across the country with an interest and experience in biotechnology, artificial intelligence and smart technologies, aged 16 to 40 at the time of application. Individuals meeting these conditions, teams of individuals, or already registered companies or non-profit legal entities operating in Bulgaria for no more than 5 years, where at least one of the founders of the company/legal entity is under the age of 40 at the time of application, can apply.

It is a prerequisite that the projects applied for are not only at the idea level, but have successfully passed at least the second stage of technology readiness (formulated technical concept) according to the internationally accepted scale for assessing the maturity of newly created technology (Technology Readiness Levels) and that work has begun on the third stage – proof of concept in an experimental environment.

Project Requirements

Projects developing innovative technology solutions with an applied focus in biotechnology, artificial intelligence and smart technologies will be funded, including Internet of Things and smart devices, smart wearable electronics for monitoring health indicators, smart home and smart city systems, smart solutions and technologies for healthcare, environment and accessibility for people with disabilities, smart solutions for agriculture, etc.

Projects should have a high potential to find business application in the medium term (up to 3 years) and have a real and measurable impact on business, industry and/or improving the quality of life of particular groups of people and communities.

Deadline for applications: 15 May 2023.
For more information click here.

Details

Website

Target audience

Digital skills for ICT professionals

Digital technology 

Artificial intelligence

IoT

Software engineering

Robotics

Form of the funding

Country suitable for the funding

Bulgaria

Financial intermediate 

America for Bulgaria Foundation

Benefitials 

Startups

Requirements

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