Startups – it’s London time!
Within its activities to support startups from Serbia on the way to internationalization and increasing global visibility, the Science Technology Park Belgrade invites startups to apply for participation in a study startup trip to London in June 2024.
Applications are open until April 8 at this LINK.
The UK is the leading startup hub in Europe with a tech ecosystem valued at almost 1 trillion dollars! Over 40,000 startups attract more funding, close more deals and achieve more exits than in any other country on the continent.
London O’Clock offer an opportunity for up to 3 startups from Serbia to, on their way and while planning their global expansion, have the first insight into and make the first steps in this dynamic market, understand its specifics, and with the acquired contacts and professional support identify challenges and opportunities, and strategically approach further business expansion.
What can startups expect on the London O’Clock study trip?
– Participation in the London Tech Week conference (which takes place this year from June 10 to June 14), the heart of the European technology scene, with the possibility of networking with experts, investors and other startups from the global startup community;
– Networking with the mentoring pool of STP Belgrade for whom London is the business base – from founders, representatives of the VC industry to experts in the business development segment;
– Mapping the specifics and potential of the UK market through professional support in preparation, and insight into business opportunities and compliance with the legal aspects of this fast-growing market;
– The possibility to approach potential partners, customers and investors at the international level.
The study startup trip will be organized in June 2024, during the London Tech Week conference. Travel expenses and registration fees for the conference will be covered for the selected startups.
The Science Technology Park Belgrade organizes this trip as part of the project “Technopark Serbia 2 – Boosting Export through Technoparks”, with the support of the Government of Switzerland.
Who can apply?
- Startups that are developing an innovative product (digital product/software, electronic product/hardware or physical product) with a scalable business model and ambition to expand globally
- in which the majority ownership is Serbian, and where at least 70% of the company is owned by the founders (natural persons)
- which have up to 50 employees (micro or small companies)
- if less than 10 years have passed since the registration of the limited liability company
- if the startup generates income from the sale of innovative products presented in the application
- if the startup has raised at least 30,000 euros through external funding (grant, BA or VC).
Criteria and selection process
The evaluation and selection of startups will be based on the following criteria:
- Experience and expertise of the team
- Market position, business model (scalability potential)
- Previous results and plans (traction, investment readiness, etc.)
- Pitch quality
- Significance of the London O’Clock study trip for further development of the startup
How do startups apply?
Startups that meet the criteria can apply by filling out the application form. The application is in English and consists of a short application form and a pitch deck of the startup – up to 15 slides per defined category (a link to the pitch should be added to the application form).
The application link can be found HERE, and the deadline for applications is April 8.
The selected startups are obliged and expected to:
- commit to the development of an innovation
- comply with the conditions of participation in the study trip, with mandatory attendance at the activities planned before and during the London O’Clock trip
- have a proactive approach
- promote the received support
- become full or virtual members of STP Belgrade, based on the decision of STP, in accordance with available capacities and application conditions.