Techcelerator and Google for Startups announce the launch of ”Advancing AI” acceleration program for local startups looking to build AI products and scale their businesses.
The program aims to boost the Romanian AI ecosystem by supporting AI entrepreneurs with access to the dedicated AI resources provided by Google.
Applications are open until October 15th, 2020. All applicants will be invited to an online session during which Google AI experts will talk about the industry, opportunities, and success stories.
The jury will select up to five teams
The selected teams which will enter the program will have to cumulatively meet the following criteria: have a strong technical team with a prototype or a Minimum Viable Product (MVP) making use of technologies like AI, ML, Deep Learning, Big Data, Advanced Analytics.
The startups should aim to have a feasible product, an internationally scalable solution, and a strong commitment to validate and expand fast in the targeted market.
For this specific program, Techcelerator maintains the same level of potential investments as in the case of the Fintech program rolled out in parallel: up to 200,000 euros from GapMinder VC and access to co-investment deals from SeedBlink crowdfunding platform, business angel communities, like Tech Angels, and other international investors, as the startups’ progress during the acceleration program.