Impact Hub starts new business accelerator – EUR 50,000 for 5 startups each

After three years of operations, Impact Hub Belgrade, in cooperation with Startup Wise Guys, is launching an accelerator for startups from Serbia. The accelerator is financed by Impact Hub Belgrade and a group of business angels from the IHB network, and, as they say, up to 5 startups will be selected and receive an investment of EUR 50,000 each. Of this amount, EUR 20,000 will be investments from the Angel Hub deal, whereas EUR 30,000 will be investments in services through a 6-month acceleration program. The investment is received in compensation for a 7% ownership share.

The main goal of the accelerator is for startups to develop their business, expand to foreign markets and prepare for the second investment round in 6 months.

Applications may be sent by March 20, and more information can be found HERE.