Ukrainian innovative projects can receive financial support of up to €450,000 from the Belgian accelerator Seven Camp. This incubator is looking for startups in Ukraine aimed at the development of artificial intelligence (AI), cyber security (CyberSec), financial technologies (FinTech), Internet of Things (IoT), smart cities (Smart City), information technology (IT) and dual use (Dual -Use). The main goal of the program is to provide a financial link to Ukrainian startups for their further development and growth, according to the press release. The Seven Camp accelerator was created by the Belgian entrepreneur Jerome Leclanche together with Andrii Kolodiuk, the founder and managing partner of the AVentures Capital venture fund, and with the support of the Ukrainian Association of Venture and Private Capital (UVCA).
Accelerator Services and Opportunities
Seven Camp participants will have the opportunity to complete four weeks of online training and an eight-week offline phase in Brussels. The emphasis of the program will be on business development, finding customers and partners, attracting financing, marketing and product strategy, technological development and improvement of MVP projects. Access to this program is free for Ukrainian participants, as the accelerator works on the basis of success. In addition, Seven Camp offers the following opportunities:
- Access to Belgian and European grants with a focus on Dual-Use technologies.
- Access to research laboratories in Belgian universities.
- Use of prototyping laboratories and production facilities.
- Support of serial production and participation in procurement programs.
- Help in finding investments and building relationships with dual-use investors.
- Assistance in the temporary relocation of participants to Brussels during the program.
Applications can be submitted until March 15 by visiting the program's official website.
Glossary
- Seven Camp accelerator is a Belgian accelerator that provides financial support to Ukrainian startups in the field of AI, CyberSec, FinTech, IoT, Smart City, IT and Dual-Use.
- AI (Artificial Intelligence) - artificial intelligence, a field that studies the creation of an imitation of the mind.
- CyberSec (Cybersecurity) - cyber security, a branch that studies measures to protect computer systems and networks from cyber attacks.
- FinTech (Financial Technology) - financial technologies, an area combining financial services and innovative technologies.
- IoT (Internet of Things) - the Internet of Things, a network of physical objects that exchange data with each other without direct human involvement.
- Smart City is an urban environment in which information and communication technologies are used to improve the quality of life of residents.
- IT (Information Technology) - information technology, a branch related to the processing, transmission and storage of information.
- Dual-Use (Dual Use) - technologies that have both civilian and military applications.
- UVCA (Ukrainian Venture Capital and Private Equity Association) - Ukrainian Association of Venture Capital and Private Equity.
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The Belgian accelerator Seven Camp offers Ukrainian startups the opportunity to receive up to €450,000 in the field of AI, CyberSec, FinTech, IoT, Smart City, IT and Dual-Use.
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