The eleventh week of Huge Thing acceleration program has just begun. Nine startups from Central Eastern Europe are developing their projects in Warsaw, under eyes of experienced mentors and employees of Alior Bank, the youngest and most innovative bank in Poland nowadays.
Among the ideas taking part in the program, there is a team working on a tool not only recording teleconferences but also finding key words and highlighting threads, able to summarize discussed output. Struggling with feeling your power over protection of personal data? One of the startups has a solution to that. Keep forgetting to pay your bills? You will be able to do it with just one click on a platform developed by another start-up. One may find interesting a system which automates trade in digital resources.
A full list of start-ups participating in the program available here.
So far, startups participated in group workshops about business models, marketing, sales, building websites, team management, pitching their ideas and financial planning. Now they mainly focus on individual mentoring, tailored to their specific needs. They also had a chance to present themselves in front of investors during Speed Dating session.
Huge Thing planned two trips for its participants – they will be traveling to London and Berlin to have a close-up look at European startup scene. It gives them an opportunity to meet foreign teams, investors, and potential partners – everything they might need to enter external markets and develop their product globally.
This is the first time Huge Thing is sending teams abroad. One edition after another, Huge Thing constantly improves the program by giving startups a chance to take from it as much as they need. “External roll-out of a product isn’t only about a translation of an app and investing in marketing. The crucial part is understanding the work culture and needs of potential foreign customers. London and Berlin are ones of the most important spots on European start-up map. These places offer a lot to tech start-ups. To make teams realize that, we’ve decided to offer them an opportunity to discover those places. Traveling can help a lot”, says Kasia Kołakowska, the Huge Thing program manager.
From August 7th, new teams can apply for another edition of Huge Thing acceleration program, again in partnership with Alior Bank. This time, Huge Things is looking for projects focused on digital marketing, artificial intelligence, robotic advisors, virtual and augmented reality, payments, social banking, the blockchain, insurance banking, and IoT.
Applications are open until September 17th, 2017. Startups will have another chance to gain 45 000 EUR to develop and speed up their ideas. More information about recruitment can be found here. The fifth edition will begin in December 2017, ending in March 2018.