Vestbee, online platform that connects global business angels, VC funds and corporates with startups and scaleups from Central & Eastern Europe together with CEE Business Angels Network have just launched the first online regional competition, CEE Startup Challenge. Entrepreneurs can apply through Vestbee at www.ceestartupchallenge.com before May 21st.
“Global and regional startup ecosystems have been exploding. It’s impossible to catch up with all events and contests so we have decided to take the Challenge to the e-level. This way everybody saves time and money and gets exposure to great opportunities and contacts without even leaving the office” underlines Ewa Chronowska, CEE Business Angels Network President and Vestbee Founder.
Rapidly developing startup scene in Central & Eastern Europe leads to a large supply of innovative ideas that attracts many global investors. More and more regional companies shape their development strategy focusing on international expansion from the very beginning. And that requires relevant expertise, contacts and funding. “Having in one place a wide global network of investors and partners interested in CEE, we can support entrepreneurs in getting necessary exposure, acquiring cross-border contacts and getting funding in a very efficient way” adds Ewa Chronowska.
The current edition of CEE Startup Challenge will recognize the most promising regional companies from Industry 4.0, Energy & Cleantech, Smart Cities & Home, Life Science, Fintech, Big Data & Analytics, Business & ICT and Lifestyle. Winners will get wide exposure to global investors, corporates and media partners, business development support from high-level mentors (among others from Silicon Valley) and free tickets to leading regional events. The winning team will also receive a prize package worth €50,000. The full list of benefits will be announced soon via social media and event website.
Vestbee is the first all-in-one platform in Central & Eastern Europe that matches CEE startups with global business angels, accelerators, VC funds and corporates. Additionally the platform provides startups with tools to automate and manage fundraising while offering investors and event organizers the tools for dealflow management.
About CEE Business Angels Network
CEE Business Angels Network is an international group of individual investors that support startups from Central & Eastern Europe with expertise, resources and funds. The members of CEE Business Angels Network invest up to 1M EUR in high growth potential projects that already have at least proof of concept or minimum viable product ready for a market launch. CEEBAN has multi-sector focus including Fintech, ICT & IT, Big Data & Analytics, Industry 4.0, Life Science and Energy & Cleantech.