The Innovation Fund invites innovative companies in the early stages of product development, as well as companies with proven market traction, to apply for participation in the acceleration program and to become members of the Katapult community.
The public call for the Serbia Innovation Fund’s Acceleration Program is open
FINANCIAL AND MENTORING SUPPORT
Katapult provides an intensive three-month mentoring program and financial support in the form of grants from EUR 20,000 (for the Ideation category of companies) to EUR 50,000 (for the Scale-up category of companies).
Companies participating in this program will be able to work with more than 30 experienced international and local mentors to enhance their business and learn new skills in order to attract private investment.
In addition, grants of up to EUR 300,000 in total will be available to Awardees who secure a qualifying equity investment within nine months after the conclusion of the acceleration program.
APPLICATION DEADLINE – OCTOBER 17, 2022
Applications from companies in all fields of science and technology, as well as the industrial sector, are submitted through the Katapult portal by October 17, 2022 at 3:00 p.m.
FINANCIAL SCHEME
Financing for Katapult is provided by the Republic of Serbia (Ministry of Education, Science and Technological Development), through a 7.7 million euro World Bank loan with implementation support, and the European Union, through a 10 million euro grant.
The Katapult program additionally increases our startup community to position on the global market and allows the Serbian economy to expand and become more competitive.
LET US REMIND
Katapult launched in 2021, when the first cohort of 19 innovative companies were selected for support. Following a three-month acceleration program, the companies are in the process of fund raising and negotiations with investors.