PwC has announced the list of 11 most promising technology startups from Central and Eastern Europe, selected from nearly 200 applications to the third edition of the Startup Collider scale-up program. All the startups have finished, market-ready products and services, and they will now receive expert support in international expansion.
The aim of the PwC Startup Collider scaleup program is to support and promote innovative technological startups primarily from the CEE region and to help them develop in new markets. Participation in the program provides young inventors and entrepreneurs with the opportunity to establish direct cooperation with PwC’s experts and mentors as well as company’s clients in the region and beyond.
This is the third time that we have invited innovative startups to accelerate as part of our Startup Collider program. Thanks to our close cooperation with the Central European startup ecosystem, we know what sort of technological solutions various companies in particular countries are looking for. Participation in the PwC program is a chance for startups to achieve international success and to adapt their offer and business model to actual needs of corporations and large enterprises.
200 applications from 23 countries
Recruitment to the 3rd edition of the PwC Startup Collider program ended in the second half of December 2018. In order to apply, a startups needed to have a market-ready product or service from one of the following areas: FinTech, Risk Management, Internet of Things, Data Analytics, Artificial Intelligence, Customer Services, E-Commerce, Cybersecurity, Process Automation, Retail, Tax&Legal Transformation or Logistics.
This is however the first time that PwC Startup Collider addressed its offer to startups at a higher stage of development with solutions already verified by the market. Almost 200 startups from 23 European countries, especially the Central and Eastern European region, applied to the program. 92 applications from 20 countries passed the initial analysis, and 34 most prospective startups were shortlisted in early February. After thorough analyses, the company’s experts selected the final 11 participants.
There are some extremely intensive six months both ahead of us and the startups we selected. We will work with people with great technological knowledge, but also with market experience who came to us with very specific expectations. Our common task and goal is to create such an offer, such a business plan, such an operational model that the startup can become a reliable partner for PwC, our clients and partners.
This year from April to August, innovators and visionaries participating in this edition of the program will be meeting PwC experts and mentors as well as representatives of corporate business. Part of the meetings and mentoring sessions will be conducted remotely or in the form of video conferences, and the culmination of the scaling process is scheduled for September this year: a special Demo Day event before investors and potential clients from the CEE region.
Demo Day serves as an official summary of the Startup Collider program and it is delivered in the form of a pitch in front of representatives of the corporate world, funds, our clients and partners. At the same time, it is the beginning of a new stage in which PwC and startups-alumni become equal partners. This way, on the one hand, we continue to build business relationships, and on the other, we analyze market needs and challenges on an ongoing basis.
PwC Startup Collider is part of the Innovation@Poland program executed at PwC, which aims to create innovative consultancy services using new technologies.
List of startups selected for scaling in the 3rd edition of PwC Startup Collider:
Head of Communications, Poland, PwC Poland
Tel: +48 601 289 381
PR Manager, PwC Poland
Tel: tel: +48 519 504 245