It will be organised as a five-month intensive accelerator in Bucharest, Romania, in which startups work with the SWG team, EBRD staff and fintech experts. The Fintech 5 program is supported by TaiwanBusiness – EBRD Technical Cooperation Fund.
Up to 10 selected startups will then receive up to EUR 90,000 investment with a potential follow-on investment.
Fintech startups from across Central and Eastern Europe are invited to apply for this international accelerator program, the fifth organised by SWG and the second collaboration with the EBRD.
Fintech 5 will feature on-site training and advice on company building and sales in Bucharest, home to many active startups, venture capital investors and incubator and accelerator programs.
This will allow startups from across the Baltics and Central and Eastern Europe to benefit from the city’s critical mass of existing startups and investors.
It is a full-time program, with selected startups participating in a mix of online and in-person modules, product sprints and one-to-one mentoring sessions. The program starts on June 27 and runs until November 2022.