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CORDIS · VENTURES THRIVE

Deeptech startup support programme to facilitate ventures thriving in the European Widening area

Code
VENTURES THRIVE
Programme
HORIZON
Call
Enhancing synergies between the EIC and Startup Europe HORIZON-EIC-2021-STARTUPEU-01-01
Status
CLOSED
Period
2022-11-01 – 2024-10-31
Total cost (whole consortium)2 000 000 €
EU contribution (whole consortium)2 000 000 €
EU contribution to Bulgarian participants110 000 €

Official data · CORDIS · synced 2026-10-18 03:29 · official record

Participants

OrganisationsRoleCountryGrant
ACCELER8 LIMITEDcoordinatorMT1 766 250 €
BRIDGE-EAST CAPITAL SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIAparticipantPL123 750 €
ANTHOLOGY VENTURES JSCparticipantBG110 000 €

Description

European startups face barriers when scaling due to the cultural, legal and economic fragmentation of the market. While the EU demonstrates high performance in “the lab”, this does not translate proportionally into thriving commercial ventures. For deeptech startups, the key challenge is the lengthy time needed to reach a maturity level adequate for adoption, making investing risky. In the case of Widening Countries, commercialization of deeptech is even more challenging.The EC has made a substantial effort to support deeptech with initiatives aiming to invest in and connect entrepreneurs at a pan-European scale (EIC Accelerator and the Startup Europe initiative). VENTURES THRIVE inherits the spirit of these initiatives, concretely building on three waves of Startup Europe with a novel approach targeted at deeptech startups in Widening Area countries. This unique open innovation startup programme will provide up to €100K (cash and vouchers) each to a total of 32 startups. Along with equity-free funding, the core programme offers value-add services aimed at: fostering access to markets via corporate challenges, improved investment readiness, and greater visibility, investment and networking opportunities. The project consortium and external associates comprise venture builders, event organisers, VC & Angel Investors, corporates and expert mentors. Overall, the startups are expected to unlock +€18M via investment, grants and corporate procurement.The secret ingredient is the consortium and their extensive networks. ACCELER8 (Malta) is a venture builder commercialising top-level scientific innovations. ANTHOLOGY VENTURES (Bulgaria) is a venture studio, incubating early-stage teams and business angels. WOLVES SUMMIT (Poland), the major event for startups in the CEE region, offers the perfect connection with investors, corporates and the tech community. Notably, they have already facilitated over 37,000 meetings between startups and investors from +60 countries.

Official data · CORDIS · synced 2026-10-18 03:29 · official record · Licence: © European Union, CC BY 4.0 (Commission reuse policy).