SERBIA’S FIRST ENTERPRISE ACCELERATOR: KATAPULT


01.03.2022

         

The Кatapult program of the Innovation Fund, the first true acceleration program in Serbia combining intensive, three-month mentoring with co-investment, has selected 19 innovative startup companies for the first cohort.

From late March through late June, these companies, selected in a highly competitive process, will have the opportunity to improve their businesses and acquire new skills for attracting private investments. Katapult companies will benefit from intensive work with mentors and financial support in the form of grants of EUR 20,000 (for ideation-stage companies) to EUR 50,000 (for scale-up companies).

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. 

Over 30 experienced international and local mentors will work closely with startup teams, tailoring support to the unique needs of each participating company. Katapult will assist participants in identifying potential investment partners through networking and training. Our startups remain a part of the Katapult’s community even after the acceleration program is concluded.

Thanks to the strong partnership of the Government of the Republic of Serbia, the World Bank and the European Union, through joint investments, Serbian innovative entrepreneurs have been provided support for the development of innovations. The new Katapult acceleration program will further boost our startup community's ability to position itself on the global market, contributing to growth and competitiveness of the Serbian economy. 

The selection committee chose the highest-quality teams from among 148 innovative growth-oriented enterprises who applied to Katapult. The chosen companies are from Belgrade and Novi Sad, and most work with information and communication technologies.  

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 program is part of the "Serbia Accelerating Innovation and Growth Entrepreneurship Project," dedicated to strengthening innovative entrepreneurship and scientific research.

 

Startups selected to participate in the Katapult Acceleration Program

 

Startup: AMG ChemTech Solutions

Town: Belgrade

Industry: New industrial design and processes

Acceleration stream: Ideation

AMG ChemTech is a start-up company focused on finding innovative solutions for solving problems in industrial processes and developing novel technological processes based on the application of microwave and hydrodynamic cavitation.

 

Startup: EasyPass

Town: Belgrade

Industry: Education and e-Training

Acceleration stream: Ideation

EasyPass is a modern educational platform which enables students to find tutors in any subject and book private lessons in just a few clicks.

 

Startup: Stock Studio

Town: Belgrade

Industry: ICT solutions for creative audio-visual production

Acceleration stream: Ideation

Sock Studio is developing a Hive5 - an all-in-one SaaS solution witch provides professional photographers the benefit of a digital asset management system for the price of cloud storage.

 

Startup: Mily Technologies

Town: Belgrade

Industry: Big data and analytics

Acceleration stream: Ideation

Mily Technologies provides software products and services for the optimization of last-mile delivery processes. Its delivery analytics platform helps parcel delivery companies discover inefficiencies, analyze performance and make better decisions.

 

Startup: NeuroBlast

Town: Belgrade

Industry: Industry 4.0 - Cyber-physical systems

Acceleration stream: Ideation

NeuroBlast is a new multi-sensor post-rehabilitation device for individual continuous use in the treatment of neurodegenerative diseases.

 

Startup: Ninox

Town: Belgrade

Industry: New solutions for improving quality of living

Acceleration stream: Scale-Up

Ninox aims to create the next step in the evolution of ophthalmic care by developing autofocusing glasses for people with presbyopia.

 

Startup: Smartivize

Town: Novi Sad

Industry: ICT

Acceleration stream: Scale-Up

Smartivize makes predictive shopper insights accessible to companies of all sizes and budgets.

 

Startup: WarEden

Town: Belgrade

Industry: Blockchain

Acceleration stream: Ideation

WarEden is merging traditional gaming with blockchain technology and NFT/crypto-financial ecosystem and thus creates an independent gaming economy where players can earn money while playing the game for fun.

 

Startup: Abstract

Town: Belgrade

Industry: Cyber Security

Acceleration stream: Scale-Up

Startup Abstract is developing Seif, an AI-backed, B2B cybersecurity platform that reduces cyber risk to near-zero by providing continuous assessment across all assets, be they human, hardware, a digital, or third party.

 

Startup: Alt Labs

Town: Belgrade

Industry: Blockchain

Acceleration stream: Scale-Up

Alt Labs is building tools to help data center operators contribute to web3 networks.

 

Startup: B2BEE

Town: Belgrade

Industry: ICT

Acceleration stream: Scale-Up

B2Bee has developed a powerful platform for collecting and processing data related to the sale of goods.

 

Startup: Blinking

Town: Belgrade

Industry: ICT

Acceleration stream: Scale-Up

Blinking enables regulated companies to operate fully online by identifying, verifying and onboarding their clients remotely.

 

Startup: Joberty Technologies

Town: Belgrade

Industry: 

Acceleration stream: Scale-Up

Joberty is a workplace community for developers. Developers can review companies, discuss the community and find tech jobs.

 

Startup: Kredium

Town: Belgrade

Industry: FinTech

Acceleration stream: Scale-Up

Kredium is an international mortgage and property platform which serves as a one-stop shop for all foreign nationals, overseas, cross-border, and expat mortgages, as well as local mortgage & property brokerage services in selected markets.

 

Startup: LeadDelta

Town: Belgrade

Industry: ICT

Acceleration stream: Ideation

LeadDelta is your Social Capital Manager, built for digital professionals and entrepreneurs.

 

Startup: Auto Parts Online

Town: Belgrade

Industry: E-commerce

Acceleration stream: Scale-Up

Auto Parts Online is a one-stop online shop for customers looking to buy new replacement parts for their vehicle with just a few easy clicks.

 

Startup: A Productions

Town: Belgrade

Industry: Machine Learning

Acceleration stream: Ideation

A Productions is a Natural Language Processing (NLP) AI and ML technology company that helps companies improve efficiency and solve problems by providing superior NLP solutions.

 

Startup: Tapni

Town: Novi Sad

Industry: Digitalization of processes

Acceleration stream: Scale-Up

Tapni is the next-generation business card powered by NFC technology, that allows individuals to share their social media and contact information in a modern, contactless and sustainable way.

 

Startup: UrbiGo

Town: Belgade

Industry: Internet of Things

Acceleration stream: Scale-Up

UrbiGo creates urban gardening for the next 100M smart home users, with the network of IoT-enabled planters and advanced algorithms that grow your favorite plants.