Bucharest, April 9, 2020 - BCR InnovX, the technology acceleration program announces the companies which entered the incubation program dedicated to the Start-up group, with turnovers between EUR 100,000 and EUR 1,000,000, in Bucharest. The jury selected 13 start-ups from Cluj, Iași and Bucharest which will start the incubation program in between March 30 and April 10. The best start-ups will subsequently enter the acceleration phase.

The 13 companies which entered the program are:

  • Energymall: is developing a digital channel for consumers, for the sale of electricity and gas contracts
  • NUTRIACRE.LIFE: is developing the first free prevention application by means of a digital platform for nutritional analysis
  • Space Hub: deals with the assembly of nanosatellites and sending them on the Earth's orbit
  • Finqware: develops technological infrastructure and products meant to support Open Banking
  • Ingenious: develops solutions for complex servers, especially government projects
  • Cyscale: is building a design platform for cloud domains
  • Life as a gift: a mapping application of preferences and events for the loved ones
  • Maaster: the implementation of a model of urban transport routes planning in order to reduce traffic and pollution
  • MEETAIBA: end-to-end automation for IT business analysis by means of 7 modules
  • Enersec: an innovative collaborative platform using ML and blockchain for IoT systems protection
  • ORAROO: a cloud platform by means of which SMEs can digitalize their personnel processes
  • Mount Devel: services for employee safety in biotech and pharma companies using AI and facial recognition
  • Vendax: a HR platform which automates the companies' recruitment process

"In the current context, more than ever before, it is important to support technology entrepreneurs, as they are the people who can provide innovative solutions both for the current moment, and especially for the post COVID-19 world. BCR InnovX program continues its actions to support technology start-ups and it even expands, allocating additional resources for the companies which offers solutions for Covid-19", says Ionut Stanimir, BCR Marketing Manager

In the context of Covid-19 pandemic, BCR InnovX allocated 10 additional places in the incubation program in Bucharest for start-ups offering innovative technological solutions dealing with the current health business and social activities challenges. The initial registration deadline, March 29 was extended so that start-ups can register until April 30 for the program dedicated to solutions for Covid-19.

"BCR-InnovX comes with solutions for technology companies, offering a tested and well-developed methodology for business development, both before and after launching. Also, the companies benefit from international exposure, by establishing global goals even from the planning phase, as well as solutions for access to technical and technological resources offered by the partners in the program as well as key-innovative information", says Daniel Dumitrescu, CEO InnovX.

The members of the selection committee for the Start-ups group was composed of: Nicu Iancu (security expert), Bogdan Stefan (Innovationa and Technology Expert, Asseco SEE Romania), Daniel Ilie (Former Special Forces Commander, Mircea Moraru (Senior Associate CMS), Bogdan Hristescu (Euronet Reginal Manager), Silviu Florea (fintech solutions developer), Adela Ioniță (Business Owner Tu în Centru), Daniel Dumitrescu (CEO InnovX), Ana-Maria Crețu (BCR Start-up Programs Manager), Petr Jirat (BCR Retail Risk Manager), Ciprian Păltineanu (CEE investor) and Diana Dumitrescu (InnovX Manager).

The two-week incubation program of BCR InnovX includes:1. Leadership workshop;2. Investments workshops; 3. Branding workshop;4. Drafting a business plan;5. Mentorship program offered by InnovX Alumni and BCR management team.

The accelerator is a project carried out in a partnership with UiPath, Microsoft, Startup Grind in partnership with Google for Startups, Mindspace and European Center for Services Investments and Financing (ECSIF). BCR covers the costs for all the scholarships granted to entrepreneurs participating in this project, courses and logistical costs.

More details about BCR-InnovX Accelerator: http://www.bcr.ro/accelerator

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Banca Comercială Română (BCR), a member of Erste Group, is one of the most important financial groups in Romania, including universal bank operations (retail, corporate & investment banking, treasury and capital markets) as well as leasing, private pensions and housing bank companies.

BCR provides a wide range of financial products and services, through a network of 19 business centers and 17 mobile offices dedicated to companies, as well as by a network of 430 retail branches, located in most localities in the country having more than 10,000 integrated BCR is the no. 1 bank in Romania on the banking transactions market, BCR customers benefiting from the largest ATM and MFM network almost 2,000 pieces of equipment, 14,500 POSs and full banking services provided by means of Internet banking, Mobile banking, Phone-banking and E-commerce.

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Cătălin Ioniță, e-mail:catalin.ionita@bcr.ro phone no: 0740.247.336

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