As part of a series of positive developments for Bubo.AI in 2020, we are delighted to be accepted onto the Vienna Startup Package 2020.
The Vienna Startup Package is awarded to 20 ambitious startups from all around the world who are motivated to scale to the German-speaking market (DACH region) and want to benefit from the Austrian startup ecosystem.
It is an intense four-weeks program that helps startups to understand market dynamics in Austria, identify new business opportunities, and to approach relevant stakeholders. Ordinarily this is an in-person program, it’s now gone digital, due to the ongoing impact of Covid-19, with the four weeks starting on 2 November 2020, and running until 27 November 2020.
A City of Vienna department, the Vienna Business Agency, runs the program, which is designed to attract foreign direct investment, ambitious startup companies to Austria, and support businesses wanting to enter German-speaking markets.
Benefits of the Vienna Startup Package 2020
Due to the ongoing second wave of Covid-19 across Europe and worldwide, many programs and in-person events have gone online. The same has happened with this, which is why there it doesn’t include four weeks accommodation or space in a co-working space. Instead, the coaching and other sessions are being run online.
Companies were selected by Pioneers, part of Startup300, acting for the Vienna Business Agency to assess startups, how viable they are, traction, and why being in the program would be useful. The format is a series of lectures, one-on-one counseling and mentoring.
Mentoring, counseling and practical advice is being provided by the Austrian Chamber of Commerce, the Ministry for Digitalization and Economics, and the AWS/Austrian Wirtschaftsservice – (Austrian Economic Service). Plus, there’s going to be invaluable mentoring sessions from Markus Kainz, founder of PrimeCROWD, a leading VC in the DACH region. Markus Kainz has spent the last 15 years building, investing in and mentoring startup founders. His most successful so far was Courseticket, a leading platform for learning and development, and he is now an angel investor.
Between government support and mentoring, AWS Connect, and a leading VC, this is an invaluable program for gaining real insight into operating in Austria and the wider DACH region. We are pleased to say that we are already winning new clients in this region, and this program will only help accelerate what we are doing in Austria, Germany and across Europe.
“As Country Manager for the DACH region, I am particularly proud and pleased that Bubo.AI has been hand-picked among numerous applicants to participate in this prestigious program,” Carmen Bischof, Country Manager DACH region said about the Vienna Startup Package.
“Getting practical, in-market advice and mentoring by the Austrian Chamber of Commerce, the Ministry for Digitalization and Economics, as well as valuable mentoring by a leading VC, is very helpful in ramping up our presence in Central Europe.”
Bubo.AI: Find out more about our cutting-edge award-winning AI solutions, that will help companies generate more revenue and higher profits, thanks to our customer value-based pricing products and services.
About the Vienna Startup Package
The Vienna Startup Package, run by the Vienna Business Agency, is awarded to 20 ambitious startups from all around the world who are motivated to scale to the German-speaking market and want to benefit from the Austrian startup ecosystem.
The intense four-weeks program helps startups to understand market dynamics in Austria, identify new business opportunities and to approach relevant stakeholders.
Bubo.AI was selected by Pioneers, part of Startup300, which is a platform giving startups access to capital, spaces, network, know-how and access to corporates in every stage. The ultimate goal of startup300 is to foster growth velocity and success rate of founders and startups.