Key information to help you understand how the program works and what to expect.
Vest Ventures provides equity-based capital to high-growth, early-stage startups, ranging from Pre-seed to Seed.
Relevant areas include Agriculture, the food industry, manufacturing, automotive, energy efficiency, sustainable construction, Information and Communications Technology (ICT), health, tourism, cultural and creative industries, quality of life, and other subdomains such as smart mobility, healthtech, agrotech, and AI.
Our programs are meant for B2B startups. To be eligible for the full-time acceleration program, you need to have: at least a working Minimum Viable Product (MVP); at least 2 co-founders/team members full time; and initial customer traction, MRR, or revenue. Also, note that B2C is not excluded.
_ Create an account on the platform
_ Log in and start the Vest Ventures application.
_ Complete the six steps covering the team, product or service, market, business model, and fundraising plans, then fill in the startup compliance section, and then apply for review.
To complete your application, you will be asked to provide the following documents: startup logo, pitch deck, financial model, data room link, and any additional documents.
Estimated completion time, if all documents are ready: approximately 1 hour.
We employ a rigorous selection process structured around six steps: lead screening, internal screening, expert calls, in-depth discussions with all GPs, IC review, compliance checks and due diligence, and the final decision. The same process is applied to both the Acceleration and Seed stages.
The selection process may take between 2 and 4 weeks, with the note that additional steps may be added if needed.
If there is a positive decision from the investment committee, the startup will receive the offer with the terms. The offer will be tailored for each team according to the stage it applied for, with average tickets 100.000 euros for the accelerator stage and up to 500.000 euros for seed stage startups.
Investments typically begin at the acceleration stage, with funding timing decided on a case-by-case basis. The seed investment stage will follow a similar evaluation process; however, selected teams do not proceed through the accelerator.
Additional time may be needed for the terms assessment by the startups, and once accepted, the investment ticket will be wired according to the agreed timeline with that specific team.
This is a hybrid accelerator program, with 80% of the activities taking place online and 20% in person in Timișoara, Romania. Participation requires a full-time commitment from one team member.
