Accelerator UKIM was established, more opportunities for investors

Business Accelerator UKIM has been established in order to identify and support the growth and competitiveness of the most promising technological entrepreneurs, startups, spin-offs, and their access to the global market. Accelerator UKIM was founded by the University of “St. Cyril and Methodius “- Skopje as a leading partner; Development Foundation Crimson Skopje; Center for Development of Entrepreneurs and Managers – CEED Hub Skopje; Foundation “Prof. Dr. Dimitar Stamboliev “; as well as RSM, and co-financed by the National Fund for Innovation and Technological Development. Support includes customized pre-acceleration and acceleration programs, early-stage investments, and access to international markets, networks, and communities.

That motivation encourages entrepreneurs to be part of the team of innovators and to create technologically advanced business solutions for the global market.

BAU is the first of its kind in the country, which combines the expertise of the largest and most technologically advanced university in Macedonia, an investment fund, financial advisory organizations, and business support institutions.

The best business ideas will have access to investments in the startups in the form of capital and/or debt instruments, or a combination of them. Funding conditions will be tailored to suit the opportunities, the sector, and the market, in the amount of:

The initial investment: up to € 25,000 used for product design and development and/or early revenue generation, subsequent investments in the amount of 25,000 to 75,000 euros for increasing the business, winning a new market, and/or revenue growth, explains Mr. Stamboliev, CEO.