Where does it say about the Technology Incubation Project…

Initially, the Ministry of Industry and Trade (MIT) planned to send roughly CZK 1.3 billion to startup funds, but now it has been increased to CZK 3.3 billion. According to last year’s plan, the money is to be directed, for example, to companies in the field of artificial intelligence that were founded at Czech universities, but also to other promising startups in the early stages of development. The money comes from the National Recovery Plan, with the European Investment Fund (EIF) selecting the specific administrator.

For the fourth year, the competition has been promoting and raising the profile of sustainable business in the Czech Republic. This year, the competition was supplemented by a student award in the category of start-ups. The best companies can look forward to an increase in prizes for the top three places this year. Entry to the competition runs from 5. February to 5. April.

Mamio is a modern app for mothers. It acts as a platform for sharing experiences, finding products and services or getting to know each other online. The app has been running since 2022 and has been through two startup incubators in that time. This year, Czech Founders VC and PurposeTech invested CZK 7.5 million in a pre-seed round. Currently, Mamio has 15,000 users and is free to download. In the future, it wants to make money by personalizing ads, among other things.

The state agency is closest to the innovative part of the economy and directs more than a billion crowns to it. It currently offers CZK 215 million for “foreign acceleration”, i.e. support for the expansion of start-ups to foreign markets. And the programme called Technology Incubation has a total of 850 million, making it the largest programme in the history of CzechInvest.

In today’s hectic times, when cities are growing and traffic jams are the order of the day, finding efficient ways of transport and parking is a key issue for businesses and cities. The challenge is not only to improve the availability of parking spaces, but also to achieve sustainability in transport, as the number of cars on the road is increasing every year more than the space for parking. This is where the Czech startup Yedem comes into play, which reduces the number of cars on the road with its app system designed for businesses and, thanks to its innovative solution, also distributes parking spaces in companies fairly to employees.

Creative startups can still submit applications to the national round of the Creative Business Cup competition, which is being organised by the CzechInvest agency for the seventh time. The gala evening, when the top 10 startups will compete against each other, will be hosted by Liberec this March. The winner will defend the national colours at the global finals in Copenhagen.

Creative HUB is one of the incubations offered to innovative startups by the CzechInvest Agency for Innovation and Entrepreneurship. What does innovation in the creative industries look like? What are the trends and how do the Czechs stand in this area? We asked the director of Creative HUB Markéta Mentelová.

The interest in the Technology Incubation Programme continues unabated. 169 applications were submitted for the third call. The programme focusing on projects for the preservation and protection of life was the most popular. A total of CZK 124 million is available in this call to help develop highly innovative startups in the Czech Republic.

The CzechInvest Agency has closed the call for applications for the third call for the Technology Incubation project. A total of 169 were submitted.

At the end of November, the Technology Incubation project of the CzechInvest Agency in cooperation with ČSOB organized the first Demo Day. The aim of the evening was to present both the activities of the Mobility Innovation Hub and the entire Technology Incubation project, including the supported startups in the first call.

Ondřej Kolařík, director and founder of the startup ARBO Technologies s.r.o., has dedicated his entrepreneurial career to the development of a tool to facilitate and refine the output data needed for the work of arborists. Using its own software, Adbian performs analyses by testing 3D models obtained from input data in the form of quantitative features, photographs or scans. The aim is to detect not only trees dangerous for the surroundings, but also trees that are only seemingly at risk and thus prevent their unnecessary felling. Data show that strong mature trees are more beneficial than small, newly planted trees. And if we can keep the mature trees for a while longer, let’s take advantage of it.

The CzechInvest Agency launches another call for this year’s Technology Incubation project. Applications for the third call for proposals will be accepted 17 November and will run until 18 December 2023. The estimated amount of the allocation is set at CZK 124 million.