3 billion for start-ups

Start In Poland program
16
Gru

3 billion for start-ups

Polish government will assign almost PLN 3 billion in its Start In Poland program. The aim is to support the development of start-up companies by sharing the infrastructure, experience and resources of large corporations.

“We believe in the synergy of science and the economy and in support for innovation, therefore the ministries of development and science have both been involved in the initiative,” said Development Minister Mateusz Morawiecki in June 2016.

First step is acceleration program – Scale Up, dedicated to micro- or small entrepreneurs, lasting from 3 to 6 months, developed in cooperation with large companies and aimed at preparing a product or service for commercialization. 10 companies specializing in startups acceleration, together with large enterprises, research units and seed or venture capital funds will begin a pilotage program for at least 20 startups each. For this purpose they were granted PLN 60 mln.

At least three accelerators support start-ups from the life science sector.