EU for Innovation believes in the power of innovation

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challenge fund

The Challenge Fund is a competitive financing facility which will be used as a means of addressing the issue of access to finance for innovative companies at an early stage of development, as well as for organisations engaged in services to innovative start-ups and promotion of the Albanian innovation system.

The fund builds on the idea that both start-ups and innovation service providers receive capacity building through various forms of technical assistance from GIZ and grants through Swedish Embassy in Tirana.

The Challenge Fund would provide funding to the most promising companies to carry them through the ‘valley of death’ and scale up their innovative businesses.

The Challenge Fund is a competitive financing facility which will be used as a means of addressing the issue of access to finance for Albanian start-ups and innovation support organizations.

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EU for Innovation aims to strengthen the innovation ecosystem and to boost start-up creation in Albania.

The project will focus in developing three distinct result areas:

• Strengthening the capacity for innovation

• Building linkages within the Albanian innovation ecosystem and internationally

• Funding innovative startups and innovation support providers

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“How can the Diaspora contribute to the Start-up & ICT ecosystem in Albania?” panel
September, 2022

“How can the Diaspora contribute to the Start-up & ICT ecosystem in Albania?” panel

In framework of Tirana Digital Nomad Festival, a very motivating and thought-provoking panel addressing the topic of “How can the Diaspora contribute to the Start-up & ICT ecosystem in Albania?” took place on Wednesday, September 14th at Someetings. The panel moderated by Anila Hyka Smorgrav – Engagement Director, at Orange France, and composed by well-established […]

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GroWING Hackathon Winners
September, 2022

GroWING Hackathon Winners

GroWING Hackathon, powered by EU for Innovation and organized by Yunus Social Business Balkans was a great success yesterday! After two days of problem solving, 12 teams of aspiring entrepreneurs pitched their solutions in front of the jury of Challenge Owners, coming from Lufthansa Industry Solutions, Raiffeisen Bank, and duapune.com. Money prizes as well as […]

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GIZ Albania support for Tirana Digital Nomad Festival through “Global Programme Migration & Diaspora”
September, 2022

GIZ Albania support for Tirana Digital Nomad Festival through “Global Programme Migration & Diaspora”

GIZ Albania is supporting the 1st Tirana Digital Nomad Festival, through the engagement of its programmes ProSeed 2.0, EU for Innovation and “Global Programme Migration & Diaspora”. During three days the city of Tirana will host a series of talks, workshops and activities, that will gather international and local professionals, entrepreneurs, and innovators in the […]

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TechChill Milano Stage agenda is live!
September, 2022

TechChill Milano Stage agenda is live!

TechChill Milano, the first truly international tech & start-up event in Milan is right around the corner!  The conference will take place on September 27-29 and will offer an amazing lineup! You can check the agenda here: https://events.pinetool.ai/2782/#sessions Join event to network and hear speakers from Revolut, Reface, D-orbit, GoStudent, Deel, Swappie, and more! What […]

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