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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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Take the SurveyEU 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
Strengthening start-ups and new ideas together!
Today EU for Innovation had the honor to receive three distinguished guests at the premises of Coolab, the coolest co-working space in town! EU Ambassador Luigi Soreca, German Ambassador Peter Zingraf and Swedish Ambassador Elsa Håstad, got to experience a live pitching session by five of the most promising Albanian start-ups and one innovation support […]
‘Teach the teacher’ Programme – Winners of the Pitching Competition
‘Teach the teacher’ Programme for Entrepreneurship Education at Albanian Universities, was finalized with a Pitching Competition. Over 30 university lecturers enrolled in the programme. 21 participants from 15 different universities went through the experiential learning experience and collaborated, divided in 6 teams, to develop and pitch a business cases in front of a jury. A […]
Challenge Fund 4th Call
We are happy to announce that the Challenge Fund will continue to support innovative and promising ideas in Albania for the fourth time. If your business is an early stage or scale up startup that operates in the sector of agriculture, digital solutions or innovative solutions related to Covid-19, then you should not hesitate to […]
Call for Applications: 3rd Cohort of the Matchmaking and Exposure Programme
This is a call for applications for start-ups for the 3rd and last Cohort of the Matchmaking and Exposure programme. The call is aimed at start-ups/ ventures with a focus on: • Green & Circular economies • Fintech • Health • Social and educational innovation The competition is open to start-ups that have been active […]
Replace fear of the unknown with curiosity.
Creativity is thinking up new things. Innovation is doing new things.
