CEED Tech
CEED Tech is a consortium of five startup accelerators located in Central and Eastern Europe, specifically in Prague, Budapest, Bratislava, Tallinn, and Vilnius. Founded in 2011, CEED Tech focuses on fostering technology companies by providing tailored acceleration programs that last between three to six months. Over the years, it has successfully launched 94 technology startups, helping them secure over €5 million in seed and venture capital. Each selected startup receives initial seed financing of up to €30,000, with the potential for follow-up funding ranging from €30,000 to €250,000 based on their business viability and market potential. CEED Tech's programs are designed around the specific needs of participants, employing best practices from leading global accelerators. The project is co-funded by the European Commission and supported by private investors, who acquire 5% to 15% equity stakes in exchange for their investments.
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