Acceleration programs are another form of support for young, innovative companies. Its aim is the cooperation with large companies and companies that share infrastructure, technical facilities and knowledge – and are looking for new, revolutionary solutions and products. The pilot version of such support was the Scale Up competition. It contributed to the creation of 10 accelerators, support for 250 startups and to at least 190 implementations of new solutions in the value chains of large companies.

PARP has just announced a list of accelerators selected for the next edition of the initiative. As part of the program, startups will benefit from individual development paths – conducted by experienced experts – advisory and mentoring services with a value of up to PLN 50,000 as well as financial support up to PLN 200,000.

Startups, whose applications will be positively evaluated in the application process, will be able to choose an industry path from areas related to: Industrial IoT, AR, bioeconomy, FinTech, AI, Smart City, cybersecurity or space technologies. They will have an opportunity to cooperate with such companies as: Samsung Electronics Polska, PGE Nowa Energia, Grupa Azoty, Orange Polska, PKN Orlen, Grupa Maspex and many others. In total, the program includes over 70 representatives of corporations and State Treasury companies.

Acceleration programs are designed to directly gain experience from large players on the market, which provide also smart money – an element necessary to scale business and implement solutions.

Below a list of accelerators is presented along with allocated budget:

• Fundacja Przedsiębiorczości Technologicznej (MIT Enterprise Forum Poland Acceleration Program) – over PLN 17 million;
• FundingBox Akccelerator (IMPACT_Poland (2.0) – nearly PLN 16 million;
• Blue Dot Solutions (Space3ac Scale Up II) – over PLN 16 million;
• DGA S.A. (Accelerator of Industrial Innovations INDUSTRYLAB II) – over PLN 16 million;
• Accelpoint (Accelpoint ScaleUp) – nearly PLN 15 million;
• Polish Entrepreneurial Foundation – over PLN 14 million;
• HugeTECH (Accelerator IDEA Global) – over PLN 13 million;
• Krakowski Park Technologiczny (KPT ScaleUp) – nearly PLN 12 million;
• Łódź Special Economic Zone (Startup Spark 2.0) – nearly PLN 15 million;
• Brinc –  Branch in Poland – over PLN 17 million.

Follow startup.pfr.pl – profiles of accelerators will be successively published in Development section.