BoostMeUp –Key Support to Development of Start-ups in Montenegro




BoostMeUp –Key Support to Development of Start-ups in Montenegro

Innovation Entrepreneurial Centre Tehnopolis, Science and Technology Park of Montenegro and company Amplitudo with the support of the Ministry of Finance have created pre-office program for Development of Start-ups in Montenegro named “BoostMeUp”, that is crucial support in developing start-ups in Montenegro. The Program started today at 11:00.

Program „BoostMeUp“, is created as a unique connection of expertise, networking and innovative platforms, representing opportunity for domestic micro and small sized companies as development teams to set up their business idea into business ecosystem though the string of strategic activities and with cooperation with regional and EU experts. 

This is about national platform aimed at increasing the number of innovative companies with tendency of fast grow or start-ups. In this way is influenced on digitalization of economy of Montenegro through development of entrepreneurial an innovative ecosystem and creates a platform for new tools and skills in order to promote innovative and entrepreneurial skills.

After initial call or teams that have idea/concept or formed company, and selection of the best ones, a five-month program starts with the aim to beginners or future start-ups provide necessary competence and experience to start the business. Next to national, regional and experts from countries of EU with experienced knowledge in the mentioned fields, teams are provided with financial help in order to start the business.   

The Program will, after selection of teams, in five months all ideas and startups that are selected will be implemented through seven modules of pre-acceleration i.e. crucial areas for development of together idea with top experts. Finally, within Western Balkans Start up Forum 2020 will organize Montenegro Pitching contest for selection of the Program Winner.

Finally, through connecting with investors, business angels from the country and region the aim is to encourage companies to invest into startups and create modern domestic market for innovations.  

Additional practice proved that great number of ideas, especially of the inventive ones did not manage to go out on the market just for the lack of advanced analysis in developing and implementing business idea. Program is especially directed to the aspect of strengthening teams and presentation of business ideas to investors. With implementation of this program there will be an important step taken in implementation EU policies that promotes new models of economic development on national and regional level based on target support of science and innovative activities.   

More at: www.boostmeup.me 

Source: Management Team of the “BoostMeUp” Program

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