Funding

In the Launchpad program, you will receive HUF 8 million (€20k) in exchange for 5% equity, with a potential follow-up investment of up to HUF 30 million (€80k). You can find the details below, depending on whether you already have a company established.

 

Upon acceptance to the program, our legal and investment team will start working with you.

 

If you already have a company incorporated

  • We will run an expedited due diligence on your company.
  • You apply for the STRT Startup Factory program to receive HUF 8 million financing in exchange for 5% equity in your company.
  • This HUF 8 million is made up of two parts:
    • a non-repayable grant of HUF 3.7 million
    • an equity investment of HUF 4.3 million
  • You participate in our incubation program for a HUF 3 million fee (HUF 2.36 million + VAT), that you pay from the equity investment received.

 

If you do not yet have a company incorporated

  • We will invest HUF 3 million and provide legal help to incorporate your company, in exchange for 3,6% equity in the newly incorporated company.
  • You participate in our incubation program for a HUF 3 million fee (HUF 2.36 million + VAT).
  • Additionally, once you have a company, you apply for the STRT Startup Factory program to receive HUF 5 million in financing from STRT in exchange for an additional 1,4% equity, increasing our equity in your company to 5%.
  • This HUF 5 million is made up of two parts:
    • a non-repayable grant of HUF 3.7 million
    • an equity investment of HUF 1.3 million

 

For every startup, that completes the program and raises capital, we may additionally provide up to HUF 30 million in funding, subject to new investor conditions (matching funding).

Altogether, the HUF 8 million + up to HUF 30 million funding is about €20k + up to €80k.

The sample legal documents for our initial investment can be found here.

Our aim is to identify teams in which we can invest in at the end of the program and can work with them beyond the programming order to help them become global successes. We also do follow-on investments in portfolio companies either as single investors or co-investors with the investors from our investor community.
We
big-star

Program Director and program management team

Andrea
Kozma
Program director, Co-Founder,
Group Lead

Building a successful startup is about identifying opportunities and acting on them. Keep being in conversation with your customers and build what they want to buy.

Achilles
Georgiu

Innovation Management Expert & Professional MazeRunner

Every idea is worth as much as we can leverage out of it. I love challenging the ideas and the way how the teams would like to generate value for their clients through services or products specifically when they use or support the usage of AI in new fields.

Ákos
Deliága
Entrepreneur in Residence,
Group Lead

As a practicing CEO and a father of 3 small kids, my time is extremely scarce and valuable. I still chose to become a resident entrepreneur and group leader in this great program as I live by the #givefirst attitude. You can expect me to be committed, attentive, direct with my feedback, authentic and demanding. I’d like to work with entrepreneurs who are self-driven, who want to achieve tangible impact and who have high ambitions. Let’s enjoy the ride as well.

Márton
Báti
Entrepreneur in Residence,
Group Lead

A successful startupper’s motivation is not the cool office or the flexible hours, but the challenge to solve unknown and unexpected issues.

Panna
Rózsa

Program coordinator

Our mentors

Alex
Ion
Marketing
Consultant / Founder
of
GrowGrow.AT​​

Your business needs smart marketing: Make good use of data to develop solid marketing fundamentals, and execute in an outstanding manner. Differentiate, and add value to customers. Measure what matters.

András
Vizsy
CEO
@
Bookkeepie
.com​

It is an awesome feeling when you put something together that works and solves a problem more efficiently than ever before, making the life of many people easier. Call it product development, consulting, problem solving, startup building – I am into this kind of stuff.

Gábor
Boncz
Seasoned executive
with
proven
track record

A new product or svc must solve somebody’s problem.

Let’s explore together Your one is really up to that so with adding all necessary ops ingredients You will thrive!

Dániel
Pásztor
SmartPV Business
Development Serbia and
Hungary Region –
Executive MBA

It is easy to have a good idea. The key toward success is to have an A team to execute it. 

Dóra
Marosvölgyi
Founder
and CEO
at
DARE Innovations

I am passionate to work with deeptech start-ups and help them nurture strong business fundamentals, forge an exceptional team, and embrace the power of collaborations to fuel their innovation journey.

Gergely
Mencsik
Venture
Capital
Investment
Manager

Let’s create your powerful Pitch Deck together that opens most Investors’ doors and lays down the foundation of cooperation.

Géza
Füstös
Pragmatic-Thinking Mentor
with experience
in startups
and multinationals

My goal is to offer insights rooted in real-world best practices, use cases, and examples. By aligning these with your specific challenges, I aim to empower you to make effective and informed decisions. And a project is only considered complete when the proposed solutions are seamlessly integrated into daily operations.

György
Bereznyák
Country
Leader
at
3M

Integrity first, the rest will follow

György
Káli
Co-Founder,
Service designer
at
Humanize.studio​

You should ask your target group for feedback on your ideas as soon as possible. For this, you need to build a rapid prototype, which makes your concept testable. Each prototype test will bring new questions and new perspectives to your team’s work. In this way, you can deepen the concept, or you can iterate in a more marketable direction.

László
Drajkó
Founder
at
Cydrill
Software Security

On the quest for finding eternal youth (of mind) business veterans like myself often engage an activity called mentoring. It’s unclears whether it is a social activity, a process or a passionate connection to some creative ideas. One thing for sure, the outcome is a lot of learning. Who is benefitting whether the mentee or te mentor is yet to be found out.

László
Kiszely

Kiszely co-founder,
Abilit Matrix
Innovation
 Consulting

First ponder, then dare! Passionate about overcoming the pain of building the right product for the right markets. Before joining AbilityMatrix, gained 20 years experience alternating between startups and enterprises around Europe in innovation go-to-market-related roles.

László
Személyi
Executive
Partner,
Future-Now
Co-Founder

Watch carefully – most things you only see once in its current form.

Manuel
Alexander Roth
Management Consultant
at AlixPartners / ex-CEE
Investment Banking
at J.P. Morgan

Looking forward to being your sparring partner in making your ideas come true by building a business around it. Living in Frankfurt — the capital of the European financial industry — I can help you connect the dots to a wider market early on and thereby thinking globally from the beginning. An engineer myself I’m passionate about the forefront of tech. Let’s embark on this journey together.

Sándor
Vágó
Customer Experience
Driver | Marketing
Leader |
Program Manager |​

Passionate to create best in class propositions and put customer experience on first place by utilizing customer insights and service design methods. Having a strong sense to strategy development with desire of excellence in execution.

Sára
Palcsó




Just think too hard and even the simplest problem can become insolvable…

 

Be simple, be focused, learn and improve, than watch something new beeing born.

Szabolcs
Szalay
Partner and Associate
Director at Boston
Consulting Group
(BCG)

I have been advising major financial institutions’ executives about technology and organizational transformation for 25 years across 25 countries. I am trained on dozens of post-merger integration projects, hundreds of presentations, thousands of slides, and countless hours of expert discussions. Build your prompt to start downloading…

Stephen
Tasker
All Things Great
and Digital | Strategist |
SEO | Social –
Ex Apple

Walid o.el
Cheikh
Author/Coach
of
Pitching
For Life

Walid is an expert in pitching and early-stage traction development for startups. He coached over 100k people in 34 countries & 63 cities.

Zsolt
Pándi
Managing
Director
at
DA Analytics Ltd.​

Plans are worthless, but planning is everything.

Zoltán
Kalmár
Founder
of
ProptechZoom
/ Proptech Hungary

Have you considered the quantifiable and positive social or environmental influence of your actions, particularly within the context of the real estate sector’s substantial challenges and prospects? The opportunity is there…

FAQ

This program is for teams who can dedicate their time fully to their project. Many projects start as an “after office hours project” until the founders feel ready to take the leap to fully dedicate themselves to the project. If you are not at that point yet, keep working on your project and apply when you are ready. In the meantime please feel free to register at the @STRT Academy, which provides lots of startup development related educational material.

Yes. In this case we will require that you set up a Hungarian Kft, we will take care of the legal work and costs.
We invest in any company that is set up in an EFTA member jurisdiction or in a US State.
We believe that teams always do better then individuals, no matter how talented they may be. Developing a new product where there is no proven path, you will need many skills and more then a pair of hands. Coming as a team shows that you are willing and can work as a team. Show us that there are more people then yourself who share your vision.
It is absolutely not necessary. Some teams prefer home office and you will need to do a lot of errands around your project, your potential customer, stakeholders anyway.  It is a place which is at your disposal, and it is also an opportunity to connect with peers. We will require that your team show up in whole at the weekly stand ups.
This program is offline, so you will actually need to be in Budapest for this program. Our @STRT Academy provides online learning materials for teams who are looking for remote learning opportunities.
The language of  the program is English. If you can read and understand English and join-in group discussions, you will be fine. You may want to use the time before the program to catch up on your language skills. Our @STRT Academy

Before you close...

Don’t miss our news, courses and events. Subscribe to our newsletter for bi-weekly updates.