POZNAN, POLAND

SCALEUP HARDWARE & IOT
Overview

Twice a year, we run a five month ScaleUp Hardware & IoT Accelerator Program in Poznan, Poland. The program’s initiative is to support young and innovative companies in the field of Hardware & IoT. The program aims at providing the break-through technology solutions to Polish corporations by working closely with them and startups. Similar to the Poland Prize by Brinc accelerator program, ScaleUp takes 0% equity.

Similar to the disruptive force of the internet and mobile phones, the internet of things (IoT) will fundamentally change the way the world works and how we interact with it. Diminishing costs associated with connectivity and computing, technological advances in telemetry and data analytics, and device miniaturization have paved the way for the rapid proliferation of connected devices. It is estimated that by 2025, there will be more than 75 billion connected devices delivering an economic impact between $3.9 and $11.1 trillion per year.

Connected devices will transform elemental sectors of our economy such as energy, manufacturing, transportation, health, and education and will impact all aspects of our lives. We believe that unlocking information about our bodies, homes, offices, cities, food supply and beyond, can profoundly improve the world that we live in.

Our Offer

Up to $66,000* USD in exchange for 0% equity of your startup

*The offer is a combination of Cash ($32,000), Prototyping Budget ($21,000), and Additional Services ($13,000).

In addition to our funding, we provide a trip to Hong Kong & Shenzhen, mentorship, investor networking, a customized curriculum, technical onsite training, an international startup perks package, and on-going support to help get the early stages of your startup set up correctly.

Investment Verticals

  • Agriculture
  • AI
  • Consumer
  • Drones
  • Healthcare
  • Inspection
  • IoT/AR
  • Logistics
  • Manufacturing
  • Robotics
  • Smart City

Application Requirements

  • We invest in international startups. Startups do not have to be based in the program’s location. But you will have to create a Polish legal entity (LLC).
  • Startup focused on completing a working prototype and ready for DFM that fits within one of our ScaleUp Hardware & IoT investment categories.
  • Must have a working prototype or show technical capabilities of being able to produce your product.
  • At least 2 co-founders with relevant industry experience.
  • Scalable business model with high growth potential.

Program Requirements

Startups successfully accepted into our accelerator program will need to:

  • Be present in Poznan, Poland for the entire program for on-site training.

Ready to apply?

Applications are currently closed. Complete the interest form below to get notified when our applications open for Spring 2022!

Mix business with purpose

We create value for our portfolio companies and our ecosystem partners by facilitating mutually beneficial partnerships.

Our Tools

Having a hard time finding good and reliable resources? We are here to help you jumpstart your business, and to support our portfolio teams and the global community of founders. Give our FREE tools a try!

Brinc Cash Flow Tool

Our Cash Flow Tool is custom made to help founders start their business on a solid commercial foundation. We’ve fused the best parts of working financial models for startups with over a century of expertise with working with manufacturers and startups.

Please fill out the form to the right to get access to our Cash Flow Tool.