ENTREPRENEURSHIP CENTER "KONSTANTINOS MICHALOS"
THERMOCULTURE OF NEW BUSINESSES IN ATHENS – THEA.
"A Spectacular Start for Spectacular Results"
INVITATION
The Athens Chamber of Commerce and Industry invites interested startups and business groups, to submit an application for their inclusion in the structure of the Athens Startup Incubator – THEA, of the "Konstantinos Michalos" Entrepreneurship Center, with the possibility of their integration, either in the Support Program or in the Hospitality Program .
It is noted that the Athens Chamber of Commerce and Industry (ECCI) is an Institutional Supporter of the “Elevate Greece” Initiative, of the Ministry of Development and Investments, which aims to strengthen, develop and extrovert the Greek innovation ecosystem, offering, with the participation of the ECCI, as the official body of the Greek innovation ecosystem, in the above initiative, support/consulting services to start-ups.
WHO IT CONCERNS
• Individuals, business groups, or startups with a specific innovative business idea, service, or product to develop.
• Teams determined to work on the submitted business idea to transform it into a successful startup.
• Team members must be at least 18 years of age.
In particular :
• Each team undertakes the commitment to participate in the programs and actions of the Incubator, in the context of collaboration with its Advisors and Mentors, so that the progress of each business team can be monitored during the period of development of its business idea or development of its business.
• For groups consisting of only one founder, the founder commits to adding at least one (1) more member to the group within the first three (3) months after admission to the program.
SUPPORT SERVICES
Support Program*
THEA provides the following services to the start-ups/business groups that will join the SUPPORT PROGRAM :
1. Consulting services (business planning, marketing planning, legal, accounting issues (etc.).
2. Specialized education/training services.
3. Networking actions to support business groups.
4. Access in meeting rooms in the Incubator building.
* Groups participating in the support program are not provided with accommodation in the incubator space.
Hospitality Program
THEA provides the above services to businesses that will join the HOSPITALITY PROGRAM , as well as:
1. Hosting the teams in the Incubator premises.
2. Modern operating environment, with appropriately designed office spaces, meeting rooms and common areas.
3. Modern infrastructure and equipment provision.
4. Security, cleaning and secretarial support services.
5. Additionally, coverage of fixed operating costs, consumables and other expenses is ensured.
In the event of the announcement of new government measures to address the Covid-19 pandemic, it may not be possible to host startups/businesses in person at the Incubator facilities. In this case, only a remote consulting support and training program will be offered to startups/businesses.
BENEFITS
The benefits that all business groups obtain from their participation in the T.E.A. include:
• Providing advisory support on management, marketing – sales promotion, legal and tax issues, etc.
• Promoting synergies between business groups.
• Support for access to investment funds related to the financing of the start-up business.
• Participation in training seminars.
• Business networking activities in Greece and abroad.
• Formation of common interests and goals at an operational level.
PROCESS OF INTEGRATION IN THE WARM HOME & SUPPORT STAGES
Submitting Applications
Applications submitted by April 11, 2022 , will be evaluated immediately and on a first-come, first-served basis by the special evaluation committee of the Hellenic Institute of Technology. The qualified teams will be invited for an interview to complete the evaluation before Phase A.
Phase A ' Pre – incubation '
Positively evaluated business teams are invited to attend the three (3) week pre-incubation program that will be provided to them by the Incubator.
During this period, the business teams will participate in focused Incubator activities aimed at determining the feasibility of implementing their business plan and strengthening the entrepreneurial skills of their members. A key milestone of Phase A is the structuring of the Technical Feasibility Analysis of the business idea.
Phase B' Incubation Program ( Incubation )
After the completion of the pre-incubation program, the incubation program of the business groups follows, which includes a Hospitality Program, or Incubator Support Program, lasting up to six (6) months. In order for business groups to join the Hospitality or Support Programs of the T.E.A., they must have been positively evaluated upon completion of the Pre-incubation Program.
The successful completion of the Pre-Incubation Program allows business teams to focus on enhancing the marketability of their business idea with the assistance of the services of THEA. In particular, in this phase, the members of the business team, with the support and guidance of the mentors, consultants and the staff of THEA, are invited to formulate the basic tools of business development, namely a detailed Business Plan. At the same time, the business teams, in addition to the Hosting and Support services, also receive extensive networking services, utilizing the relevant experience and specialization of the E.B.E.A., as well as parallel initiatives that have been developed, such as their contact with the Business Angel Network – (BANG), of the E.B.E.A., with investment Funds, participation in events, demo days, international exhibitions and more.
Phase C Networking Program
Successful completion of the Hatching Program signifies:
• The "graduation" of the business groups from the program, as well as their departure from the T.E.A. facilities.
• The establishment of new innovative businesses (start-up), in cases where it does not already exist during the previous Phases
• The continuous support of new innovative businesses, through their privileged participation in the individual networking and entrepreneurship strengthening actions implemented by the E.B.E.A.
It is noted that the services of the Networking Program have no time limit .
Application
On the website www.theathensincube.gr you will find the Submission Application Proposal for inclusion in the Athens Startup Incubator – THEA, as well as the instructions for completing and submitting it electronically.
For more information or any clarifications you may need, you can contact the e – mail info @ theathensincube.gr and the telephone numbers of the Secretariat of the Athens Incube: 211 1036904, 211 1036935, 211 1036958 from 8:00 a.m. until 4:00 p.m.
Submission Deadline
Applications can be submitted until April 11th, of the year 2022.
