Startup Sauna held its first ever Warmup event in Budapest last year. In cooperation with Invendor, Startup Sauna is returning to Budapest for the second year with an all-day event on September 16 to meet startups, key investors and serial entrepreneurs. Their aim is to find the best startups and invite them to participate in the 5 week long program in Helsinki starting at the end of October 14.
The event consists of presentations of 20-30 startups in the morning where each team will present in front of the jury. In the afternoon, 10 selected teams will have private feedback sessions with the coaches. By the end of the day, the jury will select one team to be invited to the 6 week long program in Helsinki.
Startup Sauna is an excellent initiative with proven track record creating a bridge between Northern Europe and the Silicon Valley. It is an opportunity for Hungarian entrepreneurs to go global by reaching experienced mentors, connections, funding and other invaluable resources.
Startups who wish to participate, have to fill out a short application form, and will be notified a week prior the event. Application is open until September 8.
Startup Sauna, founded in 2010, is a non-profit organization for startups and aspiring entrepreneurs in Northern and Eastern Europe and Russia. Their aim is to attract investors and talent into the region, and then pushing them back to make an impact in their own countries. Ninety companies have graduated from the program since 2010, with more than USD 25 million of funding raised.
Startup Sauna also organises the Slush conference, which brings together the early-stage startup ecosystem in the region to meet top-tier venture capitalists and media from around the world. In 2012, Slush gathered more than 3.500 attendees, 550 companies and 250 investors and journalists for two days in Helsinki.
