Grow your startup to the next level
tech startups from the Republic of Moldova
Grow your startup to the next level
Traction accelerator and incubator
of the most promising tech startups
from the Republic of Moldova
10X your results
UpNext is the only practical acceleration program that is focused on traction, scale and taking tech startups to the next level of development.
In order to deliver the best results the program is structured in such a way that it fosters personal approaches and problem solving rather than content delivery.
The focus of the traction accelerator is to create and build initial traction, build internal processes, change the product, and the road map that will allow startups to scale up quickly and prepare the startups for significant capital injection.
UpNext overview
5
6
25K EUR
investment for 5% equity
35+
guest speakers, founders and investors
6
resident operational mentors
6
months working space for the team
1-to-1
mentor hours
Custom
Custom
sessions
100K+ EUR
Main objectives
Achieving significant traction
We aim to evaluate the initial state of the startups and create measurable objectives for each startup separately.
Our goal through the program is to increase the traction of each startup by a factor of ten (10x).
Operational setup of each startup
Every startup needs are different yet on the operational side they are very similar, a legal entity, bank accounts, accounting, payment processors and legal contracts in place.
We aim to have our startups in good standing and operational at the end of the program.
Road map of scale
Raising additional capital
Dedicated e-learning platform
Working space
We incubate all the startups in a modern coworking space to enhance networking between the founders, meet the mentors and provide perfect conditions for the founders to focus full-time on their startup.
Apply to bring
your startup
to the next level
We will work closely with only 5 startups to make sure they achieve significant results. Apply if you fit the criteries and we would love to meet you before joining the acceletator.
Starting date: June 2024
Startup minimum requirements
- Preferably 2 co-founders
- Tech idea that can scale
- Working full-time on the startup
- Preferably MVP stage
-
Based in Moldova or
one moldovan founder -
Company incorporated
or soon to be - Preferably existing paying customers
Dedicated operational mentors
Andi Stan
VP of Strategy & Finance, Index
Andi aims to help mature startups enhance their competitive position by innovating their business model, deploying technology, and reinforcing network externalities. In addition, he has a ‘dark force’ in numbers and data with 16 years of leading audit & consulting assignments across various industries from Telecom, Banking, and Insurance to Technology startups.
Nadia Codreanu
Financial Director, Mondia
Nadia is a corporate accounting professional, being highly adept at the implementation and management of accounting systems and procedure. She has the ability to compile, verify, analyse and interpret critical financial data to all major stakeholders and in multiple currencies. Previously, she also worked at Ernst and Young and Takeda in Singapore.
Anatolie Telchiji
Sales Executive EE, UiPath
Anatolie is a Sales Executive in Eastern Europe at UiPath. Previously, he also worked at Microsoft as a Project Manager, developing highly effective customer and partner relationships, and at Oracle as a Sales Representative, managing a portfolio of 100 customers from different sectors of business and public organization, as well as Customer and Sales Support Manager at Newlett-Packard.
Razvan Craciunescu
Associate Professor, University Politehnica of Bucharest
Razvan is a former founder of an IoT startup for Ambient Assisted Living, startup for which he raised more than 200.000 EUR and that he sold early 2019. He worked as Product Specialist at UiPath, and also as a project manager for R&D projects in different companies and as an innovation consultant for national or international companies, banks, or public authorities.
Nicolae Gudumac
Co-founder & CTO, Planable
With a computer science background, Nick previously worked in a digital agency and built innovative advertising campaigns using-cutting edge technology for big brands. Nick is also an alumni of Techstars and MongoDB Accelerator, and has been featured in Forbes 30 under 30 list.
Vadim Jeleascov
Business Tracker, Product Manager
Vadim has 15+ experience in developing, managing, and creating innovative solutions for IT and Software Products. His focus is Product management, creating MVP and hypothesis validation. Previously, he had served as CEO of Simpals Factory.
Adrian
Solomon
Head of Marketing, Zernoff Beverages
Adrian is an Entrepreneur, CMO, Idea and Product Developer. He has extensive experience in developing and launching products in the FMCG industry, organizing national and international promotional campaigns. In the past, he was marketing director at the Purcari Wineries plc.
Companies where our mentors worked or are currently working
18
10
Founder Guests
4
Powered by Dreamups
UpNext is developed and organized by Dreamups, where we run acceleration programs for over 7 years with hundreds of mentors and founders from all across the globe.
Founders that we invested in
and closely mentored
Frequently asked questions
Tech startups that have scalable potential for serving a regional or a global market, based in Moldova with at least one moldovan founder.
We expect you to work full time for 6 months and be dedicated to the growth of your startup.
We offer a 25K EUR investment (10K EUR cash and 15K EUR in program value) in your startup for 5% to 10% equity (based on individual assessment). Additional investment of at least 100K+ EUR will be provided at the end of the program if your startup qualify.
In case you’re selected, you will be invited to a meeting where we will explain the whole investment process cycle, depending on your specific situation.
We target to work with a limited number of only 10 startups in order to deliver better quality of the mentorship we provide.
You’ll be joining the closed founders and alumni community where you’ll receive support from our network, and when you’re ready – a potential investment from our business angels network.
We encourage you to apply for us to better make an assessment of your situation. In rare cases, this may be allowed.
If you already have an office we will not require for you to move in the incubation space, but you should attend in person the activities we will have in the office.
Not all the startups are in the same position and even if we try to align the development stage we believe that it is fair to assess each startup individually, for example: there may be not enough initial traction, low-fidelity MVP or not fully functional founders team yet.
Partners
