European Startups: Admit Your Failures!

By Sylwia Wojtas on June 2, 2014

Hub:raum Krakow is a center of innovation backed by Deutsche Telekom and developed for the countries of Central and Eastern Europe. Its work focuses on supporting innovative businesses in the CEE region through a combination of local teams, vision and expertise with the backing of one of the world’s largest telecommunications companies. These objectives are achieved by providing seed funding, co-working spaces, mentoring and access to the resources of Deutsche Telekom.

The innovation hub is organizing the second edition of hub:raum Krakow Warp – a turbo accelerator dedicated to early-stage startups and creative individuals who want to develop and grow their ideas fast. The name illustrates the power given to young companies through mentoring, workshops and financing. What’s more, the accelerator covers the costs of flight and accommodation for selected startups. The program will take place in Krakow from the 7th to the 14th of June.

We spoke to Jakub Probola, director of hub:raum Krakow, about why Deutsche Telekom decided to open its incubator in Krakow, which has its own characteristic startup stage in CEE, and how you can get 80,000 euro for the development of your business. Read On...

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This is a repost of an article that appeared on bitspiration.com on June 2, 2014