September 2022 marks the launch of the first VC Bootcamp in Romania, an intensive 10-week program dedicated to professionals and corporates that want to be the next fund managers, opening a VC or a CVC.
The VC teams each had 6 minutes to present in front of a jury to get feedback and score. This score along with the KPI results added up to show the first, second, and third places for the teams. The jury was formed by industry professionals that are able to give relevant insights and information to help the VCs. Along with the first places, there were the special awards provided by our partners, the total value of the prizes being over 250k Eur;
There is nothing new when we say that we bring at our events people with expertise, this time having a key-note speech and two panels held by some of the most professional and educated minds that can be found.
The first panel that took place at the InnovX-BCR Investors Alliance Demo Day was dedicated to “The Role of Banks in the VC World” with Roula Bachtalia, Director egg - enter•grow•go, Suleiman Arabiat, Investment Manager at Elevator Ventures, Daniel Dumitrescu, PhD., CIO at InnovX, moderated by Liviu Munteanu, Partner at Founders Bridge, having three different perspectives and connections that a VC can have with a bank, three different business models. Starting off with Suleiman, he is part of a classic VC, the team coming from the venture capital industry, not from the banking world. The premise of Elevator Ventures is being a CVC with direct investments and funds for funds activities, in their field, in their region. Now, they expanded “CVCs are the trend now, with different motivations, so we can understand them. You don’t know who was the instigator, but you can see their focus”. Roula comes with another view, EuroBank partnering up with accelerators, incubators, helping them in the process of helping startups raise funding, “Today in Greece many things changed, the digital transformation of the startups is a game changer for the whole Europe and on the other hand money from public and private sector are invested through VCs to startup communities and where we had a small community now we have an ecosystem”. Daniel comes with the expertise of an accelerator that has a bank as the main strategic partner.
The second panel looked at the “The rise of the CEE Investment Power Players” with the help of Ana Bobirca, Partner at CEFS, Alin V. Stanciu, Partner at Catalyst Romania and Elemér Eszter, Managing Partner at Impact Ventures, moderated by Adrian Seceleanu, Editor Business Hi-Tech, Ziarul Financiar.
Ana started off by stating clearly that the view is optimistic and the landscape looks good, the time to enter is now, despite changing conditions, from a macroeconomic perspective, the ecosystem stands to gain from this . Alin backed her up by adding his recommendation to startups to optimize their costs and seized that the landscape changed a bit, the startups need money, but they also negotiate. Elemer took the opportunity to come back to the panel that was held at Wolves summit in Vienna and clearly state that the time is now. Co-investing is really important and it should be seen as a positive thing, a very good option and the ecosystem is actively trying to demystify the VC World. For sure we will hear more open and straightforward discussions related to these topics.
After the two panels, the 6 teams that finished the VC Bootcamp: NETOPIA Ventures, Future Now Capital, EVX Capital, Dicor Holding, Energy Capital, OPX Ventures, pitched their VC Fund ideas in front of the jury: Ana Bobirca - Partner / Chief Investment Officer at CEFS, Suleiman Arabiat - Senior Investment Manager at Elevator Ventures, Roula Bachtalia - Director egg - enter•grow•go at Eurobank, Liviu Munteanu - Partner at Founders Bridge, Elemer Eszter - Managing Partner at Impact Ventures, Alin Stanciu - Partner at Catalyst Romania, Marius Adrian Lupu - Business Development Manager at ERSTE Private Banking, Cristina Bucur - Managing Director at cleverage.vc, Valentin Filip - Managing Partner at Fortech Investments, Sonia-Denisa Fedorovici - Head of Legal & GP at ROCA X, Mariu Diconu - Founder Altius SA
The pitches were followed by a special guest, Andrew Zinchuk, Managing Partner at ZAS Ventures, an Ukrainian VC Fund that managed to reinvent itself, even in this global situation.
The first three prizes with value over 250k Euro went to:🥇NETOPIA Ventures - The winner of this prize at the InnovX-BCR Demo Day Investor Alliance 2022 will receive the PLATINUM Package
🥈Future Now- The winner of this prize at the InnovX-BCR Demo Day Investor Alliance 2022 will receive the GOLD Package
🥉EVX - The winner of this prize at the InnovX-BCR Demo Day Investor Alliance 2022 will receive the SILVER Package
Special prizes have been awarded by our amazing partners ✨️
✨️ DLA Piper for Netopia Ventures - Preliminary assistance for fund formation
✨️ Ziarul Financiar for OPX Ventures - ZF IT Generation Star
✨️ BCR for Energy Capital - The participation in a Microeconomics seminar organized by Erste Private Banking, in 2023
✨️ Elevator Ventures for Dicor Invest
✨️ AmCham Romania for Energy Capital - The prize consists of one year of free access to events hosted by AmCham Romania for its member companies, with the opportunity to network and connect with U.S and international corporations, Romanian entrepreneurs and businesses (B2B) and Government stakeholders in Romania and the U.S. (B2G). The award also covers participation to industry-policy exchanges and access to all AmCham Romania advocacy platforms and business intelligence
✨️ Catalyst Romania for Energy Capital - Executive Mentoring in the Launching Process of the Next Amazing Future VC Fund Manager in 2023
✨️ROCA X for Dicor Invest - Executive Mentoring in the Launching Process of the Next Amazing Future VC Fund Manager in 2023
✨️ Impact Ventures for Netopia Ventures - Executive Mentoring in the Launching Process of the Next Amazing Future VC Fund Manager in 2023
✨️ Founders Bridge for Future Now - Executive Mentoring in the Launching Process of the Next Amazing Future VC Fund Manager in 2023
✨️ CEFS for OPX Ventures - Executive Mentoring in the Launching Process of the Next Amazing Future VC Fund Manager in 2023
💡The pitch session was moderated by Bogdan Hristescu , General Manager CEE Region at Cambrist & Diana DUMITRESCU, PhD. , CEO InnovX and the ceremony by Ionut Stanimir, Director Marketing & Communication at BCR