Incubation

CEU iLab one-year incubation program

Apply for the CEU iLab incubation program until 15 September 2020!

The aim of the program is to take teams from idea stage to an MVP and initial round of funding. The teams who are selected into the program receive individual mentoring, participate in tailor-made entrepreneurship courses, have access to the facilities of the CEU Budapest and Vienna campuses and the coworking office at the Budapest campus and become part of the CEU iLab community and network.

Details of the program

Informal chat

Ready for your business incubation?

Contact with one of the iLab Management team members, ask for a meeting, and pitch your idea.

Application

Fill out our online Application Form and provide all the requested information. We review applications on a rolling basis, and we take new teams on board 2 times a year, in February and in September.

Apply

Interview sessions

Selected projects will be invited to participate in the interview week prior to the upcoming cohort’s start date. Your application will be evaluated by the CEU iLab Project Selection and Team Progress Oversight Committee and relevant external advisors to CEU InnovationsLab.

The program starts

If selected to the incubation, you will receive the initial infopack for iLab teams and will be invited to the Onboarding Week.

What the program offers

CEU InnovationsLab offers a flexible scheme where each team can choose from a wide variety of programs and events based on their own needs and goals.

Progress sessions

Teams participate in three 3-day progress sessions in key entrepreneurship-related topics with CEU faculty and experts.

Mentoring

Each project is matched with a lead mentor who provides guidance to the team in the form of one-on-one sessions.
Skill mentors are also available for teams for one-time consultations in specific topics (such as marketing, risk management, business plan, funding, etc.)

Tracking

iLab teams' financial progress is constantly tracked by our data analyst.
Teams have access to their absolute and relative performance data in a visual format at any time.

Internships

In the framework of the “Capstone projects” startups get to work with student experts from the business MS programs, while in the   Istudents provide legal advisory to the teams.

Education and research

Teams will be able to participate in relevant CEU courses.
iLab teams have access to the CEU library and research facilities.
CEU Phd students regularly publish iLab case studies in peer-reviewed international journals.

VC dating

iLab is facilitating its teams’ meeting opportunities with local and global Venture Capitals, Angels and other potential financial players.

Coworking space and facilities

Teams are free to use the CEU iLab coworking office throughout their incubation. We have membership plans available for alumni teams.
Teams have access to the facilities of the Budapest and Vienna campuses as well.

Events

The iLab community is actively involved in various meetups and ecosystem events as contributors, speakers, panelists. We also run our own networking events and meetup series, like BlockChain Stories.

Investment rounds

iLab prepares you to become ready for investment at various stages of the entrepreneurial cycle -
from seed to B round.

CEU iLab Badge of Excellence

The CEU iLab Badge of Excellence is awarded to those startups that meet the benchmarks set by Talk-A-Bot in 2019:

  • round investment raised on the market / full bootstrapping
  • EUR 450K revenue
  • Doubled or tripled revenue y-o-y
  • 10+ jobs created

Become a member of the alumni network

Any member who has been in the incubation becomes CEU iLab alumni. As an alumni or graduate team you will remain part of the community, you have the opportunity to become a mentor, keep learning from and sharing skills with each other.

Why choose CEU iLab?

Start-ups that join CEU InnovationsLab become members of a knowledge network that can help them thrive. They also receive physical resources any young venture needs to function. As a CEU InnovationsLab start-up, you will benefit from access to:

Diverse, Motivated Talent

We connect start-ups to CEU’s international student and faculty community. Our Finance, Business Analytics, Technology Management, Economics and other master’s degree students are eager to work with energetic start-ups and contribute their fresh thinking and fresh ideas. We can also connect you to Budapest’s skilled technology and engineering workforce.

Research

Members of CEU InnovationsLab are plugged into the entire CEU research community. This facilitates R&D collaboration with CEU departments, centers, and institutes in disciplines ranging from economics to environmental sciences. We also have partnerships with other universities and research institutions.

Capital

CEU InnovationsLab connects start-ups with opportunities for venture capital, angel investment, and other forms of growth equity, as well as non-traditional funding sources.

Markets

Our relationships with local organizations and international companies can ease entry into local, regional, and global markets, and connect you with potential customers.