Fil Rouge Capital- applications for first Croatian Accelerator Program Now Open
Fil Rouge Capital is a venture capital investment fund whose
primary goal is to invest in young entrepreneurs, start-up and
scale-up companies, as well as establishing a local
entrepreneurial eco-system in Croatia.
Fil Rouge capital is pleased to announce that the Selection Day
applications are now open.
The Selection Days will take place on July 15th and 16th at Algebra
Lab in 242 Ilica Street, the fund’s operational headquarters.
During those two days the fund will choose top 20 start-up teams to
join its autumn Acceleration program that will take place in Zagreb,
The Program will start on September 2nd and will conclude on
November 29th with a closed Demo Day for co-investors of Fil Rouge
Fil Rouge Capital selection criteria are as follows:
Fil Rouge Capital is looking to invest in fully committed and
passionate founders with a compelling business concept or innovation.
Minimum Viable Product (even a basic one) that provides a technical
proof of concept is needed and startups with existing users or even
paying customers will have priority.
Startups who also fit these criteria are the ones that need to develop the
product and market approach in order to accelerate their growth and
need a professional team to assist them.
They are determined to expand internationally and have a clear exit
value, even if the exit path is not yet obvious. They will have to fulfill the
Croatian eligibility criteria detailed in the application, and have
a perfect command of English.
If selected, the start-ups get:
Access to seminars lead by expert coaches, connections to Fil
Rouge’s partners, mentors, potential customers, and the co-investor
network and Fil Rouge Capital exclusive weekly Founder’s dinners.
The Accelerator package also entails privileged access to Fil Rouge
Capital Venture Capital growth program, support with incorporation,
opening a bank account and all needed support and help with reaching
Croatian eligibility criteria as well as other support in Croatian business
In exchange, Fil Rouge Capital is looking for 6-8% equity.
Once startups have applied, our selection team will provide them with
short feedback and next steps.