Accelerator

We invite you to join an 8-week (during October-December) accelerator and develop your startup idea into growing business! It’s an equity free acceleration program for early stage startups looking for structured support to grow an innovative idea into a scalable business. Upon completion of the program, startups are ready to take the next step towards their entrepreneurial journey and to compete for the initial funding!

Both startups who have already reached some milestones as well as those who only have a burning idea and immense wish to build a business are welcome to apply. Follow our news because we will invite teams to apply for new accelerator in September.

weeks to validate your business idea

mentors and experts to help your business

survival rate of first-time startups

attention to a startup

Mentors

A team of more than 40 international mentors and experts regularly coach programme participants every year. They help teams to define product-market fit, launch effective marketing campaigns, start and increase sales and prepare for meetings with investors. These mentors helped teams to grow in 2019:

Vytautas Cerniauskas. Expert at Civitta, management, business development and operations pro. MBA, ex-Uber

Arvydas Bloze. Investment Director at Practica Capital

Andrius Milinavicius. Founding member and BDO at Baltic Sandbox accelerator

Dmitrij Sosunov. Partner at Startup Wise Guys

Jone Vaituleviciute. Partner at Startup Wise Guys

Patrick Collins. Founder of Prospect Labs

Wallace M. Green. Startup Consultant & Accelerator Mentor

Antanas Baksys. CEO & Co-Founder at SearchNode

Andrius Senkus, Performance Marketing Team Lead at ‘Hostinger’

Aidis Dalikas. Co-Founder at Socialus Marketingas

Marius Ratkevicius. Partner at HungryScout

Danielius Stasiulis. Founder and CEO at “Startup Division”, co-founder at BitDegree and CBDO

Greta Radzeviciute. CEO & Co-Founder of Katalista Ventures

Ugnius Ramanauskas. Innovation Expert at Civitta

Aivaras Rastenis. Associate at 70Ventures VC

Gytenis Galkis. Partner at 70 Ventures Fund. Founder & Member of the Board at Lithuanian Business Angel Network

Stoyan Yankov. Productivity & Performance Strategist

Daiva Jankauskaite. Managing Director at Lithuanian Business Angel Network

Egle Juodsnukyte. Management Consultant and partner at Civitta

Daiva Rakauskaite. Fund manager and partner at Business angel fund management

Alex Gibb. Partner at Katalista Ventures, co-Founder & Partner at Paysolut Ltd, Co-Founder at Tinggly

Andzelika Rusteikiene. CEO at Junior Achievemenet Lithuania

Farid Singh. Innovation and startup consultant, mentor, coach

Andra Bagdonaite. Program manager at Startup Wise Guys

Aismantas Bulanavicius. Chief Product Officer at Aciety

Tomas Lekavicius. Product Manager

Gilbertas Kinderevicius. Partner at JurisConsultus

Asta Kederyte. Senior Associate at JurisConsultus

Ramunas Sirvys. Partner at JurisConsultus

Jūratė Normantė. Juris Consultus

Rokas Šalaševičius. Partner at ‘Civitta‘

Donatas Voveris. COO at ‘Švaros broliai‘

Modestas Plakys. CIO at ‘Litvalda’

Dovydas Navickas. CEO at ‘QuatroDev’

Tomas Kemtys. Partner at ‘Contrarian Ventures‘

Dovydas Bulanavičius. Managing director at ‘Aciety’

Jaunius Danielius. Head of Product at ‘Hostinger’

Kamile Sinkeviciute, SEO strategist at ‘Evolvery’

Ian Kane, Head of Communications at ‘DappRadar’

Rasa Sosnovskyte, SEO manager at ‘Tesonet’

Mantvydas Leknickas, CEO at ‘Whatbout.agency’

Karolis Ceizaris, Head of Customer Success at ‘NFQ’

Key dates

  • Applications – closed.
  • Pre-selection interviews – End of September.
  • Selection bootcamp – Beginning of October.
  • Pre-accelerator – October – December.
  • Demo day – Middle of December.

Virtual accelerator

Kaunas Startups is happy to invite you to the first virtual accelerator in Lithuania! This program is for the teams that cannot dedicate enough time for the intensive live accelerator.

Teams participating in the virtual accelerator will be invited to watch online expert lectures and satisfy their thirst for world-class expert insights! The virtual program will follow the topics of the accelerator: idea validation, business model, marketing, lean experimentation, finance attraction, and others. The lectures will be filmed and posted in Kaunas Startups database. Just like accelerator teams, online program participants will receive the same homework assignments by experts. 

The most engaged startups that demonstrate the biggest progress will receive an invitation to the Demo Day – the final product idea pitching event.

 

Frequently Asked Questions (F.A.Q.)

Is my company a startup?

Startups are globally scalable tech companies whose main activity is to develop, produce or distribute innovative, high growth potential solutions.

Who can participate?

Pre-accelerator is intended for early stage startups who have minimum viable product (MVP); startups are not required to be generating revenue to join the program. Kaunas Startups networking activities are open to all.

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Is the program “Kaunas Startups” exclusively for Kaunas residents?

The aim of the program is to strengthen the startup ecosystem of Kaunas. The pre-acceleration program is open to everyone but the preference is given to Kaunas-based startups.

How much does it cost to participate in the events?

Participation in all the events are completely free of charge.

What is the difference between pre-acceleration and networking?

Pre-acceleration is an intensive and consistent activities dedicated to a few selected startups. During the pre-acceleration, personal attention is paid to the startup’s product and problems entire program duration.

Networking – open events where everyone is welcome to come.

 

Frequently asked questions about pre-accelerator

Is pre-accelerator free of charge?
Yes! But getting into the pre-accelerator requires passing the selection.

How is the pre-accelerator selection process?

Selection to the pre-accelerator takes place in several stages. Registration is open August 14 – September 22. Following this, a panel of experts will have interviews with the registered participants and will select 25 teams to attend the boot camp (October 7-8). The first day of the boot camp is for preparation with experts, the second day for selection interviews. Following the selection, the camp’s Expert Panel will announce 15 startups who will be able to participate in the pre-accelerator.

Can I get an investment?

There are no cash prizes for participants but teams with best results will have a chance to pitch them to potential investors.

Why accelerator activities are so intensive?

The purpose of the accelerator is to help startups to develop a product, build a business and commercialization plan, find partners and investors within a short period of time. This means doing a lot of things in a short space of time.

Who can’t participate in pre-accelerator?

Enterprises engaged in the activities listed further are restricted from participating in the accelerator: 1) the production and trade of tobacco products, distilled alcoholic beverages and related products 2) production and trade of any kind of weapons and ammunition; 3) organization of gambling activities; 4) providing services and solutions that: a. is aimed at supporting: (i) any of the activities referred to in points 1 to 3; (ii) Online gambling and online casinos; (iii) pornography; b. aims to create the conditions to illegally: i) use electronic data transmission networks; (ii) download electronic data. 5) investing in enterprises whose activities do not comply with the norms of the Republic of Lithuania, ethics and (or) moral standards.

How many people can be in a team?

Team can be a company, a group or a sole person.

If the team is a company or a group of individuals, one company or team should be represented by at least two persons.

If a person doesn’t have a running company, he or she can participate as a sole person.

Do you have to participate in all pre-accelerator’s events?

Yes, participation in all pre-accelerator’s events is mandatory and requires full-time work. [/read]

Kaunas startups open events

One of the crucial ingredients for successful startups to emerge is having a talented, zealous and vibrant community. Join a series of free open events to learn how to build successful companies and meet like minded entrepreneurs! Everyone is welcome to participate in one or more free of charge events which will take place from August to December 2019.

trainings to help you develop your business

pitch events for you to master presentation skills

experience sharing events

hackathon where you'll work on an innovative business idea

Professional team behind the scenes

The project is funded by the Kaunas City Municipal Program “Initiatives for Kaunas”. Government agency “Kaunas IN” is responsible for the information provided. Kaunas City Municipality is not responsible for any information provided.