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Bulgarian accelerator LAUNCHub sends out a call for new “rockets”. The deadline for the next class is June 2nd, but we’re told can increase their chances of being accepted if they apply for the early deadline of May 23rd. The terms offered to the new class are what they have been in the past, 30K euro for a minority stake in the startup. More successful startups can earn an additional 200,000 euro after completing the program.
Those interested can take a look at some of the other posts that we’ve done, like when they announced their most recent accelerator class, announced their first 6 seed investees, or when they held their Demo Day back in mid-March.
LAUNCHub is a product of the JEREMIE program of the European Investment Fund. Since it was established last year, LAUNCHub has taken part of the 9 million euro fund it has at its disposal and invested roughly 1.5 million in 19 different startups. We’ve done posts in the past about success for iMediaShare and about the latest service from Imagga. Other notable graduates include startups like Coherent Labs, StorPool, Cinematic, and Ucha.se.
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