Locked content Polish Development Fund launches internet portal for start-ups

The Polish Development Fund (PFR) has launched an internet service for innovative SMEs in the public sector. Young entrepreneurs will be able to use the portal to find information on potential investors or sources of funding. As the PFR reported on Tuesday, the startup.pfr.pl website presents the PF...

Locked content Start-up set up costs in Poland in line with OECD average – report

According to the report compiled by ExMetrix, at the end of 2015, the cost of launching a start-up company in Poland was $1,475, which is a value in line with the OEECD average. “The lowest costs were recorded in Central Europe and the Baltic States as well as in North America, while the highest in&...

Locked content WSE launches start-up accelerator

The Warsaw Stock Exchange launched a start-up accelerator with Beesfund crowdfunding platform. The aim of the project is to create potential IPOs for the Warsaw bourse.  WSE hopes that the first floating on the small cap alternative market will happen next year. “We believe that the capital market c...

Locked content mBank to invest €50 million in start-ups

WSE-listed lender mBank has set up a €50 million fund for buying and developing Polish start-ups. “So far if someone in Poland had a good idea the best advice was to buy a ticket to San Francisco or London and develop your idea there,” Jarosław Mastalerz, head of the fund, said, explaining that the ...

Locked content Business Link to invest PLN 100 million, mulls IPO

Start-up accelerator Business Link Poland,plans to invest further PLN 100 million in developing start-ups and is talking with potential investor. The company doesn’t rule out IPO as well, its co-founder Jacek Aleksandrowicz told ISBnews. The company currently has 13,650 sqm of office space and...

Locked content Silesian start-up funds program to expand

A new program will provide a total of PLN 194 million for entrepreneurs starting businesses in Silesia, and will prioritize funding to those in the key fields of IT, medicine, and energy, the Silesian Center for Entrepreneurship (ŚCP) told the press on Thursday. “It’s a good time to plan...

Locked content New start-up program being launched by Orlen

Orlen announced on Friday that it will open an internet platform on which entrepreneurs can propose their ideas for innovative solutions directly to the company in any one of its energy, manufacturing or marketing and sales areas, a company statement released to the Polish press said. The platform w...

Locked content New start-up fund will grant PLN 62 million to 10 accelerators

The Polish Agency for Enterprise Development (PARP) has organized a pilot project which will see 10 companies receive, collectively, PLN 60 million, the Polish press reported on Monday. The goal of the project is to enable start-ups to develop connections with larger companies which, it is hoped, wi...

Locked content Polish start-up among the most valuable in Europe

A Polish early stage start-up from Poznań, Desk.Works, has become one of the most valuable in Europe. Its value has reached PLN 35 million in three months. The project (a mobile application for iOS and Android) appeared in December 2015. Currently Desk.Works enables the reservation of desks (workspa...