ONDO lands among the 22 companies selected to join BeamUp lab program
We are glad to share with you that ONDO has been selected among the 22 companies (from a total of 1500!) to take place in this year’s, second edition of the program stimulating and promoting the growth of Bulgarian companies – BeamUp lab.
BeamUp lab is a program for promoting and encouraging the growth of Bulgarian startups, small and medium-sized companies. It is an initiative of the Bulgarian Stock Exchange under the auspices of the Ministry of Finance implemented in partnership with the Fund of Funds, the Bulgarian Development Bank, the European Bank for Reconstruction and Development, the Bulgarian Association of Licensed Investment Intermediaries and the Bulgarian Startup Association.
The goal of the program is to distinguish promising and innovative Bulgarian companies with sustainable business models, to make them visible for potential investors as well as to strengthen their knowledge of the financing opportunities.
The program is a cycle of four strategic meetings, during which all financing opportunities are introduced to the companies so that they can invest flexibly and successfully in their development and growth. During the meetings the companies share experience and best business practices, receive mentorship from highly qualified experts from the partnering organizations and institutions and communicate professionally with them in a non-formal environment.
Approximately 20 startups, small and medium-sized companies get selected to participate in the program. Those companies get chosen from about 1500 companies using a special methodology of the Bulgarian Stock Exchange.
We are very excited that the potential and stable growth of ONDO have been recognized by the program jury. We will be looking to take full advantage of the program and the know-how it offers, in view of the followup investment we will be looking to secure in the near future.
Thanks to everyone who stands behind the BeamUp Lab program, for the awesome opportunity given to ONDO!