Challenger AI, an international acceleration program for AI startups, has opened applications for its third cohort, Challenger AI 3.0. The program offers a unique opportunity for startups to gain expertise, mentorship, and funding to scale their AI solutions.
The program is open to startups worldwide that are working with artificial intelligence or plan to integrate it into their products. Selected teams will participate in a three-month online training program covering product development, technology, marketing, and fundraising. They will also receive mentorship from leading specialists at companies like SoftServe, NVIDIA, and Veriff.
One of the highlights of Challenger AI 3.0 is the $25,000 grant awarded to the top-performing startup. The grant is provided by the Ukraine-Moldova American Enterprise Fund (UMAEF), a non-profit private equity fund supporting innovation and entrepreneurship in Ukraine and Moldova.
“Challenger AI is a specialized AI accelerator with a powerful boost for development,” says Anton Vashchuk, Director of Innovation, Education, and Entrepreneurship at UMAEF. “We support Challenger AI and the advancement of innovation with the belief that together we can change the world and improve people’s lives.”
Challenger AI 3.0 is an equity-free program, meaning startups do not have to give up any ownership to participate. To be eligible, teams must have a product at the MVP/demo stage and at least three team members.
The application deadline is November 24th, 2024.
Interested startups can apply here: https://www.f6s.com/challenger-ai-3.01/apply
Key benefits of the Challenger AI 3.0 program:
- Comprehensive training: Learn from experts in product development, technology, marketing, and fundraising.
- Mentorship: Receive guidance from experienced business and technical mentors.
- Networking: Connect with investors and potential partners.
- Funding opportunity: Compete for a $25,000 grant.
- Equity-free: Participate without giving up any ownership.
About Challenger AI:
Challenger AI is an international acceleration program for AI startups. The program is organized in partnership with Civitta and Radar Tech, and supported by ESTDEV – the Estonian Centre for International Development.
About UMAEF:
The Ukraine-Moldova American Enterprise Fund (UMAEF) is a non-profit private equity fund that supports small and medium-sized enterprises (SMEs) in Ukraine and Moldova. UMAEF provides financing and technical assistance to help businesses grow and create jobs.
