Innovative companies have a chance to win 1M EUR in CEE Scaleup Challenge

Innovative, fast-growing companies from Central & Eastern Europe have a great opportunity to win 1 million euro in CEE Scaleup Challenge, the biggest online scaleup competition in the region.

Vestbee, the leading regional matching platform that connects global VC funds, corporates, accelerators and business angels with startups and scaleups from Central & Eastern Europe has just launched the biggest regional online competition – CEE Scaleup Challenge. (

Innovative, fast-growing SMEs from Central & Eastern Europe that will apply before June 9, can win among others 1 million euro investment from Next Road Ventures and online global media package provided by CISION. One of the special prizes is a fast track to Boostway by InnoEnergy – the program that supports energy, cleantech and mobility SME’s in their growth phase.

The scaleup that gets chosen by InnoEnergy will get the direct support from company’s wide network of experts in the areas of technology development and industrialization, internationalization and market expansion, commercialization and business development, coaching, mentoring and above that fundraising support.

Selected applicants will also get exposure to global investors, corporates and media partners, opportunity to get funded, business development support, media coverage, tickets to many tech events, special discounts and access to different business tools.

CEE Scaleup Challenge is a continuation of the series of online challenges organized by matching platform Vestbee that provides companies with tools to automate and manage fundraising process while offering investors and event organizers solutions for deal flow management.

The previous edition, CEE Startup Challenge which was dedicated to early-stage startups was a huge success gathering 700 applications. This time the Challenge is going to fuel scaleups with the support of many recognizable partners such as Balderton Capital, Notion, Almaz Capital, Innogy Innovation Hub, Talanx, South Central Ventures, Alfabeat, CEE Business Angels Network, Open Circle Capital, bValue, Apex Ventures and Constantia New Business which are also in search of innovative and scalable solutions.