Czechia's startup ecosystem is growing, with a diversified spectrum of innovative companies sprouting across a wide range of industries. The country's welcoming atmosphere, easy access to capital, and entrepreneurial culture have created a solid platform for businesses to develop and thrive. With a plethora of accelerators and incubators available, they provide valuable mentorship, networking opportunities, and specialized programs to assist companies in refining their business models, developing their products, and scaling their operations. In this article, we have compiled a comprehensive list of startup incubators and accelerators in Czechia. They have been subdivided into applicability for startups in their 'ideation' or 'launch' stages, so you can take a pick at one that suits you best!
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FULL LIST OF STARTUP INCUBATORS AND ACCELERATORS IN CZECHIA
Ideation Stage Startup Incubators in Czechia
The complete list of ideation phase incubators in Czechia:
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Machine Learning
RARE Technologies Student Incubator is a program in Czechia that supports ambitious student entrepreneurs. The incubator provides a one-of-a-kind combination of academic mentoring, hands-on project work, and technical training in the field of data science. Students from both partner and non-partner colleges are welcome to participate in the program, which allows them to enhance their skills and knowledge in a real-world situation. Participants in the RARE Incubator program are coached by industry professionals who aid them in building realistic machine learning solutions to real-world challenges.
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic
SIT Port is a port for tech enthusiasts, aspiring entrepreneurs, and a technology community that supports startups. They offer a forum where technical enthusiasts may meet professional mentors and practitioners. They also provide students and young people with the opportunity to design and organize exciting initiatives in which they may hone their skills.
They provide the required assistance for entrepreneurs building their firms, such as coaching, expert guidance, training, facilities, and funding.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: B2B
The XPORT Business Accelerator is an accelerator that helps startups and early-stage businesses flourish through a variety of resources, mentorship, and networking opportunities. Their accelerator program has been meticulously crafted to equip companies with the information, skills, and contacts they need to accelerate their growth and achieve their objectives. Whether it's refining their business model, building a sustainable development plan, or acquiring capital, XPORT provides specialized help to each company's unique needs.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: BioTech
i&i Prague is a premier bio-innovation center and business incubator in Prague, Czech Republic. i&i Prague was founded in 2017 and is affiliated with the Czech Academy of Sciences. It specializes in assessing the potential of new discoveries in the field of Drug Discovery. The company's goal is to promote and foster breakthrough entrepreneurs in the fields of biotechnology, medical technology, diagnostics, and drug discovery.
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Founder Institute is a global network of accelerators that assists entrepreneurs in developing their ideas into fundable enterprises, with a chapter in Prague, Czech Republic. The program seeks to equip early-stage entrepreneurs with the resources and assistance they need to navigate the hurdles of launching a firm and boost their chances of success. Founder Institute Prague provides a structured curriculum with mentor assistance as well as access to a worldwide network of entrepreneurs and industry experts. Entrepreneurs that participate in the program will have access to the knowledge and assistance of experienced mentors, as well as the ability to network with others in the local startup community.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Lipo.ink is a business assistance platform that provides entrepreneurs and business owners with a variety of services. Their main service, Business Surgery, offers first aid to your company by providing guidance, criticism, and recommendations for your next steps. Lipo.ink also recognizes the hurdles that entrepreneurs encounter, and they provide incubator programs to assist in the transformation of ideas into commercial businesses. They also offer a PlatInn program that is particularly designed to help small and medium-sized enterprises overcome challenges.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
The Innovation Centre of the Ústí Region is a prominent institution committed to supporting innovation and entrepreneurship in the Czech Republic's Ústí Region. They play an important role in the growth of the local economy by offering a wide range of services and resources to startups, small and medium-sized firms (SMEs), and other creative initiatives. Business incubation is one of the primary services offered by ICUR. They provide office space, mentorship, coaching, and networking opportunities to assist entrepreneurs in navigating the hurdles of beginning and expanding a business.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
InQBay Czechia is a startup assistance group dedicated to assisting individuals in turning their ideas into profitable enterprises. Before pursuing the best solutions, they prioritize understanding the customer's wants and challenges. InQBay provides business plan advice to students, academic personnel, and workers of the Czech Technical University (VUT). They also host events such as the Creative Business Cup, a startup competition for the creative industries in which competitors can display their innovative goods or services. The competition aims to assess not only the innovative concepts but also their worldwide viability. Furthermore, InQBay works with organizations such as CzechInvest to provide funding and innovation possibilities.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Green Light Czechia is an entrepreneurial support initiative that seeks to empower budding entrepreneurs in the Moravian-Silesian Region. The program provides a three-month intense curriculum that includes lectures and workshops on important topics including team development, financing, prototyping, marketing, presentation skills, and business planning. Participants in the program will have the chance to network with industry experts and mentors who will be able to give vital insights and help along their entrepreneurial journey. This contact network guarantees that participants have access to industry-specific information and skills, increasing their chances of success. Furthermore, the program allows participants to discover potential investors for their businesses.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Technology
Lighthouse Ventures is an early-stage venture capital firm that focuses on technology initiatives in the Czech market. They offer an accelerator program that is intended to encourage and coach motivated teams with domain knowledge that have ambitious ideas for large markets with a global vision. The two-month intensive program will assist businesses in refining their business models, developing their products, and growing their operations. The program gives entrepreneurs access to a network of subject experts and mentors, as well as connects businesses with potential investors.
Launch Stage Startup Incubators and Accelerators in Czechia
The complete list of launch phase incubators and accelerators in Czechia:
Who is it for: Early startup with a team / Mature startup with a team
Need to have an idea: Yes
Focus: CleanTech, MedTech, FinTech, Cyber Security, BlockChain, AI, Big Data, Cloud
ITACA Business Incubator is a business incubator situated in Prague that supports early-stage entrepreneurs from Central and Eastern Europe (CEE). The incubator functions as a full ecosystem, collaborating closely with investors to find, develop, and grow the most promising entrepreneurs. ITACA offers a variety of tools and support services to startups, with a strong emphasis on supporting innovation and entrepreneurship. Their systematic and intense curriculum geared to boost startup growth, providing access to field experts and mentors who give assistance and experience in numerous areas of company growth.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
BIC Plzeň, founded in 1992 by the City of Pilsen, is a limited-liability company that strives to promote small and medium-sized enterprises in the Czech Republic's Plzeň region. BIC Plzeň provides a variety of specialized consulting services to promote innovation and commercialize R&D. BIC Plzeň provides professional consultancy in funding innovation, technology transfer, and research and development commercialization as one of its major offerings. This assistance assists firms in gaining access to funding possibilities and navigating the complicated world of innovation finance. Furthermore, BIC Plze offers information and advice services to assist businesses in making informed decisions and optimizing their operations.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: AI
Founded in 2017, the AI Startup Incubator (AISI) is a Prague-based incubator with the goal of assisting companies in the field of artificial intelligence. The incubator provides a wealth of tools, experience, and coaching to assist AI businesses in thriving. AISI offers funding, networking, and access to its diversified portfolio of enterprises. The incubator helps businesses with product development, sales, marketing, and other critical parts of business development.
Start It @CSOB
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: B2B
Start It @CSOB is a renowned Czech business incubator and accelerator program, formed as a collaboration between CSOB, one of the country's main banks, and Start It Up, a leading organization that supports startups and entrepreneurship. The program's goal is to offer budding entrepreneurs with the resources, coaching, and network they need to get started. Start It @CSOB provides a structured curriculum to help entrepreneurs through the many phases of growth. This holistic strategy guarantees that entrepreneurs receive the essential assistance and coaching to establish a solid business foundation.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Deep Tech
StartupYard is a seed accelerator headquartered in Prague that promotes and invests in technology businesses, with a particular emphasis on "Deep Tech" firms that solve unique technological issues or tackle problems in novel ways. They provide a 3-month remote mentorship program, a potential for EUR20,000 in initial investment, access to a large network of mentors and investors, and a variety of courses and discussions with industry professionals. The primary aim for companies is long-term growth and success, with an emphasis on customized solutions.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
BOLT Czechia is a business initiative connected directly to O2 Czech Republic. They are not a traditional startup incubator, but they provide funding and access to unique telecommunications competencies. Their offer includes individualized investment and co-investment evaluation, as well as access to sales channels such as 150 stores, 800 call center operators, and 400 business representatives. They also have the ability to reach over 7 million residential customers and companies within their network. BOLT offers advisory services from O2 experts, technological testing, infrastructure access, office spaces, networking with significant companies in the Czech Republic, and more. They are open to all ideas and prefer startups that can benefit from their ecosystem and synergies.
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Technology
ESA BIC Czech Republic, also known as the European Space Agency Business Incubation Centre, is a business incubator in the Czech Republic that offers considerable assistance and resources to fledgling enterprises. It focuses on startups that leverage space technology or are creating new space technologies. ESA BIC Czech Republic, with offices in Prague and Brno, provides a variety of services including office space, consultancy, and technological assistance. They also offer financial options as well as assistance with networking, patenting, and product or service promotion.
Closing Thoughts on Joining a Startup Accelerator or Incubator in Czechia
Czechia has a vibrant entrepreneurial culture that encourages risk-taking, creativity, and innovation. The country's history of scientific and technical achievements, along with its robust educational system, has produced an atmosphere conducive to startup growth. The entrepreneurial spirit is deeply rooted in Czech society, with an increasing number of people eager to take the risk and launch their own businesses. The presence of numerous startup accelerators and incubators assist these aspiring entrepreneurs in starting and growing their firms.