Challenger AI Launches Third Acceleration Program for AI startups: prize $25K from UMAEF

Challenger AI 3.0 is an equity-free 3-month international accelerator for innovative startups. This year, the organizers prepared for participants individual mentorship throughout the program, pitching to investors and perks from partners.

Challenger AI 3.0 is opening the first registration wave. Startups from Ukraine and other European countries that have AI solutions or clear plans for AI integration, a product at the MVP/demo level or near this stage, and more than 3 participants in the team can participate.

The main Challenger AI 3.0 goal is to support advanced AI startups and help them in product scaling and investment attraction. In addition, the organizers unite startups, investors, leading innovative companies, specialists, and experts in one ecosystem to find and implement competitive solutions.

“During 2023, Ukrainian startups closed 27 early-stage investment deals worth $21.9 million. At the same time, most developers still need financial support, and half of them believe that their product will work for the benefit of the Ukrainian economy. Our goal is to accelerate their development,” says Harri Tallin, co-founder of Challenger AI 3.0 and partner of the innovation company Civitta Estonia.

The organizers took into account the participants’ needs and requests of the past two editions of Challenger AI. So, this year’s acceleration program will be different from the previous ones. Participants will receive 15+ workshops with leading industry experts, such as Trinity, SoftServe, NVIDIA, Intel, etc. and 30+ hours of individual business/tech mentorship with option on-demand access coaching from session experts. The program Unicorn partner, leading defense AI company Helsing will provide a special expertise.

Also, startups will get the opportunity to pitch to investors from u.ventures, ZAKA VC, Tera Ventures, Change Ventures and attract capital.

“The Challenger AI team has been working with all ecosystem participants since 2021. We see that there are many professional teams with really cool solutions on the Ukrainian market, but they lack market awareness and advice from leading experts in the industry,” explains Yurii-Volodymyr Blavt, co-founder of Challenger AI 3.0 and partner of the innovation company Civitta Ukraine.

Challenger AI partners Harmix, GENERECT, GitHub, HubSpot etc. provide participants with additional perks such as free subscriptions for 3-12 months.

The winner will receive a $25K grant from our partner @UMAEF.

“UMAEF (Ukraine-Moldova American Enterprise Fund, formerly Western NIS Enterprise Fund), which supports initiatives to promote reforms in Ukraine and transformational projects, gladly joined the initiative Challenger AI 3.0 to boost and elevate Ukrainian startups. Our team highly appreciates the potential of young developers from Ukraine and is convinced that their ideas and solutions will benefit the recovery and progress of the Ukrainian economy”, – in UMAEF said.

ChallengerAI 3.0 organized by Civitta and Radar Tech and supported by ESTDEV – the Estonian Centre for International Development.

Registration: https://www.f6s.com/challenger-ai-3.01/apply

First wave deadline: 25 October 23:59 CET.

Spots are limited.

https://www.challengeraccelerator.com/accelerators/challenger-ai
challenger@civitta.com