Eleven Accelerator is a program we look up since it’s changing the entrepreneurial scene in Bulgaria. And most importantly, the initiators of the Eleven Accelerator are our close friends, as Maxim, Daniel and Dilyan have attended the last VentureConnect session. 
Eleven is a EUR 12 million venture fund that provides financing to early-stage startups using an incremental investment approach alongside iterative development – thereby, starting with many small experiments, filter out failures, and invest in successes.
Eleven Accelerator, powered by Springboard, is focused on innovative ideas, providing EUR 50,000 for proof of concept during a 3+3 month acceleration program under one roof with the ability for up to EUR 150,000 follow-on seed investment.
For the last months, Eleven Accelerator has been looking for that eleven top startups from the region. And today they announced the lucky winners. It must have been hard as with 500 applications coming their way, choosing was not an easy task.
You can check out a brief presentation of the 11 winning projects here. We especially like KeenSkim, a platform that summarizes web articles & news (highlights the most relevant sentences) developed by Tudor Vlad, Romanian entrepreneur and a dear friend of ours! Congratulations Tudor and good luck to all the startups!
