STARTUP MOLDOVA - WE GROW IDEAS THAT CHANGE THE WORLD! FIRST NATIONAL PROGRAM TO SUPPORT IT ENTREPRENEURSHIP IN MOLDOVA LAUNCHED

27 July, 10:10

Moldovan startups now have more opportunities to develop innovative products and services with potential benefits for other sectors of the national economy. With the launch of the first National Program to support IT entrepreneurship in the country, they can benefit from access to educational programs, infrastructure, consulting, mentoring, and opportunities to connect to international events and competitions, as well as attract funding sources. This program has been developed within the Tekwill projectwith the support of USAID and Sweden development partners together with the National Association of ICT Companies (ATIC), Moldova IT Park, UNDP, and ODIMM.

Ana ChiriČ›a, director of the TEKWILL Project stated “In the new reality caused by the COVID-19 pandemic, now, more than ever, IT innovations are an absolute necessity, both to overcome current challenges and to combat the economic crisis. We created the Startup Moldova Program to support innovative thinking, the creation of digital services and products, but also intersectoral collaboration. In this way, information technologies will become an important catalyst for stabilization during and after the crisis as new solutions will meet the development needs of sectors of the national economy. At the same time, startups will provide new employment opportunities and models, developing young people's skills and creating new jobs. In this way they will be encouraged to stay at home and use their potential to further develop of the country. Thus, we reaffirm our commitment established with the expansion of the Tekwill Project - to start the revolution!”

Startup Moldova - we grow ideas that change the world!

"Startup Moldova" is a platform for generating, piloting, and implementing new ideas for both the local and global market. The program will map all the actors involved in this field and information technologies will be connected to all areas of public and private interest on local and global markets. The success and failures of entrepreneurs will be put in the spotlight. The program provides a series of actions to enable:

  • connecting actors from different industries, depending on needs - education, business, marketing, technology, financial consulting, mentoring, acceleration programs with national and international expertise;
  • creating mixed products in collaboration;
  • accessing funds to ensure liquidity;
  • receiving extensive assistance for piloting business ideas;
  • connecting with global markets and cooperating with similar programs aimed at digitizing businesses or sectors.

For starters, "Startup Moldova" coversthree major programs which carry out several projects for the development of the business ecosystem based on IT innovations.

The "Digital upgrade" program for collaboration between IT and non-IT businesses provides the development of a series of projects designed to study the most pressing needs of non-IT sectors in day-to-day business (business to business), but also the delivery potential of startups and companies whose activity is based on information technologies. Tekwill will support the collaboration between the IT and non-IT industries which can adapt and progress with the help of innovations (vertically) in the fields ofFinTech, WineTech, AgTech, MedTech, Lifestyle, Data Science, IoT, and e-commerce. Through the program at least 40 companies will benefit from support for the digitization of internal processes aimed at increasing productivity, sales, technology, and e-commerce for the non-IT sectors. To identify the right solutions the Tekwill project, together with its network of partners (ATIC, Moldova IT Park), will mobilize the entire IT community in Moldova. In other words, over 530 existing companies and startups with potential will come to the aid of traditional industries/sectors.

The "Impact" program for the development of key sectors of the economy provides research and identification of problems in strategic sectors of the national economy. The program aims to provide real IT solutions for the development of the sector in general which could later have a major impact on independent businesses such as process automation solutions, improving business tools, facilitating the use of e-commerce, and tools for sale. Subsequently, in the joint working groups consisting of representatives from traditional sectors, experts in their fields and IT professionals, the necessary solutions, services, or products will be analyzed and proposed (possibly even funded). In addition to the working groups, virtual guidance sessions will be organized for participants to understand the new business models and opportunities of the sector. Also, in collaboration with the most important representatives of the sector, dedicated sectoral programs for entrepreneurship education and information technologies will be created and offered.

The "Creative Growth" program for the development of startups provides a series of actions to support startups that have a solid business model, by providing access to education and professional programs, financing, assistance for piloting business ideas, connecting to global markets, and cooperation with similar programs. The program will also create several opportunities for interaction with experts in the field and investors, such as Startup Week, Demo Day, Startup Club, TekwillTravelers, and financing for early stages.

More details about the National Program "Startup Moldova" are available at: https://startupmoldova.digital/


The TekwillProject - The revolution begins!

The Tekwill project is implemented by the National Association of ICT Companies, with the financial support of the United States Agency for International Development and Sweden. "Tekwill" was created in 2017 as a Center of Excellence of the ICT sector in Moldova, with the main purpose of aligning the field with current market requirements. Aiming to contribute to increasing the competitiveness of the IT industry and other strategic sectors of the economy, the center expanded its fields of activity, becoming in 2019 a complex project at national level, with the slogan "The revolution begins!" The basic objective of the Tekwill Project, as a platform dedicated to the progress of the IT sector, is to ensure a major impact on the economic development of the country, by improving the entrepreneurial and educational capacities of society, but also by increasing the research and development potential of educational institutions, in line with the demand in the IT market.

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