Registration and Application Submission

After registering an account with a valid Tax Identification Number (PIB) and email address, submit a completed application questionnaire and the following documents:

• Management resumes and a list identifying key employees or representatives.
• List of existing shareholders and their percentage ownership (capitalization table).
• Brief financial history/records.
• Completed Environmental and Social Screening Questionnaire.
• Ethics self-assessment checklist filled in and signed by the Applicant.
• Financial statements for the most recent operating periods up to two years, if available.
• Investor deck and/or business plan.
• Pro forma financial model.
• Indicative fundraising ask (amount and use of funds, e.g.)

After registering and submitting the application, the IF staff will conduct eligibility checks to ensure their completeness and compliance with the requirements of the program.

Eligibility criteria:

• The Applicant is a legally registered business not older than six years at the time of applying.
• The Applicant is a private sector (at least 80% privately owned), micro or small-sized company.
• The Applicant must be majority owned (>50%) by the founding team of entrepreneurs.
• The Applicant is not listed on the stock exchange.
• The Applicant has not received financing from any other IF financing programme for the same or similar activities
• The Applicant or its affiliated entity did not have revenues over €8,000,000 in any of the prior two years.

Applications that meet eligibility criteria go through the Pre-selection phase carried out by the Selection Committee (SC).

The SC includes 3 external experts with extensive experience investing in startups.

A written assessment is also provided by one external reviewer, a subject matter expert with knowledge of the business or industry in question.

Final scoring, ranking, and selection decisions – including placement into Ideation or Scale-up stream – are made by the SC after live pitches by pre-selected applicants.

The best applications are offered a contract to join the Katapult accelerator and At-entry grants.