What are the main phases of the Program?
Pre-program Phase The Selection Jury comprising experts from Sopharma Trading and Eleven will review your application to get acquainted with your product / solution and team, and will evaluate [...]
Do you engage with teams and projects from Bulgaria only?
No. In fact, we see true healthtech innovation potential throughout the whole SEE region. Feel free to apply even if you are a company based outside of Bulgaria. Just have in mind that the [...]
If I am a solo-founder do I need a team in order to join the program?
We do strongly believe that a capable team is what makes or breaks a successful startup company. Thus, we are looking for teams with a diverse skill set, market expertise and entrepreneurial spirit.
Would you support a project that only targets the local market, but is very good and can be very profitable?
As a general rule, we believe the most successful startups will be easily scalable and can target global markets. In the beginning, you may be piloting with national clients, but we are looking [...]
Will I get funded after the end of the program?
After the end of the SOinventure program, according to their performance and results, some companies may receive a venture capital funding offer from Eleven.
Do you provide funding for my startup?
No. We do not provide any funding to the startups within the program.
Could you tell me more about Sopharma Trading?
Sopharma Trading is a healthcare provider part of Sopharma Group of companies. The company is the largest by revenue in the Pharma sector in Bulgaria in the last 9 consecutive years in K:100. [...]
Could you tell me more about Eleven Ventures?
Eleven Ventures is one of the leading early – stage VCs in Bulgaria and in the SEE regi on, investing in startups since 2012. With 150 collective investments over 5 years , Eleven’s team [...]
Do you offer accommodation for teams travelling from different countries or cities?
No. We can’t offer accommodation options for the participants. Still, we may recommend some trusted service providers for finding short-or long term accommodation.