COINVEST – Startup Investment-Readiness Training CALL FOR PROJECTS FIRST GENERATION – 2014

The WP8 COINVEST Call for projects in pdf format is available here

The Flyer for Startups 2014 COINVEST Call is available here

COINVEST is a regional platform that is building a relationship between high-tech startup companies and investors. It is a part of PACINNO – Platform for trans-Academic Cooperation in Innovation, an international project funded by the IPA Adriatic Cross-border Cooperation Programme.

Aimed at connecting academic, scientific and high-tech projects with the market for innovation, COINVEST will deliver entrepreneurial training to such projects and combine promising business ideas with the “missing” assets for success: equity capital, access to market, and managerial skills.

COINVEST startup investment-readiness training will focus on (1) developing a scalable business model, (2) executing the entrepreneurial vision and (3) communicating such vision to the customers and the investors. Selected projects will receive intensive business model generation and pitch training, and will present their ideas at national demo days in November 2014 in front of regional investors.

The expected outcome of COINVEST startup investment-readiness training is the introduction of high-growth potential startup projects to international investors and establishment and consolidation of fast growing high-tech startup companies in the Adriatic region.

The call for projects is limited to the eight countries of the Adriatic region: Albania, Bosnia and Herzegovina, Croatia, Greece, Italy, Montenegro, Serbia and Slovenia.

The first generation of innovative projects will join COINVEST in October 2014 and complete their training program in November 2014.The pitching of the business ideas will be held at the country-level demo days in November 2014, in front of national and international investors.

The training activities will be executed centrally from Slovenia via an e-platform. Business model generation and pitching training will be delivered in October and November 2014, for a total of 12 blended learning workshops. Each workshop will consist of recorded online lectures and personal one-to-one feedback. Country-level support to the participating projects will be also provided by national trainers.

National demo days will take place at the country level in November 2014. The best projects from each country will also have the opportunity to pitch their ideas at the Regional investment conference to be held in September 2015 in Corfù.

English is the official language of the COINVEST startup investmet readiness training.


Call for projects is open until September 30, 2014. The selection of the projects will be completed and revealed by October 5, 2014.

COINVEST startup investment-readiness training targets high-tech projects, with high-growth potential, preferably from the fields of life science and ICT. Other high-tech and innovative projects are also welcome.

The following innovative projects are eligible to COINVEST startup investment readiness training:

  • already established high-tech startup companies, not older than 2 years (as of November 2014),
  • teams with great business ideas,
  • innovative projects (prototypes, products, and process innovations) pursued by existing SMEs.

An already established company is not a prerequisite to apply. However, projects with traction will have better opportunities in the selection process.

While the registered location of participating companies (startups, SMEs) should be in the Adriatic Region*, COINVEST is open to teams from any country, provided their ideas have a potential to be successfully implemented in the Region.

In each country, an expert group (consisting of national trainers and COINVEST leaders) will evaluate the applications according to the criteria listed below and will select 5 – 15 projects based on:

  • Potential for market growth,
  • Attractiveness for international investors,
  • Traction,
  • Quality of the entrepreneurial team,
  • Industry (high-tech, academic and scientific research projects are encouraged).

COINVEST is committed to gender equality and applications from qualified women are encouraged.

To apply, please fill in the application form available at or visit and The deadline for application is September 30, 2014.

For more information, please contact Miha Prebil or the responsible person in your country:

Albania: Bruna Nicka, University of Tirana,
Bosnia and Herzegovina: Lejla Turulja, School of Economics and Business, Sarajevo,
Croatia: Tihana Trsan, Faculty of Medicine, University of Rijeka,
Greece: Ilias Pappas, Ionian University, Corfù,
Italy: Aleš Pustovrh, University of Trieste,
Montenegro: Vladimir Vulić, Faculty of Economics, Podgorica,
Serbia: Dejan Paunović, Mihajlo Pupin Institute, Belgrade,
Slovenia: Miha Prebil, Cobik,

*IPA Adriatic Cross-border Cooperation Programme’s eligible area:

Albania: Fier, Durrёs, Lezhё, Shkodёr, Tiranё, and Vlorё,
Bosnia and Herzegovina: Bileća,Čapljina, Čitluk, Gacko, Grude, Jablanica, Konjic, Kupres, Livno, Ljubinje, Ljubuški, Mostar, Neum, Nevesinje, Posušje, Prozor/Rama, Ravno, Široki Brijeg, Stolac, Berkovići, Tomislavgrad, Trebinj, Istočni Mostar. Territorial derogation: Sarajevo region, North-West Region and Central Region.
Croatia: Dubrovnik-Neretva, Istra, Lika-Senj, Primorje-Gorski kotar, Šibenik-Knin, Split-Dalmatia, and Zadar. Territorial derogation: Karlovac County.
Greece: Kerkyra and Thesprotia.
Italy: Gorizia, Trieste, Udine, Padova, Rovigo, Venezia, Ferrara, Forlì-Cesena, Ravenna, Rimini, Ancona, Ascoli Piceno, Fermo, Macerata, Pesaro-Urbino, Chieti, Pescara, Teramo, Campobasso, Bari, Brindisi, Foggia, Barletta-Andria-Trani and Lecce. Territorial derogation: L’Aquila, Pordenone, Isernia, and Taranto.
Montenegro: Bar, Budva, Cetinje, Danilovgrad, Herceg Novi, Kotor, Nikšić, Podgorica, Ulcinj and Tivat. Territorial derogation: Pljevla, Bijelo Polje, Berane, Rožaje, Plav, Andrijevica, Kolašin, Mojkovac, Šavnik, Žabljak, and Plužine.
Serbia: whole territory.
Slovenia: Obalno-kraška regija. Territorial derogation: Goriška regija and Notranjsko-kraška  regija.

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