"We're looking to partner with B2B startups active in domains where we have expertise and clients. We see a lot of potential of improvement with the technology wave and we want to take advantage of it, together with startups we can align with." - René Schöb, Partner at KPMG in Romania.
Technologies of interest
Social Media Marketing for Services Firms
Intelligence Apps and (Data) Analytics
(but not exclusively on these)
IT and Telecom
B2B Professional Services
Retail and Consumer Markets
Legal, Compliance and Regulatory Services
You can apply here until November 3rd.
How can KPMG Romania and Spherik help
Domain/industry expertiseAs a company, KPMG has expertize and clients in many areas and can help you understand the industry you are targeting much better and help in making strategic decisions.
Worldwide market accessKPMG has regional and worldwide network with locations in virtually all countries. Local and international expertise in all relevant industries and leading topics and challenges.
Access to investors and fundingThrough the joint network we can connect you with many angel investors or venture funds depending on your needs. As well, we are to open invest in your startup ourselves
Product supportAlong the years, we've worked with over 50 startups on various matters and we ready to share the skills and expertise with you and your team
November 3rd, 2019Applications deadline.
November 15th, 2019Agree on collaborations.
November 2019 - March 2020Working with KPMG Romania staff and Spherik team.
March 2020Demoday in Bucharest.
Keep in mind that
The sooner we get in touch, the faster we communicate and see if we have a match for collaboration, so you don't need to wait until the deadline. This program is not an acceleration program, so there will not be educational activities/workshops, but more one-to-one consultancy.
The program is not requiring your relocation, but short travels every few weeks will be necessary for business meetings. In between the meetings we will work together, remotely, to support you in your activities and goals set.
How does it work?
SelectionIn the process of selection, we will align together on common goals to be achieved during our program.
These goals will vary a lot depending on your status and needs.
The participation doesn't not involved any equity or investment upfront. We could discuss investment during the activities/collaboration.
ProgramWe don't want to burden the startups with unnecessary activities, but instead to focus on work/communication that pushes things forward.
The startup will have facilitated access to KPMG Romania's resources and knowledge and to Spherik's mentors and connections.
FollowupThe aim is to develop a long standing business partnership and help you further after the program.
Towards the end of the program, we can look into finding the right investor(s) for you. KPMG is opened to invest and is willing to be among the first ones to propose investment offers for the startups in the program.
Frequently Asked Questions
1How much time will it take to be involved?
As we will set some common goals, the involvement will be centered on those goals and exploring the partnership. No unnecessary activities, but instead to focus on work that helps.
2What are the milestones? How do we set the objectives?
During the selection process and soon after we will have several calls/meetings to discuss the possible objectives and agree on them. The milestones/objectives can be related to product, growth, investment or anything else you consider relevant.
3Do you offer investment upfront?
We want first to see how we work together, how your team functions and how fast can you move, of course with our support. On the way, we will facilitate connections with investors and venture funds. KPMG is also opened to invest and is willing to be among the first ones to propose investment offers for the startups in the program.
4Do you take equity?
No. In case we see that we can develop a stronger collaboration in some areas which requires extra effort, then we might go on and discuss the topic of investment and equity.
Let us know if you have any questions