"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.
Areas of interest
Retail and consumer markets
How can we 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
June 3rdApplications deadline
June 11thStart of the program
June 29th to July 1stFirst bootcamp, in Cluj, hosted by spherik
Mid-SeptemberSecond bootcamp, in Bucharest, hosted by KPMG.
Mid-NovemberThird bootcamp and demoday (in Bucharest).
Keep in mind that
The sooner you apply, the faster we can get in touch and see if we have a match for partnership and acceleration, so you don't need to wait until the deadline.
The program is not requiring your relocation, but short travels every few weeks will be necessary for the bootcamps and maybe other business meetings.
During bootcamps we will meet live all of us for a few days: startups, program team, KPMG mentors. Accommodation and logistics will be provided by us.
In between the bootcamps we will work together, remotely, to support you in your activities and goals set. Off course, in case you want, you could use our offices as well.
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.
As commitment from your side, we will discuss the option of receiving 1% equity stake in your company, during the program.
ProgramDuring the program, each startup will work with the Spherik associates in achieving those goals. Our activities and consultancy will be tailored on your needs. We don't want to burden the startups with unnecessary activities, but instead to focus on work that helps.
The startup will have facilitated access to KPMG resources, offices and employees which can help with feedback 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 findind 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 participate?
There will be 3 mandatory bootcamps of 3 days each, during the program. Besides that, the work will be done on-line if you prefer. As we will set some common goals, based on your startup need, the work in the program will be centered on your startup aims and growth. We don't want to burden the startups with 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?
Depending on the stage your startup is, we will have an opened talk regarding 1% equity stake in the startup as a sign of commitment from your side. We will put effort into the program and work for your startup and we see this as a minimum guarantee from your side as well.