The European Startups Universe incubator was brought to Romania by ROTSA, with the Romanian technology startups at the beginning of their journey, either incorporated locally or in the diaspora, to have February 28 as their registration deadline, according to to a press release sent on Monday.The European Startups Universe is a parallel incubation program operating in 11 EU countries: Romania, Greece, Spain, Croatia, Cyprus, France, Hungary, Italy, Luxembourg, the Netherlands and Slovenia. It takes 6 weeks to complete it, starting with March 2022.The initiative is officially supported by the European Commission's Commissioner for Innovation, Research, Culture, Education and Youth, Mariya Gabriel, and the European Committee of the Regions.In Romania, the initiative is implemented by ROTSA - Romanian Tech Startups Association, a non-profit organization that aims to promote, support and represent the interests of technology startups in Romania, regardless of vertical."It is our organizational mission to bring together the key players in the national ecosystem of technology startups, facilitating their communication and creating connections and partnerships between them. We are glad that we were selected to implement this programme at the national level because we have thus a better opportunity to support the initiatives of internationalization startups and to identify sources of financing to help them to grow," stated Cristiana Bogateanu, ROTSA executive director.The programme is aimed at all tech startups in the EU and aims to connect hundreds of startups at the beginning of the road with experts, founders of unicorn startups, investors, VCs, etc.The activities of the programme will take place online in March and April, during which time each team or founder of an early stage tech startup in the EU will have access to funding opportunities, the possibility of scaling to other EU countries and opportunities to find new customers.The incubation programme, organized nationally by the countries involved in the programme, will be followed by sessions with Angel-type investors at the European level, which will be handled by European Startup Universe HQ, the initiator of the project.
Associates of the fugitive Moldovan oligarch Ilan Șor were urged to vote for far-right candidate George Simion in the presidential elections in Romania back in May, according to the General Inspectorate of Police of the Republic of Moldova. Moldovan police made public several messages discovered on the phones of those close to Ilan Șor as […]
The month of July was nearly 2 degrees Celsius warmer than normal in Romania, with temperatures exceeding 43 degrees Celsius in the southern Oltenia region and over 40 degrees Celsius in Transylvania. Eleven new heat records were set, and there were also intense rains as well as severe hailstorms, according to the climatological summary published by […]
Romania ranks last in the European Union in terms of circular material usage, with a rate of just 1.3%, according to 2023 public data analyzed by Clean Recycle experts. Comparatively, countries such as the Netherlands (30.6%), Italy (over 20%), and Malta lead the EU rankings. A circular economy is a model of production and consumption […]
A new edition of Art Safari will take place from September 5 to December 14 in Bucharest, featuring a diverse program of art exhibitions. Highlights include "Paris Pallady," showcasing over 70 works by Romanian artist Theodor Pallady alongside pieces by Henri Matisse, in collaboration with Paris museums Musée de l'Orangerie and Musée Henri Matisse, the […]
According to a recent announcement from the Ministry of Foreign Affairs, Romania endorsed the Joint Declaration on the Security and Resilience of Submarine Cables in a Global Digitalized World, in coordination with the United States and European Union partners. The diplomatic effort takes place as allies are concerned with sabotage incidents, cyberattacks, and other forms […]
The media and entertainment industry in Romania is projected to experience steady growth over the next five years, driven primarily by the expansion of digital segments. According to the latest PwC Global Telecommunications, Entertainment & Media Outlook 2025-2029 report, the sector is expected to grow at an average rate of around 2% annually, reaching a […]
