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.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
