Prototron: Up to 35 000€ equity free funding and mentoring

Deadline is coming closer:

74
Teams supported

895 000 €
Given for prototypes

21 300 000 €
Raised by alumni teams

<span class='p-name'>Up to 35 000€ funding to start your successful business</span>

Up to 35 000€ equity free funding and mentoring. We help you create a functional prototype and start a successful business!

Support for ideas with potential

Prototron was created to help turn smart and innovative ideas into tangible prototypes to grow into major businesses. Check out those who have already done this!

A versatile prize

Equally important to the 35 000€ funding is the know-how, trainings, advice and useful contacts made during the Prototron program.

Anyone can participate

Applicants may be individuals as well as businesses with projects from all fields, especially: greentech, digitalization of industry, new materials, health-tech and fintech.

Terms and Conditions

Prototron 2020 Spring round timeline

PREPARATION OF IDEA

Think through your idea, read our tips and
Submit your idea until the midnight

25 MAR

APPLICATION DEADLINE

14 APR

TOP 58

Get READY! selected 58 teams participate in a training covering financing, intellectual property, prototyping and sales. Experts from Velvet and Veebimajutus will run landing-page bulding workshop to help you to validate your idea.

12 MAY

TOP 20

WOW – get STEADY! The selected TOP20 teams get a full-day of one-to-one mentoring sessions. Following with Pitch-training and crowdfunding pilot-campaign.

26 MAY

TOP 10

And – GO! Final presentation to the Prototron’s Expert Committee, which will decide the winners.

28 MAY

WINNERS

Winner takes it all: up to 35 000€ equity free funding for prototyping, incubation at Startup incubator, R&D mentoring from TalTECH and legal aid form Hedman. The winners will be announced on May, 28th.

Prototron 2019 Autumn fund is baked by Swedbank Estonia, Taltech, Tallinn Science park Tehnopol , Tallinn city, BuildIt Latvia and Samsung Electronics – 65 000€ in total! Extra funding up to 10 000€ can be provided by Elering for energy BigData projects and Utilitas for projects in environmental technology.

SUBMIT YOUR IDEA

Expert Committee

Heidi Kakko In
EstBAN

Henrik Roonemaa In
Geenius veeb

Liisi Himma In
Swedbank

Madis Raukas In
Osram

Yrjö Ojasaar In
Solon Partners

Jaanus Tamm In
Defendec

Andrus Oks In
Tera Ventures

Priit Rohumaa In
Nutshell

Renno Veinthal In
TalTech

Erik Puura In
University of Tartu

Indrek Orav In
Tehnopol

Prototron Alumni

Name of the team: Lingvist

Grant from Prototron: 9,900 eur

Year of investment: 2013

Lingvist is the first language-learning tool to harness the potential of technology and computational science to decrease learning time significantly and help you learn effectively.

Name of the team: GlobalReader

Grant from Prototron: 5,600 eur

Year of investment: 2015

GlobalReader provides real-time monitoring of manufacturing machines helping to boost productivity of critical equipment and reduces downtime.

Name of the team: coModule

Grant from Prototron: 10,534 eur

Year of investment: 2012

a vehicular platform, monitors the battery parameters of electric vehicles and displays the information on its users' phones.

Name of the team: Shipitwise

Grant from Prototron: 7,000 eur

Year of investment: 2016

Shipitwise is automating the logistics domain and makes it possible for anyone to organise shipping of anything to anywhere. Making various logistics service providers virtually co-operate in side our platform, Shipitwise builds logistics chains from scratch with various first and last mile couriers, packaging facilities, transit companies, customs brokers and insurance companies.