Regional Elevator Lab BootcampAlbania and Kosovo 2020

powered by

Raiffeisen Bank KosovoRaiffeisen Bank Albania

in partnership with


About the Program

This program aims to identify and support seed/early stage startups and single founders who have an idea / product / service which might have the potential to turn into an innovative solution that can be applied in the financial sector.

The Bootcamp format offers the possibility of developing a minimum viable product (MVP) with the help of local banking experts. Bootcamps for local startups provide to the startups an educational program and serve as an entry ticket to the startup world. That means that the program is looking for individuals or companies passionate in their idea who have the will and the vision to create a solution that might be valuable to the sector locally and globally.

The Elevator Lab Kosovo & Albania is powered by Raiffeisen Bank International, Raiffeisen Bank in Kosovo and Raiffeisen Bank in Albania, in partnership with the Innovation Centre Kosovo (ICK) and New Media.

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Your Benefits

There are a lot of benefits for you, if you apply in the Regional Elevator Lab Bootcamp Albania & Kosovo, including cash prize, mentorship meetings with mentors of Raiffeisen Bank Albania and Raiffeisen Bank Kosovo, trainings, media coverage & access to the Incubation & Acceleration programs of Innovation Centre Kosovo and Innovate Albania.

For our Bootcamp heroes

  • Cash prize pool of 8.000 €
  • Coaching and Support from Raiffeisen Bank Kosovo & Albania
  • Opportunity to become a partner of RBI Group with the possibility to scale up to 13 CEE markets and Austria
  • Incubation & Acceleration Program from Innovation Centre Kosovo
  • Acceleration Program and mentoring support from Innovate Albania

Who can apply

Aspiring entrepreneurs, financial services professionals and companies, that want to build a successful fintech startup in Albania and Kosovo and looking for local, innovative banking partners.

The fintech-startups offering solutions/ technology for banks and financial services should be active in one of the areas listed below. However, we also welcome any ideas, that might improve the customers overall experience with the bank.

Retail Banking

  • Loyalty
  • Platform Banking
  • Investment Products Optimization
  • Digital lending for SME

Corporate Banking

  • Corporate Lending
  • Corporate Payment
  • Factoring
  • Trade Finance
  • eDocument solutions

Capital Markets

  • Mobile Trading
  • e-Finance Coach (Roboadvisors)
  • Platform Solution for Investment Banking
  • Fund Brokerage platforms

Other Banking Solutions

  • Robotics in internal processes
  • Advance analytics - Cash optimization

Founding a startup is like jumping on a rollercoaster ride, it doesn’t happen fast or immediately bring you success. Those who read between the lines of any startup success story understand that the winners are those who are in for the long game; with a focus on delivering value. We are on a mission to ensure fair and easy access to credit for everyone whenever they need it. For that, we are grateful that our path crossed with Elevator Lab, who acknowledges our vision and efforts. 

AILend

Timeline

The Elevator Lab 2020 program in Albania and Kosovo, consists of different phases:

        1. Application Phase
        2. The Bootcamp Weekend
        3. Pitch-deck Training and Mentorship for Finalists
        4. Pitches and Awards Ceremony
1. Application phase

September 30th – October 26th, 2020

2. Bootcamp Weekend (online)

October 30th – October 31st, 2020

Topics to be covered during the two-day bootcamp will include:

  • Introduction to Fintech Industry (Overview)
  • Business and Financial Model/Plan
  • Various sessions on Growth Hacking, Lean Canvas, Marketing Tactics & Strategy, Investment Assessment, and many more

At the end of the Bootcamp Weekend selected participants will proceed to the next phase.

3. Pitch Deck and One-on-One Mentoring for Finalists (online)

November 5th, 2020

Mentors / Trainers will provide educational sessions mostly on improving the Business Plan and how to prepare a Pitch Deck.

The event will be closed with the pitch competition, where the best startups/single founders will be invited to the Award Ceremony.

4. Awards Ceremony, tbd. Prishtina, Kosovo/online

November 19th, 2020

Selected startups will compete for the prestigious awards in front of the jury, consisting of C-level and Senior executives from the organizing banks and local startup experts.

Demo Day 2018
Demo Day
Demo Day in Vienna

Elevator Lab Jury

The finalists will be evaluated and rated by a jury, consisting of C-level and Senior executives from the organizing Raiffeisen banks in Albania, Kosovo and RBI Head Office as well as local startup experts. 

Raiffeisen Bank Albania

1,838MN


Assets

0.4MN


Customers

1,241


Employees

78


Outlets

Raiffeisen Bank Kosovo

1,062MN


Assets

0.3MN


Customers

862


Employees

47


Outlets