BNL Start Partners and Hiventures have just signed a cooperative agreement recently, in which we settled to provide professional support to early-stage projects and startups who took part in the Preseed Investment program of Hiventures.
Hiventures aims to invest in and support pre-seed, seed and growth stage companies through their venture capital programs, thus helping pre-established or young, R+D+I focused companies to succeed.
Their Incubation (Pre-Seed) investment program focuses on micro-enterprises, where the product or service idea already exists, but the final concept development and business content is yet to discover and evolve. The program provides a standard 9 million HUF (approx. 29 000 EUR) capital to each business, whereat they request a 9% share in the invested company in return. BNL Start Partners acts as a mentor and actively supports the growth of the selected startups with professional consultancy, networking and incubation services.
We have already been introduced to several promising startups and we are pleased to inform you that we signed our first mentoring contract with HEXA VR Kft. They came up with a unique simulation platform that can make you feel like you are an aviator, professional racing driver, master of a ship or a motorcycle racer. No wonder why we’re thrilled about this! This is a computer peripheral with a related software. As opposed to those yet on the market, this one – along with the sound and visual effects – makes the user experience even more realistic with the movement itself. The prototype is done, now the main focus is on the branding and stepping into the market.