Skip to main content

The business accelerator UKIM, through an online conference, promoted its first investment of 100,000 euros in the Macedonian start-up company Elevate Global. The promotion was attended by Fatmir Bitiqi, Deputy Prime Minister of RSM in charge of economic affairs, Kosta Petrov, Director of the Fund for Innovation and Technological Development, Nikola Jankulovski, Rector of UKIM, Aleksandar Stamboliev from UKIM Accelerator and the director of the company Elevate Global, Gjorgji Madzarov.

Stamboliev called on all participants to apply for the open call for applications for support of the UKIM Accelerator. According to him, BAU support includes early stage investments and tailored business support programs, including mentoring and access to international markets, funds, networks and communities. The entire experience and resources of our founders are available: UKIM-INOFEIT, Crimson Development Foundation, RSM Audit Company and the prof. Dr. Dimitar Stamboliev, who together with more than 3000 professors from the oldest university in Macedonia, 25 mentors - successful Macedonians in the world represented through the United Macedonian Diaspora and our international partners can help you realize your business potential.

The director of Elevate Global, Madzarov, told his success story from the start to the solution ready for placement on the world market. The Deputy Prime Minister spoke about the support from the state, Petrov about the continuous support from the Fund for Innovation and Technological Development, while the Rector Jankulovski spoke about the contribution of the academic community in the development of the start-up market.

Business Accelerator UKIM will award two tranches to Elevate Global: an initial investment of € 25,000 and a subsequent investment of € 75,000. BAU will also provide ongoing additional mentoring support to the Elevate Global team and support in conquering new markets. The funds raised from BAU's investment will assist Elevate Global in their ongoing operations, marketing and business development.