Nation 1 VC launches acceleration program for Czech and Slovak startups

The Prague-based venture capital fund Nation 1 VC has announced the launch of Acceleration Program Batch 2023, a three-month investment program for Czech and Slovak pre-seed stage startups. It comes with a funding ranges from €70,000 to €200,000. 

• Founded in 2019 by Marek Moravec, Martin Bodocky, and Petra Koncelikova, Nation 1 VC is focused on investing in a pre-seed and seed-stage startups operating in the Czech Republic. The firm seeks to invest in the fintech, insurance tech, artificial intelligence, customer tech, ecommerce and travel sectors. Its investments range is from €50,000 up to €1.5 million.
• Acceleration Program Batch 2023 targets early-stage startups with a mission of problem-solving and value creation, including both solo founders and teams. This includes companies that are pre-funding with traction, MVP and prototype-stage projects and even part-time founders with just ideas. 
• To the end of the Acceleration program, the participating companies will be provided with pre-seed funding ranges from €70,000 to €200,000. 
• After signing the agreement, the startup will get access to Nation 1 VC network. The company will provide mentoring, including creating a business plan, pitch deck preparation, MVP finalization. Nation 1 VC also helps to find the right technology partners and connect with new potential customers.