114 startups have applied for the first Technology Incubation call announced by CzechInvest. Almost half of them come from the capital city of Prague and 92% of the total number of submitted projects are under three years old. The first call focused on mobility, creative industries, ecology and circular economy or artificial intelligence. The Technology Incubation project expects to support up to 250 innovative start-ups over the next five years with ca. CZK 850m. CzechInvest plans to issue two to three calls per year.
Source: ČIA news
Prepared by the team of CzechTrade Israel