In acceleration mode: EnvolveXL’s 20 teams announced 

In acceleration mode: EnvolveXL’s 20 teams announced 

Envolve announces the first cohort of startups to participate in the EnvolveXL acceleration program 

HealthTech and TravelTech lead the cohort’s 9 different sectors 

 

Athens, March 26th 2024 – Envolve Entrepreneurship (https://envolveglobal.org), staying true to its commitment to fostering innovation and nurturing emerging startups, is proud to unveil the 1st cohort of 20 startups of the EnvolveXL acceleration program. Chosen from a pool of highly competitive applicants, these innovative startups represent the vanguard of startup advancement across various industries. These startups come from 9 sectors and 4 countries, with HealthTech and Travel Tech leading the cohort.  

This flagship program, under Envolve’s Founders Support pillar, is designed to provide startups with unparalleled resources, mentorship, and networking opportunities to propel their growth and scale their businesses, globally. The 20 selected teams will participate in the Bootcamp stage. Subsequently, 15 teams will be handpicked to advance to the main acceleration program. Following its completion, through a Demo Day, Envolve will carefully evaluate and select five standout teams poised for significant growth and impact. These selected teams will have the opportunity to receive investments of up to €265,000 from EnvolveXL’s founding sponsor, Libra Philanthropies (https://libraphilanthropies.org/), through the program’s “Investing for Good” approach.  

We are thrilled to welcome such promising startups to our first EnvolveXL cohort”, said Alexandros Nousias, Managing Director of Envolve Entrepreneurship. “Each of these startups demonstrates immense potential aiming to support the digital and sustainable transformation of the economy. We are committed to providing them with the support and guidance they need to thrive in today’s competitive landscape.” 

Envolve welcomes its first EnvolveXL cohort members (from A-Z):  

 

Throughout the first cycle of the EnvolveXL program, these startups will engage in an intensive 4-month acceleration program, including support from ideation to investment, expert-designed courses, advisory board services, demo days, mentorship, international networking, and investment opportunities. Envolve aims to support 100 high-impact teams in 5 years, with the potential to produce new organizations and economic models that revolutionize the way global business is done, with a focus on digital transformation and sustainability. 

Find more information about EnvolveXL and its first cohort, in the following link: https://envolveglobal.org/envolveXL.   

  

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About Envolve Entrepreneurship:   

 

Envolve Entrepreneurship is a non-profit, business support organization, that has been at the forefront of global entrepreneurial support, since its establishment in 2012. The organization champions founders and ignites innovation through an open startup ecosystem founded on efficiency, transparency, and growth. Envolve acts as an innovation and knowledge hub, offering cutting-edge upskilling, valuable resources, support for founders, and impactful innovation and digital transformation services to the global community.   

Nurturing the next generation of global disruptors, Envolve re-introduces its flagship program, EnvolveXL, building upon the proven track record of Envolve Award Greece. The program has fueled the growth of 37 businesses and has injected over €6,000,000 into the economy, while fostering job creation and economic welfare.   

To learn more about Envolve, please visit:  envolveglobal.org    

 

About Libra Philanthropies:  

Libra Philanthropies, established in 2023 by the Logothetis family as an independent 501(c)(3) foundation, is dedicated to perpetuating and scaling the legacy of social responsibility initiatives carried out by our sister organization, Libra Group, over the past decade. Libra Philanthropies redefines philanthropy by fostering international partnerships, creating innovative programs, and supporting changemakers, to tackle unresolved social needs across the world. The organization is comprised of 10 philanthropic initiatives that include social impact programs, strategic giving, and independent nonprofits that the Libra ecosystem has incubated.  

To learn more about Libra Philanthropies, please visit www.libraphilanthropies.org