UiPath on hunt for promising CEE start-ups and scale-ups

UiPath, one of the world’s leading enterprise Robotic Process Automation (RPA) software companies, is on the look out for emerging B2B software automation start-ups and scale-ups in the CEE region and Turkey.

The company, founded in Romania in 2005 but now based in New York, is looking to reward the most promising players and emerging talent in the software automation space with a 50,000 euros cash prize – offered by Microsoft – as well as mentoring hours, technical and marketing support, and access to the company’s portfolio of global clients.

Over the past months, automation has proven to be a key factor in supporting public sector organisations and companies across many sectors to ensure business continuity amid the Covid-19 crisis. From enabling remote onboarding to supporting HR professionals, to helping doctors and nurses gain more time for their patients, to clearing up backlogs for airline carriers, automation has cemented its place in enterprises as a reliable, scalable, and cost-effective tool.

“All great technologies have shown resilience and proven their value in times of crisis,” says Vargha Moayed, UiPath’s chief strategy officer. “We have been driven by a mission to democratise access to automation technology and strengthen the global automation ecosystem. We are happy to be able to provide tangible support to the emerging automation champions in the CEE and Turkey.”

Automation start-ups and early stage companies can submit applications in two categories: Start-Up Automation and Scale-Up Automation.

The first is open to start-ups up to and including seed-stage only, with existing teams of two or more people, which have developed a viable automation product and have obtained a total financing to date of one million US dollars, while the second is open to companies that have a solid team of four or more people and have developed a functioning automation technology they have sold to a maximum of three paying customers, and have obtained to date no more than three million US dollars in funding.

The competition is open to start-ups and scale-ups from Albania, Belarus, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Malta, Moldova, Poland, Romania, the Slovak Republic, Slovenia, Ukraine, and Turkey, and aims to identify new technologies and companies in the region that can have a global impact and strengthen the larger ecosystem of automation solutions.

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