There are very few places in the world where you could say that without it sounding like a total joke. Bucharest is one of those places, according to the many foreign friends who’ve visited my hometown. So 12 months ago, together with a few amazing people, I decided to take advantage of it and helped start the Digital Catalyst Fund, a seed fund that finances entrepreneurs and helps them build their technology in Romania.
Fast forward 12 months later and we’ve funded a handful of amazing ideas. We’ve also created a software company owned by the fund (employing about 30 developers), and hired a CEO to run it (this helps us source awesome talent for the awesome startups we invest in). And we’ve even gone so far as buying and decorating a 6,000 square building to host our entrepreneurs. Accelerator-style.
This year, we’re also announcing the Student Summer Boot Camp, an initiative that encourages students to create a startup. Over the next couple of months, we’ll be selecting a number of ambitious young individuals and cover all their expenses to fly, live, build a product (and party) in Bucharest for three months. We’ve even hired a chef who’ll cook for the winners (we don’t really like burgers in Romania).
So if you have an idea and need help building it, apply now. You’ll enjoy Bucharest, you’ll be amazed by our engineers and fall in love with our women.
Later edit: I’ve been told that this post has a misogynistic tint, so I’d like to let you know that we also have plenty of women engineers in Romania. I’m sure you’d fall in love with them as well.