A Trove of Technical Talent Distinguishes New Entrepreneurial Incubator
BUCHAREST, Romania, June 13, 2012 /PRNewswire-USNewswire/ -- Romania's newest entrepreneurial incubator, the Digital Catalyst Fund, has formally announced today the full range of technical talent it will make available to the entrepreneurs it is sourcing from technology hotbeds in the United States and Europe.
Resolving one of the toughest challenges for tech start-up companies, the Digital Catalyst Fund has announced that it will provide two full-time technical people for every entrepreneurial team selected to join the incubator in Romania.
In the words of Emi Gal, an Advisory Board member, Romanian entrepreneur, and the CEO of Brainient, access to the level of technical talent that the Digital Catalyst Fund has committed to providing, "is the difference between success and failure. Once entrepreneurs have this type of support to turn their visions into reality -- and don't have the pressure to fundraise in order to develop a prototype -- high-potential startups will now become possible, more quickly and cheaply."
For the first time in the history of any incubator, Digital Catalyst Fund will also allow each entrepreneur to select the leading member of their technical team, who will join him or her full-time; the salary cost for the technical team will be fully covered. All members of this technical team will have at least four years of experience in LAMP (including Linux, Apache, MySQL, and PHP), as well as Java, or Ruby on Rails or Python and Django.
Business incubators have typically stressed the provision of office space, as well as of secretarial and business advisory support. By providing 24/7 access to technical talent to entrepreneurs selected for each three-month term, the Digital Catalyst Fund expects to help to galvanize new entrepreneurial visions into material reality. "This is not about just one more incubator program," notes Gal. "This is the incubator that finally solves the problem – how to connect an entrepreneur's vision with the software and engineering technology talent that can really make a difference."
Applications are being accepted from entrepreneurs worldwide now through July 15th. Apply for the program at digitalcatalystfund.com. Applicants will be selected in early August for an inaugural residential session that will start at summer's end.
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About Digital Catalyst Fund: Digital Catalyst Fund is a Bucharest-based early-stage business incubator dedicated to bringing together the brightest minds in business, marketing, and technology, and combining them with local developers' talents in order to create the most interesting and engaging digital startups imaginable.
SOURCE Digital Catalyst Fund
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