INiTS runs a one-year Vienna incubation: a 100-day intensive Startup Camp, then a nine-month growth phase, with a qualification phase before admission. Startups accepted into SCALEup may apply during the growth phase for up to EUR 100,000 of STARTKapital, in return for which INiTS takes virtual non-voting shares at a fictitious EUR 1,000,000 valuation, repaid gradually as the company raises equity. Deeptech and generalist.
Investment
€100,000 (Above Europe & C. Asia median $54.5k · Above global median $61.3k)
Equity taken
10% (Above Europe & C. Asia median 6.5% · Above global median 6%)
Duration
52 weeks (Longer than Europe & C. Asia median 26 wks · Longer than global median 20 wks)