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mideas is a platform for innovation:
It is the place where the idea meets investment
If you have a concept that is not only unique but can also become a profitable business anywhere in the world, mideas will provide funding and the necessary business mentoring that you need to build a globally successful business.
We want to meet talented innovators who think about globally scalable businesses. The goal of mideas is to help achieve business success from round 0. We are a loyal partner that shares the same interests with you: we want to start profitable business locally and abroad that will be sustainable on the long run.
Sounds easy, right? Well, it won’t be but trust us your efforts will be rewarded.
Under no circumstances will we share any information uploaded through the mideas web site with third parties nor will we use that without the involvement and approval of the inventor.
The mideas system automatically creates a Confidentiality Statement where we pledge to treat all shared data and information strictly confidential. Furthermore we state that we will not violate any intellectual property that was shared with us.
Adherence to the Confidentiality Statement is secured by the Pannon Startup Foundation.
What are the conditions for application?
You must be a Hungarian citizen over 18 years of age living either in or outside Hungary. Other nationals are also welcome to apply but they must reside in Hungary.
You must have a good idea that has international potential. Have you already started on the execution? Not a problem, we like self-starters.
We also like and give preferential considerations to students, entry-level candidates and young professionals.
You need to upload all your application data through the mideas web site.
After registration, fill out the downloadable business plan sheet.
Upload the complete business plan and other explanatory materials you may have.
We evaluate two main aspects of your concept: the innovation’s novelty factor and global scalability.
First round results will be sent to the applicants by email not later than 90 days from the application.
The second round includes a personal presentation where the applicants can introduce their idea in detail.
Our experienced team selects the most promising applicants and starts working with them. If the project proves to be viable, our decision makers will provide the necessary financing as well as follow-on investment opportunities if necessary.
Closing of an investment does not mean the end of the mideas program. We continuously support our entrepreneurs throughout their journey.
We work closely with our selected entrepreneurs supporting them with:
The Pannon Startup Foundation acts as the supervisory body of the mideas program. It aims to monitor the processes to ensure that the program’s goals are fulfilled.
Its responsibility includes the protection of intellectual property that applicants share with mideas and what is guaranteed by Confidentiality Agreements furthermore it aims to preserve the ethical nature of the cooperation between founders and other stakeholders.
”We want to create opportunities that we weren’t fortunate enough to get in our early days. We aim to put our financial and social capital in good use by helping entrepreneurs create global value through building fantastic companies. For this aim we roll up our sleeves and work on the ground if needed.”
With an economics degree and almost twenty years of experience in banking and finance Roland is an experienced startup investor who runs The Pannon Startup Foundation, mideas and is the CEO of Hitelpont Zrt.
An expert with economics background and more than 15 years in the financial sector (banking and M&A transactions) György founded and successfully sold companies in IT and media domains. Currently, he devotes most of his time to establishing a solid entrepreneurial culture in Hungary by working in mideas.