Deep Mentoring and Business Acceleration (DMBA)

AAlchemy Ventures Limited

Cyprus

Service ID:

EP222S2
Service description

DMBA programme provides the following offers and activities: a) Seamless EU Business Setup: Assistance is provided with legal entity registration and opening EU bank accounts, ensuring a smooth, compliant entry into European markets. b) Startup Visa & Work Permit Support: Founders can fast-track their entry into the EU by leveraging company registration services through Cyprus’ startup visa scheme or Business Facilitation Unit, streamlining visa and work permit processes. c) “Doing Business in the EU and Beyond” Programme: This executive education course provides practical insights and strategies for navigating business operations across Europe and international markets. d) Non-Domiciled Tax Residency: Expert guidance is offered to optimise tax benefits for both founders and employees by securing non-domiciled status, helping startups maximise fiscal efficiency. e) Innovative SME Status: Startups can unlock tax incentives and enjoy exclusive discounts by obtaining innovative SME status, positioning them competitively in the market. f) Founder-Focused Mentorship: Tailored, hands-on mentoring is available to support startup growth, leveraging the expertise and network of AAlchemy Ventures to drive early-stage success. g) IP Box Advance Rulings: Expert advice is provided to maximise intellectual property-related tax benefits, ensuring startups fully capitalise on their IP assets. h) Investor Days: Opportunities are created for startups to pitch directly to top-tier investors, angel investors, and strategic partners, accelerating potential funding rounds. i) Corporate & Government Tenders: Support is offered to help startups expand their market reach by targeting high-value contracts through corporate and government tenders. j) Curated Networking: Meaningful connections with industry leaders are facilitated through curated networking events.

Sector
Sector agnostic
Technology Readiness Level
TRL 1 – Basic principles observed
TRL 2 – Technology concept formulated
TRL 3 – Experimental proof of concept
TRL 4 – Technology validated in lab
TRL 5 – Technology validated in relevant environment
TRL 6 – Technology demonstrated in relevant environment
Financial requirements

The programme is offered as equity-for-service model. The regular cost is 4% of equity. EIC beneficiaries are entitled to 25% discount.

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Is this the service you are looking for? If so, you can apply to the service through EIC ACCESS+! Eligible applicants can also get co-funding through the EIC ACCESS+ initiative. Find out more on the project webiste.

Receive up to €60,000 in grants, covering up to 50% of the costs, to access specialised services from the EIC Service Catalogue. Learn more on the EIC ACCESS+ website.