On November 29, 2022, as a part of the second and final phase of the accelerator, we had a unique opportunity to participate in the InnovX– BCR Demo Day, a final showcase where the top 10 innovative startups had a chance to present their products and their stories to the Day Startups Alliance jury.
InnovX joined forces with BCR, one of the most high-powered banks in Romania, under the umbrella of Erste Group. BCR and Innovx created one of the most ambitious hubs for entrepreneurial innovations in Central and Eastern Europe.
Winning first place not only sparked interest and secured public intention to invest from Fortech Investments fund but also undisputedly demonstrated that privacy is one of the hot topics in boardroom discussions, and there is a need in the market for innovative solutions like Data Privacy Manager.
“Almost 200 startups from the region applied for the InnovX BCR program. Being among the top 16 who were accepted into the program was a great success, and this success at the end of the program looks unreal,” said Dražen Oreščanin, one of the co-founders and Legit Board Member. “At Demo Day, the jury emphasized several times how important privacy is both now and in the future, and we are sure that Romania, with its strong economy and 20 million people, is a very prosperous market for us.”