Search for...

Applications Now Open for Endeavor’s Dare to Scale 2023 Program

Dare to Scale 2022 cohort - picture
Image credit: Endeavor Bulgaria: The 2022 cohort of Dare to Scale
, ~
  • Endeavor Bulgaria is set to organize its Dare to Scale (D2S) growth program for the fifth year in a row.
  • Bulgarian companies with annual revenues exceeding €100k (BGN 200k) and up to 150 employees can apply for the program at this link.
  • The deadline for applications is April 30, 2023.

The program is open to companies across all economic sectors and regions in Bulgaria that already have a proven product or service on the market. Entrepreneurs who submit their applications will undergo a selection process, during which the Dare to Scale team, mentors, and business leaders from the Endeavor network will select the final participants. Just like in 2022, when BESCO – The Bulgarian Entrepreneurial Association participated in the program, one spot is reserved for an NGO.

Endeavor Dare to Scale: Traction so far

To date, more than 80 entrepreneurs from 43 companies have taken part in past editions of Dare to Scale, with seven of them receiving funding totaling over BGN 3 million.

In 2022, 40 mentors collaborated with the participating companies. Two of the companies secured funding from a D2S alumni participant, and strategic partnerships were established between individual companies. Workshops featured top speakers such as Vasil Terziev (Managing Partner at Eleven Ventures), Svetozar Georgiev (co-founder of Telerik Academy and Campus X), Vince Gaydarzhiev (founder of, Hristo Hristov (CEO of Darik Radio), Filip Popov (Head of Small Business Banking Division at Postbank), among others.

The Dare to Scale program in 2023

The fifth edition of the program will run from September, beginning with an Orientation, and will conclude in December with the final Demo Day pitching event. Company founders will have the opportunity to attend specialized training sessions in essential areas for scaling a business, including organizational management, marketing and sales, business planning, and fundraising.

Each participating company will gain access to Endeavor’s local mentor network, who will provide entrepreneurial expertise and support to the founders.

Read more:  SeedBlink x The Recursive join forces for a summer event: Democratizing access to startup investments in Bulgaria

Moreover, for the second consecutive year, partners and directors from PwC Bulgaria will work individually with all participants, holding regular mentoring sessions to help entrepreneurs tackle key scaling challenges and identify opportunities.

Participants will have the chance to attend events where they can network with key figures in the Bulgarian entrepreneurial ecosystem. The program will culminate in the Demo Day event, where companies will present their businesses to a panel of established business leaders.

“We are delighted and honored that the Dare to Scale program continues to be a vital part of the entrepreneurial ecosystem in Bulgaria for the fifth year running. This year, we will select a new group of driven and innovative entrepreneurs who are not only transforming the economic landscape of our country but also reshaping our society. Through the program’s training, mentoring, and events, we aim to expand their knowledge and prepare them to elevate their businesses to unprecedented levels. We are thrilled to offer the resources, experience, and mentor network necessary to support startups in advanced stages of development on their growth journey,” says Momchil Vassilev, Managing Director of Endeavor Bulgaria.

Thank you for reading The Recursive!

Over 1 million people from all over the world have learned about the tech ecosystem in Central and Eastern Europe thanks to The Recursive. In order to keep our content free for everyone, we need your help. If you believe what we do is important and have the means to do so, support us in giving a voice to Central and Eastern Europe with as little as €7. Thank you!

DONATE Keep reading this article

Help us grow the emerging innovation hubs in Central and Eastern Europe

Every single contribution of yours helps us guarantee our independence and sustainable future. With your financial support, we can keep on providing constructive reporting on the developments in the region, give even more global visibility to our ecosystem, and educate the next generation of innovation journalists and content creators.

Find out more about how your donation could help us shape the story of the CEE entrepreneurial ecosystem!

One-time donation

You can also support The Recursive’s mission with a pick-any-amount, one-time donation. 👍