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The Commercialization Reactor's Process

The commercialization experts of our Team are constantly monitoring scientific research and development at the main scientific centers of our region – in NIS countries, Baltics and UK. The technologies with biggest commercialization potential are constantly evaluated and shortlisted for Commercialization Reactor’s events.

Open matchmaking events are held in Riga once a year. Potential entrepreneurs are chosen to be invited to attend these events. They form the pool of the entrepreneurs of the Commercialization Reactor, to be introduced with scientists.

At the “Commercialization Reactor Ignition Event”, innovative, previously screened and evaluated scientific technologies are presented, and teams are established, comprising the scientists and the entrepreneurs from the pool.

The Commercialization Reactor provides a pre-acceleration program to newly established teams, where we assists and mentor each start-up, including attracting a venture capital investor in order to launch commercial operations. As of mid-2018, the Commercialization Reactor launched its own 5 million EUR Fund, for pre-seed and seed investments in startups.

As the next step, the teams join a 3-6 month acceleration program with 50k EUR pre-seed investment, and the best teams receiving a follow up seed investment of 250k EUR. All the teams after graduating acceleration program become lifetime members of Commercialization Reactor’s community, receiving invites to organized events, networking possibilities and information sharing.

For more information and to apply, drop us a line at: info@commercializationreactor.com