It’s always great when we get the opportunity to be the bearers of good news. Even greater if said good news has the potential to greatly benefit the local tech and startup community.

That’s why we’re excited about the Varyence Passport Fund Program!

To remind you all, Varyence was founded in 2012 in New York and was initially focused on commercializing the products of American companies at an early stage of development.

Being a multinational company founded in the United States of America, aside from the US, they also have offices in Ukraine and Croatia. Nowadays, the company is run by two American and one Ukrainian partner.

They currently have over 100 employees who help clients with the commercialization of software products, web and mobile device development, AI/ML/IoT, cyber security, and cloud infrastructure services.

They are also members of the Split Tech City community!

In their own words, they joined Split Tech City to connect with the local tech community, attend local tech events, make new friends, and raise awareness of various positions that exist at Varyence by supporting some cool community projects.

And with more than a million hours of experience in technology projects, they have decided to realize a cool community project with a little help from Split Tech City!

The project in question – named Varyence Passport Fund Program – is a program created by the Varyence team specifically for startups.

Armed with their extensive knowledge and experience, as well as a love for entrepreneurship, community building, as well as building and growing businesses, the Varyence team can offer you the following:

• provide much-needed funds to turn business ideas into revenue-generating businesses
• help you by making introductions to potential investors in the United States and Europe
• guide you to avoid mistakes they have already made and learned from during their entrepreneurial years
• offer expertise they have acquired by taking numerous companies from concept to profitability
• give you access to the know-how of the Varyence team which is composed of experts in development, product commercialization, marketing, sales, strategy, accounting, finance, etc.
• support your idea with everything you might need – from office space to work from to funding for developers to go to market strategy for your product

Why are they doing this? The reason is simple: they want to help you turn your ideas into something successful!

Is there a catch? No! You do not pay anything to Varyence as this is not a training program. The Varyence team is just looking for good businesses to invest in.

With the Varyence Passport Fund Program, the team generally invests between 50,000 to 250,000 Euros in cash and resources in exchange for equity in your business.

You can get more information about this program and the application process at the official website of the Varyence Passport Fund Program.

Or, you can join us at the upcoming event we’re preparing together with the Varyence team. Or both!

Whatever you do, make sure you seize this amazing opportunity!