The GROW AI provides up to $250,000 in equity-free funding to selected startups and SMEs, designed to support the development and implementation of impactful AI and ML solutions. This funding covers activities such as prototype refinement, market research, and scaling efforts, while participants benefit from a comprehensive 6-month program that includes specialized training, tailored workshops, and one-on-one mentorship.

Eligible applicants must have a functional prototype or be in advanced development stages. Solutions should demonstrate strong market orientation within Europe. Key team members, such as the CEO or CTO, are required to remotely participate in at least 80% of online program activities, ensuring a committed and collaborative engagement.

Projects must focus on leveraging AI and ML. Applicants will undergo regular evaluations to assess progress against predefined objectives and KPIs, such as scalability, measurable impact, and market readiness. Funding will be disbursed in tranches, with an initial advance payment followed by installments tied to the delivery of progress reports and evaluations.

To be eligible, organizations must be registered in a European Union country, the United Kingdom, or Ukraine. Non-profit organizations are not eligible for this funding. Proposals must include a detailed outline of the project’s objectives, a plan for achieving measurable impact, and a strategy for scaling and sustaining operations post-program.

The GROW AI aims to empower startups and SMEs with the tools, resources, and financial support needed to foster innovation and achieve sustainable growth.