21 December 2018 was a big day for ColFeroX, a start-up supported by the Horizon 2020 project REGROUND. Two of the start-up founders, Dr Beate Krok and Dr Sadjad Mohammadian from the Faculty of Chemistry of the University of Duisburg-Essen (Germany) graduated successfully from the EIT RawMaterials Accelerator – Phase 1.
ColFeroX benefited from a collaboration between EASME (the European Executive Agency for SMEs) and EIT RawMaterials aimed to support impactful and innovative entrepreneurs. When presenting their business idea during the EASME Investors café in Brussels on 12 June 2018 Beate and Sadjad were selected by EIT RawMaterials to participate in the first edition of its RawMaterials Accelerator (Phase 1). During three months, the entrepreneurs worked hard on strengthening and validating their business offering specifically targeting the Raw Materials sector. They were guided through the entrepreneurial journey by Business Development Managers from EIT RawMaterials. Not only could Beate and Sadjad learn the basics of entrepreneurship via the participation in bootcamps and training sessions, they were also challenged along the way via individual coaching sessions. The last step was to deliver a complete pitch in front of a Jury of expert which Beate and Sadjad did successfully.
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