Business Forum • 17 June, 2024 at 8:55 AM
Raiffeisen Bank Romania announces the launch of MoonShotX – a unique project on the local market, supporting companies with a turnover between €5 million and €50 million (Mid-Corporate) to scale their businesses regionally.
"MoonShotX represents a strategic project for Raiffeisen Bank Romania, through which we support Mid-Corporate companies in Romania to reach a new level of development and expand their businesses internationally. Thus, we actively contribute to transforming Romanian businesses into success stories at a regional, and why not, global level," stated Cristian Sporiș, Vice-President, Corporate Banking Division, and Member of the Board of Directors at Raiffeisen Bank Romania.
The project, carried out in partnership with InnovX, supports Romanian Mid-Corporate businesses in developing advanced technologies and innovative solutions for Industry 4.0, targeting critical sectors such as energy, agriculture, manufacturing, infrastructure, health, and transportation, ensuring competitiveness and efficiency in the current context, with the potential for regional and global expansion of validated solutions.
MoonShotX will take place from September 2024 to June 2025 and will include the following stages:
· September 2024: diagnostic sessions for selected businesses;
· October – November 2024: in-person and online executive acceleration bootcamps;
· December 2024: Personalized mentoring sessions and know-how exchange;
· February – May 2025: Regional scaling events (in Croatia, Czech Republic, and Hungary);
· June 2025: Pitching session in the United States, held at the international “Select USA Conference.”
"We believe MoonShotX will set a new standard for innovation and business acceleration in the region. The collaboration with Raiffeisen Bank Romania is a testament to our commitment to offering extraordinary growth and innovation opportunities," said Diana Dumitrescu, CEO of InnovX.
The MoonShotX project also benefits from the regional expertise of the Raiffeisen Bank Group. In addition to Raiffeisen Bank experts, participants will have access to an extensive network of leaders from innovative companies such as Microsoft, UiPath, EY, and DLA Piper.