The first edition of Alpha Hub, the corporate partnership accelerator launched in Cluj-Napoca by Paddy Power Betfair, a company included in the Financial Times Stock Exchange 100, generated the first two exploration partnerships.

The program, which ran from 20 November to 4 December 2018, aimed to identify technologies and products that complement Paddy Power Betfair’s internal innovation initiatives. The Concept is unique in Romania and has been developed and launched in partnership with Risky Business and Techsylvania, Outsourcing-Today reads.

“When it comes to large companies, startups can spend months only trying to get a business meeting. From that point, it may take another year to establish a collaboration. Programs like Alpha Hub can help startups and corporations explore possible partnerships in an efficient and useful way, “said Jennifer Austin, Risky Business Partner.

Alpha Hub’s first edition was dedicated to Responsible Gambling and attracted over 200 applications from 54 countries. The inaugural start-up series accepted in the program includes seven companies, with founders from Romania, Germany, the United Kingdom, Ireland, Greece, Denmark and Turkey. Finally, two startups were selected for exploratory partnerships: Mindway AI and Pamble.