They are available here

Pre-program phase

The Selection Jury comprising from experts from Visa and Eleven will review your application to get acquainted with your product / solution and team, and will evaluate potential matches with Visa/Visa Clients. It will also do an active scouting to find prospective candidates. In case initial fit is identified, you might be invited to an interview by Eleven’s team – the main objective is to validate your interest in participating in the Program and examine the mutual interest for further collaboration throughout the Program Core Phase.

Core program phase (3 + 3)

Main course (up to 3 months)

During the Main course of the Program (up to 3 months; non-residential), you will enter a carefully crafted bunch of workshops, mentoring sessions, networking and design sprints, anchoring Visa’s design thinking methodology and will work to elevate your business model to better fit the defined market challenges. The Program’s objective is to have you at a perfect shape and ready to examine future pilot opportunities with Visa/ Visa Clients with your product/solution being integrated into their offering.

The Main course’s schedule is tailored, depending on your/your mentors’ engagements and does not require you to be full time engaged with the Program within this period.

PoC Support (up to 3 months)

After the Main course, you will be entering in the PoC Support phase (another 3 months), where Eleven’s mentors in residence will guide you to approach the proof-of-concept (PoC) phase faster. You will be working side by side with experienced entrepreneurs who will help you to navigate with speed and ease the enterprise environment.

 

Post-program engagement

After the end of the Core program, you might be selected by Visa/Visa Client to launch a pilot. No matter the outcome, you will become part of our #OneOf11 family where we will further engage your team in community activities, bringing many business opportunities and fellow entrepreneurs for mutual support.

No. We can’t offer any accommodation options for the participants.
Still, we may recommend some trusted service providers for finding long-term of short-term accommodation.

The activities associated with the Visa Innovation Program take place on the premises of Campus X in Sofia, Bulgaria.

• Market access to potential clients and partners across Visa’s global network
• Diverse mentor network involving Visa, Eleven, global fintech industry luminaries and bank experts
• Access to global VCs and angel investors
• Networking and exposure to international events and conferences
• Latest APIs from Visa Developers Platform to supercharge your product
• Masterclasses, design sprints, PoC and pilot support and peer to peer gatherings for practical knowledge exchange
• Opportunity for EUR 100K convertible note or a larger investment by Eleven, considered on a case-by-case basis.

Since the program is non-residential and does not require your team’s presence daily, we do not offer free coworking space.
Nevertheless, as our partners, Campus X can offer discounted prices for their coworking services, either for your entire team or for individual team members.

The program is completely free of charge for the participating companies and there is NO fee or equity stakeholding associated with taking part in the activities.

The program development cycle has a duration of up to three months, depending on the development stage of your company’s products and solutions.

 

1. Startups and scale ups having a market-tested solution
2. An experienced team with an entrepreneurial spirit
3. A solution addressing one of our ‘areas to reinvent
4. Committed and dedicated founders, ready to lead future pilot-centred project

The Visa Innovation Program is a collaborative initiative between Visa and Eleven Ventures.The Program is inspired and backed with knowledge and expertise by Visa and it is run by Eleven and within its community.