K4S6 is a novel type of incubator focused exclusively on the Albanian-speaking market. Our unique dual-track approach caters to a diverse range of innovators.The "Startup Track" is designed for individuals or teams who already have a business idea. Here, we offer substantial investment, resources, and mentorship to transform your concept into a thriving startup. Whether it's technology, healthcare, or any other sector, we provide the capital and expertise needed to scale your vision to new heights.
For those at the idea generation stage, we present the "Fellows Track". Unlike traditional incubators, we understand that great ideas need space to grow. This track is for dreamers and thinkers who haven't yet solidified their concept. We provide donations and a nurturing environment to explore and develop groundbreaking ideas, free from the pressure of immediate commercial viability.
If you are an existing startup, you apply for the Startup Track. And if you are looking to come up with an idea, you apply to the Fellows Track.
For the Startup Track, funding ranges from $25,000 (twenty five thousand dollars) to $250,000 (two hundred and fifty thousand dollars) depending on the maturity of the company. For the Fellows Track, funding is a flat fee of $5,000 (five thousand dollars) per year, guaranteed for two years, with an option to renew for an additional two years if there is demonstrated progress towards materializing an idea.
K4S6 is not just funding. That is only the first step. After joining through the Startup Track or Fellows Track, you are invited to a private network where you will be provided with best-in-class support from both the K4S6 team as well as other program members. As you build your team or explore your new ideas, you will be provided with advising, recruiting, and introductions to help you expand your network and build your business, both in Albania and internationally.
Yes. Albanian fluency is a must. We also believe that English is key to a presence in the global stage, and thus we require all applicants to display conversational competency.
The application is considered holistically. The important factors are educational background, work experience, and -- most important of all -- drive to build the future.
The funding structure is a flat fee of $5,000 (five thousand dollars) per year, guaranteed for two years, with an option to renew for an additional two years if there is demonstrated progress towards materializing an idea.
Yes. K4S6 features two tracks for applicants: the Startup Track and the Fellows Track. If you don't have a concrete idea in mind, then you can apply to become a Fellow. You don't need to be a technologist, a developer, or an engineer, you just have to have a strong passion for building something great in Albania.
The minimal condition for application is typically a minimally-viable product. You do not need to have accumulated a user base, although it helps. What matters is that you have clearly demonstrated the ability to go from "zero to one" with your idea. In other words, the ability to take steps more than just some idea on paper. We want to see a demo, an mvp, or something similar.
Funding ranges from $25,000 (twenty five thousand dollars) to $250,000 (two hundred and fifty thousand dollars) depending on the maturity of the company, with a fixed equity stake of 10% of the company.
