Colabs is a central hub for tech, design and business talent since 2009 initiated by Zsolt Bako, Peter Nagy and Gabor Borbely. They saw a need for a platform to support young entrepreneurs.

Each year Colabs selects the most promising teams to the Colabs program and gives them all the resources that they will need to get their projects off the ground including seed money, mentoring, network, office space. At the end of the program on the Demo day teams present to an exclusive audience of investors to attract follow-on funding.