The document summarizes an incubator fund called The Open Fund that provides brainpower, community, funding, and advisory support to startup teams. It accepts proposals from teams of 2-4 individuals with disruptive business ideas, especially in software and web. Selected startups will receive hands-on mentoring and networking opportunities, €20-30k in funding for 20% equity, and support over a 4-month incubation period to help them start and grow. The first call for proposals closed in September with over half of applicants from Greece and representing 20 countries total. Interviews and startup presentations will take place in November with the next round opening in December.