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Eight startups will represent Belgium at StartUp Europe Awards in 2017

  • Creative, Cybersecurity, Fintech, Gastronomy, Green, Smart Cities, Social and Tourism categories are going to be represent at SEUA17

Brussels, 13 of February of 2018. StartUp Europe Awards is promoted by the European Commission and supported by the President of the Committee of the Regions, several members of the European Parliament as Ambassador and it is implemented by Finnova Foundation in collaboration with StartUp Europe.

Digital African Woman is the responsible for Belgium. They are a social enterprise dedicated to the innovation and support for female-led tech business ideation. The Digital African Woman provides our best Master trainers to help startups develop their product and identify investor. We provide the opportunities for these women-led businesses to move from pitching their ideas to pitching a product.

Eight startups will represented Belgium in Startup Europe Awards.

In Creative category Ochola.asbl is the winner. Ochola is a friendly place where you can discover all that Africa has to offer, is also the ideal place to discover new people in love with Africa, and to think together about a better future for this continent. Open to all and in a vision of cultural cohesion, we welcome you around a café to better reflect on the development of the African Continent and the promotion of the know-how of its descendants.

Cyberber Way Finder is going to represent Belgium in Cybersecurity category. This startup helps to create a community of women cybersecurity experts and build up a network of companies that have a need for qualified professionals. Cybersecurity is a social issue. It has the responsibility of keeping our online data safe, and of preventing cyber-attacks from threatening our safety, and critical public infrastructure that provide basic needs such as healthcare and mobility.

In Fintech category, Ewala is the winner. Ewala allows you to send airtime credit to your friends’ and families’ prepaid mobile phone abroad.

Chocolat Guérin Boutron is the Gastronomy representant. They are a prestigious enterprise that today fosters a global awareness where the identity, individuality and cultural diversity of itspartners are not only respected but celebrated.

In Green category the winner is Robin Food. Robin Food store is an application that aims to reduce the food waste of distribution by referencing products close to the final date of sale.

For Smart Cities category Parcify is going to represent Belgium. This startup helps you with your packages, delivering in just a few simple clicks. Parcify connects private senders and businesses to independent couriers that are heading in the right direction, through a crowdsourced delivery platform, to ensure a sustainable, cost effective and convenient delivery of goods.

We Love BXL is the winner in Social category. WeLoveBXL is a brewery of talent. Our mission is to co-create a diverse, dynamic and positive community-driven environment where youngsters can be teased, inspired and stimulated in their personal development process. A physical hotspot to connect in the heart of Molenbeek providing access to a variety of core and hosted recreational and professional activities. Investing in talent and potential by setting up valuable partnerships with relevant stakeholders. Aiming to reach as many youngsters, focused on creating a lasting impact by empowering youth in their socio-economic challenges.

In Tourism, Vindr is the winner. This startup is an online platform where you can choose different Belgian cities and the shops most used by tourists and thus be able to locate them on the map.

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Croatian best 6 startups will be representing this country in the StartUp Europe Awards 2017

  • Edtech, e-Health, Green, Iot, Social and Tourism are the categories in which Romania will take part.
  • PAR Business School is the Croatian Country Manager, they desire to make a change, education as an answer to a need for knowledge and care for the future generations.

Brussels, 24th of January 2018. StartUp Europe Awards is promoted by the European Commission and supported by the President of the Committee of the Regions, several members of the European Parliament as Ambassador and it is implemented by Finnova Foundation in collaboration with StartUp Europe.

In Croatia, Bussiness School PAR is the Country Manager. They desire to make a change, education as an answer to a need for knowledge and care for the future generations. PAR has become known as an innovative international educational centre, professional conference on leadership, the first higher education institution with an entrepreneurial incubator for students and the first sports academy, etc. Apart from the awards ceremony, they had panel discussion, with our dean Gordana Nikolic, Sven Maricic (University of Pula, mentor of Startup Braille Riddles) and Damir Medved (Head Consultant for Ericsson Nikola Tesla). Discussion was about Is Croatia a good country for innovations?

Mathrix is going to participate in the Eurovision of StartUp in the Edtech category. This startups think that education of math in modern age is based on different mathematical techniques and ignores creativity and logic which are primary in understanding mathematics. That causes repulsion towards mathematics instead of new way of thinking and intuition. The idea of project is to change approach in early ages and show the true face of math: it is everywhere around us.

In e-Health, ReDi Isokinetc is the winner. This company wants to improve and manufacture the newest line of very precise diagnostics and rehabilitation devices and become biggest European provider of isokinetic devices to the health-related clinics. Vision is to make therapies affordable to all the patients who need it and to provide them with better quality of life. Device is designed for both diagnostics and therapeutic purposes. This level of diagnostics allows us to have insight in the dynamic state of the knee.

Growncity is the winner of Green category. Their main product is the EcoBox. EcoBox is a mobile food cultivation system integrated inside a shipping container. EcoBox makes food cultivation possible in every part of the world. The EcoBox is 100% mobile and can be deployed on almost every possible location, allowing not only farmers but all people with basic computer and technical skills to set it up anywhere from rooftops of buildings to deserts in the middle east. ”

ePlanet Sport is the Romanian representation for IoT category. ePlanet Sport is a project based on idea to promote sport activities through web platform. Main goal is to connect sport community and to advertise the positive values through sport and education. ePlanet Sports goal is to connect people, people with disabilities, schools, students, sport associations, businesses. Sport events will be easy to track just by sharing events information on our network.

Social category winner is uScope. SCOPE presents first Croatian 3D printed microscope from University of Juraj Dobrila in Pula, Croatia. With special developed software this microscopic device is able to scan and analyse usual objects from leaf’s to other organic samples. Main software was developed by our blind student.

Balkan Roads is the Tourism´s category representation. Balkan Roads is an adventurous travel arrangement that will take you through all the hidden as well as well-known natural, cultural and historical beauties of Balkan peninsula in a tiny, old wreck of a vehicle of Balkan production.

 

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Luxembourg to be represented by 14 selected start-ups in the StartUp Europe Awards 2017

Agritech, Climate, Creative, Cybersecurity, Edtech, e-Health, Energy, Fintech, IoT, Smart Cities, Social, Space, Tourism and Water are the categories which will take part in Luxembourg .

The Country Manager from Luxembourg is Startup Grind, the largest independent start-up community that actively educates, inspires and connects 1, 000, 000 entrepreneurs in over 250 cities.

Brussels, 29th of January 2018. StartUp Europe Awards is promoted by the European Commission and supported by the President of the Committee of the Regions, several members of the European Parliament as Ambassador and is implemented by the Finnova Foundation in collaboration with StartUp Europe.

The Country Manager from Luxembourg is Startup Grid, the largest independent start-up community, which actively educates, inspires and connects 1,000,000 entrepreneurs in over 250 cities. It nurtures start-up ecosystems in 105 countries through events, media and partnerships with organisations like Google for Entrepreneurs. This global community holds monthly events featuring successful local founders, innovators, educators and investors who share lessons learned on the road to building great companies.

In the Agritech category, Evvos has been chosen to participate in the “Eurovision” of StartUp. This start-up designs and develops hardware, firmware and cloud integration services platforms. Their in-house hardware and software teams collaborate to ensure optimal interoperability between sensors, data acquisition devices and software.

In the Climate category, Swirl is the winner. This start-up is working in renewable energies in the digital society.

In the Creative category, Itondo will represent Luxembourg. The itondo app allows people to virtually hang any artwork on their own wall – to scale – so that art can be previewed live.

Trust1Team will represent Luxembourg for Cybersecurity. Trust1Team is an integrator company that provides its own products based on different open source frameworks in combination with their self-developed software, giving the opportunity to governments, enterprises and organizations to digitalise their processes in a secure and trusted way.

Edutech is the winner in the Edtech category. What this start-up does is to set up structures to teach effectively with tablets, as well as the implementation of technological systems for specific cases as a real-time distance learning with networked audio-visual devices or continuing education and pedagogical activities.

Doctena is the Luxembourg company selected for the e-Health category. This app helps people find and book a medical appointment.

Fintech will be represented by Investify. This start-up takes care of your assets according to your own ideas, so you can discover the topics in which you want to invest. Then they do the rest. Digital, flexible, passionate.

AirboxLab is the IoT winner in Luxembourg. They created Meet Foobot, the home air-quality monitor that tells you what is in the air you breathe, and controls your other smart devices.

In the Smart Cities category, Examotive has been chosen. They believe in intelligent automotive mobility solutions. As our cities become ever more congested, keeping people and goods moving is one of the world’s greatest challenges. ExaMotive was founded on the belief that the way vehicles are used must change, so they are working in Project Dragon.

Digital Inclusion is the Social winner. Digital Inclusion is a non-profit organisation that promotes social inclusion through digital technology.

For Space, OQTechnology will represent Luxembourg. OQ TECHNOLOGY satellites have orbits that allow them to scan the entire surface of the Earth offering customers wide visibility of their assets and the possibility to communicate with their sensors and actuators with near-real time communication. Their system is scalable and can accommodate any size of your assets and fleets with minimum intervention.

VR Creative is the Tourism category choice. Their mission is to bring meaningful and deep VR storytelling to life using GoPro arrays.

In the Water category, the winner is WETEQ. This is a vibrant Luxembourg-based cleantech company with a proprietary portfolio of innovative chemistry-based solutions for wastewater treatment. They help customers to reduce costs, increase process efficiency, and be compliant and eco-friendlier by solving their water and wastewater challenges.

 

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Scale-EUp² – ecoSystems Connected to AcceLerate and Encourage European Union start-uPs with high Potential

Scale-EUp2 is a market driven project aiming to scale-up 30 IoT/deeptech start-up through the connection of 4 hubs (Paris area, Barcelona area, Stuttgart/Karlsruhe area, Styria & Carinthia area). The market focus is on 4 emerging application domains of the Internet of Things (IoT)/deeptech: Smart Cities, Mobility, Industry 4.0 and Health and Well-Being.

Six events (called Deeptech4good) will be organized during the project in the 4 hubs to help start-up raise funds (fundraising pitch contests), meet large corporates from the areas (business to business meetings) and get involved in public-funded innovation and R&D collaborative projects (open innovation workshops).

Key actions

  • Screening and mapping high-potential start-up:

The objective is to identify the start-ups with high growth potential, learn how to help them individually, organize coaching sessions to help the start-up fine-tune their strategy and identify the most relevant actions to connect them with strategic partners in the value chain, access emerging markets and attract investment. Meetings with the start-up’s management team will be organized and an online “platform” will be implemented to facilitate the identification of skilled employees and recruitments at both the local and European scale.

  • Facilitating market access:

A methodology will be developed to analyze the value chain taking into account the characteristics of the players targeted in the project, their development strategies, the diversity of technological bricks in the emerging field of “Internet of Things” and the specificities of the 4 applicative domains in the scope of the project to develop concrete, business oriented collaborations between the high-tech start-up. The value chains analysis will allow to organize open innovation workshops and matchmaking sessions, attracting stakeholders beyond the technological perimeter: public authorities, students, researchers, insurance companies, legal representatives…

  • Attracting private and public finance:

After a benchmarking phase at each regional level, a board of private investors will participate in start-up fundraising challenges to evaluate the applications and the pitch sessions during the 6 events organized throughout the project. Moreover start-up will be informed, during the open innovation workshops, of every public funding opportunities at the regional, national and the European level to transform the emerging ideas into collaborative projects.

Six events (called Deeptech4good) composed of 4 main parts will be organized throughout the project:

  • fundraising pitch: 5 start-ups selected by the investors’ board in each of the 4 categories will pitch their project in front of the audience and get feedback from the investors,
  • a matchmaking event with corporate players will focus on providing start-up market access,
  • an open innovation workshop, relying on the needs of the targeted markets and on the results of the value chain analysis, will be organized to facilitate the emergence of collaboration projects between the different stakeholders.

The events will be organized according to the following provisional agenda: 11th July 2018 (Paris – France), October 2018 (Germany), January 2019 (Austria), March 2019 (Spain) June 2019 (France), October 2018 (Germany). We will try to link our events with other major existing events to lower costs and acquire higher exposure.

Key contacts

Organization Contacts Title email
Opticsvalley Karl GEDDA General Manager k.gedda@opticsvalley.org
Opticsvalley Paul STEFANUT Business and Innovation Manager p.stefanut@opticsvalley.org

 

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SEP 2.0: Facilitating Startup-Corporate Partnerships and Endorsing Exits

When compared to international heavyweights like Silicon Valley and Tel Aviv, Europe’s scaleup scene falls short. Few of its startups are able to scale, and even fewer fit to acquire unicorn status. Startup Europe Partnership 2.0 finds its roots in the recognition of this gap.

Funded through the Commission’s Horizon 2020 project, SEP’s first iteration was established in January 2014 at the World Economic Forum in Davos, its objective to transform startups to scaleups by linking them with global corporations, investors, and stock exchanges.

In its second phase of funding, SEP 2.0 takes its initial aim to action.

The project is a partnership between 6 European organizations — Mind the Bridge (Italy), European Startup Network (Belgium), Nesta (UK), ELITE (Italy), Startup Olé (Spain), and Scaleup Institute (UK). Together, the members will organize four Scaleup Summits, all with the same intent: facilitating startup-corporate partnerships, increasing international visibility for European scaleups, and fostering exit opportunities (IPOs in particular).

After scouting upwards of 20,000 scaleups, Summits will host 75 each, totalling 300 participating scaleups. This is alongside an undetermined number of corporates and investors. Verticals are pre-determined, with the objective of increasing likelihood of successful business partnerships. For the first go-round, to be held in Milan on March 15 and 16, deep dives are Artificial Intelligence, Blockchain, and FoodTech.

Still, highly qualified scaleups might prove worthy; in this case, scaleups working in Digital Construction, InsurTech, Connected Cars, and additional alternative industries may be nominated.

On Summit days, corporates and scaleups will engage in qualified, face-to-face business meetings; have access to training activities concerning cultural disparities and how to produce productive partnerships; and generate procurement, development, proof of concept, and other collaborative exercises. Scaleups will connect with new customers, explore and penetrate alternative markets, and increase turnover.

The Summits should prove no less valuable for international investors and corporates, who can improve knowledge concerning investment in the digital sector and subsequently enlarge the investment pool itself. They will, too, obtain additional analysis and understanding of market trends and business models in digital sectors.

Finally, bi-annual meetings will facilitate financing and improve liquidity for European investments in fast-growing ICT startups and scaleups, and, as noted, stimulate financing through stock markets.

Over the two-year project period, expected impact is strong: 800+ scaleups matched with corporate investors, 600+ introduced to IPO opportunities, 250+ with increased international exposure, and 100+ obtaining dedicated IPO preparation via ELITE’s intensive accelerated exit program. SEP 2.0 anticipates €750M+ capital raised via Venture Capital follow-up rounds and IPOs, on top of €20M+ in new revenue via facilitated business deals.

In order to achieve such aims, SEP 2.0 will build on existing platforms with proven effectiveness and reach — e.g. Startup Europe Partnership and European Startup Network. With 24 member countries engaged in ESN’s ecosystem, the organization has access to over 25,000 startups and has built long-standing international relationships that will prove advantageous to the project’s ends.

SEP 2.0 provides these platforms with additional scale, integrating them with innovative activities in collaboration with international stock markets. In order to incorporate diverse and dynamic exercises, SEP 2.0 will blend physical activities with online services.

The project’s first major event kicks off this spring and will run until December 2020, with insights and improvements along the way.

Nominations will be accepted on a rolling basis — incubators, accelerators, and alternative organizations are welcome to provide qualified scaleup names to hello@europeanstartupnetwork.eu.

To stay informed about the project, subscribe to ESN’s newsletter at http://europeanstartupnetwork.eu.

 

About Startup Europe

Started in 2011, Startup Europe has become a reckoned reference in the European startup related field. Our mission is to build a Startup Continent by increasing the connectedness among all players of the European startup ecosystems.

 

Article written by Emily Bogen, a great intern at ESN.

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Europe is back: Accelerating Breakthrough Innovation

The independent High-Level Group of Innovators advising the European Commission has published its recommendations on how a European Innovation Council (EIC) should fund and nurture breakthrough innovation from start-up to scale-up.

In their report, entitled ‘Europe is back: Accelerating breakthrough innovation‘, they recommend that a future EIC provides simplified and flexible financing, tailor-made for the needs of the innovator and which incentivises private investment for rapid scaling up. They also recommend boosting awareness of Europe’s innovation successes and leveraging European ecosystems, so that highly innovative companies can benefit from expertise and partnerships from across Europe.

Four factors that hold back breakthrough and deep tech innovation in Europe have been identified:

  • Funding – Breakthrough innovation, in particular deep tech, requires large investments, over a significant time period. This is the kind of finance that is missing in Europe and presents a systemic failure;
  • Awareness- Europe needs a flagship initiative on breakthrough innovation that can attract the best innovators and connect local and sectorial ecosystems;
  • Scale – Europe needs continental scale to compete at global level;
  • Talent- Europe needs role models and champions.

The document should provide a critical mass of funding and expertise for high risk / high gain breakthrough innovation, which empowers the innovator and incentivizes private investment.

Commissioner for Research, Science and Innovation Carlos Moedas welcomed the recommendations and said they formed a significant input for the development of a full-fledged European Innovation Council as part of the next EU Framework Programme for Research and Innovation. The report was first presented to French President Emmanuel Macron at the World Economic Forum in Davos, who has made similar calls for a European agency for innovation.

Commissioner Moedas said:

These recommendations show how a European Innovation Council would empower our most talented innovators and stimulate an environment of risk-taking, entrepreneurship and scaling-up to the international stage. They come at a critical time in the preparations for the next EU research and innovation programme.


The Group’s chair, Hermann Hauser, co-Founder of Amadeus Capital Partners, said:

We are convinced that our fourteen recommendations – on funding, awareness, scale and talent – will constitute a step change in the impact of EU innovation support and help catapult Europe into pole position in the global innovation stakes

Bindi Karia, Start-upexpert and advisor and Member of the High-Level Group of Innovators added in the report:

Ecosystem players from across Europeare all involved in the Startup Europe project, andwhat has transpired is that these leaders fromeach country collaborating and learning from eachother borders. And it continues to grow. From citieslike Paris to Berlin to Stockholm to Lisbon, the keypeople in these communities know each other andare increasingly collaborating with each other, dealby deal and company by company.

 

Background

The High-Level Group of 15 leading innovators was launched in January 2017. Their recommendations will be considered in the Commission’s proposals for the future EU research and innovation Framework Programme (post-Horizon 2020) due to be presented by this summer.

The Commission has launched an EIC pilot programme (2018-20), to test out new approaches within the current Horizon 2020 programme to better support top-class innovators, start-ups, small companies and researchers with breakthrough ideas with scale up potential.

 

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Soft-landing: a new Startup Europe project

Soft-landing is a 24-month project that will connect startup ecosystems through numerous exchanges of key representatives that will strengthen the knowledge about EU, US, and India’s startup scene, build strong networks and trust between the ecosystem stakeholders, and help European startups scale by providing Soft-landing support in target destinations.

The project is coordinated by Startup Division. Startup Division is a leading startup support organisation in the EU connecting broad networks in Europe and building bridges between startup ecosystems globally. Through a variety of pan-European and global projects, Startup Division collaborates with numerous renowned accelerators, incubators, investors, business angels & venture capitals. Startup Division helps startups scale, expand globally and raise funds by providing expert mentorship, running world-wide entrepreneurship support projects, helping to access investors, top-notch accelerators & incubators, and providing soft-landing support.

Kick-off meeting on a train!

Startup Division is accompanied by 4 great partners – F6S, GTEC – German Tech Entrepreneurship Center, IMT Starter, Crosspring Lab. Here is some more about the team that make up the Soft-landing project:

  • Crosspring Lab in The Netherlands is ICT focused incubator/accelerator with its own investment programme and has a strong track record of successfully scaling its startups. Crosspring Lab are experts of innovation and commercialisation that have helped numerous ICT startups to grow and scale.
  • IMT Starter in France is based in the Paris metropolitan area the IMT Starter Incubator has accompanied and helped to scale 180+ IT companies that have created 1,600 jobs. It has strong ties with Silicon Valley through its immersion programme and has an Alumni network of 15,000 experienced and successful entrepreneurs and mentors.
  • GTEC in Germany is a first private-sector open campus for entrepreneurship in Europe. Since 2015 GTEC hosted 50+ startups from 10+ countries, worked with 4000+ founders, managers and experts from leading international corporations and institutions (such as Bosch, Postbank, Airbus, Energy Australia, Statoil, Mercedes-Benz).
  • F6S in The United Kingdom is the largest social network for Startups in the World, that has over 1,800,000 profiles for the Startup & SME community and more than 680,000 Startups, and supports the majority of the EU Startup and SME ecosystem through deal flow and applications.

Main Soft-landing activities will consist of Ecosystem Discovery Missions, Soft-Landing stays and Speaker & Mentor Exchanges. Throughout the span of the project, 200 missions, 96 soft-landings and 50+ speaker exchanges will take place. The ecosystems will connect not only all 4 hubs, but will also reach out to US, India, and potentially China and/or Israel. Over 2 years more than 100 feedback events will take place after each mission and soft-landing where all startups and key ecosystem builders will come to present their experiences and share their knowledge.

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The blooming of a new Startup Europe project: My Gateway!

Last week, in Budapest, the kick off meeting of a new Startup Europe project took place. A project which aims to connect entrepreneurs in the Czech, Romanian and Slovenian ecosystems: My Gateway.

At the meeting project partners got to know one another, got a glimpse of what tasks and roles everyone will be carrying out and got an insight into the ecosystems we’ll be working with. We also had the pleasure to meet the representatives of the three Balkans countries we’ll extend our network to: Bosnia and Herzegovina, FYROM and Serbia.

 

The WP leaders

 

Europa Media, the leader of the project, showed some bursts of creativity in the organisation of the meeting, and planned activities where the partners’ knowledge of the project was tested! All Work Package leaders (yes, that’s how we divide the work in the project) were asked to gather their teams and quickly present what their tasks are about. Some real eruptions of imagination and outburst of drawing skills were detected in this part!

‘Once upon a time in WP6..’

    

Once this exercises finished, one by one, we pitched our work plan, requirements and ideas which gave rise to doubts that were asked and answered as the meeting progressed.

After the meeting, we could not miss out on the chance of strolling down the river Danube, treasuring the beauty of the buildings that overlook it.

Budapest by night

The following day we went through some technical requirements we will all master at some point!

Krisztina Toth, project leader, passing some knowledge to the consortium.

To conclude, we all know the project will change and adapt during the 24 months of its course, responding to the changing needs of the startup world, but the main focus will always concern the connection amongst the ecosystems guaranteeing growth and knowledge exchange. The project’s website will soon be up, so bear with us and find out more about the Central and Eastern Europe countries!

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SEW partners up with F6S making an even cooler Startup Europe Week!

We are excited to announce that F6S, the world’s largest tech founder and startup community, has joined SEW as a partner to help strengthen the coordination of SEW events on a global scale

In 2017, SEW saw hundreds of events spread over 40+ countries, with the participation of 280+ co-organisers. Now in its 3rd edition, SEW continues to grow exponentially, with more and more people joining this powerful grassroots movement for entrepreneurs.

To manage this growth, we have partnered with F6S, another young team passionate about entrepreneurship. As the world’s largest tech founder and startup community, they have 2.35 million profiles, including over 890,000 startups and 15,000 partners.

F6S will help us streamline operations by centralising all SEW events on one platform, and offer 24/7 online support for co-organisers.

  1. Efficiency: All SEW events will be set-up and streamlined on the F6S platform, making it easier for co-organisers to plan and promote multiple events, and for attendees to find out what’s going on in their local area
  2. Support: F6S will provide 24/7 support to SEW co-organisers and attendees
  3. Insights: F6S will help collect and structure event information for reporting purposes
  4. Awareness: F6S will help SEW co-organizers individually promote their events by sending out targeted newsletters (F6S has a combined number of over 1,000,000 entrepreneurs and investors in Europe)

Keep an eye out for more news and updates on #SEW18 – this year will be our biggest yet!

Follow SEW on social media:

Twitter: @startupeuw
Facebook: @startupeuropeweek
LinkedIn: Startup Europe Week
#SEW18

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STARTUP EUROPE PARTNERSHIP EPISODE 2.0 – Open Innovation strikes back

Back in January 2014 we had been selected to help drive the Startup Europe Partnership (SEP), the first pan-European open platform dedicated to supporting the growth and sustainability of European startups able to compete and raise funds at an international and global level.

The work done with Startup Europe Partnership and the SEP Matching Events in the past three years allowed us to “get our hands dirty” and experiment with various formats of startup-corporate collaboration.

Having organized over 20 international matching events, involving over 500 startups and 50 corporates from all over Europe, has allowed us to understand in depth what works and what not. Out of the  565 qualified meetings we organized – of which 359 crossborder – there have been 93 follow-ups. 19 deals have been closed, plus 40+ business discussions are ongoing.

We have gathered an important amount of data on the real success rates in the interaction between corporates and startups – which are between 2% and 5%. Startup – corporate interactions for collaboration normally start after 6 to 18 months, on average.

Immediately after the launch of the Startup Europe Partnership platform at the World Economic Forum in Davos we asked ourselves what the next step was.

 

With the new restyled version of Startup Europe Partnership (SEP 2.0) that will last throughout 2018 and 2019, Mind the Bridge and other partners (ELITE-London Stock Exchange, Europe Startup Network, Nesta, Scaleup Institute and Startup Olé) will leverage the experience accrued in the past years to foster IPOs, facilitate commercial and strategic partnerships and increase international visibility for European scaleups.

The ultimate goal is to scale our platform and help more scaleups to grow further.

The way to achieve this goal is represented by 4 large Scaleup Summits during which the best of the scaleup world (early stage startups are generally not a good match for companies), as well as of the corporate and the finance world (around 150 entities in total) will gather strictly behind closed doors. Goal is to strike deals and assess later stage funding options (such as private placements, venture debt, IPOs).


The 4 Summits will have two characteristics:

  • They will be hosted at the main European Stock Exchanges. In fact, stock exchanges are the other big missing link (our research tells us that only 2% of European scaleups have access to the stock exchange channel and that the big IPOs take place overseas) in the path of open innovation.
  • They will have an international pan-European dimension, involving scaleups, corporates and investors from all over Europe. Because one of the main limitations of many startup initiatives is their local or national character, within a much larger world.

The first Scaleup Summit will be organized at the Italian Stock Exchange in Milan on March 15th and 16th. London, Budapest and Lisbon will follow throughout 2018.

Alongside these major closed-door events, we will organize the fourth edition of SEC2SV. In fact, SEP had successfully launched Startup Europe Comes to Silicon Valley (SEC2SV) with the goal of exposing the best European scaleups to Silicon Valley investors and corporates.

SEP 2.0 will focus on launching a similar initiative called Startup Europe Comes to Israel (SEC2IL), a new annual mission that connects Europe with the Israeli entrepreneurial ecosystem.  

SEP 2.0 will leverage the successful format of Startup Europe Comes to Silicon Valley with high-end meetings connecting scaleups and corporates and investors of the related ecosystem (Silicon Valley in the case of SEC2SV and Israel in the case of SEC2IL) and a large conference – the European Innovation Day (EID) – to stimulate the discussion among the ecosystem stakeholders.

We will also continue to crunch data. Beyond completing our mapping work of the European scaleup ecosystem through our SEP Monitors (the 2018 Scaleup Europe report is scheduled for release in April, while country reports will be published thereafter) and the startup exits (our annual analysis will be published in September), we will deep dive into the intrinsic motivations for scaleups going public and corporates working with startups (here is the link to our latest research on  open innovation we published on the occasion of the Corporate Startup Stars Awards ceremony last December in Brussels).

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