X
MENU
X

Startup

Pitching contest at Startup Europe Summit

It was only a few days ago that MY-GATEWAY project selected which startups would come with them to Startup Olé in Spain, and now here we are again with yet another open call!

We’re looking for 15 startups to pitch in front of a top-notch jury at the Startup Europe Summit, 21st-22nd March. . The companies the jury members represent are: AXON, Early Game Ventures, Index and Atomico. More details will follow.

Each startup will have about 10 minutes to pitch, followed by a Q&A session. All pitching startups will be rewarded with access to top investors – something that can really mark a milestone in a startupper’s life!

Who can apply for the pitching contest:

  • all verticals are accepted
  • early stage companies that have received seed-series A investment from Poland, Bulgaria, Hungary, Romania, Czech Republic, Slovenia, Slovakia and Croatia.

How to apply?

  • Write an email to contest@mygatewayproject.eu
  • Subject: pitching at SES19
  • Apply by 4th March

 

And it’s not over yet! The Startup Europe initiative wants 10 more startups to join us at SES19!

If you haven’t received a seed-series A investment, do not panic! You can still join us at the Summit.

The European Commission is looking for 10 more startups that can join us in Cluj-Napoca, Romania. Those startups will have travel and accomodation costs reimbursed by the European Commission and the possibility to network and showcase their startup.

Who can apply to join Startup Europe in Cluj-Napoca:

  • all verticals are accepted
  • any startup from PolandBulgariaHungaryRomaniaCzech RepublicSloveniaSlovakia and Croatia.

How to apply?

  • Write an email to contest@mygatewayproject.eu
  • Subject: Coming to SES19
  • Apply by 4th March

 

 

What is Startup Europe Summit? 

Startup Europe Summit is an event that brings together the leading players in technology entrepreneurship and innovation. This year, the summit will take place in Cluj-Napoca, Romania in light of the Romanian Presidency of the Council of the European Union. At the Summit you will be able to join thematic workshops, network with venture capitalists, engage with policy makers and learn how to grow your business abroad.

Startup Europe Summit draft agenda.

 

CONTINUE READING

You are invited to Startup Lighthouse’s side-event at TechChill: ‘Scaling your startup in Europe’!

Ready to brace the cold in Latvia? Startup Lighthouse (a Startup Europe project) is partnering with TechChill to bring you a special side-event, ‘Scaling your startup in Europe’, on Friday 22 February!

What is TechChill?

TechChill is a winter startup event like no other. Held in Riga, Latvia, at the darkest time of year (21-22 February, 2019), TechChill brings together over 2000+ founders and entrepreneurs, boasts 20+ side-events and numerous after parties.

In summary, it’s the place to be if you’re thinking about scaling up abroad, to meet innovative young entrepreneurs and maybe even make contact with investors.

 

Official TechChill side-event!

As part of TechChill this year, Startup Lighthouse will be organising our own side-event, ‘Scaling your startup in Europe’ where you can hear the stories and experiences of the top startups taking part in Startup Lighthouse. Learn from their first-hand experience of the challenges and complexities of scaling up in Berlin, Dublin, Lisbon and the Baltics.

You’ll also get the chance to hear from two exciting speakers: Tanya Suarez (who has helped startups scale in Ireland, Spain, Netherlands and Lithuania) and Ana Barjasic (who knows what investors are looking for), plus a Q&A with the European Commission.

Scaling in Europe is hard work – but don’t worry – the event will close with some finger food and networking with the startups, so you can see if you’re going to be the next one touring Europe with Startup Lighthouse!

  • Time: 10AM – 12PM, Friday 22 January
  • Location: Teikums co-working space
    Gustava Zemgala Gatve 78, Riga
    2 mins walk from TechChill

Register your spot before places fill up!

Get your free ticket here now

P.S. The event is open to all, not just for those with a ticket to TechChill. Jump aboard!

CONTINUE READING

Data Natives 2018

Data is part of our new cultural identity, transforming the way we communicate, learn and interact.

Data Natives is the meeting point for industry experts, entrepreneurs, tech and business professionals to inspire each other and disrupt the status quo.

Last year we brought together 1295 attendees, 70+ speakers, 20+ media partners, 30+ startups, and 20 partners. We raised the bar with cutting edge technology from innovators, influencers and industry leaders as well as the best of Berlin’s tech scene, from rising and promising European startups.

 

The third edition of Data Natives will welcome over 2,000 attendees and more than 110 speakers across the spectrum of the most exciting of technology today. Be a part of the most inspiring conference for the data-driven generation.

CONTINUE READING

Startup Europe Summit

What you will find within the Summit?

Breaking news from EU & Tech Leaders

Get inspired from leading tech stars and EU policymakers. Discover new funding opportunities, including programs to support startups (Startup Europe, European Innovation Council). Learn how you can change the tech game.

Business first

It’s about doing business deals. Meeting with investors, corporates and leading enterprises. Discovering how public administration from across the region and Europe can help. This is the place to be.

Ecosystem building – Networking

Startup Europe Summit attendees are driven and focused. Whether you’re looking for funding, a new job, your new co-founder or investment, the summit offers several ways to help you connect with the right people efficiently and effectively.

Three reasons to attend:

  • Learn about European funding opportunities directly from Brussels. With more than €10 Billions in the pipeline, EU is becoming the main investor in Europe!
  • Network with the key decision makers and tech leaders within EU, notably Central Eastern Europe and Western Balkans regions
  • Have access to business deals with corporates- investors – and public administrations for startups and scaleups.

Register now to join 400 key European startup ecosystem enablers – accelerators, investors, entrepreneurs, academia, policy makers and media representatives.

Programme for the Event

CONTINUE READING

Startup Europe Summit 2018

The European Startup Event comes to Sofia. This time it will be about technology leadership, European ecosystem funding (more than €10 Billion in the pipeline) and growing your business. During the day startup leading founders and tech leaders share their learning, providing perspective and showing what it takes to build a successful startup. Are you joining?

Startup Europe Summit 2018 logo with star

Featured guests:

  • Mariya Gabriel, Commissioner for the Digital Economy and Society, European Commission
  • Simon Schaefer, Founder & CEO of Factory, President of Startup Portugal and Angel Investor in Europe.
  • Anja Monrad, Senior Vice President & General Manager at Dell EMC, CEE and chair of the Digital Skills and Jobs Coalition Governing Board.

Previous editions have featured key influencers such as Commissioners Kroes, Oettinger, and Moedas, President of the European Committee of the Regions Markku Markkula or executives such as former Uber CEO, Travis Kalanick.

What you will find within the Summit?

Breaking news from EU & Tech Leaders

Get inspired from leading tech stars and EU policymakers. Discover new funding opportunities, including programs to support startups (Startup Europe, European Innovation Council). Learn how you can change the tech game.

Business first

It’s about doing business deals. Meeting with investors, corporates and leading enterprises. Discovering how public administration from across the region and Europe can help. This is the place to be.

Ecosystem building – Networking

Startup Europe Summit attendees are driven and focused. Whether you’re looking for funding, a new job, your new co-founder or investment, the summit offers several ways to help you connect with the right people efficiently and effectively.

Three reasons to attend:

  • Learn about European funding opportunities directly from Brussels. With more than €10 Billions in the pipeline, EU is becoming the main investor in Europe!
  • Network with the key decision makers and tech leaders within EU, notably Central Eastern Europe and Western Balkans regions
  • Have access to business deals with corporates- investors – and public administrations for startups and scaleups.

Register now to join 400 key European startup ecosystem enablers – accelerators, investors, entrepreneurs, academia, policy makers and media representatives.

You can find more details about the programme below:

Button to redirect to the conference programme of the event

Registration concludes on 12 November 2018, 12:00 CET. On-site registration is not possible.

Register for the Startup Europe Summit

Networking marketplace: If you want to get the most out of your participation to the event, take a few minutes to see who else is attending the Summit and arrange bilateral meetings with the participants that are of your interest. Participants can look each other up on the participants directory of the event page, and use the personal messaging feature to arrange a bilateral meeting during the event.

CONTINUE READING

Web Summit 2018

What is Web Summit?

Web Summit started as a simple idea in 2010: Let’s connect the technology community with all industries, both old and new. It seemed to resonate. Web Summit has grown to become the “largest technology conference in the world”.

No conference has ever grown so large so fast. But we also pride ourselves in organising the “best technology conference on the planet”.

Media

Over 2,600 media from more than 100 markets came to Web Summit in 2017. It’s not just editors from many of the world’s most influential publications, but market-shaping industry reporters from leading technology and trade publications and blogs.

“The largest tech conference in the world”

CONTINUE READING

MY-GATEWAY project wants 22 CEE and Western Balkan startups to attend Startup Europe Summit!

In total twenty-two startups, twelve from Central and Eastern Europe and ten from the Western Balkans, will be selected to attend this year’s edition of ‘The European Startup Event’. A committee comprised of leading startup support organizations from the CEE and Western Balkan countries will select the startups through specific criteria.

Selected startups will be given the possibility to meet high-profile people such as Prime Ministers and European Commission policymakers to discuss European entrepreneurship and new opportunities. The one-day Summit will be filled with workshops on how to access venture capital, business angel funding, EU funding and panel talks on how to scale-up. Travel and accommodation expenses of one representative per selected startup selected will be reimbursed by the European Commission.

Take a look at the Summit’s agenda here.

Would you like to apply? Click here.

‘We need to create programs and policies to connect ecosystems, founders and startups at European level.’

Mariya Gabriel, European Commissioner for Digital Economy and Society, and also key-note speaker at the Summit, said at her speech on Masters of Digital.

‘This is with a view to accelerate growth, cooperation and diversity.’

In order to be considered for the application process and be eventually selected to attend Startup Europe Summit, startups need to have a high growth potential, a prototype or viable business plan and a unique business idea.

 

What is Startup Europe Summit?

Startup Europe Summit is a European Commission event which aims to bring together startup founders and policy makers. More than 400 people will attend this year’s Bulgarian edition to learn about new funding opportunities, meet entrepreneurs and ecosystem builders and benefit from the possibility of closing a business deal.

Check out the agenda here.

 

What is MY-GATEWAY?

MY-GATEWAY is an initiative of Startup Europe that aims to strengthen the capacities of high-tech start-ups and innovative SMEs in the CEE region to become better connected, gain higher market exposure, and have improved streamlined access to funding opportunities and talents.

 

CONTINUE READING

European Innovation Day (EID), part of SEC2SV mission

The IV edition of EID – European Innovation Day, the European Digital Conference in Silicon Valley organized by Mind the Bridge, is planned for September 11th.

Central event of the SEC2SV Week (9-15 of September), EID-European Innovation Day is a thought-provoking, inspiring conference at Computer History Museum (almost 700 attendees registered in the 2017 edition) that brings together the current/future EU Unicorns and EU policy makers to meet the Silicon Valley digital economy stakeholders.

The SEC2SV Week will continue with follow-up meetings and parallel agenda for the different stakeholders. Silicon Valley counterparts for the meetings/events usually include government officials, senior execs from Facebook, Google, Uber, Airbnb, GE, representatives from the investors (Andreessen Horowitz, Felicis, Greylock, Social Capital, SoftechVC, USV, Y Combinator, RocketSpace, 500 Startups) and academic (Stanford, Berkeley, Singularity University) community.

Registrations are available HERE.

 

Hot topics of 2018 edition will include:

  • GDPR: Privacy and Data Storage/Transfer
  • ICOs (Initial Coin Offerings) and its and CryptoCurrencies Regulations
  • European Economy of Innovation in Silicon Valley
  • Startup M&A

First confirmed speakers unveiled:

  • Peter Arvai, CEO and co-founder, Prezi
  • Pēteris Zilgalvis, Head of unit, DG Connect, European Commission
  • Kristin Schreiber, Director COSME programme, DG Grow, European Commission
  • Tim Draper, partner, Draper Associates
  • Sorin Moisa, MEP, European Parliament
  • Adam Sterling, executive director of the Berkeley Center for law and business
  • Sabrina Ross, international privacy and security expert
  • Martin Rauchbauer, co-director, Open Austria
  • Georg Fuerlinger, co-director, Open Austria

 

Looking for the next Unicorns!

Top European scaleups aiming at expanding operations to the US market will be selected to join the event.

Minimum requirements to be considered as a Scaleup:

  • to have at least 10 employees as of 3 years ago in the last 3 years
  • to be growing more than 20% year-over-year in revenue, employees, or user-base.

Applications end on July 1st.

CONTINUE READING

Scaleup Finland: A key scaleup ecosystem for Europe with a (still) unexploited potential

Brussels, September 5th, 2018 – Finland is a key scaleup ecosystem for Europe, but still shows an unexploited potential, according to the last “Tech Scaleup Finland” Report presented today by Mind the Bridge and Startup Europe Partnership with the support of Business Finland.


219 scaleups have been in fact identified in Finland (
equivalent to about 4% of the total amount tracked in Europe), totally raising $1.9B in funding since inception (2.3% of the total capital raised by European scaleups to date).


In addition, Finland ranks 9th in the Scaleup Country Index 2017*, between The Netherlands and Denmark, with only Sweden, among the five Nordic countries, outperforming it both in capital raised and scaleup population. In these terms, the gap with larger ecosystems such as the UK, Germany or France is likely far too wide to be bridged: UK scaleups raised, alone, 15 times more capital, the German about 8 times more, the French 5 times more.


“Though absolute numbers suggest that Finland is really far from UK, Germany, France, and Sweden, the conversation changes in relative terms 
– commented Alberto Onetti, Mind the Bridge Chairman and Startup Europe Partnership Coordinator – Starting this year we introduced two indicators to better understand the efficiency of a scaleup economy as it relates to the size of the country in question. Finland outperforms the rest of the continent for what we labeled the Scaleup Density Ratio’ by producing an average of 4 scaleups per 100,000 peoplecompared to 2.5 in UK, 0.6 in Germany and 1.0 in FranceAnd it scores well also against the ‘Scaleup Investing Ratio’, with 0.75% of GDP dedicated to scaleup innovation, 1.7x more than the European average, doubling the European powerhouses Germany (0.40%) and France (0.34%), being substantially aligned with the Nordics average of 0.82%.”


Scaleup Europe Country Index 2017 Top 10

“Finland is definitively a key scaleup ecosystem for Europe with a still unexploited potential.” added Isidro Laso Ballesteros, Head of Startup Europe European Commission.


“The startup ecosystem is already now effective and flourishing in Finland. One can see an upward trend in the share of foreign VC investments and the growth in exit valuation levels.
There is always room to improve. We are constantly building the Finnish startup community to the next level together startups, accelerators and investors. High-growth, scaleup companies create jobs and exports and thus are crucial for our national economy.” commented Marjo Ilmari, Executive Director, Startup & Fast Growth Business Finland.

 

Growth – Scaleup Population and Capital
The Finnish scaleup ecosystem increased its size in 2017 with 16% growth in scaleup population (+34 new scaleups) and raised $0.3B more capital, with a YoY increase of 17%. These numbers place it behind Sweden in the growth charts (35% increase in population, 30% in capital), but Finland still runs faster than its other Nordic siblings Denmark (13% increase in population, 6% in capital), and Norway (11% growth in population, 15% in capital).
Since 2013 the scaleup population of Finland has been growing a consistent 15-17% without any fluctuation, up to 10 point less behind the European average of 28% for the years 2016-2017. 2018 will be not different with a 18% YoY growth figure. Also on the capital raised side, despite the fact that in 2017 the country had a YoY loss of 20%, the $318M that the scaleups raised was good enough to add another 34 scaleups to the count. A constant growing trend is expected this year.


Capital Raised: 96% comes from VC, a few IPOs, no ICOs.
When it comes to capital raised, 96% comes from Venture Capital, while only 4% (about $0.1B) comes from the IPO channel. In 2017, 2 more companies joined the IPO club: Next Games and Rovio, not surprisingly reinforcing the impression that Finland remains the “land of gaming”. Both IPOs were around $40M, below the European average ($120M). Surprisingly Finnish scaleups have not jumped on the ICO train yet, as we didn’t track a single company which has launched a crypto offering the previous few years. 

                 Scaleup Europe Matrix 2017

Scaleup Migration to the US
There are 33 (15% of total) companies in Finland that moved their headquarters abroad (typically to have access to capital) and we can classify as “Dual Companies”. These 33 raised $552M altogether, amounting to 29% of the total capital raised by Finnish scaleups. They mostly moved to the US (19 of them, 11 to Silicon Valley) and outperform in terms of capital raised, having attracted an average of $16.7M, compared to the $7.3M average of companies that choose a domestic growth path.


Founding vs Funding
Despite a recent story of the scaleup ecosystem in Finland, only 25% of the scaleups have been founded in the last 3 years. Finnish scaleups are very active in raising capital constantly: 52% had a funding event in the past 2 years. In 2017 56 scaleups registered a funding event.


Sizes don’t matter
The scaleup scene in Finland is dominated by “small” scaleups: the ones that raised between $1 and $10M, represent in fact the large majority (79%) of the population. Only the 3% raised above $50M (tech giants). However, in Finland size doesn’t seem to be that relevant in the Finnish ecosystem: the Scalers (companies attracting over $100M in financing) account only for the 13% of the total funding, while the “middle class” segment ($20-$50M) attract the most funding among the cohorts. The smaller ones raised 27% of the total.


Geography of fundings
Of all capital poured into Finnish scaleups, one third (34%) comes from Finnish funds, while US funds account for slightly less than one third of investments (27%) and British for a little minority (6%). Investments coming from the rest of the world are relevant as well, accounting for a consistent 10% of capital (coming mostly from Chinese and Singaporean investors).


“Startups ecosystems in Europe start to be connected among themselves. But we need to do still more 
– added Isidro Laso Ballesteros, Head of Startup Europe European Commission  Our competitive advantage is to be united in diversity. Advantage that can only be realised by working at ecosystems level to be a Startup Europe: a startup continent.”


To Game or not to Game?
Finnish companies operating in the Gaming industry are only 13% of the population and have attracted almost $400M, 21% of all capital made available to scaleups to date. But if we remove the 2 IPOs by Rovio and Next Games, investments in Gaming are actually slightly declining over that period. YoY growth (2017/2016) is anyway the highest, 3.7x.
Medtech (11% of the population) attracted 8% of the total capital ($142M) with a YoY of 1.5, Cleantech the 10% ($190M) with a YoY of 2.0, while traditional industries such Hardware and Software collected respectively 8% ($153M) and 9% ($161M), covering the 9% of the population each. 

Top 5 industries for Capital raised - Finland

Scaleup Helsinki
The capital city of Helsinki hosts 131 scaleups, which raised altogether almost $1.2B. This concentration is 60% of the total population, and contains 63% of the capital raised. If we add Espoo, home of other 33 scaleups, concentration rates go up to 75% and 82%. Outside of the capital, Oulu is the largest scaleup hotspot, followed by Tampere and Turku.


M&A Momentum
The Finnish ecosystem is definitely seeing momentum in M&A activity. With a total of 112 acquisitions of Finnish startups and scaleups since 2010, after a relatively stale M&A activity, each year since 2013, 2017 signed a turning point with 45 M&A transactions, 3.5x compared to 2016. Nevertheless, they are still a domestic business, since the 38% of Finnish startups are acquired by Finnish companies. 28% belongs to US, 16% other countries, 13% to other Nordics and 5% to other countries (mostly Chinese and Japanese companies).


Not surprisingly, the Gaming startups get the third spot in the industry ranking of Finnish startup M&As with 11 deals (the 10% of all), right behind Software Solutions (first at 18 deals, the 16%) and Enterprise Software (14 deals, the 13%). 

___

* Notes on Methodology
Scaleup Density Ratio: number of scaleups per 100K inhabitants. A measure of density of scaleups in a given ecosystem.
Scaleup Investing Ratio: capital raised by Scaleups as a percentage of GDP. A measure meant to measure the capital invested in scaleups in a given ecosystem, compared to the size of the overall economy of that country.
Scaleup Country Index: country ranking built upon Scaleup Density Ratio and Scaleup Investing Ratio. A measure of the overall innovation commitment of a given ecosystem and its ability to produce significant tech players.
The indicators above are produced and monitored by Mind the Bridge.

CONTINUE READING

CONGRATULATIONS TO THE 11 LUCKY WINNERS!

Congratulations to: Spendee from Czech Republic, GewdTime from Slovenia, bFertile from Slovenia, SettleMint from Belgium, Smart Optometry from Slovenia, Axensor from Belgium, FeliCity LTD from Hungary, CargoPlanning from Romania, Silent Call from Czech Republic and FINQware from Romania, Finbot platform from Denmark!

 

MY-GATEWAY cannot wait to formally meet all of these amazing startups and help them grow through Web Summit and beyond. MY-GATEWAY was astounded by the variety and creativity of the many applications submitted to the ticket giveaway. In the end, we believe we have a great group of entrepreneurs and innovators we believe will be the future of disrupting the startup industry. Stay tuned to keep up with our road to Web Summit!

 

What is Web Summit?

Web Summit is the largest tech conference in the world and is always a complete success. Like every year, we expect to gather in Lisbon over 70.000 attendees, 1.200 speakers and 170 countries for 3 full days of networking and business. Web Summit also gathers the entire investor ecosystem, from big fishes to the most relevant angels and venture investors, as well as over 2,500 international media outlets. Here, startups have lots of opportunities to gain exposure, such us networking, presenting their business and participating in panels, among others. MGW just cover the entry ticket, not the travel cost or any financial support.

CONTINUE READING