WORLD’S LEADING STARTUP EVENT.
During what is – let’s be honest – the sh*ttiest weather season of the year, Slush brings together the leading actors of the global tech scene to Helsinki for something very special. Described by many as “Burning Man meets TED”, the event has grown in just a few short years to 20,000 attendees and 1 million live stream viewers.
In 2017, over 2,600 startups, 1,500 venture capitalists, and 600 journalists from over 130 countries gathered to Slush to drive business, and to experience the phenomenal atmosphere.
NOT THE CALIFORNIAN SUN, BUT HONEST SLUSH.
Slush has grown from a 300 person assembly to a world-renowned event, now spreading globally. The philosophy behind Slush has remained the same: to help the next generation of great, world-conquering companies forward.
Held during the darkest time of the year in Helsinki, Finland, Slush has always been characterized by a unique energy and enthusiasm. The very core of Slush is to facilitate founder and investor meetings and to build a world-wide startup community.
Slush is a student-driven, non-profit movement originally founded to change attitudes toward entrepreneurship. In 2016, Slush was organized in Tokyo, Shanghai and Singapore.
Think of Slush as a collision of a festival and a conference. It’s not a business, but a community of people who love what they do.
Slush is run by the youth who want to make a difference in their societies. Several successful entrepreneurs such as Niklas Zennström (Skype & Atomico), Taizo Son (GungHo), Ilkka Paananen (Supercell), and Risto Siilasmaa (Nokia) among others, have already become a part of the non-profit initiative that is radically changing how entrepreneurship is perceived in Northern Europe, Japan, and China.
Bits and Pretzels
THE FOUNDERS FESTIVAL
3 DAYS OF VISION, LEARNING AND NETWORKING
SPEAKERS AT BITS & PRETZELS 2017
OH CAPTAIN MY TABLE CAPTAIN
YOU’RE IN GOOD HANDS
Vilnius Blockchain Week: Startup Lighthouse & Soft-Landing gather blockchain startups and ecosystem builders in Lithuania
Vilnius Blockchain Week is over – what a blast! Two Startup Europe projects brought it to life: Soft-Landing and Startup Lighthouse!
The initiative brought around 40 participants to deep-dive into the city’s startup ecosystem with the main focus on understanding what part blockchain plays in it and build connections with blockchain leaders in Lithuania. (more…)
Tech Open Air 2018
What is TOA?
Connect and learn with top-tier entrepreneurs, artists, and scientists at a beautiful location. Experience inspirational storytelling, interactive panels, knowshops, pillowtalks, art installations, live music, and so much more…
from tech’s brightest thinkers mashed-up with art, science, music, and, of course,
the uninhibited TOA atmosphere — it’s all in TOA.life.
ZDIF conference 2018 (Wep Up project)
The conference will focus on the latest developments in the financial sector, presenting new financial instruments and schemes for companies, especially young innovative companies, as well as funding opportunities offered by public national and regional funds and European funds available in the West Pomerania and neighbouring regions to co-finance start-ups and scaleups in the ICT sector.
Startup Europe announces its first Startup Europe ambassadors
The first Startup Europe Ambassadors group were publicly presented during Startup Europe Campfire event held in Paris on 19 March.
They represent a group of key influencers in the European startupe cosystems who will provide information and advice about the European Commission’s Startup Europe initiative.
The objective is to democratise the startup phenomenon so that every European citizen has a fair chance to become a successful entrepreneur. The ambassadors will also help startups in their growth phase to have access to all the opportunities offered at European level.
Throughout the years, European Commission’s Startup Europe initiative has become a top reference in the European startup related field, by supporting directly around 60 local ecosystems and over 750 startups to grow beyond borders. The mission of Startup Europe is to build a Startup Continent by connecting pools of talent. The initiative encourages entrepreneurship, startup creation and growth; and connects startups, investors, accelerators,corporates, universities and the media through an array of grass roots initiatives or networks.
In an ever-changing European startup ecosystem the Startup Europe initiative has designed the group of its Ambassadors to democratise the startup phenomenon so that every citizen has a fair chance to become a successful entrepreneurs wherever they are located in Europe. The role of the ambassadors is to provide information and advice about the European Commission’s Startup Europe initiative. In addition, the ambassadors will also help startups in their growth phase to have access to all the opportunities offered at European level.
The Startup Europe Ambassadors will actively contribute to the visibility of Startup Europe activities at the local level by acting as a key information point in their countries and also as connector for the local ecosystem with the other startups ecosystems across Europe. The first members of this group are the organisations who have been selected through the evaluation of proposals of European Commission’s Horizon 2020 ICT 32 call, as well as partners of European funded projects WeP UP! or OpenMaker.
The complete list of Startup Europe Ambassador is published here: http://startupeuropeclub.eu/startup-europe-ambassadors/ and you can meet them during future Startup Europe events organised in 2018:
- STARTUP OLÉ 2018 (17- 19 April, Salamanca, 2000 startupstakeholders, freeregistration),
- EUROPEAN MAKER WEEK 2018 (18-27 May, 300 makerevents in 28 countries),
- Startup Europe Summit 2018 (European Commission’s foremost technology policy conference for startups, 15 October, Sofia).
More information about future events will be published soon on the single point for startups to access all the information they need to grow and thrive, the website you’re visiting right now: http://startupeuropeclub.eu/
Smart Agri Food Presentation at the EU Parliament
The European Foundation for Innovation and Technological Development (INTEC Foundation) is preparing a major global event for the promotion of entrepreneurship and digital innovation in the field of technologies for the Agrifood value chain. The value of this sector is about 3.801 billion USD. This activity is supporting the EU Startup Europe initiative in the DG Connect of the European Commission.
This is the event that we have called “Startup Europe SmartAgri Food Summit” which will bring together some 5,000 people from the emerging sector of startups linked to the AgroTech and FoodTech sectors (Industry, Service Companies, Farmers and Technological Entrepreneurs, Restaurateurs, etc.).
Survey: Exits by Finnish BA’s are profitable, but the risks are high
A new study on the profitability of angel investing, made by the Finnish Business Angel Network (FiBAN) together with Ruben Moring (Åbo Akademi University), is the first broad study on the national angel activity in Finland. This is the largest study made about the angel exits in the Nordics.
By Claes Mikko Nilsen
For professional angel investors, the role of exits is vital and maintains interest towards startup investing. The study covered 126 business angel exits measuring the Internal Rate of Return (IRR) that observes the profitability of the whole investment lifecycle. The key results of the study show that the pooled IRR is 25% and overall realization multiple is 3.75. This shows that the IRR of the exits of professional business angels in Finland is excellent and in line with international studies. However, more than a half (54%) of the exits that were reported during the survey were unprofitable. Also these results are in line with the general risk level of the business angels.
The survey included only one IPO and no unicorn exits. Therefore, the results show that also smaller exits can be quite successful. The average holding period in Finland was 5,5 years, which is longer compared to the international level. Finnish business angels have also been very active with their portfolio companies; on average they have used 28 hours in a month for a company.
“This survey is an excellent initiative to raise understanding on the profitability on angel investing, and compare the activity internationally. By these means, the results seem excellent. Even if an entrepreneur is not expected to actively think of the exit possibilities, for many investors this is a matter that needs to be planned.” comments Torsti Tenhunen, Chairman of FiBAN, in a press release.
Investors with exits behind them bring positive returns
Even though the returns have been excellent it’s important to notice the high risk of angel investing. Investors’ experience and activity in the startup scene avails the probability of making positive exits.
“It’s been interesting to compare the results of the survey to my own exits. I can see that gaining more experience in angel investing, and having wider network covering the startup ecosystem really supports my possibilities towards positive exits. In my experience, many investors that have made exits will do new startup investments.” says Riku Asikainen, Vice Chairman of European Business Angels Network (EBAN).
FiBAN will continue making and developing IRR survey also in the future, aiming to make Finland one of the leading countries comparing startup data to business angel activities.
Social Media Week 2018
In 2018, we will explore our global theme “Closer”, which touches on the intensifying conflict between community and individualism.
At SMW London we will explore the theme through more than 50 sessions, including: mainstage talks, interviews, panel sessions and workshops.
With its new home at the QEII Conference Centre, the event will feature two stages, co-working lounges, speaker AMA lounge, VR showcase, technology vendors, complimentary coffee, snacks and lunch options.
ACCESS LATEST TRENDS IN:
- Data & analytics
- Paid media
- Future of video
- Visual storytelling
- Mobile messaging
- Virtual reality
- AI & chatbots
- Influencer marketing
MEET INSPIRING BRANDS:
- National Geographic
ENJOY A BEAUTIFUL VENUE:
- Two state of the art stages
- Seating for 700+ attendees
- Co-working lounges
- Talks, panels & workshops
- Fireside interviews
- VR showcase
- Installations & tech vendors
Open Banking Is Here.
The use of APIs will accelerate the digital transformation of the financial landscape already sparked by the emergence of financial technology (or FinTech) companies.
Open Banking is just around the corner for European countries, with banks having to open up their data through application programming interfaces (APIs) by January 13 2018.
With public APIs, customers will have more options to interact with their bank. In this scenario, the bank will serve as a platform, on top of which third-party companies (such as startups) can build their own applications using the bank’s data to engage with customers.
Instead of doing all of their banking through one or two firms, customers will most likely have their current account with one provider and then aggregate financial services through other providers, all under the user interface of their choosing.
The Portuguese one-stop for all main banks data
In Portugal there’s an even more straightforward approach that will allow startups to access all main Portuguese banks data in a single platform instead of going to each bank API and adjust their solution in a case-by-case scenario.
Here, SIBS, the country main Fintech innovator, is already working together with the main banks to create an open API standard. This will mean for startups a one-stop access to the main Portuguese banks costumer data.
Startups will be able to build new products and services by accessing and integrating customer’s banking data – with their permission – into their applications.
But, more than this, startups can also have access to further support from SIBS in moving forward their solutions, including the co-development of new solutions, through the new edition of SIBSPAYFORWARD acceleration program, which as applications open until December 15.
Open door to deliver the Fintech Promise
For Fintech startups this changes mean an opportunity to fulfill their promise, the promise of groundbreaking technologies that will transform completely the financial landscape and the way consumers interact with financial products, by generating solutions that consumers will want to use in a widespread way.