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Startups

Web Summit

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”.

For more info click here:

Web Summit

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Why Berlin’s Silicon Allee is Europe’s new Silicon Valley [infographic]

As the UK prepares to “brexit,” Berlin’s Silicon Allee is poised to take its place as the EU’s new Silicon Valley. Various entrepreneurs think Berlin will take London’s place as the EU’s capital for business after the departure. In fact, Inc. reports results from a recent Inc. 5000 survey that indicate 26 percent of EU entrepreneurs believe Berlin will emerge as the EU’s new business center. Others surveyed think Frankfurt will take the crown—but only two respondents said London will remain on top.

As Arne Schepker, CMO of online language learning system Babbel explains: “Berlin is here to stay. In Europe, only London can compete right now and the impending Brexit is not going to make the UK any more attractive. I personally think Berlin needs more breakthrough showcases like Zalando to build confidence globally and raise valuations.”

There are several favorable conditions that give Berlin an edge in this race. The city boasts a low cost of living compared to tech competitors like London, San Francisco and New York City. There is also a steady stream of skilled labor in Berlin, not to mention easy access to the rest of the EU.

Furthermore, there is already an American tech presence in Berlin. Several big companies like Airbnb and Facebook already have offices there, and incubator programs are readily fostering German startups such as EyeEm and N26 in Berlin. In fact, according to Ernst & Young, Berlin is now home to around 2,500 active startups, which have attracted about $2.7 billion* in venture capital in total. This means Berlin is attracting more money than startups anywhere else in the EU—but not nearly as much as Silicon Valley.

So, what’s the downside? Entrepreneurs still face barriers to entry in Berlin that don’t exist in Silicon Valley or London. Although it is growing fast, Berlin’s talent pool is significantly smaller than London’s. (This may be changing even more rapidly as Brexit causes a talent drain in the UK.) This problem is heightened by the lack of an alumni network that is dependent on a minimum volume in exits. To get to a better place in this regard, entrepreneurs in Berlin will need to either sell their startups or take them public, triggering more local investment.

All things considered, though, Berlin’s Silicon Allee is EU’s new Silicon Valley. This is especially true since the cost of living is pricing out many tech companies as it prices out their workers. We crunched the data to show you how and why that’s going to happen—and why more and more startups, originating in both the EU and the US, are going to be sprouting in Berlin.

You can read the full article at 99 designs.

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The debut of ‘Startup Europe China Network’ at Startup Ole

The third edition of Startup Olé on 26-27 April of this year was a major success. More than 400 startups, 200 international speakers, as well as a variety of corporates, investors, accelerators, universities and media from across Europe came together for two days in Salamanca to exchange ideas and brainstorm on entrepreneurship. Startup Olé was created in 2015 to provide a unique networking and pitching opportunity for the key players and their projects in the European tech startup ecosystem.

Oneof the main new initiatives presented this year was‘Startup Europe China Network’, which will link the European startup community with one of the EU key strategic partners: China. The initiative was discussed by enthusiast participants to Startup Olé during a dedicated workshop organised by the Brussels-based digital business association ChinaEU on 26th April.

More than 20 startups, investors, corporates, incubators and accelerators from all over Europe intervened in the workshop, which was moderated by Isidro Laso, Head of Startup Europe at DG Connect of the European Commission.

In the lively discussion, consensus wasreached that building partnerships with China is a highly-needed exercise, since China can offer a great deal of opportunities for European startups to scale-up their businesses. This is not only on the ground of a highly dynamic market with many active investors, corporates, angel ventures, but also given the fact that China is becoming a world leader in innovation that can offer European companies inspiring models to learn from and upgrade themselves. However, such partnership requires special considerations, in order to avoid one-way acquisitions of startups by Chinese partners.

The importance of establishing a balanced two-way relationship was also the message of ChinaEU Director Claudia Vernotti in the preceding panel discussion ‘Partnering with Europe: Beyond the EU’, which provided an exchange of experiences among different international partnerships activated between Europe and the Silicon ValleyIndia, Africa, Lebanon and Eastern Europe. ‘Startup Europe China Network’ will make use of the good practices developed under these partnerships.

Thanks to the precious support of over a dozen European players who wish to drive together this new China adventure, I have no doubts that ‘Startup Europe China Network’ can make an impactful contribution in supporting European startups to scale up everywhere in the world” said Claudia.

‘Startup Europe China Network’ will be an open platform to create long-lasting connections between European and Chinese entrepreneurs, corporates and investors, with the aim of creating a channel for innovation exchange, investment and high-tech cooperation between Europe and China.

‘Startup Europe China Network’ is now seeking to consolidate its community by getting further stakeholders to join the enthusiast initiators. To enquire about the network, please do not hesitate to contact claudia.vernotti@chinaeu.eu.

Do not miss out on the opportunity to connect with the ever-growing dynamic Chinese innovation ecosystem!

 

 

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BECOME A LOCAL ORGANIZER OF THE SEN SOIRÉE

 

The Startup Europe initiative is coordinating a large series of SEN SOIRÉES EXPO GALLERIES throughout Europe every season, via local-organizer short meetups that will bring together startup ecosystem, professional organizations & investors.

We are looking for Local Co-Organizers to organize a 2-hour, free event in their city, and introduce the new showcase where 28 local startups abroad Europe exposed  through an artistic photo to reach direct connection with investors and local innovators at the EU level, through the Startup Europe initiative, and at the local level, via the local structure.

You can find more details about this call for action at the Startup Europe Club and Startup Europe News website.

 

A typical meetup within SEN SOIRÉE will be:

We are selecting the best startups in different European regions to be presented around the world In Artistic Photography.

A contemporary Art Innovative Networking that focuses on showcasing entrepreneurs and emerging artists from Europe. Photography created in accordance with the vision of the artist and the startup idea description from our 17 categories.

  • Focused on the regional/local level: Connecting entrepreneurs with projects and startups from the European regions ecosystem.
  • Based on a hands-on approach: the format and the 28 Artistic Photographs should be accessible as possible;
  • A great occasion to network and find innovative and advanced solutions from entrepreneurs around Europe.
  • Participants should be at least 20-30, including a high number of entrepreneurs and a some local authorities.

One of the best ways for entrepreneurs to socialize with colleagues, customers and potential clients is attending SEN SOIRÉES EXPO GALERIE.

The first 28 participants can take home one of the pictures exposed in the art gallery.

 

If you want to become the SEN SOIRÉE co-organizer of your city, please apply at the official web site: http://startupeuropenews.com

 

Do also follow us on Facebook!

 

We hope to welcome you aboard this exciting initiative and please contact us for any further information.

 

The SEN SOIRÉES Team

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European Commission daily news mention: Startup Europe Awards announced today

Startup Europe Awards will be announced today in 10 categories: Creative, Energy, Fintech, Green, Health, ICT’s, Smart Cities, Social, Tourism and Water. The event is supported and promoted by the European Commission to improve the ecosystem for startups and scaleups in Europe.

The best startups from Europe will be announced after having been recognised in 14 national competitions that took place in 2016 across Europe. The ceremony will take place at the European Parliament. The awards will be handed over by Antonio Tajani, President of the European Parliament, Carlos Moedas, European Commissioner in charge of Research, Science and Innovation and Gonçalo Lobo Xavier, First Vice-President of the Committee of Regions.

The Startup Europe Awards final will also announce the Best Public Administration for Startups, recognising the best public services supporting entrepreneurs, and the Best Media Partner, to the most committed media with the dissemination of information about entrepreneurship.

Additionally, the Scale Up Europe Report will be presented during the ceremony in the afternoon. The study gives an overview on how many scaleups are in Europe, which are the top sectors among the scaleups, how much money has been raised, as well as highlight the best examples.

Further details can be found here. Extracts from the award ceremony will be transmitted by EbS on Thursday.

(For more information: Nathalie Vandystadt – Tel.: +32 2 296 70 83; Inga Höglund – Tel: +32 2 295 06 98)

 

 

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StartUp Europe Awards will recognize the best European startups in 10 categories

  • The StartUp Europe Awards ceremony will count on the honorific presence of the European Parliament, Antonio Tajani.

  • In total, 84 startups coming from 14 countries have competed to be appointed best startup in Europe in any of the 10 categories of the prize.

  • The initiative will also recognise the “Best Public Administration for startups”, a pioneering award addressed to the best public programme which supports startups and their entrepreneurship values

Brussels, 31th of May 2017. The StartUp Europe Awards initiative, promoted by the European Commission and implemented by Finnova Foundation, in collaboration with StartUp Europe, will recognise for the first time the best startups in Europe in 10 categories, in the so-called “Eurovision for startups”. This recognition will take place in Brussels next Wednesday, 7th of June, in a ceremony that will count on the honorific presence of the President of the European Parliament, Antonio Tajani.

84 finalist startups coming from Croatia, Greece, Poland, Finland, Estonia, Latvia, Spain, Belgium, Luxembourg, Slovenia, Italy, Ireland, Macedonia and Montenegro will opt for the recognition of best startup in the categories of Creative, Energy, Fintech, Green, Health, ICT, Smart Cities, Social, Tourism and Water.

The awards will be delivered by the President of the European Parliament, Antonio Tajani; the Commissioner for Research, Science and Innovation, Mr. Carlos Moedas; the Vice-President of the Committee of the Regions, Karl-Heinz Lambert; the Vice-President for Communication of the European Economic and Social Committee, Gonçalo Lobo Xavier andthe DG for Employment, Social Affairs and Inclusion, Mr. Michel Servoz.

In addition to distinguishing the best startups from Europe in 10 categories, the StartUp Europe Awards final will also recognise the best Public Administration for the Startups, a pioneering prize which aims to recognise the best programmes or public services supporting entrepreneurs and innovation inmunicipality, province, region and international organism category. The initiative also recognises the Best Media Partner, a prize that will be given to the media partner most committed to the dissemination of the entrepreneurship and the startups.

Finally, the president of the organisation “Mind the Bridge”, Alberto Onetti, will present in the ceremony the last report of “Scaleup Europe” by Startup Europe Partnership (SEP). This report includes new data about Scaleups and capital raised in Europe, plus a comparison among regions, countries and sectors. The maturity of the EU scene, the potential impact of Brexit, and recent growth ends the report, along with a survey of the largest verticals present in Scaleup Europe, and which countries these verticals are most represented in.

All the winners of StartUp Europe Awards will obtain great visibility all around Europe thanks to the Media Partner Alliance of StartUp Europe Awards formed by 21 media members. The startups will alsohave access to a programme of mentoring (in internationalization, European funds like SMEs Instrument of 50.000 € to 2,5 million € of non-refundable subsidy, international communication, etc.), through the StartUp Europe Accelerator of Finnova Foundation, which will allow them to boost their projects and to make them more viable worldwide.

About StartUp Europe Awards

StartUp Europe Awards is an initiative that seeks to identify and recognise local models of success which become an example to other entrepreneurs, to the public administrations for developing custom-made programmes to stimulate its growth and to the investors for approaching local ecosystems.

“From the Commission, we want that entrepreneurship generating growth and employment is not only present in a few cities or regions. Thus, more people can benefit from the impact” assures Isidro Laso, Head of StartUp Europe’s Sector – European Commission.

StartUp Europe Awards also proposes a methodology of open innovation through the public – private partnership, “that works for the public entities to find a solution for its local challenges and for the startups to try its innovations in pilots supported with European funding”, declares Juan Manuel Revuelta, Director of StartUp Europe Accelerator by Finnova Foundation.

More than 20 local events and 14 national awards have been celebrated under StartUp Europe Awards´ frame in 2016, with 91 startups winners and 84 that made it to the final. 21 media Partners of the whole Europe, as The Independent in Ireland or Emprende TVE in Spain, they have helped to give visibility to this initiative. 9 members of the European Parliament have come together in the StartUp Europe Awards as ambassadors, supporting the local events with their presence and following closely the progress of the startups.
StartUp Europe Awards is an initiative promoted by the European Commission and it is supported by the President of the Committee of the Regions, several members of the European Parliament as Ambassadors and implemented by the Finnova Foundation in collaboration with Startup Europe.

Press Contact:

Catalina Valencia
Tel: (+34) 636889177
eustartup@finnova.eu

 

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Vote for Startup Europe in the 2017 ECOFIN awards

Startup Europe has been chosen by ECOFIN as one of the finalists in their 2017 awards.

Startup Europe has been put forward for the ‘institutional’ category in the ‘Titans of Finance’ awards. This means that Startup Europe has been recognised for its work to help people across Europe, on an institutional level, with the financial aspects of starting their startup and helping them to grow across Europe.

You can vote for Startup Europe here (the website is in Spanish, Startup Europe is in the last option).

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Seedstars Summit

57% of world GDP comes from emerging markets. 87% of the world’s population lives in emerging markets. 80% of the world’s smartphones will be in emerging markets by 2020.

What does this all mean?

Opportunity.

Join us for the Seedstars Summit 2017 on April 6 and watch 70+ startups from the fast growing startup hubs around the world compete for equity investment of up to $1,000,000. Not only will you meet the best entrepreneurs from 65+ countries, you will also connect with investors, government officials, corporate innovators and CEOs from Africa, Asia, LATAM, CEE and the MENA region.

Get ready for breakout sessions, panel discussions and specialized workshops on fintech, edtech, digital health, agritech, IoT, hardware, social networking, clean tech – and much more.

 

 

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Financial technology startups are invited to apply for the Rietumu Fintech Challenge 2017!

On April 26, Riga will host the biggest competition in the Baltics for startups developing financial technologies (FinTech). Rietumu Banka established the competition two years ago, and it is currently the largest event in the region. Thanks to the initiative of Rietumu Banka,many startups are now motivated to develop and improve the FinTech environment. The main prize on offer in the Rietumu Fintech Challenge 2017 is EUR 5,000. Register* until April 7 here.

Last year, 25 startups applied to take part in Rietumu Fintech Challenge 2016. The winner of the main prize was Nordigen, a startup from Latvia – a tool helping lenders to automatize the data analysis of borrowers’ bank printouts.

According to Roberts Bernāns, Development Director of Nordigen, “The Rietumu Fintech Challenge is a valuable event, because FinTech culture in Latvia is very active. It is good that big companies are providing support for such initiatives. Especially so, when the support comes from Rietumu Banka which also helps startups to function using the platform it provides. In preparing for the competition last year, we had a defined technology, but we lacked a clear understanding of its applicability. However, the presence of many mentors from the banks and other large financial enterprises gave us the chance to understand whether our service was useful and appropriate for them. Moreover, the large number of foreign experts involved helped us to understand whether our service was viable beyond the borders of Latvia. Our success in this competition is our quality mark and a reference we often use in order to increase the credibility of our brand.”

This year, the involvement of more participants from all the Baltic States, Scandinavia and Russia is expected. As previously, the jury will assess the submitted applications. After all applications, have been reviewed, the strongest startups will be selected for the final. The finalists will have the opportunity to spend a full day working with FinTech industry experts and mentors. These experts will share their advice and experience to encourage the teams to formulate their future vision of their product and business in general as precisely as possible, as well as to prepare the startups for the presentation to investors at the end of the day.

The Rietumu Fintech Challenge 2017 is organised by the Latvian Startup association StartinLV in collaboration with Rietumu Banka.  Both parties signed the collaboration agreement at the beginning of 2017. Previously, Rietumu Banka has actively supported different initiatives of startups, for instance, participating in FinTech Club – the series of closed events specially organised for startups working in financial technologies.

Jevgēnijs Djugajevs, Board Member of Rietumu Banka explains that, “Launching a successful FinTech project is complicated. The need to deal with real money and reveal private financial information means that user requirements in regard to new solutions are often high. While it is possible to create something unique, the company should not only be thinking about launching a product; it also has to ensure the product’s reliability and security. It is important to comply with regulations and to avoid bankruptcy. Sometimes companies launch an unfinished project expecting to deal with emerging problems on the go. In our field, this is almost impossible. Therefore, the Rietumu FinTech Challenge has a professional jury that can guide entrepreneurs in the right direction, help them find solutions to problems, and last but not least, to identify the leader amongst the crowd.”

Jekaterina Novicka Chairperson of the Board of Latvian Startup Association says, “We are truly glad that through the Rietumu Fintech Challenge, we can showcase Latvia as a platform able to attract financial technology industry teams from all over the region. It is also a unique opportunity for Latvian FinTech startups to learn, establish contacts and further cooperate with internationally recognized experts. The Rietumu Fintech Challenge is a fantastic chance to understand and exploit the advantages offered by banks.”

Rietumu Fintech Challenge 2017 welcomes applications from startups that already have working product or its prototype.  The product must be appropriate for use in the FinTech field. From all the applications, the jury will select the strongest startups, which will then be invited to take part in the all-day mentoring session and compete for the main prize. Register* until April 7 here: https://www.f6s.com/rietumufintechchallenge2017/apply

*In order to register for the Rietumu FinTech Challenge 2017, it is necessary to create a startup profile using the free platform http://f6s.com. Afterwards, you can fill in the questionnaire and to register for the competition. If you have any questions regarding registration, please do not hesitate to contact the project manager Aļona Beļinska by e-mail: alona@startin.lv

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EU-Startups conference

The EU-Startups Conference is an annual event which showcases a selection of Europe’s hottest startups and wich set out to connect and inspire the best entrepreneurs and investors from across Europe.

There will be fireside chats with internationally successful founders like Jesper Buch (Just Eat founder / angel investor) and Peter Vesterbacka (Rovio, Angry Birds, Slush, Lightneer), interesting speeches, an “Investors on Stage” session and great networking opportunities.

In addition there will be an exciting pitch competition with 15 exciting startups from all across Europe. The pitch competition will be judged by a team of well known investors and winning startup team will receive a prize package worth more than €11,000.

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