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).
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?
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.
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: email@example.com
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.
Madrid Startup House will be at Startup Olé!
Madrid Startup House is going to be at Startup Olé, a great tech event in Salamanca, Spain, on 26th and 27th April!
Madrid Startup House is a pilot initiative which began through Startup Europe. It aims to be a one stop shop where entrepreneurs and startups can find everything they need to startup in Madrid, Spain. It is a neutral space which aims to connect all players of the ecosystem, and facilitate Madrid, and Spain’s, ability to adapt to the Digital Single Market.
Madrid Startup House will be at Startup Olé for both days of the event, to present the Madrid ecosystem and explain more about the initiative.
Madrid Startup House will:
- Be there with its two co-founders Victor Teodosio and Asier Basterretxea
- Have its own stand where you come to visit us and ask all of your questions
- Bring members of the Madrid ecosystem to meet you
- Bring selected top startups from Madrid: more on this very soon!
About Startup Olé
Startup Olé emerged in 2015 from a highly successful European project within Startup Europe (WELCOME). The main objective of this project was to connect the startup ecosystems across Europe and advance European tech entrepreneurship. Although this project has now finished, Startup Olé persists as a unique event to drive entrepreneurship through effective collaboration. In fact, because of its origins, Startup Olé has become something that no other event has been able to achieve: A place where meaningful connections can be made with ALL the key players in the tech ecosystem.
Open call for Creative StartUp Europe Awards 2017
Creative StartUp Europe Awards is looking for partners at local, county, regional and national level
Madrid, 27th March. The call for country and local organisers of Creative StartUp Europe Awards 2017 was launched today in Madrid at the European meeting “How to start me up. Building my creative hub” organised and hostedby Factoria Cultural and supported by the European Creative Hubs Network funded under the Creative Europe Cross-sectoral strand. The project set up a Europe-wide network of creative hubs for cultural and creative professionals and entrepreneurs. The ECHN Skills Workshop is the first one in a series of three workshops which aim to build the professional capacity of creative hub leaders by developing tailored support and skills development tools.
Duringthe meeting “How to start me up. Building my creative hub”, the CEO of Finnova Foundation and the StartUp Europe Accelerator, Juan Manuel Revuelta invited the creative community to participate in the Creative StartUp Europe Awards 2017 through the StartUp Europe Awards Alliance. The aim of this award is to recognize the best startups working on cultural and creative projects in its broadest sense (visual arts, architecture, audio-visuals, literature, music, design and fashion), taking into consideration the originality of the project and its subsequent implementation. Moreover, the projects must pursue a transnational geographical dimension, successfully reaching a European or even global dimension.
The open call is to organise an awardat local, county, regional or national level to recognize these creative startups in their countries. The call is also open to Creative Media Partners, who could provide visibility and follow the progress of the participants and for Creative Ambassadors to Members of the European Parliament who could provide institutional support and invite a group of creative startups to visit EU institutions. Regarding this support, European Parliament presented a resolution on coherent EU policy for cultural and creative industries on December 2016.
The first edition of StartUp Europe Awards in the Creative category awarded thesestartups at national level: Terrible Creations (Croatia) Truzees (Ireland) Audified Reality (Macedonia), Yeba Essentials (Belgium), Convert Art (Greece), Komilibro (Spain), DIS (Italy), Mozello (Latvia), RoboCamp (Poland) and SprayPrinter (Estonia).
More than 20 local events and 14 national awards have been celebrated under the frame of StartUp Europe Awards in 2016 with 91 startups awarded. 18 media partners from all over Europe have been making more visible the progress of the initiative as The Independent Ireland or Emprende TVE for Spain.
If you are interested in become a partner for Creative SEUA17 please contact us: firstname.lastname@example.org
About StartUp Europe Awards
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 Ambassadors and it is implemented by Finnova Foundation in collaboration with Startup Europe. Its aim is to identify local models that serve as an example to new entrepreneurs and for public institutions to develop programs to promote them.
StartUp Europe Awards works as well as a methodology of open innovation through public-private partnerships that allow public entities to find a solution for their local challenges and startupsto prove their innovations in pilots supported by European funding.
StartUp Europe Awards recognizes the effort of the European startups in five levels (local, county, regional, national and European) in fourteen categories for 2017: Creative, Energy, Fintech, Green, Health, IoT, Smart Cities, Social, Tourism, Water, Agritech, Legal, Space and Cibersecurity. A last category is for recognizing the effort of the public administrations in supporting entrepreneurship and innovation: Best Public Administration Award.
StartUp Europe Awards is creating as well an Alliance gathering the organizers of startup awards (accelerators, universities, consultors, businesses angels) all around Europe and beyond, being a forum for the interchange of best practices and networking amongst all the players involved in the European ecosystem.
The winners of the European final of StartUp Europe Awards will gain huge visibility across Europe and access to a mentoring programme (on European funds as SME Instrument from 50000 € to 2.5 M €, communication, lobbying, etc.), through Finnova Foundation and the partners of the StartUp Europe Awards, allowing them to develop their projects and make them more viable at a European level.
About Creative StartUp Europe Accelerator
Creative StartUp Europe is an international programme that connects key Belgian stakeholders with Spanish young entrepreneurs with innovative ideas in the creative and cultural industries. To know more about this initiative please visit
About Creative Hubs
A creative hub is an infrastructure or venue that uses a part of its leasable or available space for networking, organisational and business development to the cultural and creative sectors. Many co-working spaces in the creative sector refer to themselves as “creative hubs”.
By facilitating co-creation, Creative hubs can help to make out the most of the sharing economy. In some countries, creative hubs also provide valuable solutions to the high rates of youth unemployment by providing not only an inspiring working environment and useful contacts but also to provide an innovative business environment for cultural and creative start-ups. The increasing attractiveness of the concept of creative hubs in the EU can help breathe new life into declined industrial areas, enhance tourism and investment, provide educational opportunities as well as cultural and creative spaces. The project also set up some business support measures as well as a peer-to-peer hubs exchange programme to enhance concrete project development and cross-country learning.
Interview with Co-Founder of Madrid Startup House, a Startup Europe initiative, in El Economista
Victor Teodosio, Co-founder and Director of Madrid Startup House, was recently interviewed by the Spanish magazine El Economista for their SME magazine.
Madrid Startup House is an initiative of Startup Europe which aims to bring a homogenous structure to the Madrid startup ecosystem and help it become an internationally recognised digi-tech and startup-friendly city. It is a pilot project which will soon be developed in other cities in Europe, to create homogenous structures in each hub so that they may work, collaborate and easily share information. The initiative aims to help cities adapt further to the Digital Single Market, one of the main priorities of the European Commission.
The interview with Victor Teodosio can be found on pages 4-6.
The magazine also features an interview with Isidro Laso, Head of the Startup Europe initiative, pages 8-10.
You can read the interview in Spanish here.
Take part in the Correos open call!
Correos is launching the first call of the CorreosLabs with the “Lehnica Challenge” aimed to develop professional projects which contribute to innovative products or services within a framework.
Correos is implementing several initiatives aimed at exploring new business lines while at the same time modernizing and improving the services it already provides.
One of these initiatives is CorreosLabs, a space created to develop entrepreneurial talent and establish a co‐working environment, where knowledge can be exchanged and ideas, concerns and opinions shared with like-minded entrepreneurs and professionals from different industries to build new, long-lasting business connections.
In its initial stage of new business, there is a greater willingness to adopt and develop new ideas that in turn, encourage collaboration among different players, thus allowing outcomes with a greater degree of innovation to be obtained.
Correos is launching the first call of the CorreosLabs “Lehnica Challenge” with these rules in mind.
The “Lehnica Challenge” is aimed at entrepreneurs: incorporated companies and self‐employed professionals which have been in business for three years at most.
Both companies and self‐employed professionals shall have their registered or professional office in Spain.
The solutions we are looking for:
Five innovative business projects will be selected from the following themes:
Logistics – projects that improve environmental logistics such as, traceability, new delivery models, urban logistics, circular economy, energy efficiency, new route models, dynamic deliveries, drones, autonomous vehicles.
Society – projects that improve the quality of life for people in cities and rural areas, for example, e-health, smarter cities, collaborative economy, new production models.
Digitization – digital projects that are based on emerging technologies that allow the transformation of traditional businesses, such as: payments, blockchain, digital identity, artificial intelligence, additive manufacturing and virtual reality.
Correos’ Contribution per Project:
- A contribution of up to €30,000 will be given to each project selected.
- A one year acceleration programme will be offered to the selected projects and entrepreneurs to drive forward and validate their proposed business models.
- Access to the following resources during the acceleration programme:
- Space in a Correos building in Madrid (CorreosLabs) with the facilities and technology to develop projects in a co‐working environment.
- Coaching and mentoring opportunities for the projects selected.
To apply, visit this website: http://bit.ly/2mpjjqt
Armenian startups invited to apply for Startup Olé, April 26-27, Spain, by 15th March
Calling Armenian startups! Apply by 15 March to go to Startup Olé in Spain
The Armenian tech and startup ecosystem made a thriving development during the last years. In IT sphere alone, more than 12,000 people work in 450 companies and in relevant support structures. Traditionally, there are strong ties between Armenian startups and the US and Silicon Valley. Now the Armenia startup ecosystem also reaches out to Europe more actively. This is conditioned by the fact that Armenia used to be an “engineering hub” during Soviet era, where over 30% of all the military electronics, R&D and production took place.
Currently, Armenia boasts top-notch technical expertise incorporated in promising startups which can open new opportunities for European partners.
“In this regard, Startup Europe is proud to partner with “Support to SME Development in Armenia” (SMEDA) project in cooperation with Enterprise Incubator Foundation (EIF) and Small and Medium Entrepreneurship Development National Center (SMEDNC) of Armenia to support participation of 10 Armenian startups in Startup Ole Conference. The full announcement can be downloaded here.
SMEDA is co-funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by GIZ Private Sector Development in South Caucasus Programme. SMEDA is part of the EU4Business and EU4Innovation initiatives of the European Union.
More information about startups in Armenia can be found here: www.eif.am
Madrid Startup House Foundation presented with VP of Digital Single Market, Andrus Ansip
The Madrid Startup House Foundation was created to boost Madrid into an internationally recognised Digi-Tech and Startup-Friendly city
It began under the umbrella of the European Commission’s Digital Single Market initiative, as a pilot project soon to be developed in other cities
MSH was presented on 6 March 2017 with Vice-President of the Digital Single Market, Andrus Ansip
On 6 March 2017, Madrid’s startup community gathered with Andrus Ansip, Vice-President of the Digital Single Market, for the presentation of the Madrid Startup House Foundation.
Throughout the meeting, the role that Madrid Startup House Foundation will play in overcoming the challenge of adapting to the Digital Single Market was discussed. The Digital Single Market is one of the European Commission’s key priorities: it aims to tear down regulatory barriers and create a more vibrant, connected and seamless European Digital Market.
The event was opened by Andrus Ansip, Vice-President of the Digital Single Market. He explained that Europe is full of creativity, that there are lots of good ideas, but that to scale-up in the European Union is difficult. He said that the Digital Single Market, is needed for everybody and will be really beneficial for startups. VP EC Ansip also highlighted the huge market potential we have in the EU, with 500 million customers, and how mobile applications are an incredible source of jobs which are often undervalued.
The event was chaired by Manuel Gago, Vice-President of the Spanish Confederation of Directors and Executives (Confederación Española de Directivos y Empresarios, ‘CEDE’). Focusing on the city level, Carlos Barrabés (Serial Entrepreneur, Barrabés.com) insisted on the importance of networks by claiming that Madrid Startup House is a really collaborative project, as it can count on the support of the people of Madrid and “it will include us in a greater European network‘.
Victor Teodosio, Co-Founder of Madrid Startup House Foundation (Hugin and Munin), introduced the concept of Madrid Startup House by saying that the idea was born through Startup Europe. He said, “Madrid is a city with a lot of activities for startups; there are a lot of resources, but they are widely dispersed. What is needed is a single entry point to connect all players in the ecosystem. The overall goal of Madrid Startup House is to position Madrid as an internationally recognised Digi-Tech and Startup-Friendly city, and connect to other markets such as the rest of Europe, the US and Latin America”.
Asier Basterretxea-Gomez, Co-Founder of Madrid Startup House Foundation (Socios Inversores), went on to explain the long-term goals of Madrid Startup House Foundation. He said, “Our goal is to position Madrid in the top ten digital cities in Europe by 2020, and to be in the top 5 by 2025. We want to inspire: we want to inspire digital talent, inspire people to invest in startups, and most importantly, inspire women and facilitate their route into entrepreneurship”.
Teresa Alarcos, Chairwoman of the Board of Trustees, concluded the presentation of the initiative with a strong call to action, informing all participants that “We are now creating personalised sponsorship and partnership programmes for those that want to sponsor Madrid Startup House. Partnering with Madrid Startup House Foundation will not only boost your city of Madrid, but it will have a direct, positive impact on you too. ”
The decision to focus this initiative at a city level was also discussed. Isidro Laso, Head of the Startup Europe initiative at the European Commission, pointed out that, “We know via Startup Europe, that startups are a local phenomenon. It’s not even regional, it’s very local – on a city level”. He said, however, that “even within cities there can be several ecosystems co-existing. The target is to establish in these cities the homogenous structures where they do exist yet. The EU added value is then connecting all of these cities together”.
Asier Basterretxea-Gomez, Co-Founder of Madrid Startup House Foundation, also added that “The principles on which Madrid Startup House is based, its methodology, is such that it can then be transferred to other ecosystems, and become itself a white paper of best practices”.
To find out about how you can become a sponsor of Madrid Startup House, contact the Founders of MSH, or the Chairwoman of the Board of Trustees:
Co-Founder of Madrid Startup House:
Co-Founder of Madrid Startup House:
Asier Basterretxea Gómez
Chairwoman of the Board of Trustees:
Teresa M. Alarcos Tamayo