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#Entrepreneurial ecosystem Eastern Europe
eeitonline · 1 year
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Unlocking Entrepreneurship: Creating a Culture of Business in Eastern Europe
by Eastern European Institute for Trade
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Eastern Europe has long been recognized as a region with untapped potential for entrepreneurial activity. However, fostering a culture of entrepreneurship has proven challenging due to historical, political, and economic factors. This article explores the key elements necessary to unlock entrepreneurship in Eastern Europe, including regulatory changes, access to financing, education and training, and the development of a supportive ecosystem. To create a thriving entrepreneurial culture, it is crucial to address these factors and learn from best practices around the world.
Regulatory changes are essential in establishing an environment conducive to business creation and growth. By simplifying bureaucratic procedures and eliminating unnecessary red tape, countries can encourage the establishment of new businesses (Klapper, Laeven, & Rajan, 2006). Furthermore, implementing policies that protect property rights, ensure contract enforcement, and create a level playing field for competition can increase entrepreneurial activity (Djankov, La Porta, López-de-Silanes, & Shleifer, 2002).
Access to financing is a critical aspect of entrepreneurship, as it allows individuals to start and expand their businesses. Eastern European countries should work on developing a robust financial system that caters to the needs of small and medium-sized enterprises (SMEs) (Beck, Demirgüç-Kunt, & Maksimovic, 2005). This includes providing alternative financing options, such as venture capital and crowdfunding, to complement traditional bank loans.
Education and training play a vital role in shaping entrepreneurial mindsets and equipping individuals with the skills necessary to succeed in business. Eastern European countries should invest in education that promotes creativity, problem-solving, and risk-taking, as well as provide training programs tailored to the specific needs of entrepreneurs (Piperopoulos & Dimov, 2015). This includes fostering university-industry collaborations and promoting innovation through research and development.
Lastly, creating a supportive ecosystem for entrepreneurs is imperative. Networking opportunities, mentorship programs, and business incubators can all contribute to the growth and success of new ventures (Acs, Autio, & Szerb, 2014). In addition, fostering a culture of collaboration and knowledge-sharing can help entrepreneurs overcome challenges and learn from one another.
By addressing these key elements, Eastern European countries can unlock the potential of their entrepreneurial talent and create a thriving culture of business. This, in turn, will contribute to economic growth, job creation, and a more vibrant and diverse economy.
References:
Acs, Z. J., Autio, E., & Szerb, L. (2014). National systems of entrepreneurship: Measurement issues and policy implications. Research Policy, 43(3), 476–494.
Beck, T., Demirgüç-Kunt, A., & Maksimovic, V. (2005). Financial and legal constraints to growth: Does firm size matter? The Journal of Finance, 60(1), 137–177.
Djankov, S., La Porta, R., López-de-Silanes, F., & Shleifer, A. (2002). The regulation of entry. The Quarterly Journal of Economics, 117(1), 1–37.
Klapper, L., Laeven, L., & Rajan, R. (2006). Entry regulation as a barrier to entrepreneurship. Journal of Financial Economics, 82(3), 591–629.
Piperopoulos, P., & Dimov, D. (2015). Burst bubbles or build steam? Entrepreneurship education, entrepreneurial self-efficacy, and entrepreneurial intentions. Journal of Small Business Management, 53(4), 970–985.
Read more at Eastern European Institute for Trade.
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psatalk · 4 months
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Six Indian and Asian megatrends at the time of drupa24
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We are used to receiving wisdom from the West, including the perspectives on the future of technology, industry, business and society. However, please remember that it is reliably reported and frequently quoted by Western scholars, that when MK Gandhi was once asked, “What do you think of Western civilization?” he replied, “I think it would be a good idea.” I know that it may seem presumptuous for me to offer some megatrends from the Indian and Asian point of view – but one must acknowledge the excellent writing by journalists, authors, economists, and historians in our newspapers across the sub-continent and the continent. One must also acknowledge the outspoken statements of fact, reason and eloquence of the South African lawyers in the International Court of Justice at The Hague and its ministers at public forums.
Megatrends –
The narrative has shifted, and changed, from the powerful mainstream media to the ordinary professional and citizen journalist, editor, videographer, and producer. Nowhere and none are innocent of misinformation and disinformation, but in the last eight months, the Western media has distinguished itself with its tunnel vision of false narratives and denials. It has done its best to kill the mainstream media and while many of its notable Indian proponents remain in denial and thrall, to the power of the big Western media, the mainstream media has helped to shift the media to citizens, freelance journalists, alternative media companies including non-profits, and social media. 
There is a megatrend of reverse globalization with Asians investing in Europe and America with better technology and cost-effective production. This is necessary because developed countries have been able to get away with one-way traffic in goods, technology and services except where outsourcing is much cheaper such as in back offices and software. This is changing as services and software companies in Eastern European and Asian countries are not merely writing code but designing new hardware, technological, industrial and software products and services built with lower energy costs including renewable power and higher human productivity. There is also the reverse flow of capital for better access to technology and markets with protectionist regimes.
Megatrend three – exporters from Asia bring agility and flexible solutions. They have learned to listen to the customer and to come up with customer-driven solutions. They have learned to leverage and combine both cloud service and the appropriate human intervention at the appropriate time. This trend will be visible at drupa 24 in Dusseldorf both in the strength of Asian exhibitors and visitors and the gradual diminishing of such shows in light of shows that are now proliferating in Africa, Asia and Latin America. The regional and national shows are gaining in importance and quality of exhibitors and the active entrepreneurial skills and wealth of the visitors.
The awareness and implementation of standards is a global megatrend. It includes scientific testing and documentation. In Asia, it is very visible with the significant investments in well-qualified human resources and instrumentation in industry laboratories. Research and development, application know-how, and intellectual property are being locally generated. 
The fifth megatrend is also global and not restricted to Asia. It is the megatrend of industry consultation across supply chains. Without the new collaborative ecosystems industrial obligations such as climate change and plastic recycling cannot be addressed. These modules and networks are now also originating in Asia. Those perceived as hypercompetitive are learning how to work together, balancing intellectual property and combining business interests. This is not an easy megatrend, but one of the most powerful.
The sixth and last megatrend in our context that has been emerging for the past 20 years is ‘cloud-feudalism.’ This is a term first used by the Greek economist and former minister Yanis Varoufakis, which I will describe in my own words – we are all tending in most countries and economies around the world to become employees of big tech. Whether it is Microsoft, Facebook, Amazon, or Google or our airline, rail transport, banking system, income tax or other government services, we are expected to be connected by smartphone and the internet to perform a good portion of the tasks that were earlier done by human beings that worked for the suppliers of products and services. Even if we purchase something we will be subjected to endless queries and rating systems. We are doing the work for their benefit and apart from paying for their services, we are also paying the government for the privilege of doing so.
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ippnoida · 4 months
Text
Six Indian and Asian megatrends at the time of drupa24
Tumblr media
We are used to receiving wisdom from the West, including the perspectives on the future of technology, industry, business and society. However, please remember that it is reliably reported and frequently quoted by Western scholars, that when MK Gandhi was once asked, “What do you think of Western civilization?” he replied, “I think it would be a good idea.” I know that it may seem presumptuous for me to offer some megatrends from the Indian and Asian point of view – but one must acknowledge the excellent writing by journalists, authors, economists, and historians in our newspapers across the sub-continent and the continent. One must also acknowledge the outspoken statements of fact, reason and eloquence of the South African lawyers in the International Court of Justice at The Hague and its ministers at public forums.
Megatrends –
The narrative has shifted, and changed, from the powerful mainstream media to the ordinary professional and citizen journalist, editor, videographer, and producer. Nowhere and none are innocent of misinformation and disinformation, but in the last eight months, the Western media has distinguished itself with its tunnel vision of false narratives and denials. It has done its best to kill the mainstream media and while many of its notable Indian proponents remain in denial and thrall, to the power of the big Western media, the mainstream media has helped to shift the media to citizens, freelance journalists, alternative media companies including non-profits, and social media. 
There is a megatrend of reverse globalization with Asians investing in Europe and America with better technology and cost-effective production. This is necessary because developed countries have been able to get away with one-way traffic in goods, technology and services except where outsourcing is much cheaper such as in back offices and software. This is changing as services and software in Eastern European and Asian countries are not merely writing code but designing new hardware, technological, industrial and software products and services built with lower energy costs including renewable power and higher human productivity. There is also the reverse flow of capital for better access to technology and markets with protectionist regimes.
Megatrend three – exporters from Asia bring agility and flexible solutions. They have learned to listen to the customer and to come up with customer-driven solutions. They have learned to leverage and combine both cloud service and the appropriate human intervention at the appropriate time. This trend will be visible at drupa 24 in Dusseldorf both in the strength of Asian exhibitors and visitors and the gradual diminishing of such shows in light of shows that are now proliferating in Africa, Asia and Latin America. The regional and national shows are gaining in importance and quality of exhibitors and the active entrepreneurial skills and wealth of the visitors.
The awareness and implementation of standards is a global megatrend. It includes scientific testing and documentation. In Asia, it is very visible with the significant investments in well-qualified human resources and instrumentation in industry laboratories. Research and development, application know-how, and intellectual property are being locally generated. 
The fifth megatrend is also global and not restricted to Asia. It is the megatrend of industry consultation across supply chains. Without the new collaborative ecosystems industrial obligations such as climate change and plastic recycling cannot be addressed. These modules and networks are now also originating in Asia. Those perceived as hypercompetitive are learning how to work together, balancing intellectual property and combining business interests. This is not an easy megatrend, but one of the most powerful.
The sixth and last megatrend in our context that has been emerging for the past 20 years is ‘cloud-feudalism.’ This is a term first used by the Greek economist and former minister Yanis Varoufakis, which I will describe in my own words – we are all tending in most countries and economies around the world to become employees of big tech. Whether it is Microsoft, Facebook, Amazon, or Google or our airline, rail transport, banking system, income tax or other government services, we are expected to be connected by smartphone and the internet to perform a good portion of the tasks that were earlier done by human beings that worked for the suppliers of products and services. Even if we purchase something we will be subjected to endless queries and rating systems. We are doing the work for their benefit and apart from paying for their services, we are also paying the government for the privilege of doing so.
0 notes
jcmarchi · 7 months
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Tech Titans of Tomorrow: Unveiling the Future of Tech Businesses in Poland - Technology Org
New Post has been published on https://thedigitalinsider.com/tech-titans-of-tomorrow-unveiling-the-future-of-tech-businesses-in-poland-technology-org/
Tech Titans of Tomorrow: Unveiling the Future of Tech Businesses in Poland - Technology Org
Poland stands on the brink of a technological renaissance, with its burgeoning tech scene promising a future replete with innovation and growth. From dynamic startups to established tech giants, the country is becoming a beacon for tech entrepreneurship. This article delves into the evolving landscape of tech businesses in Poland, exploring the potential and challenges that lie ahead. Join us as we embark on a journey through the heart of Poland’s tech revolution.
The Rise of Polish Startups & A New Era of Innovation
Poland’s startup ecosystem is thriving, fueled by a combination of entrepreneurial spirit, skilled talent, and supportive government policies. With success stories like CD Projekt Red and Brainly, Poland is proving to be fertile ground for tech innovation. Fact: The country has seen a significant increase in venture capital funding, with tech startups attracting over €477 million in 2020 alone. This surge is a testament to the growing confidence in Poland’s tech potential.
Harnessing the Power of Tech Hubs
Krakow and Warsaw are emerging as central hubs for tech businesses in Poland, drawing in talent and investment from around the globe. These cities offer a vibrant ecosystem for tech companies, complete with coworking spaces, incubators, and a thriving community of tech enthusiasts. Fact: Warsaw’s thriving tech scene is home to over 2700 startups, while Krakow is not far behind, fostering innovation through events like the annual Impact fintech conference.
The Road Ahead for Polish Tech
Despite the promising growth, Polish tech businesses face challenges such as access to funding, global competition, and the need for regulatory support. Addressing these challenges is crucial for sustaining growth and innovation. Fact: The Polish government has introduced initiatives like the Start In Poland program, aiming to make Poland a leading tech hub in Central and Eastern Europe by providing support and funding to tech startups.
The Future is Digital: Emerging Technologies Shaping Poland’s Tech Landscape
Emerging technologies like artificial intelligence, blockchain, and cybersecurity are shaping the future of tech in Poland. These technologies offer vast opportunities for innovation and have the potential to transform industries. Fact: Poland ranks among the top countries in Europe for the number of developers specializing in emerging technologies, showcasing the country’s readiness to lead in the digital future.
Setting the Foundation. Company Incorporation in Poland
Navigating the waters of company incorporation and VAT registration in Poland is a critical step for tech entrepreneurs aiming to establish a solid foundation for their business ventures. The process of company incorporation formalizes the existence of a business, allowing it to operate legally within the Polish market. This procedure not only legitimizes a startup but also opens doors to a plethora of benefits, including access to funding and the ability to issue invoices.
Following incorporation, VAT registration becomes the next crucial step. It’s not just a regulatory requirement; it’s a gateway to operating in the wider European market. With VAT registration, businesses can reclaim VAT on expenses, enhancing cash flow and financial efficiency. Fact: Poland’s streamlined processes for company incorporation and VAT registration reflect the country’s commitment to fostering a supportive environment for burgeoning tech businesses. By simplifying these legal necessities, Poland ensures that tech entrepreneurs can focus more on innovation and less on red tape, fueling the growth of a vibrant and competitive tech sector.
The future of tech businesses in Poland shines brightly, with a landscape ripe for innovation and growth. As the country continues to nurture its tech ecosystem, the world watches in anticipation of the next big breakthrough. With the right mix of talent, investment, and government support, Poland is poised to become a cornerstone of the global tech industry. The journey of Polish tech businesses is just beginning, and the possibilities are limitless.
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jdblogs11 · 1 year
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The Evolution of Software Companies: From Silicon Valley to Global Giants.!
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The Birth of Silicon Valley: The story of software companies begins in the heart of California’s Santa Clara Valley, famously known as Silicon Valley. In the 1950s and 60s, this region saw the emergence of pioneers like Hewlett-Packard and Intel, laying the foundation for the software revolution. The valley’s unique ecosystem of innovation, venture capital, and entrepreneurial spirit gave birth to the world’s first software companies.
The Rise of Microsoft and Apple: The 1970s and 80s witnessed the meteoric rise of companies like Microsoft and Apple. Bill Gates and Steve Jobs, visionaries of their time, transformed personal computing by introducing user-friendly software like Windows and the Macintosh operating system. These companies set the stage for a new era of computing, making computers accessible to everyday people.
The Internet Age: With the advent of the internet in the 1990s, software companies found new opportunities to thrive. Tech giants like Google, Amazon, and Facebook emerged, offering search engines, e-commerce platforms, and social networking sites that reshaped how we interact with the world. These companies leveraged the power of software to disrupt traditional industries and create entirely new ones.
The Globalization of Software: In the 21st century, software companies expanded their reach globally. Outsourcing and offshoring became common practices, leading to the rise of software development hubs in India, Eastern Europe, and other regions. Companies like Infosys, TCS, and Wipro gained prominence by providing cost-effective software solutions to businesses worldwide.
The Age of Startups: Today, the software industry is not just dominated by established giants but also by a thriving startup ecosystem. Tech hubs like Silicon Valley, Berlin, and Tel Aviv continue to churn out innovative software companies focused on everything from artificial intelligence to blockchain technology. These startups are disrupting industries, creating new markets, and driving innovation at an unprecedented pace.
Challenges and Opportunities: While software companies have achieved remarkable success, they also face challenges related to cybersecurity, privacy concerns, and ethical dilemmas. As they continue to innovate, they must navigate a complex landscape of regulations and public expectations.
In conclusion, the journey of software companies has been nothing short of remarkable. From their origins in Silicon Valley to their current status as global giants, they have shaped the world in ways we couldn’t have imagined just a few decades ago. As they continue to evolve and face new challenges, one thing remains certain: software companies will play a pivotal role in shaping the future of technology and society.
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eeitonline · 1 year
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Tech Up or Miss Out: The Urgent Need for Innovation in Eastern Europe
by Eastern European Institute for Trade
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Eastern European nations face a pressing imperative to foster innovation and develop their technological capacities. A burgeoning digital economy, accelerated by the global pandemic, has highlighted the urgent need for countries in this region to invest in advanced technologies and innovative solutions (Harrison et al., 2020). This article explores the drivers and barriers to innovation in Eastern Europe, the potential benefits of fostering a robust innovation ecosystem, and the policies and strategies required to achieve this goal (Radosevic & Yoruk, 2018; Veugelers, 2016).
A vibrant innovation ecosystem is vital for enhancing productivity, generating high-quality jobs, and increasing competitiveness in the global market (Veugelers, 2016). In the face of rapid technological advancements and increasing international competition, Eastern European countries must prioritize the development of their digital infrastructure, promote research and development (R&D) activities, and facilitate collaboration between academia and industry to create a thriving innovation landscape (Harrison et al., 2020).
However, several factors impede the growth of innovation in Eastern Europe. These include a lack of R&D investment, inadequate digital infrastructure, a skills gap in the workforce, and a weak culture of entrepreneurship (Radosevic & Yoruk, 2018). Moreover, bureaucratic obstacles, regulatory barriers, and limited access to finance further constrain the potential of innovative firms and start-ups in the region (Veugelers, 2016).
To address these challenges, Eastern European nations must implement comprehensive policies that target multiple dimensions of the innovation ecosystem. First, increased investment in R&D and digital infrastructure is essential to create a solid foundation for innovation (Harrison et al., 2020). Public funds should be allocated to support R&D initiatives, while incentivizing private sector investment through tax incentives and public-private partnerships (Radosevic & Yoruk, 2018).
Second, fostering a skilled workforce capable of driving innovation is crucial. This entails investing in education and training programs that prioritize science, technology, engineering, and mathematics (STEM) fields, and promoting lifelong learning opportunities to ensure continuous skills development (Veugelers, 2016). Additionally, collaboration between universities and industry should be encouraged, facilitating the transfer of knowledge and technology and promoting research commercialization (Harrison et al., 2020).
Third, cultivating an entrepreneurial culture and removing barriers to innovation is essential for nurturing innovative start-ups and companies. Policies should aim to simplify bureaucratic procedures, reduce regulatory burdens, and provide targeted support for innovative enterprises, including access to finance and mentorship programs (Radosevic & Yoruk, 2018).
In conclusion, Eastern European nations must act swiftly to prioritize innovation and harness the opportunities presented by the digital economy. By investing in digital infrastructure, R&D, and human capital, and fostering a conducive environment for entrepreneurship, Eastern Europe can build a resilient and thriving innovation ecosystem that drives economic growth and global competitiveness.
References:
Harrison, J., Ieromonachou, P., & Graham, G. (2020). The Future of Innovation and Technology in Eastern Europe. Technology Analysis & Strategic Management, 32(6), 593–600.
Radosevic, S., & Yoruk, E. (2018). Are there global innovation models in latecomers? A comparative industry perspective from Eastern Europe. Technological Forecasting and Social Change, 132, 22–35.
Veugelers, R. (2016). The challenge of promoting innovation in Europe. Intereconomics, 51(3), 128–134.
Read more at Eastern European Institute for Trade.
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kgeorgel · 6 years
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REGISTER TO PARTICIPATE Recruitment for the first edition of the MIT Enterprise Forum CEE acceleration program begins on January 15th this year. The aim of the project is to support the most innovative science and technology start-ups from Poland plus Central and Eastern Europe by combining their potential with knowledge and resources of large enterprises from the financial, insurance, energy and life science sectors, along with the experience of mentors who have achieved spectacular successes in international business.Have a look at the material 🙂 MORPHOSIS GLOBAL BUSINESS DEVELOPMENT STRATEGIES. Exploring the Entrepreneurial ecosystem in Southeastern Europe! www.morphosisllc.com www.ceechambersfederation.com www.polichamericanchamber.com www.mitefcee.org #startup #entrepreneur #entrepreneurship #business #centraleurope #easterneurope #mindset #success #hustle #freedom #marketing #motivation #love #inspiration #instagood #money #goals #entrepreneurs #businessowner #life #fitness #smallbusiness #businesscoach #grind #follow #hardwork #wealth #innovation #tech #idea (at FIU Entrepreneurship) https://www.instagram.com/p/BtMftzFnXI8/?utm_source=ig_tumblr_share&igshid=zjx143ph954j
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wolfliving · 5 years
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The European Week of Regions and Cities
*A comprehensive list of Europe’s urban fixations.  Sort of.
European Week of Regions and Cities
7-10 OCTOBER 2019  BRUSSELS European Week of Regions and Cities
7-10 OCTOBER 2019  BRUSSELS
To register to the sessions you need first to sign in with your EU Login and then to complete your personal profile. You can select the filters from the drop-down lists on the left and click "search". Click on the session title, read the description and click "Add session". Your selection is in your session list. Mon 7
14:30 - 16:30
Opening session - Regions and cities, pillars of the EU's future Mon 7 17:00 - 18:00
The European Committee of the Regions in a nutshell Mon 7 18:00 - 19:00
Citizens' Dialogue Mon 7 19:00 - 23:59
Opening reception - Atlantic & Outermost regions tasting Tue 8 09:00 - 10:30
Joint REGI-COTER meeting Tue 8 09:15 - 10:45
The Future of European Territorial Cooperation Tue 8 09:15 - 10:45
ESI funds and Erasmus in synergy : how to maximise the impact of EU funding. Tue 8 09:15 - 10:45
Intelligent Cities Challenge: a strategy for cities in the 21st century Tue 8 09:15 - 10:45
The role of civil society,social/economic partners in regions and cities in post 2020 strategy Tue 8 09:15 - 10:45
REGIONerating Europe Tue 8 09:15 - 10:45
A macro-regional tool in the making: evidence from ESPON and inputs to post 2020 Tue 8 09:15 - 12:45
Urban policy and locally-led strategies in a new financial perspective Tue 8 09:15 - 10:45
The role of regional innovation ecosystems in the future of the EU Tue 8 09:15 - 10:45
Mediterranean Insularity: challenges and future Tue 8 09:15 - 10:45
Biocultural Diversity – A powerful tool in achieving EU sustainability goals Tue 8 09:30 - 10:30
Post 2020 - Romanian Tue 8 09:30 - 10:30
Post 2020 - German Tue 8 09:30 - 10:30
JOINUP - the repository for open source IT solutions Tue 8 09:30 - 10:30
The role of rural development for the European regions Tue 8 10:30 - 11:00
"The role of internal control on improving organisational governance" Tue 8 11:00 - 12:00
Post 2020 - Portuguese Tue 8 11:00 - 12:00
Post 2020 - Polish Tue 8 11:30 - 13:00
New ways to engage with citizens through permanent and structured consultations Tue 8 11:30 - 13:00
European cross border maritime cooperation post-2020 Tue 8 11:30 - 13:00
Face the Future
Tue 8 11:30 - 13:00
Europe in 2030: towns and regions leaving no one behind Tue 8 11:30 - 13:00
Pride of Place, the promotion of civic engagement of rural youth Tue 8 11:30 - 13:00
Challenges of S3 implementation in SEE: the relevance of governance Tue 8 11:30 - 13:00
Promoting City of the Future Tue 8 11:30 - 13:00
Strategic planning co-design and participatory agenda setting in R&I: Regions engaging in Horizon Europe Tue 8 11:30 - 13:00
Integrated Territorial Investment (ITI) – Successful regional development policy Tue 8 12:30 - 13:30
Connecting food innovation and traditions in smaller regions and cities Tue 8 12:30 - 13:30
Post 2020 - INTERREG - English Tue 8 12:30 - 13:00
Pafos, before and after 2017, the benefits of being Cultural Capital of Europe Tue 8 12:30 - 13:30
Post 2020 - French Tue 8 12:30 - 13:30
Post 2020 - Slovenian Tue 8 12:30 - 13:30
European Capitals of Culture - Regional Development and Culture Tue 8 14:30 - 17:00
PANORAMED Participatory Lab Tue 8 14:30 - 16:00
Ensuring Future Dynamic Rural Areas Tue 8 14:30 - 16:00
Cohesion Policy 2021-2027: How to face both global challenges and the need of structural reforms Tue 8 14:30 - 16:00
Sustainable Urban development in a global perspective – what can the EU offer? Tue 8 14:30 - 16:00
UDN-Urban Financing: How can URBIS help cities unlock and accelerate investments? Tue 8 14:30 - 17:00
From dream to reality: sharing experiences from leading European Smart Cities Tue 8 14:30 - 15:30
Post 2020 - Italian Tue 8 15:30 - 16:00
Comprehensive planning for a sustainable development based on culture & heritage Tue 8 16:00 - 17:00
Post 2020 - Greek Tue 8 16:00 - 17:00
Post 2020 - Dutch Tue 8 16:30 - 19:00
The SDG Voluntary Local Reviews. Methods, data, and experiences. Tue 8 16:30 - 19:00
How JASPERS can help member states to successfully prepare and ensure a quick start of investments for Cohesion Policy 2021-27. Tue 8 16:30 - 19:00
Competitive regions through tangible R&I Synergies Tue 8 16:30 - 19:00
Strategic Public Procurement as a driver of change and growth in cities and regions. Tue 8 16:30 - 18:00
Interreg Project Slam 2019 Tue 8 17:30 - 18:30
Wicked Problems in Cities and Regions – Can research help? Tue 8 17:30 - 18:30
Post 2020 - Latvian Tue 8 17:30 - 18:30
Post 2020 - English Tue 8 19:30 - 22:00
Political reception Tue 8 20:00 - 23:59
Regions' evening with Mediterranean regions tasting. (((Food!  Yum!))) Wed 9 09:15 - 10:45
The Megatrends Hub - assessing the implications of megatrends on policy initiatives Wed 9 09:15 - 10:45
Mission Europe: regions and the shaping role of future R&I instruments Wed 9 09:15 - 10:45
The role of local and regional governments in monitoring and reporting progress on localizing the SDGs Wed 9 09:15 - 10:45
Preparing for 2021-2027 through Roadmaps for Administrative Capacity Building Wed 9 09:15 - 10:45
Engaging Regions to develop the territorial perspective in the implementation of Global Agendas Wed 9 09:15 - 10:45
Win-Win in Cross-Border Cooperation in smaller regions and cities Wed 9 09:15 - 10:45
European regions in the 2030 Agenda: towards a Community of Practice Wed 9 09:15 - 10:45
Sport for active & healthy communities Wed 9 09:15 - 10:45
Future of Europe: A case for plurilingualism & cultural cooperation in cross-border regions Wed 9 09:30 - 10:30
Retail & the City: Practical tips on how to revitalise and modernise small retail Wed 9 09:30 - 10:30
How to spend the EU money in a responsible and strategic way – the new MFF Wed 9 09:30 - 10:30
Post 2020 - English Wed 9 11:00 - 12:00
Post 2020 - Hungarian Wed 9 11:30 - 13:00
Taking cooperation forward in central Europe: Contribute to an evidence-based policy dialogue Wed 9 11:30 - 13:00
Cooperation under IGJ Programmes: possible contributions and actions Wed 9 11:30 - 13:00
Boosting industrial transformation through Interregional cooperation and S3: Digitalisation, clusters and smart specialisation Wed 9 11:30 - 13:00
Urban Agenda partnership for security in public spaces Wed 9 11:30 - 13:00
Towards improving sustainable use of land and nature-based solutions in Europe
Wed 9 11:30 - 13:00
How to organise a citizens' consultation? Wed 9 11:30 - 13:00
Pathways to entrepreneurial development in the Mediterranean region Wed 9 11:30 - 13:00
30 Years Of Cohesion Policy Wed 9 12:30 - 13:30
Post 2020 - German Wed 9 12:30 - 13:30
Post 2020 - Croatian Wed 9 12:30 - 13:30
Post 2020 - Danish Wed 9 12:30 - 13:30
The EU SPACE programme for you Wed 9 14:30 - 16:00
The Future of Cities Wed 9 14:30 - 17:00
A new territorial narrative for the future of Europe Wed 9 14:30 - 16:00
#EURegionsWeek UNIVERSITY: Citizen Entrepreneurship: Towards involvement, inclusion and integration of citizens in entrepreneurial Europe Wed 9 14:30 - 17:00
Achieving improved economic governance and investments Wed 9 14:30 - 15:30
Post 2020 - Outermost Regions -English Wed 9 14:30 - 17:00
The future of biodiversity in the hands of EU cities and regions Wed 9 14:30 - 17:00
Coal Regions High-Level Conference Wed 9 14:30 - 16:00
Empowering territories for a sustainable future for the Mediterranean Wed 9 14:30 - 17:00
Global Trends to 2030 : Challenges and choices for local and regional authorities Wed 9 14:30 - 15:30
Post 2020 - INTERREG - English Wed 9 14:30 - 16:00
Future role of regions on Eastern External borders of the EU Wed 9 14:30 - 15:30
Post 2020 - Czech Wed 9 16:00 - 17:00
Proposal: 15 years in the EU. Europe Can Be More … thanks to Cohesion Policy. Wed 9 16:00 - 17:00
Post 2020 - Estonian Wed 9 16:00 - 17:00
How to avoid and manage situations of conflict of interest Wed 9 16:00 - 17:00
Post 2020 - Slovak Wed 9 16:30 - 19:00
Urban and regional transition in widening countries and lagging regions: knowledge, tools and platforms for mutual learning and exchange Wed 9 16:30 - 19:00
Co-building the title of European capital of social and solidarity economy (SSE)
Wed 9 16:30 - 19:00
Completing the toolbox to overcome legal obstacles in cross-border regions Wed 9 16:30 - 19:00
Cooperation on EU external borders: post-2020, what's new? Wed 9 16:30 - 19:00
Macro-regional strategies: ESPON contribution to the spatial dimension in BSR and EUSALP Wed 9 17:30 - 18:30
Cohesion Policy and the European Semester - linking economic policies and EU funds Wed 9 17:30 - 18:30
Post 2020 - Finnish Wed 9 17:30 - 18:30
Post 2020 - Bulgarian Wed 9 17:30 - 18:30
Post 2020 - French Wed 9 18:30 - 21:30
Building a new chapter together for the people of Europe Wed 9 18:30 - 20:00
Partners' reception Wed 9 20:00 - 21:00
REGIOSTARS Ceremony Wed 9 21:00 - 23:59
REGIOSTARS reception with Central regions tasting Thu 10 09:15 - 10:45
Financial Instruments - shared management and InvestEU Member State Compartment Thu 10 09:15 - 10:45
Building regional skills ecosystems Thu 10 09:15 - 13:00
The Hacking Growth – boosting entrepreneurial ecosystems in European regions Thu 10 09:15 - 10:45
eProcurement and eInvoicing EU policy: implementation and challenges at regional level Thu 10 09:15 - 10:45
MFF 2021-2027 – Cohesion and Values: the role of regional and local authorities Thu 10 09:15 - 10:45
Social media breakfast for young elected politicians Thu 10 09:15 - 10:45
A path to Inclusive Prosperity in CEE Region Thu 10 09:30 - 10:30
Post 2020 - French Thu 10 09:30 - 10:30
Post 2020 - Lithuanian Thu 10 09:30 - 10:30
Maximising Impact: Effective Communication, Dissemination and Exploitation in EU-funded Projects Thu 10 11:00 - 12:00
Partnership City Initiative - dialogue and cooperation Thu 10 11:00 - 12:00
Post 2020 - Spanish Thu 10 11:00 - 12:00
Post 2020 - English Thu 10 11:30 - 13:00
Monitoring Regional Smart Specialisation Strategies
Thu 10 11:30 - 13:00
European Pillar of Social Rights as a framework for a sustainable economy Thu 10 11:30 - 13:00
Migrant and Refugee Integration in Small Territories: A Win-Win Opportunity Thu 10 11:30 - 13:00
How to engage local stakeholders in policy and decision-making Thu 10 11:30 - 13:00
The role of financial instruments in the regional ecosystem and territorial cohesion Thu 10 12:30 - 13:00
Competitive Regions and Employability of Adults Through Education - A Toolbox Thu 10 12:30 - 13:30
Post 2020 - Swedish Thu 10 12:30 - 13:30
Post 2020 - INTERREG- French Thu 10 12:30 - 13:30
Post 2020 - German Thu 10 14:00 - 15:00
Closing Ceremony. (((whew!)))
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james2198universe · 5 years
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Eastern Europe Correspondent at Sifted
Sifted is a new Financial Times backed media platform reporting on the world of technology and startups in Europe. We want to re-shape the entrepreneurial ecosystem with high-quality journalism that takes this world seriously.
To further ou from Job Portal https://ift.tt/2HjTHUH
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gereportscee · 6 years
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30 Years of Helping Central Eastern Europe to Emerge
With almost 180 million citizens and positive economic indicators, Central & Eastern Europe (CEE), or Emerging Europe as most recently called has a strong focus on prosperity. Developing much faster than many other regions in the world, CEE is a significant growth engine not only for the European economy but also for GE. As long- standing advocate of the emergence of CEE, GE is the landmark partner of Emerging Europe Awards 2018.
 Interview with Peter Stracar, President and CEO, GE Europe
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What role does the emerging Europe region play for GE?
GE entered Central Europe about 30 years ago right after the transition, so GE’s relationship with Emerging Europe has become a symbiotic one. GE needs Central Europe and I think Central Europe needs GE as well. We are a long-term partner and a contributor to the region’s economic development, competitiveness and infrastructure modernization, while the region has become one of our main growth engines for global export and R&D.
It is natural therefore that over the past three decades we have expanded as the CEE economies themselves have grown and by today GE has become one of the biggest U.S. investors of the region, where we have about 20 manufacturing sites across all our businesses, employing more than 15.000 people. We cover the whole Emerging Europe as we are present in more than 21 countries.
One of the most important reasons GE decided to invest in CEE was the quality of the people available. We are in the technology business, so the quality and skills of people are always a decisive factor for us. On top of the talents, economic growth in CEE was driven by the fact that its economies are flexible and export-oriented, generally welcoming towards investors.
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You've been quite vocal about the low levels of investment in R&D and innovation in the region. Do you see any changes happening now or in the near future?
Central and Eastern Europe has experienced unprecedented growth in the past 20 years. The source of that growth has been low labor costs, robust internal consumption and foreign direct investments. However, a preoccupation with pure technology absorption is not going to maintain economic growth in the long run and the increase in productivity is getting closer to the boundaries of technology.
I truly believe, for CEE, R&D and digitization of the industry is not an option, it’s the way to stay in business. The World Economic Forum describes some CEE countries as economies that are transitioning from efficiency-driven (manufacturing-focused) to innovation-driven. For these transition countries of Emerging Europe it’s the digitization of the industry that offers the enormous potential to further raise the region’s competitiveness. This is why we appreciate regional government’s initiatives pushing the application of digital industrial tools in manufacturing across the entire supply chain involving also small and medium enterprises, SME’s.
The real challenge will be how we support the transition of CEE into an innovation and R&D based region, in which challenge SMEs will have a major role as they are the backbone of the economy. We need SMEs to improve their know-how on disruptive technologies like Additive Manufacturing to integrate them into GE’s supply chain and create bigger and better value for the local economy.
The need to develop SMEs is unquestionable. In the OECD countries SMEs account for 99% of all companies, 70% of employment, 50% of exports while in CEE the SME sector accounts for only 45% of employment, 33% of the exports. All these output and results however are almost exclusively via large multinational companies which clearly shows that integration with large companies is essential for the success of SME and the local economies as well.
The massive 14B€ of R&D budget from EU structural funds for V4 countries until 2020 for example needs to be invested in the sense of creating more efficient cooperation with the private sector in order to innovate and market more value-added technology and use it to enhance the region’s competitiveness.
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Do you see GE's supply chain developing further in the region?
Certainly! We aim to raise significantly our recent procurement volume in Emerging Europe by 2020 by better integrating all of our 6.500 SME partners in the region and also integrate new ones to our supply chain.
For a global company like us, an effective and lean supply chain ecosystem is one of the pillars of a successful business. GE buys directly from over 30,000 suppliers from multiple locations around the world and the value of such transactions amounts to 40 bn USD globally. For the Emerging Europe region, this number is close to 2 bn USD annually.
With the increase of sales in the region, our need for more regional suppliers is growing. In order to maintain our competitive edge we need to extend the eco-system around us to the next level. We wish to create future-safe, strong SMEs by sharing our know-how, especially on disruptive technologies, by developing entrepreneurial attitudes and by developing stronger export capabilities.
We aim to increase and strengthen cross-border collaboration to drive the growth of SME suppliers in Emerging Europe. We are thinking about partners that are big enough to carry out their own innovation and exports.
There are two simple yet crucial factors describing how we raise the competitiveness and efficiency of the Supply Chain in Emerging Europe: Access and Insight. Access to Global Markets through GE and standalone - and the tools for it, insight into the decision-making process of a large multinational customer, insight into the adaptation of latest IoT technologies and future technology developments.
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How do you believe programs such as the Emerging Europe Awards and GE's own initiatives help the region step up its role globally?
I do believe that Emerging Europe Awards and GE are pretty much thinking and acting along the same lines. We are recognizing, promoting and sharing success stories, leading projects and best practices and encourage thought leadership.
The Award, just as we at GE also aim to create a strong cooperation with local authorities and businesses which demonstrated excellence in raising awareness, social progress and economic development. They also encourage the region to see joint opportunities and work closer together and that can only bring benefits to Emerging Europe.
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“CWMALLS Agent Project” Officially Starts Global Recruitment
CWMALLS® is the world's first online brand: personalized, free, beautiful, valuable... "Patent Product",“Made to Order”, “Original Design” are all in CWMALLS® Leather Jackets, Shoes, Bags series! CWMALLS, CWMALLS COMMODITY are the pioneers and creators of the whole industry chain standardized value ecosystem. Warmly celebrate CWMALLS, CWMALLS COMMODITY 2017 Globalized, Networked Cooperation Series — “CWMALLS Agent Project” officially starts global recruitment; based on the strong support from CWMALLS promotion team, product team, management team, it starts the prelude of recruitment, cooperation, agency and sharing; this is a feast of globalized agency and cooperation, also a carnival of networked agency and distribution; one-to-one guidance, training service, cooperation and agency model of zero inventory, operation and management model of zero risk provide 24-hour standardized, globalized, unified products and services for every agent partner; meanwhile, as the agency and cooperation model of the networked era, its maneuvering and flexible features also offer every agent a safe, efficient, quality, special, innovative, valuable multiple services; thus, via big data, cloud computing, Internet of Things and other intelligentized technological tools, our technology team provides double insurance for everyone and brings you a protection, experience at any time, any where! Welcome interested physical stores, boutique shops, multiple shops, online stores, online celebrities, opinion leaders and other entrepreneurial elites from all walks of life to pay attention and participate actively, there are more surprises if you join in right now! “CWMALLS Agent Project” is a global sharing cooperation revolution, also an innovative agency marketing practice; how to make original products, patented products be shared and experienced by everyone in first time? How to put localized service, personalized experience into practice and create value in first time? How to integrate, excavate, activate more ideas, designs, elements and form an ecological cycle? Faced with these questions, according to the present physical truth, CWMALLS team starts an online and offline agency cooperation project; no matter Ukraine, Russia, Poland, Belarus and other countries, regions in Eastern Europe, or Norway, Sweden, Finland, Iceland and other countries and regions in Northern Europe, or Romania, Bulgaria, Greece, Croatia and other countries and regions in Southern Europe, or Kazakhstan, Mongolia, Uzbekistan, Turkmenistan and other countries and regions in Central Asia, CWMALLS people will make people show the best of themselves in chilly winter , CWMALLS complex can bring you more surprises and value; making every country, region own “CWMALLS®” “CWMALLS COMMODITYTM”, and global unified price, unified quality, unified service, unified standard, this is 360°, 365 days’ localized standardized cooperation and service ideas of “CWMALLS Agent Project”; welcome everyone to sign up to join actively, this is the stage of dream, this is the platform of creating wealth, this is the podium of win-win! “Cutting-edge School” “Innovative School” “Powerful School” — CWMALLS, CWMALLS COMMODITY, MWE FUND “CWMALLS Agent Project” — makes innovation and patent bring more sharing and value! CWMALLS Dream: Four Basis(Information Flow, Talent Flow, Goods Flow and Capital Flow), Three Centers(North America Center, Europe Center, Asia Pacific Center), Two Funds(Maintain World Fund, Maintain Earth Fund), and One College(CWMALLS College with two courses History and Philosophy) CWMALLS COMMODITY Dream: To offer pure natural, ecological “green products”, “environment-friendly commodities” continuously to consumers around the world; meanwhile, to transform more ideas, works and patents to products and commodities to form a virtuous cycle of ecological chain and value chain. CWMALLS Mission:To create the global standardized value ecosystem! CWMALLS COMMODITY Mission: Integrating the world’s high quality featured new products for you to share and benefit everyone! MWE FUND: Maintain the world’s peace and stability, maintain the earth’s balance and development. 2017 CWMALLS: Standard, Value, Ecology; 2017 CWMALLS COMMODITY: Technology, Art, Intelligence; 2017 MWE FUND: Charity, Public Welfare, Responsibility; Eco-friendly intelligent wearing, Low-carbon and environment friendly life, both are in CWMALLS global networking and mobilization. CWMALLS COMMODITY Aug 12, 2017
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kgeorgel · 6 years
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Recruitment for the first edition of the MIT Enterprise Forum CEE acceleration program begins on January 15th this year. The aim of the project is to support the most innovative science and technology start-ups from Poland plus Central and Eastern Europe by combining their potential with knowledge and resources of large enterprises from the financial, insurance, energy and life science sectors, along with the experience of mentors who have achieved spectacular successes in international business.Have a look at the material :) MORPHOSIS GLOBAL BUSINESS DEVELOPMENT STRATEGIES. Exploring the Entrepreneurial ecosystem in Southeastern Europe! www.morphosisllc.com www.ceechambersfederation.com www.polichamericanchamber.com (at FIU School of International and Public Affairs) https://www.instagram.com/p/BstjkYdHNHV/?utm_source=ig_tumblr_share&igshid=zpdol7naw4yu
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endenogatai · 4 years
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In 2020, Warsaw’s startup ecosystem is ‘a place to observe carefully’
If you listed the trends that have captured the attention of 20 Warsaw-focused investors who replied to our recent surveys, automation/AI, enterprise SaaS, cleantech, health, remote work and the sharing economy would top the list. These VCs said they are seeking opportunities in the “digital twin” space, proptech and expanded blockchain tokenization inside industries.
Investors in Central and Eastern Europe are generally looking for the same things as VCs based elsewhere: startups that have a unique value proposition, capital efficiency, motivated teams, post-revenue and a well-defined market niche.
Out of the cohort we interviewed, several told us that COVID-19 had not yet substantially transformed how they do business. As Michał Papuga, a partner at Flashpoint VC put it, “the situation since March hasn’t changed a lot, but we went from extreme panic to extreme bullishness. Neither of these is good and I would recommend to stick to the long-term goals and not to be pressured.”
Said Pawel Lipkowski of RBL_VC, “Warsaw is at its pivotal point — think Berlin in the ‘90s. It’s a place to observe carefully.”
Here’s who we interviewed for part one:
Bryony Cooper, managing partner, Arkley Brinc VC
Anna Wnuk-Błażejczyk, investor relations manager, Experior.vc
Rafał Roszak, investment director, YouNick Mint
Michal Mroczkowski, partner, Market One Capital
Marcus Erken, partner, Sunfish Partners
Borys Musielak, partner, SMOK Ventures
Mathias Åsberg, partner, Nextgrid
Kuba Dudek, SpeedUp Venture Capital Group
Marcin Laczynski, partner, Next Road Ventures
Michał Rokosz, partner, Inovo Venture Partners
For the conclusion, we spoke to the following investors:
Karol Szubstarski, partner, OTB Ventures
Michał Papuga, partner, Flashpoint VC
Michal Bachmacz, partner, Aper Ventures
Pawel Lipkowski, partner, RBL_VC
Tomasz Golinski, partner, CofounderZone
Szymon Janiak, partner, Czysta3.vc
Bogy Skowronski, partner, Mitefcee.org
Boris Kocot, partner, AIP Seed
Bartosz Lipnicki, partner, Alfabeat
Radek Czyrko, partner, THC Pathfinder VC
Karol Szubstarski, partner, OTB Ventures
What trends are you most excited about investing in, generally? Gradual shift of enterprises toward increased use of automation and AI, that enables dramatic improvement of efficiency, cost reduction and transfer of enterprise resources from tedious, repeatable and mundane tasks to more exciting, value added opportunities.
What’s your latest, most exciting investment? One of the most exciting opportunities is ICEYE. The company is a leader and first mover in synthetic-aperture radar (SAR) technology for microsatellites. It is building and operating its own commercial constellation of SAR microsatellites capable of providing satellite imagery regardless of the cloud cover, weather conditions and time of the day and night (comparable resolution to traditional SAR satellites with 100x lower cost factor), which is disrupting the multibillion dollar satellite imagery market.
Are there startups that you wish you would see in the industry but don’t? What are some overlooked opportunities right now? I would love to see more startups in the digital twin space; technology that enables creation of an exact digital replica/copy of something in physical space — a product, process or even the whole ecosystem. This kind of solution enables experiments and [the implementation of] changes that otherwise could be extremely costly or risky – it can provide immense value added for customers.
What are you looking for in your next investment, in general? A company with unique value proposition to its customers, deep tech component that provides competitive edge over other players in the market and a founder with global vision and focus on execution of that vision.
Which areas are either oversaturated or would be too hard to compete in at this point for a new startup? What other types of products/services are you wary or concerned about? No market/sector is too saturated and has no room for innovation. Some markets seem to be more challenging than others due to immense competitive landscape (e.g., food delivery, language-learning apps) but still can be the subject of disruption due to a unique value proposition of a new entrant.
How much are you focused on investing in your local ecosystem versus other startup hubs (or everywhere) in general? More than 50%? Less? OTB is focused on opportunities with links to Central Eastern European talent (with no bias toward any hub in the region), meaning companies that leverage local engineering/entrepreneurial talent in order to build world-class products to compete globally (usually HQ outside CEE).
Which industries in your city and region seem well-positioned to thrive, or not, long term? What are companies you are excited about (your portfolio or not), which founders? CEE region is recognized for its sizable and highly skilled talent pool in the fields of engineering and software development. The region is well-positioned to build up solutions that leverage deep, unique tech regardless of vertical (especially B2B). Historically, the region was especially strong in AI/ML, voice/speech/NLP technologies, cybersecurity, data analytics, etc.
How should investors in other cities think about the overall investment climate and opportunities in your city? CEE (including Poland and Warsaw) has always been recognized as an exceptionally strong region in terms of engineering/IT talent. Inherent risk aversion of entrepreneurs has driven, for a number of years, a more “copycat”/local market approach, while holding back more ambitious, deep tech opportunities. In recent years we are witnessing a paradigm shift with a new generation of entrepreneurs tackling problems with unique, deep tech solutions, putting emphasis on global expansion, neglecting shallow local markets. As such, the quality of deals has been steadily growing and currently reflects top quality on global scale, especially on tech level. CEE market demonstrates also a growing number of startups (in total), which is mostly driven by an abundance of early-stage capital and success stories in the region (e.g., DataRobot, Bolt, UiPath) that are successfully evangelizing entrepreneurship among corporates/engineers.
Do you expect to see a surge in more founders coming from geographies outside major cities in the years to come, with startup hubs losing people due to the pandemic and lingering concerns, plus the attraction of remote work? I believe that local hubs will hold their dominant position in the ecosystem. The remote/digital workforce will grow in numbers but proximity to capital, human resources and markets still will remain the prevalent force in shaping local startup communities.
Which industry segments that you invest in look weaker or more exposed to potential shifts in consumer and business behavior because of COVID-19? What are the opportunities startups may be able to tap into during these unprecedented times? OTB invests in general in companies with clearly defined technological advantage, making quantifiable and near-term difference to their customers (usually in the B2B sector), which is a value-add regardless of the market cycle. The economic downturn works generally in favor of technological solutions enabling enterprise clients to increase efficiency, cut costs, bring optimization and replace manual labour with automation — and the vast majority of OTB portfolio fits that description. As such, the majority of the OTB portfolio has not been heavily impacted by the COVID pandemic.
How has COVID-19 impacted your investment strategy? What are the biggest worries of the founders in your portfolio? What is your advice to startups in your portfolio right now? The COVID pandemic has not impacted our investment strategy in any way. OTB still pursues unique tech opportunities that can provide its customers with immediate value added. This kind of approach provides a relatively high level of resilience against economic downturns (obviously, sales cycles are extending but in general sales pipeline/prospects/retention remains intact). Liquidity in portfolio is always the number one concern in uncertain, challenging times. Lean approach needs to be reintroduced, companies need to preserve cash and keep optimizing — that’s the only way to get through the crisis.
Are you seeing “green shoots” regarding revenue growth, retention or other momentum in your portfolio as they adapt to the pandemic? A good example in our portfolio is Segron, a provider of an automated testing platform for applications, databases and enterprise network infrastructure. Software development, deployment and maintenance in enterprise IT ecosystem requires continuous and rigorous testing protocols and as such a lot of manual heavy lifting with highly skilled engineering talent being involved (which can be used in a more productive way elsewhere). The COVID pandemic has kept engineers home (with no ability for remote testing) while driving demand for digital services (and as such demand for a reliable IT ecosystem). The Segron automated framework enables full automation of enterprise testing leading to increased efficiency, cutting operating costs and giving enterprise customers peace of mind and a good night’s sleep regarding their IT infrastructure in the challenging economic environment.
What is a moment that has given you hope in the last month or so? This can be professional, personal or a mix of the two. I remain impressed by the unshakeable determination of multiple founders and their teams to overcome all the challenges of the unfavorable economic ecosystem.
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