Transcript
Startup ecosystem and opportunities
in CEE
Adrian
Pica
- Founder and CEO at 150sec.com
- Startup Weekend Global Facilitator
- Central European Startup Awards
- Mentor at Spherik Accelerator, InovationsLabs
and Sprint Point
- Founder at Obli.co
CEE17 countries
Challenges and oportunities
Lack of fundingLack of entrepreneurial expertise,Limited international networkFar from big hubs (SF, London, Berlin),Complicated local legislation,So many countries, languages, currenciesComplicated EU funds
Credo Ventures (Prague)RSG Capital (Ljubljana)Day One Capital (Budapest)MTVP (Tallinn)RubyLight (Riga)3TS Capital Partners (Vienna, Bucharest, Warsaw)Neveq, Launchub (Sofia)
In Poland – better than the rest:AIP Seed Capital, Giza Polish Ventures,HardGamma Ventures, Innovation Nest,IQ Partners, SATUS Venture, SpeedUp Group,Black Pearls VC, Xevin Investments….
Many talented engineersLower salaries Easier to recruitEasier to retain talent EU funds
Strada Fabricii Nr. 145A
The good, the bad, the ugly
Be mobile
Raise $$$ internationally
Accelerators
Events: Pioneers, How To Web, Techsylvania,InfoShare, Bitspiration, SparkMe, Shift Split
Incorporation
Success stories
LogMeIn, Ustream and Prezi – all HU!!!
Success stories
Czech Rep: SocialBakers, ApiaryPoland: Estimote, UXPinCroatia: Farmeron, Rimac AutoBulgaria: Flipps, ImaggaAustria: Runtastic, CodeshipEstonia: TransferWise
Success stories
In Romania:
TwoTap, UberVU, Brainient
Local: 123 Contact Form
Local execution of proven business model
Execution is the key
Raise $$$ locally
Success story
Closing remarks
17 countries, 140 mil customers
Estonia
Diversity
Adrian Pica
www.fb.com/adrianpica
@adrianpica
www.linkedin.com/in/adrianpica
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