European Commission's Startup Europe Initiative

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www.startupeurope.eu

Entrepreneurship in Europe: Opportunities in Cyprus

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Supporting the growth of the EU startup ecosystem

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Startup Europe Activities 2014

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Startup Europe Activities 2014

1. Startup

Manifesto

Follow-up

www.startupmanifesto.eu

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A manifesto for entrepreneurship & innovation to power growth in EU

Official Launch in Brussels, 22 May 2014 with the attendance of President Barroso

and Vice President Kroes

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Two new initiatives announced at World Economic Forum

www.startupeuropepartnership.eu www.europeandigitalforum.eu

The SEP aims at offering an integrated pan-European platform to help the best startupsemerge from these local ecosystems and scale-up.

It connects top European startups to largecorporates.

This means: procurement (corporates buyproducts and services from startups), strategicinvestments and eventually acquisition/acqui-hires.

The EDF is a first-of-its kind think tank dedicated toempowering tech entrepreneurs and growingEurope’s digital economy. It gives a voice in publicpolicy to the continent’s most enterprising andinnovative entrepreneurs.

The European Digital Forum aspires to becomeEurope’s leading think tank and policy network ondigital economy and digital entrepreneurshipissues.

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Startup Europe Activities 2014

2. Evidence

gathering and

mapping the

ecosystem

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European App Economy study

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Dynamic visual mapping

This map will provide unrivalled insight into some of the key web

entrepreneurial/ startup hubs across Europe, the businesses

that are located in them and the networks and relationships

between them.

www.startupdata.eu

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Startup Europe Activities 2014

3. Networks of

stakeholders

Accelerators in Europe

Accelerator Assembly is an industry-led network that connects accelerators,entrepreneurs and policy makers, in order to strengthen the support offered toweb startups across Europe.

Outcomes of the first Accelerator Assembly Conference held in Madrid in March 2014:

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Accelerator Assembly

www.acceleratorassembly.eu

for the first time, the EIF hasextended its reach to well-structured accelerators.

26 accelerators&

34 startup facilitators

16 investment &

private companies

18 countries

Fostering the boost of the ecosystem and promoting a European investment culture in the webCreating future Global leaders

www.webinvestorsforum.eu

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Web Investors Forum

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Crowdfunding network for web entrepreneurs

The Startup Europe Crowdfunding Network strengthens thelinks and networking between existing Europeancrowdfunding platforms, as well as fostering the creation ofnew, web focused platforms.

www.crowdfundingnetwork.eu

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Network of universities in EU interested in developing MOOCs for web talent

The network connects MOOC providers in order tofoster the talent of ICT and web entrepreneurs, andcreate new jobs that benefit both the EU economyand society as a whole.

Key findings of a recent study:

knew what a MOOC is

claimed to have taken

one

web designweb skill

highest in demand among

students

One difficulty of the current IT labour market is acquiring

employees with domain-specific skills : iOS, Android, HTML5

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Startup Europe Activities 2014

4. Recognition,

celebration,

startup culture

Tech All Stars competition

The third edition of the competition for early stage startups (< 3 years old & <$1m in external funding)

through which we take the best 12 young startups to the most

prestigious startup events in Europe, starting with June 2014.

www.techallstars.eu

Winner announced at the Founders Forum in

London

Previous winners and achievements

2012 2013 2014

• Has raised over €1m funding after winning TAS 12.

• Has raised one of Europe's largest ever seed investment rounds of $3m after winning TAS 13.

• Has grown from 4 to 22 employees. • Dec '13 was named one of Forbes Magazine's

Hottest Global Startups.• April '14, Trustev took top prize at SXSW.

• Offers a cloud-based software designed to minimise returns and increase profits for online and multichannel retailers.

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Europioneers competition

The event is the most importantceremony for any tech startup fromEurope.

It features 4 awards:• European Tech Entrepreneur of the year• Young European Entrepreneur of the year• Female web entrepreneur of the year• High Growth web entrepreneur of the year

www.europioneers.eu

Previous winners

2013

John ReynoldsAlexander Ljung

&Eric Wahlforss

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Media campaign

DG Connect is organizing a 6 months media campaign covering 6 Member States (Spain, Greece, Italy, Portugal, Cyprus and Slovakia) with high unemployment rate

to raise more awareness about the startup culture.

Goals:• Attracting young unemployed people to ICT/web careers:• Promoting entrepreneurship• Delivering the EC commitment to help create jobs• Leveraging DG CONNECT actions on digital skills and jobs

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Media campaign: Cyprus Reach

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Startup Europe Activities 2014

5. Funding

opportunities

ICT 13 – 2014: Web entrepreneurship

• €10M funding will be allocated to projects to accelerate web

entrepreneurship in Europe

• The challenge is to create an environment in Europe that encourages

more web entrepreneurs to start a business in Europe and grow

internationally.

• Deadline for applying: 23/04/2014 at 17:00pm (CET)

• We are already in the process of allocating €10M for activities that strengthen theenvironment for web entrepreneurship in Europe and that exploit synergies acrossstakeholder communities.

• The challenge is to create an environment in Europe that encourages more webentrepreneurs to start a business in Europe and grow internationally.

• For other funding opportunities, check the ongoing calls of almost €850M availablefor ecosystems builders as well as funding opportunities to startups & SMEs:http://ec.europa.eu/digital-agenda/en/better-access-capital-lower-barriers-success

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Funding opportunities

Other opportunities for startups available at www.startupeurope.eu

• 80 million euros for SMEs and Startups

• 1,300 businesses to be accelerated by

2016.

• Program starts in September

http://ec.europa.eu/easme/sme_en.htm http://www.fi-ppp.eu/how-to-participate/

Thank you.Bogdan.ceobanu@ec.europa.eu | @studios

www.startupeurope.eu | @startupeuwww.facebook.com/groups/startupeurope

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