Co.Station4 October 2015, Brussels

Bogdan CeobanuEuropean Commission - DG CONNECT - Startup Europe

Startup Europe. Tech business are changing the way we live, work, play and learn.Can you be part of this movement?

Summary

1. Startup Europe: Why are we doing this & how we started and what are the next steps?2. Prospective founders: 3 insights that you need to know.

1. Startup Europe: Why are we doing this, How we started,What are the next steps?

European tech startup environment is growing

40 European Unicorns

1*Atomico analysis

 

182 Digital leaders in the world,AdyenAvitoBlaBlaCarCriteoDeliveryHeroIronSourceKing.comKlarnaMobliMojangMonitisePowaQiwiRocket InternetSkypeSouldcloudSpotifySupercellTrusteerVKWazeWongaZalandoZendeskZoopla

1*Atomico analysis

 

Great companies can come from anywhere

1*Atomico analysis

 

Time to reach 100 million users

Founded in London in 2003IPO 3/2014, $7B Valuation

Founded in Helsinki 2004$2.4M daily revenue for one game (2013 - Clash of clans)After 3 years sold 51% of the co with $1.5B

Founded in Barcelona in 2008>45M MAU (Monthly Active Users)Raised $45M

Founded in Helsinki in 2003>2B downloads>800 employees Founded in Paris in 1999

>20M DAU (Daily Active Users)>1B downloads

Founded in Stockholm in 201020M paying users for Minecraft$2,5B exit to Microsoft

Revenues: 2013: €17.5billion --- 2018: € 63 billion

Jobs: 2013: 1.8 million  --- 2018: 4,8 million

Founded in Stockholm in 2006>15M subscribers>1200 employeesRaised more than $500M

Founded in Nicosia in 1999>100M DAU$900M exit to Rakuten Japan

App economy is growing

Disruption will impact all industries

The difference that 25 years makes.

1993 vs 2013.

www.startupmanifesto.eu

Strengthening the environment (education, culture, business, leadership): A manifesto for entrepreneurship and innovation to power growth in EU

The Startup Manifesto

Understanding the European ecosystem

Accelerators: 57 seed accelerators. 738 graduated startups. These startups have  created 3500-4500 new jobs (2013).

Crowdfunding: $945 million raised in 2012, EU.

Venture Capital $2.9b raised in EU vs $13.8b US in Q2 2014

Scaleups: More than 1000 internet startups raised >$100k in last 4 years

MOOCS: More than 250 EU online courses offered by > 100 institutions 

Startup manifesto: >8000 Endorsements of the (GR, NL, AT, PL, ES, BE versions)

Outcome

1. Understanding the ecosystem

2. Policy maker's Awareness

3. Funding startup ecosystem builders 

Desired impact

• More dynamic ecosystem

• Better policies

• More internet champions

Mapping the ecosystem

Startup manifesto follow-up

Funding opportunities

Recognition and celebration

Networks of stakeholders

EurApp - App economy

● Leaders Club

● Startup Manifesto

● EDF - European Digital Forum - Think Tank

● SEP - Startup Europe PartnershipCorporations and Universities Group

€100M FP7 FIWARE.ORG 16 Accelerator program ●

€10M Horizon2020 ICT13 10 Startup Europe projects ●

MediaCampaign

●●

● SE Accelerator Assembly

● SE Web Investors Forum

● SE Crowdfunding Network

● SE Network of Universities offering MOOCS

Dynamic MappingStartuphubs.eu

●

●

EuroPioneersTechAllStars

Startup Europe SummitSEC2SV

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Startup Europe – Development, outcome and desired impact

StartupEuropeClub.eu

800 tech startups to benefit from support services to grow their business within >10 EU projects.

2. Prospective founders: 3 insights that you need to know.

1. Your age, ambition, energy, time, priorities….

2. Access to capital

Accelerators: 57 seed accelerators. 738 graduated startups. These startups have  created 3500-4500 new jobs (2013).

Crowdfunding: $945 million raised in 2012, EU.

Venture Capital $2.9b raised in EU vs $13.8b US in Q2 2014

Scaleups: More than 1000 internet startups raised >$100k in last 4 years

MOOCS: More than 250 EU online courses offered by > 100 institutions 

Startup manifesto: >8000 Endorsements of the (GR, NL, AT, PL, ES, BE versions)

3. Free access to knowledge, skills & education

Conclusions

1. Great tech companies come from anywhere and they will disrupt probably all industries.2. These companies are created by young professionals and are growing super fast. 3. The opportunities today have never been better and you can benefit from them.

THANKYOU

www.startupeuropeclub.euwww.facebook.com/groups/startupeurope/

@StartUpEU 

https://be.linkedin.com/in/bogdanflorin@studios