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Fostering ICT Entrepreneurship in Europe Startup Europe After 2 Years 2 nd February, 2017

Eu Excel: European Virtual Accelerator

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Page 1: Eu Excel: European Virtual Accelerator

Fostering ICT Entrepreneurship in Europe

Startup Europe After 2 Years2nd February, 2017

Page 2: Eu Excel: European Virtual Accelerator

Project Partners

Page 3: Eu Excel: European Virtual Accelerator

The Core ChallengeFragmented Entrepreneurial Eco-System in Europe

Single Nationality Start-Ups – No European Vision

Local limits on access to co-founders, resources, expertise & markets

Limited collaboration at the entrepreneur and institutional level

Page 4: Eu Excel: European Virtual Accelerator

Programme Key Actions

12 one-week-long intensive startup scrums over 2015-2016

12 weeks training on a virtual accelerator platform to get startups "incubator ready“

2 Annual challenge finals to connect with investors and successful tech entrepreneurs

6 Month extension to support active startups to progress to market readiness.

Page 5: Eu Excel: European Virtual Accelerator

Participation Key Figures

1,049 applicants with 426 participants from 25 member states

31% Female

Total Number of teams 86

26 Finalists

21 Start-ups still active

9 Investors

Page 6: Eu Excel: European Virtual Accelerator

Matching Entrepreneurs

Page 7: Eu Excel: European Virtual Accelerator

International Team Building

Page 8: Eu Excel: European Virtual Accelerator

Ideating

Page 9: Eu Excel: European Virtual Accelerator

Business Modelling

Page 10: Eu Excel: European Virtual Accelerator

Pitching

Page 11: Eu Excel: European Virtual Accelerator

Final Reflection

Europe needs to promote, support, and embed a culture whereby international start-up teams are within the realm of the possible for young entrepreneurs Only through the direct experience of intercultural and international collaboration in entrepreneurial projects can boundaryless and truly European-wide horizons become the standard for the young European Entrepreneur

Page 12: Eu Excel: European Virtual Accelerator

Thank You