Here are the good news: you don’t have to go to the Silicon Valley to get funded. Not even London or Berlin. There is plenty of capital to be found in the CEE. You just have to know where to look. And the bad news: if you know where to look, and still can’t get funding that means your current idea/startup is just not good enough. And if you can’t raise funds in the CEE, the odds are very high you won’t in Berlin or London either. It is better to fail fast and move on to something new.
After the great success of the first two GIC competitions in the CEE region, applications are now open for GIC 2014. Applicants are invited from Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, and Ukraine. Applicants should submit their projects aiming to improve the lives of at least one million people in Central Eastern Europe leveraging the power of accelerating technologies.
I’m no engineer, but here’s what I do remember from the physics classes that I didn’t manage to skip at school: Current only flows through a closed circuit. In business, always happy to adopt awkward pseudo-scientific analogies, we like to talk about full cycles. Or iterations.
The LAUNCHub seed fund announces the opening the fourth application call for financing of digital startup companies. All committed teams from South-East Europe (SEE) developing future disruptive technologies in the Digital Tech Sector are encouraged to apply. The application deadline ends November 3, 2013.
The story of StartLabs, first Serbian startup accelerator that offers up to 50,000 dollars in seed investment in exchange for 10 to 15 percent equity, started a long time ago, during the ‘90s. At that time two engineers departed on a journey that took them to various places. A journey that changed both their lives and lives of people around them.
This week we had opportunity to cover the announcement of airtAI, a Croatian fintech startup whose solution is based on artificial intelligence and is directed towards smaller banks that want to better assess the needs of their clients. Exclusively for Netrokracija airt’s CEO Hajdi Ćenan reveals the details.
Applications that control the operation of oil platforms and plants for the processing of derivatives are directly responsible for a safer and cleaner world, and one of the best is created largely in Croatia.