ProSiebenSat.1 Accelerator, a 3-month program led by one of the largest media corporations in Europe, is recruiting teams for their new cohort. To find out more about the program and it's impact on the European startup scene, we spoke to Dr. Jens Pippig, founder & executive director of the accelerator.
Ready for some summer startup conferencing? RockPaperStartups, the best summer startup conference in Eastern Europe, is back! Meet all the startupers, geeks, designers, developers and investors at this unique event that falls between something of a conference, a workshop and large meetup. Location: Rijeka, Adriatic coast, Croatia. Date: July 17th and 18th (+20th – WhoHack mini hackathon).
ProSiebenSat.1 Accelerator is a 3-month program to support startups, led by one of the largest media corporations in Europe, ProSiebenSat.1 Media Group. IT provides promising startups with seed funding, mentoring, office space, and access to investors and strategic partners. Although media and entertainment focused startups may have most use of the programme and connections of the Media Group, the call is open to startups from every segment – both B2C and B2B.
June 18, 2014 was the day when we were honoured to be a part of Startup Yard’s Demo Day in Czech National Library of Technology in Prague, and witnessed the birth of a new age entrepreneurship along with its contagious desire for changing the world. Watching these new entrepreneurs and hearing out their great ideas made us feel proud and happy, knowing that there are young people who clearly put the matter in their own hands when it comes to changing the world. They created 127 jobs and will turn “complicated” into “simple”, not only with the ideas they presented at the Demo Day, but also with their innovative entrepreneur approach and highly enthusiastic spirit.
Central and Eastern European startups often have great technical talent, but also lack the necessary business knowledge to transform their ideas into commercially successful products. How to Web is therefore launching MVP Academy, a pre-acceleration program for Central and Eastern European startups, aimed at honing the business skills of new tech companies. Teams working on innovative tech products and solutions can apply for the program by 17 May.
European Commission announces its hunt for the best tech startups. All the EU-based ones which are younger than 3 years, and raised less than €1 million in external funding, are welcome to register for EU funding sources until May 22, 2014.
Identifying milestones for your company’s development is beneficial for an early stage startup for many reasons: the first is that planning milestones allow you to focus what you will be working on, secondly the process of identifying and planning them make you question when and in what order you and your team should try and execute something, and lastly, from a fundraising perspective (something I cover in more detail in my blog post on milestones) milestones are useful to tie together what you need to accomplish with how much money it will take to get there, and fundraise accordingly.
I think I’ve read enough about the theory of fundraising and venture investing. But how do the venture capitalists really work? How do they decide which investment to make, and what is the logic behind their thinking?