Greek Startup Activity
According to an article at kathimerini, Greek startups raised €150M in 2020, led by startups Scroutz and Omilia. This data comes from the Found.ation and EIT Digital’s 2020 Report, drafted with the support of investment fund Velocity Partners. Another article discussed the impact of Covid on startups. And another article discussed the swing toward entrepreneurship. Finally, a video at Bloomberg describes VW’s pilot project for climate-neutral mobility on the Greek island of Astypalea.
Astra Report Interviews Dr. Sakis Mantalaris
December 15, 2020
This interview is with Dr. Sakis Mantalaris who co-leads alongside his wife, Dr. Nicki Panoskaltsis (Hematology, Emory) “Biomedical Systems Engineering Laboratory” (https://bsel.bme.gatech.edu), which focuses on providing integrated in vitro/in silico platforms for clinical translational biomedical applications. He explains how scientific disagreements are healthy and could lead to new cancer treatments. He shares his thoughts about wanting to be a pilot after high school and the importance of mentors in his life. 2020 was a strange pandemic year at Georgia Tech, but he is optimistic about the future and believes in the quality of Greece’s scientific brain power.
Michael Dritsas discusses Elevate Greece
October 27, 2020
Mr. Michael Dritsas, chief of staff of the Deputy Minister for Research and Innovation discusses the creation of Elevate Greece, and how the Greek Government believes in startups fueling the Greek GDP. Elevate Greece is a transparent and easy-to-use database for investors, strategic partners and talent to access the “gems” of Greek startups.
Deputy Minister Dimas presents government progress
October 18, 2020
Christos Dimas, Deputy Minister of Development and Investments, shared his presentation made at the October 8 Hellenic Innovation Network event on “Innovation in Agriculture.”
Launch of Elevate Greece
October 13, 2020
As reported by eKathimerini, Greece is launching Elevate, its online platform for startups with innovation and scalability. Regulations incentive angel investment in startups, and startup investments in R&D. Surprisingly, in the seven months since the pandemic started in March, six startups raised over $82 million. Videos about Elevate are here and here.
Interview with George Hadjigeorgiou, ZOE
October 2, 2020
Stamatis Astra from Astra Report interviews George Hadjigeorgiou from ZOE, who talks about his inspiration and how their AI technology is used by millions of consumers to collect data and to fight COVID.
From the Ashes of Crisis Arises Opportunity
March 7, 2020
Marina Hatsopoulos speaks at Tedx Larissa. With high unemployment and an aging population dependent on public pension and healthcare systems, Greece needs jobs. The best way to create jobs is to create startups, which provide the opportunity for socioeconomic mobility and social impact for the Greeks in Greece, for the half-million well-educated Greeks who left during the crisis and could be enticed to return, and even for the resident refugees.
Greece: A Past & Present Hero’s Journey
March 7, 2020
Global marketer and Greek startup champion Lucy Xu speaks about Greek startups at Tedx Larissa. She argues that the innovation of modern-day Greece is what makes the Hellenic startup ecosystem a beacon for all emerging tech markets. She explores the Odyssey taking place now and examines the factors leading Greece home on its hero’s journey.
Greek startups create a €3.5 Billion Industry
July 13, 2020
According to the Greek Kathimerini newspaper, “market professionals put the capitalization of Greek-owned startups at €3.5 billion, up from €2.5 billion last year and zero just eight years back.”
Hellenic Innovation Network on Greek TV
June 24, 2020
Hellenic Innovation Network was discussed on the news show “10” on the Greek Public Broadcasting Corporation (ERT) with Fanis Papathanasiou, among other topics such as Science Diplomacy, research and innovation, and the connection between the tech and research ecosystems of Boston and Greece.
Featured on the show were:
Deputy Minister for Economic Diplomacy and Openness at the Greek Ministry of
Consul General of Greece in Boston
President of the Hellenic Innovation Network
Director of Computing at the MIT Media Lab
Dr. Manolis Kellis,
MIT Professor of Computer Science
Vice President of MIT Enterprise Forum Greece
Athens University of Economics and Business Startup Report
“Incubated early stage startuppers and their initiatives in Athens during the Crisis (2010‐2016)” by Ioannis Besis and Ioanna Sapfo Pepelasis examines the profile of successful startups: mature founders (age 30-39); more educated; linked to academia; educated in economics and business, science and theoretical studies; holders of degrees related to the company sector and had experience abroad; high tech goods and processes; female member in the founding team and headquarters abroad.
Cyprus Seeds, a nonprofit organization in Cyprus and a strategic partner of MITEF Greece, supports, for the second year, the commercialization of innovative scientific research in Cyprus. To this effect, it recently announced a Call for Pre-Proposals with deadline for receiving applications, the 17th May.
They are currently in the process of identifying a pool of evaluators for the applications they will receive. To-date, Cyprus Seeds received 25 applications from the Universities and Research Centers of Cyprus, in a variety of areas including Health, AI, agriculture, cognitive computational neuroscience, energy, environmental monitoring, clinical neurophysiology and rehabilitation sciences!
The Evaluators’ contribution is critical to choosing the most promising scientific projects, with strong IP value and the potential to commercialize.
The Evaluation process is going to be in 2 stages. The first stage asks for Pre-Proposals which are short and simple. On the basis of Pre-Proposals, the projects that are worth funding will be short listed and will be invited to send a FULL proposal which requires more detailed information on the technology, the IP and the Team. It is expected that Evaluators will spend between half an hour and one hour in assessing one proposal.
We encourage you to be an Evaluator for Cyprus Seeds, which we consider a unique initiative with the prospect of creating startups, thus offer job opportunities to the youth. Amongst the initial promoters of Cyprus Seeds are George David, philanthropist and Founding member of THI, The Leventis family, The Hellenic Initiative and a number of Greeks and Cypriots of the Diaspora in Boston.
To indicate your interest and availability to evaluate applications of the Cyprus seeds second cycle, fill in the following form: https://forms.gle/LsMRsGi4ktv8RqAt5.
By Alec Karys
As a Mentor at the Boston-based accelerator Masschallenge, I met Marian Leitner, Founder and CEO of Archer Roose, a Boston-based start-up that sells quality wine in a can through major retail outlets. In our Mentoring sessions, Marian expressed interest in expanding from domestic to international wines, including wines from Greece. (For those interested in learning more about Greek wines, I suggest “The Wines of Greece” 2018 edition, by Konstantinos Lazarakis.) Meanwhile, for some time I’ve been working to promote Greek wines outside of Greece, and created a “Greek Wine Lovers” Group on LinkedIn which has grown to over 375 members. Through my efforts, I’ve met many oenophiles, including Markus Stolz, who currently lives in Athens with his Greek wife. Markus exports Greek wines to the U.S. and other international markets, so I connected him with Archer Roose. Through his connections, the Roditis wine from Naoussa, Greece was born. The wine will soon be available in major retail outlets on the East Coast of the United States. This project took several years to come together, proving the power of perseverance and connection.
April 21, 2020
“CVC Capital Partners today announced that CVC Fund VII has agreed to invest in Skroutz, Greece’s leading e-commerce platform, in a partnership transaction with Skroutz’s founders.”
“First and foremost we are network builders. Others have been doing the same with Stanford graduates, Paypal employees or Israeli founders. We bring together Greeks, working in technology, no matter where they are, and we are thrilled about the ubiquity and underlying value of this network.”
Καλησπέρα σας. Minister Georgiadis, panelists, friends, thank you for inviting me to speak with you today about a new development model for western Greece. I’m particularly happy to be back in Patra, Greece’s Gateway to the West, and a city that I have come greatly to appreciate over the past few years.
First of all, let me say what a pleasure it is to have my friend Dean Karnazes back here, someone who is a great ambassador for the U.S.-Greece relationship and especially our important diaspora.
Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, and Texas, MassChallenge strengthens the global innovation ecosystem by accelerating high-potential startups across all industries, from anywhere in the world for zero-equity taken.
Το Ίδρυμα Μποδοσάκη προκηρύσσει νέο πρόγραμμα επιχορήγησης δαπανών για την κατοχύρωση των πνευματικών δικαιωμάτων και των δικαιωμάτων ευρεσιτεχνίας (πατέντες) προϊόντων – αποτελεσμάτων καινοτόμου έρευνας, τα οποία δύνανται να αξιοποιηθούν εμπορικά, μέσω της ίδρυσης νέων επιχειρήσεων ή της εκμετάλλευσής τους από υφιστάμενες επιχειρήσεις.
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