the contemporary entrepreneurship scene of greece
TRANSCRIPT
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The Contemporary Entrepreneurial “Scene” of Greece
Konrad Adenauer S;<ung Social Market Economy Seminar Day #3 / 2015-‐07-‐11
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Demetrios Pogkas
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Why me 25 years old
Communica;ons & Mass Media
Journalist
Tech Startups & Venture Capital
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Entrepreneurship Discourse
99,9% The number of Small and Medium-‐Sized companies in Greece
85,8% The percentage of enterprises employees employed by
Small and Medium-‐Sized companies in Greece
72,1% The percentage of enterprises added value added by
Small and Medium-‐Sized companies in Greece
Source: European Commission SBA Fact Sheet 2014
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Entrepreneurship Discourse 2,983 men;ons* before 2010 13,225 men;ons* a(er 2010
*Men<ons as in results returned a?er online search for the the terms “entrepreneurship” ("επιχειρηματικότητα"/"επιχειρηματι-‐ότητας") and “startup/startups” on the following online media: Kathimerini.gr, ToVima.gr, TaNea.gr, Na?emporiki.gr, Avgi.gr,, Skai.gr, ProtoThema.gr. Consolidated results, years available vary. Source: Demetrios Pogkas.
-‐
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
"Entrepreneurship" & "Startups" Men5ons "Entrepreneurship" & "Startups" Men5ons
Kathimerini.gr
ToVima.gr
Na<emporiki.gr
Skai.gr
Protothema.gr
TaNea.gr
Avgi.gr
< 440%
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Roots of the Entrepreneurship/Startup “Scene”
Silicon Valley/"Facebook effect" -‐> Worldwide Trend Crisis -‐> New Genera;on of Entrepreneurs Success Story Discourse -‐> Media Interest European Commission Agenda -‐> Available Funds Greeks Abroad -‐> Global Networks Investments & Exits -‐> Seeng Examples
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Roots of the Entrepreneurship/Startup “Scene”
New Economy Development Fund (ΤΑΝΕΟ) Established
2000
2006
1st Open Coffee Mee;ng
2009
Piraeus Bank & Open Coffee Create 1st Seed VC Fund/Accelerator: OpenFund
JEREMIE Funds Established
2012
~ $55mn + $30,6mn + €8,15 mn of investments in 2013 & 2015*
2015
*last available data. Sources: Demetrios Pogkas & Imerisia.gr
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Entrepreneurship Ecosystem Elements
Startups Business Ideas Compe;;ons
Hackathons
Meetups
Incubators/Accelerators
Organisa;ons/Networks
Angel/Private Investors
Funding
Advisors/Mentors
Academia
Service Providers
Co-‐working Spaces
Community (or not) Events
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Get Started
Startups
Hackathons
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Meetups
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Community (or not) Events
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Get Started
Startups Business Ideas Compe;;ons
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Academia
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Co-‐working Spaces
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Incubators/Accelerators
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Organisa;ons/Networks
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Angel/Private Investors
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Get Started
Startups Funding
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Advisors/Mentors
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twiKer.com/pogkas #GRstartupscene
Get Started
Startups
Service Providers
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Successes
BugSense Acquired by Splunk (2013 -‐ N/a)
Antcor Acquired by u-‐blox (2014 -‐ €8,5mn )
AbZorba Games Acquired by GreenTube (2015 -‐ N/a)
e-‐FOOD & Click Delivery Acquired by Delivery Hero (2015 -‐ N/a)
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Failures
Locish Shut Down (2014 -‐ €650.000 in funding)
Cookisto Shut Down (2014 -‐ €200.000 in funding)
BigStash by Longaccess Shut Down (2014 -‐ €300.000 in funding)
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Want to Start Up?
-‐ Form a Team -‐ Work on your Business Idea -‐ Learn the Basics (Lean Startup, Business Model Canvas) -‐ Follow Interna;onal Trends -‐ Connect & Network -‐ Pitch your Idea to Anyone Willing to Listen to You -‐ Squeeze Out your Friends & Family -‐ Join an Incubator -‐ Create an Investors Pitch Deck -‐ Travel Outside of Greece -‐ Work Hard -‐ Execute & Deliver -‐ Give Back -‐ If Fail, Start Again
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Thank you!
Connect at: twiKer.com/pogkas
facebook.com/demetrios.pogkas