Entrepreneurship

The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate, according to data from the National Statistical Institute (NSI).

"Stagnation" is the term used by several representatives of investment funds in Greece to describe the trajectory of the Greek startup ecosystem at the end of the first quarter of this year compared to the corresponding period last year.

“The great opportunities offered by the American stock market to Greek entrepreneurs”

Addressing the EmpowerHer 2024: Elevate to Excellence Conference, outgoing Deputy Prime Minister and Foreign Minister Mariya Gabriel emphasized the crucial need to prioritize women's contributions and leadership in fostering an innovative ecosystem supportive of creativity, innovation, and entrepreneurship.

Startups may have now gone past the worst, say several international investors, predicting that 2024 will be a year of stability, in contrast to 2023, that showed shrinking investment and mass layoffs by technology companies.

BELGRADE - Serbian Minister of Economy Slobodan Cvetkovic met with Empire State Development Vice President of Industry Development Steve Gold in New York on Monday to discuss mutual promotion of direct investment, boosting SME growth and the significance of female entrepreneurship and green energy in contemporary business.

The Hellenic Development Bank (EAT) will activate the third edition of the Entrepreneurship Fund (TEPIX III), with a total budget of 500 million euros.

It aims to support entrepreneurship with loans and guarantees of a total amount of €2.2 billion through the leverage of funds from the banks as well.

"A leap forward is feasible and will benefit all of us. It is up to us, but requires determination and cooperation," said the chairman of the Hellenic Federation of Enterprises (SEV), Dimitris Papalexopoulos, on Monday, in a statement before the presentation of the federation's survey on the entrepreneurship environment.

Most Greek businesses are extremely short-lived, as 56% of them "die" before completing a decade of life. This proves business ventures in Greece are often done casually, without a plan or sufficient funds, motivated by need and not because the would-be entrepreneurs have identified a real opportunity.

Vestbee, one of the leading European platforms connecting startups, VC funds, accelerators, and corporates, has just released its VC Funding In CEE Report for 3Q 2023. The quarterly overview reveals that Central and Eastern Europe's financing trends align with those observed across Europe and globally.