Entrepreneurship

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.

Vestbee, one of the leading European platforms for startups, VC funds, accelerators, and corporates, has just published VC Funding In CEE Report - 2Q 2023. According to this quarterly overview, VC trends in the CEE region have been closely mirroring the global downturn as the total value of disclosed funding rounds settled at €560M.

Not a single investment project in the context of business mergers and acquisitions has been submitted to the Recovery and Resilience Fund (RRF) to date for financing, despite the fact that Greece is a champion in absorbing the resources of the RRF's loan arm.

The Greek government's continuous efforts for achieving and safeguarding substantial gender equality was underlined by both Social Cohesion and Family Minister Sofia Zacharaki and Development Minister Kostas Skrekas at the 2nd International Forum on Women's Entrepreneurship - "Women Who Win," held in Athens on Friday.

Startups and scaleups from Central & Eastern Europe have a last chance to APPLY to CEE Startup Challenge, the flagship competition in the region organized by Vestbee, the leading community-powered matchmaking platform for startups, VC funds, accelerators, and corporates. 

The Greek armed forces are to link with local startups from which they can order advanced equipment and applications, according to draft legislation that will be opened to public consultation next week.

The goal is for the Ministry of Defense to initially invest up to €100 million in innovation over a three-year period through a company it will set up.

According to the ranking of StartupBlink ("Top 100 Countries for Startup-Business Friendliness 2023"), an organization that evaluates and maps the startup ecosystems of 1,000 cities in 100 countries worldwide, Greece is among the countries with the friendliest business environment for startups, coming in at 37th place and moving up six places compared to the previous count. 

BELGRADE - Serbia had an employed population of 2,360,762 people in Q3 2023 - up by 51,807 or 2.2 pct y-o-y, according to figures released by the national statistical office.

The next edition of CEE Startup Challenge is now officially accepting applications! This the biggest online competition in the region is powered by Vestbee - the leading community-powered matchmaking platform connecting startups, VC funds, accelerators, and corporate entities.